The Global Entrepreneurship Monitor should take into consideration the social challenges that women face in their communities when measuring their successes and/or failures against men. Apart from the inequalities they experience in their daily lives, social problems which they experience at an early age, including forced marriages and teenage pregnancies, often have a negative impact in their lives when they become women. They need to be properly educated in subjects such as mathematics, science, computer literacy, communications and public speaking
The latest Global Entrepreneurship Monitor shows that in South Africa men are 1.6 times more likely to succeed as business owners than women.
This shocking statistic is reported to be a particularly South African phenomenon. Amongst other things, it appears to be related to low levels in self-belief amongst women that they have the knowledge, skills and experience to start and succeed in business.