Some Facts About Women in Business
Since mentoring many small business hopefuls I’ve come to realize a very disturbing fact. Many very bright and hopeful female entrepreneurs have crossed my office threshold with the mistaken idea that just being a woman gives them an advantage over their male counterparts. Sadly, this is not as true as we’ve been led to believe. Certainly the female population of today is much better off than their mother’s or grandmothers, but obtaining financial support/loans isn’t viewed by bankers any differently than it is for male entrepreneurs. A myth has been circulating for years that has led entrepreneurs to believe that women-owned and minority-owned businesses can obtain loans easier. Unfortunately, that is only a myth. If your entrepreneurial dream requires a bank loan, the process isn’t any easier if you’re a woman or a minority. The only slight advantage is that there may be additional lending sources available if you’re in either of these categories. But you still have to sell