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It’s been said we live in the era of the 'Millennipreneurs'1. As financial services company BNP Paribas puts it, "Under 35s are creating more companies, with higher headcount and greater profit ambitions than any previous generation…"
Today’s successful startups aren’t necessarily like the ‘Student Start-ups’ of Mark Zuckerberg or Bill Gates that we’ve seen before. In fact, in the US today, startup entrepreneurs are more likely to be in their mid 30s, juggling career, family and a creative outlet as well as providing an emotional support structure2.
We are entering a new phase of the ‘Solopreneur’ with more individuals launching their own enterprises which they remain solely responsible for. With access to multiple e-commerce platforms, it's become increasingly easier for budding entrepreneurs to start businesses from their homes, which is ideal for new parents. With this new multi-faceted generation advancing to the forefront of the business world, their most precious commodity is time. The demand for fast, effective business support and information3 that gets their next new venture going and growing in the spare time is at an all-time high.
In Latin America, Chile, Columbia and Peru are providing a winning combination of a stable economy and governmental financial support to entrepreneurs to deliver greater national growth. Across the Pacific, China’s new generation of business starters born in the 90s are shunning the constraints of their parents and learning to embrace the entrepreneurial spirit of trial and error 4.
In fact, the desire to become an entrepreneur is now so widespread that it’s being taught in US colleges 5. The traditional bastion of the maverick business mind is now being homogenized, sanitized and professionalized. The question they pose is whether it’s possible to launch a successful e-commerce startup in just 10 minutes a day, using the tools, apps and support available freely online.
Looking for advice on how to start an e-commerce business? Below, we explore the possibilities of developing a small or medium-sized enterprise in your spare time. Whether it’s building a business plan on the bus, connecting with a creative in your coffee break, or strategizing your social media output on a Sunday morning, 'How to start your business in just 10 minutes a day' is your essential guide – download your FREE copy below.
It is also important to keep up to date and informed on issues such as business insurance, which SimplyBusiness have given an insight into here.
1. https://www.score.org/blog/what-millennipreneur
2. https://cdn-actus.bnpparibas.com/files/upload/2015/11/04/docs/ataglance.pdf
3. https://www.fundera.com/blog/free-e-commerce-store
4. https://www.theguardian.com/business/2019/oct/21/china-overtakes-us-in-rankings-of-worlds-richest-people
5. https://www.businessinsider.com/the-best-colleges-for-future-entrepreneurs-2015-8?r=US&IR=T
From downloading a template for your ‘Business plan before breakfast’ to locking down your logistics in your local coffee shop, ‘How to launch a successful business in just 10 minutes a day’ is a FREE and great way to get your business idea off the ground.