Meet, Munch & Mastermind on Wednesday

Our most favorite NEW event of the year is coming early! Formerly held in October, Crain’s Small Business week has moved to May and is happening right now! We of course put on our favorite luncheon event at Shannon’s Irish Pub in Glen Ellyn, which takes place on Wednesday, May 4 from 11:30 am to 5 pm.

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Meet, Munch & Mastermind: An Agenda to Reach Your Highest Potential From Women’s Business Experts is a Dynamic Networking Luncheon followed by educational talks designed specifically for women entrepreneurs. Participants will enjoy lively, enlightening education from business experts and be provided opportunities for brainstorming personal concerns/questions related to the topics discussed. Our first two events were inspiring and engaging, so you don’t want to miss this one!

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Angel Simmons will discuss “The Launch Pad: Transitioning From Faithful Employee to Fabulous Entrepreneur.” Participants will gain a more realistic perspective of what’s really needed to make the transition from employee to entrepreneur as well as resources to help them cross over when they’re ready. Participants will leave feeling empowered to make the first step towards their dream. And, through some interactive participation, they will be affirmed by other women in the session.

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Angel Simmons is a multi-talented artist with a B.A. from Columbia College Chicago. She has worked in youth and young adult ministry, conference planning and as a mentor to youth in Chicago’s Englewood community. She believes in the healing power of the arts and is committed to helping others discover their God-given gifts. Angel is an advocate for healthy and fulfilling relationships, and promotes love and connections daily throughout her social media networks and her blog, “Love’s Great Design”. She holds professional certifications in Soul Care and Biblically-based Counseling, Love and Relationships, Stress and Trauma, Grief and Loss Coaching, and is a certified QPR Gatekeeper for suicide intervention. Angel was crowned in 2015 as the Ms. Worldwide Illinois Ambassador for the Live Out Loud Charity, with her platform being suicide intervention, depression awareness, and grief and loss support.

Ingrid Morris will take the mystery out of numbercrunching with: “Do You Know Your Numbers?” The number of female entrepreneurs are on the rise! Women own 10.6 million businesses in the United States. They employ 19.1 million workers–that’s one in every seven employees. Their businesses account for $2.5 trillion in sales. Yet, 1 of 5 businesses fail. It’s not for lack of great product or services, but one of lack of financial acumen and operational knowledge. The question becomes, ” do you know your financial vitals; sale revenue, gross profit, net margins. This interactive discussions clears the financial fog, and gives women the basic financial understanding and knowledge to speak the language of finance and position their business for growth. Learn how to create financial projections, drive profitability, and increase your customer base.

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Ingrid Morris has spent 20 years skyrocketing up the corporate ladder. Out of her love and affinity for numbers since the age of 5, she has utilized her gifts and talents to manage and grow financial portfolios that range up to $200MM in revenue. In 2014, “The Numberz Girl” opened Morr Solutions Unlimited; a revenue generation and life maximization firm for women. Most recently, she spends her time in Hollywood with celebrity clients helping them to create and sustain profitable careers through building financial projections and increasing their revenue portfolios. She is also the Founder of the ProfitFirst Academy for Women.

Delmar Johnson will share her HR Brain with  “Hire Right in the Shift, From Preneur to Employer: Don’t Let Your Guts Do All the Talking.” Like most business owners, you started your company wearing many hats and doing it all: sales, marketing, operations, product development, accounting and more!! Now that it is time to expand your business, do you know how to strategically add teammates to help accomplish your mission and goals without blowing your budget? This session will share vital tips to help business owners & leaders understand the what, how, why and when adding interns, volunteers, employees (Form W-2) and independent contractors (Form 1099) to their team is necessary and do it from an informed position.

