Monday, July 01, 2024

WPO Chicago I Member Denise Press Featured in Fox Business

A recent study done by Morning Consult for Visa that surveyed small business decision-makers found that just 52% of U.S. small businesses have adopted AI in their operations, while about half of non-adopters are planning to follow suit within the next two years. Of those that have implemented AI, 85% say their use of AI has increased compared to a year ago.

"There is a recognition that AI and the advancement of technology is important in small business," Denise Press (pictured), Visa's head of small business for North America, told FOX Business in an interview. "There was an equal weight of, 'I don't know how to get started' and not knowing how to get started and not being experts in AI and/or new technology."

Read full story here.

Monday, June 24, 2024

Quit Micromanaging Your Talent Instead of Trusting Them

If you learn one thing from Anne Mahlum’s eight-figure success with Solidcore, make it this: Your relationship with money could be holding back your business. If you have a scarcity mindset rather than trusting yourself to go out and make more funds when you need them, it’s going to be hard for you to scale up as an entrepreneur. Also, if you’re micromanaging your talent instead of trusting them, you’re wasting your time.

“Think about how you were spending your time six months ago,” Mahlum says. “If you’re trying to scale and you’re spending your time the exact same way, something’s wrong. You’re never going to get there.” 

Monday, June 17, 2024

Honoring WPO Chicago Member Ellen Wheeler, Partner at Foley & Lardner

WPO Chicago member Ellen Wheeler (pictured) has been nationally ranked in the 2024 edition of Chambers USA for her work as a derivatives enforcement attorney.  Ellen is a Partner at Foley & Lardner

Ellen says, "I’m especially thankful and grateful for the wonderful clients I’m honored to serve and support. Additionally, congratulations to my colleagues who also earned recognition from Chambers this year."

On behalf of the entire Women Presidents Organization, we congratulate Ellen for this prestigious honor.  We are so proud of her!  

Monday, May 20, 2024

Thought Leader Jim Collins Presents at the Women Presidents Organization Entrepreneurial Excellence Forum (EEF) in Colorado Springs

©2024 Laurel J. Delaney.  All rights reserved.
What a privilege to attend the Women Presidents Organization Entrepreneurial Excellence Forum (EEF) in Colorado Springs, Colorado.
I spent quality time with my Chicago members, listened to several amazing presentations, including one by thought leader Jim Collins (pictured), and connected with more than 700 women business owners who all aspire tremendous growth for their companies.
Our WPO CEO, Camille Burns, sums everything up nicely:
"As I head home from Colorado Springs, I’m reflecting on all the inspiring and extraordinary women who attended the #2024EEF. The collective energy, brilliance, and strength of these women from around the globe is truly unparalleled. Here's to the continued success and global impact of women business owners!"
Hear, hear!

Monday, May 06, 2024

How to Fund An Acquisition

How are you going to actually pay for a business acquisition? According to Josh Tolley, from his new book Acquisitional Wealth, there are really two elements to this question: 
  1. How are you going to come up with the down payment?
  2. How are you going to repay the monthly loan payment?
Step one is answering the first question. If you cannot answer where the down payment is coming from, then the second question becomes irrelevant.  Learn what else Tolley has to say here.

Monday, April 29, 2024

Create Value and Lasting Momentum Through Generative AI (GenAI)

The huge potential for disruption promised by the latest iterations of generative AI (GenAI) has sent shockwaves across industries. In PwC’s 27th Annual Global CEO Survey, published earlier this year, 70% of CEOs said they expected GenAI to significantly change the way their company creates, delivers, and captures value in the next three years. 

More than two-thirds of the surveyed CEOs who had already implemented some form of GenAI in their organization reported having changed their broader technology strategies as a result. 

Have you?

Monday, April 22, 2024

Do You Care If Your Email Was Written by AI?

AI can be a time-saver for those who struggle with writing. But there are telltale signs that AI was used—and some serious risks, as well.

Should you use it—and can the recipient tell if you’ve relied on a bot to do your writing for you?  Here are 4 signs your email was written by AI (requires subscription).

Monday, April 15, 2024

Find Your Own Path to an Extraordinary Life

Texas native Helene Sula shares her global adventures as the voice behind her eponymous blog and social media accounts, Helene in Between – with 566,000 Instagram followers and counting

She has shared culture shocks she’s experienced living abroad, not once, but twice. Her love for Christmas markets is contagious, with posts featuring steamy drinks and indulgent dishes oozing with cheese adding to her platform’s appeal. 

