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Being the year 2013, there are currently more female entrepreneurs then there ever have been before.  I find it so empowering to learn about new businesses almost on a daily basis that are lead and run by women.  There tend to be some challenges that face women that run their own businesses that are different than the challenges that men face.  Some of these challenges include: balancing work life and personnel life and allowing other’s to do the work, instead of doing it all themselves.

According to a survey conducted by the National Life Insurance Company, four out of ten employees state that their jobs are "very" or "extremely" stressful.  Those in high-stress jobs are three times more likely than others to suffer from stress-related medical conditions and are twice as likely to quit. The study states that women, in particular, report stress related to the conflict between work and family.

In the study, Work-Family Spillover and Daily Reports of Work and Family Stress in the Adult Labor Force, researchers found that with an increased amount of negative spillover from work to family, the likelihood of reporting stress within the family increased by 74%, and with an increased amount of negative spillover from family to work the likelihood to report stress felt at work increased by 47%.  This illustrates that those who are experiencing stress that has spilled over from work to family are more than likely to report feeling stress related to their family. Also, those who feel stress that has spilled over from their family into their work, almost half were likely to feel stress when they were at work

In some ways this can tie in to the above about managing work and personal time, but some women business owners like to do everything on their own and have a hard time handing tasks off to others.  This may be do to the fact that they may not trust that the project will get done correctly, or the right way, or fast enough, etc.  There could be a million reasons.  Part of this also has to do with smaller business being created and women working from home.

According to Forbes.com, women have been starting businesses at a higher rate than men for the last 20 years and tend to create home-based micro (less than 5 employees) and small businesses. Women will create over half of the 9.72 million new small business jobs that are expected to be created by 2018 and more and more are doing this from home offices across the country. It’s a surprising statistic, especially considering that women-owned businesses only created 16 percent of total U.S. jobs that existed in 2010.

Even though women have the tendency to do everything on their own and not hand it off, it would be of great benefit to hire at least 1 or 2 people for part time help.

Natalie MacNeil, of Forbes.com states that, “there are female-focused incubators and events like the ones offered by Women 2.0 and Ladies Who Launch that help women entrepreneurs to build out networks, gain confidence, and learn from successful women.  It is essential for women to help each other grow and edify the next generation of women leaders but I’ve also experienced the value of working with both male and female advisors and mentors. Learning from successful entrepreneurs with different perspectives and experiences help you become a more dynamic and agile business owner.”

So take into consideration these things if you are thinking about starting your own business and know that there are resources out there that can help you along the way.

Author Bio
Raquel Baldelomar founded Quaintise in 2003 when she discovered there was a lack of strategic and creative brand strategy, advertising, and public relations firms specializing in healthcare marketing.  In a very short time, her international business experience, leadership, and vision have propelled the agency to the top of the industry for healthcare marketing. 

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