Thank GOD for thinking like an entrepreneur!Have a good week!
Photo courtesy: Tonynetone
Thank GOD for thinking like an entrepreneur!Have a good week!
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
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.
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"
There are some characteristics that specifically describe a personality type which many entrepreneurs have (e.g., Bono, John F. Kennedy, Steve Jobs, Richard Branson, Oprah Winfrey, Michael Jordan, Steven Spielberg and Donald Trump). It’s called the Davinci personality type.Read the entire article (including a neat infographic): 9 Characteristics of an Entrepreneur: Recognize Some of Them?
Whether you are bootstrapping or pitching to get VC/angel investors, you must keep in mind two things about your business pitch: keep your story simple and sweet. I've been asked lately about what the top "must haves" for women are when pitching their businesses and/or ideas. There have to be some formulas for success, right? As women in a male-dominated industry, we should be sharing these trade secrets with each other!Read the entire article here.
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| ©2013 Laurel Delaney. All rights reserved. "Mini Cooper Bunny!" |
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| ©Laurel Delaney 2013. All rights reserved. "Irish Hats" |
Finances, funding, and marketing -- Chic CEO has got it covered. Together with her business partner Jody Coughlin, Stephanie has created a platform for women to find the answers to help them make their dream a reality.Chic CEO Walks Women Through the Practical Steps of Starting a Business
After spending months frustrated at how empty Yahoo parking lots were, Mayer consulted Yahoo's VPN (Virtual Private Network where workers can use it to securely log into Yahoo's network and do work) logs to see if remote employees were checking in enough. Mayer discovered they were not — and her decision was made.When is the last time you checked your VPN logs or parking lots? Could your workers be slacking off?
Women-owned firms start and grow businesses with substantially less outside financing, according to a Department of Commerce survey of women-owned companies across the U.S. That helps to explain why the average women-owned business has 25% lower revenue than the typical male-owned firm in the same industry.Read the entire article here.
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| Alecia McClung, CEO, ARO |
Womenetics: When and why did you start your business? How did you recognize that there was an opportunity to outsource your services to companies in the Chicago area?Read Alecia's inspiring story and interview here.
Alecia McClung: We primarily started outsourcing in mailroom and print centers. I started the infrastructure in 1990, about 22 years ago. We started out in the legal market and expanded into hospitals, schools, manufacturing, and now we’re pretty much in every market.
The women’s contracts slid 5.5 percent to about $16.4 billion in the fiscal year that ended Sept. 30 from $17.3 billion in fiscal 2011, according to data compiled by Bloomberg. Awards to small firms owned by men fell 4.1 percent to $80.9 billion.What's causing the decline?
The gender gap may reflect stiffer competition over a shrinking pool of contract revenue as well as the bureaucratic burdens associated with a new effort to reserve awards for women-owned firms, according to former procurement officials and small business advocates.Read the entire article here.
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| Brenda Frazier, owner of Brenda Kay Frazier's Beauty Shop |
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| ©Laurel Delaney 2013, "Yellow Tree" |
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| ©Laurel Delaney 2012, "The Driehaus Museum, Chicago" |
These entrepreneurs prove the adage that a good idea coupled with persistence and focus on quality pays off in the end.Read: Women Entrepreneurs: Alive and Well, Thank You Very Much!
Gender is irrelevant.
It's also a good idea before you let go to get some skills, and practice -- with a safety net. That's the idea that spurred Joanne Wilson and me three years ago to start the ITP Women Entrepreneurs Festival. We wanted to celebrate the women who were flying through the air (generally not with the greatest of ease) and to inspire other women and give them the skills and safety net to make the leap themselves. We designed this gathering to be different from other conferences targeting women. We wanted it to be a place of conversation, where participants and speakers had conversations and developed relationships. We saw the conversations between the most skilled, the most daring and the women on the verge as the strongest fiber with which to build a safety net.Read the entire article here where the author likens entrepreneurship to a trapeze artist (that's the "letting go" part).
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| Photo courtesy: Current Motor |
Defying her own low expectations, she found our Super Scooter to be "shockingly fast, to be honest." The ride comfortable, handling responsive, and overall decidedly NOT boring. Her suggestion: "You HAVE to try it!"Rumor has it that women entrepreneurs, provided they ride a Super Scooter, can be shockingly fast!
Myth #1. All small businesses want to grow.Read: Restarting the U.S. small-business growth engine
Not all owners of small businesses want them to grow; many “mom and pop” enterprises are happy to stay small. It is really a subset of young businesses—those less than five years old—that do want to grow and that create the majority of jobs: 40 million over the last 25 years. This represents 20 percent of total gross job creation and total net new job creation in the United States over this time period.
