How to get more women to run small businesses by 2025

According to the Small Business Administration (SBA), only 21 percent of small businesses are owned by women. On average, a female-owned company had an average of $ 1.3 million and employed eight people. The bigger the company, the worse the statistics get. Only about 5% of CEOs among the 3,000 largest US companies are women.

On this week’s episode of the Small Business Radio Show, Gloria Feldt, a New York Times bestselling author, speaker, commentator, and feminist leader who has earned national recognition as a social and political advocate for women’s rights, discusses leadership equality. In 2013 she co-founded Take The Lead, a non-profit initiative that aims to lead women on an equal footing by 2025. She is the former CEO and President of the Planned Parenthood Federation of America and led the organization from 1996 to 2005.

Gloria Feldt on small business owned by women

In my interview, Gloria not only deals with current event topics, but also answers these questions about leadership:

  • Are we currently moving forward or backward on gender and race equality in the workplace?
  • How do we get women back on track after their professional setbacks caused by the pandemic?
  • Why the struggles for race and gender parity must go hand in hand.
  • Why it aims to reach parity by 2025.
  • How do people who identify as trans, non-binary, and more likely to fit into the equation?

Gloria recommends a new type of leadership for women: “Vision, Courage, and Action”.

  • helps women see the consequences of actions and “bow down” when necessary.
  • improves your effectiveness in meetings and presentations (also online).
  • is a proactive practice that builds habits that support your leadership journey and filter out “power demons”.
  • helps you turn your barriers into assets.
  • helps you use your energy by using your ambitions as fuel to achieve your intentions.

Listen to the entire interview on this episode of the Small Business Radio Show.

Image: gloriafeldt

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