2019 - Last year of this decade

Can you believe next year will be 2020 !!??!!

For the young, it is nothing really just another decade. Many of us who grew up in the 80s and early 90's 2020 sounds like something we used to hear sci fi book, comic or movies (like some Marty McFly Back to the Future thing).

What does this mean for the future of small business owners like me? In the age of entrepreneurship we are going to see many businesses thrive and so many falling to grasp the up and coming changes ahead. Technology has replaced so much services that the jobs our parent used to do will inevitably become obsolete.

As the creative industries is a very broad area, they are many areas to choose from when starting a business. With the growth of the internet and social media is easier then ever before to set yourself up as a actor, actress or fashion designer.

However, these traditional type of creativity are not actually the highest performing areas. The below graphs show that within the creative industries areas such as craft and fashion actually suffer in comparison to the gaming an software and IT sectors.

https://www.gov.uk/government/publications/creative-industries-sector-deal/creative-industries-sector-deal

As mention before, I run actually two business within the creative industry and sell art at different Art Fairs globally. So it is a huge interest of mine to see how the future of the Creative Industries will thrive in the coming years. The emphasis of adaptation in technology will be really important in the up and coming decade due to the accelerated rate people nowadays consume information, products and services. We small business owners will have to ensure that the value which our brand adds is efficient enough to sustain customer retention.

My future blogs will be touching on surviving and thriving in future creative industries as a small business owner and tips to stay ahead.

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