Why is it so hard for female founders to gain access to funding?
By Rose Smith
27 May 2020
"We're in such a an empowering place where I think it is revolutionary to be yourself."
Gaining access to investors to fund a business has proven very difficult for many entrepreneurs. Alex Batdorf, founder of Get Sh!t Done explains that only 5% of entrepreneurs gain access to institutionalized capital, and of that 5%, only 2% are from women. It is hard to understand what it really takes to create your own company. When it comes to startups in general, only 17% of startups are founded by females, a number that has not changed in 6 years.
Alex sought out to change this narrative, and created Get Sh!t Done for women to have a platform to gain connections, knowledge through coaching and discuss all of the pain points of starting their own business. She needed to figure out a way she could give hundreds of female founders access to growth strategies and blueprints to enable women to grow their company strategically. Alex explains, “we glorify that there is a shift and an increase in all of these female founders which is exciting…but quantity to me is not important if we’re not giving them quality resources.” Alex feels once women have access to these resources, female founders can really grow their brand.
To learn more about Alex’s Mission with Get Sh!t Done, check out her website
Get Sh!t Done is accepting applications to its’ Accelerator Program, that helps female entrepreneurs build scalable businesses, gain and grow traction and to put them on a path to building a $1M+ business.
SHARE THIS VIDEO
DON’T MISS THESE VIDEOS
Refresh your morning routine with the health benefits of tea.
Thinking of jazzing up your home?
Wellness, Superfoods, & Starting Your Own Business w/ Trinity Mouzon Wofford of Golde
The Anti-Aging & Health Benefits of Collagen w/ Sally Olivia Kim of Crushed Tonic
Ending Peanut Allergies & Malnutrition w/ Navyn Salem of MeWe
Making Strong Feminine Jewelry w/ Katie deGuzman of K/ller Collection
Get our latest updates in wellness, culture, mission-led businesses, careers and more.
Skatewear, Style, & Shoes Anyone Can Wear w/ Jilleen Liao of Onto NYC
Creating the Perfect Bag for Modern Women w/ Coral Chung & Wendy Wen of Senreve
Celebrating Diversity Through Eyewear w/ Florence Shin & Athina Wang of Covry
Ending Sexual Shame & Closing the Pleasure Gap w/ Alex Fine & Janet Lieberman of Dame
Empowering Women of Guatemala Through Handbags w/ Alida Boer of Marias Bag
Making Responsible & Affordable Accessories w/ Abby Dubois of EACH Jewels
Following inspiration from across the world