Entrepreneurs of the World Rise: 2020 Strategies
A billion new entrepreneurs are on the march; young and old, big and small, from rich nations and from poor nations, this time most entrepreneurs all over the world have same access to latest technologies and similar global access to markets. Only the smart nations with smart cities with smart entrepreneurial management will be able to understand how to harness such mega forces. How will they create local grassroots prosperity and solid midsize economies across their nation? A new world of entrepreneurial freedom is emerging as an alternate to old-perpetual-economic-slavery-working-model.
What occupies the world today; Brexit fiascos of once the mighty British Empires, American Impeachment circus of once mighty global leader and the rest are wars of sorts, the list can be long, but the global masses tired and treasuries empty…entrepreneurial revival is a new mighty frontier. The national mobilization of entrepreneurialism of talented citizenry on platform economies demands understanding of the new definitions and answering some serious questions. When restless citizenry starts becoming visible, populism becomes louder and separatism issues as new fears urgently needed to create grassroots prosperity are new agendas and strategies.
Nothing more important than entrepreneurialism must fill such vacuum as the art of national mobilization of entrepreneurialism on digital platforms economies turns into a science of the day.
Re-definitions of midsize economy: The optimization of small medium enterprises of the nation to quadruple exportability and innovative excellence performance are new frontiers where battalions of entrepreneurs allowed to bounce all across 200 nations and show case their talents, goods and services to enjoy the powers of the brand of Canada and its people. The new thought leadership on new global age skills on national deployments becomes a test.
Re-definitions of work: work of future now determined by algorithms, elimination of white-collar expertise would morph towards entrepreneurialism as smart work for very smart worker not only erases 9-5 rat races, creating new living styles and new intellectualism; how will Canada mobilize working citizenry to adopt such dramatic changes?
Re-definitions of work-space: When workless, officeless, jobless workers start leaving downtown office buildings, corporate hierarchies morph, impacting downtown economies and redefining their purpose against suburbia. New styles of consumerism, distribution starts confusing future of smart cities starts bouncing amidst super-smart-living. Now Canada as a hot spot to such transformations offering best destination for living, foreign investments and opportunities; what will Canada table as solid options to highlight growth and stability?
Re-definitions of management: When free technologies replace senior and middle management impacting social adjustments, a hyper productive inter-connected-age with new styles of debates and engagements will force new state of mind, how will Canada identify, organize one million small and midsize enterprises as part of Platform Economy, showcase them in bright colors creating bounce with 200 other nations, where already some new billion other entrepreneurs are headed?
Re-definitions of time: now business operation time is 24x7x365 how will these new cultural-realities start overtaking old-style timelines and lazy calendars slots how do you train masses to work much less but with more productive technologies. New habits merge with new occupations optimizing with talented hobbies and here nouveau entrepreneurialism starts taking shape. Ease of processing and unlimited global access becomes the new and long awaited arena for women entrepreneurs to shine. The human productivity, juxtaposed with hyper accelerated automation will also create massive boredom and mental chaos.
Re-definition of digital-divide: Today globally speaking digital divide is now mental-divide.These issues demand new thinking and new answers. Such vacuums cannot allow filling with divisive politics or non-stop media rhetoric but with constant high quality contents and pragmatic global-age entrepreneurial solutions and grassroots prosperity ideas. Classicism of Entrepreneurialism proves that by nature entrepreneurism is diverse, tolerant and a real local community builder.
Re-definitions of national transformation: This is a fact, all over the world Public-Sectors and large bureaucracies for having a different mandate have proven again and again for not being entrepreneurial in action and for that reason alone, entrepreneurs much like mushrooms in the forest grow at random, but now on massive digital platform economies this is now like organized mushroom farming. How does something like this translates to a nation where majority is youth and anxious to find grassroots prosperity. Authoritative understandings, mobilization with deployment skills are the prerequisites.
The Entrepreneurial Rebellions:
Understanding entrepreneurial knowledge: The superiority of the message embedded in the art and science of entrepreneurialism clearly written in the language and symbology of ‘tacit knowledge’ and should not be the deterrent for academic or government agencies. Rather this is an open invitation to bold and open dialogue.
FACTS: Classroom education is ‘explicit knowledge’ like bookkeeping, something that can be written. Entrepreneurialism is ‘tacit knowledge’ like riding a bike, something that can only be practiced.
