Is starting a company straight out of school a good idea?
There are pros and cons. If I put on my lender’s hat, we do put a lot of emphasis on loaning to people who get management experience before they try to start their own company. But I think that young women today have a lot of confidence when they look out into the marketplace and see a lot of role models. A woman business owner is not the anomaly she might have been 20 or 25 years ago. Women are opening businesses in record numbers and with increasing success. Are there still impediments to their growth? Yes. I’d say the biggest one is the lack of access to information about how to get capital. There’s not a good understanding about how to go about accessing it. Why? They do a wonderful job of networking with other women and mentoring other women, but they are not in the same networking circles as male business owners. They’re typically not out on the golf course with their accountants and lawyers, so they’re not hearing about opportunities to raise capital. Also, many women manage the
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- Is starting a company straight out of school a good idea?
