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Women Entrepreneurship
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Transcript
Women entrepreneurship is growing out of control. Many economies across the world are seeing more women entrepreneurs than ever. Just in the U.S., there has been a 58% growth since 2007 in the number of women on businesses but the total number of new businesses has only grown 12%. In the UK it has grown 45% between 2013 and 2016. In the U.S., 12 million firms are owned by women, generating $1.7 trillion in sales and employing 9 million people. Women are still facing several challenges in different industries but overall, the performance is outstanding. Andrew and Jessica are bringing a couple of great women to this episode, who will share not only their expertise in their own businesses but also their backgrounds as entrepreneurs as well.
Key Takeaways
[7:32] Heidi Ganahl
[7:59] Trends in women entrepreneurs.
[09:42] Achieving the confidence to succeed.
[11:15] Why there are fewer women who sell.
[13:51] Advice for women who are building companies.
[16:14] The story and mission of SheFactor.
[18:38] Deal of the week: Patrick Bombardiere (Rocky Mountains). CPR Instruction business owned by a woman for 15 years. The buyer was a former professor. SDE: $90,000. Sold at $250,000. SBA loan.
[22:14] Laura Rich, Founder of Exit club.
[23:05] How Laura Rich became an entrepreneur?
[24:26] Why Laura Rich decided to exit her company and start something new.
[26:42] Trends in women exiting business.
[30:53] Women tend to listen to men.
[31:34] Valuation and value of the business.
[33:34] The Exit Club.
[36:10] Moving on to the next chapter of your life after exiting a business.
[37:34] The emotions engaged while exiting a business.
[38:57] Laura’s advice for women thinking about becoming entrepreneurs for the first time.
[41:03] Listing of the week: Steven Wright (Raleigh, North Carolina). Restaurant. Great reviews. Landmark in Raleigh. Price: $995,000. SDE $400,000. Great books and records. 10,000 feet of property also for sale.
Show Notes
Steven Wright (Raleigh, North Carolina). Restaurant. Great reviews. Landmark in Raleigh. Price: $995,000. SDE $400,000. Great books and records. 10,000 feet of the property also for sale. Call Steve at 919-379-5776.
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