Understanding classicism of entrepreneurialism: The advanced study of classicism of entrepreneurialism brings us closer to global age mobilization and deployments of entrepreneurial as a new phenomenon. This is new thinking that advances and mobilizes masses of entrepreneurs, impacting grassroots prosperity that captured by superpower-technology-platforms.
Understanding mobilization of entrepreneurialism: Many nations around the world have tried very hard to create entrepreneurialism but frequently failed. However, these same nations were able to create well trained armies and high-ranking officers because they all trained in tactical battlefield engagements and by veterans from the real battlefields. Soldiers do not draw pictures of battlefields on whiteboards and run around with water pistols. They practice real situations in boot camp fashion and live the battles.
Understanding Platform Economies:
Alibaba records $38 Billion of sales within 24 hours November 11th 2019: Around the world, currently, there are 100 nations with less than $38 Billion dollars in annual GDP. Imagine if this single company performed at the same rate for next 365 days, it would equal to annual GDP of Japan, Germany, India, France, UK and Canada all combined. Bravo Alibaba, well done, the world in shock is now fondling in own toolboxes looking for a screwdriver.
Nations without digital platforms in 2020 would look like nations without Internet in the nineties.
Which nations are ready? Ready to explore how national mobilization of entrepreneurialism on platform economies can uplift local grassroots prosperity, and if there are enough trade-groups, Chambers of Commerce, Trade Associations anxious to play on these AI centric digitally advanced and globally friendly market-places? Outside a miniscule number, around the world, out-dated trade-groups are in rapid transformation so they too would become shiny butterflies for the new global-age. Which nations are open to national debates?Can a nation declare top priority to discover its hidden and untapped talents of their citizenry? Can it demonstrate superior skills to mobilize small and medium businesses across the nation? Can it adopt continuous self-learning to foster occupational superiority for the nation? Can it isolate trade-wars and prioritize internal skills-wars as national agenda? Can it create national debates and bring trade-groups all under one umbrella?
Fact: The world can easily absorb unlimited exportable ideas in unlimited vertical markets. Fact: The well-designed innovative ideas are worthy of such quadrupled volumes. Fact: The entrepreneurial and dormant talents of a nation are capable of such tasks. Fact: The new global age skills, knowledge and execution are now the missing links
Three steps for Midsize Economy to advance on grassroots prosperity:
ONE: Identify 1000 to 100,000 small and midsize entrepreneurs within a nation, and create a national agenda to quadruple their performance on innovative excellence and exportability. Caution–this is not to be confused with old out-dated-old-data rather it requires the assembly of ultra-modern-digital and current-profiles of individual midsize enterprises within a nation.
TWO: Deploy digitization of top national trade associations and chambers of commences to upgrade to world-class digital platforms so that their entire membership can skate nationally and globally showcasing their goods and services. Caution–this is not to be confused with old websites with odd text and emails; this is more like LinkedIn format and ten times more richer information with colorful and highly interactive platforms.
THREE: Study Expothon Strategy and how over a decade it has perfected the model; observe how Worldbank also adopted similar approach with their well executed Econothon project. Expect some more serious deployments in this arena. Caution– this is not to be confused with a single award night; this is all about outstanding performance of the remaining 364 days of the year each filled with active and daily engagements.
Serious Questions: Was there ever a senior level national debate and authoritative discussion on such deep and specialized integrations? In the meantime outside minuscule percentages there are some 10,000 Chambers of Commerce of the world and 100,000 National Trade Associations uplifting thinking when it comes to advanced level digital platforms but still afraid about their future roles and return on investment on membership fees. They will all shine under new flags of creating new global bounce and prosperity.
By all means, such transformations are no easy task; but however, they are less dependent on new-funding but are heavily dependent on global-age-execution and strategic agenda
How to improve current status of the national issues: Nations are already flooded with massive innovations, but lack massive commercialization. Nations have over certifications and degrees but seriously lack business directions. Nations have empty incubators and exhausted accelerators like real estate projects. Nations have random economic development programs but often without mega punch. Focused and timely Round-tables and Cabinet Level discussions are always good starting points.
