How has he done it?
Before jumping into reading the entire article, I'll give you a spoiler alert: Raider’s advice to aspiring [women] entrepreneurs is to, “Create a product that is unique, different, and better in some way, and make it easy to explain.”
Alicia Sheares’ research on Black tech entrepreneurship in Atlanta and Silicon Valley identifies additional barriers faced by Black women in the field due to negative assumptions about their abilities, signals that they do not belong, sexual advances, and distractions relating to their appearance and attractiveness.
These challenges for Black women are distinct from those reported by Black men and by white women.
For her presentation to the Clayman Institute, Sheares dug into her research on Black women.
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One influential voice pushing against the “anti-woke” tide is Cherie Blair, a leading British barrister and, most famously, wife of former UK Prime Minister (1997-2007) Tony Blair.
As a feminist, the 71-year-old international trade and human rights specialist is focused on what she sees as business’s systemic bias against women. “Business was built by men, for men, on the assumption that a lot of other things were being done by somebody else; (i.e.) women,” she says.
Blair compares female economic exclusion to an airplane flying with one engine; companies will eventually get to their destination, she says, but they would get there much quicker with two.
She concedes that philanthropic approaches can only go so far: Companies need to think harder about how women’s lived experience can be designed into their digital products and services. Her goal is to empower one million women entrepreneurs by 2030.
Learn more about Cherie Blair, her program and how she encourages women to back themselves.
Female entrepreneurs are on equal footing with their male counterparts in creating businesses with a societal impact. But there is still a colossal gap in startup funding between women and men who prioritize social issues alongside corporate profit. That is in danger of growing even larger as DEI policies are increasingly removed.
For many women entrepreneurs, the old saying rings true: When one door closes, another opens. Tariffs, changing corporate priorities, and economic uncertainty may shut down opportunities, but resilience and adaptability often lead to new paths forward.
Geri spoke with two CEOs—Karla Trotman of Electro Soft and Dee C. Marshall of Diverse & Engaged—who shared how their companies evolved in response to challenges. She also spoke with Carolyn Rodz, CEO and cofounder of Hello Alice, whose platform serves thousands of small businesses nationwide. Her observations, based on working directly with women entrepreneurs, add another layer to understanding how business owners can turn challenges into opportunities for growth.
As Geri concludes, "For women entrepreneurs, setbacks are not just obstacles. They are the turning points that fuel reinvention and drive future growth."
Read the entire article here.
This dashboard dives into US investment trends for women startup founders over the last 16 years with data on deal counts and capital raised by state, industry and stage, and featuring select female-founded startups and firms. The data is sourced from the PitchBook Platform and will be updated monthly.
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