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You are here: Home > Business > Entrepreneurialism > Women Entrepreneurs Prove It's Not Just A Man's World |
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Casual Articles - Women Entrepreneurs Prove It's Not Just A Man's World
Summer Time Job Searching wo times the rate of men and women-owned businesses account for 28 percent of all businesses in the United States and represent about 775,000 new startups per year and account for 55% of new startups.The temptations are there – warm, lazy, casual days, when the shoes of choice are "flip flops." Taking the summer off and getting back into the groove of things when the "kids go back to school" would be very easy. You think to yourself, "Nothing's happening during the summer anyway – everybody goes on vacation during these months."Stop! This is not the time for giving in to those pleasures and giving up on your job search, at least not all the way. You are better off pacing yourself during the summer months, and not stopping your s One thing that I found particularly interesting was that the top growth industries for women-owned businesses in recent years were construction, wholesale trade, transportation/communic How To Get A Real Estate License I had the honor of speaking this week at a women's business association luncheon on the topic of entrepreneurship. When I mentioned to my wife the day before that I was speaking to group of women entrepreneurs she asked, "Why on earth would they ask you to speak?"Real estate is a booming business in America. With millions of dollars worth of property being bought and sold every day, real estate is definitely a popular commodity. To deal in real estate, a person needs to acquire a real estate license. This could be considered a passport to a lucrative career in real estate.The process of acquiring a real estate license is simple. There are a few eligibility criteria to be observed. Any applicant must be at least 18 years of age when applying for a real estate license. The applicant should not In her defense my dear wife has no idea what I do for a living. She's never read a single one of the several hundred columns I've written. She's never attended a function where I'm speaking or sat in the audience at any of my seminars. She just knows that we live a very comfortable lifestyle and believes me when I tell her our money doesn't come from the drug trade. Beyond that, she's incredibly happy in her ignorance of her husband's skills. When I feigned hurt feelings she waved a hand at me and said, "My point is, what in the world can a man tell a roomful of women that they don't already know?" Henny Youngman, Ralph Cramden, Rodney Dangerfield, Tim Knox. At least I'm in good company. But she had a point. What the heck did I know about women in business? So as not to look like a total idiot in front of this group of what I now call "womentrepreneurs" I decided to do a little research on the topic. Here's what I discovered: while some still believe it's a man's world, when it comes to business, women are catching up fast. According to the Center For Women's Business Research there are over 10 million women-owned businesses in the US, employing 18 million people and generating $2.32 trillion in sales. Women start businesses at two times the rate of men and women-owned businesses account for 28 percent of all businesses in the United States and represent about 775,000 new startups per year and account for 55% of new startups. One thing that I found particularly interesting was that the top growth industries for women-owned businesses in recent years were construction, wholesale trade, transportation/communica Why Build a Good Company When You Can Build a Great One? mns I've written. She's never attended a function where I'm speaking or sat in the audience at any of my seminars.How many times have you heard the saying, “You have to get the best people involved to build a successful business?”There’s a lot of truth to it, but Dr. James Collins’ book “Good to Great - Why Some Companies Make the Leap and Others don’t” and his recent monograph “Good to Great and the Social Sectors” explains that there is more.To cut quickly to a main point, Dr. Collins and his researchers explain that you first have to get the wrong people out of the business (or off the bus in his terms.) The wrong people destroy the i She just knows that we live a very comfortable lifestyle and believes me when I tell her our money doesn't come from the drug trade. Beyond that, she's incredibly happy in her ignorance of her husband's skills. When I feigned hurt feelings she waved a hand at me and said, "My point is, what in the world can a man tell a roomful of women that they don't already know?" Henny Youngman, Ralph Cramden, Rodney Dangerfield, Tim Knox. At least I'm in good company. But she had a point. What the heck did I know about women in business? So as not to look like a total idiot in front of this group of what I now call "womentrepreneurs" I decided to do a little research on the topic. Here's what I discovered: while some still believe it's a man's world, when it comes to business, women are catching up fast. According to the Center For Women's Business Research there are over 10 million women-owned businesses in the US, employing 18 million people and generating $2.32 trillion in sales. Women start businesses at two times the rate of men and women-owned businesses account for 28 percent of all businesses in the United States and represent about 775,000 new startups per year and account for 55% of new startups. One thing that I found particularly interesting