Henry Ford. Warren Buffett. Steve Jobs. Mark Zuckerberg. Elon Musk. Powerful businessmen have been, and still are, talked about on a daily basis. But what about the women? More and more women are starting businesses and leading established, well-known global organizations than ever before. We thought it was time you learned about a few of them. Here are five powerful businesswomen who are paving the way for the generations of women who follow:
While male entrepreneurs may have some advantages other their female counterparts, it doesn’t mean that success is assured. To start a successful business, you have to come up with a great idea; that’s Entrepreneurship 101, right? As you might guess, it’s often easier said than done. What do you do if you can’t come up with something original? What if someone else already had the great idea you wish YOU had? One way is to make that great idea better.
Being an entrepreneur means you have to adapt. In Dan Hermann’s case it meant taking an existing idea out for a new spin. Hermann and his friend Sean McGrail helped turn paint night, or Paint Nite, into a national phenomenon. They weren’t the first to come up with organized painting and drinking parties. Far from it. But instead of using the franchise models that others used, they instead licensed artists. For a cut of the ticket price, artists would book the venues, create the pictures and oversee the events. By 2015 Paint Nite was operating in 115 cities around the world.
The CBD market is literally exploding. In fact, a report by BDS Analytics and Arcview Market Research projects that CBD market sales in the United States will exceed $20 billion by 2024.
Have you ever considered getting into the business? Here’s what you need to know:
They say you can’t teach an old dog new tricks. Of course, anyone who says that probably hasn’t spent too much time around old dogs. You’d be surprised what new tricks their canine brains are capable of. The same might have been said of Anna Mary Robertson Moses, later known by her famous nickname of Grandma Moses. She had spent her life working as a housekeeper and on farms. While she always had an appreciation for art, it wasn’t until the age of 78 that she began painting in earnest. Since then her work has been shown and sold in the U.S. and elsewhere. In fact, in 2006, one of her paintings sold for over a million dollars. You’re never too old to try something new.
It seems crazy to think, but there are plenty of millionaires out there who are still under 25. Some of them are musicians and athletes, of course, but a great many of them are just successful businesspeople with drive and some great ideas.
Many child entrepreneurs start businesses to help others, whether it’s to provide money for charities, or to provide a product or service where they see a need. For example, Brandon and Sebastian Martinez are two typical brothers, except for the fact that they’re passionate about socks. Yes, socks- the thing most kids groan about when they get them for Christmas. The Martinez brothers founded Are You Kidding Socks and use colorful and fun sock designs to generate money and raise awareness for local and national charities including Stand Up To Cancer, JDRF, Autism Speaks and others.
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“We don’t stop playing because we grow old; we grow old because we stop playing.”
~ George Bernard Shaw
Has that humdrum day got you down? Wanna spice up your life? Well, why not bring the Monopoly Man home with you for hours of real-estate mogul inspired adventures? And if the Monopoly Man isn’t your style, there’s Pac-man, the lovable Donkey Kong, competitive Scrabble, lawn bowling and more.
Social distancing has been essential in slowing the spread of the novel coronavirus, allowing our health system to keep up with the influx of patients and increased need of life-saving medical supplies. That’s good news, right? What we’re doing is working. We’re accomplishing what we set out to do.
However, there are many unfortunate consequences that come along with social distancing; including increased feelings of isolation, loss of income, economic turmoil, and a higher rate of depression and anxiety. Luckily for us though, living in the 21st century provides us with tools to soften the blow of some of these issues.
We all know the importance of hygiene in personal interactions. Since you want to put your best foot forward in any professional situation, hygiene is even more important when you’re running a business. You want to be neat, clean and presentable, and your surroundings such as your office should also reflect a professional image. It goes without saying that hygiene just makes good business sense.
In this age of the coronavirus, there’s another, more fundamental, reason for good hygiene. You don’t want to get sick, and you don’t want your customers getting sick. Good hygiene may not completely prevent coronavirus, but it can go a long way to making sure both you and your customers are safe.
We are all always looking for ways to become more productive. Add to that making those ways easy to implement and not require you to turn your daily world upside down. Here is one that made a huge difference for us and our business.
Let me start this by saying being interrupt driven is about the most unproductive way you can be.
Spending time outside and enjoying the fresh air is always a good idea for staying both mentally and physically healthy. But these days, with most of us still being sheltered-in-place, it’s more important than ever to make sure to get some green therapy. There are several health benefits that come along with spending time outside, including:
Do you have a twinge in your neck that just won’t go away?
Has your back been sore for the last couple months?
It may be caused by your new work arrangements.
Many of us are now working from home in an effort to safeguard public health, however, this change may actually be detrimental to our bodies. Implementing ergonomic solutions will prevent musculoskeletal system damage and allow you to feel better and work more productively.
As a business owner, you are sure to see the value of entrepreneurship and likely want to instill those principles in your children. Even if they don’t become the next Steve Jobs, they will learn important life skills, such as critical thinking, creativity, perseverance, networking, budgeting, saving, spending, investing, and more. Here are some resources to get them started:
Struggling to stay productive this spring? Check out our list of the 5 best productivity apps for 2020:
This app was created especially for remote workers, freelancers, and so-called modern teams to up their productivity and accomplish goals. Serene achieves all of this and more by prompting you to set a single goal for the day, which is then broken up into several tasks, so that you are not distracted by tasks that do not help you accomplish your daily goal.
“Believe in yourself and own your own success.”
~ Sheryl Sandberg
Things are looking up for female entrepreneurs. In 2017, more than 11 million U.S. firms were owned by women, employing 9 million people and generating over $1.7 trillion in sales. That’s according to the National Association of Women Business Owners. The organization estimates that nearly one in four businesses are owned by women. It’s not all sunshine and rainbows though. Women entrepreneurs still face a steep barrier, especially when they’re first starting out. The challenges these women face are varied. It might be overcoming self-doubt or struggling to be taken seriously. More practically, women face greater challenges generating the start-up capital they need to succeed.