Women Start Nearly 2,000 Businesses a Day

In its eighth annual State of Women-Owned Businesses Report, American Express found that women-owned businesses now employ 9.2 million people and generate $1.8 trillion in revenue.  Further, women started new businesses at the rate of 1,821 a day between 2017 and 2018.

Businesses started by women that generated revenues of more than $1 million a year increased 46 percent in the last 11 years, compared to a 12 percent increase for all businesses, per AMEX.

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It Ain't Easy Growing a Business Past the $1 Million Mark

According to Small Business Trends, entrepreneurship among women is on the rise. Women own 36 percent of all businesses. Yet, women get 33 percent less capital for their ventures.  Those numbers are according to the American Express report.

Women who start and run businesses, especially past the $1 million mark, do not let roadblocks get in the way.

Learn more:  The Truth About Women-Owned Business