Thursday, November 30, 2006

Highlighting Female Entrepreneurs!

This is the first special report from SmartMoney.com on eleven successful women business owners who offer advice to women looking to start a business. They've singled out female entrepreneurs (from Bobbi Brown to Muriel Siebert) to highlight their accomplishments, while underscoring some of the obstacles they've faced. Their compelling stories offer all entrepreneurs a road map to success.

Inspiring stuff. Be sure to read it.

Ladies First

Separately and from the book "Women Who Changed The World:"

Chapter 10
Catherine the Great

"I leave it to posterity to judge impartially what I have done." ~ Catherine the Great

Monday, November 27, 2006

Welcome to the New American Revolution

Brace yourself. We're in for an exciting ride. This is a very long commentary but worth the read. I'll give you the ending first:

"History will be made when Nancy Pelosi is sworn in as the first female President in American history."

Get ready for ... and the first female president of the USA. And to think this piece is written by a man.

Separately and from the book "Women Who Changed The World:"

Chapter 9
Elizabeth I

"I have already joined myself in marriage to a husband, namely the Kingdom of England." ~ Queen Elizabeth I of England

Tuesday, November 21, 2006

Making The Leap From Big to Small

Babson's Women Business Blog post.

Separately and from the book "Women Who Changed The World:"

Chapter 8
Catherine de Medici

"In France, and at the most important period of our history, Catherine de Medici has suffered more from popular error than any other woman." ~ Honore de Balzac

Monday, November 20, 2006

No Glass Ceiling? Look Again.

Love the quotes:

They tire of hitting the glass ceiling and leave for smaller, private firms, said Judy Rosener, a business professor at University of California-Irvine, who has published books and articles on women at work.

Rosener said it could take years or decades for women to reach the top of traditional large, publicly held companies, which she recommends female college graduates avoid.

"A lot of really sharp women are saying their opportunities are better with fast-growing (private) companies," she said.

Erin Fuller, executive director of the 8,000-member National Association of Women Business Owners, said women run nearly half of all privately held businesses.

In the 1970s, it was less than 10 percent, she said.

She said women are becoming more entrepreneurial because they can exercise control of a business, and it has become easier to get capital.

Fuller said it wasn't until the mid-1970s that federal legislation guaranteed that a woman could have a credit card in her own name, and it wasn't until 1988 that Congress passed legislation that made it illegal for banks to withhold loans from a woman unless she had a man co-sign.

Women Still Struggling To Break Glass Ceiling.

Separately and from the book "Women Who Changed The World:"

Chapter 7
Isabella I of Spain

"Tanto monta, monta tanto -- Isabel como Fernando." ~ Official motto: 'Isabella and Ferdinand are one and the same.'

Wednesday, November 15, 2006

12 Secrets of Success From Women For Women

What would accomplished women say if asked for one piece of advice about creating satisfying work that allows them to express who they are and allows for a life outside the office?

This question was asked of accomplished, university-educated women in their late 30s to mid-50s. Some held senior positions in business, government and the not-for-profit and cultural sectors. Some had left marquee jobs to pursue a passion -- start a business, write or follow other personal interests.

The women queried included 30 who completed a 75-question survey about life and work and 1,000 respondents to related online polls. Click here for a distillation of what they said.

No. 12 is Be (EXPRESS) yourself. Click here for Google Video break.

Separately and from the book "Women Who Changed The World:"

Chapter 6
Joan of Arc

"I am not afraid. I was born to do this." ~ Joan of Arc

Monday, November 13, 2006

A New Push for Minority Entrepreneurs

Civil rights activist and Baptist minister Rev. Jesse Jackson (pictured) has long played a vocal role in American politics and social advocacy. In 1971, he founded the Rainbow/PUSH Coalition to fight for social change, and he was a candidate for the Democratic presidential nomination in 1984 and 1988. Now he has announced another initiative, the Small Business Institute. Expected to launch in January in New York with satellites across the country to follow, Jackson's newest initiative will focus on giving entrepreneurial training to youth, immigrants, and minorities and help them access capital for their businesses.

Here's an excerpt from the interview:

Q: What about the recent approaches that have taken advantage of the growth and potential of minority-owned small businesses? For instance, 10 years ago Wells Fargo (WFC) recognized the growing financial needs of women entrepreneurs and set up its Women's Service Division, and has since given out $19 billion in loans. Last year, a group of Latino investors with $20 million capitalization announced a new California bank focusing on Latino family businesses that generate $1 million to $10 million in revenue.

A: Affirmative action has opened up the women's market. Women and people of color are a majority, not a minority. There are more skilled women [and] higher volumes [of them are] consumers. [But] many women were not on track for community loans -- now Wells Fargo sensed that and invested in them and the Hispanic and African American market. We want the Small Business Institute to combine this research and together search for the best practices. We need not be original with the idea.

Read more here.

