How Women Business Owners Grow Their Businesses

Many women business owners never think their business will become a million dollar company.

“I never really thought I would be,” confessed Kahn, whose company [North Shore Children's Therapies] achieved that milestone in 2017. “I am more on a passion driven mission to helping kids and I don’t think that, for me, there is any sort of number to get to with that.”

Learn what other business owners said about running a million dollar company.   Oh, and an interesting fact:  the fastest growing businesses are run by women and people of color.

Product-based business? Service-based business? Try experience-based business.

Most of us know the difference between a product and a service-based business.  But what about an experience-based business?  What's that about?  Think of producing a product or providing a service but making it memorable.  Got it?

In a 1998 Harvard Business Review article, “Welcome to the Experience Economy,” authors B. Joseph Pine and James H. Gil­more identified experiences as an entirely distinct economic category. “An experience is not an amorphous construct; it is as real an offering as any service, good, or commodity,” they wrote.

According to a McKinsey study of U.S. Bureau of Economic Analysis data, experience-related spending in recent years grew more than four times faster than spending on goods.

Find out why and what this means for your business.

Raise Your Game in 2020 By Reading Business Books!

©2019 Laurel J. Delaney.  All rights reserved.

At strategy+business, they "believe one way to stand a little higher than your peers is to spend some time mining insights from the large number of business books that are published each year. Whether they are distillations of theory or detailed playbooks, heavily documented historical investigations or futuristic manifestos, a stack of good books (or a queue of e-books on your reader) can provide a boost."  They go on to say, "Reading tests your priorities and exposes you to new ideas. And, because business books in particular tend to focus on best practices and phenomenal success stories, they spur us to think about how we can raise our game."

Here's to great reads and raising your game in 2020!

Best Advice for Overcoming Failure (Video)

Holly Whitaker, founder of online recovery school Tempest, and Kate Ryder, founder of health care company Maven, share their advice on what helped them succeed through failure, self-doubt, and countless business challenges.

Watch video.