Over the past decade, women have been starting businesses at more than double the rate of men.
More than 300 000 businesses in Australia are founded by mums who are driven by a desire for more meaningful and flexible work arrangements. These women are highly skilled and highly educated with ABS data stating that women are more likely to hold a Diploma, Degree or Post Graduate qualification than men. Yet despite this, the success of women in business is not reflective in these statistics.
Why do skilled and educated women so often not succeed in business?
I believe there are five key challenges holding women back.