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February 25, 2013News for women business owners

  Top Story 
  • Entrepreneurial advice from Arianna Huffington
    Entrepreneurs can increase their odds of success by pursuing business ideas that excite them and that match the "spirit of the times," according to Arianna Huffington. It's critical to listen to your gut when making hiring decisions and to remove troublemakers from your organization. "I would rather have somebody much less brilliant and who's a team player, who's straightforward, than somebody who is very brilliant and toxic," she said. The Huffington Post/The Blog (2/22) LinkedInFacebookTwitterEmail this Story
  Business Trends 
  • Some business advocates support minimum-wage hike
    Some business groups oppose President Barack Obama's proposal to raise the federal minimum wage, but others are supportive of the idea. "If the customer base is undermined because wages are so low, they feel it directly," said Holly Sklar, founder of Business for a Fair Minimum Wage. Many small businesses already pay their employees more than the federal minimum wage to make jobs more appealing to qualified workers, experts say. Bloomberg Businessweek (2/21) LinkedInFacebookTwitterEmail this Story
  Small Business Spotlight 
  • Should your employees be wearing fewer hats?
    Startups tend to be staffed by entrepreneurial workers capable of juggling endless tasks and responsibilities, says Serena & Lily CEO Lily Kanter, but established companies tend to employ specialists who focus on a single area of business. The trick is to make sure your firm strikes a balance and retains some of its multi-hatted entrepreneurs as it grows, she says. "I think keeping that entrepreneurial ability alive in a company is really important," she says. The New York Times (tiered subscription model) (2/23) LinkedInFacebookTwitterEmail this Story
  Social Media Buzz 
  • Getting started on Twitter: Tips for small-business owners
    After choosing a Twitter handle and filling out your bio, you can begin to build your presence on the social network by tweeting content that your followers will care about, writes Álvaro J. Soltero. "[T]he most important resource you can use to build a Twitter community is your knowledge of your target market and how to reach them," he writes. You can gauge your success by tracking the number of clicks your content gets and monitoring the use of your hashtags. Social Media Today/Leaf's SMB Blog (2/24) LinkedInFacebookTwitterEmail this Story

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  NAWBO (R) News 
  • Join us at America's Small Business Summit
    America's Small Business Summit 2013 is April 29 to May 1. Join small businesses and executives from NAWBO and the U.S. Chamber of Commerce who will come from across the country to network, learn from business experts and advocate for pro-business policies. NAWBO is co-sponsoring this event. LinkedInFacebookTwitterEmail this Story
  • Save the Date: Women's Business Conference 2013
    For this year's NAWBO Women's Business Conference, we are headed to the only major city in the U.S. founded by a woman; one of the most diverse cities, with 150 ethnicities who speak 60-plus languages; and home to the largest cruise ship port in the world. Save the date: Oct. 3 to 5 in Miami at the Intercontinental Hotel. Details to come. LinkedInFacebookTwitterEmail this Story
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  Technology 
  Best Practices 
  • Finance exec offers insight on getting ahead in business
    Don't eschew the "soft skills" you might have as a woman leader, because they can help you get ahead, writes Mary K. Kinney, executive vice president and chief operating officer of Ginnie Mae. Kinney offers 10 pieces of advice for women who want to reach the top professionally. They include embracing humility and patience. "In today's 'instant gratification' world, it's sometimes difficult to remember that success takes time," she writes. WomenOnBusiness.com (2/22) LinkedInFacebookTwitterEmail this Story
  • How to get better at cold calling
    Cold calling can be intimidating, but you'll be more successful if you outline what you'll say and work with a list of prospects who would be interested what you're providing. Then, practice your technique with a recording device, and use a warm, professional tone during conversations with prospects. Entrepreneur online (2/21) LinkedInFacebookTwitterEmail this Story
  Policy Update 
  • How your hiring and research can lead to tax savings
    Companies that hire certain groups of employees, such as veterans and those who rely on food stamps, remain eligible for a tax credit under the American Taxpayer Relief Act. The act, passed earlier this year, extended this tax break, known as the Work Opportunity Tax Credit, and the Research Tax Credit. Activities that qualify for the research credit include the development of new or improved products and processes. Inc. online (free registration) (2/22) LinkedInFacebookTwitterEmail this Story
  Lifestyle 
  • Face your fears to make positive changes
    Don't let fear keep you from making positive changes in your life, writes Juliana Stock. Understand that fear is separate from the facts of the situation, and the feeling will eventually pass. Focus on doing one thing at a time, and reach out to your network of supporters, she recommends. You may be tempted to hide from the world, but "isolation feeds desperation and only digs the hole deeper," she writes. The Huffington Post (2/23) LinkedInFacebookTwitterEmail this Story
  SmartQuote 
It is wonderful how much news there is when people write every other day; if they wait for a month, there is nothing that seems worth telling."
--Anna Masterton Buchan,
Scottish writer


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Founded in 1975, NAWBO® propels women entrepreneurs into economic, social and political spheres of power worldwide. Thirty years later, NAWBO® is still the only organization that solely represents the interest of women entrepreneurs in all industries. NAWBO® and Women Mean BusinessTM are registered trademarks of the National Association of Women Business Owners. For more information, please visit www.nawbo.org.
 
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