Women And The Entrepreneurship Mba
There is no doubt that more women are becoming business owners
. In fact, in the last decade, the number of women-owned business grew by a startling 20%, while all new businesses only grew by 7%. Today there are nearly 12 million majority-owned, privately held women-owned businesses in the United States. These companies employ over 19 million people, generate $2.5 trillion in sales, and account for nearly 30% of all businesses in the US.
But there are still women that hesitate and do not venture out on their own, bringing their energy, smarts, and good ideas to the market. What is the number one impediment to women who want to launch their own businesses? Access to capital is the impediment. The best way to overcome this blockade to capital is the Masters of Business Administration (MBA) in Entrepreneurship. What is the Entrepreneurship MBA? This graduate level degree offers the best of both worlds: extensive study in both management and entrepreneurship. This degree can be completed in a variety of ways, either as a traditional Masters degree or in the evenings and weekends or even online. Women can earn this degree in as little as a year or take longer earning the degree part-time. But no matter how its done, women will end up with the skills they need to successfully launch their own business.
How does the MBA in Entrepreneurship help gain women access to capital? First, most business schools offer access to venture capitalists as mentors and educators. Second, having an Entrepreneurship MBA provides women that want to be business owners with an amazing amount of credibility, making their potential businesses far more attractive to investors. Third, the skills and knowledge gained from earning an Entrepreneurship MBA is unsurpassed; women business owners with the MBA in Entrepreneurship have a wide range of business acumen and know-how that cannot be matched.
Currently, only about 30% of the applicants to business schools are women. Yet women that graduate from MBA programs in Entrepreneurship have nothing but good things to say about their business school experience. There are many myths and rumors out there about business school, such as the idea that it is an old boys club, that are simply false. Women that participate in MBA programs find themselves in high demand in the work force, and those that pursue the Entrepreneurship specialization have a far greater rate of success launching their own businesses.
If you are a woman considering starting your own business, begin by earning your Entrepreneurship MBA and jump-start your future today!
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