How Two Female Entrepreneurs Managed To Grow Their Business During Covid-19

  • Date: 12-Mar-2021
  • Source: Forbes
  • Sector:Economy
  • Country:Middle East
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How Two Female Entrepreneurs Managed To Grow Their Business During Covid-19

Sharon Pak and Jordynn Wynn, Co-Founders of Insert Name Here Hair Between 1997 and 2017, the number of women-owned businesses increased by 114%, a rate 2. 5 times higher than the national average. Although women-owned firms represent 39% of all companies, they're responsible for only 8% of employment and 4% of revenues. This is particularly noteworthy given the recent report, which stated 140K job losses for women this past December due to the Covid-19 pandemic. For many women, having transversal skills and an entrepreneurial mind can help keep them employed and enable the further advancement of increasing the number of females in leadership roles. Two women who offer an example of pivoting their careers and creating their own business are Jordynn Wynn and Sharon Pak. They were listed as Forbes 30 Under 30 and are the Co-Founders of Insert Name Here (INH) Hair. Ms. Wynn and Ms. Pak were Colour Pop's first two employees and were approached by Kombo Ventures founder Kevin Gold about starting their dream brand. Sharon and Jordynn realized there was a gap in the hair market when it came to audience hesitation and areas where competitors fail to educate consumers - INH is completely transparent in