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Welcome to the WISE newsletter, a program of
The Falcone Center for Entrepreneurship at Syracuse University
 

Tuesday, April 01, 2008

WISE 2008: Sharon Hadary, Executive Director, Center for Women's Business Research

Each year, one of the speakers reviews the state of women entrepreneurship. Dr. Sharon Hadary did so in a lively manner. She gave us many facts and pointed us to her web site for additional information (www.WomenBusinessResearch.org).

Here are some key thoughts from her presentation:
  • In the U.S., women-owned businesses employ 13 million people.
  • New York State ranks #2 in the number of women-owned businesses and #5 in the growth rate for women-owned businesses.
  • Entrepreneurship is a home for diversity.
  • 90% of women-owned businesses are actively trying to grow their businesses.
  • 3% have revenues over $1 million. For men-owned businesses, that's 6%.
  • When you structure your business, focus on growth.
  • Your goal is the most important factor in your business.
  • Women-owned businesses take thoughtful risks.
  • Women-owned businesses are more likely to adopt new technologies as a way of creating workplace flexibility.
Hadary then gave us her top 10 tips:
  • Define success in your own terms.
  • Be values based.
  • Acknowledge your own power.
  • Trust your instincts.
  • Set high goals.
  • Nurture the Midas touch.
  • Treat your time and energy as a scarce and valuable resource.
  • Invest in yourself.
  • Build multiple support networks.
  • Always live time for serendipity.


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2 Comments:

Anonymous Tanya Middleton said...

The glass cieling is constantly being shined and manicured in my presence, reminding me that my womanhood is an illegitimate resource of power. As women, it is in our hands to create a strong workforce that enables growth and sustainable success in business.I actually work with Microsoft, and right now I’m really excited to spread the word about the “Vision to Venture” tour they’re having between April and May, which will consist of five live events. Featured speaker, Rich Sloan, is chief “startupologist” and co-founder of StartupNation, a leading online business advice and networking website for entrepreneurs, as well as many others. Our first event was momentous and we hope to continue on with our success. You can see more and register at http://smallbusiness.officelive.com/v2v/ so let me know what you think! And if you have any questions, I’d be more than happy to answer them 

2:19 PM  
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