1. To get props you deserve
You probably have heard about the gender gap in wages periodically discussed by media. However, few people know that women struggle with climbing a corporate career ladder because they are not promoted as quickly as men. An insightful study in Harvard Business Review decided to check the theory about the difference between female and male promotion. The study revealed that women and men who performed equally at a workplace and showed the same rates of efficiency were still less promoted. The study resulted that slow promotion increase was due to the way women were treated at the workplace. According to research by LeanIn.Org and McKinsey & Co., women are 15% less favorable to advance their careers than men. Hence, more women tend to become entrepreneurs to exclude gender inequality in business.
2. To earn more money
There is no doubt that women can create an impeccable career in the corporate world. We can see quite bright examples of female entrepreneurs like Sheryl Sandberg, COO of Facebook or Mary Barra, CEO of General Motors, who achieved tremendous acknowledgment and success for working at giant companies. However, it is not that easy to play by someone’s rules and put yourself in a position where you can make a fortune. On top of that, a lot of women face with the slow process of wealth accumulation at their jobs that consequently brings dissatisfaction and, also, an urge to take your career on a new level.
– Sue Bryce, the owner of photography business courses.
3. To be independent
There are certain perks to be an employee in a company. You don’t worry about the source of profit that will pay your workers off, you don’t ask yourself questions on how to excel your business and make it more prosperous. You just carry out some tasks and return to your stable 9-to-5 workplace the next morning. For some people, such routine works perfectly, but the truth is every job comes with uncertainty. You are not insured against company reorganization that may lead to a layoff or other corporate changes. Meanwhile, being an entrepreneur means that you call the shots and control all business activities. You may face a lot of challenges in business, but at the end of the day, you pay the checks and set your own rules.
4. To realize your potential
How many no’s did your supervisor say to your ideas during the morning pitching? How many reasons did your boss have to decline your promotion? There will always be an impressive number of doors that someone in charge will close for you. Thus, instead of letting others write your narrative, you can create an inspirational environment for making your dream into reality. Meanwhile, women in business have the whip hand over their self-realization.
5. To inspire other women
When it comes to blazing a trail in the business world, we immediately think of visionaries like Mark Zuckerberg, Bill Gates or Elon Musk. These people portray an innovative, different way of thinking, as well as new business opportunities. Although, it’s quite hard for aspiring women to relate to the aforementioned founders when the gender inequality index makes up 49,2% of loss in human development. That’s why we need to have more examples of female entrepreneurs who clearly show that the world is your oyster, and you can do whatever you want, successfully.
The future is female
start now, here is your special sign, you have been waiting for.
Women have impressive reasons to start a business and inspire others to believe in their entrepreneurial abilities. When we think of changing the world, the only way to do it should be in following your dreams. If one of your goals is to become an entrepreneur, you are on the right track to make a difference.