As we move into 2025, financial empowerment is at the forefront of many individuals’ goals. According to recent studies, a staggering 73% of people are planning to focus on building their personal wealth in the coming year. The strategies for achieving this goal are varied, but two key approaches stand out: growing existing businesses and starting new ventures.

Of those planning to build their wealth, 44% aim to expand or scale up their current businesses, while 25% are looking to start something entirely new. These numbers indicate a shift towards entrepreneurship and financial independence, reflecting a broader trend of individuals taking control of their financial futures.

The Rise of Entrepreneurship in 2025

The trend of growing existing businesses and launching new ones speaks to a larger entrepreneurial movement that has been gaining traction over the past few years. This shift has been fueled by factors such as the rise of remote work, digital tools that make it easier to start a business, and the ongoing interest in side hustles and freelancing.

According to a 2024 study by the Global Entrepreneurship Monitor, over 500 million people worldwide are expected to start a business by 2025, driven by technological advances, the increasing availability of funding options, and the desire for financial independence. For many, starting a new business represents the opportunity to not only build personal wealth but also create a source of passion and purpose.

Factors Driving Wealth-Building Goals

A combination of financial instability during the pandemic, the rise of financial literacy, and a greater desire for control over one’s career have driven more people to consider wealth-building strategies. As people become more aware of the potential to leverage assets like real estate, stocks, and entrepreneurial ventures, they are increasingly making plans to ensure long-term financial security.

For existing business owners, the desire to expand is often linked to the potential for higher profits, greater market share, and the ability to build a sustainable future. Some of the most popular sectors that entrepreneurs are looking to grow include e-commerce, technology, digital marketing, and healthcare services, where demand continues to rise.

The Role of Technology in Wealth Building

One of the key drivers of the current wealth-building wave is the rapid advancement of technology. With tools like e-commerce platforms, business automation software, and digital marketing, entrepreneurs can reach broader audiences with minimal investment. This makes it easier than ever for individuals to start and grow their own businesses, even in industries previously dominated by large corporations.

Additionally, financial tools and apps have made managing personal wealth more accessible. With investment apps like Robinhood, real estate platforms like Fundrise, and cryptocurrency trading tools, individuals can diversify their portfolios and build wealth outside of traditional savings accounts.

A Focus on Financial Independence

The focus on building wealth in 2025 is also tied to a growing desire for financial independence. With job markets becoming more competitive, many individuals are seeking ways to free themselves from financial constraints and live on their own terms. Starting a business or scaling an existing one is one of the most common paths to achieving this goal.

This interest in financial independence is reflected in the popularity of concepts like the FIRE movement (Financial Independence, Retire Early), which encourages individuals to save and invest aggressively in their earlier years to gain financial freedom and retire early.

What This Means for the Future

The fact that 73% of individuals plan to focus on wealth-building in 2025 is a strong indicator of the changing mindset surrounding money. Whether it’s through growing a business or starting something new, more people are looking for ways to take control of their financial futures.

As we approach 2025, expect to see a continued rise in entrepreneurial ventures, investment opportunities, and a broader shift towards self-sufficiency and financial security. Whether you’re a seasoned business owner or someone looking to start fresh, the coming year will likely be a pivotal one for personal wealth-building.