Got a business idea but not sure of how to execute it? American Express recently launched a program that might help. “The American Express OPEN for Women: CEO BootCamp, created last month, offers an online community to support women entrepreneurs in three key areas: gaining confidence, competence and connections,” reports The Network Journal.
“CEO BootCamp will help [participants] work on the business rather than in the business through highly focused programs that will help entrepreneurs identify growth opportunities that have an impact on local communities while contributing to the U.S. economy,” said Susan Sobbott, president of American Express OPEN, in a press statement.
OPEN is the small business division of American Express. It offers help to entrepreneurs with insights and advice from experts and other business owners. “After years of talking with customers and sponsoring other women-oriented business events, American Express felt the time was right to launch its own leadership program just for women,” reports Business News Daily.
The annual BootCamp comes at the perfect time. The number of women-owned businesses are increasing. There are more than 8.6 million women-owned businesses in the United States, generating over $1.3 trillion in revenues and employing nearly 7.8 million people, according to a new survey, the 2013 State of Women-Owned Businesses Report.
Yet women face a variety of unique challenges. In fact, 34 percent of women entrepreneurs rate their networking skills as fair/poor and 85 percent report rarely/never seek advice from formal boards, according to the American Express OPEN Mindset Survey.
The CEO BootCamp, which is open to all women entrepreneurs, regardless of industry, size or revenue. And if you need some help in Networking 101, click here.