How might we create a society in which all people can contribute to economic success – where do the opportunities lie?

Technology has seamlessly integrated with the lives of people in common,

this

can be very well understood by the fact that we are able to use most of the gadgets without the necessity of having a technological bend.

This

of course has been possible due to the critical thinkers who have contributed towards the conversion of the complex algorithms into user-friendly applications. . In

this

digital age almost everyone irrespective of the social status has access to smart phone and internet. People are making the most out of the free and user friendly applications

such

as Facebook, YouTube and recent hype Tiktok. We have found a medium to express ourselves and

also

showcase creativity. With

such

platforms and for sure many more to come, we have bright chance to establish and execute the ideas. “Happiness is not a matter of intensity but of balance, order, rhythm and harmony.” – Thomas Merton Isn’t it anybody wishes to live the life as per the quote by Thomas Merton, Sigh! But hardly can we, we are all bound by the orders, timelines and commitments. Often,

such

constraints are imposed on us by Managers, Peers or unit. Have you heard of the concept called

so

lopreneur a

nd do you know it is the booming concept in the gig economy! So what is a

so

lopreneur..

.? I had the same question when I

first

heard of

this

term and thought that

this

is just another word for being an entrepreneur.

Ho

wever there a

Accept comma addition

However, there

re more advantages in being a

so

lopreneur t

han being an entrepreneur. Most exciting is that you can be your own boss and often control the entire operation cycle by yourself. Listing few more advantages of being a

so

lopreneur b

elow:- 1- Low or no set up cost: - As a

so

lopreneur y

ou do not have to invest heavily in the infrastructure or various technologies, the cost of travel and staff is

also

limited or equivalent to nothing. 2- No Fear of Layoff: - While the entrepreneurs and bigger organisations have a fear of laying off and lock offs, as a

so

lopreneur,

you just take a break for some point and wait for the turn to be right. You may use that stage to up skill yourself or explore some more opportunities and prepare yourself for it. 3- Complete independence: - Being a

so

lopreneur y

ou can enjoy benefits of working at your flexible schedules. You can choose your space and plan your days as per what matters to you and not as per others. 4- No complex formalities: - Being a

so

lopreneur d

oes not come with a lot of the complex set up and other lethargic and complex legal aspects. With the easy payment methods now, you can

also

accept payments throughout the world seamlessly. 5- Liberty of Scope of endeavour: - You are your own boss, you can choose your scope of task and align the timelines for it. You may

also

keep up with your own peace. 6- Boundless Learning and Earning: - The earning and learning is in your hands. Being a

so

lopreneur your o

Accept comma addition

solopreneur, your

pportunity to learn and earn are boundless they are not limited to the minimal average hikes or not bound by budget constraints. 7- Be a Wanderer: - Location is not the constraint, you can work while you are still on vacation, you can carry out your tasks from any possible location you want to. Going forth

hence

, I believe that the spirit of Solopreneurship is going to be one of the major trends in the market and with the aid of monetization; everybody will be able to achieve their dream of earning through their ideas and vocation. It is

however

of the greatest importance that education should be spread across most underdeveloped and developing nations. Along with the elementary education, vocation must

also

be given equal importance as it is the main source of one’s creativity and critical thinking. On the governance side, governments should seek to motivate

such

so

lopreneurs a

nd aid them with necessary monetary and infrastructure facilities. More liberal majors have to be taken in order to establish

this

concept to help increase your contribution. Business Schools and education institutes must

also

contribute towards being a custodian of

such

progressive ideas. Together

hence

it will be the responsibility of the Government, educational institutes and the individuals to contribute in their own ways to become inclusive towards the economic success in the global digital economy.