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Wednesday, June 25, 2008

CBS NEWS: Black Women Business Owners Gain Market

WOW! A report about Black women's success that isn't couched in terms of the failures of Black men or how Black women's achievements amount to a crisis. Are you watching NBC Nightly News?

So CBS's Byron Pitts did a segment on the growing number of Black women who own their own businesses.

Between 2002 and 2008, the number of firms owned by African American women increased by 19 percent - twice as fast as all other firms, according to the Center for Women's Business Research. And they generated $29 billion in sales nationwide.

What's driving these women into entrepreneurship?

"There's this disillusion in the corporate world," said Beverly Holmes of the Center for Women's Business Research. "It's the fact that this glass ceiling is still there." CBS News. CBS NEWS

Notice how he didn't feature women lamenting how owning their own business will affect their marriage and dating prospects. That's the good news, the not so good...the average annual revenue for black women business-owners is $37,787, while Black men $107,720 a year white women earn $155,000. We've got to close the gap ladies!

Thanks Byron!

You can compare this review of how CBS handled the issue of Black women entrepreneurs with the hack job NBC Nightly News did on us.