There is hardly any industry where women don’t face gender-based challenges. With no surprise, entrepreneurship is no different.
The world is globally witnessing its “MeToo” movements in every industry and finally raising its voice against the Weinsteins of the world. Recently, 99designs conducted a survey of more than 3000 men and women entrepreneurs worldwide and the number of challenges women entrepreneurs face in business compared to their male counterparts are simply shocking.
According to the research, surveyed male entrepreneurs were twice as likely to raise $100,000 or more of outside funding for their startups than female entrepreneurs. Unfortunately, these numbers stayed pretty consistent when this survey was conducted last year.
Whether it’s due to a lack of funding or lack of employees, women entrepreneurs (68 percent) are more likely than male entrepreneurs (48 percent) to run businesses out of their homes.
It is 2018 and women are still discriminated against and gender inequality continues to sustain. To learn more about women in business this year, check out the infographic below.