Posts Tagged 'Small Business Trends'

Women Entrepreneurship in the EU: The Numbers

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On a global scale, women are less likely than men to start their own businesses. This is evident from the above graph, taken from the “Policy Brief on Women’s Entrepreneurship.” The data shows that in every EU country, from 2010-14, there were significantly less female owners of new businesses, than male.

Why is this the reality?

The OECD SME and Entrepreneurship analysis proposes that a:

“…key factor in explaining the gender gap is the social and institutional context [of the countries]. Paradoxically, national-level gender equality is negatively associated with women’s self-employment choice compared to men’s (Klyver et. al., 2013), suggesting that gender equality policies in the labour market may cause women to prefer employment over self-employment (Nielsen et. al., 2010). Similarly, more supportive work-family institutions are associated with larger gender gaps in terms of business size, growth aspirations, innovativeness and use of technology. This appears to indicate that it is important to look beyond simple proportions of women and men entrepreneurs to the motivations and quality of the business, with the hypothesis that greater gender equality may improve good quality businesses and business creation based on positive choices by women, while reducing poorer quality business creation based on lack of choice.”

One of the economic reasons that women might choose employment over the entrepreneurial self-employed path, is that self-employed women make less money than self employed men, on average. This finding is displayed in the graphic below:

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Other factors, such as lack of resources and training for women in business, are consistently cited as justification for the lack of women entrepreneurs in the global . market. This apparent neglect of a business education for women is highlighted in the graph below:

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As displayed by the image, at least thirteen out of the twenty-two countries in the EU showed a significant gender gap in perceived accessibility to business training. This is where wegg™ can help. Our mission is to educate, inspire and nurture 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.

We provide monthly resources for women entrepreneurs to become educated on current business strategies in order to go global. If you are interested in entering business, or growing the business you already have, wegg™ can help you. Please check out our website, to discover possibilities you did not even know existed.

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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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Be Like Steve

Photo credit: ©Laurel Delaney 2011 "Steve Jobs Collage"

Whether male or female, we can all glean lessons from the likes of the late Steve Jobs. For example:

1. Push people out of their comfort zones

“He was someone who did not read the polls, but changed the polls by giving people what he was certain they wanted and needed before they knew it; he was someone who was ready to pursue his vision in the face of long odds over multiple years; and, most of all, he was someone who earned the respect of his colleagues, not by going easy on them but by constantly pushing them out of their comfort zones and, in the process, inspiring ordinary people to do extraordinary things.”

— Thomas Friedman, New York Times columnist and Pulitzer Prize winning author

Read the eleven other ways you can be more like Steve that I cover for The World :: American Express OPEN Forum (via Small Business Trends).

12 Ways to Be Like Steve Jobs

Posted by:  Laurel Delaney

Prepare Your Business To Go Global

WEGG contributor and founder/executive editor of Small Business Trends, Anita Campbell (pictured), writes an eloquent piece on how to prepare your business to go global. In addition, she covers how to ready your website for international business.

Read the entire article here.

Photo credit here.

Posted by: Laurel Delaney

How To Be Innovatively Global

Here are six innovative ways to get overseas business.  This is my latest installment for American Express OPEN Forum (via a relationship with Small Business Trends):

6 Ways To Be Innovatively Global

Snapshot of one tip:

3.  Jump in and get going. The later you wait to go global, the harder it gets.  Why?  Because just like routine, structure and bureaucracy can often kill innovation in an organization, it can do the same damage when it comes to taking a business global.  You wait so long that by the time you’re ready, your domestic operation may hamper your ability to learn or take new avenues for growth.  Some people refer to this as the death or curse of an organization.  A few of you may have heard me say online, “Go global or your business will die.” It all falls into the same bag.

So my advice to you:  Do it! Even if you don’t have every duck in a row, take your business global now, especially in view of President Obama’s big national export initiative.  Provided you have a good global transport company (such as FedEx or UPS) and a sophisticated international banker, you are all set to get into the game and play ball in the global marketplace.  Pick your market and get competitive now.

Posted by:  Laurel Delaney


WEGG Mission

Our mission is to educate, inspire and nurture 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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