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With over 20 years of experience working with big corporations, small business owners and new entrepreneurs, human resource guru and visionary Delmar Johnson founded HR Brain for Hire™ as a trusted and resourceful solution for first time employers in need of affordable, efficient, and top notch recruitment, training and HR services. Delmar’s personal story, which includes multiple layoffs, life challenges, and her own dive into entrepreneurship, gives her a perfect mix of formal knowledge and “real life” experience that she pours into each client and their unique needs. Business owners love Delmar because her talent and passion for HR allow them to fall in love with their business all over again by getting them the right support that they so desperately need while saving them time, money, and headaches. In offering solutions, interactive workshops, and professional development training, Delmar’s goal is twofold: 1) to offer value-added solutions to women-owned business owners, positioning them as an” employer of choice” through the establishing of HR tools, standards and systems; and 2) to equip women to design their own career path by connecting who they are authentically to what they do to serve the world.

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Our $30 luncheon includes a delicious meal, these fabulous speakers, and opportunities to make connections with other attendees. Join us Wednesday, May 4, 2016 from 11:30 AM to 5:00 PM at Shannon’s Irish Pub, 428 N Main St, Glen Ellyn, IL.

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NEW – The Network of Entrepreneurial Women is a group of Chicagoland business women who are upgrading business networking with fun and creative events that inspire attendees to work together, refer each other and most of all cheer each other on as the membership succeeds. Events rotate around various suburbs on a semimonthly basis, usually the 2nd Wednesday and 4th Thursday of the month. RSVP for our upcoming events at Meetup, or like us on Facebook and check up on our organization here.

Adaptability, a key trait of entrepreneurial women

“All women adapted to what they were dealt and made it work.”
~ Barbara Joan Zeitz

In early October the Network of Entrepreneurial Women celebrated Crain’s Small Business Week with a lovely gathering of small business owners in Glen Ellyn.

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As we perused the menu and got to know each other, Rebecca Sturgeon (LMT, CMLDT) gave us chair massages to relax our muscles and our spirits.

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We ordered delicious sandwiches from Shannon’s Irish Pub’s special menu, which nourished us sufficiently to take in all the information disseminated that day.

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During lunch, Barbara Joan Zeitz presented several historic women who ‘leaned in’ before Sheryl (Sandberg). Relaying the stories of Rose Knox, Helena Rubinstein, Ida Rosenthal, and Olive Ann Beech, we discovered that women can start careers at any age, against all odds, and thrive.

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Rose Knox started a Gelatin business with her husband Charles. The couple refined the time consuming recipe of boiling, straining and clarifying the ingredients for gelatin, and Rose gave away recipes with each purchase. When she was 50, her husband died and Rose took over the business, causing the departure of a male manager. Rose supported work equality by closing the back door so women and men would both enter and exit via the front door of the manufacturing plant. She was  a pioneer in nutrition, test kitchens, labor relations and creating the gel tab.

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Helena Rubinstein brought 12 jars of face cream to Australia from Poland at age 24. She settled in a small sheep grazing village but set about selling style and fashion to the local population. Her cream incorporated lanolin that had an awful aroma for which Helena experimented with scents. 6 years later she had a viable business in Melbourne. Helena pioneered the concept that beauty was a new power. She also established professional standards for beauticians, developed luxurious packaging, garnered celebrity endorsements. After the stock market crash she refocused on establishing salons and developed a financial empire that made her one of the richest women in the world.

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Ida Rosenthal did not buy into the flapper look, which failed to address more buxom women. Her husband, a sculptor, helped her design a bandeau that would offer support within a dress. When the dresses with these built-in bandeaus became popular, the Rosenthal’s developed the first brassiere by joining the two cups together with elastic. Ida’s husband died in 1966, and Ida ran the multimillion dollar company herself until her death in 1973. Maidenform continues to be a popular brand.

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Olive Ann Beech partnered with her husband to establish Beech Aircraft during the era of cross-country air races. World War II called for an expansion to support wartime production, and Beechcrafts became the standard training vehicle for military aviators. In 1950, her husband died. She secured a $16 million loan during the Korean war and expanded her employee base from 2800 to 13,000 that year.  Post-war, Olive Ann focused on space age production in partnership with NASA.

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Barbara recounts the stories of numerous other real life heroines in A Thesaurus of Women and her online column: “CountHerhistory”. Her second book should be coming out by the holidays, and will be a perfect gift for your leading ladies.

