Women Lead the Way in Startups

Stamford, Connecticut

Why are women leading the way in startups, at least in Stamford, Connecticut?

... studies show that women are strong, credit-worthy borrowers, who have higher payback rates of bank loans compared to the population as a whole.

See what else is cooking for women business owners in Stamford, Connecticut where they've witnessed a 17.3 percent growth in jobs -- or a whopping 92,000 positions -- among women-led businesses -- from 2007-2011.

What does this tell the world?  Make women a priority. 

Read the entire article to find out what Stamford is doing to harness female talent and attract other women entrepreneurs:  Women Entrepreneurs Can Drive Economy 

Photo courtesy: Lee Cannon

Alison Gutterman Goes Interactive With Her Products

Alison Gutterman, President, Jelmar

Introduced 46 years ago by Skokie-based Jelmar, Tarn-X, the metal tarnish cleaner, is the top brand in its category in the United States.  And CLR, the company’s 30-year-old calcium, lime and rust remover, also holds a top spot, according to IRI.

President Alison Gutterman (pictured) has zeroed in on marketing innovation and new product development to reach a new generation of customers since she took over six years ago.

Learn more on how Alison's marketing efforts are paying off and how to stay relevant and competitive in tough times- here.

Photo courtesy:  ©2013 Laurel Delaney.  All right reserved.

Believe in Your Dreams

To women everywhere ...

"Believe in dreams, your dreams for yourself. Your dreams to be who you want to be, to touch the sky, to travel far, to be valued for who you are, as a whole person, with the body you were given and the brain you’ve developed." - Dale Fiek

Read the entire article here.

A Crowdfunding Site Exclusively For Women?

Crowdfunding website exclusively for mom and women entrepreneurs Nap Time Startups, announced its beta launch, which is scheduled to begin on December 2nd with a first year goal of funding 1,000 startups.

As part of the beta launch, pre-registration is currently open to entrepreneurs, donors, investors and business service support affiliates.

Learn more:  Crowdfunding Site for Women Entrepreneurs

And don't forget to pay a visit to Kickstarter and Indiegogo - two other large funding platforms. 

Photo courtesy:  401(K) 2012

Lack of Confidence? Fear of Failure?

Is that what's holding you back from becoming an entrepreneur or starting a business - a lack of confidence and a fear of failure? 

According to a recent Entrepreneur.com article, it says:

Women often don't think they are capable of launching their own businesses, which is one reason there are significantly fewer female entrepreneurs than male entrepreneurs, according to the Global Entrepreneurship Monitor 2012 Women's Report released July 31st.

Read the entire article here.  See if you agree.  And as always, I welcome your comments.

Illustration courtesy:  QuotesEverlasting

Hardest Part of Growing Fast?

When you're running a fast-growing business, what's the hardest part about it?  Best-selling author Jim Collins has written about and below, two women entrepreneurs -- partners Stephanie King-Myers and Nancy Bigley who run Chicago-based Bottle & Bottega -- say that the hardest part about turning a small business into a growing franchise is ...

Read entire article:  Two Women Entrepreneurs Share the Hardest Part of Growing Fast

Photo courtesy:  Wesley Fryer

Live the Life You Want: Start a Business

Award-winning journalist and best-selling author Jean Chatzky talks with Victoria Colligan, co-founder of Ladies Who Launch about her company, which provides a social network for entrepreneurial women, and about why and how women make the decision to launch their own businesses.  Victoria says that more women are starting their own businesses in order to live the lives they want.

Read the entire interview here.

Photo courtesy:  Leah Jones (Ladies Who Launch Evanston)

Start a Project. Make It Your Business.

Seattle-based nonprofit Landesa launched the Security for Girls Through Land Project (Girls Project), which leverages land and land rights as a way of improving social and economic prospects for the next generation of women in West Bengal, India.

The project reached more than 7,000 girls in 299 communities in West Bengal between 2010 and 2013, and is expanding to reach roughly 35,000 more in 2013. Landesa’s goal is to eventually reach millions of girls by partnering with a national government initiative called the Rajiv Gandhi Scheme for Empowerment of Adolescent Girls (SABLA).

The reason I bring this up is because Melany Grout (recently featured in Oprah Magazine), an attorney with Landesa, spends more than her share of time flying from Seattle to Dubai to Delhi to Kolkata, India.  Once there, she teaches young girls how to grow food, often on an unused backyard patch of land.  Hence, teaching families the value of young women.

Oftentimes, it takes a project to realize your true passion.  And in more instances than not, that project develops into a business.

So, what are you working on?  What are you passionate about?  If you haven't started a business yet, put the two together and you have a winning formula for business success. 

Photo courtesy:  McKay Savage

What It Takes To Become a Real Woman Entrepreneur

Happy Birthday No. 237 to the United States and No. 9 to the Official Escape From Corporate America Blog!

Happy 9th Birthday to the official Escape From Corporate America blog and Happy 237th Birthday America!  Enjoy the day and thank you all for your readership.

Celebrate and make your business unbeatable!

For a little bit of history about this blog, go here.

Photo courtesy:  ©2013 Laurel Delaney.  All rights reserved. 

Sometimes the Best Ideas Are the Most Basic

At 17, Kavita Shukla (pictured) got a patent for FreshPaper, a sheet of paper infused with a secret blend of organic spices that prohibits bacterial and fungal growth on fresh fruits and vegetables.  Then, she got a degree in economics from Harvard.  Next, she launched her company, Fenugreen (named for fenugreek, one of the plants in her patented concoction).

How did she get the idea for the FreshPaper?

