Women in Entrepreneurship Challenges and Opportunities

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Women in Entrepreneurship Challenges and Opportunities

Women entrepreneurship has emerged as a matter of concern in the recent years. It lays stress on utilizing women’s leadership skills, decisiveness, and innovative ideas for economic and social development. Over the past years, there has been a rise in recognition and acceptance of women in leadership positions in the corporate sector. Leading conglomerates are appointing female CEOs; today, there are more women running Fortune 500 businesses than at any time in the past. As per data, there are more than 9 million firms in the USA which are owned by women, employing around 8 million people, and generating around $1.5 trillion in sales. However, in spite of all these developments, there are only a few companies where we can see women in top positions. Moreover, recent data suggest that there is huge gender pay gap in organizations, and female entrepreneurs are citing imaginary male co-founders for credibility and recognition. These examples suggest that gender inequality is still a big problem in businesses. Women are accepting entrepreneurship and are successfully leading businesses, facing and overcoming various challenges. They are properly utilizing various opportunities and prospects for accomplishing their own and their organization’s goals and objectives. Opportunities and Advantages for Women in Entrepreneurship A Diverse and Innovative Workforce


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