Monday, August 14, 2017

Baby Boomers and Millennials Should Unite

According to Taylor Brown for the Kauffman Entrepreneurs, "Baby boomers are micromanagers, work hard, do not understand technology, are stubborn and want to destroy the planet. Millennials are lazy, entitled, tech savvy, want to save the world and don't know how to communicate in person."

What's a business owner to do?
Although the generalizations of baby boomers and millennials vary, they do share one similar characteristic, they both share particular entrepreneurial characteristics. Millennials crave freedom and earning potential. Baby boomers have a desire to build something.
Why then don't baby boomers and millennials co-found together instead of focusing on their differences?

Read more ...

Monday, August 07, 2017

Support Women Entrepreneurs: Here's How

Supporting women entrepreneurs goes far beyond purchasing their goods and services, sharing expertise to help their businesses grow (e.g., through WPO chapter meetings), or attending the events that other women organize.

As Lisa Abeyta for Inc. Magazine goes on to say:
Those are actually the easy ways we can support women in business. The real challenge is continuing to support women when it requires that we hold them accountable for bad behavior or intercede when we see them making decisions that could damage their reputation or company.
If you care, read on ...

Monday, July 31, 2017

The Ultimate Secret to Success That Women Must Share

What do you get when you problem solve with a group of women entrepreneurs? Well I know just the organization that has the answer.  Keep reading.

Geri Stengel, contributor at Forbes, gives us a bird's eye view into what members of the Women Presidents’ Organization (WPO) found.
  • 77% of members do business with each other.
  • 67% of members’ businesses have grown since joining the group.
  • With growing businesses, 75% pay themselves over six figures annually.
“Entrepreneurs learn best from each other,” said Marsha Firestone, Ph.D., President of our WPO.  And that’s why you join a peer advisory group.

Learn more ...

Monday, July 24, 2017

Why You Need Food, Sleep and Exercise to Run a Successful Business

How many of you take care of yourself in a way that you are proud of?  Let's face it.  Most of us put our business first and everything else last, which is a recipe for disaster.

But whether it fits into your schedule or not, maintaining great health should come first, before our daily to-do’s, before our work. Why? As the article below says:
Because if we aren’t healthy, we can’t be successful, either—at home or at work.
Read more ...

Monday, July 17, 2017

How Do You Scale Your Culture?

In running a business, we all know its the little things that matter -- from acknowledging achievements to being unafraid of failure.  That's how you build an incredible culture.  It starts with values and works its way toward creating a framework for what's important when making decisions.

In the article below, scaling your culture is addressed along with how to be deliberate about it.

How to Scale Your Culture While Growing Your Company

Monday, July 10, 2017

Be Bold and Scale Big

Through the EY Entrepreneurial Winning Women™ program, the EY folks have gained a unique understanding of how to help women entrepreneurs succeed.  Its competition and executive leadership program identifies a select group of women entrepreneurs in the US and Canada whose businesses show real potential to scale — and then helps them do it.

In this article, they cover scaling big:  3 force multipliers for growth, which are contributing substantially to accelerated growth for women-led companies.

Monday, July 03, 2017

Are Small Business Tax Expenditures Operating as Congress Intended?

Research shows that policymakers and stakeholders have a blind spot when it comes to understanding how the tax code impacts women business owners and raises new questions about whether small business tax expenditures are operating as Congress intended.
This issue has a dramatic impact on the economy. The percentage of firms owned by women has soared from 4.6 percent in 1976—the first time the Census released a report on women’s business ownership—to 38 percent today. There are more than 11 million women-owned businesses with 9 million employees and they contribute $1.6 trillion to the economy.
As the article states, we need to know what in the tax code works for firms and what doesn’t.

Read more ...