Women Entrepreneurs: Passion, Purpose and Perseverance

Women Entrepreneurs: Passion, Purpose and Perseverance

To become a successful female entrepreneur there are specific qualities that one must embody to lead and propel companies to their highest levels.

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Women Entrepreneurs: Passion, Purpose, Perseverance

It’s true that it takes a certain kind of person to start a business and become a successful entrepreneur. What’s more, to become a successful female entrepreneur there are specific qualities that one must embody to lead and propel companies to their highest levels.

So what exactly are those traits?

In a recent KPMG survey of 200 women entrepreneurs on the Inc. 5000 list we take a look at the traits and explore the key factors that female entrepreneurs cite as core to their success.

Why do some women seek entrepreneurial endeavors, rather than more traditional areas?

50% of the women entrepreneurs wanted to control their own professional destiny. In fact, according to our survey, two key factors motivate women to launch companies: a desire to control their careers, and the opportunity to leverage their expertise to create something new.

What are some of the top challenges that women entrepreneurs face?

Women entrepreneurs said some of the top challenges they face in building their businesses include hiring the right people, time management, and managing cash flow through lean times or funding growth. Here are the top ten biggest challenges women face in building their companies:

For more on the perspectives of successful female entrepreneurs, download the whitepaper: Women Entrepreneurs: Passion, Purpose and Perseverance.

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