Women are starting businesses like they're going out of style and the people behind the "Make Mine a Million $ Business Club" are happy to call attention to that fact.
The club, while sponsored by American Express, is based on a national grassroots campaign with the purpose of empowering women entrepreneurs to grow their businesses.
"Women entrepreneurs are the real economic stimulus package," said Nell Merlino, founder and president of Count Me In for Women's Economic Independence, a founding partner of the program.
"Women are starting businesses at almost twice the rate of men, and they are building bigger businesses than ever before," she continued. "In celebrating the success of the Million $ Business Club we are recognizing the contributions women entrepreneurs are increasingly making to their regional and national economy."
While the club includes a plethora of businesses across many industries, twenty new businesses have won awards packages already this year, and more than 5,000 applications are still expected. If you are interested in applying, more information is available here.
Garnett Newcombe, president of Human Potential Consultants, LLC, which happens to be the highest grossing business in the club offers this advice for women entrepreneurs: "If you truly want to grow your business, let go of the day-to-day tasks. Learn to delegate and trust your employees. You'll be amazed to find out you don't have to do it all."
This is sound advice for women and men alike, though I would like to personally add that it helps if you can keep your best employees sticking around.
Upcoming Small Business Events for 2009Save Your Customers Money, Get Them to Spend More with YouBig Week for Women in BusinessEntrepreneurs Still Likely to Start Businesses in 2009Flexibility for Employees Could Mean Money SavedSaving Money is a Huge ConcernHow Much Money are you Throwing Away on Wasted Time?Most Entrepreneurs Fail. Is That Really How You Want to Save Money?Yahoo! Offering Opportunities for Women Entrepreneurs | |||
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Comments
Using a Virtual Assistant
I so agree with Garnett Newcombe about delegating day-to-day tasks to someone else. Working with a virtual assistant is an option for business owners who do not want or need employees and the responsibilities that come with hiring.
Virtual Assistant are independent contractors that support clients with their administrative and other needs virtually from their own offices. Clients only pay for the work that is done and also do not bear the burden of taxes, benefits, office space, utilities, software, hardware, downtime, etc.
RE: using a virtual assistant
Women in Business
All of this growth in the world of the woman entrepreneur is really exciting, and the fact that a major company like American Express is backing it is amazing. More and more companies are starting to back it, I'm actually an ambassador for Microsoft and right now we're trying to reach out and connect with influential bloggers, like you, and try and offer some help to those women trying to get their business started! I'd love to share some information with you on how we can do that!
Best,
Bianca Russo
Official OLSB Ambassador
bianca.russo@live.com
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