Are You An Entrepreneur? An Inside Peek At The Wise Women’s Council

#133 — What does it mean to be an entrepreneur?

One of the things I keep learning from gathering groups of working women together is how broad and diverse the realm of entrepreneurship is. Common culture would have you believe that entrepreneurship looks like a single white dude building a company out of his garage with a bunch of coding co-founders. Eating ramen. Dropping out of Harvard.

Sure, Silicon Valley has that.

But there is so much more to entrepreneurship than this.

I've met women who are building so many different businesses, in many different forms. What I’ve learned in interviewing and working with hundreds of you is that building businesses is a huge, broad landscape—and that women are building businesses faster than almost any other demographic group. (Black women are starting businesses at unprecedented rates.)

From private practices to PR firms to new companies serving women and families, to big tech companies to investment companies to research-based practices—women’s entrepreneurship is diverse, phenomenal, and important.

There is no one path to entrepreneurship

For some people, they became entrepreneurial by accident—stumbling into entrepreneurship when a career path reached a dead-end, or wasn't fulfilling anymore. Others, like the story Tara McMullin shared on our podcast, found themselves jobless and pregnant and with a choice: start a new adventure or try to find another gig? Still some people start down the path because of a product idea they can't get out of their head, or a market segment and a population that needs to be served. Some people become entrepreneurs because it’s their calling. Some people don’t even know they’re building a business until long after they’ve been serving clients and realize that they’re in the thick of it as a full-fledged business owner.

People are creative. We like building things.

Here's a secret: most of us scroll Facebook and Twitter and Instagram because we are bored out of our minds, lonely, or craving more stimulation. The "news" is a stand-in for the type of deep satisfaction that comes from making things with our bodies and minds, and truly connecting with other human beings. Humans naturally crave learning, growth, and being with other people.

Entrepreneurship—the art of making new things, of creating a new business in the world, and serving other people with your gifts and talents—can be deeply challenging and immensely satisfying. I've met and interviewed entrepreneurs of all types and what I've learned is that it's not about how you look, whether the media covers your type of business, or the “hustle” you’re supposed to have.

Entrepreneurship is about listening to your own inner wisdom, it’s about knowing yourself and deeply understanding people around you, and it’s about making things that change other people’s lives while also changing yours. It’s about the call to leadership, business, and growth.

Last year, in The Wise Women's Council, we had 18 women join us for a nine-month journey following the ups and downs of building businesses, careers, and lives. Some of the folks we had joining us on the journey included:

A tech employee who used the courage of the group to quit a lucrative leadership position and venture out onto her own to test two of her ideas for upcoming companies.

A service-based entrepreneur who helps other business owners build maternity leave policies and stay sane while taking parental leave.

A marketing consultant who was fired from her job while pregnant and vowed to build a better business, launching a marketing consultancy from a small studio shed in her backyard in Seattle. (You’ll hear her story on the latest podcast roundtable.)

Today, I bring three of these women onto the pod