Meet the Ernst & Young Entrepreneurial Winning Women™ Classes of 2008–2011 In collaboration with:
Introducing the
Ernst & Young Entrepreneurial To help accelerate the growth of women-owned businesses, Ernst & Young Entrepreneurial Winning Women is a national competition and leadership program that connects a select group of highpotential women entrepreneurs with the advisors, resources and insights they need to scale their businesses. Launched in 2008, the program merges Ernst & Young’s long-standing support of entrepreneurs worldwide with our award-winning commitment to inclusiveness and the advancement of women. Beginning with the annual Ernst & Young Strategic Growth Forum®, we provide immediate opportunities for these entrepreneurs to expand their professional relationships and accelerate the growth of their promising enterprises. The Forum presents a one-of-a-kind platform for Entrepreneurial Winning Women to introduce their corporate and personal brands and position their companies with established entrepreneurs, top executives, business advisors and prospective investors who can guide their decision-making and contribute to their success. Entrepreneurial Winning Women join an elite network of the country’s best high-growth companies and participate in a customized program designed to: • Build and foster their relationships with potential strategic advisors, partners, customers and suppliers • Identify prospective sources of private capital • Provide access to informal, one-on-one guidance and support • Strengthen their executive leadership skills and knowledge of leading business strategies • Increase national and regional visibility for themselves and their companies
“Through the Entrepreneurial Winning Women Program, we seek to increase the number of market-leading companies run by women. We utilize Ernst & Young’s vast network and depth of resources as the leading advisor to entrepreneurs and high-growth companies to accelerate the growth and success of these women-founded companies.” Herb Engert, Ernst & Young, Americas Strategic Growth Markets Leader
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Winning Women
™
“Entrepreneurial Winning Women and the Strategic Growth Forum have allowed me to take a step back, focus on my business and think bigger and differently than before. The relationships I’ve built will be helpful in the future as I continue to grow my business.” Dawn Halfaker, Halfaker and Associates
Class of 2008–2011 / page 3
Thinking big: Ernst & Young’s long experience advising high-growth companies has taught us that the most successful entrepreneurs do five key things to scale small companies into large ones.
5 key things 1. Think big and be bold 2. Build a public profile
3. Work on the business, rather than in it 4. Establish key advisory networks 5. Evaluate financing for expansion
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keys to scaling Benefiting from essential information, guidance and connections in these five areas, our Entrepreneurial Winning Women show dramatic growth across the first three years of the program. According to a recent independent impact assessment directed by the Babson College Center for Women’s Leadership, revenues of program participants’ companies have grown almost 50% each year on average, with a corresponding average annual job growth rate of more than 25%.
Coming soon: More about these results and what all women entrepreneurs should know to scale their businesses in our new case study, Thinking big: how to accelerate the growth of women-owned companies.
Class of 2008–2011 / page 5
Meet our
“Some women might not be thinking big enough, but part of it is realizing they can grow just as quickly as other entrepreneurs have. It’s part confidence, part awareness. Ernst & Young is uniquely positioned to help them make that connection.” Howard Brodsky, CCA Global Partners
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“The Entrepreneurial Winning Women program is a rare opportunity to find the resources and support — mentorship, networks, education, access to capital — to take their companies to the next level.” Jeri Harman, Avante Mezzanine Partners
2011 judges Lisa Bair Hobart Group Holdings | Chief Executive Officer
Howard Brodsky CCA Global Partners | Co-founder, Chairman, and Chief Executive Officer
Jeri Harman Avante Mezzanine Partners | Founder and Partner
Rob Scott Hewlett-Packard | VP & Worldwide General Manager
Mary Ellen Sheets TWO MEN AND A TRUCK® | Founder
Class of 2008–2011 / page 7
If women entrepreneurs in the US started with the same capital as men entrepreneurs, they would add a whopping 6 million jobs to the economy within 5 years — 2 million of those in the first year alone, according to Babson College research.
Meet the
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Ernst & Young Entrepreneurial Winning Women
2011
Dr. Patricia Adams Zeitgeist Expressions, Inc.
Amy Buckner Chowdhry AnswerLab
Dr. Mary Jo Gorman Advanced ICU Care®
Lani Hay
Lanmark Technology Inc.
