Businessweek Archives

Why Women Fly The Corp

Enterprise -- In Box


Women and minorities are the fastest-growing group of business owners, and Corporate America deserves some of the credit. A recent poll from Catalyst and other women's nonprofits found dissatisfaction with corporate jobs inspired nearly half of women entrepreneurs to start their businesses. Although the other half were inspired by an idea, alienation is a growing cause. Women who started businesses recently cited the glass ceiling and lack of challenge twice as often as women whose businesses are more than 20 years old. Among all women, top reasons for leaving were, in order: inflexibility; glass-ceiling issues, such as not being valued; unpleasant environment; and lack of challenge. Black women felt far more affected by the glass ceiling and racial discrimination than other groups. Hispanic women had the fewest complaints. Nearly 60% of all pollees said nothing would attract them back.EDITED BY EDITH UPDIKE

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