Why Do Women Earn So Little Money?

Did you know that women business owners earn approximately 45% less than our self-employed male counterparts?

Why do self-employed women earn almost half of our self-employed male counterparts?

Why do self-employed women earn half of our self-employed male counterparts?

(Sigh.)

I get agitated reading the analysis of women-owned businesses* because our earnings are a highly distorted reflection of our true value.

How can it be possible that…

  • 82% of women have annual sales of less than $50,000 per year
  • only 11% exceed $100,000 in yearly revenue
  • and just 1.7% break $1,000,000?


Another thing that irks me is the recommendation to support the women-owned businesses that are just shy of the million dollar mark. The SMALLEST percent of business owners.

american-express-open-women-earn

Percentage comparison of women-owned business revenue categories in 2014 and 2016. Which category are you in?

But what about the women who are making less than $100,000? Or <$50,000? Or <$25,000?

Yes, what about YOU?

I’m not here to judge what you want out of your business. Or project what you should want to earn. If you’re happy with less than $50,000, that’s okay. Maybe you’ve got other resources. That’s cool. Really.

But the women who seek me out all have bigger financial goals than that. 

And it’s possible you might too… but can’t figure out why it’s not happening.

It’s one of the reasons I host a free webinar about ‘The Real Reason You’re Not Earning A Reliable Income — and How To Get Off The Money Roller Coaster’.

I’ve got a session coming up soon. And we even do a live Q&A so you can ask any questions you’ve got on the topic.

Go ahead and register here now if you care to join us.

There’s no charge to participate. And maybe I will have cooled down by then. (Unlikely 😉 ) 

* Source: The State Of Women-Owned Businesses Report (United States) has been commissioned by American Express OPEN for the past six years.

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Posted In: Thought Leadership