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07/23/19: Why Entrepreneurs Need to Do One Thing at a Time

By Aytekin Tank, Entrepreneur

Back in 1897, Spanish neuroscientist Santiago Ramón y Cajal — winner of the Nobel Prize — wrote a book called Advice for a Young Investigator. He argued that instead of spending hours reviewing books, lectures and broad research, scientists should focus deeply on a single object of study. This state, he wrote, “refines judgment, enriches analytical powers, spurs constructive imagination, and — by focusing all light of reason on the darkness of a problem — allows unforeseen and subtle relationships to be discovered.”

Read more here.

07/01/19: Women Entrepreneurs Thrive Managing Talented Teams and Balancing Many Investors

By Richard A. Devine & Siri Terjesen, The Conversation

Only a handful of the top companies in the U.S. are led by a woman.

Efforts to change that and promote more women into positions of leadership have relied primarily on questions of equality. But is there also a business case for putting more women in charge?

Read more here.

06/21/19: To See More Women in Leadership Roles, Here's What Needs to Happen

By Kimberly Zhang, Entrepreneur

What better way to shatter a glass ceiling than by leaving the atmosphere altogether? The first all-woman spacewalk this March is a testament to just how far we’ve come.

Down on Earth, though, we still have a long way to go. Barriers to progress remain frustratingly solid. Governments and businesses continue to introduce initiatives to get more women to the top, yet an EY report demonstrates that progress remains slower than it should be.

What’s the holdup? A massive study from Peterson Institute for International Economics, which studied 21,980 firms in 91 countries, found that businesses with women in the C-suite are more profitable than those without. Clearly, the issue isn’t one of performance.

Read more here.

06/06/19: 5 Things No One Tells You When You Become An Entrepreneur

By Stephanie Burns, ForbesWomen

When I became an entrepreneur, I distinctly remember thinking, “I had no idea I would be writing this much. My main job function is writing.” I was in the thick of creating Chic CEO, a website  designed to give women the resources they needed to start a business. But what I was actually doing, was writing.  A LOT. Anyone who has started a business can attest to the fact that there are   a lot of things they do daily that have nothing to do with their core competency.

Here are a few things that no one told me when I became an entrepreneur.

Read more here.

05/29/19: Supplier Diversity Benefits Both Small and Large Businesses

By Geri Stengel, Forbes

Want a more resilient vibrant economy? Diversity is key to achieving this goal. It helps companies earn more and employ more while increasing profits and innovation. It’s not just about attracting a mix of employees. It’s about penetrating untapped markets. It also means access to diverse suppliers who are agile, cost-effective, and provide innovations to meet the needs of corporations better and to serve their customers better.

Read more here.

05/23/19: The Most Important Leadership Competencies, According to Leaders Around the World

By Sunnie Giles, Harvard Business Review

What makes an effective leader? This question is a focus of my research as an organizational scientist, executive coach, and leadership development consultant. Looking for answers, I recently completed the first round of a study of 195 leaders in 15 countries over 30 global organizations. Participants were asked to choose the 15 most important leadership competencies from a list of 74. I’ve grouped the top ones into five major themes that suggest a set of priorities for leaders and leadership development programs. While some may not surprise you, they’re all difficult to master, in part because improving them requires acting against our nature.

Read more here.

05/13/19: Momentum Is Finally Building For Women Entrepreneurs — Let’s Keep It Rolling

By Alison Gutterman, Forbes

As challenging as it can be for modern businesswomen to snag capital, they have a serious head start when compared to female entrepreneurs of past generations. Congress didn’t pass the Women’s Business Ownership Act until the late 1980s to help eliminate gender discrimination in lending. Before that point, female entrepreneurs could not even get a loan unless a man co-signed it. Even raising private funding was nearly impossible for corporate-minded women with vision.

Since removing some of the barriers to female entrepreneurship, society has enjoyed the fruits of many women-founded companies. Despite this progress, women still lag behind when it comes to wooing investors. Their historical mistreatment, especially from financial institutions, may partially contribute to this ongoing — and frustrating — problem.

Read more here.

04/18/19: The Value of Investing in Female Founders

By Falon Fatemi, Forbes

The data is all too real and familiar. When it comes to raising capital, males consistently outperform females. According to research by All Raise, only 15% of venture capital funding is allocated to female founders. What’s more troubling, despite a lot of concern and advocacy, we really haven’t done much to address the discrepancy. All Raise’s research confirms that the growth rate of funding injected into female-founded companies has plateaued over the last few years.

The disproportionate level of funding channeled into male-led startups might suggest that these are more lucrative investments. This couldn’t be farther from the truth. The investment landscape is laden with perceived biases that put an iron ceiling on women’s ability to raise money. One 2018 study found that, during investment pitches, female entrepreneurs are more likely to be asked “prevention” questions—questions related to safety and potential risks and losses. In contrast, male entrepreneurs are more likely to be asked “promotion” questions—questions related to their hopes, ambitions, and achievements. This difference in the modus operandi has a measurable impact on the relative funding each gender receives.

Read more here.

04/11/19: Black Female Founders Face Constant Rejection. They're Thriving Anyway.

By Monique Greenwood, Entrepreneur

Most women under the age of, say, 45 dread a particular time of the month. (Fellas, stay with me.) So, Arion Long, an African American millennial out of the Washington, D.C., area, came up with the Femly Box, a way to make the monthly menstrual routine less burdensome and more like a gift. Her ultimate PMS kit includes a supply of organic, all-cotton feminine products, along with wholesome wellness treats, like shea butter, herbal tea, and organic chocolates. For about $30 a month, it comes in a pretty package that gets delivered right to a woman’s door, just in time for her cycle.

When Long, a former health plan communications specialist, launched her business in 2015, she had only one problem: getting funding from investors. “Let’s face it,” she says. “I was talking to middle-aged white men. They didn’t know the product or use the product. And they didn’t care. I’m a brown-faced, five-foot-one-inch young woman, who wasn’t taken seriously. I had done my research and was ready. But young white men — some of whom had simply jotted down an idea on a beverage napkin — got the nod.” Long was hoping to snag a modest $10,000 to $75,000 investment. Everyone she talked to said no.

Read more here.

04/08/19: New York City Is Opening Doors With $35 Million For Women Entrepreneurs And Makers

By Geri Stengel, ForbesWomen

Between 1972 — the first year the Census Bureau began tracking the gender of business owners — and 2018, women-owned businesses have grown from representing 5% of all business to 40%, according to American Express 2018 State of Women-Owned Businesses (SWOB)*. However, their economic clout has not grown equally. In 2018, women-owned businesses represented 8% of total employment and 4% of total revenues.

New York City is taking action. Timed for Women’s History Month, the city announced a series of initiatives to address persistent gaps in funding and business development opportunities.

Read more here.

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