Monday, September 26, 2016

Why Diverse Teams Perform Better

According to Harvard Business Review, "diversity — both inherent (e.g., race, gender) and acquired (experience, cultural background) — is associated with business success."

Find out why.  Diverse Teams Feel Less Comfortable -- and That's Why They Perform Better

Monday, September 19, 2016

Follow Your Heart For Your Next (Ad)venture

Birchbox co-CEO Hayley Barna (pictured) decided to walk away from the influential beauty-subscription-box startup that she cofounded in 2010 (she remains on the company’s board).  Why? She says:
"I loved it, but it turned out the beauty industry is not my lifelong passion. It’s [exploring] innovative business models."
You never know where your next adventure will take you.  Follow your heart.

Read:  Birchbox Cofounder Hayley Barna On New Ventures, Glamping, and Her Filthy Fridge

Monday, September 12, 2016

13th Annual WPO Chicago Summit a HUGE Success

We were delighted to have the following speakers at our 13th Annual WPO Chicago Summit held on Thursday, September 8th and hosted by Foley & Lardner.
  • Paul Leinwand, PricewaterhouseCoopers Advisory
  • Sandy Marsico, Sandstorm Design
  • Joanna Sobran and Karen Burneister, MXOtech
This year's theme was Create a Winning Business Strategy and all speakers knocked it out of the park on substance and delivery.

Thank you to all who participated and until next year's Summit, keep growing!

Photo credit:  ©Laurel J. Delaney.  All rights reserved.

Monday, September 05, 2016

From Homelessness to Running a Multimillion Dollar Enterprise

For more than a year Arlan Hamilton (pictured) had been pursuing her dream of starting a venture capital fund focused on female, minority, and LGBT entrepreneurs. But she realized early on that it is tough to get a fund going when you don't have any money to invest.

For months, she'd been homeless, making ends meet in whatever away possible, when she finally got the oxygen she needed:
"I'm in," read the text from Susan Kimberlin, a tech veteran who made a name for herself at Salesforce and PayPal. Kimberlin was ready to bet on Hamilton to bring more diversity to tech--and her check was the lifeline Hamilton needed to get Backstage Capital up and running.
Read more:  How This Woman Went From Homelessness to Running a Multimillion-Dollar Capital Fund

Monday, August 29, 2016

More Women of Color Are Starting Businesses

It's time for all women to see themselves in a new light.  Consider the following:
For every 10 women-owned businesses launched since 2007, eight were started by women of color, according to the 2016 State of Women-Owned Businesses Report. In the past nine years, there’s been a 137% increase in Latina-owned businesses, a larger rise than that among any other demographic group in the U.S., the report found. (3.5 million women-owned businesses were founded during that period, according to the report, compared to 1.6 million firms owned by men.)
Read more:  Why More Women of Color Than Ever Are Starting Their Own Businesses

Monday, August 15, 2016

Reshaping the Contemporary Global Economy

The drive to produce more women-owned enterprises is not just to develop women from an economic perspective, but the bigger picture of reshaping the contemporary global economy. This is the case for South Africa.
“Women are underestimated powerhouses of an economy. This is not a fact that is relevant only to South Africa, but it is a global phenomenon. South Africa needs to not only build entrepreneurship, but to encourage and develop female business owners. 
WPO operates four vibrant chapters in South Africa managed by Anni Bodington (bottom) and Miranda Isaakidis (top).  We are well on the path of helping women business owners grow there.

Learn more:  Small Business Friday aims to produce more women-owned enterprises