April 16, 2015
It is an exciting time for women. 11 women billionaires in the United States. STEM is promoting women in science and technology yet, women still struggle for equity and control of their bodies, wallets, power and voice in business and their personal lives.
Further, more women are graduating from institutions than their male counterparts and still the imbalance remains. The irony is that for those who are to attend college the goal is to graduate and yet our leading business guru’s have been drop outs – weigh the irony. The news that “She’s America’s youngest female billionaire – and a dropout” is leading the way in healthcare biotech in blood makes Elizabeth Holmes a hard working role model for women of all ages.
“Elizabeth Holmes left Stanford University at 19 with a plan to start her own company. For money, she cashed out the funds her parents had saved for tuition. Now, she counts billionaire Larry Ellison as an investor and has former secretaries of state on her board.
“I think a lot of young people have incredible ideas and incredible insights, but sometimes they wait before they go give their life to something,” she said. “What I did was just to start a little earlier.”
It is unbelievable what women can envision and then accomplish from the previous generations. Just 10-to-20 years earlier women connected their fates to marriage. Now women of today are seeking career advantages for their success. These women who engaged in today’s models were seen as strange or anomalies for not seeking the path of marriage and children.
Now we have “Holmes, through her company Theranos, has taken on the $76 billion laboratory-diagnostic industry as her target. It’s an industry that was just waiting to be disrupted, since blood testing has not changed since the modern clinical lab emerged in the 1960s.”
“Her idea: No more vials. No more tourniquets. Just a pinprick of blood gathered in a container smaller than a dime. And up to 70 lab tests can be run on one drop of blood in less time than traditional tests.”
“Holmes thinks that ease of testing will make people more likely to go through with blood tests and help with earlier detection of illness, something she’s passionate about. Her father, Christian Holmes IV, has spent a career working in humanitarian assistance, including several executive positions with USAID.”
“My father worked in disaster relief and so I grew up in a house that had pictures of all these little children in really tough parts of the world,” she said. “I was absolutely convinced that was what I was going to do. Then when I started realizing that a company could be a vehicle for having very direct impact over a change that you are trying to make, I started thinking about the concept of what could I build that could impact a lot of peoples’ lives?”
Let Holmes be the inspiration for change to be the leader that each of us can be. It is a phenomenal time to be a woman and move beyond the stereotype to a new archetype of inspiration and change in business, leadership, social constructs and economics.
#BeTheWoman #WomanInPower #WomenEntrepreneurs