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.

Saturday, December 30, 2023

Happy 2024 From Escape From Corporate America

©2023 Laurel J. Delaney.  All rights reserved.
Happy 2024 from Escape From Corporate America!  Discover six reasons why 2024 is the best time to start a business.  Go for it!  

Saturday, December 23, 2023

Love, Light and Laughter

©2023 Laurel J. Delaney.  All rights reserved.
"Merry Christmas!  Wishing you love, light, and laughter for good memories this holiday season." – Laurel J. Delaney

Saturday, December 16, 2023

How to Succeed as a Woman Founder

How to succeed as a woman founder?  The founders of SoulCycle, Poppi, Halfdays, and more offer their best 5 pieces of advice for female entrepreneurs – from what to read — and what not to read — and how to use social media.

Topics discussed ranged from what to do if a male VC laughs you out of the room (in this case, go your own way and get a loan to start your business) to how to fix your company's Target display.

They've got you covered.

Saturday, December 09, 2023

The Woman Who Keeps On Giving

MacKenzie Scott, a woman who keeps on giving, is well known for her philanthropic behaviors and surprise donations to organizations. 

Scott helped build tech giant Amazon with her then-husband Jeff Bezos. The couple divorced in 2019. She currently has a net worth of $33.7 billion, according to the Bloomberg Billionaires Index.

Scott recently announced $2.15 billion in donations over the past year on her website, Yield Giving. She said in the post that the nonprofit donated to 360 organizations, “every one of whom could use more allies.”

The causes are always wide-ranging.  One organization who is hopeful in receiving a gift from Ms. Scott is Women Entrepreneurs Grow Global®, an under-the-radar nonprofit who has been around since 2015 and educates women on how to grow their business through global expansion.  To date, they have served more than 40,000 women.

Saturday, December 02, 2023

Reshaping Early-Stage Venture Capital (VC) to Better Serve Women Entrepreneurs

Melinda Gates is trying to change the face of power in venture capital (VC) to better serve women entrepreneurs.

Given that VCs cater to a select few, fail on about 80%, and need home runs to pay for the failures, the question looms: can Gates make a dent and leave a legacy?

Discover the five challenges and potential solutions.

Saturday, November 25, 2023

Make Time For Yourself This Holiday Season

Take (or make) time for yourself.  Planning or relaxing must be part of your daily list of to-dos, and what better time to start than the holidays?

Here are five things every entrepreneur should do this holiday season. Practice these habits, and you'll notice a change in 2024.

Saturday, November 18, 2023

5 Secrets to Building a Billion Dollar Brand

Remember Kathy Ireland?  She skyrocketed to fame as a model at the age of 16, is now the CEO of Kathy Ireland Worldwide — a global empire worth over $2 billion.  She is now one of the biggest names in business. 

Here are her top 5 tips for building a billion dollar brand.

Saturday, November 11, 2023

AI Is Not a Replacement for Human Labor

After the release of ChatGPT 3.5 last November, we’re still very much in the early stages of people working out what’s possible with the technology. Everyone wants to know how far it can be taken.

Could AI become a new form of entrepreneurship?

Historically, business leaders would leverage a combination of people and capital to push their enterprises forward. In the last twenty years, that’s expanded to “networks” but in the future, it could involve AI, too.

While some engineers believe AI might be conscious, most agree that it can’t and doesn’t view morality through the same lens as people. As such, it is up to humans to make the best choice for the direction in which to send a business.

AI is not a replacement for human labor.  It's an enhancement.

Saturday, November 04, 2023

Women's Representation in the Workforce Is Not Keeping Pace

Here's a look at the common myths about women’s workplace experiences and career advancement, the specific biases and barriers faced by Asian, Black, Latina, and LGBTQ+ women and women with disabilities, and clear solutions that organizations can implement to make meaningful progress toward gender equality.  That’s according to the latest Women in the Workplace report from McKinsey, in partnership with LeanIn.Org, it's ninth year.

Upshot:  Women are more ambitious than ever, and workplace flexibility is fueling them. Yet despite some hard-fought gains, women’s representation is not keeping pace.

Hence, why more and more women are starting their own businesses. Controlling your destiny is a good thing.


Saturday, October 28, 2023

Education Around Intellectual Property

The USPTO supports women entrepreneurs and promotes education around intellectual property. 

