For women, money represents not only purchasing power but also security and the ability to care for their families. Unfortunately, these attitudes around money are impacting the ability of female entrepreneurs to secure the funding they need to grow their businesses. Unlocking the potential of women-owned businesses represents a powerful opportunity for economic growth.” It’s time for female entrepreneurs to overcome the money taboo, ask for what they need and embrace what money can do. Women don’t askWe’ve seen the statistics many times; women don't ask for raises as often as men. Another study by Fundera revealed that female entrepreneurs who do seek funding ask for roughly $35,000 less than men do.
Source: Forbes February 17, 2019 21:00 UTC