Is she a WPO member?  Don't know.  Could she be?  Will check. Meanwhile, check out her story, which includes a new book that encourages readers to find their own path to an extraordinary life.  Who doesn't want to achieve that?

Monday, April 08, 2024

You've Got This: Business Owners Have Monday's (4/8/24) Solar Eclipse Pathway Covered

Business owners within the 70-mile-wide swath of total darkness during the April 8, 2024 total solar eclipse are renting whatever rooms, cars, or anything else they still have left.  That said, owners of hotels, motels, bed and breakfasts, and any other type of lodging establishment are ready.
At this point, anyone in the path of totality without a place to stay ahead of the event should probably forget about it. Last-minute eclipse chasers will have to open their wallets wide, as prices for rooms have really lit up across Monday's trail of darkness.
It's going to be unbelievable.  Best places to see the eclipse in Chicago can be found here.  Be safe and enjoy the moment.

Monday, April 01, 2024

Why the World Needs Women Entrepreneurs

Women entrepreneurship needs to be addressed – because the preconditions might be different depending on the person’s gender – and for two main reasons, clearly identified by the OECD in its work about entrepreneurship promotion. 

The first reason is that, despite lower participation rates in entrepreneurship than men, women entrepreneurs are an important untapped source of economic growth. They create new jobs for themselves and others. And by being different they also provide society with different solutions to management, organization and business problems as well as to the exploitation of entrepreneurial opportunities. 

The second reason is that the topic of women entrepreneurship has been largely neglected both in society in general and in the social sciences. 

Women are faced with specific obstacles that have to be overcome in order to give them access to the same opportunities as men.

Monday, March 25, 2024

Why Businesses Need More Women at the Top

WPO members are already at the top by running their own businesses.  But let's take a look at gender imbalances in the corporate world.

Women are better educated and more active in the labour force than ever, and are increasingly working in managerial roles. Yet despite these gains, their representation in top positions in business still lags behind that of men.

Explore this InfoStory to find out why gender balance at all levels of business is better for companies and economies as a whole.

Sunday, March 17, 2024

Happy St. Patrick's Day 2024 from WPO Chicago

©2024 Laurel J. Delaney.  All rights reserved.
“We Irish prefer embroideries to plain cloth. To us Irish, memory is a canvas—stretched, primed, and ready for painting on. We love the "story" part of the word "history," and we love it trimmed out with color and drama, ribbons and bows. Listen to our tunes, observe a Celtic scroll: we always decorate our essence.” ― Frank Delaney, Irish novelist, journalist, and broadcaster.

Monday, March 11, 2024

Where Are the Top Countries for Women Business Owners?

On a global level, the top three countries for female entrepreneurship include the United States, Australia and Canada. 

According to Business News Daily, the top five best places for women-owned businesses include:

  1. Sante Fe, New Mexico
  2. Boulder, Colorado
  3. Monroe, Michigan
  4. Racine, Wisconcin
  5. Ocean City, New Jersey

But let' back up a bit.  Before there was Oprah, Ariana Huffington, and Sheryl Sandberg, there was Sarah Breedlove. Sarah – better known as Madam C.J. Walker – was the first woman entrepreneur in history.

This Women’s History Month, Grasshopper took a look back at her accomplishments and other women who have shaped the business world for women today.

Monday, March 04, 2024

Celebrating Women’s Diverse Contributions to Society

Founded in 1996, the National Women’s History Museum (NWHM) is an innovative museum dedicated to uncovering, interpreting, and celebrating women’s diverse contributions to society. 

A renowned leader in women’s history education, the Museum brings to life the countless untold stories of women throughout history, and serves as a space for all to inspire, experience, collaborate, and amplify women’s impact—past, present, and future. 

NWHM strives to fundamentally change the way women and girls see their potential and power.

Monday, February 26, 2024

Women Entrepreneurs Are At the Cutting Edge of Change and Development

This year has been a testament to the remarkable resilience and innovative spirit of entrepreneurs, especially women, who are at the cutting edge of change and development across various industries.  Why just look at all the amazing Women Presidents Organization members!  

Female entrepreneurs stand as beacons of progress, seamlessly blending technological innovation with impactful social change and economic growth. 

They come from a myriad of backgrounds, each bringing their unique perspectives and bold ideas to the forefront. Their unwavering dedication and visionary approaches are not just shaping their respective fields but are also paving the way for the future of entrepreneurship.  

Here are a few to watch in 2024.

Monday, February 19, 2024

Happy Presidents' Day from WPO Chicago!

