Female Entrepreneurs More Ambitious Than Males: Study – ProfitGuide.com
Women are starting more businesses than men—and they have bigger plans for their ventures, according to a new U.S. report
If you go to work for a newer business, there’s a good chance you’ll be working for a woman.
Women are starting companies at a torrid pace. Between 1997 and 2014, the number of women-owned businesses in the U.S. rose by 68%, compared to a 47% increase for all companies, according to an American Express analysis of U.S. Census Bureau figures. They are starting an estimated 1,288 companies each day, up from 602 in 2011-12, American Express says.
“Women are becoming more aware of the opportunities for entrepreneurship in the lives. It’s becoming more of an option for a career move than it ever has been in the past,” says Susan Duffy, executive director of the Center for Women’s Entrepreneurial Leadership at Babson College.
Expect the numbers of women business owners to keep rising as interest in entrepreneurship grows and younger women look to famous women as their role models, Duffy says.
