Kathey Porter Interview on Women Owned Businesses:
Madame CJ Walker was the first self made
woman millionaire thru hair care product in the 1900s. Building a
networth of $14 million dollars in 1920.
Quite a feat today let alone in 1920.
According to the 2014 state of women-owned businesses report
commissioned by american express open, while firms owned by women of color are
smaller than non-minority women-owned businesses, their growth in numbers and
economic clout is generally far outpacing that of other women-owned entities.
Businesses owned by african-american women grew 296% from 1997 to 2014 and
generated nearly $50 billion in revenue.