Archive for the 'Mentoring (Peer to peer)' Category

The Story of Happy Beginnings: Women Entrepreneurs

In this post we focus on:  Why women don’t see themselves as entrepreneurs; five challenges faced by women entrepreneurs; gender differences in perceptions and propensity to start a business; and, diversity in innovation.  It’s really a story of happy beginnings about and for women entrepreneurs.  Read on.

1. Why women Don’t See Themselves as Entrepreneurs (The New York Times)

This article addresses why don’t more women become entrepreneurs?

Key point at the end:

She [Sheila Lirio Marcelo, the founder of Care.com] also advised women to develop thicker skin. “Men tend to shake off rejection more quickly than women,” she said, “but it’s absolutely true that entrepreneurs are made or broken by how they bounce back from adversity.”

2. Empowering Equality:  5 Challenges Faced by Women Entrepreneurs

This article focuses on what holds women entrepreneurs back? Why are women-owned firms less likely to also be growth-oriented firms?

3. Seeing the World with Different Eyes:  Gender Differences in Perceptions and the Propensity to Start a Business

Across countries, women own significantly fewer businesses than do men. The authors in this paper show that this is due primarily to the fact that “the propensity to start businesses of women is significantly lower than that of men. The lower propensity of women, in turn, appears to be highly correlated to women’s lower average levels of optimism and self-confidence, and higher fear of failure.”

4. Diversity in Innovation – Working Paper (Harvard Business School)

In this paper, the authors document the patterns of labor market participation by women and ethnic minorities in venture capital firms and as founders of venture capital-backed startups.

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Note: Don’t miss our next WEGG webinar 7/12/17 on “How to Finance Your Exports,” and presented by Xiomara Creque-Bromberg, Export Finance Manager, Minority and Women Owned Business & Multiplier Outreach Division, Office of Small Business, Export-Import Bank of the United States.  Register here: https://register.gotowebinar.com/register/4467897765873413377.
Event is no charge but you must register in advance to attend.

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Giving Wings to Female Entrepreneurs

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Dr. Agnieszka Klucznik-Törő (pictured), founder and general manager of the International Center for Entrepreneurship (ICE), says:

In the past two decades, female entrepreneurs have accounted for around a third of all businesses in the UK, 26% in France and 37% all businesses in the USA. Yet, women constitute of 52% of the total population in Europe.

Recognizing these challenges, WINGS, the European Network of Female Entrepreneurs, was launched to take action and offer support.  The platform is available in nine European languages, reaches out to users in 24 countries, and has nearly 22 000 visitors.

Women face many challenges in relation to entrepreneurship.  Here are a three that Dr. Agnieszka Klucznik-Törő talks about in her article:

  1. Lack of business ideas and knowledge
  2. Fear of failure
  3. Low entrepreneurial self-efficacy

Read more:  Entrepreneurship:  the ‘she’ factor

Speaking of giving wings to female entrepreneurs worldwide, USA-based WEGG has its next webinar scheduled for March 2nd at 11:00 a.m. Central time and will be presented by legal expert Susan Meyer.  She’ll discuss everything you need to know about protecting your best global business asset: intellectual property.  Register here — it’s no charge! Note:  WEGG webinar presenters are signed up on the LinkedIn WEGG Group to answer questions immediately following webinars and to mentor female entrepreneurs worldwide.  Go here to get on board!

Heads Over Heels Helps Women Ask for Money

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Sydney network Heads Over Heels is designed to rival “the boys club.”

Every few months, 70 high-powered executives meet for Heads Over Heels. They listen to business pitches from female entrepreneurs, then break into small, revolving “huddles,” where the women “call out” for customers, money or advice.

What are the results?

  • StorReduce co-founder Vanessa Wilson raised $400,000 in seed funding.
  • Event software company Ivvy raised $1 million.
  • Enabled Employment raised close to $400,000 in seed funding.

Are you ready to grow?  Then reach out to Heads Over Heels.  Learn more.

Screenshot courtesy:  Heads Over Heels

Colleagues On Tap Eager to Export Concept to Other Countries

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Jayne Graham, who came up with the idea of Colleagues on Tap (COT) five years ago after working at home herself for many years, sold her business to concentrate on her coaching and consultancy practice, 20:20 Consulting. Durham-born entrepreneur Jo Cameron purchased COT from Graham and has ambitious plans to grow the company exponentially both in the UK and abroad.

COT helps home-based small business owners come together on a regular basis in an office environment for the day. Once there, they are able to share experiences, peer mentor one another and combat the isolation of working alone.

“Once you look abroad it becomes a mind-blowing opportunity which is my ultimate aim. I [Graham] have strong links in Australia and America and this is an export opportunity I am eager to take to those countries.”

Read more: Colleagues on Tap Set for International Expansion Thanks to Durham Entrepreneur

Photo courtesy:  Colleagues on Tap


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