Stats about Women Entrepreneurs

I love stats. I especially devour stats about entrepreneurs. Recently I was doing some research on women entrepreneurs, and found these 2008 stats from the Center for Women’s Business Research ( www.womensbusinessresearch.org) . Check ‘em out:

10.1 million firms are owned by women employing more than 13 million people, and generating $1.9 trillion in sales as of 2008
One in five firms with revenue of $1 million or more is woman-owned
6 percent of all men-owned firms have revenues of $1 million or more; and
3 percent of all women-owned firms have revenues of $1 million or more.

I also read a research report recently conducted for the SBA titled: Self-Employed Women and Time Use (http://www.sba.gov/advo/research/rs341tot.pdf ). The results were fascinating. One of the big take aways for me was that high-earning women with high-ability tend to enter self-employment more often. Is it that this group of women is more confident in their skill sets and experiences, so they are more likely to be a risk-taker in the world of entrepreneurship? What do you think? Before you answer, read my blog about the four characteristics of successful entrepreneurs.