By Euro Weekly News Media • 18 June 2015 • 11:02
GOING IT ALONE: Many more women are setting up small businesses.
THE entrepreneurial world has long been dictated by men, but according to a study by the University of Cambridge it appears women are gaining ground. Females are also more likely than men to be thinking about expanding their business in the next three years. Women playing a bigger role in small businesses is no longer big news and according to agencies that help launch small businesses, female-run ones are booming, with one agency reporting that their female clientele had jumped from 10 per cent to 25 per cent in the past few years. Even so many women still hold back when it comes to following the dream of starting their own business. Some believe this may have something to do with opinion that has surrounded the idea of women in business in the past. Some female business-owners say people are often surprised that they alone run a business. Others assume that a female-run business must be some kind of arts and crafts workshop operating out of a garage, instead of a company that posts impressive annual revenues. Women in general don’t have enough role models when it comes to entrepreneurship. There are a lot more famous male entrepreneurs, and this can have the effect of reinforcing the myth that women just aren’t as entrepreneurial as men. It is often imagined that becoming an entrepreneur means giving up your personal life. This can be daunting, especially if added to the pressure of the role women may have to play as a mother too. But many female entrepreneurs dispute this and say that leaving the corporate world to work alone actually offers a great opportunity to achieve a better work-life balance. So, girls, if you want to branch out on your own, go for it!
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