Archive for the 'Inspiration' Category

Women Entrepreneurs: A Global Phenomenon

In recent years, the rate of women entrepreneurs has been growing at a percentage at least double that of their male counterparts. And as Elaine Pofeldt for CNBC says, “the Golden Age for women entrepreneurs has finally begun. The stars have aligned to help trigger the trend as robust ecosystems churn out enterprising females equipped with inspiration, know-how and funding.”  We could not agree more.

Ms. Pofeldt goes on to say that a microcosm of the trend is CNBC’S inaugural Upstart 25 list, where 10 of the company fledglings were founded by women in a host of industries — from neuroscience to finance to retail.

Meanwhile, in the 40 economies participating in the sweeping Global Entrepreneurship Monitor (GEM) survey in both 2011 and 2016, women’s entrepreneurship rates rose by 13 percent on average, while male rates increased by 5 percent, according to lead author Donna Kelley, a professor of entrepreneurship at Babson College, which prepares the report with Baruch College.  The growth has been very swift in recent years.

Learn more about why women entrepreneurs will be the economic force to reckon with in 2017 and in years to come.

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Note: Don’t miss our next WEGGinar™ 12/6/17 on “Harnessing the Power of Diversity and Inclusion:  Creating a Workplace that Works” and presented by Joselyn DiPetta, Google and Managing Partner at Present Possibility. Register here:
https://register.gotowebinar.com/register/1837790091765976835
Event is free of charge but you must register in advance to attend.
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Why Women-Owned and Women-Run Businesses Outperform

It’s a fact:  women-owned and women-led businesses perform better. And that’s why going global is such an appealing avenue of growth for women entrepreneurs and business owners.

Shark Tank’s Kevin O’Leary says:

O’Leary speculated that the women’s outperformance is due to more effective time-management skills and an aptitude for setting achievable quarterly goals. The women-run firms in his 44-company portfolio reach their goals 90% of the time, compared to 65% for men-run firms, he says. He believes these strengths lead to higher employee morale and better results.

Other strong possibilities on why women entrepreneurs perform better beyond pushing boundaries:

  • Smarter decision-making that follows from more diversity of thought; women challenge stale ways of thinking, re-examine facts, generate more innovation and sharpen performance.
  • Greater efficiency with money.
  • Taking more carefully calculated risks (forget the myth that women are risk-adverse!).
All these great characteristics can naturally lead women to expand their businesses internationally.  The qualities go hand in hand.

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Note: Don’t miss our next WEGGinar™ 9/6/17 on “How to Win the Trade Game With Export Finance,” and presented by Jeff Deiss, Regional Export Finance Manager, Northern California | International Trade Finance Manager-Western US US Small Business Administration – Office of International Trade | US Export Assistance Center (www.sba.gov/international).  Register here: https://register.gotowebinar.com/register/4753604763900421122.
Event is free of charge but you must register in advance to attend.
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Business Women of India, Their Perseverance is Priceless

Note: Don’t miss our next WEGGinar™ 9/6/17 on “How to Win the Trade Game With Export Finance,” and presented by Jeff Deiss, Regional Export Finance Manager, Northern California | International Trade Finance Manager-Western US US Small Business Administration – Office of International Trade | US Export Assistance Center (www.sba.gov/international).  Register here: https://register.gotowebinar.com/register/4753604763900421122.
Event is free of charge but you must register in advance to attend.
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Boss Daughter

bossdaughter

Women entrepreneurs worldwide are carving out a niche for themselves in unconventional businesses.  Take Aakanksha Bhargava.  She joined her father’s logistics business in 2007, and for the longest time, subordinates did not take her seriously.  Fast forward to 2017 and she is the undisputed boss.  Yes, the boss daughter, but still the boss, and over the last decade, she has helped grow the business exponentially.

“I worked hard to change the perception of the people as well as the fortunes of the company,” she said. Bhargava asserted there are no differences between a woman and a man when it comes to business.

And then there’s the founders of cow-based sustainable living company A2 Naturals, run by Shivali and Radhika Miglani and their mom.

“Extensive R&D into merging the traditional with the modern led to developing a range of cow-based, daily-use products,” said Radhika, adding that the quirkiness of her business is often frowned upon.

Pointers from the article:

  • The success of a woman lies in supporting other women
  • A mom can be the strongest pillar of support.
  • Take the plunge [business ownership] and you will see the miracles.
  • The hurdles [to starting a business] are just in the mind.
  • Always do what you feel you need to do.
  • There are no differences between a man and a woman when it comes to business.
  • There is nothing a woman can’t do.  Absolutely, it’s an open secret!
  • Being a woman [ global] entrepreneur makes me feel more in control of my life.
  • In our office, the smartest women surround me.

Read more here.

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next_up_3mar_2017_wegginarNote: Don’t miss our next WEGG webinar 3/8/17 on “Regulations, Conventions, and Battles of the Spirit: The International Trade of Craft Spirits,” and presented by Dr. Sonat Birnecker Hart, President and Co-founder of KOVAL Distillery. Register here:
https://attendee.gotowebinar.com/register/1699936616236520962.
Event is no charge but you must register in advance to attend.