Please visit the Empowering Women's Entrepreneurship webpage for upcoming events, mentorship opportunities, resources, and tools available through the USPTO.  

The last program they offered, "Women Entrepreneurs: Protect and promote your brand," was in collaboration with the Farley Center in Evanston, Illinois.

Be sure to sign up to receive emails about startup resources and FREE events.

Saturday, October 21, 2023

Make Some Extra Cash With a Side Gig

Some people have side gigs – ways to make extra cash – that are even more lucrative than their main jobs.  Take Pinky Chong, for example. 

She’s a physical therapist by trade, but she makes $8,000 a month on the side by selling luxury items from brands like Louis Vuitton, Chanel, Christian Louboutin, Gucci and Hermes.  She has made her extra cash by selling these items on sites like eBay, Poshmark, Mercari and Facebook Groups. 

Find out how Chong got started and how you can, too.

Saturday, October 14, 2023

Interested In Learning What It Takes to Go Global?

©2023 Global TradeSource, Ltd.  All rights reserved.
Feel free to join us (I, Laurel Delaney, will be attending) for the 8th Annual Global Small Business Forum:  Navigate Turbulence in the Global Marketplace!  You can join virtually or in person in Chicago on Friday, October 20, from 8:00-11:30 AM CT.

Sponsored by Associated Bank.  Hosted by Foley & Lardner.  

Hear from business owners who know what it takes to go global successfully.  As a fellow woman entrepreneur, I know the benefits to expanding a business globally – now you can discover them, too.

To learn more and to register, visit:  https://bit.ly/3PyjTv0.  Specifics can also be found here.  Hope to see you there!

Saturday, October 07, 2023

Reviving An Old School Brand

For 15 years María Obregón, who lives in Northern Chile, has been selling Avon beauty products, turning her work into a family business in which she has been joined by her husband and even the youngest of her children.  "Avon for me means freedom," she says with unconcealed delight. "It means independence. It means fulfilling myself as a woman, as a person."

Recent months have been difficult for Avon and its Brazilian owners, Natura & Co. The conglomerate, which sold its luxury brand Aesop to the French firm L'Oréal for over $2.5 billion, may soon take the same route with another brand, The Body Shop. Natura acquired The Body Shop in 2017 to exploit growing demand for ecological beauty products. But today its priority is to return to maximum profits and spending discipline, prompting a consolidation of assets and interests, reports Reuters.

Avon's challenge as a traditional brand is to be relevant to younger women.  Read on to learn more.

Saturday, September 30, 2023

Saturday, September 23, 2023

Entrepreneurship: Start With Who You Are and What You Stand For

Founder and Owner Shelley Jack of Sheba Marketing had advised scores of clients on how to market and to strategize for growth but she wasn't prioritizing those lessons to her own business.

She says, "Building that [a] plan and intention into your business is a necessity. You have to start with your identity, who you are and what you stand for, and then make and follow that plan. I [Shelley] enjoy working with businesses and organizations that focus on both business and social impact — those moving and shaping their business to grow and improve the community.”

Learn how Shelley's business has evolved over time.

Saturday, September 16, 2023

Challenges Women Entrepreneurs Face and Some of the Most Successful Women to Follow

Business News Daily (BND) asked female CEOs about the key challenges women entrepreneurs face and how to overcome them. Here are seven:

  1. Defying social expectations
  2. Accessing funding
  3. Struggling to be taken seriously 
  4. Owning your accomplishments 
  5. Building a support network 
  6. Balancing business and family life 
  7. Coping with fear of failure

Then, in the same article, BND tackles five (5) of the most successful women entrepreneurs based on their accomplishments and net worth. The following ladies made the cut for some of the most successful women entrepreneurs to date. Love them or hate them, they made names for themselves in strong careers.  Oh, and I am adding one more, so make it six (6) – and be sure to Follow the last one, M.H.

  1. Oprah
  2. Gisele Bundchen
  3. Sheryl Sandberg
  4. Lady Gaga
  5. J.K. Rowling
  6. Michelle Hayward   

Read the entire article here.

Saturday, September 09, 2023

Successful Black Female Entrepreneurs Are Climbing Even Higher Mountains

Black women leaders in the United States are the fastest-growing group of entrepreneurs. 

Historically, Black females have earned less than men and white women with the same education and experience. 

