Men vs Women Entrepreneurs – “Not Much Difference”

by Lynnea Bylund on October 29, 2010 · 15 comments

There’s been a lot of controversey about the disparrancy of women entrepreneurs, being fewer than men, in technology and what’s behind this problem—or if it even is a problem. Many experts have weighed in on the differences between male and female business promoters, one expert decided to investigate.

Former entrepreneur-turned-academic Vivek Wadhwa, over at TechCrunch, acessed the backgrounds of over 650 startup tech industry founders, as well as nearly 550 founders of businesses in other fast-growing sectors. “Our research focused on successful startups—those that had made it out of the garage, had employees, and were actually generating revenue,” writes Wadhwa on TechCrunch. Here’s what they found:

From Small Business Trends

The average age of a successful tech entrepreneur is 39; for other high-growth companies, it was 40. Overall, company founders were typically married; had two or more children; had six to 10 years of work experience.

That dispells some myths about tech startup founders in general (they’re not all college students or single twenty-something men), but Wadhwa also wanted to take a closer look at male vs. female founders. He enlisted Joanne Cohoon of the National Council of Women in Technology (NCWIT), whose analysts assessed the data. The result? There was almost no difference between men and women company founders.

Both had an equally strong passion to build wealth.

Both started their companies to capitalize on business ideas.

Both enjoyed the culture of startups.

Both were tired of working for a boss.

Both had a long-standing desire to own their own businesses.

Their average ages at startup were the same.

Men and women were equally likely to have children at home when they started their businesses. (However, men were more likely to be married.)

One difference: Wadhwa found that women got slightly more funding than did men from business partners. (You can read the full results in Are Successful Women Entrepreneurs Different from Men?)

Now, while Wadhwa didn’t find differences between male and female tech founders, he does emphasize that there is a real shortage of women entering technology. “The imbalance between the sexes … is increasing over time,” he writes. Among the discouraging realities: The percentage of computer science students who are female has dropped from 37 percent in 1985 to 19 percent today; just 1 percent of high-tech startups have a woman as CEO.


1 JohnJ November 18, 2010 at 10:47 am

I think women make better entrpreneurs, statistically.

2 Clarinda Rowley January 4, 2011 at 10:38 pm

Wonderful explanation on the differences and similarities on male and female business owners.

3 Kombi Tamiri February 1, 2011 at 7:28 pm

The article is great, I got the idea! Women are better entrepreneurs! LOL

4 Freita Wallace February 9, 2011 at 4:58 pm

When it comes to business, the difference between sexes is negligible.

5 Dee Boyden February 14, 2011 at 7:09 am

This blog appears to get a large ammount of visitors. How do you advertise it? It gives a nice individual spin on things. I really liked the breakdown of men vs women in business!

6 Julian Albang February 14, 2011 at 7:04 pm

Youre so cool! I dont suppose Ive learn anything like this before. So good to seek out somebody with some original ideas on this subject. Men and women promoters are NOT much different!

7 Destra Vado February 17, 2011 at 10:42 pm

I have found much difference in the management style between the sexes, which is why I prefer NOT to work for a woman, thank you very much!

8 MP John February 18, 2011 at 3:48 pm

I find that women in business startups are more calm and focused.

9 Ethelene Boers February 24, 2011 at 8:11 am

My personal experience is different – I have found a broader difference in male and female entrepreneurs.

10 Canada Roberta April 4, 2011 at 9:36 pm

Your page is so fantastic! You sure do know how to keep your audience entertained. Im so glad that I took the time to look at this men vs women traits blog post, because let me tell you, not a lot of people know how to balance knowledge of a subject and content.

11 Jeffery Nightlinger April 8, 2011 at 10:40 pm

I wish to express my passion for your kindness in support of all those that must have guidance on this important theme. Clearly there IS a profound difference between successful female and male entrepreneurs. Thank you for this! JN

12 Frisbee Man April 9, 2011 at 2:52 pm

Needed to compose you the little bit of observation to help give thanks again on your nice things you have featured above. This has been really strangely open-handed of people like you to offer publicly what a lot of folks would have offered as an e book to make some dough on their own, notably given that you might have done it if you ever considered necessary. These pointers likewise worked to become a easy way to be certain that other people have the identical dreams similar to my personal own to find out great deal more around this problem. I think there are a lot more fun moments up front for many who scan through your site.

13 Christopher Rahr April 28, 2011 at 4:18 am

I REALLY liked your post and blog! It took me a minute bit to find your site…but I bookmarked it. Would you mind if I posted a link back to your post?

14 gry dla dzieci April 28, 2011 at 10:35 pm

If you are open to having a guest blog poster please reply and let me know. I will provide you with unique content for your blog, thanks.

15 restauracje Poznan May 4, 2011 at 7:52 pm

There are some interesting closing dates on this article but I don’t know if I see all of them middle to heart. There is some validity however I will take maintain opinion until I look into it further. Good article , thanks and we want extra! Added to FeedBurner as well

Comments on this entry are closed.

Previous post:

Next post: