Saturday, January 24, 2015

Why Does the Funding Gap Still Plague Women Entrepreneurs?

We've come a long way in the business world but why does the funding gap still plague women entrepreneurs?  It could be that women are more risk averse.
Despite the hurdles widening the funding gap, every entrepreneur needs capital to sustain a business. As a woman entrepreneur, don’t let these start statistics deter you from actively seeking funding.
Read the entire article:  5 Ways Women Entrepreneurs Can Overcome the Funding Gap

Photo Credit: swanksalot 

Saturday, January 17, 2015

When I Grow Up, I Want to Become ...

We've all been in this position at some point in our life wondering:  "When I grow up, I want to become a business owner, physicist, engineer, etc."  Fast forward a couple of years.

If you have pursued your dream and need an extra little push to realize your goal, you might want to consider the Amelia Earhart Fellowship.  Zonta has awarded 1,438 Amelia Earhart Fellowships, totaling more than $8.6 million, to women from 70 countries.

Learn more:  Amelia Earhart Fellowship just one way Zonta helps women realize their goals

Photo Credit: One/Million

Saturday, January 10, 2015

Starting a Business Can Begin At Any Age

Zandra Cunningham is the owner and creator of New York-based Zandra’s Beauty, a line of all-natural, luxurious bath and body products.  She is 14 years old.
It was one of five small businesses selected for free retail space last year in the Market Arcade through the pilot program, Queen City Pop Up. The West Side Bazaar has carried her products since 2013. A 1,300-square-foot production space in the Pierce Arrow Commerce Park on Elmwood Avenue is the company’s base. 
Find out how she got started here.  Starting a business can begin at any age.

Screenshot courtesy of:  Zandra

Sunday, January 04, 2015

Ladies, Let's Take On the World in 2015


Reporter Sandra Guy at the Chicago Sun-Times interviews me about my business and books.  In our discussions, I emphasize one of the big initiatives we have planned this year, which is helping women business owners expand their businesses internationally.

The Sitdown:  Laurel Delaney sees plenty of sparkle for Chicago exports

Happy 2015!

Sunday, December 28, 2014

Are You An Entrepreneur or a Female Entrepreneur?

Do you have an issue being referred to as a "female" entrepreneur? Here's what Tine Thygesen said after accepting her nomination for Best Female Entrepreneur of 2015:
In my inner heart I have to admit that I’ve also declined the invitations because I was afraid. Afraid that people would suddenly notice that I was a woman. An alien on management level!
If there is one thing we don't need in our life it is drama.  And if there is one thing we do need it's to declare who we are and be proud of it.  Tine goes on to say:
I must have had 50 invitations for speeches, about female business topics, but instead I insist on talking about Becoming An Entrepreneur (of any gender), or decline the invitation.
Read:  Why I was afraid to accept the nomination for Best Female Entrepreneur of 2015

Photo Credit: markleslie1


Saturday, December 20, 2014

What Fires Up Entrepreneurship? Have Someone Say You Are Beyond Hope When You're a Kid

Ingrid Vanderveldt was once told by her elementary school principal that she was "beyond hope." As the story goes, she was struggling in fourth grade, in her hometown of Bethesda, Md. Her principal suggested that her parents pursue schooling elsewhere.

What happened after that?  You have to read the full story but let me just say this.  Since then:
She's built and sold two tech companies. She's worked with dozens of others. She's lived on a friend's couch. She's hosted her own TV show on CNBC.
And there's more ... read:  Ingrid Venderveldt has turned her focus from Dell to Empowering a Billion Women (EBW2020)

Photo Credit: torbakhopper

Saturday, December 13, 2014

How to Beat Expectations As An Entrepreneur

You may enjoy being a girl but it's not the easiest being a girl entrepreneur.   A recent whitepaper, "Investing in the Success of Women High-Growth Entrepreneurs, their Teams and their Ventures," published by Astia describes the world of high-growth entrepreneurship as “a world of outliers.” I agree because I am an entrepreneur and feel like an outlier.  Being an entrepreneur is hard work and requires great creativity, chutzpah and smarts.  Not everyone is cut out for it.

