Loans.org has compiled information from the Kauffman Foundation and LegalZoom in order to show how gender and age, along with education, were represented among entrepreneurs in 2012. It turns out, while women entrepreneurs tend to be more educated than their male counterparts, they only account for one third of last years’ startup owners. When it comes to finances, entrepreneurs of both genders relied heavily on their own funds rather than using business loans to start their companies.
While the information in the following infographic clearly shows that gender inequality remains a modern ailment in the world of business and startups, certainly both male and female entrepreneurs can agree on one thing: In the game of loans, you either win or you default.
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Co-founder and Vice President of SearchRank, responsible for many of the day to day operations of the company. She is also founder of The Arizona Builders’ Zone, a construction / home improvement portal.