Saturday, June 16, 2018

Saluting the Notable and Visible Women in Business

Let's take a moment to salute and congratulate the notable and visible women in business.  As Deborah Levine (pictured), editor of the American Diversity Report, writes at the Times Free Press:
The national number of women-owned businesses grew 45 percent between 2007 and 2016, five times faster than the national average. Their flight to entrepreneurship may be a rejection of corporate dead ends and closed doors to the executive suite. But their entrepreneurship is driving our economy to the tune of 3 trillion dollars.
Read more to learn what this growth means for women and how venture capital is still, sadly, hard to come by for women business owners.

Saturday, June 09, 2018

Likable Female Power Entrepreneurs

Here are three business lessons entrepreneurs can learn from women with ambition who are challenging what it means to be likable -- and succeeding.  Meanwhile ...

Flaunt your success.  Trust your instincts.  Don't ask for permission.

Saturday, June 02, 2018

Newfound Respect for Female Entrepreneurs

Since quitting her day job and founding her own brewing company Lineup Brewing, Katarina Martinez (pictured) is one of the most-watched women on New York's bar scene.  In addition, she has developed a newfound respect for female small business owners.

Over the last year, the demand for her craft beers has grown so immensely that she is planning to open a new space — including a brewery with a 15-barrel system, an outdoor area, and a bar.

After she was disenchanted with the work scene, she decided to quit her job and launch her own business.
“I was just like ‘I want to start my own company, I don’t want to work for ‘The Man’ anymore,’ ” she remembered. “It was that moment when it clicked that I could do my hobby and my passion as a real-life career.”
Read more about how Martinez achieved success pursuing her passion, despite the fact that she won’t ever forget the hard work that comes with being a woman taking a risk.

Note:  You must read some of the media articles on how Martinez named one of her beers, 'Bieryonce' and how Beyonce came after her.

Sunday, May 27, 2018

Make Something Out of Nothing

Pink-haired Therese Tucker's company, BlackLine was born in 2001 as a software company handling accounting tasks.
"I cashed out my nest egg from my options, I maxed out my credit cards, I took out a second mortgage on my house," Tucker says. "If I could have figured out how to get into my kids' college funds, I would have taken that too." Tucker was a single mother of two at the time.
Learn more about how Therese went against all odds, broke through a glass ceiling, and started her own $2 billion tech company.

And the pink hair?  It started as a dare and now has become a magnet for all things social and interesting at her company.

Sunday, May 20, 2018

Everything You Need to Know About Podcasting to Grow your Business

We just love the work of Kathrin Bussmann over at Verbaccino.  Kathrin is considered the queen of podcasting and when you read the following article, listen to her WEGGinar™ and go over her SlideShare deck, there isn't anything you won't know about podcasting.  Tune in.  Learn a ton.

Kathrin Bussmann Offers Tips and Advice on Global Podcasting

Screenshot courtesy of Verbaccino.  Kathrin Bussmann's podcast setup.

Saturday, May 12, 2018

Lessons From Mom

A Mom plays a big role in everyone's life, especially for people who go on to become successful entrepreneurs.  Here's what 14 leaders said they learned from their mother.

Example:
Follow your gut.  S'well founder Sarah Kauss left her career in commercial real estate after her mother asked her what she wanted out of life. When Kauss brought up a fashionable-reusable water bottle, her mother pushed her to take the plunge
14 Lessons Learned From Mom and Happy Mother's Day!

Saturday, May 05, 2018

Striking Out On Your Own in the Porn Industry

Women have always capitalized on technological change to find a way into the male-dominated industry. Enter the zone of porn as earning a living.
“Doing porn, in the beginning, was never about politics,” Ms. [Kelly] Shibari said. “I wasn’t trying to break any barriers. I just wanted to have a good time.” And make some money, too. She found that both were more attainable by striking out on her own.
With technology, performers can now run their own shows. The rise of webcam work has opened up a style of performance that can be totally controlled by the model in her bedroom.

Read more here.

Saturday, April 28, 2018

Your Best Coach is the One Who Cares Enough to Give You Feedback

How does one start a business called Project Gravitas?  Easy.
When Lisa Sun (pictured) was just 22 years old and starting out in her career, her boss at global management consulting firm McKinsey & Company told her that she lacked gravitas. “When I asked her how to get confidence, she said, ‘go get a new dress, big jewelry and great shoes,’” Sun said. So, Sun went out to purchase a new outfit and embraced the larger message.
"Feedback is a gift; your best coach is the one who cares enough to tell you,” says Ms. Sun.