Now the pair are trying to raise money to turn it into a series on crowd-funding broadcast site Mobcaster. The pilot, Startup: NYC, chronicles a day in the life of PA for a Day owner Charell Star and Morgan Gantt, owner of the online wig-sales site, Swigchd.Think it will work? Learn more here and start to track it. Is this an idea that will work for you and your business?
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| Laurel Delaney on Pinterest (www.Pinterest.com/LaurelDelaney) |
The way Pinterest grew had little to do with Silicon Valley wisdom. It was about marketing — mostly grassroots marketing — not better algorithms.Find out what they did here.
More women have started their own businesses. Data this year from U.S. Census Bureau’s Survey of Business Owners shows that, over the past 15 years, the number of women-owned companies nationwide has grown 54 percent compared with 37 percent growth in the number of businesses overall.Read the entire article:
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| Arminda "Mindy" Figueroa |
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| ©Laurel Delaney 2012, "Comeback 2.0" |
(My favorite Lance quote about pain, clearly applicable to the accusations, is, “Pain is temporary. It may last a minute, or an hour, or a day, or a year, but eventually it will subside and something else will take its place. If I quit, however, it lasts forever.”)Read the entire blog post by Michael Specter: And now he is nothing (The New Yorker)
Yes, quitting lasts forever.
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| My trusty Clinique collection (as shown) |
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| U.S. Artistic Gymnasts -- Gold Medal Winners 2012 Summer Olympics |
3. Women RuleI suspect that stat holds up on female entrepreneurs too.
Thanks in part to its population, and its progressive policies toward girls' and women's athletics (see: Title IX, the 1972 federal legislation that guarantees women equal support for sports at public institutions) the U.S. produces the best female sports team on the planet.
... women actually develop confidence through the process of launching a business, which in turn helps their endeavors grow. "Just start something in your life … you will have a happier life, you will feel more confident, and that's what it's all about" ...Read the entire article:
Example: One of the story angles which I brainstormed when I started my business (2008) was the fact that I had quit a prestigious, well-paying job to pursue my passion - from nothing. This was considered unconventional in the context of the Singapore society (at that time, at least) because most locals conformed to the view that one should stay in a stable job with financial security and an iron rice bowl —the complete opposite of what I did. Hence, I used that as the angle for one of my press releases, and it was eventually picked up by several media outlets (Today, OMY, Lianhe Zaobao, AsiaOne, among a few other sites).Read: How to Get Media Coverage for Your Business, Blog, or Startup
... the abundance of choice and favorable market conditions for potential tenants can prove an enticing prospect for budding entrepreneurs and small business owners. However, even in a buyer’s market, negotiating a commercial lease is a daunting and complex process that requires research and due diligence.Below are some helpful tips for leasing a space for your small business. If you've got more, please let us know!
Numerous solo cross-country road trips and travel abroad as well as an insatiable curiosity for interesting people, places and stories.Take a tour of her creative work here.
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| Photo courtesy: ©Laurel Delaney 2012, "USA flag, Chicago" |
As entrepreneurs and leaders, it’s important to break out of your comfort zone and get away to business conferences. It’s your opportunity to completely remove yourself from your business and the pressures of your everyday life to get inspired, invigorated and empowered to take your business and life up.Read all of her advice at: Keep Your Business Thriving By Attending Live Events
What we discovered in our research is that while the empowerment part of the equation has been loudly celebrated, there has been very little honest discussion among women of our age about the real barriers and flaws that still exist in the system despite the opportunities we inherited.Why Women Can't Have It All
Hi there Laurel,Visit: reFORM Studios Personal Training | Your premiere personal training experience
I'm a former corporate climber (spent 10 years building an architecture career) who just picked up the keys to my first business location as an entrepreneur last weekend. I'm opening a private fitness studio, the culmination of a two-year journey towards total self-employment and fulfillment. It's been a terrifying, exciting, challenging, and thrilling process.
I'm in a position of finding creative solutions, like so many women do, to make this work, so I've launched a crowdfunding campaign (refer below) to support this startup and fill in the gaps between my budget and our dreams for this studio.
Would you consider sharing my story and this campaign on your blog? I'm reaching out for creative ways to spread the word and connect with women who get what I'm going through.
You can check out the campaign at indiegogo and please email me if I can share more about what we're trying to do.
Katrina Cobb, Owner, NASM CPT
reFORM Studios Personal Training
North Charleston, SC U.S.A.
A new study says almost 600-thousand new businesses are created each year by young adults right out of college.Catch the remarks from a clothing shop owner about why she felt the need to start her own business rather than work for someone else.