60% Believe They Could Quit Their Job and Start a Business Today


As numerous as 60% of employees are certain that on the off chance that they quit their place of employment, they could begin a business quickly without any preparation. This was a critical finding of new exploration by Invoice2go.

The survey asked 2,500 people – including 500 small business owners – their thoughts on running their own business in the current climate.

It found that three out of five US workers concede they will persevere relentlessly to turn into their own chief. 68% accept they have expertise, interest, or energy that they could use in an effective independent company. Moreover, 40% of full or low maintenance representatives say they presently accomplish independent work to enhance their work. Three of every ten maintain their own business as an afterthought.


Inspired by Lockdown to Rethink Career Choices

The survey, which was conducted by OnePoll, found that 60% of respondents say they have been inspired to consider new career moves from their time spent in isolation. Some of the leading hobbies employees believe they could make money from include writing, baking, cooking, graphic design, and illustrating.

The findings of the survey are important as they show that despite the challenges and disruption caused by the pandemic, the is an air of optimism about starting businesses. With the right resources and support, employees are confident about turning passions into a freelancing career or small business. It also gives inspiration to others with skills and interest in the likes of writing and baking that they could turn their passion into a rewarding freelance career.


Importance of Online Presence

The overview likewise, signals the significance of having the correct assets, devices, and abilities set up to run an effective independent vocation or private venture. One region that business people need to dedicate time and consideration regarding is keeping a solid online presence.

As Mark Lenhard, CEO of Invoice2go, remarks: “Solopreneurs are going about as the sole bookkeeper, advertiser, and worker — they’re too caught up with overseeing different pieces of their business to consistently keep an online presence. Having an online presence is basic to arriving at current and new clients; it very well may be extraordinarily important for driving enthusiastic individuals to your image.”

Lenhard likewise noticed the incentive for consultants and entrepreneurs to get paid on schedule, through a powerful invoicing framework:

“It’s basic for long haul achievement and day by day tasks that entrepreneurs and specialists get paid on schedule. We’ve seen an ascent in advanced installments this previous year, and these will just turn out to be more basic for administration based organizations. My recommendation to entrepreneurs is to discover easy to understand innovation you can depend on to get paid rapidly and effectively,” he added.


Skill and Personality Traits Vital for Entrepreneurial Success


The respondents were also asked which skills and personality traits they thought were essential for entrepreneurial success. 50% of existing and would-be small business owners believe that ambition is paramount to success. 47% believe customer service skills are top of the list, followed by 46% who said that creativity was most vital.

The research also touched upon the most common reasons employees want to ditch their employer in favor of running their own business. 36% said that toxic work environments are their most pressing complaint. This was followed by a lack of growth opportunities and bad bosses.

The survey, therefore, gives important insight into what small business owners should prioritize in order to attract and retain staff. Creating opportunities for growth and being a good boss will go a long way in keeping employees satisfied.

All in all, Invoice2go’s research shows optimism among existing and want-to-be entrepreneurs. It also underlines how having the right tools and support is paramount to small business success.


Source: smallbiztrends.com

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