Saturday, June 08, 2024

Twists and Turns on the Path to One Woman's Success

Amy Somerville, CEO of Success Magazine says that the path to success is anything but straightforward; it’s riddled with twists and turns, setbacks and triumphs.

And, now, as I [Amy] watch my own children play “grown-up,” my heart is full. They create clever roles as entrepreneurs, inventors, artists and social influencers. Will they follow the traditional path of higher education and conventional careers? Who knows? 

She goes on to say that what truly matters is that they [her kids] dare to dream big, set their sights high, push boundaries and understand that with unwavering determination and perseverance, any goal is within reach.

Saturday, June 01, 2024

Impact of Female Entrepreneurship on Economic Growth

The central question of the study, "The Impact of Female Entrepreneurship on Economic Growth in Developing and Developed Economies," is: what is the impact of women’s entrepreneurship on economic growth in developed and developing countries?

To answer this question, two hypotheses have been formulated related to the adoption of women’s entrepreneurship as a vector of economic growth. These two hypotheses guided the authors's analysis:
  • H1:  The impact of women’s entrepreneurship improves well-being and accelerates economic growth.
  • H2:  The level of human capital contributes to the development of women’s entrepreneurship.

Saturday, May 25, 2024

Wishing You a Meaningful and Thoughtful Memorial Day Weekend

Women Entrepreneurs Grow Global® crafted a beautiful post about Memorial Day – honoring brave citizens that have sacrificed for our country.

Take a moment to express admiration for those who have served our country.  We are forever grateful for their service and owe them all.

Saturday, May 18, 2024

It's Never Too Late to Pursue Entrepreneurial Dreams

Notably, women over 40 – mid-career women – are starting businesses twice as fast as men. Using their corporate experience and networking abilities, they identify untapped opportunities.

Unwilling to be confined by the corporate ladder, they flourish in the retail, healthcare, and professional services sectors. They constantly push boundaries and prove convincingly that female entrepreneurs can also excel in traditionally male-dominated industries.  

Most importantly, they showcase that it’s never too late to pursue entrepreneurial dreams.

Saturday, May 11, 2024

Happy Mother's Day to All Mompreneurs

©2024 Laurel J, Delaney.  All rights reserved.
Happy Mother's Day to all, especially mompreneurs!  Mothers are living metaphors of love who believe in only giving and not expecting anything in return. So, this Mother’s Day, let us honor their contribution and provide them with a chance to bask in the glory of their achievements as a mother and a businesswoman.

Etsy Mother’s Day 2024 is a good day to take inspiration from mom entrepreneurs who have been juggling motherhood and running a business.  Consider “the women” (in all forms) out there to excel even in the business sphere, like; being more creative, selling online, building a brand, and being famous worldwide.

Note:  80% of female entrepreneurs sell on Etsy, out of which many are mothers.  

Here's a list of some of the most wonderful women entrepreneurs on Etsy and their stories of how they made it into the world of eCommerce.

Saturday, May 04, 2024

Some Badass Woman-Owned Businesses in Louisville

When it comes to woman-owned businesses, Louisville is at the top of its game.  And what a great day to feature them – Kentucky Derby Day!

Women entrepreneurs are running everything from tour and event companies to hat shops, clothing boutiques, art galleries, and more!

While Kentucky is filled with far more woman-owned businesses than can be covered in this article, that's a great thing!

If your favorite spot isn't featured, share this list and shout them out. All of Louisville's woman-owned businesses deserve our love and support!

Saturday, April 27, 2024

Revisiting Women's Entrepreneurship: Breaking Stereotypes and Seizing Opportunities

Globally, one in six women reported an intention to start a business in the near future. The highest entrepreneurial intention rates were observed in low-income countries, where approximately 28% of women expressed intentions to start a business. 

Nearly one in every three entrepreneurs running established businesses is a woman. For start-up activity, there are .80 women for every 1 man. Globally, women were more likely than men to be solopreneurs (1.47 women solopreneurs for every 1 man).

These were among the findings presented in the GEM 2022/2023 Women’s Entrepreneurship report, entitled Challenging Bias and Stereotypes.

If you haven't read it yet, I suggest you do so now because women play a very important role in driving economic growth.

Note:  The report is sponsored by Cartier Women’s Initiative (CWI), the Frank & Eileen™ Center for Women's Entrepreneurial Leadership (F&E CWEL) at Babson College, the School of Management (HEG-FR) in Fribourg, Switzerland and the Women Entrepreneurs Finance Initiative (We-Fi, housed in the World Bank Group).

Saturday, April 20, 2024

What Would You Do If You Could Do Anything?

What would you do if you could do anything?  Back it up a bit, what would you do if you could have a months-long paid leave from work?  For me, as boring as it sounds, I would probably continue doing what I am doing.  For Rahel Mwitula Williams, it was climbing Mount Kilimanjaro.

The mountain, which is 5,895 meters (19,340 feet), and is the largest free-standing mountain rise in the world, took Mwitula six days to climb. But the journey was worth it.

