Tue, May 22 2012

Women Entrepreneurs - 10 Keys to Get Up and Running

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In spite of the fact that venture capital and angel investors ignore women, there are still ways to make a new business a reality. Here are 10 key steps for financing a new business.

Yeesh. Women outpace men in new businesses about 2 to 3. Minorities in particular are entering entrepreneurial ranks full speed ahead, outpacing everyone else.

So why the heck are women losing ground in the venture capital pool? Less than four percent of venture-backed companies are headed by women, the lowest in ten years. Four percent. It's not much better for angel investors. Only ten And, there is money in those venture capital arms right now.

9. Promote your business before it ever becomes a business.

Pre-publicity can bring you to the attention of finance people in your area, and at the very least can begin to create buzz about your business.

10. Don't shy away from women's businesses.

There's a lot of money in those pocketbooks.

Yes, it is still very possible that you can have the business of your dreams. It is happening every single day for thousands of women.

By the way, did you know that about eighty percent of the venture capital funded businesses fail? Without doubt, the businesses begun by women have a much better batting average than that.

Go for it.

Against all odds, women still outpace men in new business ventures.


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