Becoming a first-time parent is overwhelming for nearly everyone, but a new study shows how it particularly affects women in business.
LinkedIn users responded to research from the Vancouver School of Economics showing that women are 42% less likely to start a business in the year after giving birth and that they remain less likely to become entrepreneurs for the rest of their lives. On the other hand, there wasn’t much of an impact for male entrepreneurs who became fathers.
One user pointed out that the study may have had different results based in Canada rather than the United States. Monika Elling, CEO and founder of Foundations Marketing Group, said she became an entrepreneur because of her children and was able to succeed in the U.S. “The U.S. ecosystem for entrepreneurs has different rewards and challenges—and boundless opportunities,” she wrote.
While one user pointed out that, for the most part, work-life balance is a myth, another noted that female entrepreneurs who live near their parents tend to have better business outcomes after becoming parents themselves.
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