So you know Rahel's job, by day she works as the Director Of Innovation for the Evangelical Lutheran Church in America and by night she runs her own socially responsible fashion brand ILAVA.

When she was approved to take a three-month sabbatical from her day job earlier this year, instead of taking a staycation, she set her sights on tackling one of the most challenging treks in the world as an emotional reset.

And that she accomplished.   

Saturday, April 13, 2024

Nancy Geenen Says Connecting With Leaders on a Human Level Creates a Trusting, Empowering Work Culture

Nancy Geenen.  Used with permission.  All rights reserved.
Accomplished entrepreneur, author, leadership coach and strategic facilitator Nancy Geenen spent many years “trying to be someone else, in so many ways.”

What she discovered in her journey is that when a woman leader connects with employees on a human level by being vulnerable and inviting in-depth conversations without judgment, other differences are not as significant, and the leader builds trust as people feel more comfortable being themselves.

Here are Nancy's 5 key thoughts about how a leader showing vulnerability and accessibility can create a trusting, empowering work culture:

  1. Being accountable and permitting others to hold everyone accountable. “Invite that open, honest, and vulnerable communication that is built on trust,” Geenen says. “And if you behave in a way that’s unreliable, own up to it.”
  2. Asking for advice and committing to do better. Geenen says it’s common for team members to have numerous ideas about how a leader can improve their leadership skills. 
  3. Knowing your people and letting them get to know you. Geenen says it’s a leader’s responsibility to model relationship-building. 
  4. Being empathetic, not judgmental. Geenen says when check-ins with employees are done with a mindset of positivity, curiosity and empathy, not judgment and criticism, it earns the team’s trust because they feel seen, heard, and supported.  
  5. Showing you care. When a leader directly pitches in to help one of their teams, be it problem-solving on a complex project or customer-service issue, or performing a tedious task like changing the toner in the copy machine, it establishes common ground with the workforce, showing the leader has humility and sincerity. 

These are among some of the many golden nuggets Nancy shares in her book, "The Advantage of Other:  A Leader's Guide to Building an Equitable, Dynamic, and Productive Workplace."

Saturday, April 06, 2024

The Power of Exposure and Leading By Example for Women Entrepreneurs

Entrepreneur Vanessa June says the representation of women in entrepreneurship is critically important, emphasizing the power of exposure and leading by example to create a stronger, more diverse ecosystem.

“If we don’t start businesses, then other women aren’t going to see that as a possibility,” said Vanessa, the founder and CEO of Leva, an app-based community that educates and empowers mothers and parents of babies aged 0-12 months. 

This representation — in entrepreneurship and at all levels of business — matters because women are going to tackle problems with new and different solutions than previously explored.

Learn how we can all build a bigger bandwagon for women entrepreneurs so it's not a lonely journey.

Saturday, March 30, 2024

One Month Is Not Enough Time to Celebrate All Women Who Have Changed the World

©2024 Laurel J. Delaney.  All rights reserved.
Progressing through history, from Cleopatra and Mary Magdalene to Madonna and Diana, Princess of Wales, each of these exceptional women's stories is told against the backdrop of the events of their time. For each, we learn of their achievements, backgrounds, characters and little-known details that make them ever more remarkable.

Saturday, March 23, 2024

Progressive Black Women Entrepreneurs Are Breaking Barriers

According to J.P. Morgan, Black women are the fastest-growing group of entrepreneurs, and there's no end in sight.  They are making a significant impact and shaping the world as we move through it.

For every Black woman who starts a business, a barrier is broken. An impressive 50,000-plus Black women are innovating in the United States — but not without the uphill battle of fighting bank funding denials, limited access to capital and systemic racism and sexism.

Despite the challenges, Black women are bringing their products and services to the market.

Here are four Black woman-owned businesses breaking barriers and sharing insights on business.

Saturday, March 16, 2024

May the Angels Protect You

©2024 Laurel J. Delaney.  All rights reserved.
“May your neighbors respect you, troubles neglect you, the angels protect you, and heaven accept you.” – Irish Blessing (photos of Chicago and the dyeing of the Chicago River green, 3/16/24) 

Saturday, March 09, 2024

The Day After International Women's Day 2024

©2024 Laurel J. Delaney.  All rights reserved.
"I am continually inspired by the intelligence and relentlessness of today’s young women warriors. They are keeping us all on the leading edge of modern feminism." – Marlo Thomas, Actor and Activist

Saturday, March 02, 2024

Celebrating Courageous Women

Throughout history, the vision and achievements of courageous women have strengthened the United States and opened the doors of opportunity wider for all of us. 

Though their stories too often go untold, all of us stand on the shoulders of these sung and unsung trailblazers — from the women who took a stand as suffragists, abolitionists, and labor leaders to pioneering scientists and engineers, groundbreaking artists, proud public servants, and brave members of our Armed Forces.

Let's put our hands together and applaud all that you, my dear women readers, have accomplished.

