{"id":47041,"date":"2023-10-20T15:52:12","date_gmt":"2023-10-20T15:52:12","guid":{"rendered":"http:\/\/startupsmart.test\/2023\/10\/20\/flexibility-focused-females-launching-twice-as-many-start-ups-as-men-report-startupsmart\/"},"modified":"2023-10-20T15:52:12","modified_gmt":"2023-10-20T15:52:12","slug":"flexibility-focused-females-launching-twice-as-many-start-ups-as-men-report-startupsmart","status":"publish","type":"post","link":"https:\/\/www.startupsmart.com.au\/uncategorized\/flexibility-focused-females-launching-twice-as-many-start-ups-as-men-report-startupsmart\/","title":{"rendered":"Flexibility-focused females launching twice as many start-ups as men: Report – StartupSmart"},"content":{"rendered":"

Female entrepreneurs launched almost twice as many new firms in the past 12 months as their male counterparts, according to a new report, as more women seek to strike a balance between work and motherhood. <\/span><\/p>\n

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A report by Bankwest, using data from the Australian Bureau of Statistics, shows there were 42,000 more start-ups in 2010 than there were in 2009 and the growth rate for women running a business was 4.8%, almost double the growth rate for men (2.6%).<\/p>\n

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Over a five year period, the growth rates for women (7.0%) are more than triple that of men (1.9%).<\/p>\n

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The report\u2019s author, Bankwest senior analyst Tim Crawford, says women are inclined to run a particular kind of business for a specific reason.<\/p>\n

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\u201cOne of the real trends that came out of the report was stronger growth in the number of women running their own business… particularly the growth in women running a small business by themselves, often part-time at first, while raising children,\u201d Crawford says.<\/p>\n

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Peter Strong, executive director of the Council of Small Business of Australia, says women are more motivated to start-up a business than men, not for the financial gain but for the flexibility.<\/p>\n

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\u201cThey\u2019re in business because they want to be in charge of themselves. They don\u2019t want to answer to someone else,\u201d he says.<\/p>\n

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\u201cContrary to popular belief, you don\u2019t start a business in pursuit of money; you become a merchant banker for the money,\u201d Strong says.<\/p>\n

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\u201cMost people start a business for the lifestyle and the flexibility it allows \u2013 they want to be in charge of what they\u2019re doing.\u201d<\/p>\n

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Nikki Parkinson, founder of home-based business Styling You, says running her own business allows her far more flexibility than a paid employee role.<\/p>\n

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\u201cI have three children and, at that time when I decided to make the leap [and start my business], it was crucial that I have a position that would allow me to drop everything,\u201d she says.<\/p>\n

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\u201cObviously when you\u2019re running a business you can\u2019t drop everything<\/i> but if I have to do something for the kids, I\u2019m just not available at that time.\u201d<\/p>\n

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Strong says a lot of women who start their own business come from corporate backgrounds, but they become less interested in climbing the corporate ladder after having children.<\/p>\n

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However, he says women should be wary of starting a business primarily for lifestyle reasons because they often find themselves working more than they did in their former role.<\/p>\n

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Mandi Gunsberger, founder of online business Babyology, juggles her workload and her two young children.<\/p>\n

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\u201cIt\u2019s the old story \u2013 you have a baby and you don\u2019t want to go back to the full-time corporate world,\u201d she says.<\/p>\n

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\u201cI started it when I had a nine-month-old and was pregnant with another one, so I had them back to back, and it\u2019s been busy ever since\u2026 The hours are very, very long as it\u2019s generally not a nine-to-five job.\u201d<\/p>\n

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\u201cI run the website from home, and every night from 8pm until 11pm is when I work on Babyology.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Female entrepreneurs launched almost twice as many new firms in the past 12 months as their male counterparts, according to<\/p>\n","protected":false},"author":2,"featured_media":62890,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,28,1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts\/47041"}],"collection":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/comments?post=47041"}],"version-history":[{"count":0,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts\/47041\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/media\/62890"}],"wp:attachment":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/media?parent=47041"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/categories?post=47041"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/tags?post=47041"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}