National Women’s Entrepreneurship Day – FREE Business Coaching Giveaway
In honor of National Women's Entrepreneurship Day WISe is giving away 5 FREE business coaching sessions from Cathy Lindemann, WISe Wellness Guild's Business Coach-In-Residence.
According to Women's Entrepreneurship Day Organization, there are approximately 10 million American woman-owned businesses, generating $1.3 trillion in revenue and employing 7.8 million people. This number is expected to increase by 90 percent in the next five years, with 500,000 new businesses being created each year in the U.S. alone. At the same time, 1 in 3 women in America lives in poverty and of the 1.3 million people living in severe poverty globally, 70 percent are women and girls.
Today, in the United States, 38% of new businesses are founded by women, but only between 2-6% of them receive VC funding. One recent survey of 350 woman-owned tech startups revealed that 80% of founders used their own savings to launch their businesses. At the same time, an increase of women in leadership positions from zero to just 30% is associated with a 15% increase in profitability. Women are the world’s most responsible borrowers, paying back micro-loans worldwide today at a 97% rate of return. 90% of the money they earn is used to educate their children and to provide for their families.
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