Patty Klein
A-Plus Meetings & Incentives
Stephanie Point
Point 2 Point Global Security, Inc.
Lisa Stone BlogHer
Dr. Rebecca Thomley Orion Associates
Alexa von Tobel LearnVest
Laura Zander
Jimmy Beans Wool
Class of 2008–2011 / page 9
2011 Dr. Patricia Adams Zeitgeist Expressions, Inc. San Antonio, Texas
2011
Zeitgeist Expressions, Inc. is an innovative one-stop network for individual, family, corporate and military clients seeking overall health and wellness services. Zeitgeist provides counseling, coaching, fitness, massage, acupuncture, crisis intervention and nutritional guidance to its clients through specialists in all 50 states and US territories.
Amy Buckner Chowdhry AnswerLab San Francisco, Calif.
2011
AnswerLab delivers trusted insights that help the world’s leading brands build outstanding and engaging digital products that drive results. Leading global companies, including Facebook, Amazon.com, Walmart, Honda, ESPN and Genentech, select AnswerLab as their user experience research partner to learn what people see, do, think and feel when using their websites, mobile applications and other digital products.
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Women own 8 million businesses in the US with an annual economic impact of nearly $3 trillion, producing 23 million jobs, or 16% of the total workforce.* The time to invest in the growth and success of women-owned businesses is now. When they win, we all win. * Source: The Center for Women’s Business Research, 2009
Dr. Mary Jo Gorman Advanced ICU Care® St. Louis, Mo. Advanced ICU Care® provides innovative, high-quality, costeffective telemedicine services to hospital intensive care units (ICUs). Through Advanced ICU Care’s experienced teams and robust process improvement program, hospitals can meet the recommended around-the-clock standard of care for ICU patients, despite the serious shortage of professionals in the field.
2011 2011
Lani Hay Lanmark Technology Inc. Vienna, Va. Lanmark Technology Inc. provides cutting-edge, missionsupport technology and consulting solutions aligned with national security interests. Through a range of specialized services, including intelligence, asymmetric warfare, and cyber defense, Lanmark Technology develops, programs and delivers realistic and relevant technology-enabled training and tools to government and commercial clients worldwide.
2011 2011
Class of 2008–2011 / page 11
If US-based women-owned businesses were their own country, they would have the fifth largest GDP in the world, trailing closely behind Germany and ahead of countries such as France, the United Kingdom and Italy.
Patty Klein A-Plus Meetings & Incentives Coral Gables, Fla.
2011
A-Plus Meetings & Incentives provides value-added meeting planning and incentive travel services to Fortune 500 clients such as Staples, Ryder and DHL. Driven by its leadership team’s business and consulting experience, A-Plus delivers unique strategic agenda and content design, flawless personalized service and superior cost management to generate a high return on investment.
Stephanie Point Point 2 Point Global Security, Inc. Phoenix, Md.
2011
Point 2 Point Global Security, Inc. provides a wide array of specialized security services to Fortune 500 companies, private businesses and government agencies. Point 2 Point strategically protects people and assets, including executives and diplomats, through its expert military specialists, armed and unarmed guards and off-duty police nationwide. Point 2 Point is positioned for exponential revenue and job growth.
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Lisa Stone BlogHer Belmont, Calif. BlogHer is the leading media company created by, for and with women in social media. Reaching more than 27 million women monthly and working with brands such as PepsiCo, Procter & Gamble and HTC, BlogHer creates robust marketing and research opportunities to engage the female consumer and has been named one of Businessweek’s Most Promising American Start-Ups and one of AlwaysOn’s Global 250.
2011
Dr. Rebecca Thomley Orion Associates Golden Valley, Minn. Orion Associates offers a full range of management infrastructure services to social service agencies in a growing number of states. Its innovative practices include providing financial services to elderly and disabled individuals receiving public assistance, enabling them to stay in their own homes, self-administer their funds and make informed choices about their care.
2011
Class of 2008–2011 / page 13
Alexa von Tobel LearnVest New York, N.Y.
2011
LearnVest is the leading personal finance and lifestyle website for women, providing trusted content, tools and support to help members tackle their finances at each stage of life. LearnVest tools include financial Bootcamp Programs, the My Money Center and the Advice Center. LearnVest has raised $25 million in funding to date.
