A study by fashion retailer Missy Empire has revealed the most common age for women to launch a business to be age 33.
So, if you were born in 1986, this could be your year!
The study of 30 top celebrity female entrepreneurs explores the events and factors leading to their incredible success to reveal:
- 40% made their millions/billions during their 30’s
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- More than two-thirds (63%) are self made
- More than half (53%) do not have a college degree
- Over 40% launched businesses in the fashion industry compared to 6% in sport
- On average they have 2 companies to their name
7 Female Entrepreneurs Who Launched their First Business in their 30’s
- Kristin Cavallari (age 30)
- Huda Kattan (age 30)
- Jessica Alba (age 30)
- Oprah Winfrey (age 34)
- Jessica Biel (age 34)
- Kate Hudson (age 34)
- Gwen Stefani (age 36)
Top 5 Most Lucrative Industries
Interestingly, the majority of female entrepreneurs have earned their fortunes through companies in the following industries:
- Fashion (43%)
- Cosmetics (20%)
- Food and Beverage (10%)
- =Technology (6%)
- =Sport (6%)
- Other (15%)
Based on their findings, CEO of Missy Empire, Ash Siddique said:
“Female entrepreneurs are so important and they need to be talked about. Young people today can be inspired by these successful celebrities and know that you don’t necessarily need to have the most obvious criteria to become a Girl Boss.
“We have researched women from all walks of life, and that shows budding entrepreneurs that everybody has a chance to be successful if they work hard enough.”