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Op-Ed | Fueling NYC’s $50 billion engine: How ladies enterprise homeowners can develop and scale | New York News

newyork-newsBy newyork-newsMarch 30, 2026No Comments3 Mins Read
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Op-Ed | Fueling NYC’s  billion engine: How ladies enterprise homeowners can develop and scale | New York News
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Michelle Buonfiglio, Northeast Lead for Inclusive Banking at J.P. Morgan Industrial Banking

Over the past decade, the variety of women-owned corporations in NYC has grown by 43%, turning into a strong power within the metropolis’s financial momentum. Over the previous a number of years, I’ve had an thrilling window into this enterprise progress.

Because the Northeast Lead for Inclusive Banking at JPMorganChase Industrial Banking, I assist enterprise leaders of all industries and backgrounds develop and scale, with a deal with these from underrepresented backgrounds. As a part of my work — and as a longtime New York Metropolis resident — I get to assist ladies entrepreneurs from throughout the town, state and past of their pursuits to achieve new enterprise milestones. My journey has taught me a number of classes:

Profitable founders are comfy being uncomfortable

Forging a brand new path as an entrepreneur isn’t simple work. There could also be occasions once you’re the one one that believes in your concept, or the place you’re the one one that seems to be such as you do in a gathering room.

I’ve discovered essentially the most profitable founders develop the arrogance to advocate for themselves and their concepts. By approaching every state of affairs with optimism and braveness, they discover options and consider in themselves. 

Success stalls once you go it alone. Creating a sturdy and strategically positioned community of trusted companions, consultants and advisors will help you enormously as you navigate challenges and attain new milestones.

At JPMorganChase, we provide enterprise leaders assist at each stage, from our Teaching for Impression program to our companies for founders who’re rising and scaling.

Past this, entrepreneurs can discover nice profit from becoming a member of a bunch that connects them with likeminded leaders. For instance, my crew works with the Ladies Presidents Group (WPO), a nonprofit geared towards mid-size ladies enterprise leaders in supporting enterprise progress.

This work has actual impression. Take Roni Hirshberg, co-founder and CEO of style firm Technology Love, who says collaborating with JPMorganChase and different organizations has helped her connect with different like-minded enterprise leaders. “Community is everything when building a brand because we learn from one another,” she stated.

Tahira White, co-founder of the NYC-based inventive advertising company nineteenth & Park, agreed. “Joining communities like WPO and J.P. Morgan’s founder network has been invaluable because entrepreneurship can often feel isolating,” she stated. “Through relationships built in these rooms, I’ve been able to unlock opportunities that meaningfully strengthened our company.”

They put the shopper on the heart of all the pieces they do

Distinctive leaders construct enduring firms by centering purchasers and their communities in each determination. Get to know your prospects deeply, talk in plain language, make it simple to purchase and get assist, and observe up so folks know you’re paying consideration. Have a good time buyer wins loud and proud to construct group. Over time, this regular, people-first method builds belief—and belief turns into loyalty and progress. 

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