Survey shows women are more successful entrepreneurs than men

3 years 11 months 1 week ago Wednesday, November 05 2014 Nov 5, 2014 Wednesday, November 05, 2014 6:52:00 PM CST November 05, 2014 in News
By: Amy Money and Bailey Harbit, KOMU 8 Reporters
loading

COLUMBIA - Women may now create more revenue with their businesses than men. 

A CNN Money article says women, who are worth at least $2 million, are more successful at growing their businesses. Those women reported an average of $9.1 million in yearly sales. Men in the same income category reported annual sales of $8.4 million. 

Columbia entrepreneur Kat Cunningham has had her business, Moresource, for 20 years. She said women are equipped to run a business. 

"When you consider the mom and the maternal side of it, they run households for years. It makes sense that they can easily run a business," Cunningham said.  

Cunningham and others were at Job Point's 5th Annual Local Celebrity Apprentice competition on Wednesday. Cunningham has been an active participant in the event. Her son was the last year's winner, and she was the judge in a previous year. 

Also on Wednesday, the Columbia Chamber of Commerce held a round table discussion with Emerging Professionals in Columbia, or EPIC.

Columbia Chamber of Commerce President Matt McCormick said programs like EPIC have created more ways to help start new businesses. 

"We try to put that diversity within everything we do, so we see a nice mix of women-owned businesses, women entrepreneurs along with men and young people," McCormick said. 

Cunningham said it's powerful that women are breaking through the proverbial glass ceiling. 

Job Point holds their 5th Annual Local Celebrity Apprentice in Déjà Vu Comedy Club in Columbia, Missouri, on Wednesday, Nov. 5, 2014. The event is a talent competition for local business community members. (KOMU/Lihuan Yu)



Kat Cunningham claps during the Job Point's Annual Local Celebrity Apprentice in Déjà Vu Comedy Club in Columbia, Missouri, on Wednesday, Nov. 5, 2014. Cunningham started her own business, Moresource Inc., in 1994. (KOMU/Lihuan Yu)



Moresource Inc., located on 401 Vandiver Drive in Columbia, Missouri, closes at the end of the day on Wednesday, Nov. 5, 2014. Kat Cunningham started the company in 1994 to offer service on businesses' payroll, human resources, benefits, and insurance. (KOMU/Lihuan Yu)

More News

Grid
List
PANAMA CITY, Fla. (AP) — Joanne Garone Behnke has replayed every possible scenario in her mind a hundred times. ... More >>
8 hours ago Monday, October 15 2018 Oct 15, 2018 Monday, October 15, 2018 8:44:00 PM CDT October 15, 2018 in News
COLUMBIA- Columbia Public School's out-of-school suspension rates for black students is double the rate of out-of-school suspensions given to white... More >>
9 hours ago Monday, October 15 2018 Oct 15, 2018 Monday, October 15, 2018 8:06:00 PM CDT October 15, 2018 in News
(AP) - Two companies facing multiple lawsuits over a summer tourist boat accident in Missouri that killed 17 people have... More >>
9 hours ago Monday, October 15 2018 Oct 15, 2018 Monday, October 15, 2018 7:24:00 PM CDT October 15, 2018 in News
(CNN) - A federal judge has dismissed adult film star Stormy Daniels' defamation lawsuit against President Donald Trump. Daniels... More >>
10 hours ago Monday, October 15 2018 Oct 15, 2018 Monday, October 15, 2018 6:57:00 PM CDT October 15, 2018 in News
MEXICO - A Mexico teenager faces 27 counts of child sexual abuse. Probable cause documents allege 17-year-old Chandler Douse... More >>
10 hours ago Monday, October 15 2018 Oct 15, 2018 Monday, October 15, 2018 6:39:00 PM CDT October 15, 2018 in News
COLUMBIA - The Columbia City Council is looking into a way to decrease oil and grease storage on city streets... More >>
10 hours ago Monday, October 15 2018 Oct 15, 2018 Monday, October 15, 2018 6:35:00 PM CDT October 15, 2018 in News
FULTON - Two Columbia residents were taken into custody at a traffic stop Monday charged with the possession and distribution... More >>
11 hours ago Monday, October 15 2018 Oct 15, 2018 Monday, October 15, 2018 5:27:00 PM CDT October 15, 2018 in News
COLUMBIA - The Columbia City Council is talking about building two roundabouts on Nifong Boulevard in an attempt to reduce... More >>
13 hours ago Monday, October 15 2018 Oct 15, 2018 Monday, October 15, 2018 3:35:00 PM CDT October 15, 2018 in News
(CNN) - Former Senate Intelligence Committee staff member James Wolfe pleaded guilty Monday to one count of lying to the... More >>
13 hours ago Monday, October 15 2018 Oct 15, 2018 Monday, October 15, 2018 3:31:00 PM CDT October 15, 2018 in News
COLUMBIA – A walkway outside of the Royal Inn off I-70 showed signs of structural damage Monday afternoon and guests... More >>
14 hours ago Monday, October 15 2018 Oct 15, 2018 Monday, October 15, 2018 2:58:00 PM CDT October 15, 2018 in News
(CNN) - It's been five days since Hurricane Michael decimated Mexico Beach, and dozens of residents are still nowhere to... More >>
14 hours ago Monday, October 15 2018 Oct 15, 2018 Monday, October 15, 2018 2:30:00 PM CDT October 15, 2018 in News
JEFFERSON CITY, Mo. (AP) — The Latest on fundraising in the Missouri U.S. Senate race (all times local): 3... More >>
15 hours ago Monday, October 15 2018 Oct 15, 2018 Monday, October 15, 2018 1:52:00 PM CDT October 15, 2018 in News
COLUMBIA - Gov. Mike Parson kicked off what he calls "Infrastructure Week" Monday morning at the Missouri Department of Conservation... More >>
15 hours ago Monday, October 15 2018 Oct 15, 2018 Monday, October 15, 2018 1:26:00 PM CDT October 15, 2018 in News
JEFFERSON CITY- A federal judge says Missouri has violated the rights of people serving life in prison without parole for... More >>
17 hours ago Monday, October 15 2018 Oct 15, 2018 Monday, October 15, 2018 11:35:48 AM CDT October 15, 2018 in News
MONITEAU COUNTY- A man was arrested and accused of trying to run over his girlfriend and son with a truck... More >>
17 hours ago Monday, October 15 2018 Oct 15, 2018 Monday, October 15, 2018 11:28:00 AM CDT October 15, 2018 in News
COLUMBIA- The Boone County Sheriff's Department is investigating a pair of armed robberies at convenience stores over the weekend. ... More >>
19 hours ago Monday, October 15 2018 Oct 15, 2018 Monday, October 15, 2018 9:54:00 AM CDT October 15, 2018 in News
CALLAWAY COUNTY - Callaway County deputies found methamphetamine and drug paraphernalia during a traffic stop early Sunday morning, according to... More >>
1 day ago Sunday, October 14 2018 Oct 14, 2018 Sunday, October 14, 2018 10:05:00 PM CDT October 14, 2018 in News
SLATER - Gloria is a 2-year-old pit bull who was found near Slater, Missouri after someone shot her in the... More >>
1 day ago Sunday, October 14 2018 Oct 14, 2018 Sunday, October 14, 2018 8:26:00 PM CDT October 14, 2018 in News
Columbia, MO
Broken Clouds 33°
6am 32°
7am 31°
8am 34°
9am 40°