Forbes, "Why Single Women Entrepreneurs Can (And Must) Put Work First"
Forbes, "Three Conversations Professional Women Should Have With Their Partner"
You can’t have it all. Not at the same time, anyway.
I hate to be the bearer of bad news, but it’s true. The work involved in getting ahead, especially for people starting their own businesses, is so immense and so consuming that all other concerns tend to fall by the wayside. Add to that the sad reality that mothers are much less likely to be hired or promoted, and you’re stuck with a simple truth: if you want to get ahead, work just has to come first. Certainly in the early years, at least until you get to a certain level. Like legendary golfer Gary Player once said, the harder you work, the luckier you get.
That doesn’t mean there’s one way to do it, or a single path to success, or even to say that you have to focus on your career if you’d rather do something else; but getting ahead in your professional life, as a woman, means recognizing some hard realities about what that means, why things are the way they are, and how you can navigate this often hostile world.
Forbes, "Getting Around the Venture Capital Gender Gap"
#MeToo feels more like a revelation than a revolution. For all the progress this national conversation has made, its effects are still relatively detached from most women’s experiences. In fact, according to a recent study conducted jointly by Fairy Godboss, The Female Quotient, and Progyny, a full three-quarters of women surveyed report that #MeToo hasn’t meaningfully impacted their workplaces; women are still facing a long uphill battle toward equality at work.
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At present, it’s clear that company policies and how they’re enforced have a long way to go; real change from the top is going to be slow moving. The truth is that change happens on the ground via real-life conversations and encounters. One way we as women can start making our professional lives at least a little bit better is to start having difficult conversations with our partners (especially if that partner is a man) to create the foundations of professional success.
American Heart Association and Elizabeth Elting Foundation Partner to Empower Young Women and Girls with STEM Goes Red Event
The biggest obstacle to starting your own business is money. You need it. You probably don’t have it. And it’s a challenge at every level, whether you’re a mom-and-pop dog biscuit bakery or a high-concept tech startup that’s going to change the way we think about inflating our tires. Investment capital is absolutely essential; it pays for your facilities, your employees’ paychecks, your supplies, your shipping costs – but for entrepreneurs who happen to be women, it’s harder to get. Vastly harder; from 2011 to 2013, female CEOs got only 3% of venture capital funding. That’s $1.5 billion out of $50.8 billion. In 2017? It was 2%. In other words, women are being systematically shut out of entrepreneurism, with the capital needed to create fast-growth startups being withheld at every level.
Forbes, "4 Books Every Woman Should Read Before Starting A Business"
Liz Elting, Founder and CEO of the Elizabeth Elting Foundation and advocate for women's equality, will be joining forces with the American Heart Association to encourage and empower young women and girls interested in careers in science and technology with STEM Goes Red. The day-long event, to be held at the New York Academy of Sciences on April 20, will include an exciting panel discussion, hands-on speed mentoring, and a full-day of interactive activities allowing high school girls to explore STEM outside of the classroom.
Forbes, "4 Books Every Woman Entrepreneur Needs To Read"
You may recall my last post, 4 Books Every Woman Entrepreneur Needs to Read. But the more I thought about it, the more I wanted to cover some more territory; How do you navigate a competitive work environment? How do you get your team on board with your vision? How do you even find your vision? So, with that in mind, I decided to put together one more list to help women like you get on your way – and get ahead.
Forbes, "Five Traits Every Woman Leader Needs To Embrace"
Striking out and starting your own business is scary, and all too often women who are considering it get caught up in fear; “it’s too risky, and I don’t want to prove naysayers right by failing.” We have, as a society, done our best to suck all the gumption and drive out of far too many women, assuming we’d relegate ourselves to the domestic sphere instead of putting out boldly into the world.
It is a problem created by longstanding and deeply entrenched biases against ambitious women, but that doesn’t mean it’s an intractable one; we can, and must, seek out inspiration, or even inspire ourselves to push through, challenge ourselves, and chase after what we want. That’s why I’m going to share with you some of the books that inspire me as a businesswoman to keep fighting, keep striving, and keep pushing forward. These are leaders – men and women alike – whose insight, work ethic, and vision never fail to call me to be a better leader, a better thinker, and a better doer. I hope they’ll inspire you, too.