Read more bout Lisa's new company and discover her best tips -- as shown below -- for putting the best foot forward when traveling for business.
  • Never pack a bag
  • Leave a pair of sneakers and workout clothes in another city
  • Double up
  • Stay organized
  • Plan one thing fun for yourself on each trip

Saturday, April 21, 2018

Bias Against Female Founders on VC Funding

My colleague, Devishobha Chandramouli (pictured), Founder and Editor of Kidskintha, authored two really good articles that will give you can idea of the bias that still exists -- even after the #MeToo campaign -- when women entrepreneurs go after VC funding to grow their business.
As Devishobha says:
"The more women we bring to the decision-making side of the table, the more the skew of the male VC ecosystem is offset. VC firms with more women determined to see women entrepreneurs succeed are the need of the hour."

Saturday, April 14, 2018

How One Idea Can Lead to Another When Starting a Business

What does Birmingham, U.K-based Katjes Magic Candy Factory do that no other factory can:  make customer-designed sweets using a specially engineered 3D printer.

Here's the scoop.  The idea came to Melissa Snover while she was in the process of growing her first confectionary startup, Goody Good Stuff, a pioneer in the market for vegan sweets.
The company started as a business-to-business model leasing the 3D printers, licensing software, and ingredients that would allow customers in stores to design bespoke gummy candy. It has since added two more revenue streams: consulting about 3D food printing and marketing to the entertainment industry (which included an appearance at an after-party at last year’s Grammy Awards). The company turned a profit by the 18-month mark, and revenues are forecast to double annually.
How about that for a turn of events?  It goes to show you how one idea can lead to another when starting a business.

Saturday, April 07, 2018

Apply for a Grant from the San Francisco Women's Entrepreneurship Fund

San Francisco launches $135,000 women's entrepreneurship fund!

The Office of Economic and Workforce Development (OEWD) and the Mission Economic Development Agency (MEDA), announced the launch of the San Francisco Women’s Entrepreneurship Fund, which will provide mini-grants to local, women-owned small businesses. 

To qualify for the grants, businesses are evaluated based on financial need, a strong business plan, future growth potential and community impact.

To learn more about eligibility requirements, applicants are encouraged to visit OEWD's website or MEDA for more information.

Saturday, March 31, 2018

Why Women-Run Businesses Make the Most Money for Kevin O'Leary

Who's Kevin O'Leary (pictured)?  He's one of ABC's 'Shark Tank' stars.  Here's what he says.
"I've been investing now for over 10 years on things like 'Shark Tank' deals — and other deals that are brought to me because of 'Shark Tank' — and the majority of my returns come from the companies run by women," O'Leary tells CNBC Make It of his portfolio.
Read why that is here.

Saturday, March 24, 2018

What I Wish I'd Known When I Started a Business

Ready to start your business?  Good.  Today we look at a few factors to consider before you launch.

MPR News host Kerri Miller asked three women entrepreneurs to share what they wish they'd known when they started their own businesses.  Here's a snapshot of what came out of the discussion.
  1. Go with the flow.
  2. Have some risk-taking in you.
  3. Look at the big picture, not the day-to-day stuff.
There's more.  Read the entire interview about what you should know before taking your idea and turning it into a business.

Saturday, March 17, 2018

Ireland Wants Women Entrepreneurs to Lead and Succeed

It's only fitting on St. Patrick's Day to blog about what's going on in Ireland for women entrepreneurs.

Enterprise Ireland and women’s business organization Network Ireland, in partnership with Entrepreneurs Academy, recently announced details of the annual nationwide Fueling Ambition Roadshow, which aims to encourage the ambition of women entrepreneurs at a national level.
The roadshow will included a leadership masterclass and an elevator-pitch competition with a cash prize of €2,000 sponsored by Facebook at each location. Additional prizes include 10 sessions with Enterprise Ireland mentors, annual membership of Network Ireland and attendance at Enterprise Ireland’s Excel at Export Selling training program.
Read more about how Ireland is driving support for women entrepreneurs to take on the o'world.

Saturday, March 10, 2018

Enlightenment Now

Dr. Steven Pinker of Harvard University, has authored a new book, Enlightenment Now.  It's a long book but a joy to read because he is an exceptional writer.

In the latest Rule Breaker Investing podcast, Motley Fool co-founder David Gardner brings his listeners a special treat with an interview with Dr. Pinker.  He's a psycholinguist, award-winning researcher, and, according to Time magazine, one of the "100 Most Influential People" in the world today.

Here's an excerpt of my favorite part of the interview because it has to do with women:
"Societies that give more power to their women also tend to be democratic. They also tend to have low rates of crime. They tend to have moderate-to-high levels of social spending. They tend to have less inequality, and they also tend to be richer."
Learn more here.

Saturday, March 03, 2018

Standout Women Entrepreneurs

What's the definition of standout?  According to Merriam-Webster:
:one [woman entrepreneur] that is prominent or conspicuous especially because of excellence
For the 2018 iteration of Forbes' annual 30 Under 30 list of game-changing young entrepreneurs, they highlighted 600 rising stars across 20 different industries. Many of the standouts this year -- across categories as varied as venture capital and entertainment -- happen to be women.

Figurine credit.

