Founder's Message
Win Win Women
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Dear Friends,
Although I'm an optimist, I understand the importance of knowing, and finding solutions for, the challenges that face women business owners in the United States.?
I researched these challenges and I'm sharing them with you so you can be aware of the "hard cold facts" and better understand that these challenges affect women across the world, as well (and in some nations they exist to an even greater degree).?
The GOOD news is that these statistics, from 2023, are actually improving as more and more women, and supportive men, are working toward gender equity on many levels. The SAD news is that we have a long way to go, especially internationally.
The Three Biggest Business Growth Challenges for U.S. Women Business Owners? ? ? ? ??
1.?Women receive less funding to grow their businesses. While venture capitalists invested about $58 billion in startups last year, women received only 2.5 percent of that money.(hbr.org) Also, in 2023, women’s annual earnings were 82.3% of men’s. (Bureau of Labor Statistics data)
2.?Women are often regarded as inferior to their male counterparts in business settings. Although progress has been made, businesswomen are generally not as well-respected as men. As a result, women often work harder and longer to achieve the same business growth results as their male counterparts. Researcher Nicholas Kristof’s study concluded, “A woman (in business) can be perceived as competent or likeable, but not both.” (www.nytimes.com/2008/02/10/opinion/10kristof.html) ???
3.?Women business owners and businesswomen, who are also mothers, divide their time, energy, and focus between work and family. Working mothers make up a significant part of the labor force, accounting for nearly one-third (32%) of all employed women. These mothers report that dividing their time between family and work is difficult, and sometimes the quality of their work is affected. The Choices Working Mothers Make (census.gov)
With so much love,
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Transformational Business Coach & Strategist for Women | Empowering Authentic Leadership & Creating Strategic Opportunities
7 个月Hello Paula, thank you for sharing these important insights. It’s so valuable to have a clear view of the hurdles we face as women business owners. Your post really resonates with me. The statistics you mentioned are a powerful reminder of the work still needed to close the gaps in funding and respect. I can relate to the challenges of balancing work with family life—it’s a constant juggling act, and sometimes it feels like we’re expected to be superwomen without the support we need. It’s uplifting to hear that things are slowly improving and that more people are joining the fight for gender equity. It’s moments like these that give us hope and remind us why we need to keep pushing forward. I’m grateful for the conversations we’re having and the collective effort to make things better. Let’s continue to support each other, share our experiences, and work towards creating a more equitable environment for all women in business. Sending you a big virtual hug and lots of encouragement, Korrie.