The Surprising Differences Between Men’s and Women’s Motives and Obstacles in Becoming Entrepreneurs

A new survey exposes perceived obstacles to success in entrepreneurship based on gender. August 3, 2018 3 min read Stereotypes can limit founders, regardless of whether a person’s circumstances truly do limit them. A venture capitalist might think, “She’s a mom, she’ll be burning the candle at both ends if she tries to start a company,” even if the aspiring entrepreneur doesn’t have a single doubt about her ability to balance business and family. Women-led early-stage VC firm Illuminate Ventures recently surveyed a small group of tech company founders who raised VC funding in 2017 to gauge what motivates women and men to start businesses, as well as what deters them. From there, Illuminate also questioned VCs about their perceptions of founders of both genders, based on common circumstances that one might assume would help or hinder them. Across both groups, the firm collected 400 responses, according to TechCrunch. In […]

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‘Tonight, We Stand Here, and It Feels Like We’re Finally Winning,’ Say Sexual Abuse Survivors in Inspiring Speeches at ESPY Awards

More than 140 women, including Aly Raisman, Sarah Klein and Tiffany Thomas Lopez, took the stage to receive the Arthur Ashe Courage Award. July 19, 2018 5 min read At the televised ESPY (Excellence in Sports Performance Yearly) Awards Wednesday night, one of the centerpieces of the event was the presentation of the Arthur Ashe Courage Award. This year, a group of more than 140 women took the stage to receive the award, all of whom are survivors of sexual abuse. The award honored the hundreds of women who were victims of abuse by former U.S.A. Gymnastics doctor Larry Nassar over multiple decades. Nassar was imprisoned on child pornography and sexual abuse charges after The Indianapolis Star reported on a pattern of incidences. At last night’s ceremony, the survivors spoke about the experiences they endured in a video that played prior to a series of remarks by current and former […]

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How This Instagram Artist Turned Her Passion for Fashion Into a Freelance Career

Jeanette Getrost has illustrated collections, product packaging and even party guests for fashion and beauty brands. July 18, 2018 11 min read Editor’s note: In this series, Instagram Icon, Entrepreneur speaks with the individuals behind popular Instagram accounts to find out the secrets of their success. Like many millennials, Jeanette Getrost developed her aspirations first through television, then through social media. She was in junior high when the Style Network channel debuted, and tuning in led her to dream of a career in fashion. What her job would be, exactly, she wasn’t sure. “I assumed that you could either be a designer or a model,” Getrost tells Entrepreneur. “I didn’t really understand the industry, so I would just draw clothing a lot. I didn’t know that fashion illustration was even a thing.” To develop her skills, she took drawing composition classes at a local college, meanwhile learning about and Googling […]

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Build-A-Bear Workshop Is Caught Off Guard for Its ‘Pay Your Age’ Promo and Forced to Turn Away Customers

The company says it experienced ‘unprecedented’ customer turnout and provides a lesson on preparation for entrepreneurs. July 13, 2018 4 min read Build-A-Bear Workshop generated buzz on social media leading up to Thursday’s “Pay Your Age” sale, calling the upcoming promotion its “biggest deal EVER.” The company, which allows children to construct and decorate their own stuffed animals, expressed on July 11 that it had received “unprecedented response” from customers leading up to the event, which would allow customers to pay their age to take home a bear or other species of “furry friend.” In other words, for $5, a 5-year-old could walk out with a newly made stuffed animal (with sound effects and accessories available for an extra cost).  Build-A-Bear posted a note to its official Facebook page explaining that employees at its stores were “anticipating the potential of long lines and wait times.” Despite the warning, turnout exceeded […]

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10 Entrepreneurs Behind Finance Companies Share What They Think About Money

Founders of Robinhood, Kabbage, Wealthfront and more share their wisdom on everything from saving to investing to the power of new technologies. July 12, 2018 6 min read Good sense about money is one of those things that most of us have to learn the hard way, and that’s also true of many of today’s top entrepreneurs in the money management and fintech space. They’ve had their share of bad investments (Enron, anyone?), waited too long to build credit and didn’t think long term about what it would take to reach their savings goals. The tools they and their teams build address many of these issues, some involving AI to help the average person balance their financial priorities and make personalized decisions. Others automate saving so you can “set it and forget it” and your hard-earned cash starts compounding well before your retirement years. Others help you budget, invest and […]

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Use These Strategies to Make Your Voice Heard at Work. 3 Things to Know Today.

