Monday, June 04, 2018

2018 WPO 50 Fastest Facts

"Since 2007, the WPO launched the listing of the 50 Fastest-Growing Women-Owned/Led Companies to focus much-needed attention on the vital role that women-owned/led companies have in boosting the economy and enhancing overall job growth,” notes WPO President and Founder Dr. Marsha Firestone.

Facts about the 2018 WPO 50 Fastest:
  • Average age of women-owner/leader is 51; with half of the winners in their 30’s and 40’s
  • Aggregate revenue is $8.3 billion, up $1 billion from last year
  • Average 2017 revenue was $165.3 million
  • Average number of employees on first day: 13; projected average for 2018: 799
Funding sources at company start:
  • 70% with their own funds
  • 12% with funds from friends and family
  • 4% with a bank loan
  • 8% with a line of credit
  • 4% with a credit card
  • 4% with private investors/angels
Read more about the 2018 Winners of 50 Fastest Growing Women-Owned/Led Companies Announced by Women Presidents’ Organization

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