Women are natural born leaders. Many people know this. It is not difficult to believe that women have gone on to found some of the world’s most powerful and exciting companies.
The results of a study from the National Institute of Women Business Owners (NAWBO) showed that more than 11.6 million firms are owned by women, employing nearly 9 million people, and generating $1.7 trillion in sales, as of 2017, in the United States alone. The amazing thing is that many of these companies were founded as a result of a pressing need these women had at one time or another.
While these circumstances may seem odd, they have led to the successful establishment of billion-dollar companies which are still in business today.
No man is an island, and no matter how established one is as an entrepreneur, there is always something to be learned from the next person. Since we’re talking about women, here is a list of women-owned businesses every entrepreneur can learn one or two things from.
Away is a lifestyle and travel brand which is run by co-founders Jennifer Rubio and Stephanie Korey. While at the airport one day, Jen’s suitcase fell apart, causing all of her clothes to spill out. This was a waking moment for Jen; and along with her co-worker from a previous job, decided to put everything into this untapped market after carrying out the necessary research.
Founded by Marie Forleo, this award-winning show, along with world-class online training programs, an audience in up to 165 countries, and a published book in 16 languages has made it possible for many men and women around the world who are struggling with deep issues like depression and low self-esteem go on to lead meaningful, successful and fulfilling lives.
Bird + Stone
Bird + Stone is an online accessories brand that was established by Elana Reinholtz in 2013. This business was launched after she returned from a volunteer mission in Kenya. Although a jewelry store, Bird + Stone was established to raise awareness and funds for organizations that exist to create an equal world.
The company style is to ensure that consumers can also fight for equality for all and make changes by leveraging their purchasing power and also become micro-philanthropists.
This small publishing company established by women, for women, is the first and only independent women’s press in the whole of the UK. Their content, which includes books, articles, and written works; is composed in a language and style and with a tone that is unique to them and their readers.
If you’re an aspiring female writer hoping to get published soon, you could get writers to provide high-quality technical content for hire and give them a call. Their policy remains to encourage women writers and promote minority writers who come from different countries, are of different cultures and ages and who adopt different writing styles.
Birchbox was originally created to provide subscription services for women who wanted to try out new beauty product samples, however, in 2012, to grow their brand and get more conversions, they introduced the Birchbox Man, which was created especially for men.
Birchbox was co-founded by two Harvard Business School colleagues-turned-friends, Hayley Barna and Katia Beauchamp, with the aim of making the beauty industry better.
This world-popular fashion magazine was co-created by Marcelle Auclair and Jean Prouvost. The very first issue was produced in 1937 and, in 1941, London became its very first international partner. The company went on to create various editions of the magazine in different countries including the U.S., South Africa, the United Arabic Emirates, Australia, etc.
This is one of the leading indigenous oil and gas exploration and production companies in Nigeria. It’s owned by Folorunsho Alakija, a former bank secretary turned billionaire, also known as the second wealthiest woman in Africa in 2016.
Tinder & Bumble
These two billion-dollar companies were created by the same woman, Whitney Wolfe. She is the co-founder of the popular online dating platform Tinder, which became all the rave in 2012, and has brought about many unions since then.
Being a woman, Wolfe went on to leave Tinder to create Bumble; also an online dating platform similar to Tinder. Here’s the catch: with Bumble, women are responsible for starting up conversations. So, while Tinder leaves men in charge, Bumble allows the women to take charge. This also has been quite successful and here are the statistics to prove it.
Bet you didn’t know Slideshare was created by a woman. Rashmi Sinha, named by FastCompany as one of the most influential women in Web 2.0, has a lot you can learn from. After completing her PhD in cognitive neuropsychology, she went on to the Information School in UC Berkeley where she worked as a researcher.
Fast forward to years later, when she became an entrepreneur and the first person and woman to have the idea of extending the use of slides from just educational or office use, to online and other uses.
In an interview with India Knowledge at Wharton, Sinha described Slideshare as “a next-generation business media site” as it is focused on the kind of content that is business related.
Founded by Lynn and Bill Wallis, this company is now one of the largest distributors of petroleum in the Midwest. BP, Exxon, Conoco, and Mobil are a few of the companies in southern, eastern and central parts of Missouri that Wallis distributes gasoline under.
Not only is Wallis a leading marketer in petroleum, it also provides customized lubrication solutions for industrial, automotive, metalworking and commercial businesses.
The Oprah Winfrey Show
Everyone knows Oprah Winfrey. The first African-American woman, and the youngest one at that, to ever anchor the news at WTFV-TV.
Although the Oprah Winfrey show has stopped airing, before it did, it ranked as the highest-rated talk show in TV history, and still remains the highest-rated talk show on American TV.
Women can do amazing things. In a world that is highly competitive, they are making waves for themselves and creating opportunities for the youth of the future to learn and do even better.