So here are some interesting facts: there are 8 million businesses in the US. 16% are owned by women. 4.2% of all revenue generated by businesses comes from women owned businesses, and only 20% of women owned businesses have employees. (NYT article) businessesThe group that did the research is trying to persuade the government to provide more funds to help build women's businesses. How can we women owned businesses be supported to increase the number of employees in their businesses?
This is interesting and I'd love to see what they think will motivate women to want to take employees. I have seen women at the company I work at move up the ranks and then some choose to take non-management roles - why? Is it their true career choice, is it to accommodate work/life balance while they'd like to be focused on career, or not, is it because they're avoiding managing people?
The research group is saying the more information needs to be available on how to grow a business, whereas today the focus is on how to start a business.
The article mentions the competition for women small businesses to push themselves to make a million dollars, 'Make Mine a Million $ Business' - its a fun location to get inspired and if so inclined and motivated, why not sign up your business to aspire to be a million dollar business - you can do it!
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