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  • Monday, December 14, 2020 8:30 AM | Anonymous

    My life story is one of breaking barriers and championing inclusion, on and off the court. Coming up in a predominately White male sport, I have been underestimated and underpaid throughout my career. Now, as a venture capitalist investing in early-stage startups, I see myself in the Black female founders who are often counted out right from the start.

    The Black female founder begins her fundraising journey already down a match point. Black women face a unique set of challenges colored by misconceptions of both race and gender. Investors notoriously doubt female founders, typically focusing investment analysis on the potential risks and losses of female-founded startups. They often assume that women-founded companies are more likely to fail. With male-founded startups, investors take a more optimistic approach, focusing on founders' potential to capture market share and drive the accelerated growth necessary for massive financial returns. Meanwhile, Black founders contend with systemic inequity at each step of their journey. Investors expect to see more traction from Black founders than their White counterparts, and will often question their technical expertise and market understanding.

    Black female founders exist at the intersection of these challenges, making it exponentially more difficult for them to get the funding they need.

    And then there's the problem of the network effect.

    To raise your first million, you need to raise your first check. That can be notoriously difficult. Entrepreneurs often turn to their friends and family to raise capital, a luxury reserved to those with wealthy networks willing to bet thousands of dollars on a person with a good idea.


    Click Here to Read the Rest of This In Depth Article!

  • Monday, December 07, 2020 8:00 AM | Anonymous

    Accenture CEO Julie Sweet and General Motors Chairman and CEO Mary Barra top the new 2020 list of Fortune's Most Powerful Women in Business, which was released Monday.

    Because of the multiple crises marking this year -- the pandemic, economic shocks, an overdue reckoning with racial injustice and climate change disasters -- the criteria to determine who should make the top 50 list was expanded this year.

    "Simply put, 2020 is the year when we said a final goodbye to business as usual," Fortune writers noted in their introduction to the list.

    So, in addition to considering the size and health of a woman leader's business in the global economy, her social and cultural influence, and the arc of her career, Fortune added a new element: how individual women leaders were using their power and influence to shape their companies and the world for the better.

    Sweet takes the No. 1 spot for running a professional services firm with more than half a million employees in 51 countries who are helping clients figure out the "new world order." The firm gets the majority of its revenue from clients in the cloud, digital and security businesses. And, as Covid-19 hit, "the company tapped into that expertise to help connect the UK's 1.2 million National Health Service workers remotely and to partner with Salesforce on contact tracing and vaccine management technology," Fortune noted.

    Click Here to Read The Rest of the Article

  • Monday, November 30, 2020 2:00 AM | Anonymous

    Women entrepreneurs tend to be stuck at the lower end of the business value chain, while their male counterparts make more profits at the high end. The ILO has developed a five step model to help women cross the business gender divide.

    ***

    Walk through any town or village in my home country, the Democratic Republic of Congo, and you’ll see a multitude of hairdressing businesses, most of them run by women. They are mainly plaiting, cutting and styling but this is not where the real money is made. Their businesses remain on a plateau, never really moving forward.

    Then you find small factories producing the hair products used by these women entrepreneurs. In most cases, the factories are owned and run by men, who have found a way to tap into more lucrative segments of the chain.

    You see this business gender divide in many parts of the world, where women are stuck in the lower ends of the value chain or where they are concentrated in traditionally female, low income sectors.

    Take Somalia for instance, in my role as lead technical officer of the ILO’s Women’s Entrepreneurship Development (WED) team, I have spent time with Somali business women, who are working in the dairy chain. They may own one or two cows and sell the milk in the market or on the streets of the capital Mogadishu. Most do not think of moving into other more profitable businesses, partly because milk production is often handed down in the family and is seen as a woman’s traditional role.

    I’ve also met entrepreneurs working in Somalia’s more profitable renewable energy sector, which is dominated by men, most of whom would not consider working in the dairy sector because it’s seen as ‘women’s work’.

