A new survey from Justworks, while looking at the possibility of a "looming recession," shows that while 42% of US employees were worried about layoffs last year, only 25% are concerned this year. Also, more than half (59%) of employed adults are interested in starting their own business or becoming an entrepreneur – however, 39% don't feel like they have enough money to do so and 29% don't think they have the knowledge to start a business.
Of those adults looking to start their own business, Gen Z (18-44) is the most likely interested cohort. There are several things that could help employed adults feel more confident in becoming an entrepreneur, namely: gaining a better understanding of the financial (34%), operational (32%), and legal (31%) aspects of starting or running a business, having a mentor to help guide them (29%), acquiring capital investment/having initial access to capital (27%), and creating a business plan (27%).
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