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    Why Women Business Owners Still Struggle, Facebook Shopping and More
    Jan
    27

    By Rieva Lesonsky

    Have you missed any of my posts around the Web this week? Read on for a quick roundup.

    Why do female small business owners have more trouble getting financing? The answer could be traced back to the scarcity of women on corporate boards. Get the connection in my post on American Express OPEN Forum.

    Have you tried Facebook ads and, if so, did they work for you? Find out what other business owners think about advertising on Facebook in my post on  Huffington Post Small Business.

    How about selling products on Facebook? Few businesses have tried, but new data show consumers might be readier than you think to embrace buying on the social media site. Check out my post on Huffington Post Small Business to learn more.

    Are your sales in a slump? Looking at your business with a fresh perspective can show you customers you might be missing out on. Find out more in my post on the SCORE Success blog.

    How is consumer confidence? It depends on who you ask. See how optimistic different age groups are feeling in my post on Anita Campbell’s Small Business Trends.

    Need tech employees to power up your website? Finding them may not be as simple as you think. Get the skinny in my post on Network Solutions‘ GrowSmartBusiness blog.

    If you’re selling BtoB, you know “content marketing” is all the rage. Find out how to make content marketing work for you in my post on AT&T‘s SmallBusinessInSite.

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    Posted in Management, Money, Sales & Marketing, women entrepreneurs | Tagged Management, Money, sales & marketing, women entrepreneurs | Leave a comment

    Scared to Start a Business? Don’t Be
    Jan
    26

    By Rieva Lesonsky

    If you’re on the fence about whether to start your own business, some data from a new study might help convince you to make the move. I think it always helps to hear from real people about decisions you’re considering. And recently, The Hartford surveyed some 2,000 real entrepreneur in its Small Business Success Study.

    The study focused on small business owners’ outlook in today’s challenging economy. Despite the many hurdles they face, the entrepreneurs who were polled were very optimistic. In spite of the current economic environment, 51 percent projected that they will be “very successful” in the next two years.

    Sure, being a small business owner isn’t perfect. There are plenty of challenges—those cited by companies in the Hartford survey included the economy (which had affected 57 percent of businesses), difficulty obtaining financing, government regulations, rising costs and difficulty finding customers. Given all these hurdles, why were entrepreneurs so optimistic?

    Well, maybe it’s because they don’t define success based on profits. Yes, money does matter: 79 percent said achieving a comfortable lifestyle for themselves was an important measure of success. And 77 percent said increasing the profitability of the business year over year was very important. But just 18 percent said this is the most important factor in defining success.

    In contrast, 82 percent said what’s most important is doing something they feel passionate about. By that measure, these entrepreneurs are highly successful. Ninety percent said they loved being business owners.

    Perhaps that’s why not every business owner surveyed had dreams of being the next Google. Although 52 percent said they consider themselves growth-oriented, 48 percent said they were “maintenance-oriented,” meaning they want to maintain their business at its current size. And whatever size their business reaches, 81 percent want to remain closely involved in daily operations.

    What should you take from this survey? If you’re on the fence about entrepeneurship, I suggest you give it a try. There’s no way to know how you’ll feel until you take the plunge. And as the entrepreneurs in this study prove, if you love it, you’ll really love it.

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    Posted in Starting a Business | Tagged starting a business | Leave a comment
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