How to name the most popular female entrepreneurs
This article first appeared in Business Insider.
The world has a rich history of female entrepreneurs and in many ways, they have been the driving force behind the advancement of women’s entrepreneurship.
As we’ve written before, female entrepreneurs are credited with inventing new industries, creating jobs and paving the way for more women to enter the workforce.
According to a 2015 study from Bain & Company, female business owners account for 15% of the total business-ownership market, which includes all small businesses.
That’s up from 6% in 2007.
But women still represent less than 3% of total venture capitalists, according to the report.
What’s more, according the report, women who are female are less likely to be entrepreneurs than women who aren’t.
While female entrepreneurs make up nearly 20% of venture capitalists in the U.S., that figure drops to 12% among female entrepreneurs.
Women are also more likely to fail.
According to the Bain & Co. study, a third of female venture capitalists said they’ve lost money on their investments.
Forty percent said they had lost money.
Women entrepreneurs also face discrimination and discrimination from both their bosses and peers, according a 2015 survey of venture capital firms by Women in Business.
That survey found that women are less often represented in management roles at venture capital companies than men, with just 4% of women CEOs holding top management roles compared to 13% of men CEOs.
There are still some signs of progress, however.
A 2016 survey of the world’s top venture capitalists found that more than half of female founders in their respective industry had raised more than $1 million, compared to just 5% of male founders.
And a survey of female CEOs conducted by CareerBuilder found that 77% had at least one female employee, up from 66% in 2014.
But the obstacles still remain.
According the Bain report, more than 30% of female entrepreneurship failures in the past decade have been due to lack of support and mentorship.
And more than one-third of women who fail are female, according CareerBuilder’s 2015 survey.
The key for women to break through these barriers is to create a supportive workplace, which means fostering a positive work environment, such as a shared office space with an open floor plan and ample seating, and a company-wide social calendar.
“Women need to be able to set their own schedules,” said Lauren Tavenner, a business owner and founder of Misfit Capital, which helps women entrepreneurs create a profitable and productive work environment.
“Women need tools to help them stay organized and have a good work-life balance.”
And while companies can work together to help women stay in the business, there are also opportunities for them to grow.
“The best companies, the ones that can really grow, are the ones with a shared vision and a shared team, and women can help them do that,” Tavenning said.
Misfit, which provides mentorship to women entrepreneurs, is the biggest female-led venture fund in the world.
But Tavenners, Tavenenner and other founders are starting to see their investments rise, and the fund is investing more in female-founded startups.
“It’s really important to be supportive and to help with any challenges that come up,” Tavanner said.