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Executing an Idea You Strongly Believe In Globally

screen-shot-2016-12-04-at-11-39-13-am

It’s that time of year when you reflect on your accomplishments, celebrate your successes, and plan a path for the future.  One thing we all need as we delve into 2017 with our global dream is a healthy dose of inspiration. Hopefully, we are giving you a little of that here at WEGG but in case you need more, read the article below for stories about how women overcame challenges and grew their businesses beyond borders.

screen-shot-2016-12-04-at-11-41-02-amIn 2017, may you be globally ambitious!  We look forward to learning, growing and inspiring one another together in the new year.

Read more:  Women entrepreneurs whose stories inspired us in 2016

Screenshot:  Nadia Chauhan, Parle Agro, one of the women business owners featured in the article above.  That’s also a quote from her site.

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next_up_4jan_2017_wegginarNote: Don’t miss our next WEGG webinar 1/4/17 on “Laurel Delaney’s Global Trade Trends Report 2017,” and presented by Laurel Delaney, President of GlobeTrade.com, creator of The Global Small Business Blog, and President of Women Entrepreneurs GROW Global.  Register here: https://attendee.gotowebinar.com/register/4683006218535347459 Event is no charge but you must register in advance to attend.

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Talented Women Taking on the World of Mariachi

Mariachi is a folkloric tradition as macho as it is Mexican. Eight years ago (2008), Mireya Ramos and Shae Fiol sought to up-end convention and founded Mariachi Flor de Toloache, New York City’s first and only all-female mariachi band. With their bandmates Julie Acosta and Eunice Aparicio, the musicians traded in traditional mariachi skirts for homemade suits and created an empowering space for women while staying true to the music and spirit of mariachi.

In 2015, the group was nominated for 2015 Latin Grammy in Best Ranchera Album Category!

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Note: Don’t miss our next WEGG webinar 11/2 on “Introduction to Value Added Tax (VAT) When Doing Business Overseas,” and presented by Britta Eriksson, co-founder, president and CEO, Euro VAT Refund, Inc.  Register here: https://attendee.gotowebinar.com/register/6659176058705524994. Event is no charge but you must register in advance to attend.

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Against All Odds: How a 27-Year Old Grew a Company Into a Global Empire

againstalloddshowa27yearoldgrewacompanytobecomeaglobalempire

Perfect timing.  Considering the current political firestorm taking place between USA presidential candidates Trump and Clinton, here’s a different twist.  Julie Smolyansky (pictured), the C.E.O. of Lifeway Foods, recalls the moment that fueled her drive to prove critics wrong when her father suddenly had a heart attack and passed away in 2002.  At the time, Julie had been working with her father for five years.  Here’s the comment she received:

“There’s no way that a 27-year-old girl can run this company. That’s it. It’s done,” he [one of her late father’s friends] told her. The line galvanized Smolyansky. “That really fueled me and inspired me to prove him wrong. I found the courage to ignore him and to keep moving forward.”

Since then, revenue at Lifeway Foods has increased six-fold under Julie’s leadership and expanded across the United States and internationally. The global company now has a market capitalization of about $250 million.

Get inspired.  Read the full story:  How a Sexist Comment Drove One Female Entrepreneur to Build a $250 Million Empire

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Note: Don’t miss our next WEGG webinar 11/2 on “Introduction to Value Added Tax (VAT) When Doing Business Overseas,” and presented by Britta Eriksson, co-founder, president and CEO, Euro VAT Refund, Inc.  Register here: https://attendee.gotowebinar.com/register/6659176058705524994. Event is no charge but you must register in advance to attend.

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Women Inspiring Other Women and Opening Paths For Them

Kristelle Siarza, CEO, Siarza Social Digital

Kristelle Siarza, CEO, Siarza Social Digital

According to the U.S. Census Bureau 2012 survey of business owners, 39 percent of New Mexico businesses were women-owned and the top ones brought in over $362 million in revenue in 2015.  That percentage is expected to rise to a solid 40 percent in 2017.

Women have come a long way in the workplace, not just in leadership roles, but in the industries where jobs are available.

Find out who inspires them:  Women business owners talk about who inspires them

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Note: Don’t miss our next WEGG webinar 9/14 on “8 Critical Lessons to Ensure a Successful International Product Launch,” and presented by expert Alison Larson, founder of WorldBlazer Consulting. Register here: https://attendee.gotowebinar.com/register/4126297091592158468. Event is no charge but you must register in advance to attend.

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WEGG Mission

Our mission is to educate women business owners and entrepreneurs worldwide on how to go global so they can run healthier businesses and create a new future for themselves, their families and their community.

Women Entrepreneurs GROW Global is a 501(c)3 nonprofit organization. EIN/Tax ID #47-2956522.

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