Women Entrepreneurs Have Best Business Chances In 30 Years


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Several media outlets carry coverage of last week's women in business event in Bristol, at which Money&Co. CEO, Nicola Horlick, spoke.

"It's the best time in 30 years to launch a business, former City 'superwoman' tells entrepreneurs," runs the headline in Swindon Business News. The conference dealt with broader issues, but did focus on emtrepreneurship and the evolving roles for women in business.

"Ms Horlick, who now runs her own Money&Co investment business, said Government schemes such as the SEIS (Seed Enterprise Investment Scheme) and EIS (Enterprise Investment Scheme) were extremely helpful in attracting finance from wealthy individuals," reports the Swindon Business News.

'However, she said that many entrepreneurs were confused about whether they needed to sell equity in their businesses or have debt.

"Very young businesses should have equity rather than debt because it protects them in the difficult times," she said.

"Speaking to an enthusiastic audience, the four-strong panel also ran headlong into the debate over whether men or women make better entrepreneurs.

"Mike Jackson, founder of technology start-up accelerator of Bristol WebStart, drew cheers when he said female entrepreneurs tended to be more successful than men because of their tenacity.

'Lehman Sisters' wouldn't have failed!

"Ms Horlick said men and women had different mindsets and different skills – women on the whole were more loyal to their time and tenacious.

"[Former Labour deputy leader] Harriett Harman, she said if Lehman Brothers had been Lehman Sisters then it wouldn't have have collapsed. I agree. The City has lots of young guys with pent-up testosterone."

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Disclaimer: Money&Co.™ is the trading name of Denmark Square Limited, Company Number 08561817, registered in England & Wales, authorised and regulated by the Financial Conduct Authority (FCA). The company is identified on the Financial Services Register under Reference Number 727325. The registered office is 58 Glentham Road, Barnes, London, SW13 9JJ where the register of Directors may be inspected. Denmark Square Limited (ISA manager reference number Z1932) manages the Money&Co. Innovative Finance ISA.