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Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic

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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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Amazon's record Prime Day masks a darker truth: Americans are spending more and getting less
MPWNext Gen

Anousheh Ansari on going from business to the stars

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Shalene Gupta
Shalene Gupta
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By
Shalene Gupta
Shalene Gupta
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December 3, 2014, 3:28 PM ET
DLD Conference 2010
MUNICH, GERMANY - JANUARY 25: Anousheh Ansari, first female private space explorer, poses during a portrait session at the Digital Life Design (DLD) conference at HVB Forum on January 25, 2010 in Munich, Germany. DLD brings together global leaders and creators from the digital world. (Photo by Andreas Rentz/Getty Images for Hubert Burda Media)Photograph by Andreas Rentz — Getty Images
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As a child growing up in Iran in the 1970s, Anousheh Ansari lay in her backyard staring at the stars, wondering where they came from and what they were like. The Iranian revolution hit. In her teenage years, Ansari immigrated to the United States, majored in electrical engineering, and started her own company. But she also made good on her dreams: in 2006 she became the first Iranian in space.

At Fortune’s Most Powerful Women Next Gen Summit in San Francisco, Ansari discussed how business fueled her space dreams as well as the plight of Iranian women in STEM (science, technology, engineering and math) fields. Ansari who is the co-founder of two companies—Prodea Systems which provides smart home services, and Telecom Technologies—self-funded her trip. The fourth self-funded person in space, she joked that business pays for her space habit.

Business took Ansari to the stars, and she believes it will be the key for more space innovation. “Private enterprise brings a lot of competition,” she said. “If you compare how much technology has changed over the past 50 years compared to how much space innovation there is, there’s a huge gap.”

Yet Ansari, who has channeled the power of business to make good on her dreams, is an exception. Although in Iran more women than men get an education in STEM, women are still mostly left out of the business equation. “In societies that are more closed, education gives people an outlet for creativity and expression. It’s power,” Ansari said, explaining the high rates of women in STEM in Iran.

However, she added, that in the job market, these women still have few opportunities. Many women start small businesses, but they don’t get much support. It’s easy for their businesses to get shut down. There’s also a reverse affirmative action in the job market, because there are so many trained women,” she adds.

Still, Ansari, who said that being up in space gives her perspective, has high hopes for a better future. As for where she wants to go next? The Moon, or possibly Mars. But up high, back to space, where the stars are, and all of earth’s problems seem fixable.

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