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6 Reasons Why More Women Are Turning To Entrepreneurship

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There are a lot of challenges that women are facing in the modern world. And it gets doubled when they try to break through the glass ceiling of male-centric stereotypes in the workplace. But you should know that you can’t achieve greatness with a small mind, and getting into an entrepreneurship journey is extremely rewarding.

Nowadays, women are taking the courage to excel and become the masters of this art. Recent studies show that more than 63% of women entrepreneurs are dependent on their business as their primary revenue source. This challenges the old stereotype that women only run lifestyle businesses for supplemental income, rather than as a primary source of income. Instead, today’s women are breaking this stereotype, and becoming good at it. 

It’s no surprise that more and more women are becoming more attracted to entrepreneurship, compared to traditional career paths. Here are some of the reasons why women are turning their dreams into reality.

1. To get what they deserve

You might have heard about the pay gap that women are facing today, and their struggle to climb the corporate career ladder whilst lesser qualified men seemingly ‘float’ their way up with less effort. Recent statistics show that women are 20% less likely to be promoted in their careers as compared to men, even with equal rates of work efficiency and task completion. The study suggests that the slow pace of promotion is increasing because of the way women are treated at the place of work. As a result, more and more women tend to turn to entrepreneurship to equalize gender inequality in the workplace. Essentially, they’re creating their own workplace.

“Stay on your game and keep going for your dreams. The world needs that special gift that only you have.”- Marie Forleo

2. To follow their passion and grow

It goes without saying that women are efficient and intelligent. They’re also known for their work ethic led by their heart that enables them to build, sustain and grow a high-performing team and business. Women possess some of the most vital traits required for growing a successful business, such as tenderness, affection and empathy. Entrepreneurs without these traits cannot attain wisdom and gain insight from different aspects required for creating a business. 

3. To be more independent and free

There are several benefits of working as an employee in an organization. You don’t have to think about the primary source of revenue that you have to pay your workforce. You don’t have to worry about asking yourself how to build a prosperous business. All you have to do is carry out the same task you have done in your 9-to-5 job every morning.

This comfort is suitable for some people, but the reality is every job comes with significant levels of uncertainty. You’re not necessarily safe in the event of a company’s reorganization that might lead to corporate changes or layoffs. On the other hand, being an entrepreneur gives you complete control over the activities of your business, and the flexibility to take the necessary steps required for growing your business. Though you might face many difficulties in running your business, in the end, you will pay the checks and create your own empire. 

4. To explore their true potential

Have you ever counted the number of times you’ve been shot down by a superior when you share your opinions during meetings? How many reasons did your superior give to decline your promotion? There are an incredible number of doors available for you that have been closed by someone in charge. 

Instead of letting someone write your destiny, you can develop an excellent environment for turning your dreams into reality. Entrepreneurs are able to realize their true potential and are able to excel in their life. In turn, women entrepreneurs can grow a business that makes a difference, and helps reduce gender inequality. Once you’ve reached a point where you can start hiring people to grow the business, you’ll become a leader and start having a direct impact in people’s lives.

5. To become a beacon of hope for other women

When it comes to staking a claim in the world of business, we may think about famous visionaries like Bill Gates, Mark Zuckerberg, Warren Buffett, or Elon musk. These people have portrayed a new and innovative way of thinking, as well as how to generate new business opportunities. 

It is quite challenging for inspired women to be successful as the aforementioned founders due to the gender inequality index. This indexing has led to a 49% loss in the development of human beings. This is the main reason why we need more female entrepreneurs, who embark their presence on the world, which shows you can do whatever you believe in. 

In 2011, around 14% of entrepreneurship was owned by women, which substantially increased to 20% in 2021, and that number is consistently increasing worldwide. More and more women are leaving their 9-to-5 job to work with complete insecurity. The best thing about being an entrepreneur is that you have the flexibility of creating your own rules and taking charge of what you deserve. Plus, you don’t have to worry about choosing between your career and your personal life or family. 

“We need to re-shape our own perception of how we view ourselves. We have to step up as women and take the lead.”- Beyonce

6. To earn according to their worth

It’s no surprise that women can build an incredible career in the corporate world. You can look at the bright examples of successful businesswomen like Mary Barra (the CEO of General Motors) and Sheryl Sandberg (the COO of Facebook), who attained tremendous success and acknowledgment for working in big companies and making huge impacts. 

