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The “useful and inspiring” (Diane von Furstenberg) guide for female entrepreneurs who want to take their businesses into the big leagues.
“Do you have an ambitious vision for your business, but aren’t sure what to do next? Successful entrepreneur Julia Pimsleur provides an invaluable guide for any woman who wants to make a big jump” (Gretchen Rubin, author of Better Than Before and The Happiness Project).
Over the past twenty years, women in the US have started nearly twice as many businesses as men, but only three percent of all women business owners ever make revenues of one million dollars or more. Most are stuck running kitchen-table businesses, just getting by, or in many cases, running out of cash. Julia Pimsleur aims to change that with Million Dollar Women, which will show you how to take your business to that million-dollar mark and beyond.
Million Dollar Women introduces you to Pimsleur and seven other women who have raised capital, developed powerful networks, and built multimillion-dollar companies from scratch. It teaches you the concepts and the vocabulary you need to secure funding and scale up. It explains how to make the right connections, when to delegate, and when to seek coaching and support. Drawing on her own experience of becoming a CEO, Pimsleur also provides help for overcoming the hurdles you have to clear to leap to that next level. “With thought-provoking interviews of women entrepreneurs and other business experts and important exercises at the end, this resourceful book is rich in ideas and valuable insight” (Booklist).
"Financial freedom is one of the last front lines of feminism," writes Pimsleur, the CEO and founder of Little Pim, which creates language-learning materials for children. This spirited business guide identifies a relative lack of resources and opportunities available to female business owners. Aimed at women interested in running successful businesses, including CEOs preparing for fundraising drives, solo operators intent on improving their work, and budding entrepreneurs, this book seeks to help readers bridge that gap. There's much to overcome: as Pimsleur relates, only 3% of businesses owned by women ever generate more than $1 million in revenue, 50% of all new businesses fail within the first five years, and, because of the glass-ceiling skew, women tend to have male advisors, coaches, and mentors who don't understand the unique challenges facing women in business. Pimsleur takes on some of the major competency requirements and hurdles women may face, including getting angel or venture funding, nurturing allies, handling foes, assembling the best team, and building networks. Packed with case studies and stories of Pimsleur's own history and rise, this enthusiastic, encouraging guide is a great Business 101 for entrepreneurial women. Zoe Pagnamenta, Zoe Pagnamenta Agency.