Archive for September, 2013

U.S. $1.5 Billion in Contracts for Women-Owned Businesses Worldwide

BillionAndHalfDollarsWEGG

A new initiative aims to change the fact that women-owned businesses around the world receive only a fraction of the money that large organizations spend each year on new business contracts.

A half-dozen of the big guys – from IBM to Coca-Cola to Wal-Mart – will award $1.5 billion in contracts to women-owned businesses between 2013 and 2018.

Let’s track it ladies so you can grow your businesses!

In addition to the funds, other large firms and nonprofits are pledging assistance in the form of training, mentoring and strategy development to help women business owners grow and compete more effectively, Elizabeth Vazquez, CEO and co-founder of WEConnect, a women-focused non-profit behind the initiative.

Read the entire article:  Global firms commit $1.5B for women-owned businesses

Photo courtesy:  epSos.de

Posted by:  Laurel Delaney

The Future is Bright for Female Entrepreneurs

ThaiWomen

The future is bright for female entrepreneurs, particularly Thai female entrepreneurs because they want to be successful and it is easier to export these days.  But it doesn’t come without obstacles:

But there are challenges because the AEC is coming, and I don’t think all of them are prepared*. I think competition will come. We can still do more internationally as Thai entrepreneurs, because even though a lot are exporting, not every business is international, and they’re not too innovative.

AEC stands for Asian Economic Community. Here’s a look at the member states of AEC. Competition will be fierce.

Another key quote from article:

I think the culture is a plus. If you look back in Thai history, women are heroes. For example, take the two heroines in Phuket [Thao Thepkrasattri and Thao Srisoonthorn, who successfully defended the island against a Burmese invasion in 1785].

Read the entire article:  Thai female entrepreneurship in spotlight in Phuket

*News:  This is a great time to let you know that the entire year I’ve been writing a new book on exporting to be published by Apress December 2013.  The book will equip you with the knowledge you need to market, sell, and fulfill orders internationally, taking full advantage of the Internet and the opportunities it creates. It also imparts a can-do spirit on exporting, leading to greater revenues, stability, and profitability for your business.  I can’t wait for you to read it!  Watch for more coming soon!

Photo courtesy:  timquijano

Posted by:  Laurel Delaney

Women Are Reshaping the World

WomenAreReshapingWorldWEGG

Is it merely a passing media fad on all the attention about women entrepreneurs?  Or is it a “real, fundamental economic force that’s reshaping the world?” say Jackie VanderBrug in “The Global Rise of Female Entrepreneurs” published by Harvard Business Review.

What do you think?

As the article states:

Women-owned entities in the formal sector represent approximately 37% of enterprises globally — a market worthy of attention by businesses and policy makers alike.

Read more here.

Note:  Jackie VanderBrug is a Sr. Vice President and Investment Strategist with U.S. Trust, Bank of America Private Wealth Management.

Photo courtesy:  Dell Inc.

Posted by:  Laurel Delaney

Okutani Heads Women’s World Banking Japan

JapaneseWomanWEGG

Kyoko Okutani leads the Women’s World Banking Japan and has helped more than 1,000 women start a business in male-dominated Japan.

How is she doing this?  She’s tapping into Japanese women’s desire for fulfillment in life and a greater need to create their own destinies.

Okutani, who became the leader of WWB Japan in 2005, attributes the recent interest in starting businesses to changing values in Japanese society and a shift in people’s perspective on life after the 2011 earthquake and tsunami in northeastern Japan, which left about 18,500 people missing or dead.

Women in Japan, by starting businesses, will help Japan’s economy in the long-run.

Read the entire article:  Kyoko Okutani Helps Women Start Businesses, Skirting Japan’s Gender Gap

Photo courtesy:  Roger H. Goun

Posted by:  Laurel Delaney


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