Becoming an entrepreneur is a popular career path for today’s workforce. Who wouldn’t want to be their own boss?

It’s no surprise that with the use of social media, creating and marketing your own business has never been easier.

More and more Americans are taking the leap to go out on their own business ventures. In fact, 27 million Americans run their own business – that’s nearly 14% of the entire workforce! In addition, about half (51%) of the workforce, are interested in opportunities for starting their own business. Furthering this, about 80 percent of those who do plan to start their own businesses, are looking at doing it in the next 3 years.

What is an entrepreneur?

An entrepreneur is a person who runs their own business. They are those who prove to be successful, after taking risks and overcoming obstacles. More importantly, they are innovative and creative.

Entrepreneurs are those who usually, create a start-up business. They take the initiative to project both current and future needs, creating fresh ideas to bring to the market. Therefore, they may choose to create new ideas that are attractive to consumers, or they may choose to enter into a niche market with low competition.

The skills that entrepreneurs have can make a huge impact in an industry. As a result, they play an important role in our economy.

What are the best markets for an entrepreneur?

With the tastes and needs of consumers constantly changing, every year provides new opportunities for entrepreneurs! However, when deciding if this is a suitable pathway, you need to ask yourself some questions:

  • Is there a gap in the market?
  • Who will be my target audience?
  • Will they benefit from my product or service?

It’s important to know if your market choice is appropriate and aligns with the needs of consumers. Therefore, your answers to these questions will help you determine if your chosen market is the right one for you.

But, how do you know what market is the right one?

To help you, we have the top 5 markets for entrepreneurs below!

How can I become an entrepreneur?

At LearnMT, we know one of the best industries to become an entrepreneur is medical transcription! As medical transcription is a primarily online occupation, you have the flexibility to work from home and choose your own work hours. Therefore, our Certificate of Medical Transcription could be the perfect opportunity for you to kickstart your entrepreneur venture as a medical transcriptionist!

If you would like more information on how you can start your career to become a medical transcriptionist you can register for a free consultation with one of our Career Advisers below!

Request a Free Information Pack