How to Support Women Who Became Entrepreneurs out of Necessity

What happens when you find yourself unintentionally stranded in the world of entrepreneurship?

Sarah Armstrong
Marker

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Photo: Luis Alvarez/Getty Images

TThe Great Recession prompted a considerable increase in new businesses started by women entrepreneurs, particularly among women of color. This growth, termed the “New Women’s Movement,” illustrated the tenacity of women entrepreneurs and has for many reshaped the perception of women business owners.

“Millennial women entrepreneurs earn over 25% less than their traditionally employed counterparts. Interestingly, this disparity reverses when considered for millennial men.”

Despite this strong class of new women entrepreneurs during and immediately following the Great Recession, the gender gap in entrepreneurship persists, including among millennials. As a self-employed millennial woman, I see (and am told about) this gender gap regularly.

“Millennial women entrepreneurs earn over 25% less than their traditionally employed counterparts. Interestingly, this disparity reverses when considered for millennial men.”

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