For women business owners to thrive, we need advocates more than mentors Leave a comment

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National Women’s Equality Day is celebrated every August 26 to commemorate the adoption of the 19th Amendment to the U.S. Constitution in 1920. That amendment Sharon Interview.jpgprohibits the denial by the federal government and the states of the right to vote on the basis of sex.

While more recently women have made great strides in the world of entrepreneurship, we still have a ways to go. I recently sat down (virtually) with Sharon Miller, Head of Small Business at Bank of America, to talk about how women can continue to thrive—even during this global pandemic.

The last time Sharon and I spoke all signs pointed to a strong 2020 for women business owners. Obviously, the coronavirus has dimmed that outlook, making it a challenging year for all business owners.

Women: Timing is never perfect to start a business – Just start

Rieva Lesonsky: Before the pandemic, were you seeing more equality when it came to women-owned businesses getting funding?

Sharon Miller: Our last survey of women busines owners showed access to capital for women had improved over the last decade. But, in that survey, nearly 25 percent of the women said, “We women will never have equal access to capital.” There’s still a perception among women that money is harder to get.



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