This sketch is fantastic in that it gives a quick overview of the topics that Alicia covers in her book: A Rising Tide: Financing Strategies for Women-Owned Firms
Women-owned firms represent an increasingly important segment of the small business sector. According to the most recent data from the U.S. Census Bureau, there were 7.8 million women-owned firms in the United States in 2007, generating $1.2 trillion in revenues and providing employment for 7.6 million people. A Rising Tide presents the financial strategies that have helped today’s bold and creative women entrepreneurs to succeed.
In spite of the seemingly positive statistics, things are not really any better for women owned firms these days. What does that mean exactly? Well, it means that we still have work to do, ladies! Let’s find ways to change this. One of the simplest ways it create more female funders.
Take Action: Do this!
Create more female funders.
Women tend to have a harder time receiving funding for their ventures from angels and VC’s. In large part this is due to the fact that women are not networked with the “good ole’ boys.” So, it is our job to get more networked and to create more female investors. The Pipeline Fellowship and the wonderful ladies at Golden Seeds are leading the charge!
Check out their investor bootcamps for women who have the funds, but don’t feel like they understand investing enough to make the leap.
