April 28, 2008

Women Entrepreneur's Hold the Keys to the Web 2.0 World

iStock_000000933312XSmall.jpgIt seems that women due truly rule the world, or at least the Web 2.0 world.

A host of new surveys out from Hitwise, eMarketer, and Nielsen Online show that, more and more, women are more active on the 'net than their male counterparts. 

In it's 2007 survey, eMarketer predicted that there would be 97.2 million U.S. female Internet users aged 3 and older, or 51.7 percent of the total online population.

In addition, research commissioned by insurance group AXA found that 34% of new and expectant women were planning "to set up their own business from home……to use the web and email to carry on offering professional skills like accountancy on a consultancy basis."

There are a number of women entrepreneur's who have already hit it big online.  Take Net-a-Porter's founder Natalie Massenet, or Julia Reynolds, the women responsible for transforming Tesco's clothing operation.  But just ask any of them, and they'll tell you it wasn't easy.

Why? Because there is still a stigma that comes with being a female business owner.  As such, funding and investors are often difficult to find.  But that needs to change.

With statistics showing that the female population is all over the Internet, the next two decades will undoubtedly be filled with many success stories of online business; and those successes will be female driven.

In my opinion, investors and banks need to get behind the female business owners.  There is strength in numbers, and many successful online operations could force a major swing in the economy, both domestically and internationally.

It's no longer "the old boys club." These are the days of the "dotcom divas."

 

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Comments on Women Entrepreneur's Hold the Keys to the Web 2.0 World »

April 28, 2008

Alan @ 4:03 am

Hey Fashion Fox, A bit sexist don't you think? I would invest in a business based on its profitability, both current and anticipated and the talent of its management. I don't care if the head of the company is female. Heck, I always say, black cat, white cat, it doesn't matter to me as long as it can hunt. Alan from Corky on Fashion and Profit.

Alan @ 4:06 am

One last thing, the kitten in the photo of this post could hold any man's keys! LOL

Girl-Woman @ 10:47 pm

"Kitten in the photo"? Isn't that a bit sexist.

Meow…

Great post.

April 29, 2008

Payal @ 5:53 am

Great Post

April 30, 2008

Fashion Fox @ 1:12 pm

Well, when I tell men that I deal with the business of online fashion, they have stare at me and seem to wonder why on earth I gave up my career in online travel. On the other hand, women get it. I think that internet business still has a male brain. Men have a hard time seeing some opportunities that fashion offers as a business online. Most women do not.
So, I think that this article is right when it comes to our specific industry : it oftent takes a woman to get it right.

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