Saturday, March 16, 2019

Smile and Have Fun on St. Patrick's Day

©2019 Laurel J. Delaney.  All rights reserved.
As an entrepreneur and business owner, don't take yourself too seriously.  Remember to smile and have fun, especially on St. Patrick's Day.

Saturday, March 09, 2019

Women-Owned Businesses Are the Growth Engine for the U.S. Economy

Happy day-after International Women's Day!  I hope you celebrated the successes of women entrepreneurs all over the world.

Women-owned businesses continue to be a growth engine for the U.S. economy.  The number of women-owned businesses that applied for funding in 2018 increased by 13 percent, according to an annual study of women-owned companies by Biz2Credit, a leading online credit marketplace for small companies.
But it revealed that loans for women entrepreneurs where nearly one third less than for their male counterparts.
The study also revealed that the average loan amount for women-owned companies was $48,341 last year. The most common type of funding was working capital for business expansion.

Learn more how the lending gap narrows for women business owners, but it's still 31% less than for men.

Photo by Suhyeon Choi on Unsplash.

Saturday, March 02, 2019

Experience and Wisdom Matters When Starting a Business

There is no deadline for success, period. As the the Fast Company article says:
For some entrepreneurs, figuring out their ideal industry and starting their own gig didn’t happen until they had already blown out 40 (or more) candles on their birthday cake.
Yes, entrepreneurship can happen at any time.  Tune in to these 3 dynamic women entrepreneurs who launched their businesses after 40 to hear their stories.  Don't wait.  Be inspired.

Photo by rawpixel for Unsplash

Saturday, February 23, 2019

Saturday, February 16, 2019

Women Run the World

I don't care what this article below says; women still and will continue to run the world.  We have our challenges but we know how to overcome them and excel.  Lindsay Tigar, at Fast Company, may not agree with my lead statement but she at least believes the following:
But gradually and strategically—women, if you pay attention to statistics. Over the past two decades, the number of women-owned businesses has grown 114%, compared to the 44% national growth rate for all new companies. As more women venture into entrepreneurship, they will tackle the laundry list of gaps women are continuing to change.
Heck, even the great management guru Tom Peters knows that women rule.

But back to Lindsay.  Read her article on 8 predictions for the state of women entrepreneurship this year.


Saturday, February 09, 2019

Sometimes You Just Have to Chill

©2019 Laurel J. Delaney.  All rights reserved.
With Chicago's record-breaking low temperatures, it's a good time to hunker down and just think about what's next for a business.  New ideas.  New products.  New partnerships.  New markets.  New hires.

Then when the great thaw begins, execute on all the things you have been thinking about.  What about for you?  What are you working on?  What's next? 

Saturday, February 02, 2019

Let's Put Power in the Hands of Female Entrepreneurs

According to Mr. Robert Sauer, a professor at University of London, Royal Holloway and Jerusalem Institute for Market Studies, and written for the Jerusalem Post, when women are business owners, their firms are generally smaller and are less valuable than those owned by men.
Researchers have considered a number of factors that might help explain why a gender gap in entrepreneurship might emerge. The possible explanations include gender-specific approaches to balancing career and family, different choices of business sector in which to operate, a differential aversion to financing one’s business through debt, and greater obstacles for women to access business funding in general.
The article goes on to say that a number of initiatives by policymakers and practitioners have already been introduced to try and promote female entrepreneurship. They include training programs, counseling, mentoring, and access to finance on favorable terms.

I vote that we put power in the hands of female entrepreneurs. What's your vote?

Read more about a better way forward for female entrepreneurs.

Saturday, January 26, 2019

Which Countries Are Leading the Way with Female Entrepreneurs?

To create a list of the countries with the most female business owners, the CEOWORLD magazine reviewed the data from Mastercard’s Index of Women Entrepreneurs to find out which countries are leading the way when it comes to women-owned businesses.
The findings show that while the U.S. has the right conditions for female-owned businesses to thrive, women in America’s motivation to start and run a business is low as compared to the countries with high index score.
Interestingly enough, Ghana is top on the list.  The United States placed 23 out of 57 countries studied.  About a quarter of America's entrepreneurs are women.

Visit here to view the entire list.

Saturday, January 19, 2019

Sometimes You Just Have to Declare a Snow Day and Rest

Instead of working nonstop, sometimes you just need to declare a snow day.  That's what I did this morning in Chicago.  Here are some photos I took while hanging out downtown.  Wherever you are, enjoy your day!

All photos courtesy @2019 Laurel J. Delaney.  All rights reserved.

Saturday, January 12, 2019

Online Business Tools to Simplify and Innovate More Efficiently

Finding tools and resources specific to small business owners helps simplify and innovate more efficiently.  Here are a few, including this blog :-).

Read ... online business tools for women business owners.

Oh, and one more good list and don't forget about wegg®, which help women business owners go global.

Saturday, January 05, 2019

Lessons From 4 Insanely Great and Successful Women Entrepreneurs

Below is an interview I conducted for Enterprising Women Magazine featuring [photo L-R] AJ Goehle, Kim Robinson, Sandy Marsico and Chaoran Jin -- four insanely great and successful women entrepreneurs.  I asked each entrepreneur about disruption, what they never worry about in business and what they know for sure that promises success in business.

Read the interview, "Windy City Disruptors:  Success Strategies From Women Entrepreneurs Who Are Changing the Game of Business" at Enterprising Women or here (PDF).

Note:  "This content first appeared in Vol. 19, No. 3 of Enterprising Women magazine (www.enterprisingwomen.com) and is being reprinted with permission from the publisher.  All rights reserved."