---
title: "Founders Weekly: Turn your bright idea into a business."
description: "Founder’s Weekly: Turn your bright idea into business."
image: https://elladex.com/hubfs/2-Aug-05-2022-03-12-08-89-AM.png
---

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**[Shivani Gopal](https://elladex.com/insights/author/shivani-gopal)**

October 01, 2024  
| [Featured Article](https://elladex.com/insights/tag/featured-article), [Career](https://elladex.com/insights/tag/career), [Business](https://elladex.com/insights/tag/business)

# Founders Weekly: Turn your bright idea into a business.

![](https://elladex.com/hubfs/1-Aug-05-2022-03-11-35-64-AM.png)

**35% of businesses are now owned by women**

Frustrated by career growth and, in the wake of pandemic challenges, more women are becoming their own boss. In 2020, the [ share of business founders](https://www.linkedin.com/feed/news/the-rise-of-the-sheeo-4880001) grew by 45% for women and 32% for men, compared to a year before.

This is great news for women in general because seeing other women go out on their own and succeed could be just the push we all need to capitalise on your skills and ideas.

We know around 35% of businesses are now owned by women, with the number of SHEOs rising.

These female entrepreneurs may very well be the driving force behind economic recovery, with research by [Asialink](https://asialinkbusiness.com.au/uploads/documents/ALB0102_WomenLeadershipAsia_Report2020_v18_(003).pdf) suggesting that boosting the number of female business owners to be equal that of men, could add between $70 billion and $135 billion to our economy.

So, if you want to turn your bright idea into a business, how to start?

We tell you everything you need to know, including how to write a business plan, in[ 7 Steps to Small Business Success](https://www.theremarkablewoman.com.au/insights/7-steps-to-small-business-success).

More stories?

[**Largest-ever funding round for an all-Australian female founding team**](https://elladex.com/insights/largest-ever-funding-round-for-an-all-australian-female-founders)

[**Stress Alert: why you feel burnt out and what you can do about it**](https://elladex.com/insights/stress-alert-why-you-feel-burnt-out-and-what-you-can-do-about-it)

[**Women seeking abortion abused**](https://elladex.com/insights/women-seeking-abortion-abused-while-most-support-reproductive-rights)

 

 

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