Get in the know in 60 seconds. June 21, 2018 1 min read Getting your voice heard at work — whether you’re in a meeting, talking with your boss or communicating with collegues — can sometimes be challenging. But here are a few things you can do: First, everyone should be aware that in meetings where both men and women are present, women speak 25 percent less than men on average, according to a study published in the American Political Science Review. It’s something many of us can work on. Leadership expert Jill Flynn suggests treating every meeting “as if you’re visiting a foreign country.” Figure out what’s on the agenda, and prepare questions and comments accordingly. When you speak up, be authoritative! Instead of saying “How about we do this …” say, “I strongly suggest we do this … .” To show agreement, say, “I agree completely. Want more tips? Women Entrepreneur just […]

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Here’s How the Office Space for Wedding-Registry Company Zola Keeps Its Employees Engaged With the Brand

June 20, 2018 6 min read In this series, The Way We Work, Entrepreneur Associate Editor Lydia Belanger examines how people foster productivity, focus, collaboration, creativity and culture in the workplace. The entryway to the offices of Zola, a wedding planning and registry company, doubles as the Zola Townhouse. It’s an abridged version of a trendy urban living space for newlyweds, complete with exposed brick and plenty of rose gold and copper accessories and appliances, down to the kitchen drawers, which open to reveal utensils Zola sells. The multi-purpose room is part event space, part meeting space and part showroom for an array of products the ecommerce site sells as part of its wedding-registry business. The company, founded in 2013, moved its headquarters to Manhattan’s Financial District from an office in SoHo as a team of 45 employees last spring. It took just a few months — and a Series […]

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Is Bitcoin Going to Crash the Internet? These Experts Think So.

The amount of computing power the cryptocurrency requires is just one concern the Bank of International Settlements raises in a new report. June 18, 2018 3 min read Bitcoin mining, the process of creating new units of the cryptocurrency, is notoriously a huge energy-suck. One estimate puts its carbon footprint on par with the electricity consumption of more than 159 countries combined. But the inefficiency of minting new units of the blockchain-based digital currency is only one complaint that skeptics of its utility have flagged. In a new report, the Switzerland-based Bank of International Settlements (BIS), a self-described “bank for central banks,” calls the technology “a poor substitute for the solid institutional backing of money” due to regulatory concerns, its fluctuating value and other reasons. Among the critiques that the BIS explores is the sheer computing power it takes not only to mine cryptocurrencies, but also to process transactions with […]

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Entrepreneurs in Puerto Rico Are Solving Problems in Hurricane Maria’s Aftermath

Sebastian Vidal, director of the Parallel18 accelerator, describes the opportunities for innovation on the island. June 14, 2018 10 min read Puerto Rico was struggling long before Hurricane Maria devastated the island in September 2017. The Puerto Rican government had been looking for potential solutions toward economic recovery, and it had turned to Chile with the goal of emulating its successful government-funded accelerator, Startup Chile. Sebastian Vidal was a member of the founding team of Startup Chile. The goal of the program, he describes, was to “attract talent to Chile to help change the entrepreneurial mentality towards the global-minded entrepreneur.” Over the course of five years, he worked with key government and business stakeholders and the World Bank on how countries could best empower and attract entrepreneurs with a global scope. In 2015, Vidal accepted an invitation from the Puerto Rico to design an accelerator on the island. Today, that […]

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15 of the Best and Most Unusual Online Courses for Entrepreneurs

Improve your outlook, boost your marketability and get a leg up on trends with these digital lesson sessions. June 12, 2018 14 min read Real-world experience is the world’s best teacher, but there’s a wealth of knowledge online to help teach ourselves what we don’t have the opportunity to learn from a mentor or navigating life itself. With the help of online courses, we can apply some structured guidance to how we approach our interpersonal interactions, entrepreneurial pursuits and even the way we think. These hyper-focused, organized lesson plans can help us hit refresh and streamline our paths to success. The following list of online courses covers a range of subjects, some but not all of which have a direct tie to running a business. From AI to VR to happiness to time management, entrepreneurs need to master a wide range of skills. Related: Are Free Online Courses Worth the […]

