WHER Chat: October is National Women’s Small Business Month!

October is National Women’s Small Business Month, a time dedicated to celebrating the growth achievements of women-owned businesses and women entrepreneurs across the country in recent years. Women own 42 percent of businesses in the United States and they generate $1.9 trillion in revenue each year. Join us this month as we acknowledge the accomplishments of women business owners and supporting their growth by leveraging  resources for their continued success! 

Continue reading

Women Veterans: The Challenges They Face & a Way Forward

Although not officially recognized as members of the armed forces until 1901, the involvement of women in the military dates back to the Revolutionary War.

Each year, the population of women veterans grows steadily due, in part, to the increasing number and proportion of women entering and leaving military service. Most women veterans possess those traits that are valued in military service and beyond: steady nerves, sound judgment, courage, tenacity, patriotism, and sacrifice. The question is, how much should we as a nation allow them to sacrifice once they leave the military? Do we adhere to what President Lincoln said so many years ago? With the words, “To care for him who shall have borne the battle and for his widow, and his orphan,” President Lincoln affirmed the government’s obligation to care for those who serve. Clearly he wasn’t expecting to add women to his speech but here we are, serving right beside our male brethren as a force multiplier adding value in ways never expected.

Continue reading

Mentoring & Leadership Guiding the Way to Success!

Thirty-two of the largest U.S. companies by revenue on the Fortune 500 list, including PepsiCo, IBM, Lockheed Martin, Oracle and General Dynamics, are run by women. Although this only accounts for a mere 6.4 percent of Fortune 500 companies, it is the highest proportion of female CEOs in the history of the Fortune 500.

It’s an exciting time to be a female entrepreneur with the abundance of opportunities available, including government contracts and diversity and inclusion programs. However, even with all the support, there are still obstacles facing women in the workplace; from lower pay than their male counterparts to sexual harassment and fewer promotion opportunities.

To get a better understanding of why women are still being held back in the business world, I looked at the most successful businesswomen I’ve known over the years. They have all had mentors, including myself. Over the past eight years, I have led mentoring meetings, training sessions and workshops giving me a clearer understanding of the specialized training and mentoring women need as they develop into successful entrepreneurs.

Change Your Mindset

“Life is not easy for any of us. But what of that? We must have perseverance and above all confidence in ourselves. We must believe that we are gifted for something and that this thing must be attained.” – Marie Curie, two-time Nobel Prize Winner in Physics

It starts with your mindset. You need more than just business essentials and marketing to be successful. You need to believe that you can succeed in conquering your fear and embracing your confidence. Interestingly, I find more women have a fear of success than a fear of failure. We reach a certain level, and then we suddenly seize up and get stuck.

When women are ready, willing and able to break through their own glass ceiling and ask for what they’re worth, we will see a huge surge, not only in our economy but also in our community. The key to this and any success is collaboration. Through collaboration, we will change the world for the better.
Continue reading

House Democrats Urge CFPB to Create Small Business Loan Reporting Rule

Led by Rep. Donald Payne Jr. (D-NJ) and Rep. Chris Van Hollen (D-MD), 82 House Democrats wrote a letter urging CFPB Director Richard Cordray to restructure the collection of small business lending data in order to help lending institutions better understand the financial needs of these businesses. The letter comes less than two months after Senate Democrats penned correspondence to Cordray asking for the same thing. Continue reading

The Entrepreneur Roller Coaster Experience

Darren Hardy—motivational speaker, publisher, author and mentor hosted The Entrepreneur Roller Coaster Experience—an eight-hour workshop seeking to help guests become more proficient entrepreneurs by revealing his own strategies for success as well as methods other successful entrepreneurs use. As part of the NAWRB Media Outreach, and being on a NAWRB committee, Yesenia Lopez from Parkfield Escrow, Inc. was able to attend on a complementary pass.

Continue reading