The Great Resignation continues to accelerate at a torrid pace.
The Bureau of Labor Statistics reports that in 2021 more than 3.95 million workers quit their jobs each month on average.
Perhaps you’re next?
For context, that is the highest recorded number ever. Many of the drivers for so many workers quitting include the rethinking of personal values and priorities due to pandemic pressures, vaccine mandates, a strong job market, and the pursuit of business ownership.
Going forward, will executives and senior workers continue to leave their corporate jobs in record numbers? All signs and forecasts seem to indicate so.
QuickBooks, for instance, forecasts that nearly 17 million new small businesses will be launched in 2022.
Is yours next?
If that sounds like a big number, it is. Per QuickBooks’ analysis of the U.S. Census data, that means that nearly one of three of these projected 17 million business owners will need to incorporate and hire staff. As a result, Quickbooks projects that 5.6 million new business owners in 2022 will need an Employer Identification Number (EIN). That enormous number of new EIN registrations would also top the prior record of 5.3 million from 2021.
At the start of the pandemic, small businesses were easily the most negatively impacted by COVID with so many unfortunately having to abruptly close. Government-mandated office and store closures, physical distancing measures, and supply chain delays and disruptions led to the rapid disappearance of customers for many small businesses, particularly the ones that were not ready and able to transition to more of a remote commerce operating model.
The tides have turned, though, as the Great Resignation has clearly fueled a small business revolution. Many savvy and seasoned workers are choosing to skip the job hunt outright and go all-in on their pursuit of entrepreneurship.
Are you as well? If not now, when?
If you are an aspiring entrepreneur looking to transition from Corporate America to the path of business ownership, RevSherpas can help.
Luckily for small to mid-sized businesses, the recent onslaught of technological innovations and improvements in mobile, cloud computing, P2P payment systems, AI (artificial intelligence), blockchain, IoT (Internet of Things), and robotics has made streamlining and automating core marketing, sales, customer engagement, and service activities easier and more affordable than ever before. In fact, many sophisticated prospecting, lead tracking, sales pipeline management, and marketing autoresponder solutions that were previously only available at the larger enterprise level for Fortune 500 corporations and leading global brands are now accessible to everyone, including both established and aspiring, hungry business owners, such as yourself.
CONTACT US to explore your options and determine if it makes sense to transition from corporate to entrepreneurship. We’ve been in your shoes and have quickly and successfully made the transition ourselves. Entrepreneurship is not for everyone and there certainly are many advantages to advancing your career in the corporate arena.
GET IN TOUCH to hear more about how our revenue growth acceleration consulting practice has lessened the learning curve for hundreds of new entrepreneurs in the U.S. (and beyond) and how we can minimize your risk, speed up your path to business ownership (and profitability), and help you find more high-paying clients with less effort and more consistency using our internationally proven and proprietary Client Connect!™ formula.
It’s your time!