Implications of Recent Layoffs in Entrepreneurship:

The global business world is buzzing with layoffs by tech and retail giants, especially those that many people, such as millennials and Gen Z, saw as iconic examples of entrepreneurial dreams well pursued and executed with creativity and innovation. So, as a startup entrepreneur, you can’t plug your ears and feel cushioned from what is happening in the global economy wherever you are in the world. Fear of the unknown can catch up with you in these global economic instabilities. However, sticking to the purpose and value of your business venture will help you remain focused on your vision and mission, ultimately fulfilling your dreams. What Now for Brand Building? Don’t operate in the dark about the reality of what is causing these layoffs in all companies affected. But don’t lose focus in your brand-building process and journey. The global disruption of AI advancement needs to be accepted and embraced. Harness its power to use it as an opportunity for transformation in the digi...