Author Question: What risk do women take when trying to start a business? (Read 1988 times)

aero · **on:** Jun 29, 2013

I want to find a new job or start my own business. But I don't know the risk involved with this. I am not sure even where to start or how to go about it. I also have children and I don't know if being a single mother and starting a grass roots business is going to be good or bad for my children.

formula1 · **Reply #1 on:** Jun 29, 2013

its actually much easier for women to get business loans for a start up

Yolanda · **Reply #2 on:** Jun 29, 2013

You do need to be aware that you will need to sacrifice time with your children in order to get your business off the ground but if everyone works out your children will benefit greatly from the support of a family business.

geoffrey · **Reply #3 on:** Jun 29, 2013

You have a pretty high risk of failure because you are a woman, and women are bad at everything they do.

j_sun · **Reply #4 on:** Jun 29, 2013

If you are a single mother it will be much harder for you to succeed in this than most. I don't want to discourage you but this is the truth. That does not make it impossible though. Do you have family members that you can rely on to watch over your children when you are working and when you are researching your business? Also do you have enough money saved up to support you and your children and keep the bills paid for your business? It will take you at least three years to see a good profit from the business, no matter what kind of business it is. Have you researched the market? What kind of other companies are already doing what you plan to start? How successful are they? Will you need employees? If so how much can you afford to pay them? You have a lot of homework to do before you can even lay out a business plan. Good luck to you.

Melanie · **Reply #5 on:** Jun 29, 2013

I started and ran a business for 25 years.

It was hard as HELL to get it going, but ridiculously easy once it was up. I hired some good people.

But it depends on what you're planning on. This is one case where the devil really is in the details.

I'll take all the time you want to tell you what I know if you want to email me. Just not typing too fast. Only have one hand.