Other women in business. Despite the fact that women received only 1.6 percent of the $34 billion in venture capital investments from 1991 to 1996, according to statistics Released by the National Foundation of Women Business Owners, women owned firms are the fastest growing sectors of the
Let's take a look for a moment at the sheer size and scope of this market in the
• Women - Owned Businesses comprised 38% of all businesses, or 9.1 M Companies
• 3.1T in Sales
• 2,700 Women’s Business Associations
• $3.3 Trillion purchasing power
• Purchase 81% of all products and services
• 53% of all purchasing agents
• 50% of all travel
• Spent $50B+ in technology in 1999
• Represent 50% of all Internet Users who spent $3.5 B on technology in 2000
So what is the best way for women to capture the potential of this huge market? Probably one of the best ways is to leverage the power of the net to enter into an online marketplace to showcase your own products and services and to buy or sell products and services from other business women. Bear in mind, small businesses with 50 or fewer employees make up more than 99% of all employers in the
• Women are the driving force behind the growth of e commerce on the Net 92M Internet users
• Online purchases by women increased 80% in 9 months So, the single, inescapable fact which has presented women with an unleveled playing field for so many years..... the fact that we are women, with different challenges and perceptions in the workplace.... can finally be turned to our advantage, judo style. The men may control bigger companies, but there are more of us, and taken as a group, we now control more money and have more employees than the Fortune 500. In addition, we understand the women in business market in a way no man does, from the gut and from the heart. So this is the moment to seize our advantage and aim directly for the world's fastest growing market: other women in business