We all know that running a small business can be a frustrating, thankless, hopeless, pour-me-another-scotch type of affair.
But there’s some good news that might keep you going: being an entrepreneur and running your own business might make you happier in the long run. The bad news: it might not necessarily make you financially better off.
“We found that, despite making less money on average, becoming entrepreneurs triggered a significant increase in their quality of life,” the authors of the Late-career entrepreneurship, income and quality of life study said in an article for the Harvard Business Review.
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Fi Bendall is chief executive of The Female Social Network and a Westpac-AFR 2015 100 Women of Influence, who was described by CEO Magazine as “The CEO’s secret weapon”. An expert and pioneer in digital strategy, she has over 23 years’ experience in the digital and tech sectors.
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