Women owned companies have risen year over year due to many acts of the public. The U.S. currently boasts the most female entrepreneurs among the world’s, and the percentage of women-owned firms in the U.S. is now close to parity with the ratio of female CEOs, according to a 2018 report by Aspiring Women. More women are looking to jump-start their careers in the boardroom and open up their own businesses than ever before.
While there are certainly many barriers women face when launching a company, breaking into the C-suite is clearly within reach. These leading female entrepreneurs and CEOs are doing amazing things for women in business and are simply top of the class.
Zola is one of the most talked about women owned companies in America. On average, women entrepreneurs who started businesses in the last 10 years experienced an 18.6 percent return on investment. For women who started businesses in the last decade, Zola beats the national average for women entrepreneurs with a 5.9 percent ROI. The founder, Shan-Lyn Ma was inspired to start the site from the inspiration of her mother and her own friends. She turned her college campus magazine ZPillow into a profitable brand by translating her passion for interior design and personal style into what would become a one-stop-shop for gifts, party supplies and home decor.
Parachute Linen Duvet Cover Set
Parachute was founded by former book publisher and mother Jen Rubio in 2009. Rubio and her husband, Jeffry, quickly saw the brand potential in an inexpensive but useful set of sheets, and they were ready to share their product with the world after a month. There’s a cool modern take on how they make their product, too. Rubio launched Parachute with a simple philosophy of “unsurprise.”
Iro, the Parachute bedding brand, will be launching an exclusive e-commerce site as part of the Refinery29 digital studio’s anniversary on October 11th. The site is full of new and exclusive items for the anniversary, all of which are in line with Rubio’s initial vision for Parachute — inexpensive, reasonably-priced home goods.
Saalt Menstrual Cup
CEO & Founder Cherie Hoeger created Saalt out of necessity. According to the company, the design of the Saalt Menstrual Cup has a 10-year life span, is recyclable and hypoallergenic, and has the capacity to serve 200 women each day. When a single woman can use up to 42,000 of these cups each year, it’s a women-run enterprise that you should consider supporting.
Lisa Palmer created CycleBar and was an instant hit within the area. The direct-to-consumer workout company has transformed from being a “men’s club” to being led by an equal amount of male and female owners. The first CycleBar franchise opened in Atlanta in 2010, and since then they’ve grown into more than 40 locations in the United States, Canada and Dubai. Women tend to use the gym for gynecological issues, rather than for purely recreational purposes, which is a small but welcomed turn of events.
Hero Cosmetics Mighty Patch Original
Hero Cosmetics Founder Ju Rhyu is giving back to women around the globe — specifically those of color — seems to be the brand’s main agenda. The Hero Cosmetics brand donates 10% of its proceeds to all-female owned social-service organizations, with a goal of donating more than $1 million by the end of 2019.
United Sodas of America
Marisa Zupan was thinking outside the box when creating United Sodas of America. United Sodas of America conglomerate consists of nine different labels, including Main Street Cola, Holiday Hill, Gralish and their newest creation Sugar Free Cola. Operating as a subsidiary of the Coca-Cola Company since 1933, UTSA is still majority-owned and managed by women.
Located in Evanston, Illinois, Caroline’s Bookstore, which also owns branches in Portola Valley, Mill Valley, New York and New York City, is a chain of 54 bookstores all operated by women. While the business began as a local spot for a cozy coffee shop, its leadership team has broadened it to feature a café and a retail store with free delivery through Amazon.