Opinions expressed by Entrepreneur contributors are their very own.
Regardless of the difficulties stemming from the present disaster — or maybe due to them — 2020 noticed a big enhance within the variety of new enterprise purposes. In 2020, almost 4.5 million companies utilized to open their doorways for the primary time. That represents a 24.3 % enhance from the prior 12 months, in line with NerdWallet.
Why the explosion? Though entrepreneurs usually do see alternatives in difficult environments, the wealth supervisor in me is guessing they had been additionally going after one thing else in the course of the making an attempt instances of the pandemic: a number of revenue streams.