Laura Zander Jimmy Beans Wool Reno, Nev.
2011
Jimmy Beans Wool is a market leader in the multibillion-dollar needle arts industry, selling yarn, fabric and knitting and crochet products. With its innovative and unequaled approach to marketing, Jimmy Beans Wool has been named the Official Yarn Supplier to the US Snowboard Team and created the Stitch Red campaign against heart disease in women.
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Meet the Ernst & Young Entrepreneurial Winning Women 2010 Lisa Bair
Hobart Group Holdings
Ali Brown
Ali International LLC
Amy Gonzales and Kelly Caldwell AK Environmental
CPT (Retired) Dawn Halfaker
Halfaker and Associates, LLC
Lili Hall
KNOCK inc.
Jessica Herrin Stella & Dot
Barbara Levine
Exam Coordinators Network
Elisabete Miranda Translation Plus
Darlene Panzitta DSP Clinical Research
Susan P. Rice
2009 Karen Barbour
The Barbour Group LLC
Carole Borden CB Transportation
Michelle Tunno Buelow Bella Tunno
Sherry Stewart Deutschmann LetterLogic
2008 Alison Barnard in-jean-ius
Jill Cartwright Go GaGa
Janet Chien Dyad Systems
Linda Smith
CERES Technology Advisors
Talia Mashiach Eved Services
Kathleen Utecht
Core Innovation Capital
Vicki Raport
Quantum Retail Technology
(Formerly of Cahootie by Green Rock Entertainment)
Shabnam Rezaei Big Bad Boo
Jennifer L. Scully Clinical Resources LLC
Susan Wilson
The Judgment Group
Cavanagh Services Group, Inc.
Class of 2008–2011 / page 15
2010 Lisa Bair Hobart Group Holdings Gladstone, N.J.
2010 2011
Hobart Group Holdings develops communication strategies and creative campaigns for pharmaceutical and biotech clients to ensure consumers have affordable access to branded medications. In response to the Healthcare Reform Act, Hobart Group Holdings also works with companies such as Pfizer, GSK and Eli Lilly to define managed care organization partnership strategies aligning to legislative mandates.
Ali Brown Ali International LLC Los Angeles, Calif.
2010 2011
Ali International LLC is an Inc. 500 company that provides advice, resources and coaching to more than 50,000 women entrepreneurs around the world through programs, events, publications and the AliBrown.com website. Ali is one of 2010’s Enterprising Women of the Year and was featured on Forbes.com as the #1 woman entrepreneur to follow on Twitter.
“Thanks to the Entrepreneurial Winning Women Program, I am now 100% focused on a three- to five-year vision that includes building out our expertise, the possible acquisition of complementary companies and investment capital to allow us to scale.” Lisa Bair, Hobart Group Holdings
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2010 Amy Gonzales AK Environmental began as an environmental services company, but thanks to Fortune 500 energy clients and a talented staff, it now provides a full range of project management services from initiation of project development to postconstruction monitoring. AK is one of Inc. magazine’s 500 Fastest Growing Private Companies.
AK Environmental West Trenton, N.J.
Kelly Caldwell AK Environmental Holly Springs, N.C.
2011 2010
CPT (Retired) Dawn Halfaker Halfaker and Associates, LLC Washington, DC Halfaker and Associates, LLC provides security consulting services and solutions to business and government organizations to ensure that their people are safe, their assets are protected and their businesses can continue to operate in the event of a disaster. Major clients include the Department of Defense, Department of Homeland Security and Fortune 500 companies.
2010 2011
Class of 2008–2011 / page 17
Lili Hall KNOCK inc. Minneapolis, Minn.
2010 2011
KNOCK inc. is an independent branding, advertising and design agency that partners with Fortune 500 leaders and entrepreneurs in retail and consumer packaged goods. Specializing in creating impactful brand stories and retail experiences, KNOCK is recognized for driving sales and customer loyalty. KNOCK intends to continue its impressive growth by expanding its forwardthinking marketing expertise globally.
Jessica Herrin Stella & Dot Burlingame, Calif.
