4 Tips for Women Entrepreneurs to Succeed in the Pandemic
Channel: GoDaddy
Date: 04/01/2021

Jen Earle, CEO of NAWBO, advocates for women business owners to take advantage of the 4 C’s of Entrepreneurship to overcome challenges of COVID-19 and beyond. Subscribe to GoDaddy YouTube: http://bit.ly/GoDaddy-Subscribe

0:18 How can women business owners gain access to capital?
0:45 Why is community important for women entrepreneurs?
1:15 How to gain confidence as a woman in business
1:38 Why should women speak to local legislators about their business?

Many small businesses have taken an unexpected hit due to the pandemic, and women-owned businesses are no exception. Jen Earle encourages women entrepreneurs to take advantage of “The 4 Cs of Entrepreneurship” — Capital, Community, Confidence and Congress. Jen explains each key factor that will help guide fellow women business owners to protect the dream they’ve built. Despite the challenges faced, it’s crucial to practice confidence, establish a support system and stay strong along the resilient journey to long-term success — because success is coming. 

References:
In 2020, women have endured the majority of job losses, with unemployment that peaked at more than 15%. https://19thnews.org/2020/11/why-women-owned-businesses-are-struggling-and-how-a-new-round-of-stimulus-could-help/ 

Jen leads an organization that advocates for women-business. https://www.forbes.com/sites/rhettbuttle/2020/08/31/a-conversation-with-jen-earle-national-ceo-of-the-national-association-of-women-business-owners/?sh=3635c0743e5b 

She believes that to be resilient, women should take advantage of the 4 C’s of entrepreneurship. https://www.forbes.com/sites/rhettbuttle/2020/08/31/a-conversation-with-jen-earle-national-ceo-of-the-national-association-of-women-business-owners/?sh=3635c0743e5b 

Women entrepreneurs ask for roughly $35,000 less in business financing than men. https://www.fundera.com/resources/women-owned-business-statistics 

Women entrepreneurs start their businesses with median startup cash of $8,000, compared to $30,000 for men. https://www.forbes.com/sites/elainepofeldt/2013/05/28/the-confidence-gap-and-women-entrepreneurs/?sh=725df5b642c5 

Nearly 66% of men say they are confident that they can start a business, but less than 50% of women say the same. https://www.forbes.com/sites/elainepofeldt/2013/05/28/the-confidence-gap-and-women-entrepreneurs/?sh=725df5b642c5 

In the last 20 years, the number of businesses owned by women in the US has increased by 114%. https://whattobecome.com/blog/women-entrepreneurs-statistics

Learn more about NAWBO:
https://www.nawbo.org 
https://www.instagram.com/nawbonational
https://www.facebook.com/nawbo 
https://twitter.com/nawbonational 

Resources for Small Businesses:
Venture Forward study: https://www.godaddy.com/ventureforward
Up-to-date info on COVID-19: https://www.cdc.gov
COVID-19 resources and grant information: https://www.covid19businesscenter.com

The information contained in this video is provided for informational purposes only and should not be construed as an endorsement or advice from GoDaddy on any subject matter.

#GoDaddy #OpenWeStand #WomenEntrepreneur #NAWBO