Showing posts with label WPO 50 Fastest Facts. Show all posts
Showing posts with label WPO 50 Fastest Facts. Show all posts

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