Christian Science Monitor: Female entrepreneurs and the 'lifestyle business'
Across the country, women now make up more than 40 percent of all entrepreneurs as well.
While the number of women choosing an entrepreneurial career path is approaching that of their male counterparts, the factors that motivate or drive female entrepreneurs are often quite different.
Erin Albert, who is both an entrepreneur and a teacher of entrepreneurs, explores the question of what motivates female entrepreneurs in her newly published book, Single. Women. Entrepreneurs.
"Women, especially Generations X and Y, want to make their business and personal lives and aspirations work more in harmony," Albert said. Because of this, they choose to limit the size of their businesses and not pursue outside funding from investors or loans to fuel more growth.
This approach to entrepreneurship is referred to as pursuing "a lifestyle business." ...