Archive for the 'Startup' Category

Girlboss to Launch New Social Network for Young Women Entrepreneurs

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A recent Wall Street Journal article reports that, “Girlboss, a media company targeting women entrepreneurs, plans to introduce a paid, professional social-networking site called Girlboss Collective in January.” This new platform will be structured for the ever evolving career paths of millennial women, with profiles highlighting users’ character as opposed to work experience.

GirlBoss Collective will, “fit the professional networking needs of young women, many of whom have multiple part-time jobs or career gaps that look out of place on a traditional résumé. Girlboss Collective is being designed with women in mind, although it will be open to people of any gender, the company said.”

Membership for the site will reportedly be less than $15 a month, and users will have access to video footage of notable female speakers in high offices of various industries.

The WSJ article goes on to detail,

“Ms. Amoruso envisions a community of subscribers helping one another on professional matters both trivial and large, from negotiating raises to finding an intellectual property attorney in their area….Girlboss has prototyped the concept of its private social network with a Facebook group called “Girlboss Gang” that has more than 5,700 members, Ms. Amoruso added. She said more than 15,000 users are already on a wait list to join Girlboss Collective, which will be an invite-only, U.S.-based network in its testing phase.”

Everyone here at wegg® is excited by the mission of Girlboss Collective, and we hope to partner with Amoruso and her company in the future. wegg® knows that the key to female entrepreneurial success is connecting with each other, to build an unstoppable global network.

wegg® keeps energizing women entrepreneurs the world over. We can help you build confidence, find great resources and show you the steps you can take to go global. Join us for our FREE wegginar® on 11/7 with Cristina Bandal. You can find all of the details, and register for the event, here.

Closing the Confidence Gap is Key for Female Entrepreneurial Success

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In a recent Forbes article entitled, “What It Will Take For Women Entrepreneurs To Take Over The World,” author Carrie Kerpen explores what disadvantages women entrepreneurs face in our current market. Kerpen interviews Margaret Donnell, chief marketing officer of Capital One’s Small Business Bank, on how women can subvert the obstacles in their way, in order to succeed. Kerpen’s thesis is: closing the confidence gap between men and women will be a crucial factor in trying to level the entrepreneurial playing field.

Donnell attests the gender pay gap between men and women to be one of the main reasons women business owners are less confident than their male counterparts. She reasons,

“We have pretty clear evidence around us. We’ve seen studies out in media, I certainly have, that document a wage gap between men and women. It means that women don’t always have as much money as men because of that earning power. It also means that their confidence could have been eroded over time, and so I think there’s a lot we can do to lift each other up, and men as allies can lift women up, to help them feel confident and go after getting into business.”

Lacking in confidence can be a hindering quality for any business owner. Not having faith in oneself can lead to a fear of risk. One such risk could be the venture of expanding your SME into a global business, an important move for entrepreneurs.

A potential fear of risk taking is evident in statistics. Kerpen reports,

“…despite feeling more positive about their businesses than their male counterparts, female business owners are more hesitant to take big swings and heavily invest in their companies. According to the same Capital One report, 75 percent of men are likely to hire in the next year, compared to 63 percent of women.”

How do you think women can support and encourage each other to make the bold moves necessary for success in business? How can we increase our confidence to achieve heights greater than we could have ever imagined?

Read several proposed solutions to this issue, in Kerpen’s article, linked here.

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JOIN us for our morning wegg™ workshop on September 12th and hosted by Bank of America (135 S. LaSalle Street, 44th Floor).  Julie Smolyansky, President and CEO, Lifeway Foods, will present “Follow Your Gut,” covering:

  • How global factors influence company values and mission
  • Why we should empower women entrepreneurs around the world
  • How to channel inspiration from travel experiences into marketing initiatives

Tickets $40 ($20 for students); includes Continental Breakfast.  To learn more and to register, visit:  https://www.eventbrite.com/e/weggtm-workshop-follow-your-gut-presented-by-julie-smolyansky-tickets-48655708534
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Strategically, Everything is Global

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Note: Don’t miss our next WEGGinar™ 5/9/18 on “Building Your Global Brand Through Podcasting” and presented by Kathrin Bussmann, Ph.D., founder and principal, Verbaccino. Register here. Event is free of charge but you must register in advance to attend.
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Putting Wind Behind Global Startups

Photo credit: IIM Bangalore

Are you based in India and thinking of starting a business?  StartupWind, Inc., a digital platform for ideation, design thinking, business model canvassing and business planning  — has on-boarded over 6,000 women entrepreneurs across India as a platform partner of IIM Bangalore’s Women Startup Programme that will provide training, mentoring, networking and financial support to budding Indian women entrepreneurs.

The programme is for women of all ages and educational backgrounds who have been thinking about starting a venture and not knowing how to do it.

The IIM Bangalore programme is coupled with the software framework and tools provided by StartupWind to help women entrepreneurs bring their ideas to life.

At WEGG, we hope to partner with StartupWind to serve as a support arm by providing international expansion training to the Indian women entrepreneurs.

Learn more about the exciting program here.

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Note: Don’t miss our next WEGGinar™ 4/4/18 on “How a Wicked Road Trip to Minturn, Colorado Inspired a Thriving Global Design Business” and presented by Julia Knight, founder of Julia Knight Collections. Register here. Event is free of charge but you must register in advance to attend.
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In India, Women Entrepreneurs Do Better Than Their Male Counterparts in Startups

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Amitabh Kant, Secretary, Department of Industrial Policy and Promotion, Government of India, says, “Women [in India] are doing better than their male counterparts in start-ups.”  His point is well taken.

Women business innovators recently congregated at one platform in New Delhi (India) to make a pitch to Mr. Aroon Purie, Chairman, The India Today Group, an Indian media conglomerate, to win US $25,000.

Here is what each of the four women presented in a span of 1-1/2 minutes.

4 women entrepreneurs make the perfect pitch to win 25,000 USD

Note:  Don’t miss our next WEGG webinar 4/13.  Register here.  Event is no charge but you must register in advance to attend.

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

Okutani Heads Women’s World Banking Japan

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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

Women Entrepreneurs Are Rockin’ the Startup Stage in the Middle East

Christopher Schroeder at PandoDaily will be sharing his stories over the next two weeks (don’t miss them) on the changing Middle East and it involves rockin’ women entrepreneurs.

They are running platforms for Arabic translation out of Beirut, and eCommerce enterprises in Amman. Retailers who have achieved local success in traditional “bricks and mortar” boutiques have opened sites to reach audiences across the region, even the globe. Former athletes use technology to create products that enhance training routines, and mothers have created social platforms to access best-in-class education and advice. Veterans of Tahrir Square leverage their unique social network experiences to build crowd-sourced video story telling.

Read his entire empowering piece here.

About Christopher M. Schroeder

Christopher is a Washington, D.C. and New York-based entrepreneur, venture investor and former CEO of the online content and social platform start-up HealthCentral.com, which he sold last January. He is writing a book about tech start-ups in the Middle East due Spring 2013. You can follow him here on Twitter.

Illustration credit:  PandoDaily (created by Hallie Bateman)

Posted by:  Laurel Delaney


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