One of our engaged and regular readers of The Executive Women’s Networking Blog, Becca Sanchez Martin, Community Manager, MBA@UNC (firstname.lastname@example.org) has called to our attention a number of creative and innovative women entrepreneurs— creators of their businesses and, in a very real way, architects of their own professional destinies. We thought Becca’s guest post and the short stories of these incredible women should be shared. Hope you enjoy! If you have a post that you think might be of interest to our readers, please send along— we love hearing from our readers.
Women Entrepreneurs – Risk, Reward and Remarkable Talent Changing and Challenging the Corporate Milieu
For the past 26 years, women have outnumbered men on college campuses— and within the last 12 years, they have outnumbered men in earning undergraduate business degrees. A recent study suggests that women are better leaders than their male counterparts, and companies with women in executive positions are, on average, 48 percent more profitable. Yet despite the evidence that women add significant value to organizations, they are wildly underrepresented in leadership positions at work. In Fortune 500 companies, just 14.6 percent of executive officers are women.
Fortunately, the gender gap seems to be decreasing as more women entrepreneurs pursue executive MBA programs and gain the skills to lead and manage complex organizations. According to the 2014 State of Women-Owned Businesses Report by American Express OPEN, women are now starting more than 1,200 new businesses per day, and the number of women-owned businesses increased from 8.6 million to 9.1 million between 2013 and 2014.
Take a look at MBA@UNC’s article “33 Female Founders Forging Their Own Path” for profiles of highly successful female entrepreneurs who challenged the status quo by launching a business and leading that business on a path toward success.
While there still exists a gender gap in entrepreneurship, women are clearly making strides in evening out this discrepancy. Women are becoming more optimistic about their future in entrepreneurship, and in turn, are more confident and more likely to succeed at these entrepreneurial ventures.
Becca Sanchez Martin is the community manager for the University of North Carolina’s MBA online program. MBA@UNC empowers professionals to pursue an MBA in entrepreneurship from one of the top 10 schools in the world for leadership development. Becca graduated from Loyola University in Maryland with a B.A. in Business Administration and a concentration in marketing. An avid traveler and lover of all things tech, Becca spent a year abroad working for a technology company in the wine sector. Now, back in the USA, Becca spends her spare time visiting friends in other cities, volunteering, and playing tennis. Follow her on Twitter @bsmart10.