Ignite. Excite. Empower.

Entrepreneur Gender Gap Widens

2015-07-05 |

Category: Ryan

According to The Wall Street Journal, (May 14, 1015) businesses opened in America by women dropped 40.7% in 2014. Men opened 337,000 businesses in America in 2014, up 21% from 2013; in contrast women opened 196,00 businesses in 2014, the same as in 2013. Possible reasons are fear of failure and lack of confidence in one’s capability to be an entrepreneur. Approximately 34% of women fear failure, while only 25.6% men do, according to the 2014 U.S.GEM survey by Babson College. Also, only 45.9% of US women responded that they had the capabilities to be entrepreneurs; 61% of men felt they had the requisite capabilities.

Share this: