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Volume 1, Issue 16
Volume 1, Issue 16
August 16, 2007
By Susan L. Reid MS, DMA
Small Business Start Up Coach & Online Accidental Prenher™
An online newsletter about how to start up and successfully launch small businesses for entrepreneurial women who are ready to transform their lives and make a difference in the world, turn their passion into a profit, and bring in a six figure income.
In This Issue
Today’s Topic: Women Small Business Owners
Upcoming Book Announcement
Business Quote from Hillary Rodham Clinton
Now Is a Great Time to Be a Women Small Business Owner
Accidental Pren-her Blog Highlights
HOT OFF THE PRESS! My newest booklet!
This e-Zine is intended to be read in 10 minutes or less, with many of the articles offering links to further information. To ensure we continue to capture the most important issues regarding the successful start up and launch of small businesses, we are keen for our readers to interact with us and let us know what’s on their minds. Speak up and be heard at: Susan@LaunchYou.com
To subscribe to this e-Zine click here.
To read our blog go to: http://susanreid.typepad.com
Note From Susan
Greetings, Fellow Entrepreneurs!
This week’s e-Zine issue is about being a Women Small Business Owner.
Starting us off is an update on my upcoming book launch. From now on, I’ll give you an update in every issue so you can be sure to be right here with me, sharing in the excitement of the moment.
You’ll notice two big changes regarding the book since the last e-Zine: First is a title change, and second is a new release date.
Next up is a fabulous quotation from Senator Hilary Rodham Clinton about women taking responsibility for themselves.
Following that is an article about why this is a fantastic time to be a woman small business owner. If you are just now thinking about becoming a business owner, your couldn’t have picked a better time to start up. If you’ve been in business a few years already, you are on the leading edge of a movement that is sweeping the country. If you’ve been in business for many years, this is a perfect time to revamp, expand, and grow your business. 2007 is a fantastic year for women owning small businesses.
Then, to continue with your reading pleasure, I’ve included some of this week’s blog highlights. You will want to listen to Pam Peyron’s inspirational interview, watch J.K. Rowling’s interesting A&E bio clip, and see the unveiling of our new Inner Samurai moniker that Dana Weekley of NineTomatoes drew for us.
Finally, my latest publication: a 15-page booklet of 62 ways to boost your success. Make sure you check it out! Click here to know more: http://www.alkamae.com/product.php?id=86
**Thank you** To everyone who has visited by blog and left a comment!
Upcoming Book Announcement
In the world of publishing, there is always something changing. Something being updated. Something new. This week, my book has a new title:
Discovering Your Inner Samurai
The Entrepreneurial Woman’s Journey to Business Success
Seeing the title change on my web site, www.alkamae.com, one of my clients asked me last week if I had another book coming out. I loved that question! I can see how all the name changing can be a bit confusing. So, for the record. I have one book coming out, my very first book ever. Same book, new title.
Second, the launch date is now estimated to be during the second week in October.
Third, there will be a pre-sale launch for those of you who would like to purchase the book at the pre-publication price. That will be a 20% discount, and I will keep you posted on that as we go along.
Finally, great news . . . if you are a current client of mine at the time of the book launch, you will receive a FREE book!
Business Quote Of The Week
There cannot be true democracy unless women's voices are heard. There cannot be true democracy unless women are given the opportunity to take responsibility for their own lives.
- Hilary Rodham Clinton
For more business start up quotes go to: http://www.alkamae.com/articles.php?cat=50
Now Is a Great Time to Be a Woman Small Business Owner
In the last 20 years, where women work, how women work, and what kinds of jobs women are seeking have changed.
As more and more corporations have re-organized and downsized, as more children of Baby Boomer mothers are leaving home, and as more traditionally employed women are waking up to the fact that they want more out of life than just simply getting a paycheck, the world of small business ownership is exploding.
As a whole, the United States is becoming more entrepreneurial. More than 1/3 of all people involved in entrepreneurial activity are women. According to an April 2005 report by the U. S. Small Business Administration, Office of Advocacy and Business Times, there are an estimated 10 million privately held businesses in the United States that are owned by women.
More people own small businesses in the United States than ever before. According to the U. S. Small Business Administration’s report dated June, 2006, it is estimated that there are 25.8 million small businesses (including self-employed and sole proprietors) in the United States. According to the same report, over the last decade small businesses have generated 60 to 80 percent of new jobs, and they employ 50.6 percent of the country’s private sector workforce.
In addition to starting new businesses, there are also an increasing number of entrepreneurial Americans who are buying existing small businesses, instead of starting their own. According to a report by Wachovia, small business acquisitions are growing in popularity. On any given day in the United States, 1.7 million businesses are for sale.
Why Women are Starting Businesses
Women are starting businesses for two main reasons: lifestyle and money. Many run their businesses from home so they can be there for their children, instead of being dependent on daycare and other non-family support care.
Other mid-Baby Boomer women (those in their 40s) have achieved a level of success in the traditional workplace and are striking out on their own, eager to call their own shots and take charge of their financial futures.
Older Baby Boomer women are retiring early to start new businesses. According to AARP, entrepreneurship is growing in those 50 years and older. In addition, they predict that people who take early retirement or whose jobs just disappear will drive solo business formation in the future.
Two Greatest Challenges to Women
The greatest challenges for women starting up businesses are access to capital and general lack of know-how. However, these challenges are not stopping women from starting up. Today, women have the same access to money as men do. In fact, many start-up fund sources are specifically targeting women through grants and new venture capital.
Women can be as creative in their approach to money as they want to be, making use of incubators, partnerships, or more traditional methods of funding such as home equity lines of credit, angel funding, or commercial loans.
Women are also realizing that, just because they don’t have a business degree, it doesn’t mean they won’t be successful at running a business. Accounting needs can be outsourced. Teleseminars can be taken. Books can be read. Questions can be asked. Experience can be gained. Women know that they don’t have to do it all by themselves!
In addition, women are finding that their life and work experiences count for something when starting up a business. They recognize the treasure-trove of applicable, relevant experience that they have amassed over the years and are tapping into these storehouses for their start-ups. Moreover, they know that whatever they don’t have right now, they can learn as they go.
If you are a woman considering small business ownership, this is a perfect time for you. Don’t let lack of money or expertise stand in your way. Have confidence in your valuable life experience, and draw from it when starting your business. Then get creative about funding.
Never before have banks and other creative lending sources been more supportive of women-owned small business start-ups.
Accidental Pren-her™ Blog Highlights
You can find our new blog, at: http://susanreid.typepad.com
In the Accidental Pren-her™ blog, I write about the process of turning entrepreneurial women into successful small business owners. It’s a great place to come and build community while embracing your inner Samurai.
Each week, I will post four different segments with the entrepreneurial woman in mind. They are:
- Monday--interviews and stories about Accidental Pren-hers
- Tuesday--alchemic wisdom from the inner Samurai
- Wednesday--reflections on the pren-her life
- Thursday--a book review from the inner Samurai bookshelf and pren-her reading room
Here are the articles I've added to the blog in the last couple of weeks. Just click through on the link to reach each post.
Standing Totally in Awe of J.K. Rowling - You've got to read this blog post, if only to watch her A&E bio clip. It’s most inspiring and insightful.
Accidental Pren-her Pam Peyron - Last month, I interviewed Accidental Pren-her Pam Peyron for this month's broadcast of Stories of the Unexpected. You’ll want to listen to her interesting and inspiring story.
Intuition and Your Inner Samurai - What is intuition? Have you ever really thought about it? This blog post will tell you more.
The Strength of Intuition - This post lists eight quotations from famous people from different walks of life for you to ponder.
New Inner Samurai Look - Click on this link to take a look at our new Inner Samurai. Client Dana Weekley of NineTomatoes is the artist. Thanks Dana!
If you'd like to receive email notification whenever I add a post to my blog, enter your email address into the upper left corner of the blog. After you click on the confirmation email from Feedblitz, you'll be all set!
You can find our blog, at: http://susanreid.typepad.com
Weigh in. Make a comment. Let us know what you think!
Hot Off The Press!
62 Ways to Boost Your Business Success
A Collection of Essential Tips from Networking Experts
Featured in this 15-page booklet are Susan L. Reid’s tips about “Networking for Entrepreneurial Women.”
This handy booklet offers practical and immediately useable networking insights for the small business entrepreneur. Perfect for women entrepreneurs, these surefire tools and techniques will work for you no matter where you are in the world or in your business development.
Here are three of the topics featured in this booklet which are especially valuable for an entrepreneurial women's business network:
- Product Networking Tips
- Networking and Staying Connected
- Networking Online
All yours for the hot-off-the-press price of $5. Immediately upon purchase, a .pdf will be made available for you to download, so you can get started. Then, a hard copy of the booklet will follow shortly.
Click here to order: http://www.alkamae.com/product.php?id=86
That’s all for this issue, folks.
Until next time, happy launching!
Susan L. Reid, MS, DMA
Small Business Start Up Coach & Online Accidental Prenher™
At Alkamae we specialize in launching successful small businesses one woman at a time.
p.s. Below are the “Hot Links” to our most frequented and requested sites:
Small Business Start Up Coaching for those who are ready to partner with a small business coach and position your new business for success: http://www.alkamae.com/product.php?id=9
Link to our Ready to Launch Power Pack Combo that includes our free e-book Are You Ready to Jump the Corporate Ship? Here’s How to Know! This free e-book and accompanying audio will lead you, step-by-step, through the process of deciding whether you are ready to jump the corporate ship and embark on the magnificent journey that will lead you to set-sail on your very own entrepreneurial ship.
Recommended reading for successful small business start ups: http://www.alkamae.com/resource-links.php?id=16
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Copyright ©2007 by Susan L. Reid, MS, DMA. All Rights Reserved.
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