Women entrepreneurs have to work harder

So here’s a fact that we probably instinctively knew already - women entrepreneurs have to work harder than their male counterparts to make a success of their businesses. According to a Centre for Entrepreneurship study, almost one in five women say they lack the technical knowledge required for their business compared to only one in 20 men - meaning they have to learn as they go. And, a quarter of women entrepreneurs say they don’t have the networks necessary to build their businesses, while fewer than one in ten men say this is a problem. But these challenges are no longer barriers to success, if anything it makes women entrepreneurs more resilient, more open to learning and collaborating, and more tenacious. And here’s the good news from the study - in a marked contrast to normal pay structures, it would seem women entrepreneurs in their own businesses take home twice as much pay as the men.