Recently, I was talking with a girlfriend of mine, who happens to be a very successful financial planner. The industry she works in is mostly made up of men, and aggressive salesmen at that. At a recent business meeting, in passing, a colleague said to her “there is a lot of sexism in the industry. Get used to it.”
Naturally, that took her by surprise as if sexism is something that is not only to be tolerated, but something that is just part of working in the financial world. Interestingly enough, while some businesspeople hold the view that sexism is just a part of the business world, and that women should just get used to it, it’s important to understand the advances women are making in the business world, and why this idea is not only okay, but it’s dangerous.
Here are some interesting facts that show why women should not only shun sexism in the workplace, but also may make better businessmen than men.
Companies with more women on their boards outperform companies with the least
It’s true that companies with more women on their boards outperform companies with the least amount, or no women at all, on their boards. This may indicate that those that subscribe to a sexist attitude in the workplace may need an attitude adjustment…for the betterment and success of their own company. Women are strong. Women are powerful. Women know how to lead. And, women bring talents and viewpoints to the table that diversify the workplace and help companies grow. If you’re looking to succeed, then the idea of “getting used to sexism” needs to be thrown out the window.
More than 8 million U.S. businesses are owned by women
It’s interesting to think that women own more than 8 million U.S. businesses. This means that not only do women know how to run successful businesses, but women are contributing greatly to a thriving U.S. economy. Without women owning these businesses, the state of our nation would be in an entirely different place, which brings me to my next point.
By 2030, it is projected that women will own the majority of the wealth in the U.S.
If women are projected to own a majority of the wealth in the US by 2030, what does this men for businesses, especially for businesses in industries that think sexism is just part of the workplace? Again, it probably means that people who think like this need a shift in their way of thinking about business and women.
Simply put, women are not only good businessmen, but they are often better businessmen than men. Additionally, there is no place for sexism in the workplace, and there should be no industry that claims that sexism is just part of the ball game. That’s when you know something is off in your company, and that you may need an adjustment.
What do you think? Are women better businessmen than men?