Women Presidents Organization Increases Visibility of Women-Owned Businesses

By Firestone, Marsha | THE JOURNAL RECORD, April 1, 2002 | Go to article overview

Women Presidents Organization Increases Visibility of Women-Owned Businesses


Firestone, Marsha, THE JOURNAL RECORD


Of all the myths about women entrepreneurs, none is more at odds with reality than the one that women either do not want to, or are unable to, build and run large, thriving organizations.

Members of the Women Presidents Organization certainly prove the fallacy of that stereotype. The more than 450 members who belong to 27 WPO chapters around the United States and Canada, including one in Oklahoma City, are all successful entrepreneurs who run high- growth potential businesses in a variety of industries, from health care to trucking to manufacturing and high technology.

On average, the typical WPO member has been in business for 15 years, employs 85 people and posts annual revenues of $11 million.

That kind of success requires a specific set of ingredients.

l Strong management.

l A sound business plan.

l Solid financials.

l Dedicated employees.

l Innovative products and services.

These are the defining traits of WPO's membership, and the hallmarks of every successful, growth-oriented business. These are also the key ingredients venture capital investors look for when deciding which businesses to invest in.

Yet, when it comes to equity capital, women entrepreneurs barely appear on the radar screens of most venture capital investors. According to recent statistics from Venture One, a San Francisco- based consulting firm, women-owned firms accounted for just 6 to 8 percent of the companies that received the billions of dollars in private equity capital invested in businesses last year.

Increasing the visibility of women-owned businesses with high- growth potential is key to increasing the flow of private equity capital to women.

To raise the profile of WPO members and other successful women- owned businesses among venture capitalists, WPO is joining forces with Springboard Enterprises, a Washington, D.C.-based organization that assists women entrepreneurs who want to grow their enterprises and need funding to help them achieve their objectives.

The nonprofit organization sponsors educational programs and venture capital forums around the country that train women entrepreneurs on how to present their companies to venture capitalists and bring them face to face with private equity investors looking for a good deal. …

The rest of this article is only available to active members of Questia

Already a member? Log in now.

Notes for this article

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Default project is now your active project.
Project items

Items saved from this article

This article has been saved
Highlights (0)
Some of your highlights are legacy items.

Highlights saved before July 30, 2012 will not be displayed on their respective source pages.

You can easily re-create the highlights by opening the book page or article, selecting the text, and clicking “Highlight.”

Citations (0)
Some of your citations are legacy items.

Any citation created before July 30, 2012 will labeled as a “Cited page.” New citations will be saved as cited passages, pages or articles.

We also added the ability to view new citations from your projects or the book or article where you created them.

Notes (0)
Bookmarks (0)

You have no saved items from this article

Project items include:
  • Saved book/article
  • Highlights
  • Quotes/citations
  • Notes
  • Bookmarks
Notes
Cite this article

Cited article

Style
Citations are available only to our active members.
Buy instant access to cite pages or passages in MLA, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited article

Women Presidents Organization Increases Visibility of Women-Owned Businesses
Settings

Settings

Typeface
Text size Smaller Larger Reset View mode
Search within

Search within this article

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

Help
Full screen

matching results for page

    Questia reader help

    How to highlight and cite specific passages

    1. Click or tap the first word you want to select.
    2. Click or tap the last word you want to select, and you’ll see everything in between get selected.
    3. You’ll then get a menu of options like creating a highlight or a citation from that passage of text.

    OK, got it!

    Cited passage

    Style
    Citations are available only to our active members.
    Buy instant access to cite pages or passages in MLA, APA and Chicago citation styles.

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

    1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

    Cited passage

    Thanks for trying Questia!

    Please continue trying out our research tools, but please note, full functionality is available only to our active members.

    Your work will be lost once you leave this Web page.

    Buy instant access to save your work.

    Already a member? Log in now.

    Oops!

    An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.