The reasons are both dependent on the individual and the system.
2 min read
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More women start small businesses but are less likely to transition to big business, or have a gross revenue of $1 million or more. In the words of Entrepreneur Network partner Business Rockstars and Empowerista host Alexis Wehrley, the solution to this disparity is to address a few of the obstacles women internalize. Women will frequently underestimate their abilities. Women entrepreneurs receive less funding to expand their small business into a big business. Moreover, women have a harder time building out their network. Finally, women tend to be more more risk-averse.
Click the video to hear more from Wehrley and Business Rockstars.
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