On the Rise: 7 Insightful Reasons Women Make Great Entrepreneurs
It’s hard to believe there was a time when it was uncommon to find women in the workplace.
Today, women are shattering glass ceilings and heading some of the most powerful companies in the world.
From General Motors and Best Buy to Hershey and UPS, women own four out of ten businesses in the U.S.
Women are making major strides in the world of business, both in large corporations and in the entrepreneurial sector. They control over $20 trillion in yearly spending. This number is expected to go up by another $28 trillion inside the next few years.
Women-owned businesses are growing steadily, closing the gender gap, and succeeding in their field. Women will take calculated risks to create an opportunity to fulfill their dreams.
And I love cheering on my fellow women entrepreneurs.
7 Reasons Women Make Great Entrepreneurs
Not only are more women becoming entrepreneurs, but, they’re proving to be massively successful.
Sara Blakely was only 27 when she founded SPANX, a shapewear line for women. Now, she’s a billionaire and the company has a net worth of $610 million.
Women have several distinctive traits and skill sets that separate them from their male counterparts and position them for success in the world of self-made business.
1. Women are Transformational Leaders
Effective leaders are able to motivate, encourage, and support their team for optimal success.
As individuals, women tend to be more empathetic, considerate, and nurturing toward the needs of their workers.
This transitional leadership helps to establish a mission and then provides the positive inspiration people need to accomplish the goal.
When people feel valued and cared for, they’re more likely to perform better and yield positive results for the company…