2020 is a great start for tabling pragmatic solutions and presenting a special series of exclusive programs on uplifting midsize economies of any nation so long there are large numbers of small and midsize enterprises. Special announcements on exclusive events and large scale digital platforms under planning announced very soon. Study very deeply on Google…
Copyright 2015-2019 Naseem Javed
Brick By Brick, BRICS Now a New Bridge for a New World
Measuring BRICS in single decades, in 2001, BRIC started as an acronym for Brazil, Russia, India, and China; Goldman Sachs economist Jim O’Neill claimed that by 2050 the four BRIC economies would come to dominate the global economy. So South Africa was added to BRIC in 2010. The following countries are now expressing interest in joining: Afghanistan, Algeria, Argentina, Bahrain, Bangladesh, Belarus, Egypt, Indonesia, Iran, Kazakhstan, Mexico, Nicaragua, Nigeria, Pakistan, Saudi Arabia, Senegal, Sudan, Syria, the United Arab Emirates, Thailand, Tunisia, Turkey, Uruguay, Venezuela, and Zimbabwe. Is this now the awakening of BRICS+ or BRICS power?
BRICS+ by 2030 will add dozen new members and carve new indices, and by 2040, it will lead to new intellectualism on geopolitics and socio-economies for the super complex 2050 age of smart living.
Historically, BRICS nations pushed on their people-power agenda over super-power titles. They made extreme value-creation economic models over focusing on powerful military-industrial complexes. They focused on nation-building and avoided special mandates to manage global affairs. They have been on a quest to upgrade them. They were feeding hungry mouths, as they were population rich, constantly up-skilling, and improving value creation as they were SME rich. They kept a steady watch to create multilateralism to uplift humankind.
They, too, made mistakes, as did the rest of the world
In the third decade of the third millennium, come 2020, three transformations erupted. First, futurism changed the rules on the ‘physicality of work’ and created a new imbalance with the ‘mentality of performance’; this has divided the workforce of world; the old system of over a billion commuting daily to the center of a complex maze to arrive daily at the sanctum of the company and create climate change. So now, in response, some 50% of the world’s workforce has chosen to stay away and work remotely in the surroundings of wide-open choices. Furthermore, technology uplifted micro-power-nations and exposed Western economies now stripped naked in bubble baths on slippery floors, they tippy-toe practicing conga-lines
Newly magnified economy: Behold, what microscopes exposed the magnified inner workings of the body. Similarly, the integrated networks have exposed the digital connectivity and working of millions of villages, cities, and nations with additional billions of people to interact, trade, improve grassroots prosperity and create a well-informed and opinionated citizenry. Some 100 years ago, if only 1% of the world’s population knew what was happening, today it is a dozen times more, and by 2030 double again. Why would these numbers change the global economic matrix when translated into micro-trading, micro-manufacturing, and micro-exporting? International opinion today is already strong enough to crush any national opinion of any nation still lingering under the illusion of a self-promoted victory.
When the SME sector already exists within each nation, the global markets are always hungry for good quality goods and services, and the rains of almost free digital technologies make such transformation a quick turnaround. Therefore, mindsets are critically essential; the need to define the difference between the job seeker mindset that builds the organizations and the job creator mindset that originates and creates that organization in the first place.
So what are the lessons, key features, and blueprints in sight?
Mistakes and new lessons: Last many decades, as the new world was rising, Western citizens felt like China experts, and their regular visits to local China towns restaurants in each city misguided them that Laundromat trained Chinese could only produce some chicken fried rice. Ever since the advent of the camera, the East was always projected as poor and dysfunctional; mesmerized by the media coverage during the last many decades, the West was equally convinced that India, a land of only snake charmers and fakirs, finally someday speak better English. The general perceptions about Asia, besides eating rice, if they could ever make cheaper products for the West. The rest is history, mistakes, and lessons.
After the big ding-dong nights of 2000 New Year’s Eve, today’s new story starts from the 20th chapter. Now China and India alone have created some 500 million new entrepreneurs, not by a magic pill or meta-crypto-wand but by National Mobilization of Entrepreneurialism, a slow, painful deployment of SMEs across the nation, and by creating mobilization protocols to identify, classify, and digitizing based on multiple factors from type and size to the evaluation of their “respectable” role in future communities and economic factors. This methodology was far more advanced in strategy and stern management over the globalization frenzy from the West, where sudden exporting of manufacturing of the industrial plants to kill manufacturing and destroying the middle class out of the West already declared globalization a great success.
