Did you know that the number of female founders has more than quadrupled over the last 10 years?
And with good reason too!
Women-led companies are more focused on human-centered business models and operate holistically rather than solely for turning profits. A lot of research demonstrates that diverse teams and female-led companies perform better across several metrics, including return on investment.
Startups with a female founder hire 2.5 times more women, and companies with a female founder and a female executive hire 6 times more women. (Here’s to women supporting women!)
Women Founders and CEOs bring unique perspectives to business problems because of how they approach the world, seeing an unmet need or creating a solution to a problem because of personal experience.
Women-Led Companies Are More Likely To Focus On Corporate Social Responsibility
Giving back to the community, providing support to a specific cause, or using environmentally friendly materials is a top priority to these companies instead of concentrating on profit margins.
These companies are often founded with a socially responsible purpose.
Female Founders Strive To Build Strong Relationships With Employees
Having a connection with every employee creates trust, increases productivity, and drastically reduces employee turnover.
Employees are happier, work better, and stay longer at these companies.
Female Founders and Executives Aim To Provide a Work Culture That Empowers Employees
These founders understand the importance of cultivating a culture at work that inspires employees to grow, flourish, and thrive – with an emphasis on mental health, personal and professional development, and diversity, equality, and inclusion.
Female founders are innovative forces to be reckoned with.
Among them is Seema Shenoy, Founder and CEO of the Silicon Valley Startup Chef Avenue™.
Chef Avenue is more than a cookware company. It’s the melding of culinary art, scientific thinking, and a passion for food.
Seema Shenoy is successfully positioning herself among her female founder peers with her company, Chef Avenue. This cookware company has set itself apart from its competitors – from the cookware itself to the company’s goals and missions to the infusion of DEI to the idea that started it all.
Her main goal is for her company to be a socially, ethically, and environmentally responsible company that produces innovative, modern, and accessible cookware for everyone.
She has infused diversity, equality, and inclusion into Chef Avenue, and an excellent example of this is their ADA-compliant website.
Chef Avenue plans to donate a portion of profits to charities that provide medical care to underprivileged communities in the United States and worldwide, carrying on her parent’s mission.
Wrapping Up
Women-led companies operate differently and prioritize different things.
These companies solve business problems in the same manner that women approach the world and function to provide greater importance to employee physical and mental health and social well-being.
They know that having solid relationships with their employees creates trust, higher productivity, and happier employees. And cultivating a work culture that empowers their employers is equally as important as establishing those strong relationships.
Female founders and women-led companies are unstoppable powerhouses and won’t slow down anytime soon.
