On December 5 AWIB members and friends came out for a special girls’ night out to support a great cause while preparing for the holiday season. Our first trunk sale was a success as guests rushed to get the best deals on designer handbags, eye-catching jewelry and much more. AWIB members were highlighted throughout the evening including Tam Tran, founder of Lost Wax Studio, who offered jewelry demonstrations on how to make gemstone rings - just as she does during her biannual workshops at the Metropolitan Museum of Art.
Our popular “Starting Your Business 101” workshop series wrapped up on December 4 with a class on financing one’s business that covered the wide array of options available for funding a business, ranging from SBA-guaranteed loans to angel investing to crowdfunding.
To kick things off, Leon Terrano and Jeannie Clark from Flushing Bank unraveled the mystery behind obtaining bank loans as they told the audience what banks generally look for when screening loan applications from business owners.
Next, Cindy Chin, founder and CEO of CLC Advisors, LLC, discussed the hot topic of crowdfunding and also talked about other alternative financing options including angel investing, private equity, and venture capital. She revealed some helpful hints on how to pitch one’s business idea to investors, drawing from her years of experience as an advisor to various startups.
Last but certainly not least, Paul Yun, founder and CEO of Escargot NY, a New York-based smartphone accessories company, shared his personal success story of raising money through Kickstarter to launch his startup and gave the audience some useful advice for running a successful crowdfunding campaign. As usual, many of the workshop participants stayed afterward to chat one-on-one with the speakers to seek personal advice that addressed their particular situations.
Couldn’t make it to the workshops this time? No worries—you can catch our “Starting Your Business 101” workshop series next year as we feature another group of awesome speakers who will share tips to help you launch and grow a successful business. And we have many other workshops planned for 2014 which will help you grow your business.
AWIB’s “Marketing—On and Offline Strategies” workshop was well-received despite the inclement weather which threatened the NY metropolitan area. Small business owners and aspiring entrepreneurs gathered at Microsoft on November 26 to hear three marketing experts speak about effective and practical ways to promote one’s business on a limited budget.
Sandy Hussain, founder and CEO of fashion startup LUXLY, kicked off the workshop with her presentation on traditional marketing strategies for startups and small businesses.
Then Kunwei Lin, a digital marketing specialist who has worked at award-winning ad agencies, gave the audience a wealth of information on SEM/SEO, social media, and video marketing.
Neerja Patel, founder of Neerja PR, rounded out the workshop by explaining some public relations tools that can be used to engage with customers.
As usual, the workshop ended with a networking session, during which participants had the opportunity to share information with one another and to ask the speakers additional questions.
Many of the attendees commented on how useful they found the workshop to be and were pleased by the fact that all of the speakers were very willing to share helpful tips based on their own business experiences.
Once again, our “Starting Your Business 101” workshop series is proving to be extremely popular. Our November 19th workshop on “Legal Structures, Taxes and Record-keeping” had a sold-out crowd, as participants gathered at Microsoft to hear presentations by two speakers on some topics that are highly important (yet often hopelessly confusing) for small business owners and entrepreneurs: business laws, taxes, and accounting!
The speakers for the workshop were Samiya (Simi) Mir and Chunyee Miot, both of whom are current AWIB members. Samiya, a partner at Katona & Mir, a law firm specializing in employment and business law, kicked off the workshop by giving a very articulate presentation on the various legal issues that entrepreneurs must consider when setting up and running a business. Chunyee, a NYS-certified public accountant with over 10 years of experience, then delved into the nitty-gritty of tax laws and proper bookkeeping for the second half of the workshop.
Throughout both presentations, participants frequently asked thoughtful and pertinent questions, to which the speakers happily responded by giving detailed explanations and citing specific examples to illustrate their points. Both speakers were engaging and very knowledgeable, taking some dry and difficult topics and breaking them down clearly and concisely for the audience.
Like the first workshop on writing a business plan, this workshop also received unanimously positive reviews (and ran over by 30 minutes!). Most of the attendees seemed to show no signs of fatigue during the 3-hour-long workshop, as they diligently jotted down notes, asked questions during the presentations, and eagerly waited in line after the presentations to have more of their questions answered by the speakers.
Participants said that they found the workshop to be highly informative and useful, and many of them said they even received some helpful one-on-one advice from the speakers. Chunyee graciously stayed after the workshop to answer additional questions from the attendees, some of whom said they found her to be so nice and helpful that they wanted to hire her as their accountant.
Celebrate the end of the year with us at the annual AWIB Holiday Party! There’ll be a buffet dinner, where guests can treat themselves to tasty dishes and decadent desserts. Plus, we’ll have an open wine & beer bar, along with raffles and cool prizes! Reconnect with old friends and make new ones over great food in a warm and festive atmosphere!
12 West 18th Street, Apt 3E (between 5th and 6th Avenue), NYC
Thursday, December 12, 2013, from 6:00 PM - 9:00 PM
AWIB Member: $25
RSVP at awib.org/events by December 10, 2013.
Asian Women In Business is here to help you get ready for the holiday season with our Holiday Trunk Show! Find beautiful handbags, eye-catching jewelry, and accessories galore! This is a girls’ night out you won’t want to miss. Network in a fun-filled environment, share a toast with friends, and, best of all, get your holiday shopping done in one place!
