#6 Increased Competition Will Cause Consolidation

With so many new entities popping up in the market there is bound to be stiff competition. With competition comes stress and stress could lead to a lot of things, one of them is elimination of competition. Do not be alarmed, this is not a reference to an Alfred Hitchcock movie, direct competition is eliminated by consolidation explained by a popular phrase – “if you can’t beat ‘em, join ‘em.” This year will witness plenty of teaming up, what this does is increase manpower and it can also give a renewed perspective into things – could lead to great innovation.

#5 The Time to Crowdfund is Here

This is the year to try new things, it is time for individuals to network and pool their money using internet or any other viable medium. Wikipedia is doing it, Hollywood does it all the time, all the charity organizations provide services because of it and if people like your product then you can do it as well.

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