Friday 18 July 2014

5 Facts About Women Entrepreneurs That Will Surprise You

Think you need to be young, brilliant and loaded to start your own abundant work-from-anywhere Internet business? Think again…

5 Facts About Women Entrepreneurs That Will Surprise You
“Courage doesn’t always roar. Sometimes courage is the quiet voice at the end of the day saying, 
“I will try again tomorrow.” ~Mary Anne Radmacher
I meet a lot of women who tell me they’ve often thought about starting their own Internet businesses, but they tell me:

  • “I think I’m a little too old to get started now.”
  • “I have zero start-up money.”
  • “I’m married / have kids and I’m just too busy.”
  • “I don’t have any marketing skills.”

I understand where some of these self-limiting beliefs come from.
It probably has a lot to do with all of the stories we hear in the media about young up-and-coming entrepreneurs who came from out of nowhere to hit it big with their first business.
Take Dani Johnson for example, the motivational speaker and success coach who went from broke, homeless and living out of her car to making her first million at age 23.
Or Mark Zuckerberg, the CEO and Founder of Facebook.
At 19 years old, this guy had no car, no house, and no job. And still, he managed to secure $12.7 million in venture capital to finance his idea for a new social networking site that since pulled several billion in revenue last year (Not bad for a 26-year-old college dropout, right?)
When you hear about success stories like these, it’s easy to adopt the view that you need to be barely out of puberty, brilliant and loaded with start-up cash in order to be successful in starting your own business.
But this couldn’t be further from the truth.
These success stories are amazing and wonderful and inspiring…
But the fact is there are millions of women entrepreneurs out there running successful businesses that they started later in life while juggling families and day jobs.
The proof is a recent study from the Kauffman Foundation for Entrepreneurship that revealed some really interesting statistics about women entrepreneurs – including average age, background, and motivation – that I think may surprise you. 
The study is called “The Anatomy of an Entrepreneur” and it’s based on a survey of company founders across a range of different industries.
Here are the five most interesting takeaways from the report:
1.  Average age of women starting their own business: 40
2.  Less than 1% came from extremely rich or extremely poor backgrounds
4.  70% were married when they launched their first business
5.  60% had at least one child when they launched their first business (44% had two or more children)
6.  75% worked as employees for other companies for more than six years before launching their own business
This study is proof positive that you don’t need to be in your twenties with tons of start-up dough, a nanny and a private chef to succeed with launching your own passion-based Internet business.
Here’s why:
Not having a lot of start-up money forces you to get creative and only focus on the ideas and strategies that count.
If you have a family, chances are you’re already adept at the art of balancing priorities… which is an enormously HUGE skill to have when it comes to running your own Internet business.
And if you’re a little older and wiser, you can take advantage of your life experiences to form key relationships that will propel your biz forward at warp speed.
If you’ve been letting your age or family commitments hold you back from starting your own Internet business or hitting your existing one out of the park…
Consider letting go of those self-limiting beliefs and focus instead on leveraging your strengths.
Set your course, follow your passions and persevere and the rewards will come!

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