2010 2011
Stella & Dot is redefining the traditional home-based business platform for our times. Stella & Dot offers its boutique-style jewelry and accessories exclusively through its social selling channel, a network of more than 11,000 independent stylists who sell Stella & Dot products online and through in-home trunk shows.
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Barbara Levine Exam Coordinators Network Boca Raton, Fla. Exam Coordinators Network provides independent medical evaluations to assist employers and insurers in verifying the legitimacy of medical claims, aiming to reduce substantially these claims’ human and financial costs. ECN’s clients include major insurance carriers and several Fortune 500 and 100 companies.
2010 2011
Elisabete Miranda Translation Plus Hackensack, N.J. Translation Plus provides specialized translation and interpretation services for complex subjects and diverse cultures, helping the United Nations, the federal government and numerous Fortune 500 companies effectively reach their global and US ethnic audiences. Translation Plus was recognized as a 2010 Top 500 US Diversity Business by DiversityBusiness.com.
2011 2010
“Incredible CEOs, advisors and investors have approached me because they are interested in what we’re doing. The amount of exposure and recognition that we received, especially at the Strategic Growth Forum, was a totally different and amazing experience.” Elisabete Miranda, Translation Plus
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Darlene Panzitta DSP Clinical Research Parsippany, N.J.
2010 2011
DSP Clinical Research is a contract research organization that manages late-stage drug testing for small to mid-size pharmaceutical companies. DSP helps clients get drugs to market faster than their competition with its aggressive approach and use of a fixed-cost billing model. DSP plans to expand its services locally and internationally.
Susan P. Rice Cavanagh Services Group, Inc. Salt Lake City, Utah
2010 2011
Cavanagh Services Group, Inc. specializes in cleaning up the environment by managing the logistical challenges of transporting nuclear waste to safe locations throughout the US. Serving billion-dollar companies and government clients, Cavanagh intends to continue its triple-digit revenue growth by introducing additional services and products to both the environmental and cleantech industries.
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2009 Karen Barbour The Barbour Group LLC Westminster, Md.
2009
The Barbour Group is a commercial insurance and bonding agency specializing in construction bonds. As the first womanfounded surety agent in Maryland, The Barbour Group provides bonding and insurance to contractors for projects located throughout the US and internationally. The Barbour Group has been named among the Top 100 Minority Business Enterprises.
Carole Borden CB Transportation Chester Springs, Pa.
2009
CB Transportation, Inc. provides multiple logistics services to Fortune 500 companies, growing manufacturers and retailers throughout North America. Offering stabilized pricing and flexible equipment capacity, CB Transportation blends industry experience with virtual technology. The company’s fast growth was recognized in 2010 and 2011 by Women Presidents’ Organization/American Express Open and the Inc. 500/5000.
“The Strategic Growth Forum connected me with the most successful and influential entrepreneurs in the US and helped me understand how to think bigger and increase my business by millions of dollars annually.” Carole Borden, CB Transportation
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Michelle Tunno Buelow Bella Tunno Charlotte, N.C. Bella Tunno is a baby and children’s NECCESSORIES company that creates fashionably functional and philanthropic products for stylish parents and trendy tots. Sold in more than 4,000 stores, Bella Tunno donates a portion of all proceeds to the Matt Tunno Make a Difference Fund. Little NECCESSORIES … BIG Dreams.
2009
Sherry Stewart Deutschmann LetterLogic Nashville, Tenn. LetterLogic renders statements and letters for businesses nationwide, both electronically and in traditional print-mail format. Extraordinary growth since LetterLogic’s 2002 start has led to national recognition, including LetterLogic being named a Top 50 Fastest-Growing Female-Led Business, and an Inc. 5000 company in 2008, 2009 and 2010.
2009
“My selection as one of the Entrepreneurial Winning Women really boosted our credibility and visibility. More importantly, we attribute a portion of new sales as being largely the result of relationships and opportunities that Ernst & Young has gone above and beyond to facilitate.” Sherry Stewart Deutschmann, LetterLogic
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“Because of the introductions I received through Ernst & Young, it was easier for me to start building relationships with investors. When we were ready, we were able to get the meetings we wanted.” Talia Mashiach, Eved Services
Talia Mashiach Eved Services Skokie, Ill.
