In a world that is changing faster than ever before, the idea of getting an education, picking up a corporate job and then retiring early is now becoming a distant fairy tale for many people.
With technology becoming more advanced, as well as the increase in outsourcing and hiring overseas, experts such as Bill Gates are now predicting 50% of jobs will vanish over the coming decade. Many roles such as receptionists, call centres, accountants and real estate agents may vanish, leaving millions across the globe looking for a new direction or career path.
These financial changes and stresses are affecting everyone, as many once high paying jobs are slowly being slashed. We are also seeing salary growth at its lowest in 20 years, resulting in families feeling the pinch as the price of goods and services goes through the roof.
For many, retirement has been pushed back 20 years due to the shaky super funds that saw people lose everything in the last crisis in 2009. Sadly, it is also being suggested that a couple will need a combined savings of 2-3 million dollars to happily retire.
In fact, the financial expert Robert Kiyosaki (author of best-ever selling wealth book “Rich Dad Poor Dad) believes 2016 may be a year of the greatest depression in history.
All of these factors above may mean more financial pressure and expectations placed on women as they may need to work harder and earn higher in order to keep their families afloat and thriving. Research shows that the number of ‘stay at home mums’ will decrease and a women’s role will increase further from not only mother and caregiver, to also being a monetary contributor/provider. In addition, an increasing number of young families are being forced to live with family members due to the high cost of purchasing a home. More grandparents are now playing a larger part in bringing up their grandchildren, as both parents work longer hours in order to survive.
Research shows that the number of ‘stay at home mums’ will decrease and a women’s role will increase further from not only mother and caregiver, to also being a monetary contributor/provider.
Despite all of this, it is not all doom and gloom! The good news is that the power of social media and the Internet has opened up more opportunities for entrepreneurial women – who I foresee thriving in the decades to come. In fact, an increasing amount of female leaders are stepping up, launching and running companies and leading the way across the globe. Like the story of the 4-minute mile (no one had ran a mile in under 4 minutes but once someone had, everyone started running at the pace), I believe we will see a wave of female entrepreneurial success.
Industries such as direct sales, which have produced more 6 figure female earners than any other industry, will continue to thrive. EBay selling, blogs, boot camps and websites will also create thousands of jobs and incomes for innovative thinkers. The exciting part about business today is you can easily turn your passion into a career by selling information, tutorials, books or mentoring in any field.
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Like the story of the 4-minute mile (no one had ran a mile in under 4 minutes but once someone had, everyone started running at the pace), I believe we will see a wave of female entrepreneurial success.
Make no mistake–we are facing scary times ahead, but this fear can create an action to unlock the greatest potential in us all, an action we may never have taken had we been left feeling comfortable. It’s an exciting time to be alive for the thinkers and the go-getters, and for many women, this just may be a very exciting time ahead.
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Dave Nelson is a successful entrepreneur, speaker and director who specialises in mentoring Gen Y’s to 6 figure salaries. He is the Author of “The New Era of Network Marketing” and a director of YOR Health. For more information, please see facebook.com/officialdavenelson or http://davenelson.tv/