5 Reasons Women Are Choosing Entrepreneurship

5 Reasons Women Are Choosing Entrepreneurship

The Year of the Woman Entrepreneur is the prominent theme of 2013. The entire world is taking notice of the increase of women business owners and their impact on the global economy. Women owned businesses account for over 50% of businesses in the U.S. and the numbers are steadily increasing as more women are taking control of their future. The big question surrounding the skyrocketing growth of women entrepreneurs is why?
Listed are the top five reasons women are choosing to start a business.
Flexible work schedule
Working a 9-5 job typically equivocates to sitting at a desk or being confined to a work area for eight or more hours a day, five days a week. Even those who enjoy their job find some days difficult when life doesn’t fit neatly into a box. The search for a better work-life balance leads many women to business ownership.
More creative environment
You don’t have to be an artist, writer or designer to crave creativity in your professional life. Humans are innately born with the desire to create. Visual and intellectual creativity can be self-fulfilling and aid in overall career happiness.
Spend more time with family
Women who are balancing a family and career are often faced with the difficult task of not having enough time for both. Many actually feel guilty for not spending enough time at home. In a study conducted by Campus Explorer, 40% of working women are mothers of children below 18 years old. Of those working mothers, 52% think that part-time work is the best situation for their children. Yet many women cannot financially afford to work part-time or can’t find the right opportunity for them so they are choosing entrepreneurship to meet financial and personal needs.

*Moms in the Workforce infographic provided by infographicsarchive.com.

Opportunity to help others
Women are often drawn to opportunities that will allow them to do something that will help others and themselves at the same time. Finding a traditional career that will allow you to have a direct impact on the local community can be hard. By opening a business, many have found they are able to do something that they can feel good about and thrive financially.
Maximize income potential
Women have become increasingly important to family finances. An average of 55% of American working women earn half or more of their household income. Climbing the corporate ladder comes with many hurdles including education level, years of experience and company policies that often limit earning potential. To make more money, women are busting through the glass ceiling by starting their own businesses!
Are you thinking of starting your own business? What motivates you to become your own boss?



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