Here's what the article below purports:
Make no mistake; if you are female company founder, the deck is stacked against you. The focus on increasing gender diversity in investor-funded startups has gathered momentum recently, but it remains more of a philanthropic women’s issue than an economic imperative.
Learn more:  Entrepreneurs are expected to be white and male.  We need to change this


Sunday, December 07, 2014

Trusty Serving Tray For Drinks Had Major Design Flaws, Not Now

It took two Dartmouth female engineering students, Krystyna Miles and Shinri Kamei, in a casual conversation with their server at a local diner, to discover the trusty serving tray that has been used since the beginning of time when drinks were poured has major design flaws.

Learn how Krystyna and Shinri invented a simple tray that is intuitive to use and doesn't cause tendonitis for waiters.

Read:  This Holiday Season, See Why Drinks Are About To Spill A Whole Lot Less Often

Visit their website:  Tray Bien  Check out their Kickstarter campaign (completed and successful).

Screenshot courtesy:  Tray Bien

Saturday, November 29, 2014

Small Business Saturday: Are You Shopping Local?

American Express OPEN started Small Business Saturday in 2010 with the intent to help raise awareness about the importance of small businesses and the products and services offered by them. The U.S. Senate officially recognized the day in 2012 expressing their support.

If you are running a small, local shop, do you get more than usual sales today or is Black Friday more known?

Regardless, some business owners think this:  Small Business Saturday Still Small Potatoes, Owners Complain

What are your thoughts?

Screen shot courtesy:  American Express OPEN

Sunday, November 23, 2014

What's Holding Women Back in Business?

What's holding women back in business?  Do you think what's holding women back in the corporate world is the same for women who run a business?  I don't think so but here's what Sandy Carter, General Manager for IBM Ecosystems and Social Business Evangelism, says when Carrier Kerpen asked her that very same question.
Be a better networker and build better relationships.
She goes on to say "Don’t be fearful of networking and don’t view it as added “extra.” Approach it in the same way you would any other aspect of your business – head on."

Isn't this something we do as a business owner day in and day out?

Read the entire article and see if it applies to you:  The Importance of Human Connections

Photo Credit: Arya Ziai

Sunday, November 16, 2014

Exceptional North American Women Entrepreneurs

Meet two of the 13 winning entrants to a prestigious North American entrepreneurship program.  They are:  Tonia Jahshan, co-owner of Steeped Tea, and Kristen Wood, who owns a rapidly growing chain of high-end spas called The Ten Spot.  On Thursday, both were named among the EY (formerly Ernst & Young) Entrepreneurial Winning Women.
Since the Winning Women program began in 2008, it has helped more than 70 women grow their companies' revenue by an average of 20 per cent. The participants take part in a customized program designed by EY focused on building critical relationships, enhancing leadership skills, expanding business know-how and providing increased visibility.
Learn more:  Hamilton women names to elite class

Screenshot courtesy:  EY

Sunday, November 09, 2014

7 Lessons We Can Learn From Fierce Female Entrepreneurs

Whether it is the healer, the matchmaker or the humanitarian, all these women have something in common:  entrepreneurship.

Read on:  7 Important Lessons for Entrepreneurs  (Note:  The article is based on The 7 Most Powerful Women to Watch in 2014)

Sunday, November 02, 2014

Entrepreneurship Is the Next Women's Movement

According to president and CEO of the Women's Business Development Council Fran Pastore, entrepreneurship is the next women's movement.  She refers to it as living in the moment.
Between 1997 and 2013, the number of women-owned businesses in the United States increased by 59 percent, compared to 41 percent for all new businesses in the United States, a rate of almost one and a half times the average. Despite this growth, and that women-owned businesses account for 30 percent of all U.S. businesses, they receive only 4 percent of all federal procurement dollars.
Pastore supports the Women's Business Ownership Act of 2014. The act focuses on promoting women-owned small businesses through three areas:
  1. Increasing small-business counseling, technical assistance and training
  2. Increasing federal procurement opportunities
  3. Improving access to capital
Learn more about the Next Women's Movement on Nov. 13 at WBDC's annual business breakfast, "Connect, Grow, and Influence: Women with Impact."  Paula Zahn will moderate a panel discussion with female business leaders who are at the forefront of women's entrepreneurship. Learn more at www.ctwbdc.org

Saturday, October 25, 2014

Why Did You Start Your Business?

According to a new survey by PayPal, 55 percent of American women entrepreneurs said they started or want to start their own business to achieve work-life balance.

Do you agree?

I never started my business to have work-life balance.  I started it to have control over my destiny and to fully express myself.

Why did you start your business?