Forbes, "3 Remote Business Ideas For Women In The Digital Economy"
It’s no secret that women get penalized for the kinds of behaviors that earn men respect. This phenomenon has many knock-on effects, making it harder for women to advance in corporate or other organizational settings, normalizing bad behavior because it’s coded as masculine (and thus powerful), and perpetuating the idea that women are best suited for specific service roles. But perhaps the most frustrating is the way it makes women disregard their leadership potential.
There’s a reason for that; the very behaviors and traits – ambition, assertiveness, an uncompromising vision – that women get picked apart over are the very behaviors we look for in our leaders. But there’s good news; you don’t have to give into that. And the best way to break through your own glass ceiling is to take possession of your bossy, ambitious, wonderful self.
Forbes, "Four Ways Women Can Overcome Imposter Syndrome"
I am a strong believer in entrepreneurship, and I’ve made it one of my life’s core missions to encourage women to go into business for themselves. Entrepreneurship offers women access to a unique kind of social and economic power as well as a potent kind of self-sustaining financial independence.
While I've always been and still am an advocate for women getting into entrepreneurship and making their ideas work for them, I also realize that not everyone is ready or interested in building a business full-time; the truth is, it requires extremely long hours, hard work for many years, and complete dedication. But that doesn't mean you can't start learning the ropes, building your skills, and creating real financial independence for yourself (and who knows, maybe you'll love it so much, you’ll want to make entrepreneurship your full-time gig).
Forbes, "Four Things Women Entrepreneurs Must Have Before Starting A Business"
One of the most interesting aspects of the ongoing discussion about the obstacles women face in professional life has been the rise, over the last decade, of the discourse surrounding imposter syndrome.
The concept, in the unlikely event you’re unfamiliar with it, is the pervasive belief held by successful people, very often and perhaps usually women, that they are in fact frauds who have managed to dupe their way to the top. And we often internalize messages that we aren’t good enough, and a sense of our failings can undercut our ability to accept our own achievements and successes.
TransPerfect Co-Founder and Co-CEO Liz Elting to Sponsor and Co-Chair Benefit for American Heart Association
I’m a big believer in entrepreneurship. It’s an abiding passion of mine to encourage other women to take the plunge and start their own businesses; the benefits are myriad, giving you more control over your financial future and more social capital than almost anything else in modern America. Empowering women is my number-one mission, and women’s entrepreneurship is the best route to self-empowerment and social change that I know of, giving women the ability to excel on their own terms instead of being trapped in the limbo of a toxic and prohibitive work environment.
Forbes, "How Women Entrepreneurs Can Make a Better 2018"
NEW YORK, Feb. 26, 2018 /PRNewswire/ -- Liz Elting, Co-Founder and Co-CEO of TransPerfect and advocate for women's equality and health, is serving as New York City Goes Red Sponsor and Campaign Co-Chair at the 2018 New York City Go Red For Women® Luncheon on Friday, March 2. This annual event benefits the American Heart Association's efforts to increase awareness of the deadly risks to women's cardiac health and how it can be improved, leading to a longer, healthier, happier life.
Forbes, "How to Resist the Backlash Against #MeToo"
2017 is drawing to a close; it’s been a tough year, but it has also been one of a great deal of progress. Capped by the ongoing reckoning of sexual predation and assault, this year has been the starkest reminder that progress for women tends to be conditional: we get welcomed into the workforce at the price of sexual exploitation, and when that exploitation is challenged, our right to be angry is called into question. It always seems as if it’s one step forward, two steps back. And that may be the case for some time, so long as we let other people set the boundaries of the playing field and write the rules of the game. But this isn’t just the resurfacing of trauma; it’s a truly massive opportunity to level the playing field in some very interesting ways. Because it isn’t really about rights, or laws, or fair treatment; it’s about power.
FORBES, "WHY LEADERS MUST USE SOCIAL MEDIA RESPONSIBLY"
This is for my fellow CEOs, managers, supervisors and everyone else out there with hiring and firing power at companies large and small. I didn’t think it was possible for any single story to prove powerful and enduring enough to distract from the mess in Washington, but the harassment and predation reckoning unfolding throughout politics and media has done exactly that. It’s been so dominant a narrative since the Weinstein story went from being an open secret to a full-blown movement that TIME Magazine named “The Silence Breakers” as its 2017 Person of the Year. While it’s certainly been painful for victims of abuse to endure the constant airing of so much trauma, there’s another dimension to this that hasn’t faced nearly enough scrutiny.
