When JC Penney introduced their new pricing plan, I had reservations about the long-term success. Apparently I was right on target with everyone else, so as the retail giant gears up to revise the strategy here is what fellow entrepreneurs can learn. A confusing strategy is a bad strategy Anything that requires multiple explanations should be … [Read more...]
Research Identifies Green Ceiling for Women Seeking IPO Investors
In a study conducted by the David Eccles School of Business, a male and female research team found that investors are less likely to back an IPO from a company led by a woman than a company led by a male. This is being referred to as the "Green Ceiling" in the investment world. In Skirting the Issues: Evidence of Gender Bias in IPO Prospectus Evaluators, the report authors … [Read more...]
What’s Your Worth?
Yesterday I had the good fortune to have lunch with an established mentor and the question floating around the table was 'how do you know your worth as a consultant'? I thought the answer rang true for any business owner and here’s what I got from the conversation. When you’re not sure of what you know, you charge for everything This is true for all industries, when you … [Read more...]
The 5 Friends Every Entrepreneur Needs
We entrepreneurs are an optimistic set; some would even say we have our head in the clouds. Some of us are cautious, some bean counters by nature and some of us are the dreamers. We are the people that can actually visualize the dream happening. With this near foolish optimism, there are 5 friends that every kind of entrepreneur should have. The Cheerleader This is the … [Read more...]
The Online Influence of Forbes’ Most Powerful Women
Forbes recently published its annual list of the 100 Most Powerful Women. The list includes leaders from the political, media, entertainment, non-profit, and business worlds, including U.S Secretary of State Hillary Clinton, PepsiCo Inc. Chairman and CEO Indra Nooyi, and entertainer Lady Gaga. It's safe to assume that these women have a great deal of influence in their … [Read more...]
FOX Business News Anchor Liz Claman Answers Questions from WomenOnBusiness.com
What's it like to be a female business news anchor? What's it like to interview Warren Buffet? What can women do to position themselves for success in male-dominated industries? These are just a few of the questions I asked FOX Business Network’s Liz Claman during a recent interview. Despite her grueling schedule, Liz took the time to provide insightful answers that I'm sure … [Read more...]
Why You Want Women on Your Team
Post by Jane K. Stimmler, contributing Women on Business writer Making a case for more female participation on Boards of Directors, executive groups, strategic committees, project task forces or, well, just about any group, just got a little easier. A recent research study described in June's Harvard Business Review submits that having a group comprised of more women will … [Read more...]
Another Women’s History Month is Here
Post by Jane K. Stimmler, contributing Women on Business writer March is National Women's History Month and it has me frustrated about the excruciatingly slow movement forward for women in leadership positions. While it's important to look back at the many brave and determined women who have made significant contributions in history - when I look at the here and now, I … [Read more...]
Corporate Exec or Entrepreneur – Which is Better?
Post by Jane K. Stimmler, contributing Women on Business writer If you are an entrepreneur, you’ve probably experienced the look of envy on the faces of people in the corporate workforce when they find out you run your own business. They are likely thinking things like “wow, if it’s a beautiful day, you can just take the afternoon off” or “you’re so lucky you don’t have … [Read more...]
Establishing Your Leadership – Part 2
Post by Jane K. Stimmler, contributing Women On Business writer Last week’s post began a conversation on women and leadership. I presented the first five of ten leadership qualities we discuss in the book Breaking Into the Boys’ Club 2009. This week, I list the first five leadership qualities and discuss the final five. Top Leadership Qualities From last week’s … [Read more...]