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Sonabank P.O.W.E.R. Plug Podcast for Women in Business

Are you a woman who wants to charge up her business? You’re in the right place! This is the P.O.W.E.R. Plug Podcast by Sonabank where we believe in the Potential of Women Entrepreneurs Realized – and all women with an entrepreneurial spirit. In each episode host Mary Foley talks with women in business who shares their practical advice, tools and tips to help build your business and keep you energized!
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Sonabank P.O.W.E.R. Plug Podcast for Women in Business
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Now displaying: 2019
Jul 8, 2019

Venture capital is a term you may associate with the TV show Shark Tank or as the primary funding source behind big companies like Facebook, Starbucks, and Uber. But what is venture capital funding and how can you use it as part of your business growth strategy? When it comes to financially supporting your business, can you use venture capital to expand when a traditional loan is out of reach? And, how do you know if your business has the high-level metrics, market traction, and scalability private equity investors are looking for? 

 

To break down venture capital into bite-sized, easily digestible pieces, host Mary Foley speaks with Liz Doerr, co-founder and fractional CFO of Sandbox. Sandbox is an outcome-focused team of finance, operations, and employee consultants helping companies launch, grow, and monetize their emerging businesses. Liz co-founded the company because she is passionate about helping entrepreneurs get the funding they need to become successful.

 

After hosting an event for women investors where the number of women who attended was more than double what she expected, Liz co-founded Virginia Women in Venture with a group of her mentors. She finds inspiration in helping women find their place in the venture capital and private equity space.

 

Listen and learn:

 

  • Venture capital basics
  • The difference between public and private companies
  • When to turn to venture capital investment over traditional loans
  • What venture capitalists look for when deciding to invest in a business
  • How small business owners can utilize venture capital investments
  • Examples of businesses who successfully secured venture capital funding
  • Timelines and options of private equity funding
  • How likely women are to receive venture capital funding
  • Opportunities for women to invest in private companies
  • Diversity issues that exist in the private equity space


Work Hard Play Nice - Sandbox Website

Liz Doerr on Linkedin

Virginia Women in Venture

Jun 7, 2019

When you started your business, did you pick a bank based on convenience because a bank is a bank is a bank, just a place to store money and pay bills? What if there was a bank leading a movement for women entrepreneurs and all women in business with an entrepreneurial spirit? Would that make a difference?

 

According to a 2017 study published by American Express, women are opening 1.5 times the number of businesses than men. Over the past 20 years, the number of women owned business has grown 114% and there are an estimated 11.6 million women-owned businesses in the U.S. Sonabank noticed this powerful trend and decided these women deserved more from a bank.

 

Host Mary Foley speaks with Joe Shearin, CEO of Sonabank, about how the idea for the P.O.W.E.R. program came about, why it’s become a movement of entrepreneurial-minded women, and the impact of the most powerful woman in his life.

 

Listen and learn:

 

- How P.O.W.E.R. got started

- The role of the bank’s Board of Directors in launching and continuing to support P.O.W.E.R.

- The program’s key benefits that make of P.O.W.E.R. make than a bank

- Why P.O.W.E.R. has become a movement of women entrepreneurs and all women in business with an entrepreneurial spirit

- What the future of P.O.W.E.R. looks like

- 6 tips on making your business successful from 38 years of banking experience

- The financial measurement for your business that matters more than revenue growth

- The most powerful woman in Joe’s life and the impact she’s made

 

Sonabankpower.com

Mar 6, 2019

Many small business owners and entrepreneurs find business or personal travel planning a stressful endeavor. There are a multitude of components that go into having a great travel experience. Circumstances arise when logistics change, online offers expire, travel companions need separate arrangements, or a client mandates an alternative meeting time. Utilizing the services of a Travel Advisor can make your travel more productive, more affordable, and help you grow your business.

 

Plus, travel incentives are the best way to demonstrate how much you appreciate your high-performers and get team members out of the office in a diverse and fun environment.

 

Host Mary Foley speaks with the CEO of Tour Plan International, Stella Capocelli Carter about the exciting world of business and personal travel. Stella has been a travel industry insider since 1982. During this episode, she shares the top travel tips rarely shared by the travel industry, how organizations can save big money on group excursions, and inventive ways companies can use incentive travel to build relationships between nationwide teams and to retain valuable employe.

Listen and learn:

 

  • The questions you should be asking yourself before you make your travel plans
  • How to manage your travel spending
  • How to be savvy and smart when traveling
  • The difference between a travel agent and a travel advisor
  • Top 5 reasons to use a travel advisor
  • Why it is important to build a relationship with a travel advisor you can trust
  • How to use travel to grow your business
  • How incentive travel programs work
  • Key benefits of using a travel advisor
  • How to use incentive travel to motivate your workforce and increase customer satisfaction and brand loyalty

 

Tour Plan International Website



Feb 6, 2019

As a small business owner chances are you have a website, are doing some social media, and maybe even consistently post a blog or videos. But, is that enough? What else should you be doing? What are the digital marketing trends you need to know? How can you figure out if any digital marketing really works for your business?

 

In this episode, host Mary Foley talks with two women who are a powerhouse of ideas and expertise on digital marketing. Michelle Simon is the Chief Marketing Officer of Sonabank in Virginia and Maryland and co-founder of the original P.O.W.E.R. Program. Tammy O’Shea the Chief Marketing Officer of Fidelity Bank who brought the P.O.W.E.R. Program to New Orleans.

 

Both are successful bank marketers. Both are on the American Bankers Association Marketing Advisory Board. Both are letting us tap into their big brains and even bigger hearts to learn how you can get smarter about your own digital marketing efforts!

 

Listen and learn:

 

  • Between website marketing, SEO, email marketing, social media marketing, blogs, videos, apps, and more (phew!), exactly what is digital marketing

 

  • The most important digital marketing trends you need to know

 

  • How organic reach is dying and why Facebook isn’t “Freebook”

 

  • How much you should spend on digital marketing

 

  • When videos for your business should be professionally produced or created on the fly

 

  • Why being real and authentic is more important than perfect messaging

 

  • How to inspire others to freely and enthusiastically get involved in your digital marketing efforts
Jan 2, 2019

Do you want to scale your business for bigger revenue and growth? How do you know if you are truly ready? Even more, how do you truly scale not just any business but YOUR business? How will you figure that out?

 

In this episode, host Mary Foley talks with Tracey Wiley and Rita Ricks. Tracey is the Executive Director of the Small Business Supplier Diversity agency (SBSD) for the State of Virginia, which has a whole bunch of resources to grow your business, including their signature program called Scaling4Growth. Rita Ricks is a seasoned spiritual business coach who has contracted with the SBSD to lead this powerful, six-month program.

 

Listen and learn:

 

  • What Virginia’s Small Business Supplier Diversity agency (SBSD) provides that’s so much more than certifications

 

  • Who the Scaling4Growth program is designed for and why it’s totally free (surprise!) for Virginia small business owners

 

  • Knowing when it’s time to scale your business and what it truly takes to make it happen

 

  • The four essential topics that make up Scaling4Growth and the intense process business owners take to apply them

 

  • The big tangible take-away every small business owner gains by participating in the Scaling4Growth program

 

  • The difference Scaling4Growth has made in real revenue and new jobs for real Virginia small business owners

 

  • How to apply to be part of the next Scaling4Growth program
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