E-Source Says

Women Empowered By Business

photo of four people drinking coffee with blue Women Empowered by Business logo

The Entrepreneur’s Source® celebrates International Women’s Day as an advocate for women in the workplace, particularly as they pursue self-sufficiency, financial freedom and business ownership.

History of #WEBB

The Entrepreneur’s Source® established itself as a resource more than 20 years ago and founded Women Empowered by Business™ with Lori Tyll and Judy Stoleson to help female business owners. WEBB is designed to promote successful self-sufficiency among women by providing opportunities and resources designed to educate, empower and enlighten women as they embrace the challenges of business ownership.  TES Visionary Founder Terry Powell has worked with Judy and Tyll for 20+ years and mentored them as they established WEBB.

While women have come a long way since the first International Women’s Day in 1911, only 47 percent of women participate in the workforce, compared with 74 percent of men, according to a 2020 report by the United Nations. Women also spend an additional two and a half hours on unpaid domestic work and childcare each day, compared with men.

“Women have so many different responsibilities that they find it hard to put themselves first,” said Wendy Dalpez, a Career Ownership Coach™ with The Entrepreneur’s Source® in East Wenatchee, Washington. “I help women get past the fear of creating a future they deserve and allow them to pursue the possibilities available to them.”

 

Future of #Entrepreneurship

One way women are achieving gender parity is through business ownership. There are more than 12.9 million female-owned businesses in the United States, according to “The 2019 State of Women-Owned Business Report,” commissioned by American Express. The number of female-owned businesses increased by 21 percent over the past five years. Nearly 30 percent of all small-business owners and franchisees are women, up from 27 percent in 2020, a survey by Guidant Financial of 2,400 small business and franchise owners nationwide revealed.

 

Franchising can be an exciting option for female entrepreneurs searching for flexibility and financial freedom. Opting for franchising allows them to operate a proven business model with a network of support and training. Two of the major challenges female small-business owners face are marketing and access to capital, Guidant Financial reported. Franchisees pool marketing resources to generate results, and most franchisors can recommend financing options.

“Franchising allows women to be in business for themselves, but not by themselves,” Dalpez said. “I think women go as far as they can in their careers and face a future with no upward mobility. Entrepreneurship allows them to push through that barrier and reap great financial rewards.”

 

Coaches Guide Women to #DiscoverPossibilities

A Career Ownership Coach™ serves as a guide to help women and men discover their personal Income, Lifestyle, Wealth and Equity™ assessment at no cost. Coaches help you stay focused on your vision to help you achieve your potential as you navigate a potential career change or cope with a job loss. “We are coaches, not sales people. The only thing we care about is what’s best for our clients,” said Anna Schulman Brambilla, a Career Ownership Coach™ in San Jose, California.

 

Pandemic Highlights Gender Disparities

Current events are posing new challenges to women as they grapple with full-time childcare and full-time careers. Women have disproportionately given up their jobs during the pandemic to be at home with their children. Nearly 2.2 million women left the workforce from February to October, according to the National Women’s Law Center.

“This is a perfect time for these women to consider business ownership instead of someday returning to the workforce. There are so many opportunities for them to find the balance they want between work and children and to really grow a business and legacy of their own,” Dalpez said.

 

#IWD2021

International Women’s Day is held annually across the globe on March 8 to celebrate the social, economic, cultural and political achievements of women. The first International Women’s Day was held in 1911 when more than one million women in Austria, Denmark, Germany and Switzerland participated in rallies promoting women’s rights, including the right to vote, work, run for office and end discrimination. To celebrate the event’s 100th anniversary in 2011, President Barack Obama declared March as Women’s History Month in the United States. Today, people mark International Women’s Day by recognizing female achievement, drawing awareness to inequality, lobbying and raising money for charities helping women.

The Entrepreneur’s Source® encourages people to share stories/picture on social media using #WEBB #IWD2021 to raise awareness for Women Empowered By Business™. Discover your career vision with the help of a coach at The Entrepreneur’s Source® or check out our guidebook, “Your Career 2.0®: A Survival Guide for The Battered Career and Investor Syndrome®.

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