For Subscribers

Editor's Note: Lessons Learned, Opportunities Created Entrepreneur Magazine's Editor-in-Chief Amy Cosper reflects on 2011 as a turning-point year.

By Amy Cosper

Opinions expressed by Entrepreneur contributors are their own.

Amy C. CosperWhen historians reflect on the year A.D. 2011, it will be with mixed emotions. Depending on your perspective, it was a year replete with innovation, creativity and opportunity, but also a year of recession, high unemployment and low confidence. The dichotomy of the year and the emotions it triggers are telling signs that we are at a turning point--a near breaking point, really. Not only in our economy, but also in the way we approach our future.

And that future is looking far more entrepreneurial than corporate these days. That is certain.

The year 2011 will most likely be remembered as the year social media found its voice and discovered its power. The new relationship between brands and customers will forever be changed. Customers are now active participants in companies, brands, funding and collaboration. Imagine this: For the first time in history customers are influencing company strategy--arm-in-arm with CEOs.

So powerful is the collective voice that 2011 saw entire governments collapse in revolutions conceived through grass-roots social media collaboration. And companies large and small are learning--some more slowly than others--that listening to the collective voice is as strategic as formal research and complicated Mindjet maps.

But perhaps the greatest gift from 2011 is that it laid the foundation for a stunning 2012, a year that promises an acceleration of the lessons, opportunities and explosive land mines from 2011. A turning-point year for us.

Within the pages of this issue, we give you our predictions for the trends that will shape the coming year. From the clunky-sounding "gamification" movement to collaborative commerce and extreme fitness, we've handpicked the sectors with the most economic impact and the most opportunity. These are just the guideposts. As entrepreneurs, I'm sure you'll take the next 12 months to prove us wrong. The one undeniable thread is that as entrepreneurs, you must continue to surprise and delight your customers.

The mantra rolling into the new year? Rules must be broken, and so must smelly old business models and thick, syrupy bureaucracy. And any expectations that fat corporate jobs are coming back? Kiss that one goodbye, and let's move forward with what we've got and create and execute in unexpected ways.

That, my friends, is a jobs plan. Now if we could just get the damn banks to lend a little, we could change the world.

Amy C. Cosper
Amy C. Cosper,
Editor in chief
Follow me on Twitter, @EntMagazineAmy

Amy Cosper

Former Editor in Chief

Amy Cosper is the former vice president of Entrepreneur Media Inc., and editor-in-chief of Entrepreneur magazine.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Business News

AI Could Cause 99% of All Workers to Be Unemployed in the Next Five Years, Says Computer Science Professor

Professor Roman Yampolskiy predicted that artificial general intelligence would be developed and used by 2030, leading to mass automation.

Buying / Investing in Business

Big Investors Are Betting on This 'Unlisted' Stock

You can join them as an early-stage investor as this company disrupts a $1.3T market.

Buying / Investing in Business

From a $120M Acquisition to a $1.3T Market

Co-ownership is creating big opportunities for entrepreneurs.

Business News

Mark Zuckerberg 'Insisted' Executives Join Him For a MMA Training Session, According to Meta's Ex-President of Global Affairs

Nick Clegg, Meta's former president of global affairs, says in a new book that he once had to get on the mat with a coworker.