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Why Women Don't Want a Boss

Behold the power of being your own boss: You don’t’ have to explain why you want to work certain hours. You don’t have to your motives for choices you make. You get to decide who is on your team.

Does this sound good to you? Do you hate having a boss? 

There’s a new movement by women to own their own business and be their own boss. Margo Wolfe, only 24, caught a glimpse of what it was like to have a boss during a college internship. She decided she it wasn't for her. After graduating, she opened a gift basket business. Earlier this month, she opened a yogurt store and has about a dozen employees working for her.

 Margo

 

“I think entrepreneurship is the next professional frontier for women,”  says Julie Weeks, American Express OPEN Research Advisor and author of its State of Women-Owned Busiensses Report. In my Miami Herald column today I write about how men and women have completely different reasons for choosing the riskier path of starting a business over joining the corporate world. Read the full article by clicking here.

Jaime 

Of course, there’s downside in being your own boss. Jaime Bruce, mother of three, thought owning a toy shop would be fun. She is closing her shop and shared some lessons she learned during her 3 ½ years in business:

  • When staff calls in sick, you’re the one who has to run to the shop and cover the shift.
  • When your child is sick, you may need to bring them to work with you.
  • When the economy falters, you may need to cut staff and put in longer days.
  • Owning your own business may provide some flexibility but you will put in many, many hours.
  • You can’t always trust your employees
  • Advertising trends are evolving. It will take time and effort to keep up.
  • Even when you are not at your workplace, you will be thinking about your business.

What are your thoughts about being your own boss? Is it worth the huge responsibility and time demands that come with the title, business owner?

 

 

Comments

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Misty

Great article, Cindy! I started my business a few years ago when I was 26. One of my goals is to grow the business so that I can have flexibility in my schedule when it's time to start a family. However, as you pointed out, there are drawbacks. The responsibility is immense and therefore, I have a hard time disconnecting from work mentally. I would advise anyone interested in starting a business to first and foremost, be strong willed. Working for yourself is not for the faint of heart. You have to be willing to work a lot of hours and push yourself through the tough moments in order to be successful. There have been times when I picked up a part-time job to keep things going financially. At the same time, you have to balance your personal life or you will burn out very quickly. This only begins to touch on what it takes to work for yourself so it's important to weigh the options. Personally, I believe that it's worth it.

Cindy Goodman

Misty,

Thank you for your words of wisdom and sharing your experience. I too finding owning my own business is not for the faint of heart but is worth the effort. I would imagine having employees makes it even more challenging.

mrmonkey99@rocketmail.com

Hmmm....

Florida Business Brokers

Excellent article, I really enjoyed reading you post. We are seeing more and more women business owners in the market place some of which have been very suceesful. There are of course positives and negatives to business ownership and those need to be evaluated on an individual basis. The most successful business owners do somehow manage to effectively work "on" their business rather than "in" their business. Meaning they put in place the people and systems whereby the business will run successfully without totally consuming the business owner.

Cindy Goodman

It can be hard to let go and put those systems in place to keep business ownership from consuming you. Thanks for your great words of wisdom.

Society of Professional Locksmiths

More and more women are becoming locksmiths in order to have flexibilty and independence. Our oganization has seen a jump in female participation recently. Many are enjoying free flexible traning programs and the mentorship from peers. For the most part the "girls" are doing it better then the boys!

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