From WPO Chicago, Let's Go 2025!

Peace.  Good health.  And joy.  May 2025 be filled with prosperity and phenomenal growth!  Best wishes from WPO Chicago.

Happy Holidays from WPO Chicago!

©2024 Laurel J. Delaney.  All rights reserved.

Happy Holidays From WPO Chicago II Chapter (12/12/24)

©2024 Laurel J. Delaney.  All rights reserved.

Happy Holidays from WPO Chicago I Chapter (12/5/24)

©2024 Laurel J, Delaney.  All rights reserved.

Outlook for Women Business Owners Is Optimistic in 2025

As 2025 approaches, entrepreneurs remain optimistic about growth despite economic uncertainties. According to EY’s Entrepreneur Ecosystem Barometer, many entrepreneurs who experienced strong revenue growth in 2024 anticipate a stronger market next year.

Business owners are pursuing growth even in uncertain times.

One Million People Joined in a Day: Bluesky Rises

©2024 Laurel J. Delaney.  All rights reserved.

In early November, 1 million people joined Bluesky in a single day. Now, a live counter shows over 20 million users as of earlier this week. With 10-11 people joining per second, the social media startup seems to have no limit. Here’s what to know about the social media platform scaling faster than anyone expected.

Many point to multiple factors, rather than a random rise in popularity, for the success of Bluesky. X has been dealing with mass exoduses, the largest of which involved 115,000 people who left after the election.

The surge has coincided with not only the election month, but also a change in the X user agreement that went into effect Nov. 15, which includes legal ramifications.

I [Laurel Delaney] am on Twitter but I have also setup an account at Bluesky.

What would you do if your business took off?  Are you ready? 

How Do You Know When You've Made It As a Business Owner?

While more and more women have been opening their own businesses, women entrepreneurs still face challenges when branching out on their own and moving up in professional settings.

Fast Company spoke with six women entrepreneurs who have created thriving small businesses. Some of these businesses add a dash of beauty to the world through flowers or jewelry, some offer joy with artisanal treats, and still others make life easier for new moms through the cutest kids PJs or functional breast pumps.

But they all have commonalities that began when the women first turned their passion projects into viable incomes. 

Here, they share the stories of founding their businesses—and the moments they knew they’d made it.  It boils down to:  What does success as an entrepreneur look like? 

Passion. Collaboration. Community.

Passion, collaboration and community are key to running a successful business. That’s according to a recent survey of women business leaders as part of PNC’s bi-annual Economic Outlook Survey.

“Women entrepreneurs are leading with passion for their business, confidence, and optimism for the future,” Peterson-Sheptak, head of Business Banking at PNC, said. “We need to make sure we have the resources and people to support their success.”

APCO's Margery Kraus Offers Top Strategies for Women Founders

Margery Kraus (pictured), a globally recognized master storyteller and communications innovator, is the founder and executive chairman of APCO, a global advisory and advocacy consultancy headquartered in Washington, D.C.  She is also the former WPO Board Chair.

She has deep expertise in providing strategic counsel on issue-based communication, crisis management, market entry and corporate reputation across diverse industry groups.

Margery founded APCO in 1984 and transformed it from a company with one small Washington office to a multinational consulting firm in major cities throughout the Americas, Europe, the Middle East, Africa and Asia.

Read the interview with Margery conducted by Vanessa Ogle at Medium.  Rich in detailing and incredible insights are shared.

From Succession Planning to Building a Leadership Factory

Leading a global organization in today’s fragmented world is difficult—perhaps more difficult than ever.  Difficult times demand great leaders.

Here’s an overview of traits and practices required to succeed as a leader today and a look at the factory model that can help aspiring managers ascend.

What to Do When You Have to Deal with a Toxic Employee?

We often talk about how difficult it can be when you have a toxic manager. At Fast Company, they've shared plenty of advice on how to handle a micromanager, or what to do when your boss is absent or neglects to give you important feedback.

But bosses, too, can face their own share of challenges navigating tricky relationships with people they manage. So what do you do when you have to deal with a toxic employee?

Read on.

Be There Fast, Be There First, and You Win. WRONG.

©2024 Laurel Delaney.  All rights reserved.

From thought leader Jim Collins:  "I recently [2000] met with the CEO of a hot Internet company who described his concept for competing on the Web: “It’s a big land rush,” he explained. “It’s all about being the first to build critical mass and create a brand name.” Then, in a bizarre twist, he admitted that his company’s Web site didn’t work all that well and that customers might be disappointed by their early experiences. “But it doesn’t matter,” he said. “The whole game is to stake out your territory.” His strategy hinged on one simplistic idea: be there fast, be there first, and you win."  

When Jim asked to explain what would protect his company from the inevitable assault by huge companies with deep pockets and vast preexisting customer sets, he said: “Inertia! Our competitive advantage is their inertia. By the time they wake up, the game will be over, and we will have won.”

WRONG.

Jim states:  "It doesn’t really matter who gets there first, so long as you figure out a way to produce a better solution, doggedly persist in bringing that solution to the world, and continually improve. And if you happen to have the misfortune of being first, of being the early leader in market share, then keep in mind that someone—right now—is learning from your mistakes."

Read the full article here for context and understanding.

What Happens When You Always Want to Look Perfect?

