What Steps Should Be Taken By New & Young Entrepreneurs During This Pandemic?

  • 2nd Dec'20
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Every crisis generates challenges and risks to entrepreneurs and their institutions, whether it is initiated by human behavior, natural disasters, or economic tools. COVID-19 has considerably influenced the entrepreneurial attention of self-employed persons.

Some entrepreneurs had to temporarily shut down their businesses due to governmental restrictions; others had to assess precautions and operate their activities to a reduced extent.

They also wanted to find innovative solutions in all facets of their entrepreneurial endeavor as the pandemic linger's effects. Before the entrepreneurs got acquainted with the new situation, governments started helping them out with specific policy-actions.

 

Startup Opengrowth

 

To know more: 

Top 5 Crisis-Response Steps for Entrepreneurs

Crises brings opportunities and those who filter out the opportunities and tricks to sail out from crises is the real warrior. Grab opportunities and manage crises, but how/ let’s roll into the article and discover. Read more.

 

Entrepreneurs during the Time of COVID

It is almost distinct that the way entrepreneurial businesses are involved today will impact how entrepreneurship is anticipated as a job choice in the future. With so many large institutions removing talented and well-qualified employees, perhaps this crisis and its aftermath will motivate more people to take on the risks associated with entrepreneurialism when they think they've observed or discovered an opportunity. There are so many new necessities and gaps to fill, and startups tend to be much faster at modifying, adapting, and filling gaps than more established corporations.

 

Read the below article to know more: 

Ways To Rebuild Your Small Business After Covid-19

If you’re not certain what your coronavirus exit way should include, here are some enlisted route that can help with getting your business back on race. Read more.

Three Vital Ways You Can Strengthen Your Business During The Pandemic

Here's you can discover on how to approach this adverse situation in the way that turn you and your business best. Read more.

Coronavirus: 8 Things Your Small Business Needs To Do 

Here are some helpful tips for small entrepreneurs to eliminate risks and grow, what they are, explore. Read more.

 

New Startup

 

Young Startups 

While many startups will decline to survive the crisis, the pandemic has also given a surge to more or new entrepreneurial activity – an indication for us to reconsider how we value invention in entrepreneurial systems.

The question we are faced with now is how this will impact on us going forward and what can be done by several players to make sure we move in a favorable direction.

 

Refer to the below articles to know more: 

COVID-19 Indian Innovators

Meet the 30 startups under C-CAMP battling the pandemic the #Aatmanirbhar way. Read more.

Protecting young startups during COVID-19

In this crises situation there is need to shield young entrepreneurs who have done something good in their spaces. Read more.

Startups: Problems and Solutions

It is believed that to start startups, one should stop sketching and begin building. Once the building of a startup successfully ends, nobody can be a barrier, and therefore the entrepreneurs become irrepressible. Read more to Know about Startup Problems and Solution.

 

We at OpenGrowth are constantly looking for startups trends in the market. If you wish to know more about the startup ideas, let us know in the comment section. 

 

About the Author: Beauty Kumari 

An eloquent individual, love to express a myriad of topics through her words. She is ready to take any professional challenge head-on and give her best to any project entrusted to her. She wants to adversely impact through her writing and build a career out of her passion.

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*Note: The content published above was made in collaboration with our members.

About the author:

Kumar Amritanshu (Editor), OpenGrowth Content Team

Amritanshu, a geek, an explorer, traveler and innovative creator by heart. Experimenting with new ideas and exploring innovative technologies are his break-through talent. Endless craze for technology and creativity. Associated with editorial team at OpenGrowth and keenly serving great stuff from startup world.


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