Saturday, February 24, 2018

Best Leadership Advice? It's Not What You Think

Contrary to what you might think, leadership is not mysterious. As leadership expert Adam Grant says:
If you understand how people and organizations behave, you'll have a pretty good idea how to maximize the performance of both. Fortunately, we're sitting on about a century's worth of research that reveals how leaders should manage, motivate, and develop employees, and how to improve their own decision making. There's no good reason to get this stuff wrong.
Got it?  Well let's find out what we can do right.  Here are seven important leadership insights.

Saturday, February 17, 2018

Badass Entrepreneurial Women Share Their Top Tips for Aspiring Entrepreneurs

I just love these tips.  Be sure to read them all.  Bottom line: Obsession matters.  That is, when it comes to your brand.  Here are the five tips.
  1. Don’t just listen to your customers, act on what they tell you.
  2. Just because you fill a void in the market, doesn’t mean others can’t, too.
  3. Admit when you need help—and get it.
  4. Live and breathe your brand.
  5. Don’t underestimate your customer’s intelligence.
Read more here.

Saturday, February 10, 2018

In Business, Complexity Kills

Effective strategic guidelines get three things right. They link to the corporate vision, identify critical vulnerabilities, and focus on what matters most.

This MIT Sloane Management Review article states:
Strategy is not about choice, it’s about choices. Few companies succeed based on a single big bet. They win through a series of trade-offs — about target customers, product, scope, and resources — that reinforce one another to create value. Attempting to describe every important choice in detail, however, leads to information overload. 
What do you need to know?  When it comes to execution, complexity kills.  Keep it simple.

Read the article to find out the three things you should focus on that matter concerning strategy and execution for your business.

Saturday, February 03, 2018

Giving Women Resources To Succeed

While determination can fuel a company’s growth, other resources can aid women business owners: Programs aimed at women business owners.

Since 2014, Sonabank’s POWER (Potential of Women Entrepreneurs Realized) program has focused on connecting women entrepreneurs and giving them resources to succeed in a male-dominated field.
While the POWER program is run by a bank, helping with loans and other financings, the program has more to offer: A female-focused support system made up of more than 800 other women.
“She [Michelle Simon, senior vice president of Sonabank] told me about the bank and how they supported women,” Brumfield [Michelle Brumfield, CEO of BedCrafters] said. “I know how difficult it can be to run a business and run a house.”

Read more how women lift each other up.

Saturday, January 27, 2018

Meet the Microloan Modernization Act

United States Senator, Kirsten Gillibrand, announced the Microloan Modernization Act, a new bill to help minorities and women start small businesses and succeed.
She says the bill will help provide loans and technical assistance to women and minority business owners who face problems getting loans from banks to start or improve their small businesses.
More good news. Gillibrand says the Small Business Administration will set more money aside as an extension of their Microloan Program.

Read more about the new bill to help small businesses start businesses.

Saturday, January 20, 2018

The Future is Female

Women march on.
More than 120,000 protesters attended the march in New York on Saturday, according to a senior adviser to Mayor Bill de Blasio, who cited the figure as the official count but did not explain the methodology behind it. Thousands also turned out in Washington, Los Angeles, Chicago, Philadelphia, Rome and hundreds of other cities and towns.
Read more about how a year after millions of people turned out for the Women's March and took the streets en masse in a variety of USA cities to make herstory.

Saturday, January 13, 2018

Corporate America Must Examine Its Hiring and Promotion Policies for Gender Bias

Love this post by Jeanne Shaheen, United States Senator, Ranking Member, U.S. Committee on Small Business & Entrepreneurship.  In it, she talks about the barriers that keep women entrepreneurs from achieving their best in growing a business.  One of her findings is this:
Corporate America must examine its hiring and promotion policies for gender bias. Investors, company leaders and human resources departments must also have zero tolerance for sexual harassment and discrimination that hurts qualified women.
In "Tackling the Gender Gap:  What Women Entrepreneurs Need to Thrive," Senator Shaheen claims that women are the center of the American economy.  I personally feel women [entrepreneurs] are the center of the universe.

She ends with, "Let’s lift up the stories of successful women-led businesses and inspire the next generation of women entrepreneurs. There is nothing women can’t achieve if given an equal opportunity to compete."

Thank you Senator Shaheen.  We salute you for putting the wind behind our sails!  

Saturday, January 06, 2018

Keep Up With Trends in 2018

I trust you are off to a great start in the New Year!  May it be your best year yet.

I am presenting a WEGGinar™ on Wednesday, January 10 at 11:00 a.m. Central time on "Laurel Delaney's Global Trade Trends Report 2018."  I would love for you to participate and my gift to you is that it is FREE!  All you have to do is register and even if you get busy, you can listen to it later, at your convenience.

I"ll cover artificial intelligence, micro-learning, wearables, quantum computing and more -- technology advancements that we need to know about to run our businesses successfully.

Register here: https://register.gotowebinar.com/register/1940601026277957634  Connect then!