According to the 2017 report “The State of Women-Owned Businesses”, as of January 2017, there are an estimated 11.6million (11,615,600) women-owned businesses in the United States that employ nearly 9 million (8,985,200) people and generate more than $1.7 trillion ($1,663,991,700,000) in revenues. Over the past 20 years (1997–2017), the number ofwomen-owned businesses has grown 114% compared to the overall national growth rate of 44% for all businesses.
The wealth and influence within LinkedIn’s 200+ million women in business community is phenomenal. If we channel it properly, we can can outpace men when it comes owning million dollar companies, transform Main Street, fund charities that help women get back on their feet and so much more. It just makes perfect economic sense for businesswomen to come together to support each other’s businesses as well as collaborate instead of beating the bushes for clients.