The bMighty Blog -- Business & E-Business

So, Lady, You Want to Grow Your Smaller Business? Here's Some Advice

Posted by Naomi Grossman Monday, Mar 31, 2008, 12:18 PM ET

Apparently, women are starting businesses at twice the rate of men. That statistic has caught the eye of none other than Microsoft which is teaming up with a bunch of small business experts in a series of conferences kicking off this week in five cities across the country just for women to network and learn. Men, go watch some basketball.

According to the Center for Women's Business Research, for "the past two decades, majority women-owned firms have continued to grow at around two times the rate of all firms (42 percent vs. 24 percent)." This has prompted Microsoft Office Live Small Business to team up with a bunch of small-business experts -- like author Susan Wilson Solovic, radio personality Rich Sloan, and Internet marketing expert John Jantsch -- to put together a conference series called "Vision to Venture."

The conferences will be held across the country -- St. Louis, San Diego, Miami, Austin, and Seattle -- for $59 per person. (Portions of the proceeds will be donated to Dress for Success.) There will be an on-demand Webcast for those who can't attend, starting in mid-May.

What are the issues unique to women in smaller businesses? According to Slovic, "some of the challenges women entrepreneurs have are not being able to articulate their vision in a big way."

She says: "Women as a rule do not flaunt their style or success. Don't be afraid to think big and bold. If you were in an elevator and had only 30 seconds to pitch a potential customer or client or patient -- what would you say to intrigue them?"
Among her recommendations to women entrepreneurs is to find an experienced mentor.

Sloan notes that women entrepreneurs are usually "balancing work, family and volunteering." His advice is that in addition to a business plan, women entrepreneurs need a "life plan."

Jantsch's focus is on getting to know the customers -- and he recommends blogging as a way to do that. "Blogging is becoming one of the most powerful trust- and traffic-building tools that any small- business owner can tap, whether you want to attract customers from around the world or around the block," he says.

There probably will be more advice at the conference -- as well as the chance to meet other women entrepreneurs. It's no longer a man's world -- the rate at which women are staring businesses is no better indication of that -- but sometimes it's nice to just be with your own kind.


Business & E-Business | Strategy/Analysis/Biz Dev | Women in Business




This is a public forum. CMP Media and its affiliates are not responsible for and do not control what is posted herein. CMP Media makes no warranties or guarantees concerning any advice dispensed by its staff members or readers.

Community standards in this comment area do not permit hate language, excessive profanity, or other patently offensive language. Please be aware that all information posted to this comment area becomes the property of CMP Media LLC and may be edited and republished in print or electronic format as outlined in CMP Media's Terms of Service.

Important Note: This comment area is NOT intended for commercial messages or solicitations of business.


Spotlight on Solutions
(Sponsored By Cisco)


Explore the bMighty Blog
Most Recent Posts
bMighty Blog Topics
     
bMighty Bloggers
bMighty Blog Roll



Browse by Category
Imaging How-To Center

Document imaging basics, plus how to select a solution

go

FREE Technology Services Locator!

Search our database of 200,000 solution- provider locations by business activity, technology, vertical market, and customer size. Find a technology partner NOW.

go

Tech Term of the Day: D4

TechEncyclopedia gives you the meaning of today's word, plus more than 20,000 additional IT terms and definitions.


InformationWeek Business Technology Network
InformationWeekInformationWeek 500InformationWeek 500 ConferenceInformationWeek AnalyticsInformationWeek CIO
InformationWeek EventsInformationWeek ReportsInformationWeek MagazinebMightyByte and SwitchDark Reading
Digital LibraryIntelligent EnterpriseInternet EvolutionNetwork ComputingNo Jitter
space
Techweb Events Network
InteropVoiceConWeb 2.0 ExpoWeb 2.0 SummitEnterprise 2.0 ConferenceMobile Business ExpoSoftware ConferenceCSI - Computer Security Institute
Black HatGTECEnergy CampMashup CampStartup Camp
space
Light Reading Communications Network
Light ReadingLight Reading EuropeUnstrungLight Reading's Cable Digital NewsConstantinopleInternet Evolution
Heavy ReadingLight Reading Live!Light Reading InsiderEthernet ExpoOptical ExpoTeleco TVTower Technology Summit
space
Financial Technology Network
Advanced TradingBank Systems & TechnologyInsurance & TechnologyWall Street & TechnologyAccelerating Wall StreetBank Systems & Technology Executive SummitBuyside Trading SummitInsurance & Technology Executive Summit
space
Microsoft Technology Network
MSDN MagazineTechNetThe Architecture Journal
space