PR 101 Radio

According to an article in Glamour’s August issue, 87% of freelancers and entrepreneurs say they’re satisfied with their jobs. That’s good to hear! As Three Girls Media and PR 101 Radio (in addition to many of our clients and guests) are women-owned businesses, I found the following facts Glamour collected interesting:

• The median cost to women who start up a business is $2,000 (when Erika Taylor founded Three Girls Media, it was with a $3,000 personal loan which was paid back within the first year).
• $143,726 is the average net worth of a female entrepreneur.
• Women’s net business income grows at an annual rate or 7% - nearly twice as fast as men’s.
• The number of women-owned businesses has risen 42% in the past 10 years.

Here are a few more fun facts about Women in Business I found on the National Women’s Business Council website:

• In 2004, women accounted for more than 51 percent of the United States population and 47 percent of the American labor force
• As of 2006, there are an estimated 10.4 million privately-held businesses in which a woman or women owns at least 50 percent of the company. Among them, 7.7 million are majority-owned
• The largest share of privately-held majority women-owned firms is in the service sector, with more than two-thirds (69%) of women-owned firms in services

Be sure to check out the National Women’s Business Council site for more stats on women in business!