“I had this crazy idea,” says Kim Kardashian. “My stylist is always like, ‘Don’t wear a bra!’ and I’m just like, ‘I can’t.’ I want to feel comfortable and secure. What if one boob’s over here and I’m dancing, you know?” she said with a laugh. “I just always want to look perfect.”

Thus the creation of the Nipple Bra, which the company released alongside a campy faux-educational climate video starring Kardashian, and a pledge that a one-time donation of 10 percent of sales would go to the charitable network One Percent for the Planet. The then $62 bra went viral and sold out in less than a month.

This is how you come up with an idea and launch.  Mind you we are not Kim Kardashian but we can still come up with great ideas and execute them.  Why just look at all the successful WPO members!

Read the entire article here.

Ensure Your Team Can Meet Challenges Head On

How do you ensure your team is prepared to meet challenges head on or even before they happen?

Here are four lessons leaders can take to guide their teams when disaster strikes.

How to Create Value Consciously For All Your Different Stakeholders

Whole Foods founder John Mackey said Whole Foods should have died in its first year due to a once in a hundred-year flood at his first store, and he didn’t have the words for it back then, but now he does: the stakeholders saved him. His customers, his team members, his suppliers, his investors, the bank, the community that he was a part of didn’t let him die.

He goes on to say, "I realized that we were an interdependent network of relationships. And they cared about us. They didn’t want us to die. It changed Whole Foods forever, because from that point onward, we began to take seriously each one of these different relationships and to try to do right by them, to create value consciously for all these different stakeholders."

Read the full interview here.

Super Success: 21st Annual WPO Chicago Summit 2024!

21st Annual WPO Chicago Summit 2024

WPO Chicago chapter members had a wonderful time networking and learning about what it takes to scale a a business, "Hyper Growth:  The 5 Phases to Scale Your Revenue, Profits and Team," from keynote speaker and CEO Allison Maslan (pictured in front row/center).

Allison Maslan, CEO of Pinnacle Global Network (https://pinnacleglobalnetwork.com), was recently named “One of the 10 Women Entrepreneurs to watch in 2023”, by Forbes Magazine. She is the Wall Street Journal Best Selling Author of, Scale or Fail, which is endorsed by Daymond John and Barbara Corcoran of Shark Tank. Allison’s built 10 successful companies over the last 40 years.

Here's what we learned from Allison:

Scaling doesn't come from working harder. It comes from thinking and acting strategically. 

If you, the CEO, are still rescuing projects, deadlines and micro-managing team members while chasing after clients, you are not going to be able to scale. Instead, you are choking the growth of your company.

It is critical that you become 'un-required' in your business and build a team-managed company that can flourish without you there. It is also important that you expand to a more scalable model that can multiply your impact, profits, and the number of people you serve.

In addition, she showed us:

• What Scaling Phase your Company is in right now and what needs to happen to elevate to the next level
• How to Hire for Growth so that each team member more than pays for themself
• How to Build a Team-Managed Company that can flourish without you in the day-to-day
• 15 Scalable Models that the most successful companies utilize to multiply their growth

I'd like to thank Foley & Lardner for hosting us – especially the extra assistance from Partners Lauren Loew (and Ellen Wheeler) along with their assistants Lorri Kilavos (and Cynthia Bailey).

Our Steering Committee members get a big shout out for their help:

1. Kim Robinson, President, FrontlineCo (Chicago I)
2. Angel Li, Founder & CEO, RISE Education (Chicago I)
3. Margo Jacquot, Chief Care Officer & Owner, the Juniper Center (Chicago II)
4. Nasutsa Mabwa, President, ServiceMaster by Simons (Chicago II)
5. Lauren Loew, Partner, Foley & Lardner (Chicago II chapter member)
6. Laurel Delaney, President, Women Entrepreneurs Grow Global (Chapter Chair)

Huge thank you to Allison for sharing her experience with us.

Gratitude to all for achieving a super success at our 21st Annual WPO Chicago Summit 2024!  A few photos can be found here.

Becoming Acquainted With Angel Li, Founder of RISE Education and WPO Chicago I Chapter Member

Discover how Angel Li (pictured), founder of RISE Education and WPO Chicago I chapter member came up with the idea for her business, how she manages her team, what resources have helped her prosper, and more.

Read the entire interview at Canvas Rebel.

21st Annual WPO Chicago Summit 9/12/24

As Jim Collins Says, "Begin With Who, Not What"

©2024 Laurel J. Delaney.  All rights reserved.

According to thought leader Jim Collins (pictured), "good-to-great leaders understood three simple truths. First, if you begin with “who,” rather than “what,” you can more easily adapt to a changing world. If people join the bus primarily because of where it is going, what happens if you get ten miles down the road and you need to change direction? 

Jim is all about getting the right people on the bus (and the wrong people off the bus).  Read on to learn the other two simple truths.

How Women Presidents Are Using and Leveraging Artificial Intelligence (AI)

AI is emerging as a powerful tool to level the playing field for women entrepreneurs. From enabling informed decisions to streamlining business operations, AI is proving to be a game-changer for women entrepreneurs in terms of running and growing their businesses.

AI has the potential to disrupt barriers and open up new pathways to success. Women business owners can use AI-powered tools to save time and money, an invaluable commodity when juggling a business and family life.  

Read the entire article on how women business owners and women Presidents, like WPO members, are using artificial intelligence (AI).