There are dozens of reasons for this, as highlighted in this eye-opening article from Lydia Dishman on Fastcompany.com:
- The family factor affects mothers more than fathers, research shows.
- Working mothers are viewed and more distracted and less productive, while working fathers are viewed as more stable because they have kids to support.
- Other entrepreneurs are additionally faced with cognitive biases and greater family conflict.
- Women founders face bias in their search for funding, they often start with about half the financing men do, and rely on personal savings and credit cards for seed funding.
The Kauffman report says, “Many additional challenges exist for mother entrepreneurs, including increased work-family conflict, cognitive biases, and lack of mentorship and social capital.”
Read the entire original article on Fastcompany.com: This Is Exactly How Hard It Is For Mom Entrepreneurs