Women Presidents' Organization (WPO) Blog

Created for women presidents of multi-million dollar businesses.
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Thursday, December 13, 2007

Small Business is Big Business

Many thanks to WPO member Lena West, founder and CEO of xynoMedia Technology who turned us on to a great Fortune Small Business video about the global impact of small business.

Did you know? (stats are from the video clip)
> American small business is the world's 3rd largest economy
> Half all all US business are owned by women and generate about $2 trillion in sales
> 69% of women entrepreneurs are likely to ask for advice, compared to 47% of men

Learn more/access the video here!

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1 Comments:

  • At December 20, 2007 1:21 PM, Blogger Laurel Delaney said…

    Great post. Thank you for sharing.

    A stat not mentioned in the video clip is that global small businesses play a HUGE role in global trade. They typically generate 29 percent of the U.S. export sales in a given year, and in 2005, they accounted for nearly $300 billion of the $906 billion generated by all U.S. exporters.

    Here's our mantra for next year ... "Get it straight in '08: Go Global!"

    All the best,
    Laurel

    http://borderbuster.blogspot.com

     

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