Research shows women in tech often overlook bootstrapping, favoring other funding methods despite its advantages in independence and control. The lack of prominent female-led bootstrapped examples and fears of financial risk may contribute. Promoting success stories, mentorship, and the innovation potential of bootstrapping could encourage more women to adopt this strategy, helping bridge the gender funding gap in entrepreneurship.
Are Women Tech Entrepreneurs Overlooking Bootstrapping as a Viable Funding Option?
Research shows women in tech often overlook bootstrapping, favoring other funding methods despite its advantages in independence and control. The lack of prominent female-led bootstrapped examples and fears of financial risk may contribute. Promoting success stories, mentorship, and the innovation potential of bootstrapping could encourage more women to adopt this strategy, helping bridge the gender funding gap in entrepreneurship.
Contribute to three or more articles across any domain to qualify for the Contributor badge. Please check back tomorrow for updates on your progress.