Kavita was visiting her grandmother in India when she accidentally swallowed tap water while brushing her teeth. She panicked, but with a flurry of activity in the kitchen, her grandma produced a murky brown concoction of herbs and spices for Shukla to drink—and she never got sick. She was fascinated by her grandmother's wisdom and, when she returned home to the U.S., began experimenting with the effects of various spices by dipping strawberries into them to find out which prevented bacteria and fungus from growing. 

The rest is history - FreshPaper is now sold in stores across the U.S., as well as 35 other countries.

Read the entire article, including lessons from Kavita (one being our subject line for this post) - here.

Photo courtesy:  TEDx Manhattan

Women Entrepreneurs Are the Future of Business

Sara Blakely, Founder, Spanx

Forget leaning in.  And when you are an entrepreneur, who cares about working in the corporate world?  It's the women entrepreneurs who can and will make bureaucracy a word of the past.

Read Fast Company's great article by Miles Kohrman ...

From refugee camps to the boardroom, Elizabeth Gore and Ingrid Vanderveldt on how women entrepreneurs are the future of business.

Can Women Entrepreneurs Make Bureaucracy a Word Of the Past?

"They're fundamentally seeing that entrepreneurs, women especially, are really the key to our global and sustainable future," Vanderveldt says.

Photo courtesy:  David Shankbone

Bad Girl Entrepreneurs?

Is there such a thing as bad girl entrepreneurs?  There is Cincinnati-based nonprofit Bad Girls Ventures (BGV) -- that's close enough! -- and they recently graduated its first group of women entrepreneurs for 2013 with award loans to two local companies.

Project Blue Collar was the big winner, receiving a $25,000 loan (sponsored by Meshewa Farm Foundation) from Bad Girl Ventures, or BGV. The runner up was SuZu Designs, which got a loan for $10,000.

The two companies were among 35 woman-owned start-ups who were in the BGV program.

Congratulations to Project Blue Collar, SuZu Designs and all the other participants in the program!

There's more - so stop in here.

Photo courtesy:  Project Blue Collar ("buy a collar, save a dog!" -- as shown above)

How to Turn Your Passion Into a Business

Meet Eleonora Carisi.  Model.  Contributor to the popular Italian fashion website Grazia.it  Founder of JouJouVilleroy.com, which insiders now rate as one of the country's 50 most popular fashion blogs. Two years later, Carisi took over YouYou Store, a concept store in the center of the city (Turin, Italy) that sells a small selection of cutting-edge goods from up-and-coming local designers.

Find out how Carisi boldly turned her love of clothes into a full-time career here.

Meanwhile, here's the answer to one of many questions she was asked by Glamour.com during an interview:

What is your best piece of advice for young women hoping to start their own businesses?
 
Eleonora:  Is it really what you want to do? Ask your heart.

Photo courtesy:  JouJouVilleroy.com

Chuckle of the Day: Why God is an Entrepreneur

Delightful post authored by Bob Marovich over at the Black Gospel Blog entitled, "Why God is an Entrepreneur."  Point of the story:

Thank GOD for thinking like an entrepreneur!

Have a good week!

Photo courtesy:  Tonynetone

Technology Is a Key Growth Driver

According to small business research from Dell and Intel, start-ups and small businesses in the United States are focused on growth, primarily domestically, and are increasingly investing in technology to help them scale.

Key findings:

• Maintaining their optimism: Over the course of the next year, more than half of entrepreneurs and small business owners expect finances to improve (56 percent), and most expect better prospects for sales (75 percent) as well as greater growth opportunities (58 percent).
• Looking to technology as a growth driver: The majority of entrepreneurs and small business owners consider access to technology to be key to successful growth (77 percent).
• Staying domestic: The majority of U.S. startups and small businesses see greater growth opportunities at home than abroad (84 percent).
• Focused on growth: Nearly half of respondents are planning to grow their companies in the near future (48 percent), while a significant percentage is focused on long-term growth (38 percent). 

Access the full report here.

Infographic courtesy of Dell.

Push Yourself Out of Your Comfort Zone

This is a very wild, run-on article!  The key points made within it are based on the recent Women in Technology Leadership and Entrepreneurship Forum RISE (Relationship & Information Series for Entrepreneurs).

Women entrepreneurs must stop hanging back, letting fear win, believing that being partners and parents precludes them from being successful business owners.  They must push themselves to create businesses with scaleable ideas that can grow into multimillion or billion dollar companies.

Read the entire article:  Women in Tech Must Push Relentlessly to Succeed

Photo courtesy:  Wolfgang Lonien

Eric Chats with Sheryl

Lean In: Women, Work and the Will to Lead.
Author Sheryl Sandberg in Conversation with Eric Schmidt

Related article:  Leap In!

Building Beyond the Glass Ceiling

In this post, find out the top U.S. cities for women entrepreneurs (San Francisco and Seattle, for example) and catch a wonderful infographic that includes seven tips for future women entrepreneurs.

Two important steps to successfully starting up are finding a mentor and building a network of fellow female entrepreneurs that you can turn to for advice and referrals. Launching a business in a city with a thriving community of women entrepreneurs is a good place to start.

Photo courtesy:  ericskiff

Leap In!

I just love the article below by Dr. Candida Brush, professor at Babson College.  It's about Cheryl Sandberg's new expression, or book, if you will, "Lean In," which inspires women leaders to move forward in their careers, pursue opportunities and actively accept responsibilities.

Dr. Brush challenges the theory of "leaning in" for women in the workforce by saying it may not be enough for women entrepreneurs.  She goes on further to say:

In fact, they need to “leap in."  It is impossible to be an entrepreneur by leaning- you have to commit, take risks and take action.

Read the entire fabulous article:  "Leaning In is Not Enough:  Women Entrepreneurs Need to "Leap In"

Photo courtesy:  Foxtongue