1. Women and Minorities in Business & Entrepreneurship By Trevor, Jimmy, and Jason

2. White men hold most senior management positions White men hold most senior management positions In the last few decades women have increasingly joined the workforce In the last few decades women have increasingly joined the workforce Women have attained high status positions in companies Women have attained high status positions in companies Ebay, PepsiCo, Avon, Lucent

3. Women Minorities Women Minorities 10.4 million businesses are owned by women 10.4 million businesses are owned by women Women’s businesses have grown twice as fast as others Women’s businesses have grown twice as fast as others 16% of the 500 largest companies are represented by women 3.25 million were owned by minorities in 1997 Minority owned business has increased 168% since 1987

4. The Glass Ceiling Is an invisible barrier preventing women and minorities from advancing in business Is an invisible barrier preventing women and minorities from advancing in business

5. Glass Ceiling 78% of female minorities felt that discrimination effected their hiring and pay

6. Entrepreneurship An Entrepreneur is someone who starts and runs their own business At first they are in charge of many of the management functions

7. Entrepreneurship The risk is high for anyone who starts a business You may lose all of your investment There are a lot of rewards for a successful business owner

8. Entrepreneurship People who are entrepreneurs tend to have a less formal education People who are entrepreneurs tend to have a less formal education They tend to jump from job to job before they start a business They tend to jump from job to job before they start a business They also tend to be more independent They also tend to be more independent

9. Entrepreneurship Be your own boss Be your own boss Tend to work long hours in order to make sure their product succeeds Tend to work long hours in order to make sure their product succeeds They have a great satisfaction with their work They have a great satisfaction with their work Create their own ideas and market them Create their own ideas and market them

10. Three Types of Ownership Types of ownership Types of ownership Sole proprietorship: people who run their businesses single handedly Sole proprietorship: people who run their businesses single handedly Partnership: one or more partners supply the money and runs the business Partnership: one or more partners supply the money and runs the business Corporation: avoid being held personally liable for financial losses Corporation: avoid being held personally liable for financial losses