“ It is a men’s world”. Do you agree? I don’t. Forget about history, if we look at modern times, we will find that women also play a major role in society. There are a few women entrepreneurs who have surpassed their male equivalents. Today, there is not a single sector where you will not find females whether it be media, politics, IT, education, or sports.
If you too want to become a successful entrepreneur, then here are some popular startup business ideas for women entrepreneurs that can help you become one. Also, here are some of the popular women entrepreneurs in the world who broke the stereotype and build an identity for themselves.
Popular Women Entrepreneurs
Gina Rinehart- She is an Australian billionaire businesswoman who is the chairman of Hancock and prospecting, which continues to grow. The company was initially founded by her father, Lang Hancock. After her father’s death, she headed his bankrupt estate and turned it into something big. She made a huge amount of money from the Roy Hill Mining Project. In 2015, it started shipments to Asia. Her total worth is 14.5 billion dollars that made her the wealthiest person in Australia and also the 75th billionaires in the world. Also, according to Forbes 2019, she is the 36th powerful woman.
Oprah Winfrey- She is one of the popular women entrepreneurs. This great lady has her talk show, which has been running for 25 years. She doubled up her character as a news presenter. She earned nearly 2 billion dollars from this show.
In 2011, she presented cable channel OWN. She has around 25.5% of the network that has a worth of nearly 75 million dollars. Later on, she dealt with Apple’s streaming services to create unique content that included a TV series, a book club, and several documentaries. As per Forbes, she is worth 2.7 billion dollars and is ranked as the 20th powerful woman in the world. She is also known as the 10th Self-Made Women of America 2019.
Susan Wojcicki- Another one on the list of popular women entrepreneurs is Susan Wojcicki. She is the famous Polish-American CEO of YouTube, which has over 2 billion users every month. According to Forbes, Susan Wojcicki sponsored around 1.65 billion dollars allegations of YouTube in 2006.
Since 2014, she has been running YouTube as a CEO. Recently, the net worth of the company is estimated at around 90 billion dollars. Before becoming a part of Google, she was an employee of Intel and worked there as a management consultant. In 2019, Forbes honored her as the 12th most powerful woman globally and as 44th American’s Self-made woman. She holds a master’s degree in Science from Harward University.
Indra Nooyi- She is an Indian American business executive and the former CEO of Pepsi. She also got the title of the world’s 11th powerful woman in 2017. She has a bachelor’s degree from Bachelor ofArt/ Science, Madras Christian College, and has attained an MBA from Yale School of Management.
As per Wikipedia, she is one of those women entrepreneurs who has led the company’s global strategy for a decade and headed PepsiCo. According to Business Today, in 2019, Amazon announced that they are thrilled to have selected two members to be included in their Board of Directors. One among them was Indra Nooyi.
Cher Wang- She is another popular entrepreneur on the list of best women entrepreneurs. Taiwanese philanthropist and businesswoman. She is the chairperson and also the co-founder of HTC Corporation and incorporated chipset maker VIA Technologies. She is one of the most prominent and successful women entrepreneurs in the world of Technology.
She has completed her education abroad. She completed her schooling in Oakland and she completed a Bachelor’s Degree in Economics from the University of California. She secured the title of the world’s most powerful Woman 2 times. In consecutive 3 years starting from 2010 to 2012, her name has been listed in the list of World’s Billionaire list. As per Wikipedia, her net worth is the US $1.1. Billion.
Now, after reading about these famous women entrepreneurs, do you want to be one like them? Confused about whether you can also be like these women entrepreneurs or not? Why not? With the right dedication and hard work, you can start your own business and be one among several women entrepreneurs. But, apart from these two things, what you need is an idea of the right startup business ideas. As there are plenty of startup business ideas, it can be confusing for you to choose any one among them. So, let’s have a look at some of these ideas to start with.
Prepare glorious food – If you receive compliments for your cooking skills, then why not start a food business. This is one of the popular startup business ideas that nowadays most women are starting. The best thing about this business is it does not need a large amount of money to set up this business.
There are many famous women entrepreneurs who started a food business and became successful entrepreneur. Family recipes, traditional cuisines, and home-style food is the most popular choice. To start, make a WhatsApp list of friends and family members who are a fan of your food preparation. Inform them about your new business plan and let them do the rest.
If food catering is not your style, you could just document your interest in it. It is a great business idea for those females who are sitting at home and have a lot of cooking ideas. Instagram is filled with celebrity home chefs who are enjoying the benefits of their talent in the kitchen. The ROI comes as brand collaborations as well as associations with the channel or site.
Blogs- Blogging is one of the best online business ideas for women and it is growing. There are many working ladies, moms who earn money through blogging. This is one of the best stay-at-home jobs as you can work at your pace and take care of your kids too. Moreover, there are no extra charges for starting this business. You just need a laptop with a good internet connection.
Interest in the fashion world- If you love fashionable clothes, then why not try making them? You can open a small tailoring boutique where you can stitch fashionable clothes and sell them. To start, all you need is a space of around 300 sq. feet with a set of sewing machines and people who know to stitch.
The overall expenses per month would be around 40,000 to 1lakh based on the area that you select. Platforms like Facebook shop and Shopify let you reach a wider audience and show your designs. With online payment gateways, you can make the whole process simpler and easier.
Some businesses need extra help like accounting and bookkeeping. These are some of the tasks that demand extra support for completing them. However, there are many other tasks your business could help with too. Supportive business services are something that more and more businesses require and find useful.
Ø Bookkeeping
Ø Scheduling
Ø Business coaching
Ø Accounting
Ø Business event planning
Ø Customer service
Things to consider before starting a business
Even if you think you want to be one of those women entrepreneurs or want to start your business, there are many factors to consider while choosing the type of small business that you want to start. You might be confused about where to start, so here are some of the important considerations to make before you decide on any one of the businesses we discussed above.
Ø Is your new business going to be the main source of income or will it be a source of extra income?
Ø What will be the cost of starting a business? How much money should you invest in your business?
Ø How much time do you want to allocate for your new business?
Once you think about what you are looking for in a new business, you can start considering the kind of work you would like your small business to do. Follow these tips and let us know how you feel to have your own business.