Smart, Savvy, and Starting Up: Midlife Women Mean Business
In the world of business, there’s a shift happening - one that promises a future of unparalleled potential for women. Over the past few decades, we’ve witnessed a significant rise in women’s wealth, and the trajectory is only going up. In fact, women already control 40% of the world’s wealth, and that number is expected to surpass 50% in the next five years. McKinsey even predicts that women’s wealth could equal men’s by 2030.
But here’s the real question: Are you ready to claim your share of this fast-growing wealth?
Women’s financial power is no longer a hidden secret. We’re talking about a global movement, where women’s wealth is climbing at a rapid pace. According to Norselab, women currently control 40% of the world’s wealth - and in just five years, that figure is expected to exceed 50%. This surge in wealth is being fueled by women embracing leadership roles, investing in their futures, and increasingly becoming entrepreneurs.
But it’s not just about the numbers, this rise in wealth represents a cultural shift. Women are leading the charge in breaking down barriers, redefining success, and proving that when we get in the game, we excel.
Data from the Boston Consulting Group reveals a compelling truth: female entrepreneurs are exceptionally skilled at generating revenue. For every dollar of funding, women led startups generate 78 cents in revenue, compared to just 31 cents by male led startups.
This is not a coincidence. Women bring unique strengths to the table - empathy, resilience, strategic thinking - that contribute to their success in business. When women get the support they need, they flourish. It’s a powerful reminder that when we show up, we can achieve remarkable things.
Women’s economic empowerment does more than just improve individual financial security, it benefits entire communities and society at large. According to the Organisation for Economic Cooperation and Development, women reinvest their earnings back into their families and communities at a higher rate than men, driving positive change in areas like education, health, and poverty reduction.
This is not just a win for women, it’s a win for everyone. The benefits of empowering women extend far beyond financial growth, creating a ripple effect that can improve the quality of life for entire communities. When women rise, we all rise.
While we are witnessing incredible progress, there’s still much work to be done. UN Women and Reuters have estimated that closing the gender pay gap could add $7 trillion to the global economy. That’s enough money to feed every school-aged child worldwide for over 400 years.
This is more than just a matter of fairness, it’s an economic imperative. When women are paid what they’re worth, when they are given the opportunity to start and grow businesses, the entire world benefits. The numbers speak for themselves, and the potential impact is mind boggling.
So, why are midlife women the perfect candidates for entrepreneurial success? Midlife is a time of transformation and clarity, where many women are reevaluating their priorities, looking for fulfillment, and seeking new challenges. This stage in life is filled with experience, wisdom, and often, a strong desire to make an impact.
For many women in midlife, starting a business is not just about financial gain, it’s about purpose. It’s about aligning their professional lives with their values, creating something meaningful, and leaving a legacy. The good news? Women in midlife are uniquely positioned to excel. They bring a wealth of experience, a deep understanding of the world, and the ability to build networks that lead to success.
Now is the time for women in midlife to take the plunge into entrepreneurship. The world is ready for your ideas, your vision, and your leadership. The rise of female wealth, the proven success of women entrepreneurs, and the societal impact of women’s economic empowerment all point to one undeniable truth: Women are not just participants in the economy - they are driving it forward.
The future is bright for women in business, and that includes you. If you’ve been waiting for the right moment to take the leap, this is it. The world is hungry for more women led businesses, more innovation, and more of the positive change that comes with women at the helm.
Your wealth, your potential, and your impact are waiting. The question is: Are you ready to receive your share?
Step into your power. Start the business you’ve always dreamed of, and watch as you contribute to the global wave of change that’s sweeping across industries, communities, and the world.
The future belongs to women, and it’s only just beginning.
