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Entrepreneurship is the Future of Employment

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We are in the midst of a job revolution due to industry change and rapid evolution of technology. Exponential technologies like AI, robotics and automation are predicted to replace many jobs and new inventions will make old technology obsolete. The McKinsey Report states that 15-30% of jobs could be displaced by 2030.

However, it does not mean jobs will disappear entirely; they will be replaced by new jobs in new industries. In addition, the structure of “work” will change. In fact, it has already started. With “gig economy” jobs, like driving for Uber or delivering for InstaCart, traditional full-time employment is becoming less of the go-to standard, both for employers and employees.

What this means is that regardless of the industry in which you currently work, you would be wise to pay attention to changes in the marketplace and where your industry is going. Many people will need to re-tool their skills to pivot into new industries, as old ones fall away.

There is no need to panic though; we have been here before. And with each new wave of innovation, old technologies and industries have fallen away. But every single time industries have died, new ones have been born.

The electric refrigerator disrupted the ice industry. The gasoline automobile replaced the horse and buggy. In the same way, robotics are automating jobs once held by people, and smartphones have replaced the need for CDs, newspapers, books, magazines, cameras, calculators, GPS, and more.

Our grandparents’ generation tended to hold 1 job in their lifetime. Our parents likely changed jobs a handful of times. Today, holding a job longer than 10 years is uncommon. For our children, they are a lot more likely to hold multiple jobs or gigs at once than to have a full-time, long-term position.

So, what does this mean for you?

We believe it means that regardless of who you are, NOW is the best time to start learning how to play the game of entrepreneurship.

In fact, we believe that self-employment is the ultimate form of empowerment!

“Entrepreneurship is about turning what excites you in life into capital, so that you can do more of it and move forward with it.” – Richard Branson

Here’s why:

Even if you have no desire to be a full-fledged, self-employed business owner, starting a side hustle is the best way to capitalize on the opportunities of the growing gig economy and new trends in the marketplace while minimizing your risk of being in an industry that is disrupted.

TAKE YOUR FINANCIAL SECURITY INTO YOUR OWN HANDS: In an uncertain economy, the worst position to be in is depending on a paycheck from a company that could quickly become obsolete. Of course, you can adapt to a new industry or position, but an even better way to protect yourself is to find a way to make money on your own.

  • No matter what happens in the broader economy, you have both a stream of income that you have control of.
  • More importantly, you have the knowing within yourself that you are capable of creating an income yourself.
  • LIVE LIFE ON YOUR TERMS: Even without the risk of rapid industry disruption, having a side hustle gives you more control over your time, your money and your quality of life.
  •  Being self-employed comes with it’s stresses and a lot of responsibility, but it also gives you back the power to determine your own schedule and how you spend your time.
  • Creating your own stream of income means you are no longer limited to how much someone else feels your time is worth. The extra money can be used to enjoy life more or invest in your future.
  • Even if your job is mundane and not fulfilling, a side hustle can help you make money doing what you love on the side.

There are so many reasons to develop a side hustle:

  • Take back your power
  • Increase your income
  • Protect your future
  • Get paid to do what you love

But there are also a lot of reasons people resist entrepreneurship. The internet is filled with business “gurus” and talk about business startups, raising capital, and ways to make money. Unfortunately, a lot of the tips are bogus or just not applicable. Plus, with so many options and so much pressure, it can feel complicated and overwhelming, not to mention expensive and time consuming!

The good news is that making money on your own terms does not have to be hard or overwhelming. In fact, there are literally hundreds of ways you could start making money TOMORROW in your spare time using easily accessible information and tools.

Technology: Technology has made it easy to plug into existing money-making gigs. Whether you want to create an online store or become a service provider for a gig employer, like Uber, all it takes is downloading an app or signing up for a website platform to get started.

Information: Google, YouTube and online courses make the tactical strategies and steps you need to know to get started easily accessible and either free or low-cost, so you do not have to figure it out for yourself. Learn from a mentor who has done what you want to do.

Freelancing: Regardless of your experience or skill (whether it’s designing, bookkeeping, writing, research, administrative support, or any form of expertise, there are websites like Upwork, Fiverr and many others where you can find opportunities to take on side projects or contract positions.

Local Gigs: You can serve your local community and make extra cash by offering services, such as tutoring, pet sitting, cleaning, yard car, or repairs.

Infopreneurship: If online businesses are more appealing to you, there are numerous ways to make money off information products. You can start a blog, become an affiliate, create online courses or write an ebook.

Monetize Your Stuff or Space: There are dozens of apps that allow you to rent or sell your stuff:

  • Rent out a room in your house through AirBNB
  • Rent your lawn equipment through MyEquipment4Rent or sports equipment through Sinlister
  • Sell your designer clothes on ThredUp or Poshmark
  • Deliver meals or people using your car through Uber or Instacart

There has never been a better time to become an entrepreneur, both because it provides security in a rapidly changing world and because the tools and resources are at your fingertips.

Whether you want to make an extra hundred bucks a month or plant the seeds of a business that can one day replace your job all together, know that your future is in your hands. You can do this!

Joeel & Natalie Riveria are co-founders of Transformation Academy, where they train leading-edge entrepreneurs, leaders and life coaches how to master their mindset and create a purpose-driven business. Joeel is a former psychology professor with a Master’s Degree in Counseling and Education is currently completing his dissertation on eudaemonic happiness for his Ph.D. in Psychology. In 2014, they pivoted their business online, first by transitioning their print magazine into digital format and later when a long-term illness inspired them to convert their coaching and training programs into online courses. Since then, Transformation Academy has trained almost 500,000 coaches from 200+ countries and territories around the world. They are advocates for the democratization of education, making real-world, transformational knowledge and tools accessible to all.

