NEWS AND INSIGHTS UPDATE:
Did you know that 70% of successful entrepreneurs were employed by someone else before they started their own businesses, and one of the main reasons they became entrepreneurs was to stop working for other people? As Tomas Chamorro-Premuzic explains in The Harvard Business Review, polls show that most employees are unhappy at work and most bosses are intolerable.
As Tomas reports, we can thank those bad bosses and their poor leadership skills for many of the best startups in history that have successfully created new jobs and attracted the best talent year after year.
Furthermore, entrepreneurship opens the door to women. Tomas writes:
“Unlike in corporate management, there is no glass ceiling in a company you start yourself, which is why female entrepreneurs are flourishing. In the U.S, their companies account for over $3 trillion of GDP (for the sake of comparison, that’s 40% of China’s entire GDP). Many of these businesses are led by women who would probably not have been considered for the top leadership position by their previous employers.”
Get the Details: How Bad Leadership Spurs Entrepreneurship via blogs.hbr.org