NEW YORK (MainStreet) When Sam DiGennaro worked in corporate America as an advertising executive in Manhattan, she often felt stifled by corporate politics and the bureaucracy.
"I made a lot of money in a cushy position but it was affecting my soul," DiGennaro told MainStreet. I knew I could be happier. It was tougher to be part of the club as the only woman because at the level of corporate executive there were hardly any other women except the secretaries."
In 2005, DiGennaro launched her own public relations and marketing firm called DiGennaro Communications (DGC) and has never looked back.
The firm currently employs 35 people and enjoys more than $5 million in annual revenues.
"I am 100% happier being self employed than working a corporate job," DiGennaro said. "It feels like an albatross has been lifted off my shoulders."
Much like DiGennaro's experience, the Global Entrepreneurship Monitor (GEM) 2013 Global Report indicates that entrepreneurship could be a good career choice for most.
"In all regions, entrepreneurs exhibit relatively higher rates of subjective well-being in comparison to individuals who are not involved in the process of starting a business or owning-managing a business," said Jose Ernesto Amoro´s, co-author of the report and professor with Universidad del Desarrollo in Chile.
For the study, Amoro´s defines subjective well-being as people being satisfied with life, and women entrepreneurs are especially happy when it comes to individual well-being and satisfaction with their work conditions.
That may be a result of having lower expectations.
"If you want to be happy, lowering your expectations is a sad but true perspective," said Leslie Ungar, a leadership coach. "Our bar for happiness is lower due to lower pay in a traditional workplace, male politics, the old boys club and so much more."
The study further found that women entrepreneurs from innovation-driven economies showed higher degrees of personal well-being than their male counterparts.