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The Third Path: Independent Consulting for Entrepreneurial Women

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There are more women independent workers in this country (8.5 million) than stay-at-home moms (5.4 million). All our society does is focus on black-and-white choices like full-time work vs. no work at all – and we’re all the weaker for it. It’s time we focus on alternate paths, and invested time and energy in making them even better options for women and families.

Find more resources for independent professionals at www2.mbopartners.com/ic-resources

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The Third Path: Independent Consulting for Entrepreneurial Women

  1. 1. THE THIRD PATH:INDEPENDENT CONSULTING FORENTREPRENEURIAL WOMEN ©2011 MBO Partners Inc.
  2. 2. 2 YOUR HOST TODAY ➤ TODAY: A CMO • Formerly: Independent Marketing Consultant • Founder, President & CEO at ALUMRISE, Inc. • A decade of brand marketing, PR and communications experience at divisions of PepsiCo, Inc. AASSIA HAQ • Working mom of a 7 year old girl Chief Marketing and 2 year old boy.Officer, MBO Partners ©2011 MBO Partners Inc.
  3. 3. 3 WEBINAR CONTROLSThe full screen iconmaximizes thepresentation area.The raise hand iconalerts the organizerthat you have aquestion or comment.The chat box allows youto send a question to thepresenter. ©2011 MBO Partners Inc.
  4. 4. 4 IS THIS YOU?➤ A DESIRE TO… …make a career change …better alignment between work & life …have an impact—control your own destiny, earn more income …escape the bureaucracy of corporate America …have more control over your daily schedule …spend quality time or provide care to those you love ©2011 MBO Partners Inc.
  5. 5. 5 PATHS WOMEN CAN TAKE1 STAY-AT-HOME MOM 2 WORKING WOMAN 3 INDEPENDENT WORKER ©2011 MBO Partners Inc.
  6. 6. 6 THE THIRD PATH ©2011 MBO Partners Inc. 5.7 Million Stay-at-Home Moms1 Kreider, Rose M. and Elliot, Diana B.(2010) Historical Changes in Stay-at-Home Mothers: 1969 to 2009. US Census Bureau. http://www.census.gov 2 Bureau of Labor Statistics. http://www.bls.gov 3 MBO Partners Independent Workforce Index (2011). http://www.mbopartners.com/state-of-independence/independent-workforce-index.html
  7. 7. 7 WHY NOW?➤ TECHNOLOGY HAS MADE IT EASY➤ THE ABILITY TO LEVERAGE EXPERIENCE➤ RISE OF THE PROJECT ECONOMY ©2011 MBO Partners Inc.
  8. 8. 8 HOW YOU CAN FIT―Project based work often relies on diverse individuals that carry a unique level ofexpertise in a particular field. 77% of companies surveyed said that they useIndependent Consultants because they need specialized skill-sets for projects.‖ ©2011 MBO Partners Inc.– 2011 Aberdeen Research Report
  9. 9. 9 THE THIRD PATH IS SUCCESS ©2011 MBO Partners Inc.3 MBO Partners Independent Workforce Index (2011). http://www.mbopartners.com/state-of-independence/independent-workforce-index.html 4 2011 Catalyst Census: Fortune 500 Women Board Directors. www.catalyst.org 5 Small Business Administration. www.sba.gov
  10. 10. 10 4 STEPS TO THE PATH1 Assess Readiness 2 Define Challenges 3 Find Supporters 4 Take the Leap ©2011 MBO Partners Inc.
  11. 11. 11 STEP 1: EMOTIONALLY READY?DIG DEEPER… 1. Do I enjoy working independently? 2. Do I have good time management skills? 3. Is my family supportive? 4. Are there dependents who rely on me? 5. Do I have a high level of stress in my personal life? 6. Is this a planned decision? 7. Am I ready to change my current life stage? ©2011 MBO Partners Inc.
  12. 12. 12 STEP 1: PROFESSIONALLY READY?DIG DEEPER… 1. Do I have a unique marketable skill set? 2. Am I known for being great at what I do? 3. Do I have a clear vision and plan? 4. Do I understand how to run a business? 5. Can I get projects from my current network? 6. Am I ―connected‖? 7. Have I prepared my online presence? 8. Am I comfortable with the idea of selling myself? ©2011 MBO Partners Inc.
  13. 13. 13 STEP 1: FINANCIALLY READY?DIG DEEPER… 1. Do I have a cash reserve? 2. Do I have another person that helps support my lifestyle? 3. Do I have a client willing to commit to a contract? 4. Have I fully understood the costs and time commitments? 5. Do I have the resources to go out on my own? 6. Do I understand business tax implications? ©2011 MBO Partners Inc.
  14. 14. 14 TAKE OUR READINESS QUIZ!Link will be sent via email with slides after webinar ©2011 MBO Partners Inc.
  15. 15. 15 STEP 2: WHAT ARE THE CHALLENGES TO ADDRESS?➤ WOMEN FACE SPECIFIC CHALLENGES DependentPersonal Barriers Financial Planning ©2011 MBO Partners Inc.
  16. 16. STEP 3: SUPPORTERS 16©2011 MBO Partners Inc.
  17. 17. 17 STEP 4: TAKING THE LEAP Expertise Access ➤ MEET SUCCESSFUL INDEPENDENTS ©2011 MBO Partners Inc.Kathy, TX Gabriela, IL Gloria, MD Jane, VT
  18. 18. 18 NEXT STEPSMom at Home Woman About Never Worked Retired or or To Leave Professional Recent New Mom Corporate Woman College Grad America ©2011 MBO Partners Inc.
  19. 19. 19©2011 MBO Partners Inc.
  20. 20. 20 WANT TO LEARN MORE?➤ EMAIL US! info@mbopartners.com➤ VISIT OUR WEBSITE www.mbopartners.com➤ FOLLOW US ON TWITTER @mbopartners➤ SIGN-UP FOR ADDITIONAL INFORMATION • Receive updates for upcoming webinars - email webinar@mbopartners.com ©2011 MBO Partners Inc. • Sign up for new Independent Consulting Brief at newsletter@mbopartners.com
  21. 21. 21 THANK YOU www.mbopartners.com http://www.mbopartners.com/bloghttps://www.facebook.com/mbopartners ©2011 MBO Partners Inc.

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