It’s not an easy task to be played by someone else and so, put yourself in a situation where you can create a fortune with your work ethic. However, many women face problems in the pay gap at their workplace, which brings a great level of dissatisfaction and the urge to take their career to a whole new level.

Robin Singh is a passionate SEO Expert, writer of FindOnlineCourses. Writing helps him to improve his knowledge, skills & understanding about what is Emotional Intelligence. He loves writing & sharing his knowledge mostly. 

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Lessons We Can All Learn From Martin Luther King Jr.’s Leadership

While reflecting on the magnificent life of Dr. Martin Luther King Jr. I began to uncover what truly made Dr. King such a powerful leader

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While reflecting on the magnificent life of Dr. Martin Luther King Jr. I began to uncover what truly made Dr. King such a powerful leader. Many revere him for the change he brought forth so it’s no wonder that he was heavily influenced by the man who said, “Be the change you want to see in the world”. He embodied that statement on the deepest level and lead people through one of the most challenging yet historic times in our nation. 

But what was it that made Dr. King’s movement so different than the rest? A quality that transcends ego and unites a people so divided? 

My greatest and most moving discovery while studying the life of Dr. King was the very answer to our question. 

Yes, he had the personality to be a leader, yes he had the bravery to use his voice, yes he evoked REAL change in government and policies, but the manifestation of all those comes from his willingness to lead a movement truly rooted in consciousness. 

A peaceful approach

Dr. King was continuously met with frustration, hate, and even violence by both law enforcement and those who wanted to fight for equality through violence. But the more violent things became, the more he dug his heels into a peaceful approach. Dr. King’s unwavering faith in the power to lead with peace and not violence is undoubtedly why his legacy is such a pillar of our nation still to this day. It is easier to fight.

Hate, anger and separateness from one another are primitive emotions on the emotional scale of well being but It takes awareness, understanding and elevated consciousness to move from a place of peace and understanding. Dr. King knew that we all have access to these states of higher consciousness and that our true power lies in a peaceful approach.

He is an example of the truest essence of our consciousness in this human experience. How to truly love your neighbor as yourself. 

Conscious compassion

Even the strongest opponents are human. Meet hate with love + compassion for the enemy” he said. It wasn’t his resistance to violence that made him a peacemaker, but rather his commitment to keeping compassion and connection to all humanity at the forefront of his movement. A profound understanding that underneath all the hate, violence and discrimination, we are all one. We all come from the same source and we are all human.

A conscious king

A man of his position, his power, his following could have been easily swayed by the human temptations of the ego. But he remained steadfast in his cause to bring forth real change. He understood on the deepest level that we are truly a stronger force in the universe when we move as one unit, with one mind, and one goal. That the separation from one another is the weakness of humanity. That our strength is in those things that unite us all, the qualities that give us life.

His success was in uniting not just the people of America but the consciousness of America.

No matter our gender, or our social class or our color, we all love, and we all seek peace. We all feel joy and happiness, we all want to be met with compassion and understanding. 

His cause went far beyond the need for physical freedom and equal rights. His cause was for freedom of mind, freedom of heart, freedom to be one. 

Lead with love

In his last speech he said, “I may not get there with you, but we AS A PEOPLE will get to the promise land”. And we will. At some point, we will inevitably come back to this oneness that we all come from.

The truth is? We don’t know when our last day is. Our last march. Our last speech. So this Martin Luther King Jr. Day I ask you, what will your legacy be? Are you leading a life founded in the principles of Dr. King’s movement, founded in the higher consciousness of humanity? Every moment is an opportunity to love, to show compassion, to bring forth peace and in the words of Dr. King “The time is always right to do what is right”.

Dr. King said, “I’m here to remind you, we’ve come a longggg way, but there is still work to be done”. 

And I’m here to remind you this Martin Luther King Jr. day in 2024 that we HAVE come a longggg way, but there is still work to be done. 

His fight is our fight. His mind is our mind. His spirit is our spirit. Rooted in the consciousness of all humanity. We are all one. And when we embrace the understanding of that, we will truly say

“Free at Last, Free at Last, Thank God Almighty, We are Free at Last”.

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