Article of Interest: What Are the Reasons For Gender Disparity?

Is there a gap between what men make versus what women make when running a business?  According to a 2014 report by Ernst & Young, there sure is.

Male-run businesses are 3.5 times more likely to surpass $1 million in sales than their female-run counterparts and only 2% of women-owned companies ever break the million-dollar mark, according to a 2014 report by Ernst & Young. "Women start businesses at nearly twice the rate of men, but far fewer of them actually scale," says Kerrie MacPherson, a partner principal at Ernst & Young.

What are the reasons for gender disparity?

Read:  Why More Women-Run Businesses Aren't Making Millions

Screenshot courtesy:  EY

Video of Interest: What is the Women Presidents' Organization?

In this video, learn about the Women Presidents' Organization, the WPO Annual Conference and top women-owned businesses in the world.

News of Interest: Women of Color Achievement Awards 2014 (St. Louis)

100 Black Men of Metropolitan St. Louis, in partnership with the Women Presidents’ Organization, announce the recipients of this year’s Women of Color Achievement Awards.

A total of 11 women from the St. Louis area will be honored at the 2014 Women of Color Achievement Awards reception, sponsored by IBM and UPS. The event will take place on November 13th from 6:00 – 8:00 p.m. at the Norwood Hills Country Club.  All award recipients were identified by the 100 in conjunction with local chapters of the WPO.

To learn more and to find out the 11 women who will be honored, visit:

100 BLACK MEN OF METROPOLITAN ST. LOUIS PARTNER WITH IBM, UPS AND THE WOMEN PRESIDENTS’ ORGANIZATION TO HONOR LOCAL ENTREPRENEURS AND BUSINESS LEADERS 

Congrats to all the award winners!

Screenshots courtesy:  100 Black Men  St. Louis and Women Presidents' Organization

Article of Interest: More Women Starting Businesses

According to American Express OPEN’s 2014 State of Women-Owned Businesses Report, nearly 9.1 million women-owned businesses currently operate in the United States, generating over $1.4 trillion in revenues and employing nearly 7.9 million people.  Women are launching 1,200 new businesses a day.

The report also found that between 1997 and 2014, the number of women-owned businesses increased by 68 percent, 1½ times the national average rate of 47 percent.

Learn more:  Upward trend in women-owned small businesses

Screenshot courtesy: American Express OPEN Forum