Barriers to Female Entrepreneurship
What are the Barriers to Female Entrepreneurship
: From the beginning, women are considered inferior to men in lots of ways. This is the reason why they are often discriminated in several aspects. They are also not allowed to practice their rights to education, politics and any social activities. But now that we are in the era where woman is already equal to man, everything has changed.
Women can also do the work of men and they are also permitted to participate in the affairs of the society and politics. In terms of business, there are also already women who are taking the lead. But sometimes, barriers can still not be avoided.
Even though the discrimination among women has already been gone and abolished, their struggle in proving that they can change the world does not end yet. This is totally evident in the sense that there are still barriers they face in order for them to be successful entrepreneurs. These barriers can sometimes be personal and societal.
What are the Barriers to Female Entrepreneurship?
In the personal aspect, studies show that the number one reason why women fail to go on with their chosen business is the leisure gap. Aside from her duties and responsibilities in the business, she is still bound to perform household chores. Female entrepreneurs consider this as one of the most challenging parts because she really needs to make use of her time well.
Yes, it seems like there is no more gender discrimination today but there are still some that left. Glass ceiling is a term which describes the restrictions of the society against female entrepreneurs because of gender. Studies show that men earn higher than women, which is quite unfair on their part.
Other forms of roadblocks that females face at the course of starting up their business are as follows: difficulty to make time for business necessities and measures, lack of forcefulness and existence of the glass ceiling.
Time is a very important factor in business but when the duties of a female at home and at work collides, she needs to sacrifice one thing and that is the business because family still matters the most. For women who would like to go on with their business, they just get a nanny to take good care of their children. They also lack forcefulness in a sense that they sell their products at lower prices for fear of driving customers and potential buyers away. This barrier is in accordance with the research of the Small Business Bible. As compared to men businessmen, the society got used to the idea that it is alright for them to charge higher on products than what women entrepreneurs should do. Even though the world is in its modernity already, CNN reported that glass ceiling is still dominant in some parts of the United States in a sense that men can easily start any kind of business as compared to women.
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