The flip side of the ‘great resignation’ — a small-business boom

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From January through November this year, just under 5,000,000 new businesses were launched, a jump of 55% over the same time period in 2019.

“This time has been really fertile. We’ve seen a huge increase in new businesses since the pandemic started,” said Julia Pollak, chief economist at ZipRecruiter. “There are more opportunities out there.”

“There are a few big themes happening,” said Dave Carvajal, CEO of Dave Partners, a recruiting firm focused on the tech industry. “There’s a large amount of money that’s going into venture-backed startups,” he said. Much of this is driven by the ascendance of digitally native consumers and workers — and the pandemic did the rest.

Frank LaMonaca, certified mentor at SCORE, a program that offers executive mentoring for entrepreneurs, said the pandemic provided an unexpected “window of opportunity” for people hungry to go into business for themselves. “What it did give them was the time to reassess the future of work in their life,” he said, adding that the two most popular SCORE workshops are on business fundamentals and social media marketing, respectively.

For some former worker bees, the turning point was seeing their work responsibilities multiply in the wake of the pandemic. The pressure of juggling simultaneous office-based and online programs when her Florida-based employer reopened prompted Chelsea Kidd to come to a realization. “The other thing I think is a permanent change is the ability to work at home,” LaMonaca said. “It broadens the workforce in many ways.”

“I think what shifted is post-pandemic, this whole concept of remote-only opened up a world of new opportunities,” said Anand Balasubramanian, who left a job where he had worked for six years because greater acceptance of telecommuting gave him opportunities beyond Ames, Iowa, where he lives.

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Obviously people are tired of working for liberal companies. I won’t Vax mandate myself when I run my own business.

JFC!!!!

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If we had universal health care, even more people would quit their lousy jobs and start new businesses. The blossoming of the American genius would be epic

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