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Business

The Entrepreneur’s Reading List That Transforms Ideas Into Empires

These must-read titles and writing insights reveal how entrepreneurs turn bold ideas into empire-level success.

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top entrepreneurship books for business growth
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Entrepreneurship is powered by stories—of accomplishment, failure, and decision moments that define businesses. Books are maps, providing insight from individuals who’ve traversed the road ahead. (more…)

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Entrepreneurs

The Leadership Shift Every Company Needs in 2025

Struggling to keep your team engaged? Here’s how leaders can turn frustrated employees into loyal advocates.

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Bridging the gap between employees and employers
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In workplaces around the world, there’s a growing gap between employers and employees and between superiors and their teams. It’s a common refrain: “People don’t leave companies, they leave bad bosses.”

While there are, of course, cases where management could do better, this isn’t just a “bad boss” problem. The relationship between leaders and employees is complex. Instead of assigning blame, we should explore practical solutions to build stronger, healthier workplaces where everyone thrives.

Why This Gap Exists

Every workplace needs someone to guide, supervise, and provide feedback. That’s essential for productivity and performance. But because there are usually far more employees than managers, dissatisfaction, fair or not, spreads quickly.

What if, instead of focusing on blame, we focused on building trust, empathy, and communication? This is where modern leadership and human-centered management can make a difference.

Tools and Techniques to Bridge the Gap

Here are proven strategies leaders and employees can use to foster stronger relationships and create a workplace where people actually want to stay.

1. Practice Mutual Empathy

Both managers and employees need to recognize they are ultimately on the same team. Leaders have to balance people and performance, and often face intense pressure to hit targets. Employees who understand this reality are more likely to cooperate and problem-solve collaboratively.

2. Maintain Professional Boundaries

Superiors should separate personal issues from professional decision-making. Consistency, fairness, and integrity build trust, and trust is the foundation of a motivated team.

3. Follow the Golden Rule

Treat people how you would like to be treated. This simple principle encourages compassion and respect, two qualities every effective leader must demonstrate.

4. Avoid Micromanagement

Micromanaging stifles creativity and damages morale. Great leaders see themselves as partners, not just bosses, and treat their teams as collaborators working toward a shared goal.

5. Empower Employees to Grow

Empowerment means giving employees responsibility that matches their capacity, and then trusting them to deliver. Encourage them to take calculated risks, learn from mistakes, and problem-solve independently. If something goes wrong, turn it into a learning opportunity, not a reprimand.

6. Communicate in All Directions

Communication shouldn’t just be top-down. Invite feedback, create open channels for suggestions, and genuinely listen to what your people have to say. Healthy upward communication closes gaps before they become conflicts.

7. Overcome Insecurities

Many leaders secretly fear being outshone by younger, more tech-savvy employees. Instead of resisting, embrace the chance to learn from them. Humility earns respect and helps the team innovate faster.

8. Invest in Coaching and Mentorship

True leaders grow other leaders. Provide mentorship, career guidance, and stretch opportunities so employees can develop new skills. Leadership is learned through experience, but guided experience is even more powerful.

9. Eliminate Favoritism

Avoid cliques and office politics. Decisions should be based on facts and fairness, not gossip. Objective, transparent decision-making builds credibility.

10. Recognize Efforts Promptly

Recognition often matters more than rewards. Publicly appreciate employees’ contributions and do so consistently and fairly. A timely “thank you” can be more motivating than a quarterly bonus.

11. Conduct Thoughtful Exit Interviews

When employees leave, treat it as an opportunity to learn. Keep interviews confidential and use the insights to improve management practices and culture.

12. Provide Leadership Development

Train managers to lead, not just supervise. Leadership development programs help shift mindsets from “command and control” to “coach and empower.” This transformation has a direct impact on morale and retention.

13. Adopt Soft Leadership Principles

Today’s workforce, largely millennials and Gen Z, value collaboration over hierarchy. Soft leadership focuses on partnership, mutual respect, and shared purpose, rather than rigid top-down control.

The Bigger Picture: HR’s Role

Mercer’s global research highlights five key priorities for organizations:

  • Build diverse talent pipelines

  • Embrace flexible work models

  • Design compelling career paths

  • Simplify HR processes

  • Redefine the value HR brings

The challenge? Employers and employees often view these priorities differently. Bridging that perception gap is just as important as bridging the relational gap between leaders and staff.

Treat Employees Like Associates, Not Just Staff

When you treat employees like partners, they bring their best selves to work. HR leaders must develop strategies to keep talent engaged, empowered, and prepared for the future.

Organizational success starts with people, always. Build the relationship with your team first, and the results will follow.

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Entrepreneurs

What Makes an Entrepreneurial Leader? Traits of the World’s Best Innovators

Inside the mindset of entrepreneurial leaders who transform risk, passion, and vision into world-changing results.

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entrepreneurial leadership skills and traits
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When you think of Richard Branson (Virgin Group), Bill Gates (Microsoft), Steve Jobs (Apple), Rupert Murdoch (News Corporation), and Ted Turner (CNN), one thing becomes clear: they are not just entrepreneurs, they are entrepreneurial leaders. (more…)

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Entrepreneurs

Building a Business Empire: Lessons from the World’s Boldest Entrepreneurs

Learn essential lessons, success strategies, and mindset shifts every aspiring entrepreneur needs to overcome challenges and build a thriving business.

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how to build a business empire
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Back in July 2017, I attended a business seminar on entrepreneurship in India. With my appetite for learning and meeting new people, I wanted to explore the latest developments in the entrepreneurial world. (more…)

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