Current in Entrepreneurship Blog

In today’s business world, female entrepreneurship is not just rising—it’s reshaping industries, driving innovation, and creating lasting social impact. But as more women lead companies and scale ventures, they often face a unique set of challenges—especially when it comes to managing personal wealth and building long-term financial strategies.

I recently came across powerful insights from Alan Hooks, Head of Private Clients at Julius Baer International, and Sam Smith, entrepreneur, NED, and former CEO of finnCap Group Plc, that highlight the key issues—and opportunities—facing women entrepreneurs today.

💡 Confidence Isn’t a Luxury—It’s a Financial Necessity

Hooks makes a critical point: both male and female entrepreneurs share common financial challenges—time, knowledge, and confidence. But for women, the lack of financial confidence often has deeper roots. Historically, investing and wealth management have not been tailored—or even accessible—to women in the same way they’ve been to men.

“As women increasingly generate and hold more wealth, a lack of financial confidence is one of the principal hurdles they face,” says Hooks.

The result? Women may hesitate to make bold financial decisions, even after building successful companies. This can have long-term consequences for personal wealth, succession planning, and philanthropic goals.

⏳ Time: The Unseen Hurdle

Running a business is demanding. Smith and Hooks both agree: entrepreneurs often place personal finances on the back burner. For female founders juggling multiple roles, that’s especially true.
Without structured support and strategic financial planning, personal wealth often gets neglected—until it becomes urgent.

🔄 The System Wasn’t Built for Women—But It Can Evolve

Smith points to a deeper, systemic issue:

“The system in which entrepreneurs operate was not built for women. It was built by men, with connections and education. As a female entrepreneur, you often feel like you’re on the outside looking in.”

That lack of access to networks, mentorship, and tailored financial advice creates a gap—even for highly successful women.

But that’s changing.

❤️ From Success to Significance: Wealth as a Tool for Impact

One consistent theme among female superscalers? They want to give back.

“There isn’t one female superscaler who doesn’t want to help others avoid what she went through,” says Smith.

Women often prioritize building a legacy—not just in revenue, but in social good. Wealth managers, when aligned with this vision, can help structure finances to support both growth and philanthropy.

🔧 No One-Size-Fits-All Strategy

The most effective wealth strategies are personal. Hooks emphasizes the importance of customizing financial planning:

“The right advice means understanding each part of the client’s life—from family and lifestyle to business ambitions.”

This holistic approach is essential—especially for women navigating a business landscape that wasn’t traditionally designed for them.

🌱 The Power of Ecosystems and Education

What’s accelerating this shift? Two things:

1. More female wealth advisors entering the space.

2. A renewed focus on financial literacy and community.

“We need to educate women in financial literacy from a young age—and in a relatable way,” Smith emphasizes.

Education builds confidence. Confidence inspires bold moves. And bold moves change the landscape for the next generation of women entrepreneurs.

🔮 Looking Ahead
The world of female entrepreneurship is evolving fast—and with it, the tools and support women need to scale, lead, and give back. As more tailored strategies and networks emerge, we’ll see more women not just surviving—but thriving—in both business and life.

👇 Let’s Keep the Conversation Going:

1. Are you a female founder navigating these challenges?

2. Are you working to build a more inclusive ecosystem in finance or entrepreneurship?

3. Do you mentor or support women-led businesses?