Why the student entrepreneurship industry needs more diversity
Students are creating businesses that will affect the future of their country.
So far, they’ve created over 20,000 jobs and helped save the country millions of dollars in healthcare costs.
But many are concerned that the industry is still too male-dominated.
And they say the lack of female entrepreneurs is hindering their careers and their dreams of becoming the next Mark Zuckerberg.
Here’s what you need to know about student entrepreneurship.
How are women working in the industry?
According to the United States Census Bureau, the number of women in the United Kingdom is still less than half the number that worked in the field in 2014.
The number of female undergraduates working in entrepreneurship has dropped from 5.4% in 2015 to 3.8% in 2018.
This could be partly due to a lack of funding and mentorship.
The industry also faces a lack in visibility and recognition in the media, with the number only recently surpassing that of venture capital funding.
In the United Nations, only 4.5% of its members have at least one female member, according to a 2017 report.
But these numbers don’t reflect the entire world, according the World Economic Forum.
More than 80% of women surveyed said they wanted to work in the financial services industry, according a 2017 study.
So even as the industry continues to grow, there is still much to be done to encourage more women to enter it.
“Women are still disproportionately underrepresented in the business community,” said Susan J. Levesque, executive director of the Association for Women Entrepreneurs and an associate professor at the University of Delaware.
“I believe that it is time for women to take ownership and to take leadership positions in the entrepreneurial community.”
In fact, Levesques research shows that women are far more likely to work on their own and less likely to be able to take on senior roles in a company.
But there are other factors to consider when it comes to the industry’s representation.
There are still a lot of hurdles that still need to be overcome.
For one, there are no data about how many women actually work in business.
And some research suggests that there are a few barriers to overcome in order to be successful in the sector.
While women in some fields may be more likely than their male counterparts to pursue entrepreneurship, it’s not necessarily the case in every field.
For example, women tend to be more prone to depression than men, and women in other STEM fields, like computer science, are more likely not to have completed a bachelor’s degree.
And even in fields that are predominantly male, like engineering, there can be an imbalance of power between men and women.
For that reason, the gender gap in entrepreneurship is largely unknown, according Levesquez.
“The research suggests there are certain types of men and certain types or women who are more comfortable working in that specific industry,” she said.
“In general, we know that there is a gender gap, but we don’t know exactly how much of that is due to social factors and how much is due in the fact that people are trying to be supportive and not just saying ‘No.'”
But it’s also worth mentioning that some female entrepreneurs, like Sarah Schulman, an 18-year-old student in Philadelphia, believe they are more successful in their own fields because they’re willing to take a risk.
“When I started my business, I was just a high schooler, and I didn’t have a lot, so I decided to just try something I really enjoyed, and that was start a company,” Schulmans said.
In 2015, she launched a food delivery company, called Food Truck, in her hometown of Philadelphia.
But it wasn’t until after graduating from college that she made the jump to entrepreneurship.
The company is still running in Philadelphia.
“You don’t really know what the future holds until you have an opportunity to do something, and for me, that’s food delivery,” she explained.
Schulmann said that when she launched Food Truck in 2015, it was “pretty ambitious and ambitious to think of what would happen when I started a business.
But I realized that I was pretty ambitious, and so I didn’ want to go through that again.”
“When it comes down to it, I think the more ambitious you are, the more confident you are in your vision, and the more you have confidence in yourself and in what you’re doing, the better off you are,” she added.
And Schulmen said that the women in her class were a perfect fit for the company.
“They are really into entrepreneurship, and they know how to navigate a startup environment, and it made me feel like I was in a position where I could really grow and grow and really push forward,” she concluded.
How can women and men work together in the marketplace?
The two main ways that women and women of color can work together to build companies in the U.S.