Saturday, February 24, 2024

Small Business Ideas for Women Entrepreneurs

Considering personal passions and market demand is crucial when determining what is the best business for a woman to start, allowing for a venture that aligns with both expertise and interest. 

That said, women entrepreneurs are rewriting the narrative of small business by bringing their creativity, passion, and unique perspectives to the table. From e-commerce ventures to niche service providers, women thrive in industries ranging from fashion and beauty to technology and sustainability.

Here is a list of small business ideas for women that answer the question of how to make money from home as a woman entrepreneur.  Many require little to no start-up costs.

Saturday, February 17, 2024

K-Tec Systems Founder Cathy Koch Goes to Washington

We are big fans of Cathy Koch (pictured) and were thrilled to hear she went from her business K-Tec Systems in Ferndale to the nation’s capital to advise the United States Senate and the federal government about the obstacles facing women entrepreneurs.

Read her full story and discover the challenges she faced while growing her business and how she overcame them.

Saturday, February 10, 2024

Unprecedented Opportunities Await the Bold in the Year of the Wood Dragon

Happy Lunar New Year of the Dragon, or to be more precise, the Year of the Wood Dragon.  

Wood represents vitality and creativity, while the dragon is related to success, intelligence and honor in Chinese culture.

This combination makes people born in the Year of the Wood Dragon full of energy and drive. They dream of changing the world and are good at coming up with innovative ideas and implementing them. They are perfectionists and will not give up on their goals easily.

The Year of the Wood Dragon is believed to be able to foster growth, progress and abundance, and this year will be good to build a solid foundation for something new with long-term potential. The last Year of the Wood Dragon was 60 years ago, in 1964, the year the Beatles took the world by storm!

Are you a dragon?  If so or even if you aren't, this will be a year for unprecedented opportunities for those who are bold, driven, creative, and full of energy.  Play off the strong vibes.  Go after what you want.

Saturday, February 03, 2024

Take It Global and Unleash Your Full Business Potential

©2024 Laurel Delaney.  All rights reserved.
"If you have the courage and mindset to go global, and you are ready, I ask you to throw out your local playbook and expand your business outside your local market.  The world is wide open.  Make it your market, look outward, and you will unleash your full potential." – Laurel J. Delaney, founder and president of Women Entrepreneurs Grow Global®.

Saturday, January 27, 2024

Expand the Visibility of Female Founders

How much does culture and society play a role in keeping female entrepreneurs behind and what can we do to change this?

According to Entreprenista Founders Stephanie Cartin and Courtney Spritzer, in order to change this, we need to expand the visibility of successful women founders – which is the driving force behind our Entreprenista 100 awards. Telling these stories and highlighting these women will inspire the next generation.

We also need to rethink how we portray entrepreneurs and leaders – emphasizing qualities like creativity, empathy and collaboration rather than outdated masculine stereotypes. Founders in our community are making billions of dollars in revenue collectively, and they’re wearing pink while they do it. 

Learn more from Cartin and Spritzer – their biggest piece of advice to women considering entrepreneurship and what the perfect plan might reveal. 

Saturday, January 20, 2024

Redefining Recognition and Celebrating Female Founders For Their True Worth

Changing the way we talk about female founders is a small but significant step towards creating a more inclusive and respectful business environment. 

By focusing on their accomplishments and expertise, we can help ensure that their professional achievements are recognized and appreciated, rather than overshadowed by irrelevant comments about their appearance. 

Let’s redefine recognition and celebrate female founders for their true worth – their talent, determination, and the remarkable contributions they make to our world.

Saturday, January 13, 2024

Making the Leap to Entrepreneurship

After working in bookkeeping and office management for a variety of businesses and nonprofits over the years, Kristin Cole of kCole Bookkeeping and Small Business Consulting finally made the leap into entrepreneurship by opening her own small business.

Cole knows from experience that giving up a regular paycheck and benefits to become self-employed is just one of the leaps of faith that entrepreneurs must take when they step out on their own. “If you don’t have a background in this sort of thing, it can feel really overwhelming – not knowing what you don’t know,” she said.

She offers a handful of suggestions for aspiring female entrepreneurs, one being, "Pull in extra help.  Life – especially as an entrepreneur – can be overwhelming. Businesspeople recognize when they need assistance, whether it’s by hiring a professional to help with the books or by making use of free resources like the Small Business Development Center or free webinars."

Learn more how Kristin Cole of kCole Bookkeeping and Small Business Consulting helps entrepreneurs with the unknowns they face.

Saturday, January 06, 2024

Women's Entrepreneurial Landscape Is Changing While They Fight for their Dreams

While women have historically faced additional challenges, some female founders say the landscape is changing for the better.  

According to a report from Gusto, more women are starting their own businesses, accounting for nearly half of new entrepreneurs in recent years.

In 2020, women made up 47% of new business owners, a significant jump from 29% in 2019, the report showed. That figure has held near that level — at 49% in 2021 and 47% in 2022 — signaling a stable trend rather than a one-off surge, the report said.

Learn how women are fighting for their dreams and making them reality here.