There are some recent studies which show that female entrepreneurs are happier than their male counterparts. Not only that, they are generally amongst the happiest people in the world. Speaking from my own experience, I know that I only have to imagine working for an employer, and I immediately realise how satisfied and happy I am with my current circumstances!

The happiness of female entrepreneurs overall may be due to some practical reasons, such as the average ‘salary’ being much higher than those in traditional employment. But I think there are some more compelling reasons that this.

Although I have written a number of articles relating to the difficulties of ‘work/life balance’, the fact is that ultimately you are in control of the hours you work and can adjust your schedule to suit. Last year I was able to attend all my children’s special events and activities, despite working an average of 40 hours a week. I am fully aware of how valuable this is and this benefit was one of the motivating factors to starting (and now continuing) my business.

Many female business owners and entrepreneurs start their enterprise because they want to ‘make a difference’. This might be directly via business products/services or as an ‘offshoot’ of business profits (for example, donating money, time or resources to supporting social enterprises). Brain scientists agree that the more ‘good’ you do, the happier you are. It stands to reason that having the opportunity to incorporate rewarding work into your everyday activities will increase your happiness.

If what you do does not make you feel a high degree of happiness, perhaps it’s time to question why you do what you do?

Michelle Grice writes a weekly column for business women in The Western Weekender