A look at the numbers debunks the stereotypes. (Female Entrepreneurs Aren't Just Working on "Cookies and Crafts" http://t.co/wXohvx2tSL)
"It makes sense that we're seeing such a tremendous growth rate for women-led and -owned businesses at this particular time in history. In 1977, only 4.5% of privately held businesses were owned by women. Those businesses were mainly in fashion, fitness and beauty. Today, the greatest number of multimillion-dollar women-owned businesses are in wholesale trade (20%), finance/insurance (12%), and transportation/warehousing (11%)."
General Management - A marketer may feel overwhelmed by the huge selection of business tools. Fortunately, the following infographic highlight experts' favorites, so marketers can whittle down their options and choose.
Social Entrepreneurs in Egypt Huffington Post Technically social entrepreneurship is a business that solves a social problem. The rural poor in Bangladesh can move out of poverty through microfinance.
Succinct memorable quote: "Technically, social entrepreneurship is a business that solves a social problem."
Social entrepreneurship in Egypt: "They got the vote. They still don't have bread and jobs. More importantly, they don't have hope. More than two years later, 90% of the unemployed in Egypt are under 30 years old."
Entrepreneurs can take cues from the new Superman movie 'Man of Steel' and cultivate their unique strengths. (How to Discover Your Superpower in Business - Entrepreneurs can take cues from the new Superman movie 'Man of Stee...
The article offers excellent advice and three steps to uncover your entrepreneurial superpower in business:
"1. Ask for feedback. 2. Find the intersection between your skills and passions. 3. Delegate your weaknesses to hone your superpower."
Evidence suggests that innovators are just getting started when they hit forty. (Yay! "In learning about these inspiring individuals, It's easy to see why research indicates that a 55-year-old and even a 65-year-old have more innovation potential than a 25-year-old: innovators really do get better with age."
A very interesting perspective on experienced entrepreneurs:
"Experienced [entrepreneurs] provide intellectual and emotional ballast..."
A noble interpretation of the motivation behind experienced entrepreneurs:
"Think about it — disruptive innovation is about playing where no one wants to play (low-end), or has thought of playing (new market). The urge to create, to generate a life that counts impels [experienced entrepreneurs] to innovate, even when it's lonely and scary."
"The smart companies .. will harness this hunger of the underserved, ready-to-serve corp of [talented experienced entrepreneurs], and upend the competition."
Small Business Wisdom from Twitter's Jack Dorsey (5 Tips for Entrepreneurs) -- Washington Post
Jack Dorsey now employs nearly 2,000 workers between Twitter and Square, with Twitter boasting 200 million monthly active users around the world.
A common misconception, Dorsey said, is that successful entrepreneurs set out to be their own boss, and then they go searching for an idea. More often, he argued, businesses succeed when their founders take the reverse approach.
Great insight and the last tip has a great backstory.
"1. Start with an idea 2. Keep a diary 3. Communication and cooperation are key 4. Build a transparent company 5. Sometimes, it’s okay to break the rules"
Dozens of small-business owners have filed complaints about the sales tactics of a credit-management service that uses the Dun & Bradstreet name. The service, called CreditBuilder, is marketed by a startup called Dun & Bradstreet Credibility.
Entrepreneurs were told that a poor score could discourage prospective lenders, suppliers and clients from working with them. Their scores went up after getting the CreditBuilder service.
Continuing Education for Entrepreneurs TIME What inspires you to get up and get it done every day? The answer may be different for every entrepreneur, but you'll find plenty of motivating ideas in this new crop of business books.
"Ten new business books: To help you boost your day-to-day job performance, career accomplishments, and overall satisfaction, improve your professional network, lead teams more effectively and regain a sense of purpose. Be sure to check the book links to confirm a book’s availability date."
"World entrepreneurs reaffirm business is the best route to deliver change, to reform, and to prosper."
Ernst & Young’s CEO, Mark Weinberger, says “Entrepreneurs make the world work better.”
"From the city of Grande Prairie, Alta., Canada’s Entrepreneur of the Year, Alan Ulsifer of FYidoctors, has transformed the optical industry by creating a giant network of opticians who bring new products and diagnostics technology to clients from coast to coast."
Klingons are more likely than socially conscious capitalists | MuMbrella Davis said the industry was at a point where it was ready to overcome the focus on purely making profit. “The consciousness in the world is rising."
“Capitalism is the greatest operating system of creativity, innovation and entrepreneurship that the world has ever known. So why are we selling it short? Why are we interpreting it through this very narrow lens? It doesn’t do justice to human nature or the creative spirit of humanity. I think that’s a huge, huge problem. So what if we what if we started to think about business differently? What if we started to let go of our assumptions?”
Great article about the Mumbrella360 conference.
Conscious capitalism advocate, Craig Davis said, “People are now focused on making money. Making money almost at all costs. .. But that’s not the true and noble and heroic spirit of capitalism at its best.”
