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Atlanta Women Entrepreneurs


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This is a presentation I created for NAWBO Atlanta to use at a recent event for our corporate partners. It includes stats from a variety of sources that are available.

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Atlanta Women Entrepreneurs

  1. 1. Welcome! Atlanta Women Entrepreneurs 2013 National Association of Women Business Owners - AtlantaThursday, October 25, 12
  2. 2. About the National Association of Women Business Owners [NAWBO] Founded 1975 [Atlanta Chapter founded in 1997] 7000 Members in 65 Chapters across U.S. Represents Women Entrepreneurs across all industries Propelling WBOs into greater economic, social and political spheres of powerThursday, October 25, 12
  3. 3. National Association of Women Business Owners Mission Statement Strengthening the wealth creating capacity of our members and promoting economic development within the entrepreneurial community Creating innovative and effective change in the business culture Building strategic alliances, coalitions and affiliations Transforming public policy and influencing opinion makersThursday, October 25, 12
  4. 4. Women Business Owner Facts & Statistics 10.1M firms are owned by women, employing 13M people, generating $1.9T in sales 3/4 of all WBOs are majority-owned (+51%), totaling 7.2M firms, employing 7.3M people, generating $1.1T in sales Majority WBOs account for 40% of all privately-held firms 1 in 5 firms +$1M is woman-owned; 3% of all woman-owned firms make +$1M (vs. 6% of men’s)Thursday, October 25, 12
  5. 5. Women Business Owner Facts & Statistics In the past decade, privately-owned WBOs have increased TWICE as fast as those owned by men Women small business owners will create 5-5.5M new jobs in the US by 2018 for a more inclusive, horizontally-managed environment WBOs will create more than half of the 9.71M new small business jobs, 1/3 of the 15.3M total new jobs, despite currently accounting for just 16% of totalThursday, October 25, 12
  6. 6. Women Business Owner Facts & Statistics Women-owned companies employ more people than the largest 500 companies combined WBOs are growing at 23%, TWICE as fast as the growth of total businessesThursday, October 25, 12
  7. 7. NAWBO Facts & Statistics Businesses owned by NAWBO Members are larger than average WBOs in employees: 68% have employees; 17% have 10+ employees 25% of NAWBO Member businesses make more than $1M; 34% more than $500K NAWBO Members have owned their business for an average of 10 years 25% of NAWBO Members are 35-44 years old; 75% are over 45Thursday, October 25, 12
  8. 8. NAWBO Facts & Statistics 39% of NAWBO Members have post-graduate degrees Access to Capital: 58% use credit cards; 37% use private or family funds 35% - the highest proportion - of NAWBO Member businesses belong in the Professional, Scientific and Technical services sectorThursday, October 25, 12
  9. 9. Georgia Women Business Owner Facts & Statistics 1997-2011: Georgia ranked FIRST in the growth of women- owned firms 1997-2011: Georgia ranked18th in revenue growth of WBOs, to $42B Georgia ranks 6th among states with the greatest number of Women-Owned BusinessesThursday, October 25, 12
  10. 10. Our Panel MODERATOR: Rita Izaguirre, Diversity & Talent Acquisition Professional, former SVP SunTrust Lori Lemmon, Customer Communications Manager, UPS Kelly Tumbleston, SVP Business Banking, SunTrust Paul Lapides, Director, Corporate Governance Center, Professor of Management & Entrepreneurship, Coles College of Business, Kennesaw State Jill Peck, Partner, Henderson Shapiro Peck, WBENC-certified NAWBO MemberThursday, October 25, 12
  11. 11. NAWBO Atlanta NAWBO Atlanta Foundation [501(c)3] Business Education, Peer-Mentoring for Metro Atlanta WBOs NAWBO Atlanta Chapter [501(c)6] Membership Chapter of National Organization for Business MembershipsThursday, October 25, 12
