For example, there are a lot of rose-colored ideas of what it means to be an entrepreneur. Entrepreneurs may get to make their own schedules and not have a corporate contract committing them to a set time period. However, most of their time isn’t committed to themselves. In order to successfully run a business, an entrepreneur must consistently focus on their business. 

In the U.S. alone, women entrepreneurs generate $1.1 million in revenue on average across retail, professional and personal service businesses that have operated for 11 years. This stat comes from Visa’s new ‘State of Female Entrepreneurship’ report, which informed their recently announced program, She’s Next, Empowered by Visa, a global initiative to support and champion women in their efforts to grow their small businesses. This highlights the important role women entrepreneurs play in the prosperity and economic development of local communities.