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Head Into Your Next Male-Dominated Meeting Ready to Contribute by Following These Tips

The fact that there’s no one else who looks like you at the table makes it all the more important that you participate and show your stuff. June 12, 2018 7 min read Each edition of this Women Entrepreneur series, Behind the Numbers, presents a stat about a disadvantage women face at work and in business, examines the dynamics at play and provides guidance to help women overcome obstacles. In meetings where both men and women are present, women speak 25 percent less than men on average, a study published in the American Political Science Review found. The fact that women generally are outnumbered among their professional peers may explain their relative silence: Only 37 percent of managers and 18 percent of C-suite executives are women, according to McKinsey research. Being part of a minority group can make you feel like an outsider — even more so if your male […]

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An Army Scientist Is Working on a Formula for Optimal Caffeine Intake

Setting a schedule can make all the difference in how much caffeine you actually need and how it affects you. June 6, 2018 2 min read For those with demanding schedules that frequently infringe upon a full night’s sleep, chugging coffee or energy drinks is often the cure to drowsiness. You’ve probably poured yourself a third, fourth, fifth cup of joe at some point and thought, is this even helping? You might associate coffee binges with office workers or business leaders rushing from meeting to meeting, but members of the military also run on the stuff. That’s why U.S. Army researcher Jaques Reifman has set out to crack the code of how much coffee we truly need when we’re sleep deprived — and at what intervals. His research, summarized by the American Academy of Sleep Medicine, shows promise for optimizing caffeine intake, taking into account metabolic or other physiological differences from […]

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Google Is Offering Free Career-Prep Courses to Help You Get a Job

A new partnership with Udacity will allow anyone to brush up on their resume writing, interviewing and other related skills. June 5, 2018 2 min read Access to information via Google has always been free, thanks to its ad-revenue based model. But lately, it’s been sharing a wealth of knowledge beyond Search, offering digital tools and learning opportunities to teachers, small businesses, startups, aspiring coders and more.  The latest opportunity, announced today, is a partnership between Google and online education platform Udacity, providing free online career development courses for job seekers at all career stages. The two companies have worked together in the past and launched a trial course, “Networking for Career Success,” in March. Udacity provided scholarships toward the course to members of the Grow With Google program. Now, the partners are expanding access to the general public, along with 11 additional career courses — all free to enroll in. These courses will cover resume and cover letter writing, personal […]

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You’ll Cringe at These 10 Terrible Excuses for Why Companies Don’t Have Women on Their Boards of Directors

‘All the ‘good’ women have already been snapped up,’ and other cop-outs. June 1, 2018 3 min read Just over one in five board seats across all Fortune 500 companies is occupied by a woman, and in the U.K., among the top 350 companies listed on the Financial Times Stock Exchange, the disparity is slightly smaller — closer to one in four. The British government is determined to get that ratio to one in three by 2020. That’s still far from an equal ratio of men to women, but the government’s efforts are accelerating progress. In 2011, 152 of the biggest British companies had all-male boards, and as of 2017, only 10 did. Related: How Women Can Build Stronger Relationships at Work — and Actually Boost Their Careers From chairs and CEOs of companies whose boards have fewer seats filled by women, the U.K. government has collected some curious explanations. […]

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This AI Tool Helps Companies Eliminate Hiring Bias in the Name of Productivity

Checkr’s co-founder and CEO makes the case for why businesses and society are better off when background checks are streamlined with technology. May 30, 2018 7 min read In this series, The Way We Work, Entrepreneur Associate Editor Lydia Belanger examines how people foster productivity, focus, collaboration, creativity and culture in the workplace. If your criminal record is a clean slate, you probably don’t think too much about background checks. But probability suggests it’s almost certain that someone you work with has one. What constitutes a criminal record can range from minor to major crimes, from fishing without a license to speeding to driving under the influence to murder. But historically, some background check processes haven’t distinguished among offenses of varying degrees. The Ban the Box movement has pushed to remove the “Have you ever been convicted of a crime?” checkbox on job applications that can automatically land a candidate’s […]

