Congratulations on being a woman business owner, which is one of the fastest-growing sectors of the US and in fact, the world. With news of growing inequality and unequal pay many businesswomen have decided to hang their shingle and go off on their own, after all, why should gender be the factor for making or breaking a person’s career? If you have ever thought seriously about starting up your own business here are ten reasons why it absolutely rocks to be a woman business owner.
1. Set Your Own Schedule
The most empowering thing of taking the self made path rather than the well trod one is that you get to set your own daily schedule. While having the structure and familiarity of a set number of hours is good for some women, there are many others who thrive when they are able to work according to their biological clock. This has been made even easier with the emergence of technology such as smart phones and tablets that can be used to interact with clients from virtually anywhere, and at any time. So, rather than marking time, being an woman entrepreneur means you get to make the most of every minute.
2. It’s the Best Time to Work from Home
According to Forbes nearly 50% of the workforce are going to be made up of freelancers by the year 2020. Apart from that, there are plenty of reasons why you should consider embracing the trend of freelancing. Rather than marking time, you get to make the most of every minute.
3. Enhance Your Financial Security
Apart from bolstering your income, building your own brand is a great way of expressing yourself, while you are able to maintain your financial security. It’s no secret that the economy is in flux and the workplace is changing constantly with the rise of automation changing entire industries forever. That being said, the same automation technology is also opening up new opportunities, especially for women, making it easier for women to be a brand and start their own startup.
4. Create Your Own Job
If you are unable to find the job you are looking for, why not create your own job. There are many examples of how women have started a new adventure in less than a day. All you will need is some gumption, an internet connection and loads of imagination. This also goes for long term job seekers as well, or mature women who are thinking of returning back to the workforce after a long gap.
5. Tax Breaks
Many governments encourage budding business owners by offering them attractive tax cuts so that they can write off expenses that are legitimate. This also includes, equipment, transportation, rent, training, supplies, and other disbursements that a person may need to run a company.
6. Being Your Own Boss
By far, the best reason of having your own business is that you get to be your own boss, whether its dealing with finances or setting your working hours. Since some managers can be unsupportive and even immature at times, the decision of being your own boss cannot only be incredibly liberating, but amazingly satisfying at an emotional level. So, if you’re feeling uncomfortable at work and believe that you’d make a far better boss than your current supervisor, maybe your instincts are true and it is time that you considered starting up your own business.
7. Set an Example for Your Kids
If you have kids of your own then you will find that they learn better from the examples that you set. When it comes to home based businesses, your kids get to have a front row seat to your everyday dealings and see firsthand how you react and deal with different challenges on a daily basis. By simply seeing you work you can help you kids develop that fuel for success that will help them later on in life. That being said, starting up your own business is certainly not for the faint of heart since all entrepreneurial ventures have a way of putting one’s mettle to the test.
8. Dealing with Glass Ceilings
While working for somebody else or an organization dealing with the glass ceiling becomes an issue. But, being in control of your own company means that there is no glass ceiling to deal with and no set of company policies that you have to follow, apart from your own. In other words, not having a glass ceiling means that you get to accomplish much more than you would working for an organization. And the best part is that there are no barriers for growing your business further by creating your own opportunities.
9. Double Your Income
The truth is that women who are business owners are quietly amassing a huge amount of wealth at a much faster pace than those who are working for someone else or an organization. In fact, the household income of women business owners is almost 60% higher than that of those women who are full time workers. This is an added bonus of working in your own business, since you get to have control of the hours in which you work along with the workload and the rates, which gives you direct control over your income.
10. Bragging Rights
And last, but certainly not the least, you get bragging rights. So, whenever somebody asks you at a party, “What do you do?” you get to tell them one of the most fulfilling answers there is. That you are the owner of your own company. Didn’t that feel good? While it will certainly take a lot of initiative and bravery on your part to step into the unknown without being sure of what to expect, but having the right attitudes and a lot of hard work will get you the results that you are looking for. Besides that, it will give people a sense of respect for what they do. Since today’s marketplace is wide open for women, the possibilities are endless.