Executive Education

Top 7 Easy Tips to Become a Successful Woman Entrepreneur

The fact that women also are eventually making their foothold strong in the realm of entrepreneurship can be validated by the statistics revealing the increase in the number of women entrepreneurs since 2007, which is about 30%. Globally, as per the Global Entrepreneurship Monitor, the rate at which women entrepreneurship escalated is 14% compared to 5% among men. A lot of you might nurture the dream of starting up your own businesses one day. However, due to the fear of failure and the dearth of a proper guidance, this wish is never fulfilled. In this write-up, we’ve compiled 7 super easy strategies that would aid in rekindling your ambition which has been lying dormant all this while. Read on.

Have a Resolute but Well-defined Goal

The question “why are you desirous of establishing your own business?” might sound irrelevant but you should know that this very ‘irrelevant’ query is the deciding factor behind your triumph or failure as an entrepreneur. Reflecting on some of the triumphant female entrepreneurs globally, you’d notice that they all possess a definite reason for joining business, which in turn played instrumental in initiating their goal.

Instill Self-belief

In order to emerge victorious in business, having faith in oneself is of grave importance. This is so because, unless and until you believe in yourself, chances are no one else would. If you lack confidence, no investor would put money in your venture, and your employees also won’t perform with absolute potential since you don’t own sufficient expertise to inspire them. Hence, start working on raising your self-confidence from today itself, and gain the belief that you do possess the qualities that the world desires.

Accept Failure Enthusiastically

Keep this thing embedded in your mind that to climb the ladder of success, you’re bound to encounter several pitfalls and setbacks. However, instead of stooping down under their pressure, you must learn to overpower them. Know that there’s no shortcut to success. If you browse the World Wide Web on the most successful women entrepreneurs, you’d find that most of them are women who continued their endeavor without paying any heed to their failures. To quote George Burns, “I honestly think it is better to be a failure at something you love than to be a success at something you hate.”

Reduce any Association with Negative People

Avoid association with people who doubt you, are contemptible towards you, or don’t possess any inclination for understanding you and your aspiration. Ward off people who drag you down instead of encouraging and lifting you up.

Initiate your Own Business

Merely reading the success stories of famous women entrepreneurs such as Ariana Huffington, Jenny Craig, Oprah Winfrey et al won’t take you towards your goal. In order to bring your dream to fruition, you must take action. Don’t pay any heed to our opinion. Rather, you contemplate that just by day-dreaming, how many days, probably years have passed by? Did your fantasizing lead to anything constructive? We guess no. Remember that time is NOW. Take the leap of faith, and start with whatever resources you have.

Build Network

It’s utterly impossible to build an extensive and productive business alone. A close-knit and substantial network possesses an intense amount of connections and association, which is indispensable.

Utilize your time Judiciously

Many a times, female entrepreneurs undergo restraints of time. This is obviously quite natural as, unlike their male counterparts, they have to juggle between several responsibilities together. However, the female entrepreneurs must take notice of their business necessities along with looking after their own requirements and their family. This might sound quite demanding but, if you want to see yourself at the pinnacle of success, then you ought to conquer this impediment.

You must have heard of cosmetic brands such as Chanel and Estee Lauder. Do you know that who runs this renowned entity? Well, they’re governed by women entrepreneurs Estee Lauder and Coco Chanel. Yes, you heard it right. These are names of the two bigwigs themselves. Hope this bolstered your self-confidence to some extent. Raising a moneymaking business isn’t an overnight endeavor. It’s a procedure that demands perseverance and commitment. Overcoming all the challenges in your path will definitely result in the culmination of your dreams and hopes. As an entrepreneur, it is but natural that you shall think of growing the company. This potentially includes marketing effectively and efficiently for attracting leads. Check out SEO Tips for New Entrepreneurs!

Have you read?
The  5 most powerful women in the world, 2018.

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Mansi Rana
With over 13 years experience as a leader in digital marketing, Mansi Rana is Managing Director of EZ Rankings. Passionate about all things data; providing actionable business intelligence in digital, future tech; and venture bubbles categories for everyone, everywhere.