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Six key lessons you shouldn't ignore as a first-time entrepreneur.
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A $20,000 gap
Good morning,
As more startups recover slowly from the precipitous drop-off in revenue caused by the pandemic, female CEOs are paying themselves even less compared with their male counterparts, according to the latest report from San Francisco-based accounting firm Kruze Consulting. The report found that the salary gap between female and male startup CEOs grew four times wider in 2022 from what it was in late 2019. The differential clocks in at $20,000 in 2022, up from $5,000 in 2019. Compared with 2021, 2022 saw an increase of only $1,000 annually for female CEOs, while male CEOs saw a $5,000 salary increase.
Besides being underpaid, female leaders continue to be underrepresented in the workplace--made worse by the collapse of the child care sector and the inaccessibility of afterschool programs due to the pandemic. Read on forthree ways to determine how much to pay yourself.
Investing in the New Faces of Entrepreneurship
For Years, Investors Have Overlooked Diverse Founders.This VC Has a Plan to Change That for 1,000 of Them.
A MESSAGE FROM tripactions
State of Business Travel and Expense: Q1 2022
Business travel and expense is backסnd TripActions has the data to prove it. Check out this report to see first hand data on 2022ҳ return to travel.
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Here's what else I'm reading today:
This husband-and-wife team couldnҴ find a natural treatment for eczema. Hereҳ how the company they built became anaward-winning, fast-growing natural beauty brand. ։nc.
A House subcommittee recentlypassed a bill that would lengthen the amount of time that fraudsters could face legal scrutiny for PPP fraud. ։nc.
Here arefour practical ways to mend broken relationships with your staff. ։nc.
Fears of an economic downturn areshaking some peopleҳ career confidence, driving them toward stable jobs, and even back to offices. ֗SJ
If change is the only constant, itҳ time to get better atleading through it. ֈBR
One more thing:
Six key lessons you shouldnҴ ignore as a first-time entrepreneur. ։nc.
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