No More Closed Doors For Women Entrepreneurs
What is Entrepreneurship? Who is an Entrepreneur?
Entrepreneurship is the ability and readiness to develop, organize and run a business, along with any of its uncertainties in order to make a profit. The most prominent example of entrepreneurship is the starting of new businesses and an entrepreneur is a person who does that. Nowhere it is written that only men can be entrepreneurs, no definition describes it as a gender role then why is there a bias when it comes to women entrepreneurs? There exists an underlying issue that is keeping women from becoming successful entrepreneurs, the difficulty of finding funding. Women-owned businesses receive just 7 per cent of venture capital investment money, which is highly disproportionate to their role in the economy. Additionally, loan approval rates for female entrepreneurs is less than it is for men. Candida Brush, a professor of entrepreneurship at Babson College, has an insightful take on one of the main reasons why women don’t get funding, the profile of successful entrepreneurship is male. If you think about it, this is sadly true. When someone is asked about the best entrepreneurs, the common answer is Mark Zuckerberg, Bill Gates, Jeff Bezos etc. All being men, hardly people mention successful women entrepreneurs. There is an unconscious bias that women entrepreneurs will not be as reliable an investment as men entrepreneur and therefore not as fundable. When we look at it from a different, a little unbiased perspective we will see that there are many successful women entrepreneurs in the world.In fact according to a publication’s research and analysis that was done from the key sources such as the U.S. Census Bureau; Dow Jones, the Harvard Business Review, and others, these are 5 areas where women entrepreneurs are more successful than men:
1) Female-Owned Firms Generate Higher Revenues
2) Female-Owned Firms Create More Jobs Than Their Male-Owned Peers
3) Women Executives Significantly Improve Startup Company Performance
4) Women Are More Effective in Senior Leadership Roles
5) Women Have a Larger Appetite for Growth
The success of every woman should be an inspiration to another. Successful Women entrepreneurs like Cher Wang, J.K Rowling or Sara Blakely are examples of why women need to believe in themselves and their ideas because the world is changing and so are the dynamics of entrepreneurship.
VGo Global is the perfect opportunity for women with ambition to come forward and achieve their goals. VGo Global is a startup platform where it supports startups, funds them, builds them and also markets the startup to generate sales. All you have to do is go to the website and post your Idea that you think will work with a basic outline of it, VGo will evaluate your idea with a nominal fee and once it is approved, VGo will take care of everything for you.
Take a leap of faith in yourself because the choice is yours, One Day? Or Day One.
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