Fewer than 2% of women-owned businesses ever reach the $1 million revenue mark; compared to about 6.2% of their male-run counterparts, according to Inc.. However, female-led enterprises are increasing: in the past decade, the number of women-owned companies increased by 42%.
To address how to break the $1 million revenue milestone, we spoke with three women currently running multi-million dollar companies to give their best advice for entrepreneurs.