First Woman Entrepreneur in the World?

Sarah Breedlove, known as Madam C. J. Walker, was an African-American entrepreneur, philanthropist, and a political and social activist. She was considered the wealthiest African-American businesseswoman and wealthiest self-made woman in America at the time of her death in 1919 [1867-1919].

Walker made her fortune by developing and marketing a line of cosmetics and African-American hair care products for black women through the business she founded, Madam C. J. Walker Manufacturing Company.  She was born, one of six children, in a village in Louisiana, and moved North to develop her business.

Read more about the history of Madam Walker.

Call to Action: Profiling Successful Women Entrepreneurs and Business Owners. Is That You?

Here's an opportunity you won't want to miss!  I will be profiling successful women entrepreneurs and business owners on GoDaddy's blog starting this month through early 2020. Think of this as a marketing agency representing you for a one-off moment.

GoDaddy doesn’t just have hundreds or thousands of readers at their blog — they have millions. So this is a very good opportunity for a business owner to get great media coverage and increase their SEO rank at the same time.

If you or someone else you know would like to be profiled on the GoDaddy Garage site (https://www.godaddy.com/garage/) -- send me an email.  This opportunity is on a first-come, first-serve basis on who gets featured and there is a nominal charge involved. No competing firms will be featured under my pen. The first profile is due November 25th and that has already been filled. Take a look at some of my past articles for GoDaddy. My approach will be to have these profiles be similar to the one you see on Lifeway Foods CEO Julie Smolyansky.

Look forward to hearing from you with your interest.

This Billion Dollar Business Was Born Due to the Founder's Cellulite Problem

The Fastest-Growing Sector of American Entrepreneurship: Women

Over the past 50 years women have gone from owning 4.6% of all businesses to 40%, according to the American Express 2018 Report on the State of Women-Owned Businesses.  We may own a lot of businesses but we still struggle to get a loan when we need one.  Take Lisa Michele Chretien, CEO of Laguna Beach-based EventMover, a transportation logistics company that moves corporate assets for trade and auto shows, domestically and internationally.

Lisa needed a line of credit to grow her $3.5 million in annual revenue business, was looking for a loan of about three-quarters of a million dollars in credit, but instead, hit a wall.  She went to 25 lenders in Orange County and every single one said no.

See what she did and how she overcame a roadblock, one that persists for the fastest-growing sector of American entrepreneurship:  women.

Hint:  She finally got her line of credit, but only after her accountant approached a lender he had done business with for years.  As she tells it:  "I felt like I had traveled back in time, before 1988 and the passage of the Women’s Business Ownership Act — when women were required to have a male relative sign a business loan."

Make Time in Your Schedule for Fun

Corcoran Group founder Barbara Corcoran has seen many a business rise and fall. Her own success story is one of scrappiness and eternal drive.

Since selling her eponymous business for $66 million back in 2001, the bestselling author and speaker has made helping other entrepreneurs achieve their dreams her mission, both as a Shark [the Shark Tank show] and with her own firm, Forefront Venture Partners. She also still has a foot in the world of real estate, connecting homeowners with the best agents.

Entrepreneur Magazine staff writer Nina Zipkin had the opportunity to ask Barbara 20 questions -- from how she starts her day, to what's the best advice she ever took, to how to make time for fun in your schedule.

What Does An Entrepreneur at the Helm of a Successful Startup Look Like?

Hold on to your hats ladies!  Even though the wind isn't blowing, you will be blown away happily by the following notion.

Women who’ve embarked on new careers in their 40s, 50s and 60s are among some of the most successful entrepreneurs!

Yes, you read that right.  If you are thinking that you are too old to start a business, guess again.

Just the facts:

“Eighteen-hundred and 21 of you [women entrepreneurs] a day in the United States are building companies,” said Brooks (52.9 years young :-), referring to a 2018 study of business women commissioned by American Express.

She [Brooks] goes on to say:

"It [later stage entrepreneurship] just means that our life experiences have given us more depth, so not only can we be more successful at this age but we can also share with those who need to hear more perspective.”

Read on, power up and get going!

