BeyoncÃ©â€™s single â€œRun the World (Girls)â€ includes a strong message of female empowerment. And, with female entrepreneurship on the rise, it could prove to be prophetic.
AÂ recent Babson College studyÂ Â identified Â an estimated126 million women worldwide who were starting or running businesses, with 98 million operating businesses that were three and a half years or older. This is good news for the economy, as women are increasingly contributing to job creation around the world. Â In fact, theÂ Guardian Small Business Research InstituteÂ projects that female-owned businesses will createÂ 5 million new U.S. jobs by 2018, representing roughly one-third of the 15.3 million total new jobs estimated by the U.S. Department of Labor. Â In emerging markets,Â women are also a driving force behind reinvestmentÂ in important poverty reduction, health and education programs.
At HP, we are committed to using our technology and services to empower entrepreneursâ€”men and women alike. OurÂ HP LIFE e-Learning programÂ provides free online business and IT training modules to help entrepreneurs start or grow their businesses. The modules are available in multiple languages, making the program accessible to entrepreneurs around the world.
In honor ofÂ International Womenâ€™s DayÂ this weekend, we wanted to take a moment to profile two female entrepreneurs who have enhanced their business skills with the help of ourÂ HP LIFE e-Learning program.
- Ada Bustamante used the HP LIFE e-Learning program to make her â€œClean World Better Livingâ€ commercial and residential cleaning business more efficient. Through courses on Excel, time management and budgeting, she overcame organizational and administrative challenges and is now better able to estimate costs for clients. She also hired her first employee and is building a company website.
- Neha Gupta used the HP LIFE training program to build the IT skills she needed to launch and market her jewelry business in New Delhi, India. She hopes her business will improve the lives of local jewelry craftsmen and positively influence her community.
Ada and Neha are just two examples of women taking control of their destinies. Studies have shown that learning business knowledge and skills empowers women to become providers for their families. Financial management training has also beenÂ proven to increase womenâ€™s direct control over resources.