The one-person business is on the rise in 19 countries, according to a new global report.
Among 32 economies that were surveyed about this in the Global Entrepreneurship Monitor from 2019 to 2022, there was an uptick in 19 countries in the percentage of people who were starting or running a new business but did not expect to add anyone to payroll within five years.
Leaders of this solopreneur trend, most prevalent in Europe but also taking place in other countries, were the Slovak Republic (up from 40% in 2019 to 71% in 2022), Germany (up from 41% to 69%) and Oman (up from 48% to 71%)