The Challenges Female Entrepreneurs Continue to Face
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Despite 9.1 million women business owners in the U.S., female entrepreneurs face significant challenges such as social expectations, lack of role models, and difficulties in accessing funding. To combat these barriers, women are encouraged to be authentic, form supportive networks, and develop compelling business plans. These strategies can help overcome stereotypes and access opportunities typically dominated by male counterparts.
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The Challenges Female Entrepreneurs Continue to Face
- 1. The Challenges Female Entrepreneurs Continue To Face
- 2. Did you know that there are 9.1 million women business owners in the US who employ over 7 million people?
- 3. Despite this upward trend, women still face many barriers when it comes to entrepreneurship. Here are the 3 most common:
- 4. #1. Social Expectations Women are still expected to play the role of homemaker and caregiver in addition to their professional roles. They are also stereotyped as being "too emotional" and "too indecisive" to be good leaders.
- 5. How to overcome this challenge: Don't become more competitive or aggressive. Be authentic and true-to-self!
- 6. #2. Access To Role Models Because their male counterparts are typically more successful, it's more difficult for women to find a good role model or mentor.
- 7. How to overcome this challenge: Create your own support groups (on and offline) that can be easily accessed by other women!
- 8. #3. Access To Funding Businesses require large investments and women have more trouble raising capital than men do. Because more venture capitalists are men, they tend to give their funding to men.
- 9. How to overcome this challenge: Don't let this unmotivate you. Instead, focus on putting together a business plan that can't be resisted!