Why mid-career women are leaving corporate America for entrepreneurship
You landed your dream job, or so you thought. But quiet doubts grow harder to ignore: “Did I choose right?” “Can I do this for the rest of my life?” “I want something more.” These questions seem to collide with major life transitions that often hit in your 30s or 40s: raising children, paying mortgages, and caring for parents in the same way they once cared for us. All of it converges into a pivotal decision: Do I stay on this career path, or do I shift and create something on my own? To better understand this shift, we conducted interviews with 13 women entrepreneurs and business owners in New Jersey. They came from a range of industries, including finance, food, consulting, retail, health, and services. Despite these differences, their stories pointed to the same underlying shift: Women entrepreneurs are choosing work that makes room for life. We found that most of the women did not initially plan to become entrepreneurs. In fact, most pivoted into entrepreneurship in mid-career, typically after between five and 20 years in traditional roles, and primarily in their 30s and 40s. Many had already invested significantly in their careers and were on leadership tracks, but they decided to leave after years of navigating environments that did not line up with their needs, values, or realities. Why Women Are Shifting As a prime example, the mismatch often came between the sacrifices required to meet both caregiving responsibilities (like needing to take a loved one to a doctor’s appointment) and work (like working longer hours to make up for that appointment and not fall short of expectations). Every woman we spoke to was managing caregiving in some capacity, whether for children, elderly parents, ill family members, or others in their lives. Corporate roles were often not designed to allow the flexibility needed to be present at work and at home simultaneously. At the Rutgers Center for Women in Business, we refer to this struggle as caregiving strain. For many women, e