“Love is what is selling business”
~ Larvetta Loftin

Janice M Faris, Accountant and Principal/Owner of Janice M Faris, EA, helped us to think about how we pay ourselves as entrepreneurs. It shouldn’t just be about covering costs, but also about the lifestyle we want to establish for ourselves and support in perpetuity. She pointed out that even a not-for-profit pays their employees (and some very well), so that being a non-profit has nothing to do with giving yourself a salary.

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Jan pointed out that it is very important to make retirement part of that income equation, and to take inflation into account as well. Jan can help solopreneurs determine whether to set up as a a sole proprietorship, whether to incorporate or whether to establish an S-Corp and what the tax implications of each are. She and her partner Peggy Goddeau also take a comprehensive look at all your financial inflows, outflows and help project what you will need in the future to sustain your lifestyle.

“We tend to flock.
We have to make our own path and learn from other women.
Just because there is a path doesn’t mean we all fit onto it.”
~ Jan Faris

We discussed how we can improve our brands with marketing strategist Larvetta Loftin. Larvetta’s L3 Eventeurs provides lifestyle marketing, advertising, public relations, and live engagement events to a broad array of clients. Larvetta had us identify our favorite brands, and made the profound statement that the brands we admire share our customers and clients.

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She said that brands that stick to their passion and purpose do better than those who change their business model. It is easy to leave loyalists and brand influencers behind if you do not keep reinforcing your promise to them. Larvetta also emphasized that collaboration is key. Partnering with businesses who share your vision can strengthen both brands. Key questions to ask when developing your brand are:

1. What is our promise?
2. What is our why?
3. What is our influence?

She also stated that branding is not just a logo, and social media is not a strategy, it is a tactic. Branding is a part of marketing and establishes your perceived value. Larvetta enjoys working one-on-one with small business owners to determine their brand and create a strategy with them.

“You can be a small business but a big brand.”
~ Larvetta Loftin

Karen McCormack covered the new guidelines and brackets for health care.  One key change Karen noted is that being a woman is no longer considered a “pre-existing condition”—when previously there was a large discrepancy between health care costs based on sex. Reproductive and preventive care should be free under the new insurance plans. Ageism has also been addressed with Obamacare, no longer penalizing older people for their age.

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Health insurance is now standardized into tiered plans: Bronze, Silver, Gold and Platinum that vary by the ratio of payments to benefits. This standardization does impact some of the networks insurance providers recognize, so it is important to check with your doctor on what network they are in when making decisions. Penalties for not having health insurance are going up, so it is important to take advantage of the current open enrollment period through Januray 31. As an independent insurance broker, Karen can assist anyone with navigating Obamacare 3.0, whether switching from group insurance to personal insurance, setting seniors up with medicaid and assisting small business owners with group plans. Karen is licensed in 13 states.

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All attendees went home with goodie bags. NEW will be on hiatus through the holidays, but stay tuned for our charity fundraiser in February 2016.

NEW – The Network of Entrepreneurial Women is a group of Chicagoland business women who are upgrading business networking with fun and creative events that inspire attendees to work together, refer each other and most of all cheer each other on as the membership succeeds. Events rotate around various suburbs on a semimonthly basis, usually the 2nd Wednesday and 4th Thursday of the month. RSVP for our upcoming events at Meetup, or like us on Facebook and check up on the calendar there.

Some photos courtesy NetworkHoncho.com.

Learning and growing with NEW

NEW’s Crain’s Small Business Day was a blast, and full of nuggets of wisdom by our fabulous guest speakers. During our meet and greet ladies mingled and were introduced to NetworkHoncho.com with their pop-up of a new small business networking tool that is currently in beta launch.

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Members and visitors also perused my wares at my pop-up table.

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Then we gathered around for formal introductions and a business card exchange, with a variety of very interesting businesses represented.

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After learning more about each other we split into three groups for roundtable discussions.

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Peggy Goddeau discussed retirement planning, highlighting how inflation and taxation do not increase at the same rate, and we thus have to base our retirement planning on projected true buying power. She recommends a balance between cash flow and debt management based on three categories of assets: protection, savings and growth. As a financial advisor with The Heartland Group, Peggy offers consulting services for anyone at any age to ensure their retirement is on the right track.

