The U.S. Small Business Administration (SBA) created both the Woman-Owned Small Business (WOSB) and the Economically Disadvantaged Woman-Owned Small Business (EDWOSB) certification programs to provide women with access to federal grants and government contracts to help their businesses with financial growth. These programs offer women the opportunity to compete fairly on its … [Read more...]
Will the Next Stimulus Package be Enough to Help Women and Minority Owned Businesses?
On Monday July 27, 2020, the U.S. Senate Republicans proposed a new stimulus package for eligible Americans. The GOP proposal will be called the Health, Economic Assistance, Liability Protection and Schools Act (HEALS Act). Though the existing programs and pending proposals under the HEALS Act have been helpful to struggling small business owners, was there enough done by the … [Read more...]
Starting Your Own Business – What is the Hold Up?
“Women make me the most money.” This is the abbreviated headline from a March 22, 2018 CNBC article featuring an interview with millionaire investor and Shark Tank celebrity, Kevin O’Leary. I follow the Shark Tank show in moderate gusto, due to my significantly limited TV watching time. It's always an experience to see the "Shark" investors in their world, deciding with … [Read more...]
4 Low-Tech Action Steps to Implement When Starting a New Business
Business development and growth is a long-term project. The first thing a leader needs to remember when launching or growing a business is to embrace a healthy perspective and mindset. It’s all about how to use your time being productive rather than simply being busy. Being productive means that you tackled tasks that when completed, improved business in some way. Being busy … [Read more...]
5 Essential Habits to Be a Successful Woman Entrepreneur
To be a successful woman entrepreneur, you need to be more than just a good leader. You also need to be a good business person, and you need to be able to build a strong team. The list goes on and on, but at the heart of all of the things you should know to be a successful woman entrepreneur are some key habits. If you take the time to cultivate these habits, your business … [Read more...]
State of Women-Owned Small Businesses – Infographic
The number of women business owners increased by 18% in 2017. Today, 26% of business owners are women, and they tend to be younger than male business owners with 51% of women business owners under the age of 50 compared to 44% of male business owners. This data comes from a survey conducted by Guidant Financial of 2,600 small business owners and hopeful business owners. Among … [Read more...]
Why Women Have Thicker Skin – Insults and Stories
There has been a lot of news recently about how women have been treated by executives, investors, and management. This is why women have thicker skin! Women have thicker skin -- it's a fact! The sad part is as a female founder, I was not shocked at all but thankful that there were some brave women that got tired enough of it to speak out. This happens more often than you … [Read more...]
5 Telling Signs that You Need to Become an Entrepreneur
It took me years to start my journey of becoming an entrepreneur! There were a series of things that occurred that I didn't pay attention to until after I began to really take the idea of becoming an entrepreneur seriously. The reason for that was the same reason why so many others have not started their journeys as well. I wasn't listening. I was too busy complaining, … [Read more...]
3 Key Areas to Improve Your Business
The small percentage of entrepreneurs who succeed know this: If your business is going to succeed, you must focus on constant improvements. Small incremental changes in your business are the key to succeeding in business. Following are three key areas every business should focus on: 1. Customer Acquisition Getting new customers is tough for most businesses. Getting new … [Read more...]
Stop. Drop. Innovate. 3 Steps to Entrepreneurial Innovation
Yale University is teaching innovation. The Yale Entrepreneurial Institute launched programs that connect students with opportunities for social entrepreneurship. The discipline of innovation is not new - Adam Smith in his 1776 "The Wealth of Nations" posits the division of labor fuels innovation. What can you do as an entrepreneur to lead the charge and innovate within your … [Read more...]