Some great examples of rotten and very common business 'advice'. No gender impact issue here, but more broadly if you're feeling less confident about your entrepreneurial capabilities you'll take this type of advice more seriously - and may ultimately be derailed or demotivated by it. (The Charter for Women in Business is for business supporters who want to do better. )
The NextWomen Social Entrepreneurship Theme. Sara Horowitz is the Founder and Executive Director of Freelancers Union and CEO of the social-purpose Freelancers Insurance Company.
Erika Watson's insight:
I love Sara's definition of social enterprise: "What I really want to see develop is an entirely new economic model, one that weaves together companies, entrepreneurs, workers, and other organizations favoring long-term sustainability over short-term profit."
"Companies will not sign up to a consultancy service from an advert, it is a very personal relationship." Sarah Daniels of the RedCat Partnership shares her business journey in our Real Women in Business Q&A.
Having left school with no qualifications Sissy built a career and got her education the hard way. She now uses innovative methods to keep kids on the right track and to inspire them to get the most out of their own educational opportunities.
From leading start-up-like initiatives, to launching new product offerings, to dealing with the good, the bad and the ugly of client interactions, I've experienced first-hand how difficult it is to properly execute a vision.
there is a real fear among women that starting up a business will mean coming up against the type of intimidating, high-powered businesswomen so often thrust into the media spotlight. A fifth (19%) of women told researchers that the success of some high-profile businesswomen was deterring them from becoming an entrepreneur, as they didn't feel they would have the skills to compete.
This view was most prevalent amongst women aged 18-24; with 25% of them confessing that this was a major factor in preventing them "taking the plunge" and starting a business.
Interestingly, a third (33%) of women said that the type of aggressive business behaviour showcased on TV programmes like Dragon's Den and The Apprentice was putting them off. In our study, 40% of women between the ages of 18-35 described the mentality of contestants on these types of shows as off-putting – causing them to doubt they had the ruthlessness they needed to be successful in business.
Our results were not all doom and gloom. We found that businesswomen who have bounced back from past failures to become successful are really important role models. In fact, over half (56%) of women asked said they were inspired to get into business by women who failed in their first venture but went on to build successful organisations.
My favourite personal episode was visiting a prospective accountant. Now I don’t know how it works at accountant school, but I was under the impression I was hiring him and not the other way around? Mr Accountant didn’t think so. He wanted to check if I owned a ‘real business’ or was this ‘just a nice little hobby’. One short mention of my rather serious (and albeit male) investor and suddenly I was offered a meeting with the owners of the firm. And this isn’t a one-time thing.
Amid the cloying dust, blaring car horns and beggars' wails that echo through the ancient streets of Kathmandu, Nepal, a familiar sound emerges: the strains of pop star Psy's "Gangnam Style." In front of a crowd of giggling teenagers, a 50-year-old...
Lindsay Stradley, Co-Founder and CEO, Sanergy: Working at Sanergy in Kenya in franchising out low-cost toilet units to on-the-ground entrepreneurs, and then collecting the waste for conversion to fertilizer and electricity. Follow Lindsay on @LindsayStradley
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