Women are used to juggling multiple tasks at anygiven time: balancing the checkbook, making dinner, talking to a friend and taking the kids to soccer practice all manage to get done in the limited hours after work. We’re used to working long hours with little to no compensation in our households. We know how to run a team (or family). So is it any wonder that in 2009, there were 10.1 million firms in the US run by women? And these firms employed 13 million people? Women, it seems, are running neck and neck with men in the entrepreneur race.
Does Entrepreneurship Come Naturally?
There’s a theory out there that women have different wiring that makes it easier for them to be entrepreneurs–and successful ones. While, as a gender, we tend to err on the side of caution, that doesn’t actually make us less inclined to start a business. In fact, it makes us more likely to be successful at it. Unlike men, who tend to ask for double the amount of funding they need from investors, women ask for exactly what they need, and make do with less funding, which means they have less equity tied up with investors.