Read:  Most US Women Entrepreneurs Motivated by Work-Life Balance

Photo Credit: Mike "Dakinewavamon" Kline


Saturday, October 18, 2014

If I Could Just Think of That One Idea!


Lori Greiner, star of "Shark Tank" and the Queen of QVC, guests on the popular daytime program, "The Queen Latifah Show" to discuss her new bestselling book, "Invent It, Sell It, Bank It" (Random House).

Saturday, October 11, 2014

Message to Satya Nadella: When You Are Clueless About Something, I Suggest You "Shut Up"

Satya Nadella, CEO, Microsoft
Oh Microsoft CEO Satya Nadella said something very stupid this past week about women.  All the more reason to get out of corporate America to start your own business.  But he's not the only one to make a similar gaffe in the last week.

In case you didn't catch it, Nadella advised women against asking for pay bumps.  Yes, he expects women in corporate America to be good little girls and to have "faith in the system."  If you do those things, "good karma" will be created and everyone will live happily ever after. The end result?  Women will not make more money or advance but hey, you and Nadella will get along just fine.  You have to be asking yourself ... what is he smoking?

Read:  Microsoft's CEO Wasn't the Only Male Exec to Say Something Clueless About Women This Week

Photo Credit: VIDEO The Washington Post

Saturday, October 04, 2014

I Enjoy Being a Girl (Entrepreneur)

Remember the show tune "I Enjoy Being a Girl," from the Rodgers and Hammerstein musical Flower Drum Song?  I am taking it to a new dimension with "I Enjoy Being a Girl Entrepreneur!"  Why?  Let me count the ways - #1 is I love what I do! - but Carolyn Gregoire sums it up quite nicely with her reasons in The Advantage of Being a Female Entrepreneur.

According to recent data published by the Gallup-Healthways Well-Being Index, entrepreneurs in the U.S., both men and women alike, feel a greater sense of purpose than the average worker, which contributes to greater fulfillment from their work and lives.
Separately, the study found that female entrepreneurs are also more likely to report greater physical well-being than male entrepreneurs and male and female non-entrepreneurial workers, the study found.
Read the entire article: The Advantage of Being a Female Entrepreneur

Screenshot credit:  Flower Drum Song

Sunday, September 28, 2014

Sometimes Father Knows Best

Karley Skutul has quite a few pets, to the tune of somewhere between 100,000 and 120,000.  They are bees.  And those are just the bees that live in the two hives behind her Methuen home.
Skutul, who has been harvesting and selling her own honey with her father's help since the age of 10, tends to two more hives in New Hampshire and an additional two in Maine.
Karley's business is Soothing Honey and it has become a huge part of her life.

Photo Credit: Vicki's Nature

Saturday, September 20, 2014

Is Starting a Business a Way Around the Gender Gap?

Who cares about a glass ceiling?  This quote says it all:
“Being an entrepreneur doesn’t give me a glass ceiling,” said Lea Haben-Woodford, the publisher and owner of Scottsdale-based SmartFem, an online and mobile magazine for women. She said running her company in Arizona has been great, given the state’s typically warm embrace of small businesses.
Find out why women in Arizona are ditching corporate life to avoid gender gaps and starting their own businesses.  After all, as one business owner says, "there's more job security in yourself than in turning it over to a company."

Read:  For some women, starting a business is a way around gender gap

Screenshot courtesy:  SmartFem

Sunday, September 14, 2014

Getting Started in Exporting With Laurel Delaney (Webinar 9/18/14)

Are you looking for new avenues of growth for your business?  Then you should consider exporting.  Please join me at a webinar I am presenting - Getting Started in Exporting.  Are You Ready? - this Thursday, September 18th at 12 p.m. ET/9 a.m. PT (plan on about an hour for the webinar).  Here are the six things I will cover:

1.  Why this is the best and easiest time ever to export!
2.  What you need to do to get your business export ready
3.  How to craft a back-of-the napkin export business plan
4.  How to create a social media and networking presence
5.  How to market your business worldwide
6.  How to use e-commerce sites as stepping-stones to export success

To learn more and to register, visit:  Export NOW 110:  Getting Started in Exporting.  Are You Ready? - Women Impacting Public Policy
(http://www.wipp.org/events/event_details.asp?id=454554)

I look forward to connecting with you on Thursday!  Please share with anyone you think might benefit from the webinar - thanks!

Photo Credit: Digimist