Problems of women entrepreneurship are probably one of the most vulnerable questions for all those women who want to start their business, however, everything appears to be not as expected.
For a very long time business was considered a male-dominated sphere. Women did not have any access to the business. There was not the slightest possibility for a woman to introduce herself with a startup or establish her own business.
The picture has somehow changed today, however, some gender stereotypes appeared to be too deeply rooted to disappear quickly. Though we can see a number of women entrepreneurs, fewer women still manage to succeed in their business.
Here you find some of the most common challenges women entrepreneurs face on every step. So, let’s get known with problems of women entrepreneurship, which are a nasty burden for each woman in business.
Let’s explore the main factors which build barriers for women’s full integration in that men-possessed sphere.
Are Problems of Women Entrepreneurship Based Just on Gender?
Imagine a situation: a woman full of enthusiasm, new ideas, and readiness to fulfill her plans and ideas, is about to start her new business. She has considered everything connected with the risks, finances and the remaining stuff.
The chance of failure is little. Everything is clearly taken into account. A woman is passionate to follow her dream and takes the first necessary steps to fulfill her plans. However, things don’t go their logical way.
What’s wrong? The action plan doesn’t work! From the very beginning of establishing her business, the woman starts facing some barriers. Oh, wait: is there anything she didn’t take into consideration? Where this kind of barriers come from? Maybe all these are just because she’s a woman?
Media shouts about gender equality as loud as it can. “Women, like men, can try themselves in all the spheres,” they say. The facts, however, come to prove the opposite.
Very often women in business and social entrepreneurs face a number of challenges because of some gender stereotypes existing today.
Problems of Women Entrepreneurship #1: Having a hard time to be yourself
Many women in the business face this problem. There is a widely ruling stereotype that a real leader should look manly. Many women in business take this idea for granted and tend to look like their male counterparts.
In this way, they think their ideas would look more convincing and trustworthy. We can witness the example of such like behavior during many board meetings where women dress men style suits trying to look more masculine.
This is a typical representation of deeply rooted stereotype and what’s more upsetting is that women themselves become the victims of the stereotype without realizing it.
Women, always remember never lose your personality and be yourself regardless how the opposite sex perceives it. Your skills and talents have nothing in common with your sex, appearance, and behavior. Make everybody finally get it!
Problems of Women Entrepreneurship #2: Funding gets difficult if you are a woman
Many women social entrepreneurs are constantly complaining about the fact that getting funding is much more difficult for women than for men.
They are pretty sure men are more inclined to fund those people who belonged to the same gender as they are. This can become a real challenge for a woman. It’s essential to state that the majority of venture capitalists are males.
Problems of Women Entrepreneurship #3: Confidence, confidence and once again confidence needed
There is no way to a successful women entrepreneurship if there is a lack of confidence. Society likes to give people roles and is always strict towards those who deny following their roles.
However, hold on for a second, ladies: is that really what you want? Never be humble to the place and role the society suggests you.
If you’ll planning to fly high and reach never achievements in business then, you’ll also have to be ready to become Johnathan Livingston Seagull.
Problems of Women Entrepreneurship #4: Lack of strength to admit your own achievements
Many girls and women come from the societies where the role of a woman is highly underestimated. This can be a reason for different cultural values ruling in the society.
This kind of approach towards women affects women during their life and on their further actions. Women raised in such environment always lack the ability to appreciate the true value of their efforts and input in the business.
Those factors very often create a huge barrier for a woman to succeed as an entrepreneur and have her deserved a place in business. Even if they somehow manage to overcome the barrier and enter the world of business, they still avoid of speaking their own accomplishments.
Speaking of their achievements, very often tend to use the word “we” instead of “I”. Well speaking of the second person is sometimes very efficient for team building, however very often it is viewed as an underestimation of your old powers.
Still, if you really think that you deserve appreciation, then don’t be afraid to state it and draw everybody’s attention to it. Always remember nobody will appreciate your job until you don’t do it yourself. Confidence is the key to success so keep it always with you.
Problems of Women Entrepreneurship #5: Still finding time for family
A woman entrepreneur becomes a real hero when she combines two extremely responsible jobs: being a mommy and also being a successful business lady. It’s out of suspicion that the task of women while being engaged in the job and at the same time taking care of the baby is much more difficult than that of a man.
Moreover, in many societies, the main duty of women is considered taking care of the babies so, it’s not acceptable for a woman to have another job than being a full-time mommy.
If a woman is married she may face even a disapproval of husband. This will put women a step further from business activities.
Problems of Women Entrepreneurship #6: Living in a male-dominated society
Living in a society where a role of a woman is underestimated and the responsibilities of women are limited, brings another challenge for a woman to become an entrepreneur.
Though formally a woman will have same rights and responsibilities as men, the perception towards women at workplace will definitely differ from the perception towards men.
Men will have higher opportunities to be promoted even though a woman will be more skillful and talented.
Problems of Women Entrepreneurship #7: Education
We’re coming across with a question why the number of women entrepreneurs is considerably fewer than the number of male entrepreneurs in less developed societies.
Well, one of the key factors influencing it is the lack of education among women. In many societies, women don’t have access to getting a proper education. They are not aware of business technology and marketing.
All These Challenges & Problems of Women Entrepreneurship Is Possible to Overcome
The challenges of women entrepreneurship have its reflections in different parts of the world in different ways. This may come from the development level of the country, cultural distinctions, etc.
You can see a number of successful women entrepreneurs who managed to overcome all those obstacles and beat all her man rivals in this or that sphere. The number of women social entrepreneurs is also rising day by day.
They are making huge efforts to change the world for better through their innovative business approaches. So, if they managed to break the barriers why shouldn’t you try it as well?
Check Out Other Posts Related to Problems of Women Entrepreneurship | 7 Most Common Challenges Female Entrepreneurs Face in Business
- Famous Women In Science You Should Know | We’ve Collected A List Of 9 Outstanding Female Scientists
- Indra Nooyi, The Pepsi CEO Is A Huge Inspiration For Women! Find Out Her Famous Quotes, Speeches & Net Worth
- Women In Business Can Be Successful! Meet The Top 10 Of Women Owned Businesses & Female Entrepreneurs