Obstacles Women Entrepreneurs Encounter
2. Women-owned startups receive less investor funding: Women-led, innovation-driven entrepreneurial businesses are not getting enough venture capital funding – less than 5% of VC dollars go to women-led companies.
3. Fear of failure and taking risks: Women are generally less prone to taking risks and can let their own fears of failure, or even fear of success, stand in the way of pursuing the path of entrepreneurship. Confidence is the #1 weapon to combat these fears, and the best way to feel confident in what you are doing is to make sure that you are as prepared as possible before you start your business endeavor.
4. Balancing business and family: Balancing business and family is a huge challenge. Women are still considered the backbone of the family, and women entrepreneurs often find themselves torn between commitment to their family and their businesses.