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BFS Capital Blog

Inspirational Women Business Owners

March 18, 2017

What makes certain business owners inspirational? There are so many different reasons, and it’s not that hard to find them! Maybe it’s a business owner’s personal narrative that captures our attention. Or the hurdles they’ve overcome. Or the crispness of their vision and the laser-like focus it took to make it happen.

Business owners who happen to be women are really no different. Some have businesses that reflect a personal passion. Others leave the corporate jungle and start a business out of necessity. Still others have identified a need and in wanting to fill it, help others. Business owners who are women draw inspiration from all kinds of sources and provide inspiration in countless ways.

Another source of inspiration: A look behind the stories to see the bigger picture of women business owners and entrepreneurs. We found some interesting perspective on Mashable from information that originally appeared at American Express OPEN. Understanding how women-owned businesses are achieving success encourages and enables more women to put their business plans in motion, take risks and move forward with their ideas. There are 10 amazing facts in the article, and for space reasons, we list just a few of them below. But—you’ll want to click here to read all 10, along with the tips and insights that are included from female entrepreneurs. These will definitely guide and inspire you, and you’ll also love the cool infographic!

Here are three of the 10 stats that may surprise you:

Despite owning nearly 30 percent of U.S. businesses, women attract only 5 percent of the nation’s equity capital. When it comes to first-year funding, women receive 80 percent less capital than men.

Women-owned businesses employ 7.7 million people. That’s 40 percent more people than three of the largest employers—McDonald’s, IBM and WalMart—combined.

8.2 percent of women-owned businesses bring in more than $1 million in annual revenue, versus 5 percent of all firms.

If you’re looking for still more inspiration, look no further than CNNMoney’s roundup of the 2013 most powerful women entrepreneurs. Although their businesses span a wide variety of industries, the article says, the women themselves share a characteristic that has helped them lead their businesses to success: Fearlessness. Among the impressive women featured here: Eventbrite founder Julia Hartz (“I had to learn how to ask for help,” she says.); Leila Janah, who founded and runs Samsa (“I thought, ‘What if outsourcing could generate a few dollars for billions of people, rather than billions of dollars for a wealthy few?’”); and BlogHer co-founder Lisa Stone, whose publishing platform turned blogging into a lucrative business for thousands of women.

Inspiration for and from women business owners is everywhere. Check out Digital Sherpa’s 15 inspiring quotes for women small business owners. Here’s a good one from Amelia Earhart:

“The most effective way to do it, is to do it.”

Then check out the resources at Women Unlimited, which describes itself as a place of “inspiration, motivation and education for women business owners.”
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