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Have you long dreamed of taking your career into your own hands? Do you want 2021 to be the year you finally become your own boss? If you have an entrepreneurial streak coursing through your veins, now is the time for you to follow your dreams in the world of business. Do not wait for tomorrow… it will never come. Put the effort in today, and you will be sure to maximize your potential as a company executive sooner rather than later.

There are a whole host of different routes that you can take in your attempt to become a fully-fledged business owner in 2021. Here are three of the most profitable directions that you can go in:

Ecommerce

Due to the impact that COVID-restrictions have had on the traditional commerce industry, consumers are now being forced to do the majority of their shopping online. Web-based retail is growing more and more necessary by the day, and you can cater to this burgeoning demand by starting your own ecommerce store.

To build a successful online retail enterprise, you must:

1. Home in on your own unique product niche

2. Choose a robust store platform

3. Align yourself with an expert web designer

4. Set up a profitable storage/delivery method — dropshipping is currently proving incredibly popular in this instance

5. Fortify your financial foundations by obtaining appropriate funding — you can find business loans at Become.co

Consultancy

The past 12 months have put a lot of things into perspective for millions of people across the globe. Lockdown has forced people to reevaluate their career plans, which is why you should not be surprised if you see new businesses sprouting up everywhere as soon as restrictions are lifted. 

If you want to profit from this newfound society-wide passion for entrepreneurialism, you should seriously consider starting your own consultancy company. Should you take on this challenge, you will be tasked with supporting startup business owners in their attempt to get their organizations up and running. 

Of course, to be able to provide insightful and useful advice to your clients, you are going to need to be an expert in their industry. You should only consider starting your own consultancy company, then, if you are experienced and knowledgeable with regard to a particular field.

Online tutoring

If you have teaching credentials, expertise, and experience, you should consider starting your own online tutoring company. There has been a recent surge in demand for web-based education, which means that there will never be a better time for you to embark on this entrepreneurial pathway.

To start this type of business, you must:

1. Decide what level/age you wish to teach

2. Expand your knowledge of your chosen subject matter

3. Work on a number of other skills (IT, web-based communication, business acumen, etc.)

4. Invest in quality teaching equipment

5. Choose a robust tutoring platform (Skype, Google Hangouts, Zoom, etc.)

If you are serious about becoming your own boss in 2021, be sure to heed the advice laid out above.

By Erica Buteau

Change Agent. Daydream Believer. Maker. Creative. Likes love, peace and Jeeping. Dislikes winter, paper cuts and war. She/Her/Hers.

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