Redefining a work-life balance

People are leaving their jobs to start their own businesses. Yet, less than three percent of the 51 million independent workers filed as businesses intending to hire employees.

A 2021 MBO Partners report found that 82 percent of independent small business owners want to keep their company small, and 56 percent said they wanted to remain solopreneurs. Many became entrepreneurs to improve their well-being, not to add complexity by managing other people or building a mass operation.