Top Successful Female Entrepreneurs to Watch Out for in 2020
Successful female entrepreneurs have been slowly making a name for themselves and establishing a place for themselves in recent years. There has been a good deal of excitement revolving around women in entrepreneurship and how more and more startups are being formed and led by women.
Successful female entrepreneurs are still hard to come by. The total revenue generated by female entrepreneurs stands at 4.3% of all revenue generated by businesses globally. Most women entrepreneurs will not be in a position to make more than $100k a year.
While the statistics can still be significantly improved, any successful women entrepreneur is an inspiration to everyone.
Here are best and most successful female entrepreneurs that you should watch out for in 2020:
Arianna Huffington is one of those female entrepreneurs that have had tremendous success throughout their career. Arianna is best known for being the founder of the Huffington Post (now the Huff Post). Arianna Huffington is currently working on her new venture called the Thrive Global.
Arianna is also a well-known writer with 15 books under her belt. The Sleep Revolution and Thrive are some of her most recent works.
With a net worth of around $100 million, Arianna Huffington is undoubtedly an inspiration for young women worldwide.
Steph Korey is the co-CEO as well as the co-founder of a luggage retailer called Away.
She obtained a bachelor’s in international relations from Brown University and an MBA from Columbia University.
Away is one of the highest funded female backed startups of all time. Away follows a direct to consumer business model. There are no wholesalers or distributors which separates it from other travel brands.
The company conducts the sheer bulk of its business online, but it has brick and mortar stores in Austin, Los Angeles, New York City, and San Fransisco.
Steph is also a recipient of the Ernst & Young Entrepreneur of The Year 2018 New York Award.
Steph Korey has a net worth of around $130 million and her co-founder Jen Rubio who has an equal net worth.
A resident of Mill Valley, California, Tina Sharkey is an advisor, a top women entrepreneur, and investor.
Tina Sharkey is the co-founder of Brandless and iVillage. She has also served as the global president of BabyCenter, a completely owned subsidiary of Johnson and Johnson. Tina has also served as a senior media executive at AOL and oversaw the development of aol.com.
Brandless operates using a direct to consumer model. The products it offers are under the Brandless name and come with two to five indicators like kosher, organic, cruelty-free, etc.
When it was first launched, all products were sold at $3. That has changed now. Higher-priced products, along with a subscription service, has also recently been offered to patrons.
Michelle Zatlyn is the co-founder and head of UX (user experience) at Cloudflare.
Michell Zatlyn holds a bachelor’s degree in chemistry and business from McGill University and an MBA from Harvard Business School.
Cloudflare is primarily known as an online security provider for websites. It has been known to protect sites from a vast DDoS attack of around 400 gigabytes. It also provides services for CDNs, web security, distributed domain name server, etc.
Michelle Zatyln receives total compensation of $400,000 from Cloudflare. Michelle has recently been selling her Cloudflare stocks quite regularly. Since the middle of May 2020, she has sold a total of 727,500 shares that make around $25,135,125.
Tory Burch is a well-known fashion designer and entrepreneur, as well as a philanthropist. She is a University of Pennsylvania alumni with a degree in art history.
She founded the Tory Burch LLC, a New York-based fashion label in 2004. Her husband, Pierre-Yves Roussel, is the current CEO of the company.
Tory’s net worth is currently at $850 million, which had been around a billion in 2013, according to Forbes.
Tory was also named a Glamour woman of the year in November 2019.
Seeing woman entrepreneurs win is incredible. Entrepreneurship is a challenging career path, and the chances of success are exceptionally low, even more so for women.
The women mentioned in this article are just some of the many successful female entrepreneurs who continue to globally inspire young girls and women to partake in the world of entrepreneurship.
It is essential to remember that success takes time and depends on several factors. External market conditions, your levels of dedication and commitment, ability to solve problems and even luck are just some of the few things that will determine whether you will be successful or not.
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