Here are some interesting statistics about woman business owners. Rather than fighting the corporate world for:
- equal pay,
- family friendly policies and
- promotions to the top
…many women are leaving that struggle behind to start their own companies.
In fact, according to a report commissioned by American Express, women are the fastest growing group of entrepreneurs in America — the number of women-owned businesses grew 1.5 times faster than the national average at 74%. The rate of African American women business owners grew even faster –3 22% from 1997 to 2015.
This means women own 30% of all U.S. businesses today! These women-owned businesses have added 340,000 jobs to the economy while jobs at men-owned companies have declined since 2007.
With all that good news only 10% of women-owned businesses and 20% of men-owned businesses have any employees, most are single proprietors working alone.
As a woman business owner who works solo you might start asking yourself if you have tapped out the maximum of what value you can offer customers, or just tapped out what you can do yourself.
If your answer is your time is your limiting factor than you might be reducing both your own wealth and the wealth you could contribute to your community by staying small.
If you need help assessing how you can move from working harder to earning more I offer many products to help you start to move into a life that is rewarding and abundant. Sometimes a little bit of help looking at your situation from a new perspective is all it takes to catapult you into success that makes your current success pale in comparison.