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The Female Entrepreneur: Women Who Run Their World

The Female Entrepreneur Women who run their world Since the passing of the 1974 Equal Credit Act, women have made strides in the entrepreneurial world. Women are founding companies at a historic rate. LAW The act prohibits credit discrimination on the basis of: public assistance national marital race color religion sex age origin status = 1 million companies There are just over 9 MILLION women-owned companies in the U.S. = 1 million small business jobs Research suggests female small business owners will create 5 TO 5.5 MILLION new jobs nationwide by 2018. = 1 million small business jobs They generate more than half of the 9.72 MILLION new small business jobs expected to be created by 2018. Second to publicly traded firms, women-owned businesses have led privately held company job growth in America since 2007. Over the last 15 YEARS, women-owned firms have grown by 1.5 TIMES the rate of other small enterprises. Between 2007 and 2012, during a national economic downturn, women's overall share of businesses owned remained stable. Women-owned businesses account 1 IN 5 firms with revenues of $1 MILLION or more is women-owned. for nearly 30% of all businesses worldwide. 2009 2014 CrunchBase Between 2009 AND 2014, 15.5% of all CrunchBase startups that received funding had at least one female founder. On average, women account for 38% of workers who consider self-employment their In 2014, 18% of all CrunchBase startups had at least 1 female founder. main source of income. 11 OF THE TOP 17 STATES for female entrepreneurs are in the West from Washington to Texas. WASHINGTON MAINE MONTANA NORTH DAKOTA MINNESOTA VERMONT NEW HAMPSHIRE OREGON WISCONSIN NEW YORK MASSACHUSETTS MICHIGAN SOUTH DAKOTA RHODE ISLAND IDAHO CONNECTICUT WYOMING ОНIO NEW JERSEY PENNSYLVANIA NEBRASKA IOWA DELAWARE ILLINOIS MARYLAND NEVADA UTAH VIRGINIA COLORADO KANSAS KENTUCKY CALIFORNIA MISSOURI NORTH CAROLINA TENNESSEE ARKANSAS OKLAHOMA OUTH ARIZONA NEW MEXICO ALABAMA GEORGIA TEXAS LOUISIANA FLORIDA NEVADA OREGON LAS VEGAS Oregon ranks first in the nation for most self-employed female workers (45.4%). Las Vegas has the highest percentage (26%) of venture-backed companies with at least one female founder. Additional areas with higher concentrations of self-employed women include: The Central Atlantic states The southern half of the Northeast surrounding Washington, D.C. Maryland Rhode Island Delaware Massachusetts Virginia Connecticut West Virginia 24 Businesses with a woman on the executive team are more likely to have significantly higher valuations (64% HIGHER) at Series A, the first round of financing for a new business venture after seed capital Wildly SucGessfal Female-Founded Gompanies that Took the Business World By Storm Eventbrite Eventbrite provides users with tools to bring people together for an event and to sell tickets. Founded: 2006 Co-Founder & President: Julia Hartz Eventbrite raised around $60 million in a new round of funding at a valuation of more than $1 billion. Sunrun Sunrun provides affordable solar energy. Founded: 2007 Co-Founder & CEO: Lynn Jurich Sunrun raised at least $295 million at a valuation of $1.3 billion. houz Houzz is a home design site with interior design photos, home décor, and decorating ideas. Founded: 2009 Co-Founder & CEO: Adi Tatarko Houzz has raised more than $213 million from investors with an estimated valuation of $2 billion. FOREVER 21 Forever 21 is an American chain of fashion retailers. Founded: 1984 Co-Founder & Chief Merchandising Officer: Jin Sook Chang Forever 21 reports $4.4 billion in sales. Female entrepreneurs and executives are creating new models of leadership and providing organizations with valuable insights and solutions. Gender diversity in business provides individual benefits to women, and research suggests that it also can improve a company's bottom line and a nation's GDP. SOURCES: USCMarshall School of Business Online MBA - .ingzksh:XLKI - 4971026944a3 ШШC

The Female Entrepreneur: Women Who Run Their World

shared by Ghergich on Aug 01
Research suggests female small business owners will create 5 to 5.5 million new jobs nationwide by 2018! Learn about the success of female entrepreneurship, including some of the most successful femal...


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