I want never gets.
That’s what I was told as a kid.
Now I’m an adult, I disagree. You need to want something; really want something before you can actually get it.
The only thing is, apparently if you really want something as a woman, you don’t get it anywhere near as often as the men in this world. That’s wrong.
The guys at Fundera, a business lender marketplace with a focus on small business loans, recently released this infographic.. It basically says that women get less money than men to finance their start-up businesses. Not only that, when they do get money, they get less and on worse credit terms. That’s also wrong.
Women don’t ask for what they want and therefore, why should they get it? Call it tough love ladies, but why should we wait for people to give us what we actually deserve when we can influence this. We need to know what we want and tell people why we deserve it.
It happens in the glamorous world of LA where the streets are paved with gold; but it would appear that how much gold you get is dependent on whether you’re male or female, and whether you ask for it or not. Good old Jennifer Lawrence, every girl and boy’s not-so-secret crush, opened up about the Hollywood pay gap just a couple of weeks ago. It was only through the Sony hack that she realised she was being paid so much less than her male counterparts. Jennifer tells us that wanting to be liked was one of the reasons she didn’t fight for more money. She’s right, that’s ridiculous, are we really not going to be liked because we are assertive and ask for something we want or more importantly, probably deserve?
I also know from personal experience, that about 80% of the time that people asked me for a payrise, they have been men.
Another thing I was told as a kid was ‘fake it until you make it’. This was much better advice. So many people, lots of them women, suffer from imposters syndrome. I know I feel like an imposter at least 50% of the time, but do you know what, I’m going to carry on being an imposter until someone finds me out. It’s sad that as a woman you need to think ‘how would a man think?’ As a feminist, that feels wrong. But what I would say is that we need to believe that we are worth it, otherwise why should anyone else believe it? Until the world catches up where companies remuneration packages are based on performance rather than negotiation, we’ve got some work to do.
The stats around the loans along with Jen’s blog reminded me of a video I saw last year. I’ve never forgotten it and show anyone that will listen. It was for the IPA Women of Tomorrow awards and Campaign magazine. I’d never thought before about how men and women think differently about things. Yeah, I’ve read ‘Men are from Mars, Women are from Venus’, but this video really stuck out for me.
What’s clear from that video is that women approach things differently. They don’t push as much as men. They think more about the feelings and the emotional impact than men. I think that’s one of the biggest reasons women don’t get the money they want and need when they start their own business.
October is Women’s Small Business Month. As a woman, and as a small business, I suggest that we all take head, forget what our parents said, and say I WANT IT. I want more money. I want more respect. I want equals and I want success.