The quote in the headline is from a cab driver that Davis recently travelled with who had summarised the problem nicely.
7 Weekly Must-Do's For Entrepreneurs Forbes Weekly Calendar Most entrepreneurs have a lot on their minds, from the daily task list, to the quarterly marketing plan, to annual financials, and everything in between.
Great tips. Love number three and four: "- Keep your door (and your mind) open. - Give praise for a job well done."
"Finding: Women are starting entrepreneurial businesses 1.5 times more frequently in the U.S. (American Express) and 2 time more frequently in Canada. Here are some reasons why women entrepreneurs are successful."
This article summarizes Krizia de Verdier, a producer and host of the Women Entrepreneurs HQ Online Show, and pulls some valuable results from a 2011 study conducted by American Express.
"1. Women are multi-taskers and multi-thinkers 2. Women are abstract thinkers and creative thinkers 3. Women are more about inclusion instead of competition 4. Women want to make sure their team is happy 5. Women value personal development 6. Women have natural people skills 7. Women are good listeners"
"Now is the time for all of us to recognize and embrace social sustainability--much in the same way we’ve focused on environmental sustainability for the past 20 years--as a mission-critical way of doing business. By social sustainability, I mean investing in the livelihoods of farm and factory laborers, ending worker exploitation, and ensuring that there is ethical sourcing behind the things we buy."
True Confessions of a Social Entrepreneur: Q&A With Tonya Surman -- Forbes
In 2004, a group of four Canadian entrepreneurs were witnessing their non-profit colleagues far too often working out of solitary, under-resourced, and costly work spaces.
"The Centre for Social Innovation (CSI), a convergence space for innovators that aims to “catalyze, connect and support new ideas that are changing the world,” began as many great social enterprises do — as simply an idea to do something better than the status quo."
These amazingly talented male and female entrepreneurs share their most valuable advice for achieving success. There seems to be a pattern of looking past your failures and pursuing your goals with relentless persistence to reach success.
The Reason Entrepreneurs Have Trouble Finding Jobs Fox Business "Our results leave little doubt that entrepreneurs experience adverse treatment," researchers wrote in the study to be presented at next month's annual meeting of the Academy of Management.
Think twice before becoming an entrepreneur: You might become locked into that career: "The study's authors offer several explanations for the [lock-in], including that the qualities conducive to entrepreneurial success, such as a bias for risk-taking, differ from those conducive to success in traditional company careers and that big companies require different social and political skills than small enterprises do."
Your entrepreneurial instinct to take risks may work against you when applying for a job.
The Entrepreneurial Paradox: What Got You Into Business Isn't The Best Way To ... Forbes Some 30 years ago, I began work on my first book: Sweat Equity which focused on America's best small companies.
Start-up entrepreneurs are very self-reliant, independent, and flexible. These traits are necessary to start the business and keep it going, but at some point, these traits may stop the Entrepreneur from growing the business.
What does empathy look like in action, and how can you incorporate into your business model? Last week saw the Ashoka Change Week host the Ashoka Support Network Global Summit, with social enterprises from around the world sharing their stories of how develop empathy in business...
Empathy - the ability to understand and share the feelings of others, is a key skill for entrepreneurs that want to create impact.
Without this foundational skill, we will hurt people and disrupt institutions.
"Entrepreneurship—extraordinary value creation and capture—is possible even though it is extraordinary."
Great article with an interesting perspective:
"Aspirations are not usually formed out of the blue; at least in part, they are inspired by our perceptions of what is in the realm of the possible. We aspire to what we think we can achieve, and what we think we can achieve is influenced by what we see others achieving. Conversely, we often dampen our ambitions if we think that something is unattainable or undoable. "
by John Mackey, “Conscious Capitalism" Austin Chronicle (blog) So it is in Conscious Capitalism (Harvard Business Review Press, 344 pp.
From the article:
"You can’t swing a dead armadillo in Austin without hitting a “foodie” – a variegated species ranging roughly from purist vegans through sushi savants to connoisseurs of deep-fried turkey. They pursue their gastronomic passions with singular concentration, and it’s among the blessings of living here that it takes all kinds to make an Austin ecosystem."
8 Questions Keep Great Entrepreneurs Up At Night Forbes Even entrepreneurs who have built many startups, or sold their last one for millions of dollars, know they make occasional people leadership mistakes.
This article references a new book by Dr. Nicole Lipkin, “What Keeps Leaders Up At Night,” who, in the book, provides some guidance based on her coaching experience and a doctorate in clinical psychology.
"Be crazy and don't seek too much advice on what you propose to do", this is the mantra that Michael Dell has given to budding entrepreneurs in India.
Charming quote about entrepreneurs by Michael Dell, CEO:
"...entrepreneurs I think have to be a little bit crazy, at least in the eyes of others. Successful entrepreneurs will be those who venture to do what others will not; if it's 'obvious', every one would do it."
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