Entrepreneurship is an ideal means for females to generate income (Gordon, 2007; Helms, 1997). Entrepreneurship is the process of creating something different or new that has intrinsic value. Among other activities, it can include developing new products or identifying new markets (Low & Macmillian, 1988; Wiklund & Shepard, 2003). An entrepreneur may be defined as an individual who identifies an opportunity, undertakes a risk, and organizes the resources, both human and monetary, to create an organization that provides a good or service in order to generate a profit. Entrepreneurial business activity accounts for roughly half of all business innovation and half of the U.S. nonfarm, private, gross domestic product (Chavern & McKernan, 2013). About 10 million adults in the United States attempt to create a business or entrepreneurial endeavor each year.