Sorry if that bugs you, but numbers don't lie. As business women we have stepped up, spoken up and moved up. Things have really changed in the past 50 years for us and I am thrilled to have been a part of it. Here are some amazing accomplishments for us, as women:
We are now over 50% of the US workforce
We earn 4X more than we did 40 years ago
We comprise 40% of decision-makers of $11 TRILLION of invested money
We make-up 51% of professional & managerial workers
We bring in 1/2 or more of income in majority of US households
We own 40% of Small Businesses
There are more women millionaires THAN EVER!
But there is another side to the issue:
60% of women worry about not having enough money to last for retirement
Only 1/5 feel confident they can make smart financial choices.
Only 1/3 expect social security to be their primary source of income
Women generally refuse to get involved with money until a crisis occurs
Many still believe that money is too complicated to master
Here is the saddest number of all: THE POVERTY RATE FOR WOMEN AT LEAST 65 YEARS OLD, IS 40% HIGHER THAN THE RATE FOR MEN
As a business profit coach I hear it A LOT: "I am making good money in my business but I do not have a clue about my numbers or whether I am even making a profit. I hold my breath every single month."
These are smart, talented, remarkable and hard-working women. Some have advanced degrees or training - some don't. But most of them have looked away and held their breath. And that is one reason why 75% of small businesses do not survive 5 years - in my opinion. It is the lack of financial education and worse, the lack of applying simple financial "systems" to get a hold of and understand their numbers. I teach a simple system that takes 15 to 30 minutes a week to do that helps them track their numbers and feel confident of what is coming up.
My 30-Day Jump Start Program is the basic financial "system" to run your small business from a numbers perspective. I show you how to do create a financial spending plan, set up 2 basic savings accounts along with your business accounts and how to put some money in them EVERY WEEK so they know how to manage their numbers.
Stop holding your breath. Register for the 30-Day Jump Start Program. It will be the best $107 you have spent on your business - you will make every penny of that back. Every student so far has saved $1000s either personally or through their business.
Click here to register: www.businessprofitnow.com
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