Money, Mindset and Women | NAWBO

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Money, Mindset and Women

Talking about money makes most women cringe. As a business owner, making money and managing it strategically is one of the foundations of our success.

“Women own 36% of all businesses, according to the 2012 U.S. Census ‒ a jump of 30% over 2007”

“I was angry when I found out that 88 percent of women business owners don’t make more than $100,000 in gross revenue a year”

“If you really want your business to be financially successful, you need to know how to manage your cash flow.”

 

These are some of the profound quotes about women and business and money mentioned in the 6 articles below. We have compiled these articles We are also presenting this topic at our next Lunch & Learn Workshop on Wednesday. (click here to register now!)

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Frédérique i(Fre) Irwin is the Founder and CEO of Her Corner.
On our journey of self-discovery and healing we have worked on healing our bodies and mind. We have worked on healing our connection to our Spiritual self and healing our personal relationships with partners or our children. However the one relationship we have put on the back burner is our relationship with money. To ready the rest of the article from our featured expert, Beth Ann McMerrick, this month, click here.
 
 
 
Credit: Jacob Lund/Shutterstock
Money & Connections are hurdles for women entrepreneurs, according to the 2016 State of Women Entrepreneurs.(BusinessNewsDaily.com, May 2016)
Why the Force Will Be With Women Entrepreneurs in 2016- My 10 reasons the force will be with women entrepreneurs are a mix of marketplace trends, expanding financing options, and the growing recognition that support is needed and is effective. The biggest challenge women face when starting and growing their businesses is access to capital. Female entrepreneurs start companies with 50% less capital than male entrepreneurs. To ready the 10 reasons, click here.
(Forbes.com, January 2016)
 
6 Challenges Women Entrepreneurs Face (and how to overcome them) -
More than 9 million U.S. firms are now owned by women, employing nearly 8 million people and generating $1.5 trillion in sales, according to 2015 data from the 
National Association of Women Business Owners. Although more women are becoming entrepreneurs, they often face a set of challenges not typically shared by their male counterparts.
Read more here
 
Hear Her Corner CEO's Advice To Help Women Entrepreneurs Thrive  With 11.3 million women-owned businesses in the United States currently employing nearly 9 million people, and generating over $1.6 trillion in revenues, the state of women's entrepreneurship in America is looking quite bright.  But although the number of women joining the startup world is growing, and expected to increase, what can women business-owners do to make their companies grow and succeed?
(Forbes.com, September 2016)
 
13 Scary Statistics About Women and Money 
Here's #13: The number of middle and upper income women struggling with debt has risen faster than the number of lower income women struggling with debt. (Women, Debt and Recession, CareOne Debt Relief Services). Read the rest at the link.  (SmartMoneyChicks.com