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AAPBS President's Message October 2019

Dear AAPBS Members

I have noticed recently that women established companies, which have turned out to be successful.

Traditionally, entrepreneurship has been a male-dominated industry. When 

most people are asked to list famous entrepreneurs, most of the names 

given are male. In a recent list of the top 25 entrepreneurs, only two women 

are included. Historically, women have been underrepresented when it 

comes to entrepreneurship. They also still face many roadblocks to 

securing funding and launching a successful company today. Before 

2014, only 15 percent of those pursuing angel investment were female.

Thankfully we’re seeing changes on the horizon. Today, women make 

up 40 percent of new US entrepreneurs. According to a recent report, 

women are now slightly more likely to begin a new business than men. In 

fact, last year saw the beginning of an average of 1,821 new women-owned 

businesses each day. Today, more women have the opportunity to educate 

themselves about starting a new business. It’s also easier for them to meet 

mentors, and they have more options for finding funding.

Women have the potential to fuel our country’s future economic growth. In 

the US, female-owned businesses have an economic impact of $3 trillion. 

These women are also responsible for creating or maintaining 23 million jobs.

Studies also show that female-led businesses also perform better than those 

led by men. Companies founded by women generate more than 60 percent 

more revenue for investors than those launched by men.

As a result, future investors will be more likely to turn to female-founded 

companies when it comes to investing their money. After all, businesses 

created and led by women have a powerful economic impact, are 

consistently creating new jobs, and provide a great return on investment.

Unfortunately, female entrepreneurs still have to overcome a variety of 

roadblocks. Their main challenges include a lack of education and 

difficulty financing their ventures. Entrepreneurship has traditionally been 

a boys’ club. In addition, the vast majority of the decision makers at 

venture capital firms are male. Because female entrepreneurship is only just 

now beginning to take off, women lack female mentors and role models.

Women, however, are working hard to support each other in the new 

industry. They’ve created groups, conferences, and panels for fellow 

female entrepreneurs. Women are also becoming increasingly better at 

leveraging the limited resources they have in place. Their businesses have a 

significant economic impact. I’m excited to see how they’ll continue to 

transform the entrepreneurial landscape.

A Japanese business school operates an entrepreneurship program designed 

for women. Let me know if you have s similar case to it in your country.

Last but not least, I would like to meet lots of members at CFVG, Ho Chi Minh.


Best regards

Kenji Yokoyama

President, AAPBS

Executive Dean & Vice-President
Ritsumeikan Asia Pacific University (APU)


2019 EFMD GN Asia Annual Conference_1


AAPBS Secretariat NEWS OCT 2019