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“Mr. Wonderful” thinks women make better CEOs

Shark tank’s Kevin O’leary recently mentioned that he thinks women make better CEO’s because they are more risk averse leading to better steady long term financial returns. I am not sure if I agree with that. However, there are several studies that show Mr. O’leary is right about women being more risk averse. That may be why you see fewer women starting their own businesses and fewer women CEOs. I think programs that help women become informed about business and offer pragmatic skill development reduce the perceived risk for women in taking on the challenges of starting their own companies and taking the step to becoming a CEO. I believe that to be a critical factor to seeing the gender gap close amongst CEO’s and business owners. To read more about Kevin O’leary statements as why he prefers to work and invest in women CEO’s follow this link: Entrepreneur.com

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