In the silence of the night when everyone else has shut down and you are left with your decisions, that’s when you become an entrepreneur. Someone said to me once that to be an entrepreneur you have to have a spouse with a full-time job and while that anecdote is funny it’s also a bit sad. The very essence of an entrepreneur is a risk-taker, however unfair that risk is to the … [Read more...]
Marketing Your Company, Not You
As I stumble through this minefield of entrepreneurship, I have learned that there has to be a significant switch in your thinking. We start businesses for a variety of reasons, mostly because we are really good at something specific. What happens is that you quickly realize that you cannot be the person that runs the business and the person who does the work. There has to be … [Read more...]
Women-Owned Businesses Out-Perform National Average
Guest post by Elaine Love, owner of Results For Life LLC (learn more about the author at the end of the article) Women-owned businesses are among the leaders in job creation and revenue growth. Make no mistake, we’re not talking about fluffy industries; we’re talking about construction, transportation, accommodation and food, and wholesale. There are three repeated focus … [Read more...]
Small Business – Big Savings [Infographic]
Did you know that one in five dollars that your business earns goes towards paying your employees? Obviously, this is an expense you can’t avoid, but what are the other ways your business can save cash and grow? Making every penny count is the key to success for most businesses, and it's also one of the biggest challenges, especially for smaller companies where it could mean … [Read more...]
The Trouble with Talent
As entrepreneurs the thing is, we can see talent. The moment it walks in front of us, we know that this person has exactly what we are looking for. The problem with talent is that if the person has it, they inevitably want to use it. There is a fine line between being a person who requires little oversight and being a rogue employee who thinks they know everything. So how … [Read more...]
Statistics and Sound Bites from Women Business Leaders [Infographic]
Women make up 46.9% of the U.S. workforce, but 40% of of large public companies worldwide have no women on their board of directors. It's not surprising that women are starting their own businesses at 1.5 times the national average. According to a new infographic from UNC Kenan-Flagler Business School (shown below), 187 million women are currently starting or running their … [Read more...]
Women-Owned Businesses Employ More People Than Walmart and More
Did you know that women-owned businesses in the United States employ 40% more people than the top three employers (McDonald's, IBM, and Walmart) combined? That's just one of the statistics from the American Express OPEN State of Women-Owned Businesses Report. In total, 7.7 million people are employed by women-owned businesses in the United States, which is a 9% increase over … [Read more...]
The Importance of Women-Owned Business Certification
Post by Dr. Marsha Firestone, contributing Women On Business writer Earlier this month, the WPEO signed a Memorandum of Understanding (MOU) with the New Jersey Department of Treasury, Division of Minority and Women Business Development at the WPEO Breakthrough Breakfast. New Jersey State Treasurer, R. David Rousseau, co-signed the document with me, which allows women-owned … [Read more...]
Ready, Set, Revenue
What would it take for you to lead your business to $1m in earnings? According to one program for women entrepreneurs, a little healthy competition goes a long way. Nonprofit organization Count Me In provides everything a new business would need- from mentorship to microloans- as part of the Make Mine a Million $ Business M3 Race. … [Read more...]
National Women’s Business Council Appoints New Leader
Sandy Bartow has been named the new leader of The National Women's Business Council. In her new role, Sandy will act as advisor and counsel to the President of the United States, Congress and the U.S. Small Business Administration. The 15-member board of The National Women's Business Council that Sandy will lead consists of female business owners and their representatives … [Read more...]