120 CLEARING THE HURDLES: WOMEN BUILDING HIGH-GROWTH BUSINESSES
is one of the most effective means of improving women’s economic
well-being. In 1998, women householders who had founded a business
had an average income level 2.5 times that of those women who were
wage earners, and their net worth was more than 6 times greater than
that of those without a business.
15
Do Women Have the Requisite Financial
Knowledge, Skills, and Experience?
Are the assumptions that women lack the appropriate knowledge,
skills, and experience to be good financial managers accurate? Is it rea-
sonable to believe that women aren’t good business managers because
they suffer from “math anxiety?” There is strong evidence that, for
decades, girls and young women did experience strongly ...