November 19th is officially proclaimed as Global Women’s Entrepreneurship Day (Yay!).
It’s a pretty big deal here in the United States, along with 143 other countries. If you are, by chance, in NYC this weekend, consider swinging by the United Nations or Athleta Union Square for some Women’s Entrepreneurship Day (#ChooseWomen) celebrations!
As a female entrepreneur, I’m pretty stoked about Women’s Entrepreneurship Day, as my entrepreneurial experience has been quite empowering. Not only did starting my own business help me achieve class mobility and higher education, but it also provided more freedom and resources for my family’s future.
This post is brought to you on behalf of the Forté Foundation. The content does not necessarily reflect the views of the Forté Foundation.
Until ten years ago, I had never actually met a professional woman – an educated female that made a living wage. Growing up in fundamentalism, I was raised in a culture that did not acknowledge gender equality and restricted women to very limited roles as wives and mothers. I had no idea what developing a career involved or even how to get started. The majority of my homeschool education had been focused on the domestic arts – childcare, cooking, cleaning, etc. – and neglected subjects like math, science, and finance (all the things you wouldn’t find in the job description for a housewife).
My junior year of college, I finally encountered a real-life professional woman – a visiting professor of biochemistry. She was confident, educated, and owned her own house. I knew I wanted to be just like her, but I had no idea how to get there.
Social media – an empowering platform or unnecessary evil? Depends on who you ask.
As a marketing consultant and millennial blogger, I spend a lot of time on social media. Posting, streaming, tweeting, and snapping my life, along with the curated content of my client’s, is broadcasted 24/7. The internet never sleeps, and given that my bread and butter is reliant on social media, I found it tempting to justify being “plugged in” around the clock.
Turns out, I’m not the only super “social” professional out there; recent studies show that Americans check their phones an average of 46 times a day and spend over two hours a day logged into a social media platform (some studies reported upwards of five hours a day). Constantly being plugged into social apps has been repeatedly linked with dangerous physical and mental health effects, including anxiety, depression, fatigue, headaches, insomnia, neck pain, poor posture, and vision problems. Continue Reading…
Confession: I’m a pretty tech-obsessed millennial.
Over the past few years, the digital world has emerged into a portal for me to realize exciting opportunities, expand my network, and connect with inspiring individuals around the globe.
Maintaining a fairly consistent presence on a variety of social apps, e-mail, and my blog has evolved as one of my favorite expressions; however, digital saturation can have its drawbacks – like when I start to think “in tweets” or am unable to sleep due to an obsessive tendency to monitor a well-performing Instagram post.
Left unchecked, the technological advances that make our lives easier can become major hindrances to our well-being.
Recent surveys show I’m not the only tech-dependent professional: a 2015 Deloitte survey revealed that the average American checks their phone 46 times a day. Continue Reading…
Guest Contributor: Philip Piletic
Freelancers have become the fastest-growing segment of the working population. In fact, it’s estimated that by the year 2020, they could represent up to 40% of the workforce.
Currently, over 53 million Americans, or 34% of the U.S. workforce, engages in some kind of freelance work. In Australia, according to a 2015 survey, an estimated 4.1 million workers were freelancing, and that number has continued to increase.
A recent article in The Guardian reported that a full third of all millennials are choosing to participate in some type of freelance work.
While millennials aren’t the only group embracing the newest form of entrepreneurialism, there are a number of reasons millennials are embracing it so enthusiastically. Continue Reading…
What images does that word conjure up in your always-busy mind?
A powerful business figure yelling out orders?
A frazzled corporate manager pulling 16 hour days?
A single parent/solopreneur slaving away at their side hustle all weekend?
Is that what being “productive” really is?
I used to think those destructive visions of “busyness” were the modern workforce’s definition of “productivity”, that was, until at age twenty-seven, I collapsed with searing chest pains, a numb left arm, and inability to breath. Continue Reading…
It’s that time of year again – flu season – and it’s taking out even the most determined of us.
As an entrepreneur, you may not have the luxury of simply “calling in sick” and sleeping through the rest of day like your employed counterparts. Instead, for many of us solopreneurs, the business goes on – with or without us.
I ended up succumbing to the dreaded flu, and you know what? My business wasn’t prepared. In fact, all h*ll broke loose. While I was in the process of diligently automating the majority of my operation, such undertakings were only halfway completed, and we were right in the middle of a new course launch and a book project. Eck. It was bad.
My flu experience brought to light many areas of my business operation that needed innovation, but it also presented the question: What’s an entrepreneur to do when they feel like sh*t and need to take a sick day? Continue Reading…
Millennials love, love, LOVE entrepreneurship.
Look at their heroes (Zuckerberg, anyone?), TV programming (Shark Tank, Flip or Flop, All -American Makers), and freelancing lifestyle (find me a millennial that doesn’t know what a 1099 is) – entrepreneurship is everywhere.
But don’t just take my word for it – the Kauffman Foundation reports that 54 percent of millennials either want to start a business or already have started one and the US Chamber of Commerce reported that over a quarter of millennials (27 percent) were already self-employed.
Millennials are turning out to be quite the entrepreneurial generation, as they seriously surpass their predecessors in the start-up arena. BNP Paribas Global reported Millennials have launched about twice as many businesses as boomers have—nearly eight companies each versus three to four for boomers.
A decade ago, millennials’ penchant for trailblazing was commendable – in the height of the Great Recession, it was either create your own job or join the ranks of the unemployed. Many millennials chose the route of entrepreneurship.
Today, the job market for millennials is (reportedly) improving, but many established companies are confused as to why millennial entrepreneurs won’t work for them. Continue Reading…
Guest Contributor – Veronica Hunt
Millennials are the most targeted audience with estimated $200 billion purchasing power in 2017. Naturally, it is the main reason why most of entrepreneurs strive to understand the psychology of these big spenders. Big companies generously fund Gen Y studies to be the first who get competitive data.
Of course, there are some myths that characterize millennials as the Me Me Me generation with narcissistic features and pocket-vibration syndrome. Being a millennial myself, I do regard such claims built more on stereotypes and formed bias than real facts. You have to understand the millennial’s mindset and not just focus on separate negative features every generation obtains.
So, being tired of all accusations about millennials’ laziness and disloyalty, I’ve decided to involve psychology and the most recent studies on Gen Y profile. Continue Reading…
On my own from a fairly early age, I’ve always prided myself in the ability to “out work” just about anyone.
Whether it was college sports, my doctoral exams, a coveted internship, or running my own business, I always worked long and hard.
Assessing the quality of my work and its effects on my health and well-being was not something I was accustomed to.
Maybe I lacked self-awareness.
Maybe I lacked understanding.
Maybe I just didn’t know any better.
For the past few years, I watched in awe as many of my entrepreneurial colleagues have let their office lease expire, converted their established business model to a virtual one, and packed their bags for an international excursion.
“Wow” I thought, “I could never do that.”
But I wanted to – bad. Continue Reading…