Last quarter, 1.2 million entrepreneurs officially started new businesses. A lot of new founders, sure, but down from the 1.4 million who started businesses during the same quarter of 2021. On the flip side, small business acquisitions increased by 14% year over year.
It’s relatively easy to assume a leadership position as an internal candidate. You already know the people. You already know the system. You know how to do at least some of the work performed by the people you now lead, a major advantage since, as the researchers of one study write, “If your boss could do your job,
