Wednesday, March 30, 2005

Does She Need a Corner Office?

True, women are scarcely represented at the pinnacle of Corporate America. Now it can be told why that is.

The assisted departure of Hewlett-Packard (HPQ) chief Carly Fiorina earlier this year reduces the number of S&P 500 female CEOs to eight. In other words, women have about the same representation on America's business A-team that red-headed, Capricorn, Latvian lefties enjoy on the rosters of big league baseball clubs. So, you may ask, why don't more women lead major companies?

Read CEO of online networking organization WorldWIT Liz Ryan's commentary presenting four great theories here.

P.S. As for yesterday's posting wondering how fast women are starting businesses ... is it every six seconds, six minutes or six hours? In an eight hour day, it's about one (1.2) every minute! Ms. Ryan makes note of this fact too in her commentary:

"In the U.S., women start some 400 new businesses a day. And why? Because a lot of them have foolishly walked away from corporate careers so they can build their own empires, often from home and on a shoestring. I can't imagine more incontrovertible evidence that women are quitters."

Tuesday, March 29, 2005

Women In Business Champion of the Year

In Charlotte Business Journal

It seems that every six seconds, six minutes or six days -- who knows how fast it's happening -- a woman who has left corporate America is awarded for doing something extraordinary in a business she creates and owns. In this case, Mary Elizabeth Murphy, managing director of Charlotte-based consulting firm S.T.A.R. Resources, has been named the Small Business Administration's 2005 N.C. Women in Business Champion of the Year.

Read all about Mary's accomplishments right here and, in celebration, let's give her a round of applause!

And remember this: All women who start and run businesses are champions!

Thursday, March 24, 2005

5 Women Who Escaped Corporate America Are Recognized as Top Business Owners in Nation

U.S. Small Business Administration Deputy Administrator Melanie Sabelhaus announced today five outstanding women entrepreneurs who will be recognized as the top women in small business in 2005. The women will receive their awards at SBA Expo '05 in Washington, D.C., during National Small Business Week, April 26-28.

As stated in the release, "These ladies will leave no doubt in anyone's mind that women are the economic powerhouse of the 21st century. They are innovators and job creators and they make clear why women are the fastest growing segment of our economy."

Congratulations to all!

Saturday, March 19, 2005

No Holding Back: Women Sue Small Business Administration Over Missed Goals


Whether it's corporate America or entrepreneurship, there's no holding women back.

Upon viewing the disturbing results of a recent U.S. Women's Chamber of Commerce national survey of women business owners which found a remarkable 62 percent unable to access capital they need to be competitive -- despite their preparedness and available collateral --, the leaders of the USWCC decided to take dramatic action.

Sunday, March 13, 2005

Women Hold Steady In Businesses


Women entrepreneurs are taking care of business.

A look at trends reported recently in releases from the National Women's Business Council and Women's eNews, an independent nonprofit news service, support that premise.

The NWBC, a bipartisan federal government council created to serve as an independent source of advice on economic issues related to female business owners, said women-owned firms continue to show strength.

But in a survey conducted by the business council, nearly half of the African-American women business owners said they had encountered obstacles or difficulties when trying to obtain business financing in the past, compared with 28 percent of white women, 27 percent of Latinos and 22 percent of Asian women business owners.

Any ideas? Staff writer of article Gail Kelley can be reached at (804) 775-8137 or Send her your thoughts!

Tuesday, March 08, 2005

30 Million Women Entrepreneurs Are Poised To Take On The World!

New Global Entrepreneurship Monitor (GEM) Report On Women's Entrepreneurial Activity Released Today (3/8/05).

Forty-one percent of entrepreneurs are women, according to a cross-national study of thirty-four countries. The first Global Entrepreneurship Monitor (GEM) report on women’s entrepreneurial activity was released today by The Center For Women’s Leadership at Babson College.

The GEM 2004 Report on Women and Entrepreneurship provides an in-depth global look at women’s entrepreneurship and highlights the important role that women play in developing and developed economies.

”The GEM study on women’s entrepreneurship emphasizes the critical role women have in new venture creation and provides insights to inform policies focused on increasing and extending the scope and reach of their entrepreneurial activities,” said Dr. Nan Langowitz, Director of the Center for Women’s Leadership at Babson College. “These findings support our goal of understanding, featuring and supporting the entrepreneurial efforts of women worldwide. ”

To download the powerful report, visit:

GEM on Women's (Global) Entrepreneurial Activities