The other mistake is to assume this is an economic or an academic study, at best, like an Oscar Slap on sleepy rotundas occupied with endless printing of money across the Western economies. Instead, this is an entrepreneurial response for the entrepreneurial nations to awaken hidden entrepreneurial talents in up-skilling SMEs and re-skilling manufacturers at national levels.
Recommendations and warnings: No airline can survive with only Flight Engineers and Frequent Flyers stuffed inside the cockpits; that space is only reserved for highly trained pilots. Henceforth, across the world, any economic development of any size, shape, or authority may find other more suitable alternate paths of occupation if they still cannot demonstrate any levels of understanding, applicable skills, or mobilization mastery on the National Mobilization of Entrepreneurialism to up-skill exporters and re-skill manufactures and uplift national SME sector as the most prominent economic contributor of the nation. Study the biggest error of economic thinking
Underestimating the hidden powers of early thinking and starting a tiny unknown SME is a mistake of mindsets; here, entrepreneurialism like a saga unfolds, like a voluminous piece of literature but demanding literacy, understanding the job seeker mindsets and the ability to differentiate with entrepreneurial job creator mindset is already winning half the battle. Study the Mindset Hypotheses
Nations failing to realize the power of the billion SME rising in Asia and still unable to declare a national agenda of national mobilization of SMEs now must acquire an understanding of the 4B Factor: a billion displaced due to the pandemic, a billion replaced due to technology, a billion misplaced in wrong jobs now a billion on starvation watch. Furthermore, this 4 billion ever digitally connected mass of people ever in the history of humankind is now the most significant force of global opinion. Notice nations are already intoxicated with joy over the popularity of their national public opinion while having just an opposite international opinion on the world stage.
Recommendation; everyone is born an entrepreneur; our system chips away at this talent. Nevertheless, 10% to 50% high potential SMEs of any nation once are identified, classified, and digitized within 100 days. The uplifting digital platforms of up-skilling exporters and re-skilling manufacturers will result in 10% to 50% quadrupling their performance, productivity, and profitability. Imagine how much-regimented efforts will activate a positive national economic revolution based on real value creation, uplifting grassroots prosperity. How soon is a nation ready for a significant change? The rest is easy.
Promoting Economic Security: Enhancing Stability and Well-being
The stability and well-being of people, communities, and countries are critically dependent on economic security. It covers a range of topics, such as access to necessities, work opportunities, stable incomes, and defense against economic shocks. The need of guaranteeing economic security has increased significantly in the modern world, which is characterized by technical developments, geopolitical shifts, and unexpected disasters. The importance of economic security is examined in this article, along with important tactics for promoting adaptability and preserving people’s quality of life.
The value of economic security to individuals, communities, and countries cannot be overstated. By fostering an atmosphere where people and families can achieve their basic needs without suffering undue stress, it promotes stability. Because of this stability, people can recuperate and start over after severe shocks like economic downturns, natural disasters, or health crises.
Furthermore, economic security contributes to social cohesion by reducing inequality and fostering inclusivity. When individuals feel economically secure, they are more likely to actively participate in society, contribute to their communities, and engage in productive endeavors. This sense of security leads to greater social harmony and a collective feeling of prosperity.
Moreover, economic security is vital for long-term sustainable development. It enables individuals and societies to invest in education, healthcare, infrastructure, and innovation. These investments drive economic growth, improve overall well-being, and create the foundation for a prosperous future. By ensuring economic security, countries can build resilient and sustainable economies that benefit their citizens and contribute to global progress.
To enhance economic security, several key strategies can be implemented. Firstly, governments and businesses should prioritize diversifying their economies by promoting sectors with growth potential and resilience. By reducing reliance on a single industry or market, countries can mitigate the impact of economic downturns and build a more robust and diversified economy.
Investing in education and skills development is another crucial strategy. Governments and organizations must focus on providing quality education, vocational training, and lifelong learning opportunities. Equipping individuals with the necessary tools and knowledge enables them to adapt to changing economic landscapes and remain competitive in the job market.
Strong social safety nets are necessary to protect people during times of economic upheaval. The most disadvantaged populations should be given priority in the design and implementation of comprehensive social welfare systems by the government. Creating a safety net for all citizens entails implementing programs for income support, healthcare coverage, and unemployment benefits.