Access to Capital for Women and Entrepreneurs Is Important for Innovation, Economic Growth and Job Creation

22 female entrepreneurs from across the U.S. met in Washington D.C. last week at the Women’s Entrepreneurship Roundtable, hosted by the newly created bipartisan U.S. Senate Caucus on Entrepreneurship, Center for American Entrepreneurship.

"As a female entrepreneur [Tina Tran Neville], I find this extremely disheartening.  My startup, an online English language platform called Lana Learn, seeks to connect with the 2 billion people learning English globally, but with limited access to capital I cannot grow my company to meet demand."

Here's what else Neville had to say after attending the meeting:

While we have long way to go to support access to capital for women and entrepreneurs in general, I did walk away encouraged. I am encouraged by the creation of the U.S. Senate Caucus on Entrepreneurship and the engagement of the senators, staffers, and entrepreneurs in attendance. I am also encouraged by the work that the various organizations did to make the Women’s Entrepreneurship Roundtable a reality: The Center for American Entrepreneurship, The Kauffman Foundation, and startup ecosystems around the country like Create33.

Read more about why 22 female entrepreneurs met in Washington D.C.

"While we have long way to go to support access to capital for women and entrepreneurs in general, I did walk away encouraged." – Tina Tran Neville

What's Happening With Women-Owned Businesses?

Women are increasingly harnessing their entrepreneurial spirit and it is critical to encourage and support this behavior, eliminate obstacles, and facilitate growth of their businesses. Unlocking the potential of women-owned businesses represents a powerful opportunity for economic growth.  These are words to describe the state of women-owned businesses from American Express, Ventureneer and CoreWoman.

The 2018 State of Women-Owned Businesses report, commissioned and provided by American Express, examines the periods 2007, 2012, 2017 and 2018, looking at trends in the number of firms, employment, and revenue by various groupings.

This report focuses on women-owned businesses, which are defined as businesses that are at least 51% owned, operated, and controlled by one or more females. Over the past 46 years, women of all ages have become business owners in droves - from baby boomers and Gen Xers to millennials and younger generations.

Explore the report's findings.  See how you fit in on the grand scheme of things. Oh, and important detail:  the report was prepared for American Express by Ventureneer with the support of CoreWoman.

30-Seconds of Calm for Women Entrepreneurs Brought to You By Laurel J. Delaney

While I was out walking today, I captured this 'bird' moment. You, too, can create your own moment of calm -- every day.  Just remember what Albert Einstein said, "The monotony and solitude of a quiet life stimulates the creative mind."

Women Entrepreneurs Make Room to Read

Hello ladies and so happy you continue to read our posts here at the Escape From Corporate America blog.  For those who just joined us, last week we shared 5 fantastic podcasts to listen to in your spare time and this week we share 5 great books to read that offer wisdom, motivation and life-changing experience.

Have a happy Saturday and be back with you in a week! Meanwhile, get listening and reading :-)!  That's the only way to stretch yourself and grow your business.

Pressed For Time to Expand Your Learning? Try These 5 Podcasts

Our friend, colleague and queen of small business, Melinda Emerson, shares a great list of 5 podcasts you should listen to if you only have 30-45 minutes.

1. Marketing School
2. Real Money Talks
3. The $100 MBA Show
4. Eventual Millionaire (little longer – 45 minutes)
5. Online Marketing Made Easy (slightly longer – 30-45 minutes)

Melinda's complete article can be found here.

The Fearless Fund for Black Women Entrepreneurs

A $5 million venture capital fund to support startups created by women of color has been launched by Actress Keshia Knight Pulliam.  She has teamed with entrepreneur Arian Simone to make this happen.

“The Fearless fund is designed to change the narrative as it relates to funding allocated to women of color,” says Simone.

Read more about the venture capital fund for black women entrepreneurs.

Stuck in a 9-5 Job?

Kathryn Roberts is here to help if you’re feeling stuck in your 9-5 job and dreaming about living life on your own terms.

As the founder of Quest for $47, Roberts teaches women how to generate passive income to establish financial freedom and live abundantly without relying on a 9-5 job that may only cover your bare minimum income needs.

