What's the Difference Between Men and Women Business Owners?

I've been watching The Apprentice and Donald Trump divides the teams into men and women so we can see their different motivations and leadership styles.

The Gap Between Men and Women Seems to Be Closing

Both genders mention the same motivations according a recent study by the Kauffman Foundation for Entrepreneurship.

Men and women business owners

• Had an equally strong passion to build wealth.
• Started their companies to capitalize on their business ideas.
• Enjoyed the culture of startups.
• Were tired of working for a boss.
• Had a long-standing desire to own their own businesses.
• Were about the same age when they started the business (approx. 40 years old).
• Were equally likely to have children at home when they started their businesses. (However, men were more likely to be married.)

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Here are some differences

• Prior experience was more important to women than men.
• Women were twice as likely as men to secure their funding from business partners.
• Mentoring is extremely important to women.and they valued their professional and business networks.

I'd love to hear your comments.

Comments

[Cindy Morris]

Hi Linda!
I always enjoy reading your newsletters and blog posts. This one really caught my eye because I think there is QUITE a difference between men and women in business. After interviewing over 20 women in business on my cable TV show, Priestess Entrepreneur: Kitchen Table Conversations (which you can watch online at PriestessTV.com, I see a recurring theme: low self-worth, undervaluing services and then not charging enough,and struggling with raging codependency, which adds to the inability to ask for and receive help. These obstacles are WAY more prevalent with women than with men.
The more we talk about these issues the more opportunity women have to engage with good coaching to help them move through the struggles to more success in business and the business of life.
I really appreciate the work you do in the world and the arena you provide for women to gather to talk business!
As the show grows I would love to interview you.
Cindy Morris, msw
Priestess Entrepreneur

[Linda Hollander]

Hi Cindy,

I agree with you totally. Mindset is so important in women's business success and I do spend lots of time with women getting them to play bigger.

Great observations!

[Fash cash loan Philippines]

For me, there is no difference between men and women when it comes on business opening your own business is an exciting venture. One of the first things you should do to ensure your success is write a business plan.

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