My Queue

There are no Videos in your queue.

Click on the Add to next to any video to save to your queue.

There are no Articles in your queue.

Click on the Add to next to any article to save to your queue.

There are no Podcasts in your queue.

Click on the Add to next to any podcast episode to save to your queue.

You're not following any authors.

Click the Follow button on any author page to keep up with the latest content from your favorite authors.

Ready For Anything

The Top Challenges Faced by Women in Business in 2018 (Infographic)

Women entrepreneurs continue to face more hurdles than male entrepreneurs today.
The Top Challenges Faced by Women in Business in 2018 (Infographic)
Image credit: Thomas Barwick | Getty Images
2 min read

From entertainment to tech, women continue to face gender-based challenges in nearly every industry -- and entrepreneurship is no different.

In a survey of more than 3,000 men and women entrepreneurs worldwide, 99designs uncovered the surprising number of challenges women entrepreneurs face in business compared to their male counterparts, with everything from raising capital to hiring employees.

Related: 4 Things Women Entrepreneurs Need to Know Before Approaching Angel Investors and VCs

According to the research, surveyed male entrepreneurs were twice as likely to raise $100,000 or more of outside funding for their startups than female entrepreneurs. Unfortunately, these numbers stayed pretty consistent when this survey was conducted last year. When women can’t get enough funding to launch their businesses, it affects nearly every aspect of their startups, including hiring employees, renting office space and setting reasonable work hours.

Related: These Female Entrepreneurs Created a Fake Male Co-Founder to Work Around Sexism. How Well It Worked Is Incredibly Eye Opening.

Whether it’s due to a lack of funding or lack of employees, women entrepreneurs (68 percent) are more likely than male entrepreneurs (48 percent) to run businesses out of their homes. They are also more likely to register as sole proprietorships than men (49 percent of women vs. 31 percent of men).

In the study, the number of women and men starting businesses in various industries was for the most part equal, with the same number of women and men entrepreneurs going into areas such as business consulting, marketing and PR, retail and media and entertainment. The majority of surveyed men and women also agreed that not asking for help, getting out of their comfort zones and feeling guilt for working too often were some of the top challenges of starting a business.

Related: How to Succeed as a Female Leader Anywhere In the World

However, despite these commonalities, women are still discriminated against and gender inequality continues to persist in 2018. To learn more about women in business this year, check out the infographic below.

More From Women Entrepreneur

Artificial Intelligence

There's a Massive Gender Gap in AI, but Tech Education Programs for Young Girls Aim to Close It

Iridescent, a tech education nonprofit, teaches women and girls about AI, tech entrepreneurship and more. So far, it's trained more than 114,000 people from 115 countries.
breastfeeding

How I Got My Employer to Acknowledge My Nursing Issue

Did you know there's a federal law mandating accommodations in the workplace for working moms?
Growth

How This Entrepreneur Learned to Find Feedback in Every Rejection

Polly Rodriguez's success didn't just happen overnight -- she has been building her business for years now.
My First Moves

This Founder Built a National Business By Helping Kids Get Into College

Neha Gupta's College Shortcuts helps kids and parents navigate the paperwork and stress of college admissions.

More from Entrepreneur

Corene Summers helps clients advancing their health, careers and lives overall through reducing stress, tension and optimizing sleep.
In as little as seven months, the Entrepreneur Authors program will turn your ideas and expertise into a professionally presented book.
Create your business plan in half the time with twice the impact using Entrepreneur's BIZ PLANNING PLUS powered by LivePlan. Try risk free for 60 days.

Latest on Entrepreneur