Female Supremacy Articles - Page 21

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Are Women Better Entrepreneurs?

Margaret Heffernan

Forbes

June 2006

Lurita Doan has always been an entrepreneur. Even while working for Unisys, she saw that there was a big new business to be built by customizing UNIX software for large corporate clients. She eagerly drew up a business plan for her bosses, but it quickly got lost in a series of mergers and reorganizations. It also didn’t help that every time she saw a new organizational chart, her group was further and further off to one side.

That chart was enough for her. Tired of being ignored, undervalued and unrecognized, she quit. It was a great move for Doan, because it propelled her into founding NTMI, a security- and surveillance-software powerhouse that has been named to the Forbes ASAP 500 list, the Washington Technology Fast 50 and the Deloitte & Touche Fast 500.

This is, of course, a success story for Doan, though not for Unisys. But we're not picking on Unisys. What is important about Doan’s story is the dizzying rate at which it is being repeated across the United States.

The World's Most Powerful Women

Every day, 420 women go out and start their own businesses--twice the rate at which men do so. And these businesses are growing revenue, profits and jobs faster than business as a whole.