Women are underrepresented in technology, engineering, entrepreneurship and business fields. How do we tackle this issue going forward?
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Bold Biz: Venture Girls

Dr. Cristal Glangchai joined #BoldBiz to tell us about her book, 'Venture Girls'http://amzn.to/2sE3r7k

Posted by BoldTV on Saturday, February 17, 2018

 

Women are underrepresented in STEM-fields jobs and entrepreneurship. Because these are largely male-dominated fields, an all-female venture capital fund that tackles all of these fields is the future of technology and employment.

Women in tech

Dr. Cristal Glangchai is the CEO of the tech startup VentureLabs and the author of “VentureGirls.” Glangchai tells the story that many minorities can relate to: being the only person in the room who fits your demographic. Women only hold 10 to 20 percent of tech jobs, including science, technology, engineering and math. This holds true even at seemingly forward-thinking companies, including Google, Twitter and Facebook.

Though this gap between men and women in technology has closed over the years, the achievement gap still persists. VentureLab is an academy started by Glangchai that teaches girls entrepreneurship and technology. The academy is geared toward entrepreneurship because STEM without entrepreneurship can still result in unemployment and unsuccessful attempts to close the gap.

Entrepreneurship in women

Glangchai views entrepreneurship as a skill set and way of thinking that goes hand-in-hand with STEM. “By identifying needs and taking calculated risks, visions can become reality.” So, what if you don’t want to be in technology? “Even if you’re a doctor or an artist, everyone’s going to need to be technologically savvy in some way,”  Glangchai said.

“I think having an entrepreneurial mindset is the key.” Many people end up working for someone else, even when they are skilled enough to go out on their own to do what they want. The reason for this is something we can all relate to — most people have a negative relationship with failure because it’s stigmatized as bad.

“Failure is part of the scientific method,” Glangchai said. It is one of the best things that can happen because you learn from it. When you go out and seek opportunities, you may fail in the technical sense, but you actually end up succeeding because you learn something.

Takeaway

The future is female, and there are more female entrepreneurs and women in technology than ever before. However, the process is a slow one, and to expedite the process, we need to make sure women are getting proper educations in the STEM fields and are being hired by major tech companies, as well as encourage the number of female entrepreneurs. Taking the necessary steps to close the gap can ensure that it doesn’t continue on into the future.

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Header image: Getty Images

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Posted 02.24.2018 - 11:00 am EST