What traits make a successful entrepreneur? My class concluded that it takes drive, perseverance, self awareness, creativity, etc. The chances of becoming a successful entrepreneur are very small and so is the number of females in the business field. Why is that? A study was done and out of 549 successful entrepreneurs only 8% were female. Further more, there are only three companies on the Fortune 1000 that were founded or co founded by woman. The two most popular reasons for there being more men in the workforce is that men have easier access to bankers, venture capitalists, and private equity and second, woman are more devoted to family and have less time to start a business.

I think that is a total stereotype and there is no excuse for the lack of female entrepreneurs. In this day in age, gender should no longer be a factor in business. Female entrepreneurs such as Oprah, J.K Rowling, Estee Lauder, and Debbie Fields are four of the ten females who are self made billionaires. The other 1,121 billionaires in the world are men. Other possible reasons for male dominance in the business field is that traits such as stubbornness, competitiveness, and risk taking are key to being an entrepreneur. Im not saying woman don’t possess these traits but men tend to be more risk takers than woman which may be a big part of the reason why there are so few female entrepreneurs.