Challenges Women Entrepreneurs Face (and Overcome)

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Despite facing challenges, women are gaining ground. They are reaching higher corporate levels and increasingly starting their own businesses.

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High growth entrepreneurship has rebounded from the slump of the great recession but overall growth is still in a decline.

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Women-owned businesses are growing faster in numbers, employment and revenues as compared to total businesses.

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1. Securing Capital For Growing Businesses Women entrepreneurs face greater difficulties than men when raising capital to fund their growing concerns.

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2. Strengthen Negotiation Skills It has been found that women tend to make better advocates when they represent others rather than themselves.

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3. Need A Strong Support System Female students, either as a group or one-to-one, tend to approach me for advice and guidance more readily than their male counterparts.

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4. Work/Life Balance Working women executives, suffering from work/life balance issues often consider starting up their own businesses as an anecdote.

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Women entrepreneurs need to prioritize what is important in their dual roles at work and home. You can’t handle everything especially by yourself.

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Women entrepreneurs have made significant strides in owning their business and their successes. They have several challenges to overcome before the playing field is fully level.

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