Entrepreneurship and trading have become extremely popular methods for making money, especially over the last decade or so. Making as much money as possible has become a priority for many, especially as the cost of living continues to increase and traditional employment doesn’t always pay as well as it needs to.
Many seek side hustles to increase their earnings. Some look for ways to combine a passion with an earning opportunity. Writing blogs, reviewing games, and creating content for social media are some of the options that have been used over the last 10 years.
However, being an entrepreneur or getting involved in trading has also been a popular method. One reason for doing so is because of the technology that is accessible today.
How tech has developed entrepreneurship and trading
Technological innovation has been at its highest in the last decade. Several new opportunities exist today that weren’t available before, or were still in their infancy and weren’t recognized in the same way they are today.
Cryptocurrency is perhaps an investment area that many traders and entrepreneurs look upon with hindsight, given what has happened in the past. If we go back a decade, virtual currency might not have been something many considered because they didn’t understand it or weren’t convinced by its principle. However, fast-forward to now, and it’s clear that there is a market for it.
Digital currency is used across various industries. Healthcare, retailers and even entertainment businesses have embraced it. Online casinos are among the biggest adopters, with players enjoying many titles that they may not have had access to. You can discover a secure online casino bitcoin platform recommended by Globix if you want to enjoy what many are already enjoying.
Because of its popularity and acceptance across multiple industries, trading opportunities have become extremely popular. Of course, cryptocurrency can be associated with volatility. This factor influences the price, potentially causing astronomical changes. Since this can happen, investing and trading crypto have become popular in the last decade.
Tech has made this easy, as stock and asset trading have become much easier to access. Platforms have simplified trading to make it available to everyone, allowing users to go online and trade professionally as if they were employed in the role.
Internet advancements have also made it easy for people to become entrepreneurs. Anyone can create a business online, creating a digital footprint that allows them to sell their products and services. Platforms like Shopify have made it simple, lowering the barriers of entry to markets that may have seemed out of reach before today’s technology became available.
Cultural changes over the last decade
The changes experienced over the last decade can’t all be solely attributed to technological advancements. While they’ve had an undeniable influence and impact, society’s culture has also played a major role in the way that people live their lives and try to earn money. As mentioned, many have found that they’ve had to resort to new ways to earn. Technology has made this much easier, but it’s been a cultural demand for so many.
There has been a rise in the “gig economy” over the last ten years, with many finding that it works with their needs. Whether it be as part of a side hustle, a second job, or as a means of obtaining flexibility, working in this economy can provide individuals with a sense of self-management that entrepreneurship would come equipped with.
An acceptance (and evolving trend) has made remote working more possible. Equipping this with technology and platforms that allow individuals to earn for work they produce without being tied to an employer has allowed people to thrive. With so many enjoying the benefits and successes that can be obtained, entrepreneurship became aspirational.
Will entrepreneurship and trading continue to take off?
Given how the last decade essentially super-charged the two, we should expect to see entrepreneurship and trading take off further in the next decade and more.
As mentioned, there have been shifts in societal culture that suggest it’s the way forward for many workers and generations. At the same time, technology has broken down all previously established barriers, enhancing the level of accessibility on offer. If tech continues to improve, there’s no reason that any other existing barriers should cease to do so in the coming years.