15 Fascinating Resources for Female Entrepreneurs
As I like helping other entrepreneurs, I wrote a blog called ‘14 Powerful Resources for the Starting Entrepreneur’ earlier. I feel like I can help other entrepreneurs more. Therefore, I want to focus on female entrepreneurs today. It does not matter if you are just starting out or if you have been an entrepreneur for a while now. Us women need to stick together sometimes.
I will first explain the status of the female entrepreneur in Europe as well as globally. This way, you will know the relevance of such a list. I have compiled my list of resources by asking suggestions from my followers on Twitter as well as searching for suggestions online. The order of the list is as follows: 4 websites, 7 single blog posts, and 4 blogs.
Female entrepreneurs in Europe
According to the European Commission, women constitute 52% of the total European population. However, women constitute only 34.4% of the EU self-employed and 30% of start-up entrepreneurs. The EC suggests that female creativity and entrepreneurial potential are an under-exploited source of economic growth and jobs that should be further developed. It has found that when establishing and running a business, women face challenges such as access to finance, access to information, training, access to networks for business purposes, and reconciling business and family concerns.
The EC cites a study that has concluded that in total, female entrepreneurs constitute 29% of entrepreneurs (11.6 million) in Europe. Since 2008, there has been an increase in female entrepreneurs in the EU of 3%. Women represent the majority of one-person enterprises in the EU (78%). In addition, they prefer to set up businesses in the area of health, social work activities, services or education.
Female entrepreneurs globally
In 2013, the Global Entrepreneurship Monitor states that the previous year has seen a significant shift in the performance of female entrepreneurs. For the first time in 13 years, women are creating businesses at a greater rate than men in the nations of Ghana, Nigeria, and Thailand (3/59 surveyed economies). At the same time, they are performing on an equal footing with their male counterparts in Brazil, Uganda, Switzerland, and Ecuador.
These figures represent the growth of female entrepreneurship in emerging economies. There, legislative amendments and the development of equal opportunities are beginning to create positive and sustainable change. Emerging economies are beginning to benefit from this, both in terms of female empowerment and the distribution of wealth.
According to Investopedia, the drive to empower female entrepreneurs is having a significant impact on the global economy. Female business owners are now beginning to compete with their male counterparts. They create additional jobs, opportunities, and revenue in countries throughout the world. The rate of female-owned businesses in the U.S. has already soared by 54% during the last 15 years. Now, there is evidence that this substantial growth may soon be replicated in a host of developing and frontier markets throughout Africa, South America, and Eastern Europe.
The site also states that women who operate their own business are far less likely to be orientated by profit. They will also offer more flexible working arrangements and family-friendly benefits to their staff. In addition, there is evidence that women often boast more generative revenues and seek to reinvest their profits into education, social improvement, and local community projects. This has particular relevance in developing economies and regions. The willingness to reinvest will only help encourage more significant and sustainable growth over time.
Extra struggles but more reinvestment in our surroundings
In short, this means that us women are becoming increasingly more successful in running our business. This happens despite the fact that we face extra struggles. We also reinvest our profits into education, social improvement, and local community projects more than male entrepreneurs. Below is a list of online resources where female entrepreneurs can come together to share tips, experiences, and stories.
4 inspiring websites
Did you know that 47% of successful campaigns on Indiegogo are run by women? Get inspired by a few of these women-led campaigns!
The Female Entrepreneur Association is an online hub with the mission of inspiring and empowering women from around the world to turn their ideas into a reality, build successful businesses and live a life they love. It has blogs, stories, freebies, and a member section.
SheWorx is an international “collective of ambitious female entrepreneurs and change makers redefining the next wave of leadership.” If you are looking for fascinating breakfast sessions with other female entrepreneurs, this is your website.
Do not worry, if there is no SheWorx session near you, you can always look for other breakfast sessions in search engines or ask your local chamber of commerce about them!
Bond Street is a company in America that focuses on small business loans. It has dedicated a page to female entrepreneurs, on which resources are listed that offer funding, mentorship, information, or networks to female entrepreneurs and women business owners across the United States.
7 interesting single blog posts
You may have heard of prominent women like Oprah Winfrey and their best-selling books, but there are many other brilliant female entrepreneurs. This blog lists five must-read memoirs to inspire and motivate you to create the career of your dreams.
This blog shows the 20 cities in the world with the most female-launched start-ups. Is your hometown in it?
If you are in need of some inspiration, you can find it here! A role model is always good to have.
Apparently, women are motivated differently than men, and consider salary independent of (and to be less important than) satisfaction and social impact. Read it in this study.
An interesting read about the (perceived?) gender gap in entrepreneurship.
As shown, although more women are becoming entrepreneurs, they often face a set of challenges not typically shared by their male counterparts. To shed light on some of these disparities, female CEOs spoke with Business News Daily about the key challenges women entrepreneurs face and how to overcome them.
This blog lists five U.S. VCs that invest in female-led companies.
4 fascinating blogs
Entrepreneurial Orgasms is Leah Wald’s blog that “exists to challenge the status quo by maintaining authenticity while striving for greatness. I will share stories of orgasmic entrepreneurs that I admire and as well as my own musings on business, sexuality and personal growth. Dedicated to difficult and creative topics, EO dives into the funny, sexy, scary world of millennial innovation.”
2. Hundred Female Entrepreneurs
Update 4/9/2019: No longer online.
It is a digital party for female entrepreneurs! The design immediately looks great and professional, but that is not all. Its mission is to engage, educate and empower female entrepreneurs in both a carefully curated digital community and artfully designed workspace. It presents events, blogs, and shared workspace.
Even though the website does not clearly state its mission, you can see that it collects blogs on the topics of venture capital and inspiration. You can also become a member of the site. However, the website does not clearly state what benefits becoming a member brings you. An interesting part, however, is the events that it offers, where you can meet up with other women in business.
As an entrepreneur, it is always a treat to follow Entrepreneur.com. The best part is, it has a section completely dedicated to female entrepreneurs.
I hope that this list helps you in your business journey! An extra tip is to look for specific groups of your taste on social media platforms, such as LinkedIn and Facebook. Your local Chamber of Commerce can probably also help you with network tips.
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