The Citizen (Gauteng)

Money isn’t pink or blue

WOMEN IN BUSINESS: GLASS CEILINGS, MISSED OPPORTUNIT­IES

- Munya Duvera

Women’s Month has come and gone again, with many of the old problems still alive and kicking hard.

First and foremost, business has no gender, race or age; only products and services offered to willing customers in exchange for a monetary value. But somewhere down the ages, a group of men decided that business belonged to them and so the segregatio­n of women from business was born.

Until this day, women worldwide are still regarded as inferior entreprene­urs to men. And even though a lot of effort has been put into addressing the imbalance, men still carry a chip on their shoulders when it comes to matters of business.

Unfair advantage

But if we were to be brutally honest, we would all agree that men have had an unfair advantage, which has helped them succeed tremendous­ly over women. Men need to understand that the system has worked and still does work in their favour. Businesses and people in general are more inclined to do business with a male over a female.

It is a dispositio­n that has been inserted into our minds that suggests a male can do a better job over a female. That assumption is incorrect and has caused most men to succeed. In fact, I would wager that 95% of male-owned businesses would fail if they did not have such an advantage.

Think about it: from a young age, boys are given preferenti­al treatment when it comes to exposure to financial matters. They are taken to the family business to get a feel of how things work, while their sisters are taking care of the house. And when the boys come of age, they are given a seat at the boardroom table far sooner than their sisters. Women have to work hard to prove they deserve a seat. Now if business is about who you know, and if a male is given a seat at the big money table, how difficult would it be for him to successful­ly launch and run his business?

It even goes as far as males being preferred heirs to the family business over females, even if the female is the first-born. All this speaks to a culture that assists one gender and negates another.

Business of business

Government­s and humanitari­an groups have pushed for reform and society has answered. But the issue still lies with men feeling entitled to do business as if they own it. Business is a profession, no one owns it; it is about products and services and not about men.

Men need to change their attitude towards female entreprene­urs. When a male sees a female entreprene­ur, he should not see a woman but a potential business opportunit­y – full stop.

 ?? Picture: Bloomberg ?? OLD BOYS CLUB. Hugo Boss management board members, from left, Werner Lackas, chief executive Bruno Saelzer, and Andre Maeder pose before a press conference in Metzingen, Germany. Despite the strides female emancipati­on has achieved, the upper echelons...
Picture: Bloomberg OLD BOYS CLUB. Hugo Boss management board members, from left, Werner Lackas, chief executive Bruno Saelzer, and Andre Maeder pose before a press conference in Metzingen, Germany. Despite the strides female emancipati­on has achieved, the upper echelons...

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