Is Starting Your Own Business the Best Choice for Working Moms?
Consultant dermatologists Nicola Ralph and Caitriona Ryan share their experience of balancing parenting with entrepreneurship. Despite the challenges, more women in Ireland are becoming entrepreneurs. However, barriers such as lack of confidence and childcare responsibilities still exist. Ryan and Ralph's success story highlights the need for better support for parent entrepreneurs.
Consultant dermatologists Nicola Ralph and Caitriona Ryan of the Institute of Dermatology have combined parenting with running their own business. Women entrepreneurs in Ireland face challenges in starting their own businesses, with funding being a major obstacle. Despite these challenges, Ryan and Ralph have successfully grown their business while raising their families.
Ryan and Ralph self-funded their venture and are projecting significant growth over the next three years. However, women entrepreneurs globally receive less venture capital funding compared to men. The duo believes that ambition in parents, especially mothers, should be normalized, and support systems should be in place to help parents balance work and family life.
They emphasize the need for more accessible childcare, tax deductions, and parental leave support for self-employed parents. They advocate for a shift in culture to promote work-life balance and support for ambitious parents in entrepreneurship.
According to the source: The Irish Times.
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