Separately and from the book "Women Who Changed The World:"

Chapter 5
Eleanor of Aquitaine

"I thought that I had married a king, but I find that I have married a monk." ~ Eleanor of Aquitaine and of her husband, Louis VII

Monday, November 06, 2006

Women Thrive in Importing

Here's what's relevant:

• Its owners say they have been able to thrive in what was once a male-dominated business by offering personalized service and competitive pricing.

• But the women noted that the challenges of owning a small business have changed significantly in 30 years. In the beginning, the sales industry was largely dominated by men, they said. "It was difficult to get loans from the bank," recalls Roz who still dresses as elegantly as her daughter.

• "Thirty years ago, the Fair Credit Reporting Act was enacted," says Cook. "Before that ... you needed a man to co-sign for a credit card, a loan or even a mortgage."

• "I deal with a lot of women even on the wholesale side of the industry," Jackie says echoing Kuc's claim. "There are a lot more women around than there used to be."

• ... and the top two concerns for women business owners now are business expansion and cash flow," says Cook. "They are not as concerned with how do I survive or how do I get a credit card. They are concerned with growth."

Read the article here: Irish Importers Thrive on Personal Touch

Separately and from the book "Women Who Changed The World:"

Chapter 4
Hildegard of Bingen

With nature's help, humankind can set into creation all that is necessary and life sustaining. ~ Hildegard of Bingen

Wednesday, November 01, 2006

Women Make Their Mark Through Entrepreneurship ...


... but what about the women who don't start businesses or become entrepreneurs? Could a tattoo, symbolic of one's defiance, be a stepping stone to eventually starting a business? Who knows but here's what the article says:

"She (a woman who is an executive headhunter and obviously has not escaped from corporate America) chose to get her tattoo in the small of her back for its sexiness and the feeling she was getting herself back. Meister says she and some colleagues recently compared notes and exchanged tattoo stories in the company lunchroom – revealing that even in her corporate setting, she is not the only mom at work with a tattoo."

Read more: here.

Separately and from the book "Women Who Changed The World:"

Chapter 3
Boudicca

If you weigh well the strength of the armies, and the causes of the war, you will see that in this battle you must conquer or die. This is a woman's resolve; as for men, they may live and be slaves. ~ Boudicca

Monday, October 30, 2006

I feel the earth move, under my feet ...

A woman activist begging to be discovered!

And as she puts it ... "I'm a work in progress."

Separately and from the book "Women Who Changed The World"

Chapter 2
Mary Magdalene

Wheresoever this gospel shall be preached through the whole world, this also that she hath done shall be spoken of as a memorial of her. ~ Mark 14, 9

Friday, October 27, 2006

Women Who Changed The World

A couple of months ago I was making my usual weekly visit to Barnes & Noble and Border's bookstores to see what's new and different both on the periodical stands and bookshelves.

As I was heading out of the store, I stumbled across "Women Who Changed The World" and flipped through it quickly. Typically I don't buy books like this because there's just no need. I hang out with a lot of fascinating women (and men too!) but for some reason, WWCTW caught my eye. Plus the price was right -- U.S. $7.00 instead of what looked like a $25-30 priced book. How could I pass it up? I didn't it.

I bought the book, took it home and within an evening, finished it off. I thought it was so inspiring that I was going to journey back to the store and buy additional copies for my Mom, my sister, my nieces and my bestfriend but after I came to my senses, I just left it that I would enjoy it for what I learned (I'll let you read it to find out for yourself) and would share insights if the opportunity came up.

However, what I have decided to do here is ... over the next fifty blog entries, I will feature a quote from the book. There are so many good ones in it that I don't want to miss any. I hope you enjoy these as much as I did.

Here's a look at the book if you are interested. I noticed there are some good deals online as well. See what you think.

Women Who Changed The World: Fifty Inspirational Women Who Shaped History.

Chapter 1
Cleopatra

"Had Cleopatra's nose been shorter, the whole face of the earth would have been different." ~ Blaise Pascal

Monday, October 23, 2006

Better the Lives of Women Across the Globe

Nest is a nonprofit organization dedicated to changing the lives of women in developing countries. Its mission is to support WOMEN artists and artisans in the developing world by helping them create sustainable entrepreneurial businesses.

Nest will do this by providing micro-credit loans to be used for the purchase of the supplies and materials necessary to begin and/or maintain art or craft-based businesses.

When you buy from Nest, you have not only have purchased a unique and beautiful item for yourself or your home, you have participated in a proven effort to better the lives of women all across the globe.

In the spirit of entrepreneurship, go there now.

Thursday, October 19, 2006

Corporate America: Don't Even Go There

You are never too young to become an entrepreneur. Read the inspiring story of a teen fulfilling her version of the American dream.

Tech-savvy teen is CEO of $200k podcasting website.

