Women in tech seeking change can pivot within the sector, move to consulting, start a nonprofit, transition to tech education, engage in policy/advocacy, mentor and invest, explore creative ventures, focus on ethics/sustainability, build a startup, or switch to freelancing/remote work for diverse, fulfilling exit strategies.
What Exit Strategy Works Best for Women in Tech? Exploring Options Beyond the Sale
Women in tech seeking change can pivot within the sector, move to consulting, start a nonprofit, transition to tech education, engage in policy/advocacy, mentor and invest, explore creative ventures, focus on ethics/sustainability, build a startup, or switch to freelancing/remote work for diverse, fulfilling exit strategies.
Empowered by Artificial Intelligence and the women in tech community.
Like this article?
Investment Exit Strategies
Interested in sharing your knowledge ?
Learn more about how to contribute.
Pursuing a Career Pivot within Tech
Women in tech, looking for an exit strategy that doesn't entail selling their stake or leaving the industry altogether, might consider pivoting to a different area within the tech sector. A pivot could involve shifting from a technical role to a managerial position, moving into tech policy or education, or even transitioning into a completely different area of technology that aligns more closely with personal growth goals and interests.
Leveraging Skills for Consulting
Another viable exit strategy for women in tech is to transition into consulting. With the vast experience and specialized skills accumulated, women can offer their services to various companies, helping them solve specific problems or improve certain aspects of their operations. This path not only capitalizes on existing expertise but also offers flexibility in terms of workload and the nature of projects undertaken.
Starting a Tech-Focused Nonprofit
For those looking to make a broader impact beyond the corporate world, founding a nonprofit focused on addressing gaps in the tech industry, such as gender disparity or access to technology education, provides a fulfilling exit strategy. This option allows leveraging tech skills for social good and offers a new set of challenges and rewards.
Venturing into Tech Education
Transitioning into an educational role—whether at a traditional institution, coding boot camp, or via online platforms—presents a meaningful way to exit a current tech position. By nurturing the next generation of tech professionals, women can impart critical knowledge and foster a more inclusive, diverse tech culture.
Engaging in Policy and Advocacy
Women in tech who are passionate about effecting change on a systemic level might explore roles in policy-making or advocacy. This could include working with organizations that aim to shape tech policy, advocating for equity and diversity in STEM fields, or lobbying for regulations that promote ethical tech practices.
Passing the Baton through Mentorship and Angel Investing
Established women tech leaders can look toward mentorship and angel investing as an exit strategy that ensures their legacy and impact continue. By mentoring up-and-coming female tech entrepreneurs and investing in women-led startups, they can foster a more diverse and inclusive tech ecosystem.
Exploring Creative Ventures
Combining tech expertise with personal passions can open up avenues in creative industries, such as digital art, game development, or tech-centric content creation. This exit strategy allows for the exploration of personal interests while still leveraging a tech background.
Embracing a Role in Tech Ethics and Sustainability
As tech companies increasingly focus on ethical practices and sustainability, there is a growing need for professionals who can guide these efforts. Women in tech may find fulfilling careers in roles that focus on developing sustainable tech solutions or ethical AI, aligning their tech skills with their values.
Building a Tech Startup from Scratch
For those ready to leave their current positions but not the tech industry, starting a new venture offers an exciting challenge. This strategy allows women to directly apply their skills and experiences to address unmet needs in the market, potentially leading to significant personal and professional fulfillment.
Transitioning to Freelance or Remote Work
The flexibility of freelancing or remote work can be an enticing exit strategy for women looking to step away from traditional roles without leaving the field. This path allows for greater control over the type of work and clients, as well as work-life balance, including opportunities for travel or living abroad while continuing to work in tech.
What else to take into account
This section is for sharing any additional examples, stories, or insights that do not fit into previous sections. Is there anything else you'd like to add?