Archive for December, 2014

Due to Challenges in India, Women Become Entrepreneurs

ChennaiIndiaStreetLife

An all-women fish-pickle unit based in Chennai-India, operated and owned by Sea Dot, a self-help group of female fish workers whose communities were shattered by the tsunami of Dec. 26, 2004, has become a way to build back lives for the women’s families after the destruction of their houses and fishing boats.

Many of the women involved in Sea Dot have no other skills then to do what they are doing so the thought of losing their jobs is scary but not as frightening as what they have already been through with the tsunami.

What the women have learned in the course of rebuilding their lives is how to run a community business efficiently and become entrepreneurs:

In 2008, the women took charge of the unit, overseeing its official registration in the name of their self-help group and bar-coded to identify their products worldwide. They divided responsibilities for purchase of raw materials, managing accounts, marketing, maintenance, quality control and redress grievances.

There’s no turning back on thriving.  Read the entire article:  Women of the Tsunami Face Business Survival Test

Photo Credit: chicsnap_sp

Hello Government: Ease Red Tape for Women Entrepreneurs in Saudi Arabia

SaudiArabianWomen

According to Aisha Natu, who writes a weekly column in a local Saudi Arabia paper, current regulations and bureaucracy is hampering the development of businesses run by women in Saudi Arabia.  She says, “Women don’t only want to be seen, they want to actively participate and translate their aspirations into reality.”

About Aisha Natu:

She became the head of the board of directors for Eye to Eye Optics, a company that was started in 1990, and became one of the 27 fastest growing firms in Saudi Arabia. The company then split into three, which included optometry, training, and advertising and media.  She now runs the three companies, which has 100 employees.

Read the entire article:  Women investors seek support to fight red tape

Photo Credit: Mink

Posted by:  Laurel Delaney

Think Bigger About Your Global Potential

Changes are a coming for women.  More women are becoming entrepreneurs.  More women are expanding their businesses globally.  More women are thinking differently and bigger about their global potential.  More women are connecting with other women in different parts of the world to build their businesses.  And more women are living the life they want by choice.

… [a] study [published by The World Bank on Why Gender Matters] agrees, however, with everyone I spoke to about what women need, particularly globally, saying, “While the number of women operating their own business is increasing globally, women continue to face huge obstacles that stunt the growth of their businesses, such as lack of capital, strict social constraints, and limited time and skill.”

Read the entire article:  What Global Women Business Owners Need To Grow (a November 2013 article but still relevant)

Photo Credit: citirecruitment

Posted by:  Laurel Delaney

2014 Was the Break-out Year for Female Entrepreneurs

Why has Forbes referred to 2014 as the break-out year for female entrepreneurs? Reasons are aplenty:

For example, nearly 20 percent of early stage “angel” funding was invested in women-led businesses in 2012 – a growth of 40 percent from the previous year. The number of women-led businesses with more than $10 million in revenue increased 57 percent – significantly faster than the growth rate of $10 million-plus businesses overall.

As the article below says, “Supporting female entrepreneurship is not only the right thing to do – it’s the smart thing.”

Agree?  If you do, like this page and share like crazy!  Can’t wait for 2015 — the year female entrepreneurs SOAR globally!

Doing Better: NC a leader in supporting female entrepreneurs

Photo courtesy:  Flickr

Posted by:  Laurel Delaney


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