According to a recent study, researchers at the Peterson Institute for International Economics found that Americans started 4.4 million businesses in 2021, a 24% increase from 2020. This is by far the biggest increase on record and there is nothing to indicate things will slow down!
As more and more people gravitate towards entrepreneurism, questions have arisen about who they are and whether there are commonalities among those launching their own businesses. Shopfiy published a great article addressing this question and posing the argument that our image of entrepreneurs desperately needs an update. It’s an interesting read!