Women Business Owners Optimistic About the Economy
Posted by James Campos on February 10th, 2012
Optimism among women business owners is up, according to the Key4Women Confidence Index, which is conducted twice a year by the Center for Women’s Business Research.
According to the new survey, within the next six months, 47 percent of women business owners believed the economy would improve (up from 33 percent), 43 percent thought it would stay the same (down from 50 percent) and only 10 percent thought it would worsen (down from 17 percent).
Based on this positive outlook, 42 percent of women entrepreneurs said they plan on hiring within the next year, even though only 14 percent actually added employees in the first quarter of 2011.
Women business owners have dedicated more funds to three key business aspects in the past year: Fifty-seven percent increased funding for marketing and advertising, 55 percent created new product and services, and 37 percent invested in new technology.
Women business owners also cited their top business concerns, with 31 percent naming poor sales, 17 percent worried about competition from larger businesses and 10 percent citing taxes. Read Full Post…
I just spent the last six days on the road for work. I do not like business travel. Anything that takes me away from my family is not my first choice. Having said that, I get to do work that I truly love and enjoy so it makes it easer to crank thru the weekend and into the work week from the road. This trip caused me to learn and think a lot about what is going on in business, entrepreneurship, technology and the economy of America.
Today is no ordinary Monday — it’s 7/11, the unofficial birthday of the 7-Eleven convenience store chain and Free Slurpee Day.
I read a lot of books. I don’t read fiction and I very, very rarely read something that isn’t about business. Having an e-book reader (in my case, it’s an iPad using the Kindle app) has made my appetite even more voracious. I am currently “reading” 14 different books simultaneously on my Kindle app. I put reading in quotes because it’s tough to say I’m really reading 14 books at the same time, but I am. I’d say that I read 40-50 pages of one book and then switch to another. Back and forth, back and forth. Eventually I complete each and every one. I finish some much faster than others.