The Impact Of Entrepreneurshipial Challenges For Women

"In 1950 about one in three women participated in the labor force. By 1998, nearly three of every five women of working age were in the labor force" (Heatherfield, n.d., para. 4). In 2008, the U.S. Department of labor estimates that women will make up 48% of the workforce (Heatherfield, n.d., para. 6). As the number of women in the workforce rises so do the numbers of women who hold higher titles such as Chairman, CEO, Vice Chairman, President, Chief Operating Officer, Senior Vice President, and Executive Vice President. This number has increased from 7.3% in 2000 to 9.9% in 2002 (Diversity statistics, 2006).

Lesley Gillespie, the cofounder of Australia’s most successful bakery, Baker’s Delight, has shown many, if not all, of the traits required to be a successful entrepreneur, and is now on the BRW Rich Women 2015 list. In an equal partnership with husband Roger, her position as joint chief executive puts her on the list of a minority of business owned by women, especially in the 1980’s when Bakers Delight was opened. Though she has said that she has not faced many barriers to being a woman in business, apart from a few instances, a woman would likely not have made it to be so successful without focus, thinking of those around her, passion, self motivation and without being a hard worker, all of which are traits required to be an entrepreneur.

In today's world women are perceived in the workforce as either less qualified or arrogant uptight. "Approximately 40 percent of students in elite business schools are female, and it is particularly difficult for them to move up the career ladder. A study by the nonprofit organization Catalyst in 60 U.S. top companies indicates that among 500 directors there is not a single woman" (Sinitsa). From an article "Man's world refuses to take women seriously, even in 21st century" we are shown that more than Half of the female talent is are wasted. To allow the female population to grow will be beneficial that will slow the society to grow an advance. Women can be a perfect candidate in the workforce just as well as any

These women, although they lived in a third world country, have the skill and gumption to go into business for themselves, and “be their own boss”. In the United States, more women have the ability

Women make up half of the United states population according to the US census bureau, however women have been historically underrepresented in the business environment (7. US census). If women could overcome the challenges that seem to affect them in business they could become an integral part of the future workforce as it grows in many women based industries. What challenges could be holding women back from their full potential in the business world? The first part of my research question to be addressed that would allow an adequate understanding of the subject would be to find the challenges that specifically women as a gender group may face in business, I believe this will help to understand what effects they have on the challenges that African American Women(AAW) face. Although women owned business have been steadily increasing rapidly in growth in the US economy there are certain challenges that specifically African American women have been found to have to face that may hinder them from reaching the same potential afforded their male counterparts. In a journal writing written by the international labor organization(ILO) they focused on these challenges that women business owners face and some of these specific questions were addressed. (8 I.L.O)

They believe they will let their emotions get the best of them in the decisions they make when it comes to leading a huge money making business. They feel women are less risk takers and in the business world it’s all about taking risks. Even though this can bring about new ideas and much more stability for workers as a whole. The individuals sitting upon the board of shareholders look towards making the fast money, so they believe women won’t lead them to that goal. The main objective for corporations is to make financial gains and increase net worth. She stated, “Weak, emotional, hysterical, gullible, dependent, and poor at math are a few of the common negative stereotypes about women so corporate CEO’s are reluctant to place a female in a seat of great power within a company. Gender stereotypes are hard to break, and like it or not, we are all prone to engaging in stereotyping at one time or another. As a society, we need to continue to encourage people to go beyond stereotypes and recognize the contributions that each individual, male or female, can make to the workplace (Galarza,

Her Denver-based company, Pipeline, uses a combination of data, software and artificial intelligence to show companies the gain that will come from closing the gender equity pay gap in their own businesses. She founded it to say, “Not on my watch,” to gender inequities.

The increase in women in the workforce can be attributed to many women but a few that stand out are: “Mary Barra, CEO of General Motors, Margaret Whitman, CEO of Hewlett-Packard

The workforce is constantly inclining in it’s participation of women, and thus, affects the way the United States economy is displayed. In other words, women have a perpetually strong contribution to the economy. Taking this into account, sources from the “National Partnership for women and Families”, a nonprofit organization that concern policies and education that focus on women and families, confer facts for the wage gap concerning women. The organization reports that, “On average, women employed full time in the United States lose a combined total of more than $840 billion every year due to the wage gap” (“NPWF”). Nationally putting everything together and applying it to a single woman that is being affected, there is an “ annual gender

According to the Pew Research Center, women make up about half of all workers in the U.S. labor force and, of the mothers in the labor force, the majority are the primary source of income for their families. In 2010, 13.1% of women in the workforce were black, 4.7% % were Asian, and 12.8% were Latina. Women of color are increasingly becoming the main source of income in their families—53.3% of black households and 40.1% of Latino households.

Over the past forty years, women have looked at progress; they have measured it, counted it, and tallied it. In doing so, they thought that they were making headway. Women did not look at success assuming that success and progress were synonymous, but evidence of the progress was not an indication of success. Having a woman in a profession unleashed a veritable avalanche of hostility towards her, as a woman, an avalanche of misogyny. It is the same attitude that denied woman an equal place in the executive suite of their larger company, it’s the same attitude that denied her education and skills to life time earnings. It is the same attitude that says women can be equal, but they cannot have real power.

When looking at the statistics of women in the workforce, there are 57% of women working in professional occupations and only 25% of women working in computing occupations (Ashcraft et al. 2016). In addition, fewer women hold positions in software development or technological leadership. Therefore, men tend to be the prime community working on future innovations. From 1980 to 2010, 88% of all information technology patents are from male-only teams while women-only teams hold 2% of the patents (Ashcraft et al., 2016). In addition to women being underrepresented in leadership roles, it was also found that women made 61% less than men. This means that women have to work an extra five months to make the same amount as men in the same job and company (Aragon and Ashbaugh, 2015). After Damore’s memo came out, it upset many women working at Google. Lauren, a Google product designer whose last name was not included, argues that while Damore’s memo sparked important conversations within Google, it felt as an attack on powerful women (Kovach, 2017). Regarding Damore’s firing, Lauren explains, “If we don’t fire him, what message does that send to all women in Google? That it’s acceptable to alienate all the women at Google and say that they don’t deserve to be here?” (Kovach,

Over 50% of the work force is made out of women but women are usually under represented at every level in business corporation, but why is that? Stereotypes are part of culture and while men are seen as strong, independent and ambitious with strong achievement oriented traits women are seen as tender, understanding and most importantly as nurturers which leads to them being concerned with other.

Knowledge is available, but Susan McGalla knows how to share her story with a human, yet expert style. McGalla is a consultant for the company she started called P3 Executive Consulting, LLC. She counsels top leaders in the finance industry. Previously Susan managed over 3 billions dollars of revenue with another company. Her experiences climbing the ladder are numerous. Determination, willingness to learn, and thirst for knowledge are strong character assets She uses her talents to guide, market, and manage her clients especially women. She gives hope to women with pragmatic, business information. "Most women I speak with are seeking an authentic perspective that has practical application," says McGalla. "The buzzwords and party lines have become hollow to women who don't want to be targeted as women, but as

The most successful women entrepreneurs are those who "dream big"-they see themselves succeeding financially, managing large staffs and running businesses that have