5 Reasons for a Woman to Become an Entrepreneur

5 Reasons for a Woman to Become an Entrepreneur
Only 15% of startup founders are women. This fact is striking! The good news is – the number of female entrepreneurs worldwide is constantly growing. More and more women are turning to entrepreneurship, jumping from their stable 9 to 5 jobs into complete insecurity. As a female founder, you set up your own terms and finally start charging what you are worth. As a founder, you can have it all – no compromise between family or personal life and career. No wonder, more women find entrepreneurship more attractive than a traditional career path. Here are the top 5 reasons why ALSO YOU shall stop dreaming as start doing.

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.

After 13 years of mastering my craft in photography, I was still an employee and simply had reached a ceiling of how much money I could earn in my career.

– 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.

Because, you are worth it!

Related Articles

How to Prevent Burnout And Take Care of Yourself As An Entrepreneur? Power Talk & Network with Gitanjali More

Unlock the secrets to preventing burnout and nurturing your well-being as an entrepreneur with exclusive insights from our online meeting with Gitanjali More. In this engaging event, Gitanjali, a renowned entrepreneur and wellness advocate, shares invaluable strategies to prioritize self-care while juggling the demands of running a business. Gain practical tips, personalized routines, and effective stress management techniques tailored specifically for entrepreneurs. Join us as we delve into the world of work-life balance and discover how to thrive both personally and professionally. Don't miss this opportunity to revolutionize your approach to entrepreneurship and embrace a healthier, more fulfilling journey!

This content is for Membership - Billed Annually, Membership - Billed Monthly, and Membership - Community Only members only.
Log In Register

Marketing Automation for Your Business Growth with Sarah Seyr

This speech is about marketing automation and how to build an effective marketing strategy. The speaker highlights the importance of having a business case in place to justify the budget for buying traffic, as well as the need to continuously provide value to customers at each step of the sales funnel. The talk also emphasizes the need for human involvement in the marketing process, in order to effectively track and plan marketing activities.

This content is for Membership - Billed Annually, Membership - Billed Monthly, and Membership - Community Only members only.
Log In Register

6 Steps to Owning Your Niche

Think of a bag. When you own it, you feel secure knowing that it’s yours and that you can utilise it in a way that feels best for you. You have the confidence to know it’s not borrowed, stolen or rented. You must still be careful with it, but it’s not a worry.
It’s the same when it comes to your business niche. Ownership prevents us from fearing a saturated market.

5 Elements of Courageous Conscious Leadership by Violetta Pleshakova

In this talk the speaker discusses leadership and the qualities that make a successful leader, such as courage and mindfulness. Courageous conscious leadership is defined as a way of showing up that is driven by higher purpose and that cares holistically for everyone involved. Violetta emphasizes the importance of living with purpose and aligning one's values with one's behaviors. She advises entrepreneurs to prioritize their message and purpose rather than rushing to achieve success.

This content is for Membership - Billed Annually, Membership - Billed Monthly, and Membership - Community Only members only.
Log In Register

Responses

Sign up for our newsletter and get 10% off.