Solopreneurship is undoubtedly on the rise. In fact, nobody is surprised by that. It’s the speed with which solopreneurship is rising that’s the amazing story. What could be the causes for such amazing solopreneur business success? Experts believe that the economic downturn – of 2007-2009 – may have had a huge role in converting a lot of careerists into solopreneurs. People were laid off, fresh college graduates couldn’t land jobs in their preferred fields, and yes – there was lots of debt!
Sure, there’s been a recovery in the past few years, but it’s been a slow recovery. While the slightly older people are getting turned off the quality of traditional jobs available, the millennials are not even looking in that direction. The Internet economy beckons. Many careerists and graduates are tempted to start side-gigs – or even full-time solopreneur businesses – that they can do to their heart’s content and earn some money.