Sound too good to be true?  It isn't.  Read more about how to live a life filled with passion and abundance.

Books to Inspire Women Entrepreneurs

If you’re experiencing some kind of entrepreneurial struggle, odds are high that you aren’t alone.  These books below offer plenty of hard-won entrepreneurial advice or simply provide inspiration if you need to take action.

The Best Books for Women Entrepreneurs

Oh, and if you are growing leaps and bounds locally but want to expand globally, check out this book, it's mine :-).  

What's the Best Advice Given to You as a Female Entrepreneur?

Whether you give good advice or receive it, it's really the spirit of helping one another that matters.  In the article below, South African women entrepreneurs answer two key questions:

1. What was the best advice given to you as a woman entrepreneur and how did you action it?
2. What would you advise women entrepreneurs starting their journey now and in light of the current business climate?

Find out what they said here.

When You Win, You Must Express It Big Because You Earned It

Watch this amazing moment when entrepreneur Monique Ntumngia found out she won $100,000 for her work helping rural African communities.  Monique is a winner of Visa's Global Competition for Women Entrepreneurs.  

When you win, express it big because you earned it.  Let it all out -- that joy and happiness!

Have Big Dreams (Video)

Comfortable is Sexy

Two former Anthropologie buyers have created a lingerie store that celebrates all women.  The name of their company is Hidden Intimates and it operates under the mantra that "comfortable is sexy."  Agree?  I sure do.  You have to be who you are – and always, always be comfortable.

With a mission that focuses on telling stories instead of presenting a manufactured idea of beauty, Hidden Intimates channels the current thinking around undergarment fashion.

Read how two friends turned a dream into a reality but meanwhile, check this out:

But things are going well. Since launching three months ago, Hidden Intimates has sold about 50 pieces to people from all over North America, they said. One person ordered from Texas, and another from Canada. On trend, the most popular item is the “everyday lace bralette,” which has no wires and sells for $18. Each one gets shipped by hand from [Flo] Mcilwaine [co-founder's] house in Atlanta, where she still works a day job as a buyer for Home Depot.

Join Laurel Delaney in New York 7/18 to Learn How to Export Successfully in the Digital Age

The first in New York-based NEXCO's 2019 seminar series on what you need to know to sell your products in markets worldwide, this is where to start building your export sales strategy.

Lead presenter, Chicagoan Laurel Delaney, will discuss how to use the digital tools that level the field for small and mid-size businesses, launch and scale-up export sales, and avoid the 6 mistakes new exporters most often make.

Plan on joining in on the after-seminar reception for wine-tasting and networking with the NY metro exporting community.

To learn more and to register, visit here.

Happy 15-Year Anniversary to the Escape From Corporate America Blog!

©2019 Laurel J. Delaney.  All rights reserved.

For all of you who have been following our Escape From Corporate America (EFCA) adventures, you know it's been quite some time since we have been blogging -- some 15 years!  For the newcomers, can you believe it?  We can't because time flies when you are having fun, living your dream, and helping others live their dream too with starting a business.

We launched Escape From Corporate America officially on July 2, 2004 and since then, we have had more than 806,000 readers (not quite a million but we'll get there thanks to you).  We average about 10,000-15,000 readers a month now!  Take a look at our second post in 2004 talking about why EFCA was established.  It reads as follows:

This blog has been set up for businesswomen to voice their experiences working in Corporate America. Many women have expressed concern that Corporate America is actively pushing out its most talented women. Have you encountered something similar? What have you done about it?

Has the glass ceiling issue been a major reason for leaving your position? Are you thinking of striking out on your own to start your own business -- as a result of job dissatisfaction?

These are some of the kinds of issues that need to be openly discussed. If we do not challenge the system, no improvements will ever be made. Feel free to weigh-in with your comments. I look forward to hearing from you. Thanks!

So grab your tall glass filled with your favorite beverage and toast to the Escape From Corporate America blog:  "To many more blog posts about helping female entrepreneurs go from corporate America to starting their own business!"  And to you dear reader, I thank you for your readership and for starting a business.  Read on!