Creating More Women Millionaires
From Business Week: "Only a tiny percentage of the many women-owned businesses break the $1-million threshold in annual revenues. An ambitious program aims to change that."
A new organization www.makemineamillion.org , wants to create a national community of one million women dedicated to growing their companies to $1 million by 2010.
The article states, "According to your data, 97% of women entrepreneurs own businesses that generate under $1 million in annual revenues…The numbers are for privately held enterprises included in 2002 U.S. Census data. …What she found is that around 3% of women-owned companies — that's 242,000 out of a total of 10.6 million women-owned firms — earn $1 million or more annually. Roughly three times as many male-owned companies — 818,000 of them — bring in $1 million or more annually."
- Also reference NAWBO, and the Women Presidents Organization.