African-American women have always been industrious — and still are. According to the National Women’s Business Council, there are 911,728 African American women-owned businesses in the United States. This is an incredible increase of 66.7 percent since 2002 and a 191.4 percent jump since 1997.
African American women-owned business made $36.8 billion in 2007 (the latest stats available). And more than one in 10 (or 11.7 percent) of all women-owned businesses across the country are owned by African-American women. New York has the most black woman-owned firms with 98,877, followed by Georgia (88,920), and Florida (86,001).
Though African-American women are thriving as entrepreneurs, it isn’t easy starting a new business. Sometimes it is great to use those who have gone before us as examples. For Black History Month, we take a look at some inspiring quotes for African-American women entrepreneurs past and present.