Author: ICN

A Force to Recon with: Women; Entrepreneurship and Risk

by: Claire Berkon and Janice MacDonald Last summer, as part of our study to ascertain how women entrepreneurs look at risk, we crossed Canada asking entrepreneurs about their approach to risk in their businesses. We wanted to test the oft quoted assumption that female entrepreneurs are risk averse.  As we spoke to predominately female entrepreneurs across all sectors and cultures, we heard stories of challenge, opportunity, achievement and resilience in the face of obstacles. We were touched and inspired by their willingness to share deepest aspirations, personal stories, successes and failures.  Beyond hearing about approaches to risk, we learned how women entrepreneurs shape their businesses including the importance of relationships. Describing female entrepreneurs as risk averse, assumes they are a homogeneous group making it potentially more difficult to obtain funding, and creating stereotypes that influence both men and women.  In fact, women starting and growing businesses come from diverse backgrounds and have a broad range of goals and businesses across all sectors in all parts of Canada. They are not a homogeneous group. Women entrepreneurs make significant contributions to the Canadian economy. They are ambitious and do want to grow their businesses. Some told us how they controlled growth to ensure sustainability and others to be able to integrate other priorities in their lives. Growth was slower for some because they could not get external funding thereby having to...

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Realizing YOUR path to SUCCESS!

Success – by definition “the favorable or prosperous termination of attempts or endeavors; the accomplishment of one’s goals.”  In reality, as anyone who has ever attained or attempted to attain success knows, the definition is very fluid indeed.  Success, in my mind, is defined by the goals it is tied to, so how then will you know if and when you are successful? That question is why it is so vitally important for individuals, whether they be entrepreneurs or not, to realize this journey, this path is indeed THEIR path, defined by them, refined by them, with the end goal determined by them. So what is your goal in this life – financial independence (and what dollar amount per annum would that be for you?); the freedom of self-determination in the form of being your own boss; the ability to set your own hours; the offering of a service or product as of yet unavailable in your area or region or perhaps it is more defined by a level of happiness, a level of fitness, or the ability to provide for your family?  What are your goals? Be as specific as you can with your goals, for goals without clear definition rob you of the ability to achieve them.  Is heading south good enough, or do you want to land in Florida?  Is making money running your business good...

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April 17 and April 24 a two part live online panel discussion aimed at acquiring a better understanding of challenges facing Indigenous women interested in launching their start-up or in growing their business. To learn more about these panels go to http://ideaconnector.net/webinar-entrepreneurial-ecosystem/

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5 Key Metrics for Measuring Your Project’s Progress

Increase Your Productivity Project management metrics enable project managers to assess status of ongoing project and deviation of schedule and cost. It also enables to foresee potential risks and potential problem and to rapidly pivot when needed. To view …/ 5 Key Metrics...

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