Over the past few years, startups have become exceedingly popular for many entrepreneurs. Research shows that in 2018 alone, every month, 543,000 new businesses were being opened. When a startup is running well, it can be a lucrative endeavor and has the potential to turn into something bigger.
Many small businesses show that employees stay with them for a minimum of 4 years, so it looks like they must be doing something right. Most notably, younger generations, such as Generation X and Y, are known to thrive in startups.