Women and Tech – a match not made in heaven?

Twitter
Visit Us
Follow Me
YouTube
YouTube
LinkedIn
Share
Instagram

Disclaimer – I have a few friends in good positions in large scale tech organisations.

I read some interesting stats at dreamhost.com

Step inside any office, and it’s easy to see that most aren’t staffed to be gender equal. Want some more dismal data on the disparity?

  • Only 25 percent of computing jobs are held by women. This is a number that has been on a steady decline for years.
  • The turnover rate is more than twice as high for women than it is for men in tech industry jobs — 41 percent versus 17 percent. Fifty-six percent of women in tech are leaving their employers mid-career. Of the women who leave, 24 percent off-ramp and take a non-technical job in a different company; 22 percent become self-employed in a tech field, 20 percent take time out of the workforce, and 10 percent go to work with a startup company.
  •  From 1980 to 2010, 88 percent of all information technology patents were by male-only invention teams, while 2 percent were by female-only invention teams. So essentially, the technology being created for a widely varying and diverse population is formed by a generally homogeneous group. Not ideal.
  • 12 percent of engineers at Silicon Valley startups are women. Only 11 percent of executive positions at Silicon Valley companies are held by women.

Women are being passed over at the top too. Only 5 percent of leadership positions in the tech sector are held by women; they make up only 7 percent of partners at top 100 venture capital firms. And their growth is delayed: More than 30 percent of women over the age of 35 are still in junior positions. In fact, women are far more likely to be in junior positions than men — regardless of age.

When I came back from USA and started my own business back in 2011, in a Tier 2 city, I got myself attached to a women entrepreneurs group. I wanted to be in the company of like minded women. I started attending the women entrepreneurship forums, where they discussed business with tea coffee and snacks.

As far I can remember, there were women who were in herbal life business, herbal products business, Amway business, bakery business, schooling business, clothing business, shares business and even though I had a tech background, I had decided to venture into the handbags business.

Over period of time I developed good friendship with 3-4 of them. Those days, Alibaba.com was getting introduced in the Indian market. I threw in the idea of 4 of us investing in alibaba.com and start exporting Indian made goods. Three of them invested 30 k each and I invested 15k + my infrastructure (office, phone lines, internet etc).

One of them was supposed to do the sourcing (finding vendors who had export quality products), another was supposed to look into the finances, one was supposed to be the negotiator between the vendor and the buyer and I was supposed to find leads on alibaba.com and complete the sales process if it happened (unfortunately none happened).

Now that I look back, none of the other three partners understood the business model I proposed back then, even though I had given an overview. From their perspective I was supposed to do all three tasks myself, bring the lead, find the Indian vendors for the product and complete the sale process after negotiating with both. (Relationships can be tricky.)

Well, to proceed the story further, I started to get many good leads from Alibaba.com but I could not multitask and form relationships with Indian vendors and therefore wasn’t able to complete the sales cycle. So I started calling these other women entrepreneurs to come up for meetings and discuss future course of action.

When one of them showed up, ( 40+ year entrepreneur with huge experience of working with variety of people and selling Amway products), I asked her to look into the leads online by logging onto the alibaba account and try sourcing those products within India.

One could say that the whole business model was flawed but I want to bring your attention to women and tech. When I asked my fellow partner to login to alibaba.com, she started crying. I had looked upto her as a very successful entrepreneur and negotiator (she could no complex calculations in her head without a calculator) but when she started crying, I was taken aback. Not that I judged her for not being computer savvy but I realised how THREATENED a computer made her feel. She was able to use the smart phone very easily but when it came to logging on to a website for conducting business, it scared her.

She said to me that she had an intention of learning but fear gripped her every time she got to it. We all have our vulnerabilities and when we are exposed to a slightest signal of going in that direction, we break down.

For me, starting the new eLearning business has been the same. It froze me sometime, so much so that even doing my normal chores was impossible at times. When we get into entrepreneurship, it is a RISK that very few take and we expose ourselves to our own demons that we promised to keep buried forever.

When we are employed, these demons don’t show up, infact, we find more and more reasons to feel good about ourselves.

But, NO PAIN NO GAIN. To grow in life we cannot avoid taking RISKS and on the other side of RISKS is a DREAM LIFE that only a handful will live.

My desire to live that dream life far exceed my fears that paralyse me at times.

Not just women, I have also seen men get paralysed with he thought of technology. Many business owners outsource their technical portions to other companies and pay huge amount for it and still stay DEPENDENT on them.

But TECH is a friend just like Facebook is. It has been reaching out to you forever. Its now time for you to reach out to it, make friendship with it and embrace it.

Twitter
Visit Us
Follow Me
YouTube
YouTube
LinkedIn
Share
Instagram

Are You The Entrepreneur Kind?

Take The Quiz To Find Out!

Do you need business documents templates that i have used for 2 years now?

Paycheque to invoices startup kit.

download now.

easy 1 lakh per month biz guide.

Download now.

post corona business guide

Sign up for newsletter

Mind

Consistency At Play

Last night I recorded this podcast at 2:24 am I was just done creating a email automation sequence for the client and I was determined not to stop work until that is done. As a ritual, I record podcasts only after I am done with my day's work. Now had it been my old...

