Did you know that only 2% of women’s businesses crack the $1,000,000 revenue mark?
I learned that this week when I had the pleasure of speaking at Kristi Hall’s 2% club mastermind group.
While it’s not easy for any entrepreneur to build a business, according to a study by EY, businesses owned by men are 3.5 times as likely to reach that million-dollar threshold.
Kristi, founder of Conscious Connections, an 8000-member strong network of “business-savvy women who lead first with heart, consciousness and the unwavering belief that everyone is destined to find and profitably do their right work,” had invited me to share some tips with the group of women who have been meeting together for two years to support and learn from one another.
Because I know entrepreneurs have to be scrappy innovators, the Power Tool I chose to share with them was #3: Use what you’ve got. The resources you need are almost always there if you have the wisdom to see them and the power to use them.
Here’s one of the exercises we did — try it out and get deep into appreciating your own points of power.
I learned this week that the gentlemen in Congress finally realized that they had better not mess with Mother Nature, and especially not with human mothers in their midst. In a rare bipartisan general consent vote, newborns under one year are allowed on the U. S. Senate floor AND can be breastfed there.
Michele Weldon, Take The Lead’s Editorial Director, has written this piece for our newsletter next week — Power of New Working Moms: Beyonce, Pulitzer Winners, Political Leaders Shine — and I want to share it with you in advance because the title is everything. From New Zealand to Coachella and to the Senate floor, women are taking on a new power to get things done. Michele points out how that while women in the spotlight can afford things like childcare, these activist moms are “are also shedding light on the need for paid parental leave policies and adequate, affordable child care so that all working mothers can achieve their goals and fulfill their creative and professional ambitions.”
Can I love this hashtag via Elisa Kreisinger’s Pop Culture Pirate newsletter any more? (And you should totally subscribe.)
As CNN reported:
llinois Sen. Tammy Duckworth, who gave birth this month to her second child, becoming the first US Senator to do so while in office, spearheaded the push for the rule change and applauded her fellow lawmakers who she says helped to “bring the Senate into the 21st Century by recognizing that sometimes new parents also have responsibilities at work.”
Um hum. And perhaps we should ask: what would our institutions look like if women had created them? It’s not like having babies is anything new. We would have figured out how to manage childcare and work a long time ago.
I couldn’t resist tweeting this only slightly snarky response to another example of women figuring it out.
This week I relearned the power of the cohort to capture imaginations and move women farther faster to leadership parity.
I met with Take The Lead AZ’s Leadership Council and briefed them on the progress of our #50WomenCan Change the World programs for women in nonprofits and Media and Entertainment, plus the equally exciting ones upcoming for women in healthcare leadership, Human Resources, finance, childcare policy, and tech.
(If you are an AZ friend and want to know more about our one and only local chapter Take The Lead AZ, tweet me @GloriaFeldt and I’ll connect you. )
Wow, we were immediately off and running with ideas to do them for women in education, entrepreneurship, executives across sectors, and on and on.
Leadership parity moment is now and making it happen is just my cup of tea. (This photo courtesy of my lovely daughters and sister who took me for a birthday tea at the iconic AZ Biltmore.)
I hope it’s your cup of tea too because my sneak preview is to get ready for Tiffany Shlain’s 50/50 Day. I’ll be sharing from their feeds all day and Take The Lead is proud to be among the many sponsors and partners. You can learn more and join up here.
Till next week, power TO you!
“You had the power all along, my dear” — Glinda the good witch to Dorothy in The Wizard of OZ.
But as Dr. Susan Wilder, founder of Lifescape medical practice said at the mastermind, “You have to believe you deserve to commit. “
GLORIA FELDT is the New York Times bestselling author of several books including No Excuses: 9 Ways Women Can Change How We Think About Power, a sought-after speaker and frequent contributor to major news outlets, and the Co-Founder and President of Take The Lead. People has called her “the voice of experience,” and among the many honors she has been given, Vanity Fair called her one of America’s “Top 200 Women Legends, Leaders, and Trailblazers,” and Glamour chose her as a “Woman of the Year.”
As co-founder and president of Take The Lead, a leading women’s leadership nonprofit, her mission is to achieve gender parity by 2025 through innovative training programs, workshops, a groundbreaking 50 Women Can Change The World immersive, online courses, a free weekly newsletter, and events including a monthly Virtual Happy Hour program and a Take The Lead Day symposium that reached over 400,000 women globally in 2017.