Main Attraction

What draws women to entrepreneurship?

Inquiring minds want to know--why are so many women starting their own businesses?

It's probably not for the reason you think. A new study reveals an unexpected motivation, as glass-ceiling issues no longer take center stage. It seems women today--like so many men in the past--are simply inspired by the idea of entrepreneurship.

These and other entrepreneurial motivations are highlighted in Paths to Entrepreneurship, a study by three women's organizations: the National Foundation for Women Business Owners (NFWBO), Catalyst, and The Committee of 200. Conducted last year, the study polled a random sample of 800 male and female business owners nationwide.

The findings indicate that when it comes to launching their own businesses, most women are lured by an entrepreneurial idea (35 percent). Surprisingly, only 22 percent of respondents cited the glass-ceiling issue.

Fifty-eight percent of women with private-sector experience insisted that the corporate world could never lure them back from their entrepreneurial ventures. "Women feel they can do for themselves better than what they were doing for their employers," says Mary Mattis of Catalyst. "[They know] they can work smarter."

Page 1 2 Next »

Like this article? Get this issue right now on iPad, Nook or Kindle Fire.

This article was originally published in the August 1998 print edition of Entrepreneur with the headline: Main Attraction.

Loading the player ...

This New Orleans Start Up Is Turning The Tables On The Restaurant Industry

Ads by Google

Share Your Thoughts

Most Shared Stories

1
15 Signs You're an Entrepreneur
2
Want Media Attention? Target Trades First
3
Is It That Important to Be Nice?
4
Limor Fried: Pink Hair, Managing Growth and Keeping It Real
5
The 80/20 Rule and How to Supercharge Your Sales and Marketing