The pain and uncertainty of the impact of the coronavirus on small business owners is staggering and likely to be substantial. Entrepreneurs are being forced to take drastic steps to continue operating and many are fearful about their futures.
Women are starting businesses out of necessity, because they can’t find decent jobs, or are unemployed, according to Amex. Some are launching their own businesses because workforce rules aren’t flexible to adapt to their caregiving duties for aging relatives or children, or they want more power over their working lives.
Kerry Hannon provides action steps, insights, and resources from her new book, Never Too Old to Get Rich: Starting a Business at Mid-Life. She will discuss the rewards and challenges for those starting businesses from their passion and hobbies to senior-junior partnerships to start-ups by social entrepreneurs and women-led ventures.
In my new book, “Never Too Old to Get Rich: The Entrepreneur’s Guide to Starting a Business Mid-Life”, I profile 20 entrepreneurs, who have started businesses either from a passion or hobby, are social entrepreneurs, have launched senior-junior partnerships, or are female entrepreneurs — the fastest-growing demographic globally.
If you’re thinking about starting a business, a great way to learn how to do it is by speaking with women entrepreneurs who’ve done so successfully. I just had an opportunity to do just that, talking with three I saw at the What’s Next Boomer Business Summit in New Orleans
Women entrepreneurs who have trouble raising capital for their ventures and managing the month-to-month cash flow often find business credit cards especially helpful. A business credit card provides you a credit line, and, if used prudently, can help your company navigate through periods of lopsided cash flow. Plus, it can provide you a cushion between […]
It takes money to make money, as the saying goes. For female entrepreneurs, that money can be elusive when starting a business or trying to grow one. As Linda Abraham — a serial entrepreneur, angel investor and start-up board member — told me a few months ago when I asked her to name the biggest hurdle for […]
One of the toughest things for a small business owner to do is to hire employees. This is true for male and female entrepreneurs, but since I’m writing about the women owners over 50 for Next Avenue these days, I’ll focus on them. I have a strong personal connection to the topic. Even with my […]
On the shelf outside U.S. Small Business Administrator (SBA) Linda McMahon’s Washington, D.C. office, there’s a book prominently on display: People Before Profit: The Inspiring Story of the Founder of Bob’s Red Mill. It caught my eye when I just interviewed McMahon. And it made me smile. Bob is Bob Moore, 87, who started Bob’s Red […]
The biggest stumbling block to starting a new business — and succeeding — for anyone, is money. For women, the challenge is multiplied. There are plenty of reasons why women are left out in the cold, ranging from the lack of access to investors to not being taken seriously. Yes, even in this day and age, […]