In the News
Million Women Mentors Program comes to Turkey
The U.S. Chamber of Commerce’s U.S.-Turkey Business Council today announced the launch of Million Women Mentors/Milyon Kadına Mentor program with the goal of providing mentorship opportunities to young women in Turkey who wish to pursue careers in STEM (science, technology, engineering and mathematics) fields.
Greater Good Challenge winner microTERRA is set to change inland fish farming for good!
Marissa Cuevas, created the company microTERRA to aid the move toward more sustainable water usage in farming and animal husbandry. After winning first place in the Greater Good Challenge, she plans to use the money to fund a pilot program in Mexico. The circular system not only cleans and oxygenates dirty pond water for re-use, but could allow a fish farmer to produce up to 60 percent of their own feed, she says.
3 Ways to Safeguard Your Business as Coronavirus Spreads
Many have speculated about whether the current coronavirus outbreak will spark an economic recession. Renowned venture capital firm Sequoia Capital recently shared their experience of best practice, advising that, “Having weathered every business downturn for nearly 50 years, we’ve learned an important lesson: Nobody ever regrets making fast and decisive adjustments to changing circumstances.”
The Top 10 Mistakes That Keep Women Entrepreneurs From Scaling to $1 Million
Where are the million-dollar women? In 2018, just 1.7 percent of women-owned businesses generated more than $1 million in revenue, and the challenges are even greater for women of color entrepreneurs. Why is it that even though women own 40 percent of all businesses in the U.S., making "real money" is more the exception than it is the rule? What's getting in our way when it comes to business ideas that make bank?
How the Founder of Schmidt's Naturals Went From Zero to a Nine-Figure Exit
In 2010, Jaime Schmidt took a local class on how to make shampoo. At the time, she was pregnant with her son, eager to experiment with crafting her own natural, nontoxic products. One thing led to another, and soon she succeeded in creating a natural deodorant “that actually worked,” branded as Schmidt’s. Fast forward seven years, and the deodorant she began selling at farmers markets became a top seller on shelves at Target, Whole Foods and Walmart.
Schmidt's Naturals sold to Unilever for an undisclosed amount in 2017 (but Schmidt puts it in the "nine figures"). Now, she's focused on her next cause: supporting the next generation of entrepreneurs.