Joanna L. Krotz, Author, Being Equal Doesn’t Mean Being The Same

Women entrepreneurs and investors still aren’t in the room when venture deals get done, even as women launch businesses nearly twice as fast as male-owned firms.

About 75% of the country’s 316,600 angel investors are men, according to the Center for Venture Research. That jumps to a shocking 95% male for decision-making partners at venture capital firms, according to PitchBook, an industry researcher. Plus, those numbers are going in the wrong direction. In 1999, women accounted for 10% of VC partners, according to a Babson College study.

the ceo magazine, entrepreneurship
Armando Montelongo, Founder and CEO, Armando Montelongo, Inc.

“It takes years to become an overnight success.”

This is a statement I offer with unabashed pleasure when people assume my ascendance is manufactured from a reality TV show. Malcolm Gladwell’s assessment of requirement for success being 5,000 hours of practice is spot on. I would add that an unwavering amount of intestinal fortitude is essential in parallel.

Danielle Tate, CEO, MisNowMrs.com

Now more than ever, women are seeing the benefits of building their own businesses and are doing just that.  In a world full of complicated and contradicting start up information, consider my eight simple tips for launching a successful business as a woman.  It does after all help to get advice from someone who’s been there.

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