There has been a surge in the number of new businesses launching as an understandable response to the economic and workplace challenges brought on by the pandemic, according to Charlene Walters, MBA, Ph.D., a business and branding mentor and author of Launch Your Inner Entrepreneur.
According to a summary from the Department of Labor, over 4 million Americans left their jobs in April alone due to toxic workplace culture, overwork, and burnout. And according to the US Business Formation Statistics (BFS), 1.36 million new companies were started in the first quarter of this year.