Promoting entrepreneurship and innovation can create new opportunities for economic growth and job creation. Governments can support aspiring entrepreneurs by providing access to capital, mentorship programs, and favorable regulatory environments. Embracing technological advancements and fostering a culture of innovation further enhances economic security, particularly in an increasingly digital world.
International cooperation is essential since economic security is a global issue. Cooperation between nations is necessary to advance ethical business practices, lessen economic inequality, and improve financial stability. Initiating discourse, coordinating policy, and assisting nations in economic crises are all important functions of multilateral organizations.
Societies can improve their economic security and create a more secure and prosperous future by putting these strategies into practice: diversifying the economy, investing in education and skills, creating social safety nets, encouraging entrepreneurship and innovation, and fostering international cooperation.
Having economic security is crucial in a world that is uncertain and changing quickly. Governments, corporations, and individuals may all work together to create an environment that promotes economic security by putting a priority on stability, resilience, and inclusivity. We can create a more resilient and prosperous future for everybody through diversity, education, social safety nets, entrepreneurship, and international cooperation. By making investments in financial stability, we build a more just and sustainable world.
The Impact of Globalization on the South Asian Economy
Globalization refers to the process by which economies, societies, and cultures from different countries become integrated with one another. The economies of the countries that make up South-East Asia, which include India, Pakistan, Bangladesh, Nepal, and Sri Lanka, have been significantly impacted by the spread of globalization in recent decades. The effects of globalization on the economies of South Asian countries have been mixed, with some positive and some negative results.
Positive Impacts of Globalization on the South Asian Economy
The expansion of South-East Asia’s trade and investment opportunities is one of the aspects of globalization that has had the most positive impact on the region’s economy. Because of its large consumer base, low labor costs, and strategic location, the region has become an attractive destination for foreign investors. As a consequence of this, the level of foreign direct investment (FDI) in South Asia has significantly increased, which has led to the development of new industries and the production of new jobs.
The expansion of the service industry in Sout-East Asia can also be attributed to the effects of globalization. South Asian countries have emerged as a hub for the outsourcing of services such as information technology (IT) and business process outsourcing as a result of the emergence of new technologies and the increased availability of skilled labor (BPO). As a direct consequence of this, the area has benefited from an increase in both the number of available jobs and the amount of money it brings.
Last but not least, globalization has facilitated greater cultural interaction and integration throughout South-East Asia. The region possesses a significant cultural legacy, and the advent of globalization has made it possible for South Asian music, films, and cuisine to become popular all over the world. This has not only contributed to a greater awareness of the region’s cultural heritage, but it has also opened up new doors for the travel and hospitality industry.
Negative Impacts of Globalization on the South-East Asian Economy
Even though there have been some positive effects, there have also been some negative effects that globalization has had on the South Asian economy. The widening gap between rich and poor is one of the most pressing problems that we face today. The advantages brought about by globalization have accrued almost entirely to a relatively small number of people, which has contributed to a widening income gap. As a consequence of this, social unrest and a wider gap in incomes have emerged.
Another significant obstacle that has been presented is the displacement of workers and traditional industries. Due to the effects of globalization, many smaller businesses have been forced to shut down, and their employees have been relocated to larger companies that are more productive. As a consequence of this, there has been an increase in unemployment as well as social unrest, particularly in rural areas.
Globalization has contributed to the deterioration of the environment in South Asia. The region has seen a growth in industries such as the textile industry, both of which have had a significant impact on the environment as a result of their expansion. The population’s health and well-being have suffered as a direct result of environmental degradation, which can be traced back to the increased consumption of natural resources and the improper disposal of waste produced by industrial processes.
The economy of the South-East Asian region has been affected in both positive and negative ways by the phenomenon of globalization. While it has resulted in the growth of industries and increased cultural exchange, it has also resulted in the displacement of workers and the widening of income inequality. While it has contributed to the growth of industries and increased cultural exchange, it has also resulted in the displacement of workers. In order to address these challenges, policy interventions that foster inclusive growth, protect the environment, and create new opportunities for the population will be required. By acting in this manner, countries in South Asia will be able to take advantage of globalization’s positive aspects while mitigating some of its more damaging effects.
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