# The Great Resignation teaches us we’re all entrepreneurs Author: Pal Sinha, Barnali Author URL: https://financedigest.com/author/pal-sinha-barnali Published: 2022-08-29 Category: BUSINESS Category URL: https://financedigest.com/category/business Meta Title: The Rise of Entrepreneurship: Navigating a Changing Meta Description: Discover how the global crisis has led to a surge in start-ups and the need for innovative virtual solutions. Embrace the new era of working! URL: https://financedigest.com/the-great-resignation-teaches-us-were-all-entrepreneurshtml ![undefined](https://prod.superblogcdn.com/site_cuid_cm5qst7v3003gwirgwqtxn8i8/images/istock-1341020334-1736815349555-compressed.jpg) _![](https://prod.superblogcdn.com/site_cuid_cm5qst7v3003gwirgwqtxn8i8/images/064-1736815349548-compressed.jpg)_ _By **Roger James Hamilton,** Founder and CEO of Genius Group_ Whenever there is a crisis, especially a global one, people tend to become very self-reflective, question what they’re doing with their lives and ultimately seek purpose. This was true of the pandemic – it essentially changed the way we work, live and importantly, the way we think. For millions of Americans, working for someone else in a 9-5 job had lost its appeal, and a and a report carried out by the [Census Bureau’s Business Formation Statistics](https://www.census.gov/econ/bfs/pdf/bfs_current.pdf) revealed 5.4 million start-up business applications had been submitted during 2021 alone. This surge in start-ups followed not only people opting to leave their [jobs but also a number of people losing their jobs due to budget cuts](https://www.financedigest.com/icrc-to-cut-some-1500-jobs-as-humanitarian-budgets-seen-sliding.html "ICRC to cut some 1,500 jobs as humanitarian budgets seen sliding") and many corporate companies downsizing teams. Among the rise in start-ups, many of those were within the tech industry and following the pandemic we have witnessed many traditional offline sales sectors such as [real estate](https://www.financedigest.com/the-north-heads-south-to-mipim-en-masse-to-corner-new-real-estate-business-opportunities.html "The North heads South to MIPIM en masse to corner new real estate business opportunities") become successfully digitalized, using online platforms to promote properties along with virtual tours. Although the last couple of years has resulted in significant losses for some companies, it has also [created new opportunities](https://www.financedigest.com/grain-and-cereal-crop-market-novel-technological-solutions-will-create-lucrative-growth-opportunities.html "Grain And Cereal Crop Market : Novel Technological Solutions Will Create Lucrative Growth Opportunities") for many entrepreneurs.  Shutdowns in the hardest-hit industries have opened up space for new companies that can now provide clients with new products at better costs and those [businesses without online](https://www.financedigest.com/6-practical-tips-for-starting-an-online-business.html "6 Practical Tips for Starting an Online Business") stores had to reconsider their strategies. We have reached a new age, where we must [pay attention to the expanding need for fresh virtual solutions and address it by introducing new services](https://www.financedigest.com/best-paying-jobs-in-finance-consumer-services.html "Best Paying Jobs in Finance Consumer Services"). [Entrepreneurs that are embracing these challenges and self-educating themselves on how new technologies can benefit their businesses are the ones that are achieving success](https://www.financedigest.com/hiring-smart-is-the-key-to-success-for-entrepreneurs-heres-how-you-do-it.html "“Hiring Smart” is the key to success for entrepreneurs. Here’s how you do it."). They are the ones who are [creating jobs](https://www.financedigest.com/italy-jan-jobless-rate-edges-up-to-7-9-with-35000-jobs-created.html "Italy Jan jobless rate edges up to 7.9%, with 35,000 jobs created") not trying to find jobs. It is so vital now to start [thinking globally](https://www.financedigest.com/will-global-commodities-suffer-as-a-result-of-brexit-the-experts-at-easymarkets-think-not.html "WILL GLOBAL COMMODITIES SUFFER AS A RESULT OF BREXIT? THE EXPERTS AT EASYMARKETS THINK NOT!"). With a global approach to [education and business](https://www.financedigest.com/the-education-of-business-education.html "‘The Education of Business Education’") so much can be achieved. People can start collectively tackling global issues, such as [poverty and lack of education](https://www.financedigest.com/poverty-education-levels-draw-battle-lines-in-french-election.html "Poverty, education levels draw battle lines in French election") and through a common goal and purpose, these problems can be eradicated to provide a better world for future generations. This new [era of working](https://www.financedigest.com/shoring-up-cyber-defences-in-the-remote-working-era.html "Shoring up cyber defences in the remote working era") means a much more individual-focused approach. A shift away from generic [training courses](https://www.financedigest.com/prince2-and-msp-training-the-rise-of-online-project-management-courses.html "Prince2 and MSP Training: The Rise of Online Project Management Courses") and a one glove fits all mindset, the entrepreneur of today is focused on understanding that each person in