For Rachel Friedman, being an entrepreneur is a lot like being on a trapeze without a net – and knowing you don't have a net.
"But that's part of the exhilaration," she said. "The highs are really high, and the lows are really low."
Friedman, the founder and CEO of Tenfold, knows a lot about the highs – she's successfully launched and scaled a business that recently made the Fortune 500 Companies List – and the business itself is only five years old.
But she's no stranger to the lows, either.
Friedman said that unfortunately, Tenfold, the local strategy and creative firm, is only part of 12% of businesses in the Fortune 500 that are owned by women.
"That makes us proud, but also very concerned," she said.
In this episode of the Women of Influence podcast, Friedman talks about the hurdles of being a woman business owner, gives the rundown on whether or not an MBA degree is worth the cost, and also who inspires her most – her restauranteur mother and jelly factory owner grandmother.
"I think I learned from both my grandmother and my mother is that they were who they were," she said. "They weren't going to change who they were as a person, in whatever role they had – whether that role was boss or mom – and they did it in their own style."