Word: startingly
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Dates: during 1980-1989
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...Hallanan, who would like to start her own magazine someday, the stories she heard will serve as guidance about what to do -- and what not to do. But then Hallanan also has a role model closer to home: her mother has owned a real estate firm since 1984. "Many of those I spoke with saw starting a business as an outgrowth of the balancing act that so many of them perform at home, from budgeting the grocery list to planning family vacations," she says. "Being an entrepreneur and a woman can be a 36-hour...
...that is transforming the face of American business. Like Farrar, millions of women are setting up their own businesses and pursuing the entrepreneurial pot of gold that used to be mostly a man's dream. While there have always been a few women with the initiative and opportunity to start a company from scratch, they were the exceptions. No longer. At least 3.7 million of the more than 13 million sole proprietorships in America are owned by women, nearly double the 1.9 million such businesses they owned ten years ago. The Small Business Administration expects that one-half...
Many banks will not extend commercial loans to women unless their husbands or other men in the family cosign the application. "Everyone thought it was funny that I wanted to start my own asphalt-paving company," says Carolyn Stradley, 42, who founded C&S Paving, an Atlanta firm (1987 revenues: $2.5 million) after helping run a similar company. "Bankers would tell me, 'Honey, you can't make a living in that business.' " Stradley finally got a loan after her brother, who was unemployed and had once been bankrupt, cosigned...
...nonprofit Manhattan center, AWED offers courses in marketing, finance and other business basics. Says Beatrice Fitzpatrick, founder and president of AWED: "We're teaching women the rules of the game." Since 1977, 1,267 entrepreneurs have graduated from AWED's 18- month program. Only seven of the AWED-guided start-ups (0.6%) have declared bankruptcy. Bootstrap programs for would-be entrepreneurs have also sprung up in Illinois, Pennsylvania, Minnesota and other states...
...domestic and foreign owners. Instead of tying up their resources in Government IOUs, investors would have to funnel their assets into private industry. This would promote economic growth. The process, says Moynihan, "will put the federal budget back in the black, pay off the privately held government debt, jump-start the savings rate and guarantee the Social Security trust funds for half a century and more...