Career Advice for New Women Entrepreneurs

If small business is the heart of the emerging business economy, then women entrepreneurs are its pulsating heartbeat. Despite the economic malaise riveting the headlines, women business owners are outpacing men 2 to 1 with their visions of financial freedom. From financing tips to business plans, beat the small business blues with a 3^rd generation entrepreneur's career advice for new women entrepreneurs.

Career Advice for New Women Entrepreneurs # 1:

Create a big idea that helps millions of people and investors will throw money at your manicured feet.

Donald Trump once said that it's easier to raise 100 million dollars than it is ask for 1 million. He's right. Most angel investors and venture capitalists will rally around a big idea with a chance to make history and maximize their investment, instead of a small business with 50 customers that will fizzle out in 1 year.

Think big as a new woman entrepreneur. Rather that starting a blog, fashion line or consulting company that will serve only 500 women, create a media company, make-up line, or clothing store that will help 25 million women distribute their products, manage their stress, save money or increase their self esteem. Investors will "show you the money" if you think like McDonald's 10 billion burgers served, instead of a fledgling seamstress with 5 dresses sewn.

Career Advice for New Women Entrepreneurs # 2:

Create a great marketing-based name first, an operations plan second followed by the business plan.

The business plan is an analysis of projected sales, your experience, finances required and the viability of your idea. Its primary focus is the future. Banks and investors will be interested in your future income statements, experience and marketing approach first. The operations plan, however tells investors how you plan to run your business, now.