Never in history have we seen such rapid growth in the number of entrepreneurs who’ve begun working for themselves. From app developers, to freelance writers, business consultants, creative producers and startup founders, there’s no shortage of people willing to take calculated risks in the name of creating their own self-employed careers.
And why not? Every single day, many of these solopreneurs are growing their small businesses into the millions.
Yet, despite the optimistic outlook, the majority of would-be business owners still fall victim to the fear of turning their side hustle ideas into reality.
In a recent study from Bentley University, over 66 percent of those aged 18 to 34 cited a desire to start their own businesses. Yet, as of 2013, only 3.6 percent of businesses in the U.S. were owned by those under the age of 30.
And it’s not for lack of education or talent.