Startup Trends for Entrepreneurs

There’s never been a better time to be an entrepreneur, and it’s only getting better. Technological change in society is growing at a faster rate due to the proliferation of smart phones, the power of cloud computing, and the connectedness of society. Now, it’s 10x cheaper to build a minimum viable product compared to a decade ago and there are many more tech opportunities available.

Here are a few startup trends on the horizon for entrepreneurs:

• Talent War – Technology has such great economies of scale that it magnifies the value of smart people who get things done, and that demand is only going to increase
• Changing Workplace – Millennials seek an environment that encourages autonomy, mastery, and purpose along with a focus on results, not being in the office from 9-5
• More Outsourcing – With continued technological enhancements comes more ability to outsource non-core work and more items available as a service (even office space as a service)
• Emphasis on Design – No longer is it good enough for the product to just work — now people look for it to work in an intuitive and beautiful manner

More opportunities results in more competitors, but overall it’s a great time to be an entrepreneur. With these trends, and more, look for continued entrepreneurial opportunities.

What else? What are your thoughts on startup trends for entrepreneurs?