The startup rate of women-owned businesses is soaring -- it’s 50% higher than businesses in general. But the percentage of women who break through the glass ceiling to more than a million dollar is more than 50% lower than businesses in general. What’s blocking their upward momentum? Learn how women leaders of growth businesses kept growing, well beyond the million-dollar milestone Drawn from interviews with leading women entrepreneurs and her work as a mentor and coach to start-up and growth businesses, Geri Stengel will pinpoint what women need to break through the glass ceiling and keep their businesses on a high-growth track.

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Secrets for Breaking the
Glass Ceiling for Women
Entrepreneurs
VerticalResponse Webinar
June 26, 2013
Presented by: Geri Stengel

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Secrets for Breaking the
Glass Ceiling for Women Entrepreneurs
Agenda
• Build out networks
• Seek outside funding
• Take center stage

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Build Out Your
Networks

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Larger More Diverse Networks Grow Larger Businesses
Photo by iconolith

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Join Groups but Check Out
• Who is in the group
• How they communicate
• What’s the substance of
their communication
• What level are the
people in the group
Source: Athena Vongalis Macrow
Adapted from Flickr image by Noah Sussman

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Social Media Amplifies Your Message
Photo by luc legay

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Men Are the Powerbrokers:
Make Them Part of Your Network

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Seek Outside Funding

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Money Is Key Ingredient to Growing Businesses
• Women start businesses
with 1/3 less capital
• Women business are
25% smaller
Photo by Images_of_Money

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Research Is Mixed as to Why Women Raise Less Money
• Women don’t ask
• Differences in credit scores,
growth potential of the
industry and size of firm
• Discrimination
• Issues of control
• Women don’t dream big
• Women rely on reinvesting
profits
Photo by stevendepolo

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Investing in Women Improves Business Results
• Women angels increased by 50%Women angels increased by 50%
• Angels investing in women-led business increased by 40%Angels investing in women-led business increased by 40%
• Research documents effectiveness of women leadersResearch documents effectiveness of women leaders
• Women excel at crowdfundingWomen excel at crowdfunding

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Finacing Is a Ladder

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Take Center Stage

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Nominate Yourself for Awards
Photo by AlicePopkorn

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Be Recognized as a Leader
Photo by AlicePopkornPhoto by By World Economic Forum

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Put Your Company in the News
Photo by AlicePopkornPhoto by By World Economic Forum

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Recap
• Build out networksBuild out networks
• Seek outside fundingSeek outside funding
• Take center stageTake center stage

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Questions

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Connect With Me
Name Social Media + Email
Geri Stengel http://www.forbes.com/sites/geristengel/
http://www.linkedin.com/in/geristengel
http://www.facebook.com/Ventureneer
http://twitter.com/#!/ventureneer
geri@ventureneer.com

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