"I want in all cases to do right, and most particularly so, in all cases with women." – Abraham Lincoln, August 16, 1837

Monday, February 12, 2024

Leveraging the Year of the Dragon 2024 for Your Business

More brands are finding ways to celebrate the Chinese New Year – and Asian American business owners say that's a good thing. 

In the U.S., Asian Americans are forging their own traditions for the holiday, and many people who don't have Asian heritage are also getting in on the festivities, going out for dumplings or finding reasons to celebrate Asian culture during the coldest months of the year.

Big brands are catching on, too: Johnnie Walker, Xbox, and Target are among the many that are running prominent promotions. Gardena, California-based Ruggable has been running Instagram ads with a dragon-motif rug that's a "festive blend of ancient history and modern washability."

What are you doing to leverage the strength and power of the Chinese Dragon in 2024? 

Learn more here.

Meanwhile, WPO Chicago wishes you happiness, good luck and prosperity in the New Year of the Wood Dragon 2024.

Monday, February 05, 2024

February is Black History Month

The Library of Congress, National Archives and Records Administration, National Endowment for the Humanities, National Gallery of Art, National Park Service, Smithsonian Institution and United States Holocaust Memorial Museum join in paying tribute to the generations of African Americans who struggled with adversity to achieve full citizenship in American society.

Monday, January 29, 2024

Chicago Member Nida Khan's Firm Arya Consulting Partners Celebrates 5th Anniversary!

WPO Chicago member Nida Khan and her team mark a significant milestone for Arya Consulting Partners (ACP) as they celebrate their 5th anniversary.  Nida is the founder and president of ACP. 

"I am filled with immense pride and gratitude, and I want to take a moment to acknowledge those who have been instrumental in our journey," says Nida Khan.

Her entire acknowledgement can be found here.

At the Women Presidents Organization, especially in Chicago, we salute Nida for her exceptional leadership at ACP.  

Congrats and to many more years of growth!

Monday, January 22, 2024

2024 Wells Fargo Impact of Women-Owned Business Report

Women-owned businesses continue to fuel the economy, representing 39.1% of all businesses – over 14 million – employing 12.2 million workers, and generating $2.7 trillion in revenue. 

According to the 2024 Wells Fargo Impact of Women-Owned Business Report, in partnership with Ventureneer, CoreWoman, and Women Impacting Public Policy (WIPP), the number of women-owned businesses between 2019 and 2023 increased at nearly double the rate of those owned by men; and from 2022 to 2023, the rate of growth increased to 4.5 times.

Access the report here.

Tuesday, January 16, 2024

Member of the Moment: Chicagoan Sandy Marsico

So thrilled to see our WPO Chicago member Sandy Marsico, Founder and CEO, Sandstorm Design, featured as the Member of the Moment at the Women Presidents Organization.

She is not only a member of WPO but serves on the WPO Board of Directors, too.  She is a rock star.  

Learn more about Sandy here.

Monday, January 08, 2024

IT Resolutions for 2024

CIOs share 13 of their objectives to shape IT outcomes in the year ahead, from building better business alignment to transforming IT into a business catalyst.

And yes, AI is one of them:  Answer those persistent questions about AI – how do you handle its adoption, governance, education about it to employees.

Monday, December 18, 2023

We Applaud You Susan Diamond! Thank You For Your Service to WPO.

After 17 remarkable years of dedicated service, Susan Diamond, our esteemed colleague and friend, will be retiring from her role as VP and Chief Learning Officer at the Women Presidents Organization.

As WPO CEO Camille Burns writes:

Susan joined WPO when we had just 35 chairs and has been instrumental in our growth to over 100 today. Her commitment and passion have been the driving forces behind our success, bringing invaluable speakers and content to enrich our community.

Her contributions to WPO are immeasurable. Susan has not just been an employee—she has been a cornerstone of our organization, a mentor to many, and a friend to all. We would not be where we are today without her vision, dedication, and unwavering support.


With that said, we applaud Susan Diamond (left) for her service to WPO and look forward to staying in touch with her as she unveils a new chapter in her life. 

Hugs from all of us at WPO, especially from your Chicago fans.

Monday, December 11, 2023

Hit the Pause Button

The holiday dinner table is glowing and stacked with your homemade favorites. Your family members are feasting and chatting happily when your uncle brings up his extreme views on a presidential candidate. Everyone gets quiet and you can see the discomfort on people’s faces.

What do you do?  Turn the conversation to how your business is humming along or hit the pause button?

Learn the four steps to avoid drama at the dinner table during the holidays.  Spoiler alert:  Yes, one is hit the pause button.

