Let the Facts Inspire You
Women get it done (and Done Well)
According to Brookings Hamilton Project, since 2005 women’s educational attainment for undergraduate and postgraduate degrees have surpassed men’s. In other words, more women are graduating college and graduate school than men.
More than 12.3 million firms in the U.S. are owned by women. They employ over 9.2 million people and generate 1.8 trillion in revenue.
African-American women are the fastest growing group of entrepreneurs in the United States.
From 2007 – 2018, total employment by women-owned businesses rose 21%, while employment for all businesses declined by 0.8%.
As Calvert Impact Capital points out, investing in women is smart economics. “Research consistently shows that economic growth for women has an important multiplier effect - when women flourish, so do societies. Women around the world invest 90% of their income back into their families and communities, which translates into greater access to nutritious foods, education, healthcare, and increased economic activity.”
A MassChallenge study of all startups to pass through their accelerator program found investments in companies founded or co-founded by women averaged less than half the investments made in companies founded by male entrepreneurs. However, startups founded and co-founded by women actually performed better over time. For every dollar of funding, these startups generated 78 cents, while male-founded startups generated less than half that—just 31 cents.
A growing body of evidence shows that organizations with a higher percentage of women in leadership roles outperform male-dominated companies.
Together we can capitalize on missed opportunities
A Carnegie Mellon University study found that only 7% of women attempted to negotiate their initial offers, while 57% of the men did so. The costs of not negotiating compound over time and can add up to millions of dollars.
You miss 100% of the shots you don’t take and women are sitting out on opportunities to build businesses. In 40% of economies, women’s early stage entrepreneurial activity is half or less than half of that of men’s. American women, despite being among the most financially literate women in the world, are 44 percent less likely than American men to consider themselves knowledgeable.