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For example, in some high-poverty sub-Saharan African countries, as many as two out of three adults operate or are in the process of starting their own business. Such smallbusinesses are arguably the backbone of many developing economies, where over 50% of the population can be in poverty. These often attract criticism.
I’ve recently started trying to learn the ropes at my dad’s smallbusiness. He has an office manager who runs the day to day business. My father depends on her totally to run the office, dispatch employees, and handle all bookkeeping. He is getting older and works less and less. with a one-hour lunch.
I’m going to bet this is linked to the excessively rigid hiring practices that you often see in government, where they have weird ideas about what constitutes a fair shake. I’ve been working as a personal/administrative assistant for a small-business owner since 2011. I track my own hours and invoice her business.
Now, imagine you’re the book’s heroine, Dagny Taggart, the world’s best hope against the descending dark age, where productive members of society are drained by leeches who control the levers of government and law. So why do 90% of smallbusinesses fail in the first few years?
Lockdown has been beyond awful for my mental health and I’m struggling to do much more than curl up in bed cuddling my cats most days, so I’m really looking forward to a change, even if it’s not in a field I’d want to stay in.
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