Post Covid – Make Your Life Count.

Couple of days ago, I was coaching someone to start their business from home. She was in Columbus, Ohio. She is still working 10 hours every day but she is looking for freedom, not only freedom to work from wherever she likes, but the financial freedom too. During the...

The Mask of Multitasking and Procrastination

Multi-tasking is a myth. Procrastinating is a myth. No one can multi-task and no one is a procrastinator. Multi-tasking stems from the fact that somewhere we felt inadequate growing up, we were not enough the way we were and then we started to wear the mask of...

How To Be a Happy Entrepreneur

You are not frustrated at your job because you have too many things on your plate. You are frustrated because your job is not giving you the platform for exponential growth that you deep within so desire and so deserve. Just knowing this difference will motivate you...

The Kind Of People You Should Hang Out With

When you think about starting a business, the first thing that any of your family and friends will tell you is BIG NO! For them starting a business is equivalent to suicide or taking drugs or going on a solo trip. Imagine someone who has never attempted a business...

Episode 18: How I Process Pain While Working

There are some days in life when no matter how much you try to be happy, circumstances and situations combined with your old conditioning do not allow you to be happy. They say that you should respond and not react but what do you do when you don't know how to...

Taking a Break With Children or Like Children (Benefits)

In this podcast episode 17 I talk about why its important to take a break with children or like children multiple times a day. With an adult you would normally discuss polarising topics such as politics, corona, economy, job market and you would end up getting to a...

IKE Cover That Every Employee Turned Entrepreneur Hides Under

Stats have indicated that 95% new businesses fail in their first 5 years of their inception and the only reason they fail is because they want to learn their own lessons. They don't want to learn from others mistakes. Specially Employees who turn entrepreneurs are...

The Myth Called “Massive Action”

I fell for this trap called Massive Action decades ago when I was taught that hard work is the key to success. And when I got success because of hard work, I started believing in this myth even more. Until in 2011 when I started my first business and I took MASSIVE...

STOP Spending 16 Hours Working On Your Job

✅ Imagine you and your spouse have been married for 10+ years. ✅ One day you come back home 🏠 and you tell your spouse, that you will only be providing him/her with basic necessities like food 🍛, shelter and clothing 👚👕👖👗 but nothing more. ✅ You will not be spending...

Body

Poor Body Image and How It Affects Our Sales and Marketing Efforts.

Most of us struggle with a poor body image without even knowing about it. We hesitate to get in front of people and we hesitate to talk to new people because we are not 100% sure about our looks or our bodies. Its time we address it head-on and permanently eliminate...

Brand

Project Timeline and Profitability

I was recording last night when my laptop battery was just 11%. So I quickly wrapped up the podcast because the power had been out all day (because of cyclone Nisarg) and I wasn't going to be able to publish this podcast later. In this episode I talk about project...

Sales: Close Your Family First On Your Ideas Before Closing Clients

Sales closing is when two parties close the deal, agree on the terms and conditions and decide to work together in the same direction. And what is business if there is no sales? No business, right. Believe it or no, we are selling and closing people at every step and...

Profit Loss Statement & Fear of Poverty

In this podcast, I talk about how you can make accounting your daily habit, how you can note down your daily income and your daily expenses. Many employees and entrepreneurs do not account their daily money transactions. Some businesses I have seen, used to account...

Why I Don’t Get Attached to Sales Proposals.

I have sent out more proposals in corona times than ever before. Some people say that the economy is crashing but I see opportunity everywhere. Like I told you before, something inside me shifted a few months ago. I am not the same person any more. I am not constantly...

From Depression To Thriving | New Post

😟 Are you someone who is going through a rough patch in life? 🙁 Are you someone who feels stuck in the current situation and does not go how to get out of it? 😕 Are you someone who is bothered by others going far ahead of you and you not reaching anywhere. ☹️ Are you...

OverDeliver – The Only Formula For Long Term Success.

There are many people in the market who will charge a bomb but when it comes to delivering the service, they will fail. And people who have enjoyed long term, decades of success are people who have OVERDELiVERED. All those people who don't know what overdelivering...

How To Price Your Services

Money Money Money... the most "not talked about topic". The most dreaded topic in entrepreneurship. The most shushed topic in business. I am sure, like you, you also heard these popular sayings when you were growing up. Money does not grow on trees. You don't know the...

How To Convert Prospects Into Clients

So assuming you have done your home and provided valuable knowledge and information through your marketing material and assuming you have done 80% of Marketing, in this episode (above) I talk about how to convert your prospects into clients. While Marketing, you had...

No Marketing. No Business. | Paycheque To Invoices Episode 7

When I started by entrepreneurship journey back in 2018, I connected with a lot of business owners. One such business was a start-up by 3 employees. They had a posh office with 15+ employees but when I asked them how they marketed their product, they had no answer....

Paycheque To Invoices Episode 6 – Market Your Services

I have seen many start-ups who invest ZERO amount of time / effort / energy / money in marketing their products or services. Some of them have superb offerings but no inclination to promote themselves. In this episode I talk about two types of marketing, Push and...