The Secret Sauce to a Successful Business

"Give First, Share Always and Lift as We Climb." This philosophy is at the heart of eWomenNetwork. Founder and CEO, Sandra Yancey, started the eWomenNetwork Foundation about the same time she started her company nearly 2 decades ago. From the very beginning, her vision of success included helping children in need and to empower women to succeed. Sandra will be the first to tell you that giving is the secret sauce to a successful business.

To Much is Given, Much is Require

Sandra's pension for giving stems from her traumatic childhood and the values by which she was raised. She grew up on public assistance after her father was killed in a car accident on her 5th birthday. Despite their difficult circumstances, her mother always felt there were others in greater need. She raised her 3 children to believe that you're never too rich or too poor to serve.

Sandra's mother ingrained in her children that "To much is given, much is required." So as Sandra's business grew into a multi-million dollar company, those values became ever-more prominent. Each of the hundreds of Accelerated Networking Events® (A.N.E.'S) that occur throughout the eWomenNetwork chapters across the U.S. and Canada include a proprietary process that spotlights each member expressing to the others what she needs most in her business. Everyone at the event comes from a place of giving, so the result is a networking event where everyone is there to serve.

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Women-Owned Businesses Lack Access to Capital

According to the 2012 Census report, women own 36% of all privately held businesses. They account for an economic impact of $3 trillion due to jobs they create and maintain. That's 16 percent of all U.S. jobs! Yet, one of the biggest issues for women-owned businesses is lack of access to capital.

Women-Owned Businesses Lack Access to Capital

According to a report issued by the U.S. Senate Committee on Small Business and Entrepreneurship, "women account for only 16 percent of conventional small business loans and 17 percent of SBA loans even though they represent 30 percent of all small companies. Of conventional small business loans, women only account for 4.4 percent of total dollar value of loans from all sources. In other words, just $1 of every $23 in conventional small business loans goes to a woman-owned business."

And that's not the only issue women have with access to funds. Women receive just 7 percent of venture funds, and the percent of female venture capitalists has actually declined from previous years. That decline means less women are in the position to support women entrepreneurs by investing in their growth.

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5 Keys to Grow & Sustain a Successful Nonprofit

Make no mistake about it - a nonprofit is a business and should be run as such. Yes, you have a board to report to who makes decisions, but the same components that make for a successful business is also applied to a nonprofit organization.

5 Keys to Grow & Sustain a Successful Nonprofit

The eWomenNetwork Foundation has just created a program called, "Gifted Wisdom," which is designed to give free expert online training to people in the nonprofit world to help them launch and grow their organization. For a $5000 donation, we provide donors with access to our production facilities and production team to shoot and produce a training video for people in the nonprofit sector. 

Based on some of the tips from our Leave a Legacy (LAL) donors who have shot their training videos so far, I gathered a few nuggets that I deem vital to growing and sustaining a successful nonprofit organization.

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4 Inspiring Quotes for Entrepreneurs

It’s not uncommon to see entrepreneurs tired and stressed. Managing a company and having many responsibilities can overwhelm even the most experienced business leader. Running a business can be challenging work; therefore, every leader needs a few words of encouragement from time to time to stay motivated and focused. I often look to business and thought leaders I respect to lift me up during tough times. Here are 4 inspiring quotes from people I admire to help entrepreneurs stay on track when the going gets tough. 

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4 Inspiring Quotes for Entrepreneurs 

Some of my favorite powerful quotes are from other amazing female leaders, all gathered into one list to give entrepreneurs a few words of encouragement as they continue on their path to success.

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Michelle Obama

“Success is only meaningful and enjoyable if it feels like your own.”

First Lady of the United States, Michelle Obama’s words are quite powerful. Entrepreneurs should know how important it is to stay true to their brand. From making business decisions to hiring people, entrepreneurs will be proud to call themselves “successful” if they’ve always followed their core values as a leader.

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Daily Tips for Building Confidence as a Woman Entrepreneur

Becoming an entrepreneur is a daring endeavor for anyone. For women, it can be even more challenging due to societal norms and expectations. However, with the right mindset and a strong sense of self-belief, women entrepreneurs can shatter glass ceilings and make their mark. Here are some daily tips to help you build your confidence as a woman entrepreneur.

1. Start Your Day with Positivity

Your morning routine sets the tone for your day. Begin each day by focusing on your strengths and accomplishments. You might want to create a positive affirmation that resonates with your entrepreneurial journey, such as, "I am a strong, successful businesswoman," and repeat this to yourself each morning.

2. Set Clear Goals

Having clear and defined goals gives you a roadmap for success. It provides motivation, direction, and a way to measure your progress. Each day, remind yourself of your short-term and long-term goals. It can instill a sense of purpose and keep you focused.

3. Continually Learn and Improve

The most successful entrepreneurs embrace continuous learning. Dedicate time every day to learn something new or improve an existing skill. This could be reading a business book, attending a webinar, or even listening to a podcast on your commute. With that being said, don't miss our electrifying eWN Icon Conference this August! Ignite your future by connecting with like-minded entrepreneurs. Elevate your life, accelerate your business, and experience the extraordinary transformation waiting for you. Secure your spot today - click here

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A Strong Heart Leads to a Healthy Business

Yeah, yeah you've heard it a million times. Heart disease is the number one cause of death for men and women in the United States. And, like Charlie Brown, you're only hearing "wah-wah-wah, wah wah." You're just too busy running a business and a household to deal with this right now, right? Wrong! Besides the fact that someone proclaimed February, "American Heart Month,"  you need a strong heart to run a healthy business.

Heart Risks for the Business Owner

Long Working Hours

Whether you work for yourself or you're a worker-bee, a recent study from the Journal of Occupational Health and Medicine determined that the more hours someone worked per week, on average, the more likely he or she was to be diagnosed heart disease. On average, entrepreneurs work anywhere from 52-60 hours a week, which is 63% longer than the average worker.

What the study actually says...

"After controlling for factors including age, sex and income, the researchers determined that, over a 10-year period, participants who worked a 55-hour-week were 16 percent more likely to be diagnosed with heart disease diagnosis than those who only worked 45 hours per week. As the number of work hours per week increased, so did this relative risk. Participants who worked 60 hours per week were 35 percent more likely to be diagnosed with heart disease than those who worked 45 hours, while those who worked 70-hour-weeks were 74 percent more likely.

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Face the Fear and Dream Big!

Be afraid. Be very afraid. When clients are going for their big dream, they will often ask me, “When does the fear go away?” My answer is, “When you stop dreaming and start settling.”

Dream BIG

See, there is this Life Force that is flowing through you always inviting you into a greater discovery and realization of who you really are. Your dream is life’s gift to you as the way to wake you up to even more of your magnificence.

As you answer the call for something greater, it means that you make a decision to go beyond anything you have ever imagined for yourself to date.

That means you are going for something you don’t necessarily know how to do in this moment, nor do you have any proof or reassurance that it is going to work. (If you do know how to do it, you dream is not big enough.)

Click here to connect with Felicia Searcy, the empowerment Coach.

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