Entrepreneur Paper
Debbi Fields, Mrs. Fields Cookies, Bobbi Brown, creator of high end makeup, Dany Levy, web based media pioneer, Jenna Jameson, porn princess to media mogul, Anita Roddick, The Body Shop, Madame CJ Walker, First female African American millionaire (hair care products), Coco Chanel, fashion and signature fragrances, and Estee Lauder, Beauty products. This is a very small list of a few famous female entrepreneurs throughout history. These women started their own businesses with the passion and desire to help others or provide a product they felt was needed. Females have difficulty climbing the corporate ladder and it is just as difficult, if not more, to open their own business. But clearly, as I will indicate, and history has presented, women have the vision, capacity, and perseverance to build thriving companies.
Businesses owned by women are the fastest growing sector in new ventures in the United States. Compared to men, women tend to start their ventures with fewer resources, less reliable suppliers, and substantially less early stage capital. (Ewers)
According to new research conducted by the National Women’s Business center and the center for Women’s Business Research, there are an estimated 8 million majority-owned, privately held women-owned businesses in the United States. Women-owned businesses contribute nearly $3 trillion to our national economy and create or maintain 23 million jobs. Women entrepreneurs play and important and much needed role in the US economy and programs and support are increasingly needed to help them start, grow, and maintain their businesses. Women-owned companies employ or generate 16% of the jobs in the country. (Meyer)
Why do women choose to start their own businesses? They want flexibility; they are motivated by their desire for a challenge and self determination. They are motivated by their desire to help others. And, others have hit the glass ceiling in corporations; this is the wall that keeps them from
Businesses owned by women are the fastest growing sector in new ventures in the United States. Compared to men, women tend to start their ventures with fewer resources, less reliable suppliers, and substantially less early stage capital. (Ewers)
According to new research conducted by the National Women’s Business center and the center for Women’s Business Research, there are an estimated 8 million majority-owned, privately held women-owned businesses in the United States. Women-owned businesses contribute nearly $3 trillion to our national economy and create or maintain 23 million jobs. Women entrepreneurs play and important and much needed role in the US economy and programs and support are increasingly needed to help them start, grow, and maintain their businesses. Women-owned companies employ or generate 16% of the jobs in the country. (Meyer)
Why do women choose to start their own businesses? They want flexibility; they are motivated by their desire for a challenge and self determination. They are motivated by their desire to help others. And, others have hit the glass ceiling in corporations; this is the wall that keeps them from
References: Ewers, Justin. (2007, August 13) Glass Ceiling? Female Entrepreneurs Thrive. Retrieved from : http://money.usnews.com/money/blogs/americas-business/2007 Gaebler.com. (2010, September 13) Resources for Entrepreneurs. Why Businesses Fail. Business Failures. Retrieved from: www.gaebler.com/Why-busiensses-Fail.htm Meyers, Cheryl. (2010, January 28) Women Entrepreneurs May Help Jumpstart the Economy. UPOX Knowledge Network. Retrieved from: http://www.phoenix.edu/upox-knowledge-network/articles/industry-viewpoints/women-entrepreneurs Solovic, Susan Wilson. (2008). The Girl’s Guide to Building A Million-Dollar Business. New York. MJF Books Zuckerman, Laurie. (2000, February/March) “Defeat Your Doubters: Your Worst Critic is Often That Little Voice in Your Head.” Retrieved from: My Business Magazine online (www.nfib.com) Food For Thought 1. Do you think that female entrepreneurs have more difficulty in 2010 than in the past? Why? 2. What do you feel are the three core values that a female entrepreneur must have to succeed? 3. Are you ready to start your own business? Quiz attached.