    Our aim in the WED team is to help women ‘add value’ to businesses they may already own in essential and female dominated sectors, and to encourage them enter more lucrative sectors, often growth-oriented and male-dominated. We have developed a five-point business upgrading model to help make this happen:

    • Identify and assess the best sectors where women can establish and grow their businesses. This includes sectors where women already have a significant presence, and those that are traditionally male-dominated, which women can be encouraged to enter.
    • Deliver tailored business support, including entrepreneurship trainings, business continuity management, and soft skills training that cater for women’s and men’s needs. By working with local business support organizations, we ensure that these services sustain and remain available even after projects have ended.
    • Help business women access markets by working with government and the private sector to promote hiring and purchasing policies that benefit and include women owned and led enterprises; and by helping women entrepreneurs succeed in bidding processes, equipping them with market information, and supporting them to meet standards and requirements.
    • Make finance easier to access by connecting women entrepreneurs with different financing options, including conventional financial institutions, as well as less conventional financing mechanisms, such as impact investors.
    • Strengthen women entrepreneurs’ voice and representation by building peer-to-peer support networks, and facilitating their participation in key associations and platforms. Through soft-skills development and strengthened networks, the aim is also to empower and encourage women entrepreneurs to grow their businesses and enter and succeed in male-dominated sectors.
    To read the rest of the article, CLICK HERE.
  • Wednesday, November 25, 2020 2:00 PM | Anonymous

    Existing inequities have been magnified during the economic troubles, business leaders say.


    Photo Credit: AAron Ontiveroz, The Denver Post,

    Article By Judith Kohler of The Denver Post

    Alicia Scott inspects her roof on Tuesday, Nov. 17, 2020. Alicia Scott, founder and CEO of Roots to Roof, is a member of an organization started by the company Just Fearless to help women stay in business.

    Alicia Scott went from answering phones and doing the filing at a roofing company to being a production manager and then a vice president. She then struck out on her own.

    “A couple of years ago, I decided I had enough working crazy hours and being the first one in and the last to leave,” Scott said. “I decided that it was time to make a change, so I started my own company.”

    Scott, who lives in Golden, started Roots to Roofs in 2017, offering landscaping and exterior construction services. Her staff grew to eight full-time employees, but has been cut in half since the coronavirus pandemic exploded. The company’s revenue has dropped by 40%.

    “We’ve tightened up ship quite a bit. We’re not taking on any marketing, stuff like that,” said Scott, when asked if she thinks her company can hang on. “But it’s been difficult.”

    Weathering the pandemic has been rough for many businesses, but a recent report released by the U.S. Chamber of Commerce said female-owned small businesses have been disproportionately affected. A survey by Ipsos found that the businesses were more likely than those owned by men to report a significant decline in the health of their business since the pandemic started. They were also less likely to be planning new investments for the coming year.

    Before the pandemic, 67% of the male owners described the overall health of their business as “somewhat or very good,” compared to 60% of female-owned businesses. In July, 62% of male owners still described their businesses that way, while only 47% of female owners did.

    “When you look at the broader context, it is a giant alarm bell,” said Tom Sullivan, vice president for small-business policy at the U.S. Chamber of Commerce.

    That’s because over the last five years, female-owned businesses, about 42% of the small businesses nationwide, saw their employment grow 8%, compared to just 1.8% for all businesses, according to a 2019 report by American Express. The number of female-owned small businesses increased 21% during that period compared to 9% for businesses overall.

    Sullivan said it’s troubling to see the fast-growing segment of the small-business economy losing steam.

    There are 139,760 female business owners in Colorado, accounting for 39.8% of all business owners in the state, according to a new report by Self Financial, which helps build and improve credit. Colorado has the 14th-highest percentage of female business owners.

    The pandemic has magnified inequities faced by minority- and female-owned businesses, like access to loans and other capital, Sullivan said. Compounding the challenges is that many female-owned businesses, such as retail shops and hair salons, rely on foot traffic and are more vulnerable when restrictions are imposed.

    More federal help is needed, Sullivan said. The chamber is pushing for bipartisan support for more stimulus funding.

    Kisha Mays, founder and CEO of Just Fearless and an angel investor, said she believes it’s a matter of when, not if, Congress approves more money to help businesses cope with the pandemic.

    “But that next bill of coronavirus relief won’t happen at least until maybe February 2021,” Mays said. “And you still have Thanksgiving, Christmas, New Year’s — three months essentially. How are these businesses that need help now supposed to wait for three months and hope they’ll get help?”

    So, Mays, whose company works with primarily female-owned businesses, sped up a grant program that was in the works. One of her ventures, HERstory Connections, a support network for female entrepreneurs, closed the first round of applications for $5,000 grants and expects to open another.

    “It might help them pay rent for a month or two. It might help them make payroll,” Mays said.

    Her long-term goal is to see 1 million female business founders produce a minimum of $1 million in annual revenue by the end of 2025. Mays said less than 2% of female-owned businesses now generate at least seven figures in annual revenue.

    “We start businesses at a faster rate than men but we get funded at a slower rate,” Mays said. “And now you see them struggling.”