FORBES, "HOW BOARDS CAN CHALLENGE PREDATORS IN THE OFFICE
We live in a social world. Think about it; the president’s tweets are required reading that shape both domestic policy and international relations and almost never fail to shock. From openly mocking the leader of North Korea to passive-aggressive snipes at basketball players to threatening freedom of the press, the president is not and has never been shy when it comes to Twitter – to an almost alarming degree. Social media is a hitherto-unknown new channel by which leaders can communicate and engage with the people they serve, and the question we’re now faced with is what exactly constitutes its responsible usage?
Forbes, "A CEO and Self-Made Woman's Guide to Being the Boss"
The last few weeks have been fraught with the continued (and often long overdue) exposure of serial predators across nearly every industry. What started with Harvey Weinstein has expanded into an entire movement to (rightfully) name, shame and exile people who use their positions of power to sexually exploit and abuse people. Again and again, it is private companies that have to make determinations about what, if any, form of action they wish to take. In this climate, there’s a conversation that needs to be had: what is the function of a company’s board of directors in regard to acting on allegations and ensuring a safe environment for all employees – and where do women fit into the equation?
Forbes, "Us Too: How Companies Must Deal with Serial Predators"
I’ve been running a company for a long time; we started TransPerfect out of a dorm room when I was still in my twenties, and that was half my life ago. I didn’t have years of slow promotions behind me where I could learn the ropes or career mentors to shepherd me along. No, like so many entrepreneurs, I dove brazenly into deep waters and forced myself to swim. hat sort of courage is exactly what drives people to go into business for themselves: the willingness to risk everything for the chance to forge their own destinies. So for every entrepreneur, for every mid-level manager with dreams of advancement, and for every up-and-coming startup founder, I want to offer some kind words of advice: the five best things I ever learned about how to lead effectively.
Women in the World: SheSuite in Discussion with Liz Elting
It was Hollywood’s worst-kept secret: Harvey Weinstein was a serial sexual predator. He spent decades using his power to abuse women, confident that his position in the industry would insulate him from consequences; why would they speak out, when doing so could mean throwing their careers away? And over the last week and a half, we’ve heard countless stories from countless women – and men! – about the very same thing happening to them, in Hollywood and beyond. And it has prompted a very frank appraisal, not only of harassment and abuse within the entertainment business, but within our society at large. The #MeToo hashtag made clear just how widespread the problem is.
TransPerfect CEO and NYU Stern Alumna Liz Elting to Speak at "Women on Boards" Panel at NYU's 2017 Alumni Weekend
Meet Liz Elting, the co-CEO of TransPerfect. She’s ranks at No. 39 on the Forbes list of America’s wealthiest self-made women, and has a higher net worth than titans of the music industry like Beyoncé and Taylor Swift. She’s also a mother of two. In the latest episode of She-Suite, Women in the World founder and CEO Tina Brown interviews Elting about what exactly TransPerfect does and how it’s allowed her to amass such remarkable wealth. Elting also discusses the top skills that have allowed her to flourish and become the success that she is. And she says it’s good for women to be bossy at work “because that’s how you get to the be the boss.” She adds, “A leader needs to take charge and be the boss.”
B2B NXT, "Anticipating Innovation"
Liz Elting, Co-Founder and CEO of TransPerfect as well as a tireless advocate for women in corporate settings, will be participating in an informative panel of women business leaders, "Women on Boards," on Saturday, October 21 during the 2017 NYU Alumni Weekend. Hosted by the NYU Stern School of Business, "Women on Boards" will feature well-known Stern alumnae who are currently serving on both nonprofit and corporate boards of directors, helping to guide major organizations in often revolutionary new ways. Presented by the NYU Stern Women in Business Alumnae Committee, this imperative panel will feature an engaging discussion on the importance of women serving on boards and in primary leadership positions in organizations large and small, as well as the unique challenges women in these positions face.
Every entrepreneur dreams of the moment they’ll make it to the Inc5000, a signal of success and industry recognition. We’re interviewing B2B Inc5000 companies to crack the code of HOW to get on the list (and ideally stay on!). This series will hopefully become the playbook to your success too. Today, we’re interviewing Liz Elting, founder and CEO of TransPerfect.