  12. 12. NAWBO Atlanta Board of Directors Andrea Borden, President Patti Bunker, VP Affiliate Partners Borden Schmidt, LLC Clearly Simple Solutions Linda L. Hughes, President-Elect Tracy Woodall, VP Marketing The Great Ridge Company Woodall Creative Group Nancy Chorpenning, Past President Ann Pearson, VP Education C-Suite Advisors, LLC Pearson Resource Management Group Laura Stevenson, Secretary Connie Menser, VP CEO Law Office of Laura E. Stevenson Roundtables Full Supply Cynthia Hannafey, Treasurer Lehan Partners, LLCThursday, October 25, 12
  13. 13. NAWBO Atlanta Programs Monthly Chapter Programs - Business Education Second Thursdays, The Buckhead Club CEO Roundtables - Professionally-Facilitated Mentoring Introducing $1Million CEO Roundtable in 2013 Corporate Partner Educational Programming NAWBO Networking Nights with Affiliate PartnersThursday, October 25, 12
  14. 14. NAWBO Atlanta Programs NAWBO Leadership Boot Camp [Regional Conferences] NAWBO Women’s Business Conference [largest gathering of WBOs in the US, annually] NAWBO Atlanta New Member Orientations NAWBO Holiday Social - December New President & Board Installation - JanuaryThursday, October 25, 12
  15. 15. NAWBO Atlanta 2013 Plans Strategic Plan for 2013 - 2018; sharing in January Incorporating More Mentoring - Community and Academic Bringing in the Business Community to Support WBOs via Business Plan Competitions, for exampleThursday, October 25, 12
  16. 16. NAWBO Atlanta Affiliate Partners American Institute of Architects Women in Insurance & Financial Services StartUp Chicks Atlanta Independent Women’s Network Georgia Women Entrepreneurs’ Network Professional Women’s Information Network Atlanta Association of Women EntrepreneursThursday, October 25, 12
  17. 17. Women’s Business Organizations WOMEN’S BUSINESS ORGANIZATIONS NAWBO GWBC WPO YES Not for profit? NO YES [501(c)3 & 501(c)6] Members consist of WBOs: Corporations 1500 Nationally/ Members 7000 Nationally/ represented mostly by Diversity officers; 20 Locally 100 Locally WBOs are clients Founded 1975 1997 1997 Required to be WBO YES YES NO (vs. Employee)? Certifying Organization? NO YES NO (licensee of WBENC) Independent Business YES, Monthly NO NO Educational Programming YES, Professionally- Peer Mentoring Facilitated CEO 1:1 Mentor:Protégé NO RoundtablesThursday, October 25, 12
  18. 18. Benefits of Partnering Offer your female executives leadership development opportunities Offer your female executives entrepreneurial collaborations Collaborate with WBOs to reach local community and support diversity goals Impact the growth and support of WBOs Reach a growing and increasingly important market segmentThursday, October 25, 12
  19. 19. NAWBO Atlanta Corporate Partnerships Three Levels: Mentor, Executive, Premier Exclusive Premier Benefits: Opportunity to Host Million-Dollar Roundtable Opportunity to sit on President’s Advisory Council Partner-Provided Sign Displayed at Monthly Programs 2 Complimentary Tickets to Monthly Chapter Program 5 Named Corporate Partner RepresentativesThursday, October 25, 12
  20. 20. NAWBO Atlanta Corporate Partnerships Exclusive Premier & Executive Benefits: Included in panel of experts at a monthly program Opportunity to host Member Social Event Opportunity to host CEO Roundtable Opportunity to host Educational Event Opportunity to include marketing material in New Member packetThursday, October 25, 12
  21. 21. NAWBO Atlanta Corporate Partnerships Exclusive Corporate Partner Benefits: Leadership Roles on Board & Committees Opportunity to Attend Board Meetings & Present to Board Partner spotlight at a Chapter Program; recognition monthly Corporate Logo on NAWBO Atlanta Homepage, Newsletters, Event Name Badges Opportunity to contribute article for NAWBO newsletter Member rates for your representatives at Chapter eventsThursday, October 25, 12
  22. 22. NAWBO Atlanta Thank you for being with us today! Please take the folder we have prepared for your company We will be in touch to follow up with a team from NAWBO’s Board of Directors in the next two weeks to confirm your participation in 2013Thursday, October 25, 12