Visit website here: Switchpod

Saturday, October 14, 2006

Leaving Jet-Set Lifestyle To Found Company

A great example of leaving corporate America to found an inspiring company. And since I know John, admire his work and my best friend served on his Chicago fund-raising committee, I felt it important to feature his work.

Back in the mid-1990s, John Wood was living large. As Microsoft's director of business development in China and director of marketing for the Asia-Pacific region, he was Bill Gate's point man in Asia. He traveled the world, was shuttled to meetings in chauffeured cars and wheeled, dealed and dined at four-star restaurants.

These days, Wood's meetings are held in developing countries over cups of tea with heads of villages. He left his jet-set lifestyle in 1999 to found Room to Read, a nonprofit that builds schools and libraries in developing nations.

Read more here: New Wealth, New Priorities

Monday, October 09, 2006

Get it done. Entrepreneurship starts today.

Dig deep within this new site. There are how-to guides featuring 1,000 business topics, ranging from start-up basics to advanced management techniques.

Each guide provides:

• An overview of the task.
• Step-by-step directions for accomplishing the task.
• Deep links to the Web sites recommended by the Guide’s author/expert as the Web’s best resources for getting the task done.

Read the news of the launch here: Work.com Launches to Help Small Businesses Tackle Their Most Important Business Tasks

Shortcut to getting something done with a new or existing business: Work.com

Thursday, October 05, 2006

Home-Based Businesses On The Rise, Especially Women's

Half of U.S. businesses are home-based and almost two-thirds are self-financed, according to a pair of new Census Bureau reports.

Nearly 2.5 million firms were interviewed for the two reports, which were released Wednesday as part of the bureau's ongoing 2002 Survey of Business Owners.

Home-based businesses collectively generated a remarkable amount of economic activity, especially for women and minorities, Louis Kincannon, the Census Bureau's director, said in a statement.

Read more here >> Most Small Businesses Start Without Outside Capital

Sunday, October 01, 2006

It's Easier To Run Your Own Business Than Climb Corporate America

That's what this article states and I agree. This week I attended the Women's Business Development Center conference in Chicago and had the pleasure of sitting in on Oprah's very amazing and inspiring keynote luncheon talk.

But after so much success in business, do women, including Oprah, still need special encouragement?

Find out what people think here: Women's Conference Still Relevant, Attendees Say.

Tuesday, September 26, 2006

Self-Employed Are a Major But Underappreciated Force

A new study from Massachusetts makes an important point about the 21st century American economy: the self-employed are a major but underappreciated economic force. While most people recognize that self-employment is growing, they don’t know that many measures of state or local employment don’t count sole proprietors. Instead, they simply track those workers who are paid as employees.

The report, by Salem State College’s Laurence Goss, details the numbers for the Commonwealth of Massachusetts. Within the state, there were more than 472,000 sole proprietors in 2004. This total accounts for 17% of Massachusetts’ total employment.

The report concludes that policymakers need to better understand the importance of this sector of the economy. They should also take steps to provide better support and encouragement to sole proprietors and other micro-business owners.

Data and analysis on sole proprietors in Massachusetts are available from the Enterprise Center at Salem State College. The Sole Proprietor Research Information Pack can be accessed here.

[Forgot to mention ... please let me know what you think of our new look, thanks!]

Thursday, September 21, 2006

Women in Business Newsletter

Women in Business Newsletter published by IFC -- designed to keep global women entrepreneurs in touch with key events, relevant research and, most importantly, each other.

This month's spotlight: Fatima Wali, Nigerian Entrepreneur.

Friday, September 15, 2006

Glass Ceiling Is Due To Intelligence, Not Discrimination?

You have got to read this to believe it! Here's the lead:

A recent study proves it is "very likely" that the reason women have difficulty rising to the top in their careers is because they are less intelligent than men (by 4 -- 3.63 to be exact -- IQ points), according to controversial University of Western Ontario psychologist J. Philippe Rushton.

To fully understand and appreciate the source of the material, read on:

The professor -- criticized for claiming whites are intellectually superior to blacks, and that higher AIDS rates in Africa are due to a more insatiable sexual appetite in the black community -- believes the "glass ceiling" phenomenon is probably due to innate ability rather than discrimination.

Read more here: Men smarter than women, prof claims and Sex differences in general mental ability.

By the way, when I watched Professor Rushton on CNBC moments ago, he was sweating terribly on his upper lip.

Babson Blogging Live At ...

9th Annual Women's Leadership Conference
Accomplishment for Women.
Advantage for Organizations.

Friday, September 15, 2006
Babson College

Presented by the Center for Women’s Leadership
in association with the Babson Association of Women MBAs

Featuring Keynote Speakers:Carly Fiorina (shown above)
Former CEO
Hewlett-Packard (1999-2005)
+
Addie Swartz
Principal Creator and CEO
B*Tween Productions

Catch the LIVE blogging here.

[Talk about escape ... ]