Encouraging Female Entrepreneurship on International Women's Day
Today marks the annual celebration of International Women's Day, a day where we recognize the achievements of women throughout history and around the world. This year's theme, "Choose to Challenge," encourages us to challenge gender bias and inequality wherever we see it. One area where women continue to face significant challenges is in the workplace, particularly in terms of pay equity.
International Women’s Day 2023
Despite progress in recent decades, women still earn less than men in nearly every industry and at every level of seniority. According to data from the World Economic Forum, the global gender pay gap currently stands at 16%, meaning that women earn, on average, only 84 cents for every dollar earned by men. This gap is even wider for women of colour, who face additional barriers due to systemic racism and discrimination.
One way that women can combat the gender pay gap is by starting their own businesses. By becoming entrepreneurs and creating their own companies, women can take control of their earnings potential and build businesses that reflect their values and priorities. As an entrepreneur, you have the opportunity to set your own salary and determine your own earnings potential, without being limited by the pay gaps and biases that can hold women back in traditional employment.
However, starting a business is not always easy. It requires hard work, dedication, and a willingness to take risks. That’s where a financial coach can help. At Money Time Coaching we hold you accountable to your entrepreneurship goals and help you accomplish your financial goals quicker. At Money Time Coaching we emphasize the importance of understanding how money works and the power of reading numbers like we read words. We believe that enhancing your ability to read numbers and use financial ratios to your advantage is crucial to improving profitability and enhancing financial performance. Check out my latest YouTube video, "Interpreting Financial Ratios: A Step-by-Step Explanation," to learn more►https://youtu.be/Jp-P5wb9A80 . We are committed to encouraging women to be owners because we believe ownership is a critical way that women can experience financial freedom and security. When women work with us, we empower them with the tools and knowledge to achieve financial success.
Female CEO Image taken from CNN Business
Moreover, starting a business can also be a powerful tool for social change. By creating a company that is committed to gender equity and empowering women, you can be part of a broader movement to challenge gender biases and break down barriers for women in the workplace. At Money Time Coaching, we specialize in working with women entrepreneurs who are ready to take their finances to the next level and experience financial freedom. Our 1-on-1 coaching sessions are designed to help you create a financial plan that aligns with your goals and priorities, whether you are just starting your business or looking to grow an existing one.
In our coaching sessions, we will work with you to identify your strengths and weaknesses when it comes to managing your finances. We will help you develop a budget and financial plan that will enable you to achieve your goals, whether that is saving for retirement, investing in your business, or paying off debt. We will also provide you with the tools and resources you need to build a successful business and achieve financial freedom.
Starting your own business is an empowering and exciting journey, and we are here to support you every step of the way. If you are ready to take your finances to the next level and achieve financial freedom, we encourage you to visit our website, Money Time Coaching, and book a 1-on-1 coaching session with us today.
On this International Women's Day, let's celebrate the achievements of women around the world, and commit to challenging gender biases and inequalities wherever we see them. But, at the same time lets not forget to stay committed to empowering women to take control of their finances and build successful businesses that reflect their values and priorities. Let's support women who are starting their own businesses and creating their own opportunities, and let's work together to build a more equitable and prosperous world for all women.