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February 15, 2013News for women business owners

  Top Story 
  Business Trends 
  • Class examines how more women can become business leaders
    A new class at Harvard Business School examines the low number of women on corporate boards with an emphasis on how to fix the problem. One strategy, says Boris Groysberg, the professor who created the class, is for women to establish more relationships with clients, sources, suppliers and others outside the organization for which they work. Bloomberg Businessweek (2/14) LinkedInFacebookTwitterEmail this Story
  Small Business Spotlight 
  • Va. business owner raises wages at Obama's suggestion
    In his State of the Union address Tuesday, President Barack Obama urged Congress to raise the federal minimum wage from $7.25 to $9. Kelly Wilson, owner of 3D Sports in Virginia, was listening to the speech and decided on the spot to raise her employees' hourly to pay to $9. "I'm not trying to set a trend," she said. "I'm trying to do what is right." Some say a higher minimum wage would lead to job losses; some say it would help low-wage workers. The Christian Science Monitor (2/13) LinkedInFacebookTwitterEmail this Story
  Social Media Buzz 

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  NAWBO (R) News 
  • and NAWBO release survey findings
    A national survey of women business owners conducted by and NAWBO finds a pervasive sense of economic optimism, including a prediction by most women business owners (85%) that more women will become entrepreneurs in 2013 than in past years. Read the press release. 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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  • The best mobile apps for running a business
    Mobile applications that allow you to sign documents, keep track of articles you want to read later and quickly send yourself an e-mail can help you run your business when you're away from the office, writes Adam Toren, who lists his top 10 app recommendations for entrepreneurs. Blogtrepreneur (2/13) LinkedInFacebookTwitterEmail this Story
  Best Practices 
  • Why you should try to keep talented workers from leaving
    Some employers see their workers as replaceable, but Amy Rees Anderson argues that this is not always true. The most talented workers are more important to a company's success than its technology or products, she writes. Replacing a great worker is costly and creates a gap in institutional knowledge, and the worker's departure could cause other employees and clients to wonder what went wrong. Forbes (2/13) LinkedInFacebookTwitterEmail this Story
  • Understand your management style to become a better leader
    Some leaders prefer to take charge of the decision-making process by using an autocratic or paternalistic management style, writes Lee Polevoi. Others would rather give their employees more responsibility by acting as democratic or laissez-faire managers. "By better understanding which kind of manager you are, you can adapt or modify your style as necessary and cultivate the most effective work environment for you and your employees," Polevoi writes. Intuit Small Business Blog (2/13) LinkedInFacebookTwitterEmail this Story
  • The 7 sentences you need for a marketing strategy
    It's important to create a strategy to guide your marketing efforts, but this strategy need not be complicated, write Jay and Jeannie Levinson in this excerpt from their book "Guerrilla Marketing Field Guide." Your strategy, which only has to be seven sentences long, should address topics such as your target audience and the tools you can use to reach them. Entrepreneur online (2/12) LinkedInFacebookTwitterEmail this Story
  • Making your website easy for customers to use
    Make sure your company's information is clear about what you do and that contact information isn't hidden, writes Monika Jansen. Consider using video to explain something the company does, and anticipate questions with a good FAQ. Cut back on unwanted customer contact by making instructions downloadable and providing transparent information about company policies. (2/14) LinkedInFacebookTwitterEmail this Story
  • Timeless basics for an entrepreneur's wardrobe
    A classic black blazer, a pair of nude pumps and eyeglasses with personality are among the six things entrepreneurs should have in their wardrobes, according to Kat Griffin of the blog Corporette. "A high-quality blazer is worth the investment because it's so versatile," she said. Entrepreneur online (2/14) LinkedInFacebookTwitterEmail this Story
At the end of the day, it won't be a great product or service or technology that makes a company succeed -- it is great people that make a great company."
--Amy Rees Anderson, founder and managing partner of REES Capital, writing at Forbes

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