As the country continues to fight for equality in funding, the workplace, and in every aspect of life, many impressive Black women are creating a runway for generations to come and climbing even higher mountains.

Find out who some of these successful black women entrepreneurs are here. 

Saturday, September 02, 2023

America's Richest Self-Made Women 2023

Female entrepreneurs.  Women business leaders.  Those who have made it and those who aspire to make it.  These women are driving change, transforming business and making a significant impact on the world. 

Collectively, the 100 women on the list have a record high net worth of $124 billion, up 12% from last year. List members have built careers in a range of industries, including healthcare, entertainment, financial services and technology. 

AI is already having an impact, helping drive up the fortunes of semiconductor firm AMD’s CEO Lisa Su, who is preparing for battle in the coming AI revolution against Nvidia, and Insitro CEO Daphne Koller, a computer scientist whose South San Francisco firm is using machine learning to develop drugs more quickly.

Read on to find out who the top 100 women are.  Full list here.

Saturday, August 26, 2023

Women Are Profit Drivers

As we are entering an era where there are as many different faces of entrepreneurship as there are companies, it's important that we recognize that there is not one singular leadership style or manifestation of "strength" that predicts or defines success.

Meghan Gaffney, founder and CEO of Veda, offers lessons and tips that may help non-traditional entrepreneurs.  Her three (3) major points are:

  1. Use the data — it's on your side –> "Remind yourself (and anybody else who will listen) that women are proven profit drivers and we have the data to back that up."
  2. Flip the script: Reframe your strengths.
  3. Seek out diverse viewpoints and invite them to the table.

Read he entire article to learn how you can leverage your value.

Sunday, August 20, 2023

Fierce Leadership

©2023 Laurel J. Delaney.  All rights reserved.
"One who is fierce leads….and leads well." – Heather Oden, Fierce

Saturday, August 12, 2023

Never Satisfied Working For Someone Else

Chandell Stone, founder of Chany Ventures, came to Mexico's capital from New York City, and had a plan to center her business on women, especially women from marginalized groups who have less access to opportunities to start a business.

Stone has one of those personalities that is never satisfied working for someone else. Already experienced in securing venture capital, it seemed natural to start a business to help others do the same — hence Chany Ventures.  

The most important service that Chany Ventures provides is to support the kind of women who themselves would doubt their own ability to start a business. Often she finds it best not even to push the goal of attracting venture capital, rather use the term “medium-sized business.” At least until such women get more confident, she says. 

Learn more about Stone's goal of growing Chany Ventures throughout Mexico – Mexico City (as shown), Guadalajara, Monterrey and online. 

Saturday, August 05, 2023

Your Best Years Are Always Ahead of You

Forbes and Know Your Value’s third annual “50 Over 50” U.S. list, was released on Aug. 1, 2023 and the big takeaway is:  Women over the age of 50 are rejecting the conventional wisdom that their best years are behind them. In fact, they are just getting started.

The year’s group of women came from dozens of industries, including bio tech, aerospace, venture capital, manufacturing, arts, entertainment and more.

The honorees have achieved their greatest accomplishments and are making their biggest impact after the age of 50.

Huma Abedin, vice chair of Forbes and Know Your Value’s 30/50 Summit says the list shows that "pivoting professionally at any age is not just a possibility, but we should make it a priority to consider…There’s a whole list of women over 50 showing us the way.”

Check out the list here.

Saturday, July 29, 2023

SHE Adores Being An Entrepreneur

Christy Bieber has been running her own small business for over a decade now. She has grown her company over time, and there are many things SHE adores about being an entrepreneur. 

But there are also some downsides to being solely in control of her earnings and daily business operations.

Read on to learn more (ignore the last alert part – seems like a subtle pitch).

Saturday, July 22, 2023

Who Is the Good Entrepreneur?

There is a bias against which women cannot compete in a marketplace. You can’t change anything if you are systematically ignored. When I [Marian Spier, serial entrepreneur, founder of TEDxAmsterdamWomen, CEO of FEM-START, and social impact & cultural strategist] started, my motto was: beat the system. Soon I discovered that is an impossible task. Now my motto is: create the system. 

The bias Marian refers to includes investors associating a “good entrepreneur” with masculine characteristics. “People would rather invest in a young man who bluffs and says: in two years I’ll turn two million in sales, rather than in a woman who turns one million in two years and can live up to that and substantiate her figures well.”