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Dr. Crystal Foreseman Landers offered wellness tips which included an 80/20 rule for eating whole foods (80% of the time), and allowing for 20% of not-so-nutritious meal or snack decisions. This would allow for 2 ‘cheat’ meals a week, creating less pressure than a vigorous diet. She also recommended having lean protein with each meal to counteract food cravings, and paying attention to what we are eating instead of multitasking while we chew. She also recomended drinking 1/2 of your body weight in ounces to stay properly hydrated.  Dr. Crystal offers additional naturopathic health tips at Living Tree Natural Health, Inc.

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Author and speaker Niquenya D. Fulbright discussed the 4 P’s of profit, which are not price, product place or promotion, but passion, purpose, partners and productivity. She recommends that to achieve a goal, we need to make a list of weekly steps to get there. This makes long-range planning far more effective, because we know we can do one thing a week in a specific category, and then feel more accomplished about doing another thing the next week. She also stated that sunk cost should never be considered when making a decision (and who isn’t guilty of hanging on to something just because we spent so much time and money on it already?). As President and CEO of Building Bridges Consulting, Niquenya transforms dreamers into successful entrepreneurs by giving them the tools to turn their passion into a viable business.

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After all this insightful learning it was time for a pint and we gathered around to dine on our host Shannon’s Irish Pub’s delicious food.

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NEW will gather tomorrow in Geneva for our November Meet & Munch. We will revisit the lovely Peaceful Parlour for some tea time and to gather ideas for eco-friendly holiday shopping.

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Peaceful Parlour is an eco-friendly shopper’s paradise located in Geneva, IL. The boutique offers products that are locally made, USA made, natural or organic, hand crafted and made from renewable or sustainable materials. Their focus is to find products with environmental and community benefits, supporting local artists, small businesses, fair trade and women co-op groups around the world.

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Due to Thanksgiving, this will also be our only event for November. No Wine, Women and Wellness on 11/27, since we’re all likely to be gathered around dinner tables.

Photos copyright NetworkHoncho.

NEW – The Network of Entrepreneurial Women is a group of Chicagoland business women who are upgrading business networking with fun and creative events that inspire attendees to work together, refer each other and most of all cheer each other on as the membership succeeds. Events rotate around various suburbs on a semimonthly basis, usually the 2nd Wednesday and 4th Thursday of the month. RSVP for our upcoming events at Meetup, or like us on Facebook and check up on the calendar there.

Masterminding Roundtables on Wednesday

Next week is Crain’s Small Business Week, and once again the Network of Entrepreneurial Women is participating in the event. On Wednesday, October 8 we will host three guest speakers at Shannon’s Irish Pub in Glen Ellyn. First, we’ll have a pop-up trunk show, at which I’ll have some pieces and other members will showcase their products and services. Then we will have Mastermind Roundtable sessions with our guest speakers, after which we will network and place delicious food orders.

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The 30-minute roundtable talks are designed specifically for women business owners. After each session, you’ll have the opportunity to rotate on to a new table with a different group of fellow participants to enjoy another lively, enlightening talk. Each session will include expert speakers and provide opportunities for brainstorming personal concerns/questions related to the topic discussed.

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Roundtable Talks will include:

A casual dinner will follow, where attendees will each have the opportunity to eat, network and connect with women business owners representing a variety of industries from throughout Chicagoland. Last year’s event was a blast and we look forward to toasting each other to missions accomplished since that gathering.

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NEW – The Network of Entrepreneurial Women is an exciting, fresh group of Chicagoland business women who are upgrading business networking in the Chicago suburbs and beyond. Focusing on no nonsense networking, the group holds fun and creative events that inspire attendees to work together, refer each other and most of all cheer each other on as the membership succeeds together.  NEW was founded in 2013 by by Karen McCormack, Independent Insurance Broker, Erica Thomas, one of the two lead programmers to create NetworkHoncho.com, and Wax and Wire Artist Maike van Wijk, Chief Marveler at Maike’s Marvels.

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The NEW art of networking involves events that remind us why we love being entrepreneurs, and introduces attendees to other radiant, inspirational women entrepreneurs as we form a community that is open-minded, focused and friendly. NEW: Inspiring, enlightening and encouraging women to reach their highest potential.

