Girl In Paris®

Small Businesses Owned by Women Are More Likely to Succeed Than Men

Small Businesses Owned by Women Are More Likely to Succeed Than Men

The majority of successful small businesses owned by women employ someone other than themselves. According to the most recent U.S. Chamber of Commerce survey, 47 percent of women business owners consider their company’s outlook to be good. Only 20 percent are sole proprietors or work alone. But even if you don’t have employees, it is still wise to hire a professional. In addition to hiring professionals, you should also consider obtaining outside funding or at least confide in a mentor.

Successful women tend to have a positive mindset. Positive attitude is often a major contributor to their success. They are usually aware of their goals and work towards them. Moreover, they rarely start their business in an industry that is not favorable for women. Regardless of their industry, these women have a positive attitude and are more likely to succeed. This helps them to achieve financial independence. However, it is important to note that female entrepreneurs typically do not begin their businesses in an unfavorable industry.

The Inc. 5000 is a list of the most successful small businesses owned by women. This list contains a range of industries, including solar energy, construction, and IT. In addition, the list includes female-led businesses in fields that are traditionally male-dominated, such as manufacturing, oil and gas, and finance. These women-owned companies are often small, but their revenue and budgets may be much higher than the average male-owned company.

A recent study by Guidant Financial shows that 77 percent of women business owners are at least somewhat satisfied with their business and plan to stay in business after the COVID pandemic has passed. In addition to this, the survey found that African-American women have opened up 260 new businesses every day. The number of Hispanic women-owned businesses has increased by 163% in the past decade. A third of respondents are aspiring female business owners.

The numbers show that women who own small businesses are more likely to succeed than their male counterparts. Almost half of women business owners cite passion as their main motivation (which is no surprise to me). Thirty-one percent cite financial independence as their top two reasons. In fact, only thirty percent of women business owners are under 40 years of age. Despite this, many women have been in the workforce for many years. In addition, they often hold various leadership positions, which are vital to the success of their venture.

In addition to this, women who own a business have to work hard. They don’t rely on luck, but instead, they work hard to establish and maintain a successful business. While there are no specific secrets to becoming a successful woman entrepreneur, there are a few traits that will make you a winner in your chosen field. If you’re a woman who wants to succeed in business, you should be able to identify with these characteristics. And if you’re looking for a seasoned mentor to help keep you accountable and support you on your journey, well you have come to the right place!

Tags :
Share This :

Featured News


Want to be on the show?

If you’re a woman who has found success in your own business and would like to share your story and inspiration with other women aspiring to do the same, please email your short bio, links & credentials at: