The article is an excerpt is taken from And now for the good news by Susan Ray, Moment Point Press, 2007.
Ms. Ray quotes Margaret Heffernan's book How She Does It: How Women Entrepreneurs Are Changing the Rules of Business Success (Viking, 2007). To wit:
Forty percent of all privately held companies in the US. 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 color 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 Fortune 500 companies combined.
Every day in the U.S., 420 new women-owned businesses are formed.
These numbers "defy logic," says Heffernan. Women "receive only 5 percent of all venture capital. So not only are women doing really well, but their businesses are thriving when the playing field is tilted against them. That makes these numbers all the more incredible."
Many bloggers are posting thankfulness lists this Thanksgiving weekend, but I'm lumping all of my thanks on ODE for its thoughtful, inspiring content and intriguing ads. It give me more hope and courage than any 16 other publications (especially those in the MSM)combined. Thanks to founder, editor, publisher, and handsome fellow Jurriaan Kamp.