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Naturopathic doctor and multi-disciplinary healer, Dr. Crystal Foresman-Landers, OTR/L, ND, received her doctoral degree in Naturopathic Medicine in 2012 from National University of Health Sciences in Lombard, Illinois and her Occupational Therapy bachelor’s degree in 2000 from the University of Illinois at Chicago. She has vast experience in women’s health, chronic pain management, pediatrics, and chronic health conditions. Dr. Foresman-Landers is certified in Sensory Integration therapy, and is also a practitioner of Myofascial Release, Craniosacral Therapy and Kinesiotape. She is passionate about the ways to return to optimal health through a whole person approach which includes improving immune system and gastrointestinal health. She is devoted to restoring wellness by focusing on an integrative approach that includes strategies for chronic pain management, preventative medicine and detoxification strategies.

NiquenyaFulbright

Niquenya D. Fulbright is President and CEO of Building Bridges Consulting, a small business consulting and executive coaching firm specializing in transforming dreamers into successful entrepreneurs. Ms. Fulbright possesses over 15 years’ experience partnering with small business owners, aspiring entrepreneurs, and nonprofit leaders to bridge the gap between where they are now and where they need to be to build successful, sustainable, and profitable business models. Her love of mentoring, teaching, coaching, and networking with visionary dreamers has led her to assume positions such as the Co-Area Director of the Chicago chapter of Networking in High Heels – a national networking group for professional women in business, Strategic Director for the CTW International Ministry – a nonprofit whose mission is to raise awareness and restoration for victims of sex trafficking, and Volunteer Coach (Formerly Director of Training & Recruitment) for New Life Coach Inc. – a nonprofit organization that provides six weeks of free life coaching to underprivileged individuals. Ms. Fulbright also provides Workforce Development and Entrepreneurship training, coaching, and consulting for several Chicago Housing Authority programs administered through the Chicago Urban League on the south side of the city.

PeggyGoddeau

Peggy Goddeau is a Financial Advisor with The Heartland Group. She made a very thoughtful decision to transition out of medical practice and leverage all her training and experience into the financial services industry. Her passion is to work with small business owners, individuals and families, to develop protection-based, financial strategies that are holistic and flexible, which optimizes all of their resources to help achieve tangible wealth and financial security. She does this by guiding them through a five step process which will: Clarify, Organize, Evaluate, Educate, and Develop/Implement (CO-EED) those strategies. Registered Representative of and securities and Investment Advisory Services offered through Hornor, Townsend, & Kent, Inc. (HTK)  Registered Investment, Member FINRA/SIPC. The Heartland Group is independent of HTK. A4CM-0729-03E2

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The entire half day event is free. Each participant pays for her own dinner off of Shannon’s Irish Pub Special Event Menu. RSVP on Meetup or Facebook.

NEW – The Network of Entrepreneurial Women is a group of Chicagoland business women who are upgrading business networking with fun and creative events that inspire attendees to work together, refer each other and most of all cheer each other on as the membership succeeds. Events rotate around various suburbs on a semimonthly basis, usually the 2nd Wednesday and 4th Thursday of the month. RSVP for our upcoming events at Meetup, or like us on Facebook and check up on the calendar there.

Crain’s Small Business Roundtables

October began with much energy that has not let up yet.

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The Network of Entrepreneurial Women was invited to Crain’s Small Business Week, and we hosted an afternoon of networking, business discussions, and fun at Shannon’s Irish Pub in Glen Ellyn.

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photo courtesy NetworkHoncho.com

We had some wonderful and lively ladies attend and each of us took away new wisdom.

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photo courtesy NetworkHoncho.com

Karen McCormack hosted a roundtable discussion on health care reform, which garnered a lot of attention and discussion. She had prepared some handouts for us that shed more light on the upcoming changes, including the different healthcare standardized plans, called metallic tiers.

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Navigators are available to assist consumers in enrolling in a plan on the new (insurance) Marketplace. Navigators are not licensed insurance brokers and cannot offer advice about the insurance itself.  Healthcare brokers can assist in determining whether one should change to one of  the new plans or allow a ‘grandfather clause’ to take effect and stay in their current plan for another year.