The event is open to all shoppers. Tam Tran, AWIB member and founder of Lost Wax Studio, will offer jewelry-making demonstrations throughout the evening. She will demonstrate classic jewelry-making techniques using various metals and leather—just as she does during her biannual workshops at the Metropolitan Museum of Art.
All proceeds from the evening will benefit Asian Women In Business. There is no charge to attend, but RSVP is required.
12 West 18th Street, Apt 3E (between 5th and 6th Avenue), NYC
Thursday, December 5, 2013, from 5:00 PM - 9:00 PM
We’re also accepting donated items for the trunk show, so if you have any items you’d like to donate to us for the show, please contact us at (212) 868-1368 or email@example.com.
RSVP at awib.org/events (under “AWIB Holiday Trunk Show”)!
NBC News has compiled a list of organizations that are helping with relief efforts in the Philippines. Here’s how you can aid the survivors of Typhoon Haiyan: http://worldnews.nbcnews.com/_news/2013/11/11/21386694-how-to-help-organizations-offering-relief-to-typhoon-haiyan-survivors
AWIB and Lladró, which sells exquisite porcelain figurines hand-crafted in Spain, teamed up once again this year to celebrate Diwali, the “festival of lights.” Visitors walked through the doors of the Lladró boutique on Madison Avenue to find themselves transported to a seemingly enchanted world of beautiful porcelain figurines, which ranged from depictions of Hindu gods and goddesses, to ballroom dancers, and even Japanese Kokeshi dolls.
Guests strolled around the elegant white interior to view the porcelain pieces on display, often pausing to chat with other attendees while sipping a glass (or two, or three…) of champagne and snacking on delicious Indian food. Our guests commented on how inviting the store felt and thanked the Lladro staff for their wonderful hospitality.
It was a casual and fun-filled evening of networking that brought together dozens of people from all different ages, ethnicities, and professional backgrounds to share in celebrating the tradition of Diwali.
Many of the guests also opted to receive free henna tattoos from the incredibly talented henna tattoo artist Sana Amir Kadri, who drew beautiful and surprisingly intricate designs in a matter of seconds.
Our November 5th “Writing a Business Plan” workshop was a phenomenal success as speaker Alicia Yoon, co-founder of Peach and Lily (www.peachandlily.com), an e-commerce site that offers premium Asian beauty products, shared her insights and experiences with an attentive audience of about 40 people at Microsoft.
What initially began as a presentation quickly evolved into a lively and engaging conversation among Alicia and the workshop participants as they asked her intriguing and thoughtful questions about her views on starting a business and what to consider when crafting a business plan.
The workshop received very positive reviews from the attendees, who were pleased with Alicia’s down-to-earth demeanor and her ability to drive home her points by skillfully weaving her personal experiences with entrepreneurship into her presentation. The workshop turned out to be a highly interactive and dynamic one—so much so that it ran 30 minutes over!
The workshop facilitators have all been confirmed! We have an awesome lineup of speakers, all of whom are experts in their respective fields. Workshop participants will have the chance to gain first-hand information from the speakers as well as network with their fellow entrepreneurs.
So what are you waiting for? RSVP today at awib.org/events. The workshops begin next week!
Writing a Business Plan
Tuesday, November 5
- Why and when you need a business plan
- Elements of an effective plan
- Importance of strategic planning
- Using research and resources to make your case
Speaker: Alicia Yoon, co-founder of Peach and Lily, an e-commerce site offering the best in Asian beauty products
Legal Structures, Taxes & Record-keeping
Tuesday, November 19
- Legal structure; deciding what is best for your business
- Accounting essentials: cash flow, balance sheets, record-keeping & taxes
- Software for small businesses
Speakers: Samiya (Simi) Mir, partner at Katona & Mir specializing in employment and business law; and Chunyee Miot, an NYS-certified public accountant with over 10 years of experience
Marketing—On and Offline Strategies
Tuesday, November 26
- Create a marketing plan
- Outsmart your competitors and effectively target your market
- Use social media to create a buzz, find customers, and grow your business
- Expand your marketing strategy without expanding your budget
Speakers: Neerja Patel, a seasoned PR and marketing professional who owns a boutique public relations firm specializing in media and entertainment; Kunwei Lin, a digital marketing expert with experience in SEO/SEM and social media at award-winning ad agencies; and Sandy Hussain, founder and CEO of Luxly and co-founder of FashionDigitalNY.com and OliviaPalermo.com.
Financing Your Business
Wednesday, December 4
- Loans, investments, credit lines & SBA guarantees
- Alternative financing (in light of the recent passage of the JOBS Act, a law that encourages crowdfunding for small businesses and startups, special attention will be given to crowdfunding and how entrepreneurs can use it to help finance their enterprise)
- How much financing do you really need?
- What do lenders look for?
Speakers: Jeannie Clark, business specialist at Flushing Bank; Cindy Chin, CEO and founder of CLC Advisors, a management consulting firm specializing in venture strategy, innovation, and alternative investments; and Paul Yun, founder and CEO of Escargot NY, a tech startup that creates mobile device accessories
All workshops will take place from 6pm to 8:30pm at Microsoft (1290 Avenue of the Americas, at the corner of 52nd Street in NYC).
Pricing is $20 per workshop (or $40 for the entire series) for AWIB members and $30 per workshop (or $80 for the whole series) for non-members.
RSVP is required on our website at awib.org/events under “Starting Your Business 101.”