Sound all too familiar?  Read on to learn how Marian wants to make it easier for women worldwide to access networks.

Saturday, July 15, 2023

Spend Time and Energy Supporting Other Female Business Owners

I could not agree more.

The idea may seem counterintuitive when one is working so hard to build their own business. How would spending time and energy supporting other female business owners help me? I am over here struggling to stay above water or maybe I have just hit my stride in business, I can’t afford any distractions.

This woman business owner walks you through how investing in fellow females directly impacted the success of her own business at every stage.

Come up for air.  Shift the focus (from all about you) to women around you.  Who needs your help?  Reach out to assist.   We all win. 

Saturday, July 08, 2023

Buy From a Black Woman Entrepreneur

H&M is committed to using its platform to promote economic inclusion and spark growth for Black women entrepreneurs, because when their businesses flourish, entire communities thrive," Donna Dozier Gordon, head of inclusion and diversity for H&M Region Americas said in a statement. 

She goes on to say:  “Nikki Porcher has been instrumental in elevating these incredible businesses, ensuring they are poised for long-term success, and we are proud to stand with her and Buy From a Black Woman to make lasting change.”

Learn more about an event they are hosting today, July 8, 2023 in Charlotte, NC.  The multi-city, pop-up shopping event highlights local Black women businesses, rallies communities to shop local vendors and serves as a networking opportunity for business owners.

Saturday, July 01, 2023

Take Advantage of Every Funding Opportunity, Including SBA Loans

Although female entrepreneurs and women-owned businesses have been on the rise in the country, the disparities — especially for minority women — within the American workforce are still stark compared to male and male and female-owned businesses. Here are some statistics on women-owned businesses: 

  • 22 percent of employer firms were owned by women.
  • 48 percent of nonemployer firms — meaning the business had no employees — are owned by women.
  • Women-owned businesses are more likely to rely on funds from personal sources, such as family and friends and savings.
  • 32 percent of women-owned businesses were zero to two years old versus 16 percent of male-owned businesses. 
  • Women-owned businesses make up 42 percent of all businesses in the U.S.
  • Globally, women account for roughly one in three of all high-growth entrepreneurs.

In 2022, 63 percent of women entrepreneurs surveyed said they expect revenue to increase in the upcoming year and 47 percent plan to expand their business. 

Learn more about how the SBA helps women overcome financial barriers and fulfill their dreams, making it a good place to begin your search for funding.

Saturday, June 24, 2023

Invest In Women Entrepreneurs Is a Smart Business Decision

Ecem Altıok is Investment Director at Yıldız Ventures, Gözde Tech Ventures, and Yıldız Holding, where she oversees Venture Capital (VC) and Corporate Venture Capital (CVC) investment and portfolio management activities, was recently asked:  Why do you think it is important to invest in women entrepreneurs?

Investing in women entrepreneurs is not only a matter of gender equality but also a smart business decision. Women entrepreneurs bring unique perspectives, creativity, and problem-solving skills to the table. They often identify market gaps and consumer needs that may have been overlooked, leading to innovative business ideas and solutions. It also has a multiplier effect, as women tend to invest back into their communities, creating job opportunities and driving social impact. By supporting women-led businesses, we contribute to building a more equitable and sustainable future.

Overall, investing in women entrepreneurs is not only the right thing to do but also a strategic investment that can yield substantial returns and foster economic empowerment for women.

Read the entire interview here.

Saturday, June 17, 2023

How to Overcome Obstacles as Women Entrepreneurs

Overcoming obstacles is key to being a successful female entrepreneur.  Unequal access to capital is a significant obstacle for female entrepreneurs, but it is just one of many unique challenges faced.

Here are four tips – a deeper dive – to help you navigate challenges, foster resilience and thrive in business.

  1. Build a support network
  2. Own accomplishments
  3. Create work/life balance
  4. Overcome self-doubt

To read the entire article, which includes funding options, federal contracts, business loans, and alternative financing, visit here.

Saturday, June 10, 2023

Grameen America Helps Low-Income Women Business Owners With Loan Capital and Credit-Building

Grameen America is the fastest growing nonprofit microfinance organization in the United States. Atlanta is the 25th U.S. city where the fund has set up operations. The new Grameen America Atlanta office is being funded through partnerships with The Studio@Blue Meridian, Truist Foundation, Investor and philanthropist Robert F. Smith and Regions Bank which donated $1million. 