    Scott, the roofing company owner, didn’t apply for a grant or other funding but has turned to women’s business organizations, including HERstory, for support, networking, training sessions and other resources.

    “Just having someone to talk with and connect with, to be able to get through whatever challenges we’re going through, that’s been really big for me.”


    Click Here for the Link to Denver Post Article





  • Monday, November 16, 2020 9:00 AM | Anonymous


    In October, the Nobel Prize for chemistry was awarded to two women, Emmanuelle Charpentier and Jennifer A. Doudna for the development of a method for genome editing called CRISPR. This is the first time two women have won this prestigious prize and is a timely signal of the growing role women play in health-related fields. 

    While specific data is hard to find, anecdotal evidence seems to show more women are founding or leading efforts in the healthcare and life sciences industries. And even though women still lag men in the percentage of healthcare leadership roles, with only 13% serving as CEOs and 30% being part of C-suite teams, they tend to be better represented at the top versus in other sectors like financial services or technology. 

    Lygeia Ricciardi, Chief Transformation Officer of Carium attributes some of this larger role to simple volume. Given that women make 80% of the healthcare buying decisions in the United States and make up 65% of the healthcare workforce, she says it’s “only natural that we have strong opinions and insights into how to make it better.” And she sees lots of room for improvement, pointing to the opportunity to help people – especially women – use digital tools to better manage and improve their health. 

    Astarte Medical cofounder and CFO Tammi Jantzen echoes this point. “Women are the Chief Medical Officers of the home. It only makes sense that more women are leading companies in healthcare – they know their customer because they are their customer.” Jantzen also believes that as discussions about women’s issues like sexual and reproductive health become less taboo, more female entrepreneurs are seeking solutions.

    Perhaps this helps explain the sudden and explosive growth of what’s been termed femtech. This subcategory of healthtech focuses on approaches and solutions for women’s health issues. At least $241 million in venture capital funding flowed to this sector in 2019 alone, with Frost & Sullivan projecting a market potential of $50 billion by 2025.


    Click HERE to read the Rest of the Article.

  • Monday, November 09, 2020 4:00 AM | Anonymous

    Pre-Order "Girl, F*ck This, Permission Granted

    By Justine Evirs

    Quick Video Introduction by Justine Evirs


    About "Girl, F*ck This":

    This book is a permission slip for womxn around the world to follow their intuition, step out of line, and make their own rules. The author shares a powerful tell-all that will leave you thinking, “I thought it was just me.”

    Synopsis:

    Mental health is quickly becoming less of a taboo topic and more of real concern, due to world cultural riots, manifestations, isolation, unemployment, suffering economies …. the system's are crumbling around the pandemic. From which, womxn are the most affected ones. The reality is that as womxn continue to climb social ranks, they continue to deal with multiple traumas surrounding sexual abuse, physical abuse, post-partum trauma, depression, anxiety, PTSD, and even addiction. The real problem womxn are facing is the repression and invisible shackles we keep on ourselves due to the stigma of weakness our cultural and social heritage promotes. We are avoiding the inner and outer roadblocks within ourselves, which lead to a recession in all manners.

    During the author's time in service in the United States Navy, a decade of serving the transitioning military community, and as the President & Founder at The Paradigm Switch, the author saw herself and other womxn struggling in key areas day in and day out. She found that her experiences were very common and that she wasn’t alone in her "secret" feelings. The more she encouraged vulnerable and honest conversations with womxn she worked with, the more she discovered how they were struggling with the same things as her.

    “Girl, F*ck This” will provide a tangible path toward the author's vision of authentic and courageous leadership. This book will help womxn to create their own rules, provide permission for them to stop living their life for others, face their own roadblocks, and accept permission to stop participating in destructive behavior. Each chapter the author will highlight a collection of personal experiences as an opportunity for the reader to relate to. At the end of each chapter, the author will provide an invitation for the reader to participate in journal prompts and healing personal reflective work. If you purchase, read, and participate in the activities in this book you may find the courage to slow down, trust yourself, forgive yourself, and or begin to build a life that serves you as much as you serve everyone else.

    The author is a Navy veteran, military spouse, and social entrepreneur who is no stranger to overcoming obstacles and finding the courage to create a better way forward for those after her. Currently, she is serving as the Founder & CEO of Courage to Create which teaches womxn, entrepreneurs, artists, and executive-level leaders how to trust their instincts and embody their creativity. In her spare time she serves as the President & Founder of The Paradigm Switch; a global non-profit that teaches military spouses how to design a life they can take anywhere in the world. There she leads and manages a volunteer team of 15 people in 8 different time zones and a global network of 2,000 military spouses (92% women) from around the globe.