2009
Eved Services was the first company to create a global online event marketplace that allows buyers and sellers to connect and transact. Evedonline.com’s revolutionary technology platform helps companies consolidate their spend for destination-specific event services, including restaurant reservations, ground transportation and special event needs. The company expects to grow significantly over the next five years.
Vicki Raport Quantum Retail Technology Minneapolis, Minn.
2009
Quantum Retail Technology creates and delivers revolutionary merchandising optimization software that is transforming the way leading retailers buy, position, move and sell merchandise. Quantum’s optimization platform and solutions drive the critical retail processes of forecasting, order planning, allocation, replenishment and assortment planning to align demand creation and inventory execution across the retail value chain.
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Shabnam Rezaei Big Bad Boo New York, N.Y. Big Bad Boo produces cartoons to teach kids about different cultures. The company’s first television series, Mixed Nutz, is currently being broadcast on PBS and many other US stations. It’s new property, 1001 Nights, features a TV series, comic books and multimedia products that will launch on Disney, Al Jazeera Children’s and other channels. Multicultural content is distributed via the company’s own online platform, oznoz.com.
2009
Jennifer L. Scully Clinical Resources LLC Atlanta, Ga. Clinical Resources LLC, a health care staffing and executive search firm, specializes in the growing senior care market. Based in Atlanta and operating nationwide, the company has diversified by providing Occupational Health Nurses to corporations and through government contracts. Clinical Resources was named an Inc. 500 Fastest-Growing Private company in 2010 and 2011.
2009
“I had been told my growth plan was extremely aggressive, but with Entrepreneurial Winning Women, Strategic Growth Forum and the resources Ernst & Young has provided, I know I will make it.” Jennifer Scully, Clinical Resources LLC
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Susan Wilson The Judgment Group Stevensville, Md.
2009
Eighty percent of court-ordered money judgments go unpaid, totaling more than $1 trillion nationwide. The Judgment Group’s proprietary solution leverages advances in personal information and technology to get judgments paid. A Fortune Top 10 Female Entrepreneur, Susan also runs FundHer.org to help women entrepreneurs secure funding for their companies.
“Our research and experience show us that women need a rich network of advisors and seasoned role models to help break through the barriers to rapid growth and entrepreneurial success. They need access to mentors who can challenge and encourage them to think bigger. We are raising the bar and changing the game for women entrepreneurs.” Beth Brooke, Ernst & Young, Global Vice Chair, Public Policy
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2008 Alison Barnard in-jean-ius Boston, Mass. in-jean-ius is an innovative women’s retailer focused on helping women find the perfect jeans to fit their bodies and styles. Superior customer service, an exhaustive jean selection and unmatched expertise distinguish the brand. Alison Barnard is a featured expert for People magazine and was named one of Inc. magazine’s Top 30 Under 30.
2008
Jill Cartwright Go GaGa Jamaica Plain, Mass. Go GaGa creates ergonomically safe and stylish products, including diaper bags and accessories, for parents on the go. Company revenues tripled in 2008 and 2009 despite a down economy. Go GaGa intends to continue this dramatic growth through the addition of new product categories and expansion into foreign markets.
2008
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Janet Chien Dyad Systems Cambridge, Mass.
2008
Dyad Systems executes clinical trials, reducing the time to market for biomedical companies conducting clinical research. Dyad’s expertise enables companies to achieve aggressive timelines for meeting FDA requirements by streamlining trials and providing customers with the insights to mobilize resources more effectively. Dyad is growing its network of therapeutic and clinical professionals.
Linda Smith CERES Technology Advisors Needham, Mass.
2008
CERES Technology Advisors is a transaction advisory firm focused on developing profitable relationships between buyers, sellers and investors. The company’s unique value is the breadth and depth of its network and knowledge of markets served by photonics technology — biomedical optics, nanophotonics, energy, imaging, display, and semiconductors. Services include M&A advisory and business and intellectual property valuation.
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Kathleen Utecht Core Innovation Capital
(Formerly of Cahootie by Green Rock Entertainment)
New York, N.Y. Cahootie is the modern twist on the classic paper-folding fortune game. Having invested and launched the company in 2007 to manufacture and distribute this award-winning toy, Kathleen sold it in May 2009 to an investor introduced to her through the Winning Women program. Currently, Kathleen is evaluating investments and working with entrepreneurs through Core Innovation Capital, and she is also mentoring women philanthropists to become angel investors through the Pipeline Fellowship Fund.
