The Coronavirus continues to overwhelm the global workforce, triggering never-before-seen employment waves across every industry. At the start of the pandemic, frantic searches flooded the internet, such as Unemployment During Coronavirus and Jobs Hiring During Coronavirus.
Today, in a major turn of events, the global workplace has experienced yet another unexpected shift. As the marketplace works to re-open, many individuals are now choosing not to go back to work after all.
What’s being called, “The Great Resignation”, is the latest online trend as a record-breaking number of employees are leaving their place of work to pursue something better – like starting their own businesses.
What is “The Great Resignation”
Talk on The Great Resignation began around March 2021 when Microsoft released their annual Work Trend Index. The report stated that 41% of the global workforce is likely to consider leaving their current place of employment within the next year.
Long and behold, just one month later, the US Bureau of Labor Statistics recorded that over four million American’s had up and quit their jobs. The phenomenon went viral after an associate professor at Texas A&M University coined the phrase “The Great Resignation is coming…” in an interview with Bloomberg Businessweek.
As predicted, resignation rates continue to climb. To this date, more than 7.6 million Americans have handed in their two-week notice.
Why Are People Saying “I Quit”
What’s currently taking place in the United States is a rather unique and curious situation. Many are questioning why employees are leaving their place of work, subsequently adding to the struggle to fill a record-high number of job openings throughout the country.
The answer is simple – when the economy fell, entrepreneurs rose to the occasion. Both new and established small business owners took advantage of the rising ecommerce era. And for them, there’s no going back!
The Rise of Entrepreneurship
The same virus that forced millions of hard-working individuals out of their jobs back in early 2020, has since encouraged a growing number of people to promote themselves from unemployed to CEO.
The aftermath of staying at home has no doubt been positive for those who spent their time learning something new, developing new skills, or pursuing enjoyable hobbies. Now, people want the chance to incorporate their new talents into their everyday lives.
For some, this meant starting a business of their own and following in the footsteps of the online business owners who inspired them.
Startup business activity increased by 24% in the United States, with a number of new businesses also popping up in countries including France, Japan, and the United Kingdom.
Everyday individuals are pursuing their passions and earning a passive income by doing so. Not to mention, enjoying the additional benefits of owning their own business.
How MemberPress is Fueling the Entrepreneurial Movement
MemberPress is the go-to solution for many new entrepreneurs looking to monetize their skills and expertise online. To continue the theme of this article, we too saw an increase in sales as our MemberPress customer base recently grew by more than 50%.
How exactly are entrepreneurs using MemberPress to start their online businesses? We are proud to say that earlier this year, MemberPress users have collectively earned over 1 billion US dollars simply by managing membership site subscriptions and building online courses.
Launch a Paid Membership Community
One of the easiest ways to earn a recurring income with an online business is to pair it with a membership site. A membership site is a gated part of your online business that holds exclusive content that only paid subscribers can access.
Starting a membership site can be a great way for existing small business owners, bloggers, or any type of content producers to generate income for doing what you already do on a daily basis. Except now, you can earn a steady paycheck from all the time, energy, and hard work you put into delivering content to your audience.
MemberPress is the most powerful membership site plugin available for WordPress, offering nearly every tool you need to run a profitable program. And, with our included third-party integrations, you have even more to choose from when it comes to payment gateways, page builders, email marketing tools, and more.
The best part is, our simple setup process will have your site up and running in five minutes or less!
Learn how to set up your membership site with MemberPress:
Build an Online Courses Business
Another popular way to make money with what you know is to turn your knowledge into an online course. As an online course creator, you can share your expertise by creating an online curriculum which students are willing to pay and learn from your content.
With our MemberPress Courses add-on, you get all the ease of use you expect from MemberPress, combined with powerful learning management system (LMS) features specifically designed to make online course building super simple.
Whether you want to boost your membership site or create an entirely new business, online courses are a great way to monetize your skills into a profitable business.
Learn how to build your online course curriculum with MemberPress Courses:
Start Your Online Business with MemberPress
Are you ready to start your online business? Join the tens of thousands of MemberPress users who get to live the entrepreneurial dream every single day.
Get started by picking the MemberPress plan that will work for you. View our plan options here.
For a Limited Time Only
This week only, when you purchase MemberPress, you’ll also get our Roadmap to Independence eBook for FREE! Learn everything there is to know about starting an online business and get exclusive insights on top MemberPress features.
Join the Great Resignation and Start Your Online Business with MemberPress Today!