US Businesswomen Rock
In How She Does it: How Women Entrepreneurs Are Changing the Rules of Business Success (Viking 2007), Margaret Heffernan says:
- 40% of all privatley held companies in the U.S. are owned or headed by women (a total of 10.4 million firms)
- Women-led companies are more likely than others to stay in business for five years, while companies owned by women of colour are four times as likely
- Women-owned companies are creating jobs twice as fast as other firms and pay in total more salaries than all the Fotune 500 companies combined
- Every day in the U.S., 420 new women-owned businesses are formed
(As reported in Ode magazine, December 2007)