Sheryl Sandberg famously urged women to lean into their careers, outlining ways that they could smash through the glass ceiling and finally get the credit that was due. But many women have been doing that, and in increasing numbers, as they create their own businesses and invent new products and services to fill a variety of needs and wants.
In fact, female entrepreneurs are only picking up speed when it comes to business inventiveness. Part of that is due to the legalized dismantling of segregation based on race, religion, and gender, among other things. There are now millions and millions of female-owned businesses, and they’re going to be responsible for the creation of over 5 million new jobs by 2018.
Part of this makes sense: Women have always worked, but they’ve often had legal or institutional obstacles to owning businesses. Remove those, and the floodgates opened for all sorts of ideas, from clothing to event management to inventive ways to share home renovation and design ideas on the internet. And the percentage of women-owned businesses worldwide continues to grow; it’s currently at about 30 percent.
Want to learn more about the future of female-led entrepreneurship? This graphic from The Online MBA at USC can help with interesting statistics and case studies, too.