Not taken seriously?

Published: Oct. 22, 2019, 11:43 a.m.

b'Women business owners can find it hard to be taken seriously even as their companies grow into multimillion-dollar enterprises. That\'s the finding of a report released last week by Babson College and Bank of America that analyzed the challenges women encountered as they were building their companies. Many of the owners said they were misunderstood and discounted by other business people including investors. The report found that women owners encountered mistaken assumptions about why they launched their companies. "When a woman starts a business, some potential backers may assume that she is running the business out of her home, for fun, or just to supplement her family\'s income," the report said. "Backers may then fail to see the business as growth-oriented and worthy of investment." ABC News\' Cheri Preston joins Tony with a breakdown.'