A new study commissioned by American Express Open estimates there are over 8.3 million women-owned businesses in the United States. Many of you may be thinking of joining — or recently joined — their ranks.

If you think it’s time to ditch your boss and become one yourself, or have already done so, watch what qualities Melissa Mowbray-d’Arbela — founder of a multi-million dollar biotech startup — believes women need to start a business.

Watch Melissa’s full video on The Story Exchange.

Is Melissa missing anything? Share what traits you think women need to start up and grow a business.

PS: You may also want to take our startup quiz to see if you’ve got entrepreneurial chops or find out what you may need to work on, at least on paper.