Posts Tagged 'women entrepreneurs'

The Upside Potential of an Interconnected World

TheUpsideOfAnInterconnectedWorld

At a recent Global Entrepreneurship Summit at Stanford University, President Barack Obama says people succeed and communities prosper when they have the skills and resources needed to start their own businesses [and go global we might add!].

Women, minorities and those “locked out” by the existing social order, which the president described as “people who aren’t part of the old boy’s network,” can become empowered entrepreneurs when they can turn their ideas into reality, he said.

He added:  “I believe all of you represent the upside of an interconnected world.”

Read more:  Obama:  Entrepreneurship helps women, minorities around the world

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next_up_13July_2016_wegginarNote: Don’t miss our next WEGG webinar 7/13 on “China Exports: Growing Brand Recognition Locally First,” and presented by expert Nicole àBeckett, President of Mercatura Global. Register here: https://attendee.gotowebinar.com/register/1045496295028407041. Event is no charge but you must register in advance to attend.

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And one more thing!  If you are based in Chicago, don’t miss a great LIVE event on July 13th  where one of our past WEGG presenters, Louise Kern, will be discussing Saving Your #$%:  Due Diligence in International Transactions.  To find out more and to register, visit: http://calendar.itagc.org/docs/ITAGC_Calendar_8255.pdf (fee involved).  Be sure to mention WEGG when you register to get your special discount.

The Role of Women Entrepreneurs in Emerging Markets

TheRoleOfEntrepreneurshipInEmergingMarkets1 TheRoleOfEntrepreneurshipInEmergingMarkets2

Four female entrepreneurs (as shown above) weigh in on four key questions concerning the role of entrepreneurship in emerging markets:

  1. What opportunities do entrepreneurs in emerging markets have?
  2. How do you see entrepreneurship fitting into the economic-development picture in emerging markets?
  3. How may women entrepreneurs break through barriers in emerging markets?
  4. How can governments—both in emerging and established economies—help create conditions necessary to sustain and scale businesses?

Read the entire interview:  How to Foster Entrepreneurship in Emerging Markets — A Q&A with Four Entrepreneurs on the Global Startup Landscape

Note:  Don’t miss our next WEGG webinar 4/13 on how to negotiate a winning foreign distributor agreement and presented by expert Doris Nagel.  Register here.  Event is no charge but you must register in advance to attend.

In India, Women Entrepreneurs Do Better Than Their Male Counterparts in Startups

InIndiaWomenDoBetterThanTheirMaleCounterpartsInStartups

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.

Women Worldwide Are a Pillar of the Post-Recession Recovery

WomenWorldwideAreAPillarOfThePost-RecessionRecovery

According to The Centre for Entrepreneurs in London, women entrepreneurs:

  1. Focus more on sustainable growth.
  2. Pay more attention to mitigating risks.
  3. Are less prone to over-confidence.

Other interesting facts about women entrepreneurs that Eric F. Frazier talks about in “Well-Rounded Leadership:  The Nature and Nurture of Female Entrepreneurs:

  • Women own or manage about 30 percent of businesses worldwide, as reported by the International Labor Organization.
  • These 9.4 million [U.S.] women-owned enterprises employ 7.9 million people and generate $1.5 trillion in annual revenues.
  • Increasing 74 percent since 1997 and 21 percent since 2007, women-owned businesses are a pillar of the post-recession recovery.

Read the entire article:  Well-Rounded Leadership:  The Nature and Nurture of Female Entrepreneurs

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

Access to Finance a Major Concern of Women Entrepreneurs in Malaysia

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One of the strategies for Credit Guarantee Corporation (CGC) BizWanita-i, is to focus on entrepreneurship, especially women entrepreneurs.  CGC claims to power SMEs in Malaysia.

Johari [Deputy Finance Minister Datuk Johari Abdul Ghani] said CGC’s facilities like BizWanita-i would help women entrepreneurs obtain loans from the financier. Earlier in his speech, Johari said access to financing was repeatedly identified as one of the major concerns of women entrepreneurs and BizWanita-i was much welcomed in improving their access to financing.

For eligibility requirements, visit:  https://www.cgc.com.my/bizwanita-i/

Read more:  Malaysia can meet 3.1pc fiscal deficit target 

Screenshot courtesy:  Credit Guarantee Corporation

Women Want the Triple Win: Money, Meaning and Mobility

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According to studies, American women currently are starting twice the number of businesses as their male counterparts.  Author Julia Pimsleur believes there is a significant difference between female- and male-owned businesses and that difference is that most women are in small-business mode — and seemingly stuck there. Only 3 percent of female businesses owners have companies that generate more than $1 million.  She talks about this in her just released book, “Million Dollar Women: The Essential Guide for Female Entrepreneurs Who Want to Go Big.”

Entrepreneurs today want what Pimsleur calls “the Triple Win”: money, meaning and mobility. While money is a traditional measure of success, women today also want to do work that has meaning. Mobility translates into flexibility — freedom to stay home with a sick child and to leave work at the office.

Pimsleur knows the business ownership territory well — she is the CEO and creator of Little Pim, an international company that produces award-winning programs for young children to learn foreign languages. Started as a part-time endeavor from her home, Little Pim now has markets in 22 countries.

Read more:  CEO shares insights for women entrepreneurs

Screenshot courtesy:  Little Pim

India Cannot Progress Without the Contributions From Women Entrepreneurs

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Kalraj Mishra, the Indian Union Cabinet Minister of Micro, Small and Medium Enterprises in the BJP-led NDA government of Prime Minister Narendra Modi launched ‘SWAYAM’, a support cell for women entrepreneurs to seek proposals for starting enterprises by them through the use of social media.

As part of his educational initiatives, Narenda Modi, the newly elected prime minister for India, is expected to go live with three courses through SWAYAM.

The first three courses are:

Modi vowed to increase efforts to eradicate poverty, create employment opportunities for the country’s young workers and provide a safer environment for women.

Read more:  Kalraj Mishra launches support cell ‘SWAYAM’ for women entrepreneurs

Related:  10 Powerful Women Entrepreneurs in India 

Promoting the Spirit of Enterprise and Women Entrepreneurs

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Saudi Arabia-based King Khalid Foundation and TRACCS signed a strategic partnership agreement to launch the Jeddah Entrepreneurship Meet and Competition. The competition opens doors for all budding entrepreneurs to present their ideas or existing business modules to be eligible for its mentorship and funding program.

The Jeddah Entrepreneurs Meet and Competition is an entrepreneurial development and sustainability promoting platform open for women across the Kingdom of Saudi Arabia to present innovative business ideas or existing businesses within three categories: social entrepreneurship, manufacturing and production and educational and lifestyle development.

Apply online here.  Learn more here.


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