“People will still deal with health insurance companies.
They will either get help paying for it or not.”
~ Karen McCormack

Karen is a certified healthcare broker, which is different from a navigator. She has federal and state licenses, certifications to sell on the new marketplaces and is also certified in Medicare. Her consultation is free of charge and provides a well-researched overview of individual options, including catastrophic supplemental plans. She has extensive knowledge and experience with health insurance and the companies that provide this insurance.

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“Our country is undergoing a paradigm shift in the way that insurance is delivered and used by consumers. We are all learning what this means individually, but insurance brokers have been immersed in the changes for the past several years and are on the front end of the learning curve,” Karen said.

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Technology expert Erica Thomas facilitated a discussion on social media, something many business owners are daunted by. Highlights of her discussion included insider tips on how to maximize the impact of social media for business, and group collaboration on how to translate successful traditional marketing techniques into equally successful online marketing campaigns.

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Erica shared several of her tried-and-true tips for managing an effective social media presence for your business, focusing on methods she has used in social media consultations for years, and on what she has learned as one of two lead programmers at NetworkHoncho.com.

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Then, each attendee shared what their favorite traditional non-internet methods of marketing were, and the entire roundtable group participated in suggestions for using the same methods online.

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The most popular non-internet marketing was word-of-mouth, and each roundtable found itself noting how mind-to-mind business connections online, when approached correctly, can be as effective for business as face-to-face interactions.

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photo courtesy NetworkHoncho.com

Then those who hadn’t visited my table yet gathered for a fun and colorful creative session.

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Even those claiming not to have a crafty bone in their body realized that making a flower and a stick figure is easier than it seems. To me it is the perfect analogy to business and life. We can look at a straight line and bend it any way we want to.

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You can be daunted by the end goal but it might be simpler to complete a project than it seems.

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Like pipe cleaners, life is very forgiving in letting us make changes, and we can infuse our own personality into our business and our lives.

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Our roundtables were followed by Shannon’s delicious dining options, and we had a blast toasting to a successful day. More photos are in our Meetup album, and past events can be perused on this blog.

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We are looking forward to the Halloween bash at RA Sushi October 24 from 6 to 8 pm. RSVP at our Meetup page or Facebook page.

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The pipe cleaner men project is here. And the flowers came from this link.

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NEW – The Network of Entrepreneurial Women is a group of Chicagoland business women who are upgrading business networking with fun and creative events that inspire attendees to work together, refer each other and most of all cheer each other on as the membership succeeds. Events rotate around various suburbs on a semimonthly basis, usually the 2nd Wednesday and 4th Thursday of the month.

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Meet, Munch & Mastermind at Crain’s Small Business Week

“Great group of women
who truly care about expanding each other’s businesses!”
~ Casie Fields

Crain’s Chicago Business is hosting Small Business Week from September 30 through October 4, and NEW-The Network of Entrepreneurial Women is excited to participate and to be featured in the magazine!

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We will host Meet, Munch & Mastermind, an afternoon of roundtable discussions, in Glen Ellyn on Tuesday, October 1 from 2 to 6 p.m.  

Participants will attend 30-minute sessions of discussions on Healthcare Reform, Social Media for Business and Creativity in Business.

After each session, you’ll have the opportunity to rotate on to a new table with a different group of fellow participants to enjoy another lively, enlightening discussion. Each session will provide opportunities for brainstorming personal concerns/questions related to the topic discussed.

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Shannon’s Irish Pub, 428 N Main St, Glen Ellyn, where we had a delicious lunch at our initial Glen Ellyn outing, is hosting our group, and we’ll of course follow the business masterminding with a networking dinner.

“The great thing about Progressive Networking is
that you learn about other women’s awesome businesses,
and you even get feedback which helps your own business.”
~ Erica Thomas

Roundtables will include:

The entire half day event is free. Each participant pays for her own dinner from Shannon’s Irish Pub Special Event Menu

. RSVP at MeetUp or via Facebook. 

Learn more about previous Network of Entrepreneurial Women events.

“Fantastic group of women! I am looking forward to next time!”
~ Lina Bauer