How To Start & Grow Your Business

Female Entrepreneurship May Lead to Health and Happiness

From the Editor's Desk
Jan 21st, 2015
  • Estimated reading time: 2 min read
  • Hummy's
    Highlights

    1Study shows female entrepreneurs are more fulfilled. 2Women reported liking their work and having a purpose. 3They face more challenges, but also may be happier.
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Entrepreneurs

Startups-Woman owner opening a new retail store Photo Credit: Andresr Shutterstock

It can be discouraging to look at the recent studies on women leaving the IT industry permanently in disproportionate numbers, bringing a renewed spotlight on systemic barriers to women in business that even today persist in male-dominated workplace cultures.

While these are troubling statistics, when it comes to happiness and well-being, recent studies show that women have the upper hand, as reported by Carolyn Gregoire on Huffington Post.

In an article titled, “The Advantage Of Being A Female Entrepreneur”, Gregoire says that according to data from the Gallup-Healthways Well-Being Index, in the US women entrepreneurs enjoy “a greater sense of purpose than the average worker (51 percent vs. 44 percent), which contributes to greater fulfillment from their work and lives.”

The research shows that female entrepreneurs are particularly fired up by a strong internal sense of purpose that drives them. 

Fifty-six percent of female entrepreneurs say they have a strong sense of purpose, compared to 47 percent of male entrepreneurs, 48 percent of non-entrepreneurial female workers, and 41 percent of non-entrepreneurial male workers,” Gregoire writes.

The women studied also ranked higher on physical well-being than both male entrepreneurs and females who are not entrepreneurs.

Young businesswoman talks on mobile phone, outside office building

Gallup mentioned in a press release that the results of the study are not limited to any particular age, race or socioeconomic demographics, but that the entrepreneurs are highly motivated, goal oriented and genuinely enjoy their work.

It is not clear from the article why the female entrepreneurs might have greater happiness and well-being. Perhaps the women who have the grit to “go for it” anyway—despite the obstacles—derive joy from their accomplishments, or it could be that they were happier, more confident individuals to begin with.

To be sure, women face a number of challenges in starting businesses—including work-life balance concerns, fear of failure, and lack of female role models in business—but they still seem to be happier than their male and non-entrepreneurial counterparts,” the article concludes.

To read the original article in its entirety, please visit Huffington Post.

About the Author

From the Editor's Desk

This article was written by a bizHUMM Staff Writer. We aim to provide practical tips that help solve your burning small business questions. If you have any suggestions or ideas for articles, please email them to: editor@bizhumm.com