Navigating the Start-up Journey for Women
Breaking Barriers and Building Success
"Women entrepreneurs don’t just break barriers—we build new paths. In SistaTalk, we’re not just running businesses; we’re reshaping the future of entrepreneurship, one bold move at a time."
Starting a business is never easy, but for female entrepreneurs—especially those in the SistaTalk network—the journey comes with unique challenges and opportunities. While many of us step into entrepreneurship with passion and purpose, systemic barriers often make the climb steeper. Yet, women in business have always found ways to innovate, disrupt, and succeed despite the odds.
Let’s explore five critical issues that female entrepreneurs in our community are tackling—and how we can continue to support each other in overcoming them.
1. The Funding Gap: Fighting for a Seat at the Table
Securing capital remains one of the biggest hurdles for women-owned businesses. Despite progress, studies show that female entrepreneurs receive a fraction of the venture capital that goes to their male counterparts.
Research from London Business School found that women are 63% less likely to secure venture capital funding than men due to deep-rooted biases. Even in crowdfunding spaces, women often struggle to raise the same amounts or receive favourable loan terms compared to male-led ventures.
So how do we bridge this gap?
Seek out women-focused investors and grants: More funding initiatives are emerging that specifically support female entrepreneurs.
Leverage alternative funding models: Community crowdfunding and peer investment circles can be powerful tools.
Champion financial literacy: Understanding how to navigate funding options puts you in a stronger position when negotiating deals.
2. Business Knowledge & Skills: Levelling Up for Success
Many women start businesses based on their expertise and passions, but scaling a business requires additional skills—financial management, strategic planning and leadership development.
A study by Northumbria University highlighted that female entrepreneurs often lack access to the same mentorship, training and impactful resources as men. The Cherie Blair Foundation found that gender stereotypes impact how women enter and grow their businesses, limiting their networks and financial opportunities.
What can we do about it?
Embrace lifelong learning: Online courses, business incubators and mentorship programmes tailored for women are game-changers.
Tap into our networks: SistaTalk is built on the power of shared knowledge—let’s continue to support and uplift one another.
Call out and challenge biases: By advocating for equality in business education and mentorship, we create pathways for the next generation.
3. The Power of Networks & Mentorship
Let’s be real—who you know matters just as much as what you know. Yet, studies show that women’s professional networks are often less powerful in terms of influence, impact and opportunities.
According to research from Leeds School of Business, mentorship bias means that male mentors tend to prioritise mentoring other men, leaving women with fewer high-level sponsorship opportunities. But we know that real change happens when women connect, collaborate and champion one another.
How do we strengthen our networks?
Create intentional networking spaces: SistaTalk is already a hub for women in business—let’s maximise it.
Reach out for mentorship and offer it in return: Whether through structured programmes or informal guidance, mentorship can change the trajectory of a business.
Push for inclusive industry events: Women must be present in key business discussions and decision-making rooms.
4. The Work-Life Balancing Act
Running a business while managing family, relationships, and personal well-being is an ongoing challenge. The reality? Burnout is real, and female entrepreneurs are at higher risk.
The pandemic magnified these struggles, with women taking on increased caregiving roles while trying to keep their businesses afloat. Studies show that stress, anxiety and mental exhaustion impact not only personal well-being but also long-term business success.
What helps?
Set boundaries and protect your time: Saying “no” is a business strategy.
Delegate where possible: You don’t have to do it all alone.
Prioritise mental health: Whether it’s mindfulness, therapy, or simply taking a break—your well-being is a business priority.
5. Confronting Bias, Microaggressions & Discrimination
It’s a tough truth: women—especially Black and Brown women—still face discrimination in business. Whether it’s being overlooked for funding, underestimated in leadership, or dealing with microaggressions in corporate and entrepreneurial spaces, bias remains an obstacle.
A British Business Bank report found that Black and Asian entrepreneurs experience lower median turnover and higher failure rates, despite their innovation and expertise.
So how do we fight back?
Demand fair policies: Business accelerators, investors and policymakers must be held accountable for diversity and inclusion.
Call out discriminatory practices: Whether it’s unequal pay, unfair funding practices, or biased networking spaces, awareness leads to change.
Support each other unapologetically: When one of us wins, we all win.
"Entrepreneurship isn’t just about having a great idea—it’s about resilience, strategy and community. For women in SistaTalk, every challenge we face is an opportunity to rise, innovate, and uplift each other."
Moving Forward
The road to success is never a straight line, but together, we can navigate the twists and turns. SistaTalk is more than just a network—it’s a movement of women supporting women, breaking barriers, and creating lasting impact.
What are your biggest challenges in business right now? Share your thoughts in the comments, let’s spark a discussion, and most importantly, let’s keep showing up for one another.
If this resonated with you, don’t forget to like, comment, and share this with your network. Let’s keep the conversation going!
