In the last few years, many entrepreneurs have taken the social media world by storm. These folks have tapped resources and made an industry out of it. Entrepreneurs like Peter Workum know the hard work and innovation needed to succeed in business.
In today’s business world, any concept can take off and become the next big thing. Many young people are taking advantage of that fact. In doing so, they’re making names for themselves as well as huge profits.
Ben Silbermann and Evan Sharp, for instance, pioneered into social media and produced the successful site Pinterest. Experts estimate the value of the site at $1.5 billion. It’s become one of the most popular sites for those in the social media world. What’s more, Silbermann and Sharp are both 29 years’ old.
Spotify has risen out of the ashes from other music-sharing platforms like Napster. The founder, Daniel Ek, is just under 30 himself. Silbermann, Sharp, and Ek have all mastered their fields with exquisite expertise. But how are these youngsters doing it?
Entrepreneurial work is an art. These young people follow a few basic principles. Business professionals like Peter Workum suggest taking hints from the ways these young experts are doing it. An article on inc.com explains how.
Solving Huge Problems: These professionals first and foremost are attacking big issues that need reforming. The founders of Codeacademy and of General Assembly teach technology and business skills needed in the current job market. The founder of Pharmasecure addresses the issue of counterfeit drugs. GiveForward is a company that addresses the need for poor families to cover medical emergencies.
Job Creation: These entrepreneurs are creating employment opportunities like never before. Inc.com’s list of 30-Under-30 employs over 1,800 employees, a staggering 73% rise from last year.
Manufacturing: Today’s market doesn’t require outsourcing of manufacturing, and these entrepreneurs take that to heart. Rachel Weeks, for example, has taken her clothing production out of Sri Lanka and planted it in Durham, NC.
Mobile: With the rising importance of mobile accessibility, business professionals are noticing that the future is mobile. Many succeeding entrepreneurs make apps and other mobile platforms.
Entrepreneurial work remains one of the most difficult fields of business. Those taking note of the current business environment take a drab idea and transform it.
In his thirty-year career, Peter Workum has held a myriad of professional positions. His work in management, finances, and entrepreneurial endeavors has shaped him in a well-rounded and proficient businessman.