A recent study commissioned by Dell named the U.S. as having the most favorable environment for women entrepreneurs. However, it also identified the significant gender barrier that still prevents them from reaching their full potential.
U.S. start-up culture suffers an image issue, with media constantly perpetuating the notion that successful entrepreneurs are overwhelmingly male. This portrayal creates an inferiority complex among women and discourages them from starting businesses.
This is a vicious cycle, leading to the lack of a professional network that can support more female entrepreneurs. It’s remarkable that only 4.6% of CEOs and 19.2% of board members are women. What we need are role models to inspire and mentor them.
Fortunately, BoardList, which I wrote about earlier, is one initiative seeking to change this. We’ve made progress these past years – but there’s a lot more work to be done.