Monday, December 04, 2023

Award Winning Valarie King Bailey

WPO Chicago member Valarie King Bailey, Founder and CEO of OnShore Technology Group, has earned the distinct honor of being one of the inaugural Chicago Titan 100 honorees.  We love her choice of accessories:  the prestigious WPO pin!

Congrats Valarie.  WPO and your Chicago sisters are so very proud of you.  Keep up your amazing work.  We notice every bit of it.

Monday, November 27, 2023

Women Supporting Women Will Be Significant Moving Forward

“While we may be fixing things at the top, the issue of gender parity is still pervasive. There’s no better time than now for us to push ourselves forward as advocates for one another,” said Ng Lai Yee, managing partner and country leader of IBM Consulting, Singapore. “I think women supporting women will be significant moving forward.”  Similar to how WPO operates.

Women today are breaking through the glass ceiling. More women are entering the boardroom and joining the C-suite. But these hard-won achievements may not last without a healthy pipeline of mid-level leadership, according to a Women in Leadership report by the IBM Institute for Business Value.

Monday, November 20, 2023

This Woman Invests in Other Women Founders

Joanne Wilson has invested in more than 150 companies focusing on women and Black and Brown founders. Now, the face of Gotham Gal Ventures is turning the spotlight on herself to challenge the cannabis industry and create an entirely new retail category.

Read more how this angel investor, serial entrepreneur and passionate team builder leveraged her track record of investing in hundreds of startups to become a business owner herself.  

Monday, November 13, 2023

7 Successful American Women Entrepreneurs

Long before Martha and Oprah, as far back as the late colonial era, these successful business women were breaking glass ceilings.

As all WPO members know, starting a new business has rarely been an easy endeavor. But throughout much of American history, female entrepreneurs faced especially daunting obstacles. They couldn’t open bank accounts in their own names, obtain a loan—or even vote. 

Still, some tapped family connections, sussed out unique business opportunities and beat the considerable odds. The businesses these women launched—some of which survived for a century or longer—turned their founders into role models for more contemporary American moguls like Oprah Winfrey and Martha Stewart.

Read on to discover the seven (7) trailblazing American women entrepreneurs.

Monday, November 06, 2023

Labeling for AI-Created Work

AI will play a role in every creative tool used to make content, and the "AI-generated" label that everyone is talking about will cease to have any meaning.

What's happening: Legislators, regulators and ethicists are going all in on requiring labeling for AI-created work — but as AI use becomes more of a human-machine collaboration, labeling will lose its coherence and meaning.

Discover what's driving this news.

Monday, October 30, 2023

$674 Billion

According to Babson College, $674 billion is how much money franchising generates every year in the United States.

As a way of doing business, it is effective, enduring, and lucrative, and evidence of its success can be seen far and wide. Take a drive just about anywhere, and myriad franchises that are household names dot the landscape.

Are you running a franchise business?  Discover what the future of franchising has in mind for you.

Monday, October 23, 2023

What Can Feeling Lazy Tell Us?

You're well-rested, well-hydrated, in your peak hours and still having trouble getting motivated. Does that make you lazy?  Not quite.

Should you hire lazy people to do hard jobs?  Sounds counter-intuitive, right?

Shift your focus and learn more.

Monday, October 16, 2023

Don't Skimp on Office Products and Services

Businesses have had an eye on improving products meant to help make life as a business owner much easier, whether you are overseeing thousands of employees or decorating your own cubicle. 

Small business owners especially might skimp on office products and services to save money—but what if those purchases themselves end up saving you money? And then there are those nice-to-haves that might give you a mood boost on a dreary work day.

Here’s what products and services to look into at your next budget meeting to give your space and processes a pick-me-up.

Monday, October 02, 2023

Building Systems with ChatGPT API

For those who are interested in learning more about building systems with ChatGPT API, you can take a short course with Stanford Adjunct Professor Andrew Ng, who is also the founder of DeepLearning.AI.

To learn more and to register, visit Coursera.

Full bio on Ng:

Andrew Ng is Founder of DeepLearning.AI, General Partner at AI Fund, Chairman and Co-Founder of Coursera, and an Adjunct Professor at Stanford University. As a pioneer both in machine learning and online education, Dr. Ng has changed countless lives through his work in AI, authoring or co-authoring over 100 research papers in machine learning, robotics, and related fields. Previously, he was chief scientist at Baidu, the founding lead of the Google Brain team, and the co-founder of Coursera – the world's largest MOOC platform. Dr. Ng now focuses his time primarily on his entrepreneurial ventures, looking for the best ways to accelerate responsible AI practices in the larger global economy.