The Wright Village Blog
The Business Struggles of Women and Minorities
There is a significant disparity between women and minorities as business owners when compared to their white and male counterparts. There are a multitude of factors that have precipitated and continue to exacerbate this divide, but despite the inequalities that have prevented women and minorities from starting and operating businesses, both groups have been making progress.
4 Challenges Women Entrepreneurs (Still) Face in 2021
More women are beginning the venture of starting their own businesses than ever. If you ask the average American if they know a female small business owner, the answer is likely a resounding "yes." In this age of women empowerment, women are becoming braver and more confident in going after their career goals. However, there are still some significant challenges that women entrepreneurs face in 2021, not normally faced by their male counterparts.
Challenges New Black Business Owners Face in 2021
Starting a business in 2021 brings its own challenges, no matter who you are. Being a black business owner means having to navigate through challenges that white business owners usually do not face. Despite having to learn how to be a business owner, get customers, and make money, you also have to face bias, networking struggles, funding issues, and COVID-19, in a system that is working against you. Below are some of the struggles Black business owners face in 2021 and some suggestions for ways to work through them.