their team has different talents, needs, obligations and motivations. Ultimately, people will [deliver better outcomes](https://www.financedigest.com/5-ways-data-integration-solutions-are-helping-financial-organizations-deliver-improved-outcomes.html "5 Ways Data Integration Solutions Are Helping Financial Organizations Deliver Improved Outcomes") and enjoy their working lives more if their leader understands them and they have a better understanding of their colleagues. This transition is in the early stages for many businesses and it requires a change in mindset and way of operating, which can prove more challenging for [large corporations compared to entrepreneurs and start-ups](https://www.financedigest.com/large-investment-success-for-basingstoke-cybersecurity-start-up.html "Large investment success for Basingstoke cybersecurity start-up"). The rise in entrepreneurs will disrupt the traditional educational model of learning and training for one specific [job role](https://www.financedigest.com/amazon-ceo-says-job-cuts-to-exceed-18000-roles.html "Amazon CEO says job cuts to exceed 18,000 roles").  Instead, we’ll [see a commitment to life-long learning and continuous](https://www.financedigest.com/swedish-match-continues-to-see-strong-smoke-free-sales-growth.html "Swedish Match continues to see strong smoke-free sales growth") reskilling and upskilling to be able to work across many different areas of business. This will also [bring about more forward-thinking ideas and concepts as people move out of their comfort zones and allow for a fresh perspective and way](https://www.financedigest.com/4-ways-moving-office-can-bring-your-business-roi.html "4 ways moving office can bring your business ROI") of working with others. Ultimately, this empowers entrepreneurs to discover their true purpose and inner genius, benefitting the [business and everyone they collaborate](https://www.financedigest.com/5-ways-cfo-and-cio-collaboration-can-benefit-the-business.html "5 Ways CFO and CIO collaboration can benefit the business") with. ‘The Great Resignation’ is actually ‘The Great Re-ignition’ that society needs, as archaic models of [business and education are fast becoming irrelevant in our digitalized world](https://www.financedigest.com/fintechs-support-of-ukraines-digital-businesses-can-be-used-as-blueprint-across-the-world.html "Fintech’s support of Ukraine’s digital businesses can be used as blueprint across the world"). Many [people lack the skills required for the future job market and we must](https://www.financedigest.com/life-post-brexit-people-must-take-precedent.html "Life post Brexit – people must take precedent") either educate ourselves on new ways of working or risk being left behind. The [rise in entrepreneurs shows that many have already grasped this and are choosing to embrace the future](https://www.financedigest.com/heightened-interest-in-global-cuisines-to-brighten-the-expansion-prospects-of-herbs-and-spices-manufacturers-industry-predicted-to-rise-at-3-6-cagr-future-market-insights-inc.html "Heightened Interest in Global Cuisines to Brighten the Expansion Prospects of Herbs and Spices Manufacturers: Industry Predicted to Rise at 3.6% CAGR | Future Market Insights Inc. "). What has become apparent is that being an [entrepreneur is much more than owning a business](https://www.financedigest.com/california-attractions-smart-entrepreneurs-use-to-attract-business.html "California Attractions Smart Entrepreneurs Use to Attract Business"), it is about shifting consciousness and unlearning certain business practices, challenging our restrictive views on wealth and leadership. To [become an entrepreneur](https://www.financedigest.com/when-did-discernment-become-a-dirty-word-for-female-entrepreneurs.html "When Did Discernment Become a Dirty Word for Female Entrepreneurs?") starts with a lot of self-reflection – am I happy in my role? Are my strengths being used in the right way? Where do I want to be? Pursuing our passions will [lead to insights](https://www.financedigest.com/flooded-battery-to-remain-top-choice-across-industries-accounting-for-49-0-of-lead-acid-battery-sales-in-2021-future-market-insights.html "Flooded Battery to Remain Top Choice across Industries, Accounting for 49.0% of Lead Acid Battery Sales in 2021: Future Market Insights") into what our impact and purpose can be in a much wider context. This exciting entrepreneur movement, following The Great Resignation, has shown that so many people [across the globe](https://www.financedigest.com/germany-u-s-agree-to-new-covid-curbs-as-omicron-spreads-across-globe.html "Germany, U.S. agree to new COVID curbs as Omicron spreads across globe") have experienced that shift in mindset.  They are re-evaluating their [lives and purpose and will lead the way](https://www.financedigest.com/redefining-renting-tipi-launches-the-best-way-to-live-in-london.html "REDEFINING RENTING: TIPI LAUNCHES ‘THE BEST WAY TO LIVE IN LONDON’") for others seeking the same. [Turning the crisis into an opportunity means we can all be entrepreneurs](https://www.financedigest.com/entrepreneurs-worldwide-turn-their-focus-towards-doing-good.html "ENTREPRENEURS WORLDWIDE TURN THEIR FOCUS TOWARDS DOING GOOD") and shape the future for the better. --- This blog is powered by Superblog. Visit https://superblog.ai to know more. ---