Female Founders: Tips to Navigate Raising Venture Capital + Entrepreneurship

female Entrepreneurship

For female entrepreneurs, it’s no secret that raising money to build a business is tough. Often, being a woman in a male-dominated industry is an uphill battle. However, women everywhere are breaking barriers to prove they deserve equal opportunity and funding just as any other founder. 

Beyond learning to say no to the wrong opportunities, funding your startup or new business is crucial for growth. Whether the money comes from friends and family or a venture capital firm, access to capital isn’t created equal. Less than 10 percent of decision-makers at VC firms are women. Not only is the VC gender gap wide, but so are the deal stages and investments. Only about 3 percent of funding across the nation is put towards female-led companies. 

However, women aren’t letting this stop their passion or mission. There are many well-known female-led venture capital firms to look for. Some include Female Founders Fund, BBG Ventures, and Halogen Ventures to name a few.

For in-depth data and additional information on how to navigate this tough industry, check out Embroker’s guide all about female founders in venture capital. It covers leading metro areas for female-founded startups, how the data trends compare to mixed-gender companies, and specific VC firms that should be on your radar, and the value of investing in female-led startups.

As a female entrepreneur, there’s power in numbers. Seek mentorship, advice, or insights from other female founders who have gone through similar milestones. Everything from networking in your industry and building an ecosystem of support to breaking down your financials early on is important to reach success and achieve your mission. 

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How women can overcome the gender wage gap

Do you know women who work full-time earn .79 cents for every dollar a man makes? The gender wage gap debate is something economist long to resolve. In other words, a woman makes $39,621 dollars for a man that makes $50,383.To close a wage gap, we need more data on how the wage gap impacts women with different educational levels, different ages and work in different fields.

If you are a woman who doesn’t want to play the gender wage gap game, Fromgirltogirl encourages you to pursue occupations in science and technology versus business professions. More than less, women almost experience no pay gap in science and technology professions because those are self-directed occupations and offer more flexibility than a 9 to 5. In the business world, a woman has to either work a 9 to 5 or longer work shift. So for young women in college, pursue occupations in STEM ( Science, Technology, Education and Medicine). It will be worth the investment to get as much education in these fields in the long haul when you have to make hard choices on starting a family, managing family affairs and more later in life. Watch this video for more information:

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