What are the challenges faced by women entrepreneurs?
Women entrepreneurs are found all over the world. It is highly a challenging task to remain as a successful female entrepreneur in the present scenario. They face several hurdles and problems and remain different from male entrepreneurs. Some of the common challenges faced by women entrepreneurs are as follows:
Defying social expectations
The majority of female business owners would have faced this situation. They may attend a networking event and feel disappointed to see the number of women entrepreneurs present in the meeting. They would experience an unnerving situation as they have to talk and spend time mostly with male business entrepreneurs. In such a situation, women would feel whether they need to adopt a male attitude for functioning their business like aggressive, competitive and at time harsh.
However, some successful female entrepreneurs believe to remain true to yourself. You need to identify the voice and rise above the predetermined expectations. Do not think yourself that it is right to put the man’s idea for being a leader. The women entrepreneurs can definitely win through perseverance and hard work instead of adopting men’s attitude.
Limited funding
Funding is the most important thing for starting and running the business. The majority of women entrepreneurs do not start a business with sufficient assets or property. It is the reason they take up loan and face various issues ata later date. The worst part is they would not even own any property in their name and face collateral issues. In a survey developed by Bloomberg, it was found that most women entrepreneurs do not receive or receive less funding than male entrepreneurs.
Minimal support
When you want to start a business and find a position in the corporate world, it is necessary to have a lot of support. Unluckily, in several cases, women do not get much support and they run the business on their own will power and confidence. They would not have any person to guide or take them in the right way. In the present competitive scenario, it is important to get guidance from role models and experienced mentors. It is challenging for women who do not get support from friends and family. They will be pushed up in a situation with all the family and household responsibilities as well as manage the business. It becomes tough for them to handle everything and make a strong mark in the business world that is already controlled by men.
