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Are Male and Female Entrepreneurs Really That Different?
Interesting question...don't you think? This study was actually done in 2007 by the Small Business Adminstration.... do these statistics still apply in 2009?
• Men had more business experience prior to opening the business and higher expectations.
• Women entrepreneurs had a larger average household size.
• The educational backgrounds of male and female entrepreneurs were similar.
• Women were less likely than men to purchase their business.
• Women were more likely to have positive revenues
• Men were more likely to own an employer firm.
• Female owners were more likely to prefer low risk/return businesses.
• Men spent slightly more time on their new ventures than women.
• Male owners were more likely to start a business to make money, had higher expectations for their business, and did more research to identify business opportunities.
• Male entrepreneurs were more likely to found technologically intensive businesses, businesses that lose their competitive advantage more quickly, and businesses that have a less geographically localized customer base.
• Male owners spent more effort searching for business opportunities and this held up when other factors were controlled for.
Seems to me they didn't recognize the fact that women, in my humble opinion, are better networkers than men... or maybe we just go about it differently. Women know how to make connections and build relationships by joining networking groups, like the National Association of Women Business Owners, or The National Association for Female Executives. Women like to meet/connect with clients and potential clients for breakfast or lunch while men are more likely to make connections on the golf course or over a scotch and soda.
What do you think? What have you experienced?
• Men had more business experience prior to opening the business and higher expectations.
• Women entrepreneurs had a larger average household size.
• The educational backgrounds of male and female entrepreneurs were similar.
• Women were less likely than men to purchase their business.
• Women were more likely to have positive revenues
• Men were more likely to own an employer firm.
• Female owners were more likely to prefer low risk/return businesses.
• Men spent slightly more time on their new ventures than women.
• Male owners were more likely to start a business to make money, had higher expectations for their business, and did more research to identify business opportunities.
• Male entrepreneurs were more likely to found technologically intensive businesses, businesses that lose their competitive advantage more quickly, and businesses that have a less geographically localized customer base.
• Male owners spent more effort searching for business opportunities and this held up when other factors were controlled for.
Seems to me they didn't recognize the fact that women, in my humble opinion, are better networkers than men... or maybe we just go about it differently. Women know how to make connections and build relationships by joining networking groups, like the National Association of Women Business Owners, or The National Association for Female Executives. Women like to meet/connect with clients and potential clients for breakfast or lunch while men are more likely to make connections on the golf course or over a scotch and soda.
What do you think? What have you experienced?
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© 2009 Created by Eydie Stumpf on Ning. Create Your Own Social Network
