Private biz loans (10% of men, 9% of women).Personal savings (61% of men, 66% of women used this source).Gusto polled men and women business owners about funding sources.

I'm curious if your experience lines up with data. Question: if you started or scaled your business last year. Second episode with a Harvard Professor went live today, where we speak all about creating legacy through messaging, Elon Musk, and much more.

The narrative is the bedrock of all our experiences, either in our professional or personal lives. I deeply believe that everything is driven and impacted by the narrative, the one you're creating yourself or let others assign it to you. Sanchez! ✨ I'm one of them ❤️ Just launched a podcast, The Narrative, a few weeks ago, where I am having conversations with thought leaders, experts and people who I know have so much value to give around an array of topics with a goal to learn and grow through the power of communication.Ī lot of work that I do (I'm in strategic communications, represented Elon Musk in Twitter acquisition, Toshiba, Valvoline, among many ithers) is about creating, shaping, and changing the narrative. Love this trend.Īny ladies start a biz this year? Brag in the comments 👇 I wanna hear why you started and how it’s going!Īnd thanks to Gusto for pulling it all together → #ad #sponsoredĪmazing to see, Codie A. In 2022: 64% of women said they became entrepreneurs for more flexibility. Stay-at-home mom + badass business owner at the same time. People started seeing business ownership as a more stable financial option than employment.īy 2021: 28% of women with school-age kids said they started their business in response to increased childcare responsibilities. In 2020: 32% of women said they started their biz due to being laid off.

Love to see around half of all new business owners as women, given. And that number's stayed pretty consistent the last few years. In 2019, only 29% of new business owners were women, but by 2020, 47% were women. Turns out, a large percentage of women became entrepreneurs. Remember 'The Great Resignation' of 2020-2022?

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