Self-Employed Females Seek Leadership Positions, Higher Ed
One in 11 adult women is an entrepreneur and those women are seeking education at a faster rate than other working females, according to the Small Business Administration’s Office of Advocacy. Not only are self-employed women increasing their educational skills but they are also a greater percentage in managerial occupations compared to their wage and salary-earning counterparts.
The study found that women have a better opportunity to break into traditionally male-dominated fields if they are self-employed.
In 2006, the National Women’s Business Council found that women-owned firms are just as successful as male-owned firms and just as likely to have $1 million or more in revenues.
Other findings include the following:
- Self-employed women were also more likely to be self-employed in the previous year, were older than wage and salary-earning women, and had greater income diversity.
- More self-employed men hold an advanced degree compared to self-employed women over the study period, but the gap narrowed considerably by 2006.
- Self-employed minorities were slightly more likely than self-employed whites to have a college degree throughout much of the study period.
For more information on the study, visit the Office of Advocacy website at www.sba.gov.
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