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After Crying ‘in a Fetal Position’ Upon the Sale of Her Last Company, This Entrepreneur Keeps Her New Venture Separate From Her Identity

Blindsided by emotion when she gave up her business and broke up her team, Christiane Lemieux learned a valuable lesson about personal distance. May 23, 2018 4 min read In the Women Entrepreneur Series My Worst Moment, female founders look back on the most difficult, gut-wrenching, almost-made-them-give-up experience they’ve had while building their business—and how they recovered. On paper, Christiane Lemieux has had a series of successes. In 2013, she sold her first company, DwellStudio, an online home decor company, to Wayfair, an ecommerce giant selling home goods and furnishings. But the day after it was finalized, she woke up devastated, wondering what she had done. She not only had to give up her baby, but she had to dissolve her team. Lemieux tells Women Entrepreneur what she’s learned from this emotional experience that helped her dry her tears, leave her executive creative director role at Wayfair, raise $1.5 million […]

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If You Struggle With Authority, Science Says Blame Your Brain

People who want to be their own bosses — like entrepreneurs — may fall into this neurological group. May 18, 2018 5 min read If you hate being told what to do, and that’s why you decided to become an entrepreneur — or that’s why you aspire to launch your own venture — brain science may have an explanation for your aversion to authority. Some people are predisposed to “control aversion” given their neurological structure, according to a study published in the Journal of Neuroscience. The control averse don’t like it when others hold sway over their decisions and actions and feel strongly inclined to rebel. This tendency is linked to strong brain connectivity between the parietal lobule and dorsolateral prefrontal cortex, two regions “commonly associated with attention reorientation and cognitive control,” the study’s co-authors note. Related: Surprising Truths About the Left and Right Halves of Your Brain (Infographic) To […]

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Free Chrome Extensions for Entrepreneurs With Crazy Long To-Do Lists and Too Many Open Tabs

Trick out your browser to simplify your life. If you spend all day in your browser, you need to get organized. You’re likely toggling among social media accounts, email, shared documents, search queries, to-do lists and articles you’re meaning to read, and when the tabs pile up, it can be hard to focus. You might try keeping things in separate windows or on separate monitors, but that doesn’t change the fact that most of what you’re looking at is likely browser-based. Google Chrome is your connection to nearly everything you need to access, but the trouble is, it’s also a window to distractions. That’s why it’s up to you to hack it, to tame it and to download a bunch of browser extensions that will put you back in control. Related: A Guide to Reducing Unneeded Distractions and Time-Sucks So You Can Be More Productive Read on for 15 browser […]

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How Women Can Build Stronger Relationships at Work — and Actually Boost Their Careers

Think strategically and actively about building your in-office network. The more you give, the more you’ll get. May 17, 2018 6 min read Each edition of this Women Entrepreneur series, Behind the Numbers, presents a stat about a disadvantage women face at work and in business, examines the dynamics at play and provides guidance to help women overcome obstacles. There’s greater benefit to building a strong support system at work than simply having someone to vent to at Friday happy hours. Surrounding yourself with colleagues who have a vested interest in your workplace success can actually help advance your skill set and career. But it’s easier said than done — and it’s even tougher for women. According to the Harvard Business Review, 19 percent of full-time male employees in large companies have what can be called a sponsor — a senior-level colleague who’s actively interested in helping them advance — while […]

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Is It Saying 'Yanny' or 'Laurel'? 3 Things to Know Today.

Stay in the know in 60 seconds. Read_more Related posts: SPI 301: How a Data Scientist Pivoted into a New Brand (And Won a Tesla Roadster) What This Blog is and What it is Not 5 Ways To Start On Online Business In 2018 SPI 301: How a Data Scientist Pivoted into a New Brand (And Won a Tesla Roadster) Mozilla Pulls Facebook Ads Over Privacy Flap SPI 304: Building an Online Course From Start to Finish Not Having These 8 Networking Skills Will Cost You WhatsApp's CEO Leaves Facebook and 'SpongeBob' Takes on 'Mean Girls' at the Tony's. Here Are 3 Things to Know Today.

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