Are There Gender Differences Among Entrepreneurs?

Are There Gender Differences Among Entrepreneurs?

by | Aug 27, 2018 | Business Ownership, Managing

Popular belief loves to characterize entrepreneurs as “Type A” personalities who are competitive, outgoing, impatient, aggressive, careless risk-takers – and predominantly male. And women are perceived as mild-mannered, nurturing business owners who subtly influence the world around them. Over time, these biases have translated into a misconception that female entrepreneurs are risk-averse and unwilling to make bold decisions that would enhance the growth of their businesses. If this were...
They are all entrepreneurs but they are not all the same

They are all entrepreneurs but they are not all the same

by | Aug 26, 2018 | Business Ownership, Starting

Surely, there are some differences between male and female entrepreneurs. A number of small but statistically significant differences among male and female entrepreneurs were found in the types of businesses that they established, their self-reported measures of success, their risk-taking behaviour and how their business growth was funded.   Gender and the type of business conducted According to the Carleton research, women tend to open businesses in service industries (accommodations and...
Gender and Funding the Business

Gender and Funding the Business

by | Aug 26, 2018 | Business Ownership, Growing, Starting

Research recently commissioned by BMO Wealth Management found many similarities between male and female entrepreneurs, while some differences challenged more than a few misconceptions. This study, conducted by Carleton University researchers in conjunction with The Beacon Agency, interviewed 100 entrepreneurs of both genders on topics such as their motivation to open a business, their risk-taking behaviour and how their business growth was funded. BMO Wealth Management followed up this...
Consider Tax-Loss Selling in Your Year-End Planning

Consider Tax-Loss Selling in Your Year-End Planning

by | Aug 26, 2018 | Investing, Listen & Watch, Personal

As the end of the year approaches, you may want to review your investment portfolio to consider possible rebalancing opportunities. It may also make sense to consider engaging in a tax-loss selling strategy before the end of the year, to reduce your overall tax liability or to receive a refund of taxes paid in a previous year. With a tax-loss selling strategy, investments that have declined in value are sold in order to generate a capital loss for tax purposes, which can be used to offset...