What does Grameen America do?

Grameen America provides low-income women business owners with loan capital, financial education, asset- and credit-building, and peer support. Since 2008, Grameen America has reached more than 170,000 women living in underserved communities across the United States and recently achieved a record milestone of investing over $3 billion in capital to emerging entrepreneurs. The organization’s repayment rate is over 99% and its members have achieved an average credit score of 653 through participation in the program.

Atlanta is known for its strong women entrepreneur base, so it was a natural that the organization would eventually set up shop here. The fund started making inroads into the metro area in June 2022.

Learn more about the plans for Grameen America and women entrepreneurs. 

Saturday, June 03, 2023

Books. Biometrics. Beauty Products. Women Continue To Break Records in Entrepreneurship

These 100 female entrepreneurs, executives and entertainers made their fortunes in every conceivable way.  But hard work was the real underlying strength that got them to where they are today. 

Bolstered in part by a rebound in the stock market, they are cumulatively worth a record $124 billion, up nearly 12% from a year ago. Building supply distributor Diane Hendricks remains No. 1 for the sixth year in a row, with a $15 billion net worth. Showrunner Shonda Rhimes and Insitro CEO Daphne Koller, whose firm is using AI to develop drugs more quickly, are among the eight newcomers.

Check out these self-made women who are taking the world by storm. 

Saturday, May 27, 2023

Know Someone Where Time Doesn't Exist When You Are Together?

Excuse me, have we met before?  This encountering could occur with a person on a bus, at the gym, or picking up a coffee at Starbucks when time stops or seems endless when you meet. That specialness is a sign that perhaps you are picking up from a past life.

At some point, we’ve all met someone that impacts us on a far deeper level than we ever could have imagined. Understanding how to tell if you know someone from a past life could explain why you feel so drawn to a specific person. It will even shine a light on the relationship dynamics you share with them now.

Read on for 11 Signs You Know Someone From a Past Life (& That You’re Picking Up Where You Left Off).

If you believe in reincarnation, you know the soul continues beyond death.

Sunday, May 21, 2023

If You Want to Get Something Done, Use Your Ecosystem

Interest rates are rising, banks are failing, there’s high inflation, and a dynamic of low unemployment and layoffs. The economy is different than a couple of years ago, and venture capital firms are slowing their funding. 

Companies solely founded by women receive less than 3% of all venture capital investments, and women account for less than 15% of checkwriters, according to PitchBook. 

Yet there is still a glimmer of hope.  The key is having a business that can scale and is durable, one that could survive a recession if it happens.  And, it helps to access and use your ecosystem.  Some examples are the Women Presidents Organization, Women Entrepreneurs Grow Global® and Women Elevating Women.

Learn more about how you can get one step closer to your entrepreneurial goals.  Spoiler alert:  It's not easy.

Saturday, May 13, 2023

Best Tips (21) For Women Entrepreneurs

To help women entrepreneurs who are starting new businesses, AllBusiness asked female entrepreneurs and founders to share advice that helped them—or that they wish they'd known—when they started their own entrepreneurial journey.

They shared the following tips:

  1. Cultivate powerful storytelling
  2. Bring a new perspective
  3. Find a purpose
  4. Know that you are in control
  5. Stop discriminating against yourself
  6. Hire employees who share your passion and vision
  7. Get out of the hourly rate mentality
  8. Surround yourself with supportive people
  9. Maintain authenticity 
  10. Develop a support network
  11. Ensure you have work-life balance
  12. Overcome imposter syndrome
  13. Don't underestimate the power of community
  14. Seek female-friendly investors
  15. Stay true to your values
  16. Build a strong support system
  17. Focus on Progress, Not Perfection
  18. Grow a strong local network 
  19. Develop the right mindset
  20. Don't sell yourself short
  21.  Realize the power of emotional intelligence

Read the entire article here.

Saturday, May 06, 2023

Put Yourself Out There

To run a business, “you have to be willing to put yourself out there,” Julia Broome, owner of Kin Southern Table + Bar recently told The Herald. “You can’t be afraid to put yourself out there, and speak, live, eat (and) breathe your brand.”

The Herald spoke with three women who own and run businesses about the successes and challenges of entrepreneurship.