A Growth Mindset Leads to Leadership for Women

How do fixed versus growth mindsets affect women’s ability to see themselves as leaders in the workplace?  That's the question asked of  Julia Lee Cunningham and Sue Ashford from the Ross School of Business and here's Ashford's answer.

As discussed in Ashford’s recent book, The Power of Flexing, leadership comes with many challenges. The skills involved are new for emerging leaders, and the challenges only get more complex as leaders rise in the organizational ranks. Having a growth mindset in which setbacks are considered learning experiences rather than indictments of skill helps leaders to stay “in the game,” continually trying to be more of a leader and to both face and cope with those challenges. A growth mindset helps leaders (and all people) feel empowered when experiencing challenges and setbacks.  

By broadening how leadership is defined and valued, organizations could create more inclusive pathways to leadership roles.

How Women-led Rural Enterprises Grow in India

To identify mechanisms that would help India-based women-led enterprises grow to their full potential, the World Bank carried out a study in six Indian states. 

The study showed that more than 85 percent of women-owned, rural, non-farm enterprises are concentrated in five sub-sectors: retail trade, manufacturing of apparel, food products, food and beverage services and the handloom sector.

Learn more about targeted policies for broader support to India for promoting rural women’s entrepreneurship.

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At the How She Went Global® podcast, successful women entrepreneurs and business owners share stories about going global, and offer new ways to take on the world, stay inspired and have fun! They join host Laurel Delaney every month.

Tune in to the latest episode with inventor, patent holder, author, keynoter and globalist Julie Austin when she discusses, "Revolutionizing Hydration:  The Story Behind the Patented Hands-Free Water Bottle." Subscribe while you are at it so you never miss an episode.

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Committed to Empowering Diverse and Black Women-Owned Businesses and Entrepreneurs

Committed to empowering diverse and Black women-owned businesses and entrepreneurs, Wells Fargo took center stage at the Woman Evolve Conference 2024 to highlight the importance of unlocking growth for small businesses and entrepreneurs.

Women are ready to learn, connect, and grow. It was a testament to Wells Fargo’s commitment to ensuring that diverse businesses have access to capital, financial education, mentorship, and community. 

The economic potential of women entrepreneurs is vast. The latest statistics show that women-owned businesses contribute significantly to the U.S. economy, generating $2.7 trillion in revenue and employing 12.2 million workers. 

As women-owned businesses continue to grow, it’s essential to recognize the progress made, particularly among Black women, during challenging times.

Celebrating Contributions of Women Entrepreneurs to the U.S. Economy

After October's Women’s Small Business Month—we pause to celebrate the contributions of women entrepreneurs to the U.S. economy. From gender biases to limited access to capital, the challenges women business owners face are many.

Structural changes are needed to address many of these barriers, but on a personal level, remembering your why, investing in continuous learning, protecting your brand, extending grace, and reframing fear may provide fuel to push forward.  

Here are 5 tips for aspiring women entrepreneurs.  Let's level the playing field.

Sara Blakely Has Always Been Her Own Bellwether

Spanx Founder Sara Blakely has always been her own bellwether. Blakely launched Sneex, a “luxury hybrid stiletto” which retails between $395 and $595.  

“I own stilettos and I own sneakers already, but I don’t own the combination of the two. As a consumer I wanted the combination of the two,” Blakely says. For her, the shoe is the intermediary between dressy and casual. (She cites Sneex as ideal for the classic jeans-and-a-nice-top outfit formula.) 

She goes on to say, “I designed them to be able to wear every day, but 100% women will embrace them and wear them formally. Women are already wearing regular sneakers in formalwear, so I think that that is going to happen for sure."

Full details here.

Illinois Women Business Owners Who Take on the World

(L-R)  Tami Lange and Amy Mills

(L-R)  Yvette Laugier, Valarie King-Bailey, Amy Mill & Diamond Young

©Global Small Business Forum 2024, Chicago, 10/18/24

I [Laurel Delaney] just finished hosting the 9th Annual Global Small Business Forum in Chicago which is all about showcasing fantastic business owners who rock the world with their international expansion efforts.  At the forum, each panelist shared their story – challenges and successes – for what it takes to go beyond borders with a business.

Discover these 4 women business owners.  Shop their products and use their services.  

1. Tami Lange, Founder, Save the Girls
2. Amy Mills, President, 17th Street Barbecue
3. Yvette Laugier, Founder, YL Advisory
4. Valarie King-Bailey, CEO, OnShore Technology Group

Above are just a few of the photos from the event capturing some of the women entrepreneurs who have escaped from corporate America and run their own successful businesses. 👏

The event was sponsored by Associated Bank (Diamond Young is Assistant VP, FX at AB) and hosted by Foley & Lardner.