was that the top growth industries for women-owned businesses in recent years were construction, wholesale trade, transportation/communic The 5 Keys To Inducting New Employees me and said, "My point is, what in the world can a man tell a roomful of women that they don't already know?"When it comes to inducting new employees into your business you only get one chance.Get it wrong and you have started to sow the seeds of doubt in the mind of your new starter in the first few weeks.Get it right and it will make a huge difference to how the person settles in. Without being perfectionist, the key is to make sure that every new starter feels excited and positive that they have made the right choice in joining your business.The way to do this is to:1. Get The Practical Stuff RightMake sure y Henny Youngman, Ralph Cramden, Rodney Dangerfield, Tim Knox. At least I'm in good company. But she had a point. What the heck did I know about women in business? So as not to look like a total idiot in front of this group of what I now call "womentrepreneurs" I decided to do a little research on the topic. Here's what I discovered: while some still believe it's a man's world, when it comes to business, women are catching up fast. According to the Center For Women's Business Research there are over 10 million women-owned businesses in the US, employing 18 million people and generating $2.32 trillion in sales. Women start businesses at two times the rate of men and women-owned businesses account for 28 percent of all businesses in the United States and represent about 775,000 new startups per year and account for 55% of new startups. One thing that I found particularly interesting was that the top growth industries for women-owned businesses in recent years were construction, wholesale trade, transportation/communic Modern Minute Taking to do a little research on the topic.Minute Taking Has Changed Taking meeting minutes has been around ever since businessmen and -women got together to discuss their businesses. But taking meeting minutes is not just a requirement of corporate entities or professional businesses; schools, churches and other large organizations have a secretary on staffs who takes minutes as well. Professionals, whether they be part of a corporation, a school, or a church know that effective minute taking is essential for the smooth running of and for the success of the organization. However, Here's what I discovered: while some still believe it's a man's world, when it comes to business, women are catching up fast. According to the Center For Women's Business Research there are over 10 million women-owned businesses in the US, employing 18 million people and generating $2.32 trillion in sales. Women start businesses at two times the rate of men and women-owned businesses account for 28 percent of all businesses in the United States and represent about 775,000 new startups per year and account for 55% of new startups. One thing that I found particularly interesting was that the top growth industries for women-owned businesses in recent years were construction, wholesale trade, transportation/communic Word of Mouth Advertising is Not FREE wo times the rate of men and women-owned businesses account for 28 percent of all businesses in the United States and represent about 775,000 new startups per year and account for 55% of new startups.It has been said by many a marketing consultant and book writer on the subject that Word of Mouth Advertising is great, but they warn; It Does Not Just Come Out of Thin Air. In fact they are correct, it does not come out of thin air, no sir, you get word-of-mouth advertising, referrals and customer volunteered testimonials being uttered around town the old fashion way; you earn it.You earn it and create a “customer salesman” as I call them when you give customer service, which exceeds expectations and when you have done everything e One thing that I found particularly interesting was that the top growth industries for women-owned businesses in recent years were construction, wholesale trade, transportation/communications, agribusiness and manufacturing, industries traditionally dominated by men. In the past 25 years the number of women-owned firms in the US has doubled, employment has increased four-fold and their revenues have risen five-fold. Here is the question I sought particularly to answer: do women approach business differently than men? I've been compared to a bull in a china shop when it comes to business. Would a female counterpart approach things differently? More gracefully, perhaps? As my lovely bride would say, "Duh." In her book, How to Run Your Business Like a Girl, Elizabeth Cogswell Baskin explored common female traits and how women entrepreneurs - and perhaps men, as well - can use those traits to their entrepreneurial advantage. Baskin reported that women tend to use three unique strengths more than their male counterparts: trusting their intuition, focusing on relationships, and putting more emphasis on keeping their life in balance. Trust Your Gut Women are much more likely to make a decision based on a gut feeling. Women may gather the facts and figures necessary to back up that feeling, but they generally know what they want to do based on intuition. Build Strong Relationships Men play the game of business like a sport. They are out to win and dominate. "Women," Baskin says, "are much more interested in establishing a connection." Find A Balance Between Work and Life. A number of women interviewed for this book cited or quality of life as their reason for starting a bus
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