As we celebrate International Women's Month, it's important to reflect on the challenges faced by female entrepreneurs and the pivotal role male (and female) allies play in their journey towards success.  

In today's dynamic business landscape, fostering an environment of inclusivity and support is not just a moral imperative but a strategic advantage.  If for no other reason, the case for allies to support female entrepreneurs just makes for good dollars and cents! 

Some of the greatest challenges faced by Women Entrepreneurs: 

1. Access to Funding: 

In Canada, women-led startups account for approximately 17.5% of all private-sector businesses but received only 2.3% of total venture capital (VC) funding worldwide in 2020 

This disparity highlights the challenges faced by female-founded companies in accessing VC funding compared to their male counterparts. Despite receiving significantly less capital, women-founded ventures often generate more revenue than male-founded companies.  

For women, especially those classified as high-achievers, changing careers is critical to their success as leaders. McKinsey reported that since 2015, the number of women in the C-suite has increased from 17 to 28 percent.

As one navigates through the complexities of altering career paths, it’s essential to recognize pivot points. That is a critical juncture mandating informed decisions to align future opportunities with personal growth and professional aspirations.

Embarking on a career transition requires an inner desire for change. Profoundly personal and often complex, these motives are the compass guiding your career journey.