Women entering the workforce is possibly the most significant change the economy has seen over the past century. But women taking charge in leadership roles is a more recent trend. Women-owned businesses grew 21% just in the past five years! That’s notably higher than the 9% increase of all other businesses.
Gone are the days of women staying at the bottom of the corporate food chain. 2020 is a new era. Women are taking the business world by storm. Female CEOs and entrepreneurs are the new normal. They are doing things on their own terms, building their own products, and blazing new trails.
Li Hayes is a perfect example of this modern ‘womentrepreneur.’ She saw a need in the market — no product existed to cool menopausal women down during hot flashes. She also recognized the inability of cancer patients to regulate body temperature. Li left her desk job behind to build her product and embark on the entrepreneurial dream.
Li discovered the eco-friendly Lyocell fabric to bring her idea to life. The fabric regulates body temperatures through moisture wicking. Gentle on the skin, Lyocell is a perfect silky-smooth material for a fashionable and practical scarf. The Lyocell fabric combined with an inconspicuous cooling pack became her final design.
Li worked with an Alibaba.com seller to manufacture her product. She now proudly sells her Cool Me Scarf to customers across the US.
Li not only brought her Cool Me Scarf to life, it took her to the Oscars red carpet! An audience of 30 million saw Li walk the red carpet with her Cool Me Scarf wrapped around her neck. Attendees also received her scarf in a special gift bag.
Womentrepreneurs are essential to the workforce. New ideas come to life because women see a need. The Cool Me Scarf is changing the lives of Li and her customers.
Alibaba.com is the platform for entrepreneurs to make their business dreams a reality. Are you finally ready to build your product? Visit Alibaba.com to source the materials you need from sellers around the globe.
Already following your entrepreneurial dreams? Scale your business by selling wholesale on Alibaba.com.
Do your research — have clearly defined criteria when considering new vendors or suppliers.