    Justine is redefining the word innovation and believes that everyone has the ability to innovate in their own unique way. Justine believes that we must not only learn how to anticipate change but we also must learn how to create it.


    About the Author:

    Justine Evirs is a Navy veteran, Stanford GSB Alumni, powerhouse innovator & visionary who is on a mission to inspire people how to use the power of innovation to defy the odds. She is the Founder & CEO of the Courage to Create & the Protecting Courage Podcast which is a global movement of individuals who are willing to overcome challenges and find the courage to create and lead change in service to the future of human beings around the world.

    In her spare time Justine serves as the President & Founder of The Paradigm Switch; a global non-profit that teaches military spouses how to build a life they can take anywhere in the world.

    Justine is apart of an elite group of the next generation of social entrepreneurs as a 2019-2021 Summit Fellow. As a Summit Fellow, Justine has access to the top world social business leaders, artists, chefs, scientists, actors, private events, mentors, and other social entrepreneurs around the world.

    Some describe Justine as, “a powerful woman who has a whole lot of humility and just the right amount of sass.” Her deep sense of purpose to use the challenges she is overcoming in service to others is what sets her apart from other entrepreneurs and business leaders.

    Justine is currently residing in Kyiv, Ukraine with her active-duty military husband of 16 years and their 3 children.


    Let's Support and Pre-Order Today!



  • Monday, November 02, 2020 8:00 AM | Anonymous

    Confidence was created by Gabby Goodwin, the youngest ever to receive the South Carolina Entrepreneur of the Year and Black Enterprise Teenpreneur of the Year.


    She is a young teen who solved the Age Old Problem of disappearing hair barrettes by inventing Gabby Bows. With guidance from her mother, she created the first patented double face and double snap barrette.


    She also created a girls natural hair products to make styling easier. Let's show some support for this incredible young entrepreneur who has built a Six Figure business by the time she was 13!




    Check out more details at www.gabbybows.com


  • Sunday, November 01, 2020 8:00 AM | Anonymous

    We Are So Excited to Announce Our New Business Grant to Get Critical Funding to Female Founded and Owned Businesses , Who Are HERstory Connections Members, Quickly.




    Click HERE to Apply Today

  • Tuesday, October 27, 2020 8:00 AM | Anonymous

    Congratulations to our HERstory Connections VIP Gold Member, Jennifer Vollbrecht for winning the annual Melissa Washington Small Business Awards.


    Jennifer is the Founder and CEO of J. Vollbrecht Consulting Inc. The focus on excellent project delivery, project management, process development, project controls and risk management. Their objective is to always meet and exceed client expectations through effective use of expert teams, streamlined processes and utilizing technology to achieve the best possible outcome for projects.



  • Monday, October 19, 2020 5:00 AM | Anonymous


    The founder of the SheWorks! and Transparent Business shares its experience and the key for women entrepreneurs to obtain financing for their startups.


    Silvina Moschini is CEO and founder of SheWorks! A platform that connects professional women with companies around the world, in the same way, allows them to work remotely and in flexible hours that adjust to their needs and is president of Transparent Business , a remote work team management platform.

    While many companies suddenly had to make the transition to remote work in the wake of the pandemic, she already had the advantage of using the necessary software to have people working in a virtual and organized way. "We don't have offices, we never had them and we won't have them," Moschini says.

    “Transparent Business is a company that is already worth 500 million dollars today, and by the end of the year we are going to do what is called a mini IPO, a public offering of shares that will take the company to be worth a trillion or 1,000 million, It is as we say, this is going to be at the end of the year. Next year our goal is to carry a large IPO, from $ 10 billion to $ 10 trillion, ”says the entrepreneur.

    The challenges women face when undertaking

    The businesswoman says that the term "unicorn" corresponds to being able to achieve a larger company and "pink" attributes it to the female leadership style, hence the term pink unicorn.

    “It is much more difficult for women to undertake because it is a great challenge for us to make companies that are truly great, among other things because it is very difficult to get capital. In addition to the fact that there are a lot of other factors that make it not very easy for women or we do not get involved in projects that have to do with cove ventures, many times we go for smaller and more beautiful projects, linked to more initiatives. girls, less scalable stuff, and the pink unicorn concept is precisely a $ 1 billion company at least, ”explains Moschini.

    Nowadays, it is becoming very fashionable, because traditionally the male leadership style is linked to a tougher, more assertive issue and in times of crisis, women contribute in more inclusive, conversational and participatory ways.

    To Read the Rest of the Article CLICK HERE.

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