Women Entrepreneurs Are Challenged During the Global Pandemic

In a recent four-part survey, the Babson’s Diana International Research Institute researched challenges women entrepreneurs face as a result of COVID-19. And, though the results trace a ripple effect of declining revenue for women-owned businesses to issues with work-life balance and support, research fellow Amanda Elam says a potential fix is simpler than it might appear.

Read on to see what it starts with.

Why Did You Start Your Business?

According to a new survey by PayPal, 55 percent of American women entrepreneurs said they started or want to start their own business to achieve work-life balance.

Do you agree?

I never started my business to have work-life balance.  I started it to have control over my destiny and to fully express myself.

Why did you start your business?

Read:  Most US Women Entrepreneurs Motivated by Work-Life Balance

Photo Credit: Mike "Dakinewavamon" Kline

Control Your Destiny

There's so much talk about work life balance choices and how it's nearly impossible for women to get ahead (break that glass ceiling) in Corporate America when they take time off to have a family.

I chose entrepreneurship because I wanted freedom, flexibility, a creative outlet without restrictions and total control over my destiny. Part of the control is to select the stress level I am willing to handle (if I must) and balance it with the positives in my life ... family, good health and a positive attitude.

Read what Jack Welch recently told the Society for Human Resource Management at its annual conference about why "There's no such thing as work-life balance." Why Jack is talking about this and not Suzy, I don't know.

Let's turn to you. Are you able to have work-life balance as an entrepreneur? Tell us about how you juggle running a business, managing a family and nurturing your happiness factor.