The Entrepreneurial Winning Women Program has now launched in Indonesia and Australia, with additional programs planned in Brazil, South Africa, the Middle East and North Africa, Ukraine and Hungary.
2008
“Women entrepreneurs are critical to the global economy. By launching Entrepreneurial Winning Women worldwide, Ernst & Young intends to do all it can to help women entrepreneurs around the globe become an unstoppable force for positive economic transformation and revitalization.” Maria Pinelli, Ernst & Young Global Vice Chair, Strategic Growth Markets
Class of 2008–2011 / page 29
James Turley, Ernst & Young Chairman and CEO, welcomes the Entrepreneurial Winning Women
Collaborating Women Presidents’ Organization (WPO) is the premier membership organization for women presidents and CEOs of privately held, multimillion-dollar companies who aim to increase their business and personal success. Through global, confidential and collaborative peer-learning groups, the WPO accelerates business growth, enhances competitiveness and promotes economic security.
Women’s Business Enterprise National Council (WBENC) is the nation’s leading advocate of women-owned businesses as suppliers to America’s corporations. As the largest third-party certifier of businesses owned and operated by women in the US, WBENC works to foster diversity in the world of commerce with programs and policies designed to expand opportunities and eliminate barriers in the marketplace for women business owners.
National Association of Women Business Owners (NAWBO) is the only dues-based organization representing the interests of all women entrepreneurs across all industries. With far-reaching clout and impact, NAWBO is a one-stop resource to propelling women business owners into greater economic, social and political spheres of power worldwide.
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organizations The Committee of 200 (C200) is an invitation-only membership organization of the world’s most successful women entrepreneurs and corporate leaders in successful private and public companies. The primary mission of C200 is to foster, celebrate and advance women’s leadership in business. The Ewing Marion Kauffman Foundation is a private, nonpartisan foundation that works to harness the power of entrepreneurship and innovation to grow economies and improve human welfare. The Kauffman Foundation aims to open young people’s eyes to the possibility of entrepreneurship, promote entrepreneurship education, raise awareness of entrepreneurship-friendly policies and find alternative pathways for the commercialization of new knowledge and technologies.
Ernst & Young extends a special thanks to Babson College’s Center for Women’s Leadership for its critical role in codeveloping and administering the Entrepreneurial Winning Women impact assessment that serves as the foundation for our upcoming Thinking big: how to accelerate the growth of women-owned companies case study. We are grateful to Babson for contributing its valuable resources in support of this study and the Entrepreneurial Winning Women Program since its inception.
Class of 2008–2011 / page 31
Ernst & Young Assurance | Tax | Transactions | Advisory About Ernst & Young Ernst & Young is a global leader in assurance, tax, transaction and advisory services. Worldwide, our 152,000 people are united by our shared values and an unwavering commitment to quality. We make a difference by helping our people, our clients and our wider communities achieve their potential. Ernst & Young refers to the global organization of member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about our organization, please visit www.ey.com. Ernst & Young LLP is a client-serving member firm of Ernst & Young Global Limited operating in the US. About Americas Strategic Growth Markets Ernst & Young guides the best high-growth companies to market leadership worldwide. Our multidisciplinary teams of dedicated professionals provide perspective, advice and insight to help our clients accelerate their growth. We are the undisputed leader in guiding ® Russell 2000 companies, IPO-bound companies and Forbes’ largest private enterprises. © 2011 Ernst & Young LLP. All Rights Reserved. SCORE No. BE0145/CSG no. 1109-1290247 Ernst & Young is committed to minimizing its impact on the environment. This document was printed using recycled paper and vegetable-based ink.
Contacts: Herb Engert
Ernst & Young | Americas Strategic Growth Markets Leader
[email protected]
Lisa Schiffman
Ernst & Young | Americas Director, Marketing and Communications, Strategic Growth Markets
[email protected]
Melissa Taylor
Ernst & Young | Entrepreneurial Winning Women Program Manager
[email protected]