Franchising is a great way to start a business without having to start from scratch. An established and reputable franchisor will help you with everything from operations, legal, and finance to marketing, sales, and human resources. Since many aspects of running a business might be outside of your expertise, franchising makes it a lot easier to become a business … [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...]
Entrepreneur Journey – Tips for Being Better Without Being Bitter
As a serial entrepreneur, I get the question a lot on how I got through not only one company but multiple. Did I have great mentors? Did I learn from someone? Did I learn in school? I think most entrepreneurs have different journeys of how they got to where they are today and what inspired them. What makes us all unique is we have our own stories, our own journeys, and our … [Read more...]
5 Critical Steps to Choose the Right Business Partner – Infographic
Choosing a business partner is a big decision -- really, really big. This is the person you'll work closely with for years to come if you're successful, but you won't have a chance of reaching your goals if you and your business partner are not the right match. As business partners, you'll be tied to each other. Decisions made by one partner will directly affect not just the … [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...]
3 Ways to Help Women Entrepreneurs to Success
Entrepreneurship is increasingly recognized as a real opportunity for women in the new economy and a driver of economic growth. Between 2002 and 2007, the number of women-owned businesses grew by 20%, whereas the growth in men-owned firms was 5.5%. Furthermore, the economic impact of women-owned businesses is just under $3 trillion annually in the United States, and creates 16% … [Read more...]