The “old boy network” is alive and well in 2019, and still difficult for women to access.
Women should strive to support other women individually – but most often communally – to make further inroads in leadership capacities so they in turn can support other women in leadership capacities … and so on!
Just 40% of all American entrepreneurs are women, according to the 2016 Kauffman Index of Startup Activity.
According to the recently released Women in the Workplace report by McKinsey & Co. and the Lean In Foundation, women start losing ground almost immediately upon entering the workplace. In entry-level positions, the ratio of men to women is 54% to 46%. Just one step up the ladder, at the manager level, the percentage of women falls to 37%.
Women may network less because they resist asking for favors, even those as small as an introduction to another person. They may not see the potential benefits as much as the perceived barriers. A network can provide knowledge from the collective group, help with problem-solving, and provide guidance and support .
Among women who are willing to network, some opportunities may be missed because they do not see an immediate value in certain connections. “Be open-minded about who can and will be in your network. You do not need to be selective. There are often benefits you cannot predict,” says Dr. Eileen O’Keefe, Clinical Associate Professor and Director, Health Sciences Program, Boston University .
It seems that mentorship can actually help businesses stay afloat for longer.
80% of Entrepreneurs with a mentor were still in business after a year, since of those who did not have a mentor, just 75% were still in business after a year.
Date: February 22 at 11:30am MT
Location: Longmont Experience Building, 473 Main St, Longmont, CO 80501
Ticket price: $15 – Register Now ($20 at the door)