How do women business owners succeed? Common characteristics and practices you should know.
Ever wondered why some business owners have so much success in their entrepreneurial pursuits?
Well, you’re in good company! And luckily, there is an answer to this question that YOU can learn from.
Successful female business owners all REALLY DO have several things in common!
It’s no secret that it can be tough to succeed in business as a woman. Despite making up half the population, women still face many challenges regarding entrepreneurship. But that doesn’t mean it’s impossible to join ranks with other successful women in business. Here’s what all successful women dominating their industries have in common.
Successful Female Entrepreneurs Learn from Other Women Business Owners That Have Gone Before Them
If you want to be like other female industry tycoons, learn as much as you can about the lives of other successful women. Study their successes and try to understand what made them successful. This will give you a better idea of what it takes to be a successful female entrepreneur.
Read their biographies, study their career moves, and note how they approach challenges.
Some great women to look toward for inspiration include:
- Sheryl Sandberg, the COO of Facebook, has been highly successful in her career. She’s also an excellent role model for other women entrepreneurs.
- Marianne Williamson is a world-renowned speaker and author. She’s also a successful businesswoman, and she has plenty of wisdom to share with other female entrepreneurs.
- Oprah Winfrey is one of the most prosperous and famously successful women in business. She’s built a massive media empire, and she’s an excellent example of what hard work and determination can do.
Successful female entrepreneurs study other women who have been successful in their fields. This helps you understand the challenges you may face and gives you some ideas to overcome them.
They Curate a Strong Personal and Professional Network
Female entrepreneurs need to surround themselves with a supportive network. This can include family, friends, mentors, and colleagues who believe in your vision and support your endeavors. Having a solid network of people to lean on will be crucial as you navigate the challenges of starting and growing a business.
Successful women in business learn to lean into personal networks as they learn to navigate their family life and work life. When you’re starting a business, it’s easy to become consumed by the never-ending daily tasks required to stay afloat. Your friends and family can help you maintain your sense of balance as you get started.
It’s also essential to develop a professional network specific to your field. Attend industry events, join trade organizations, and connect with other female entrepreneurs. These connections can provide valuable resources, advice, and support to grow your business.
Consider joining a women’s entrepreneurial organization such as the National Association of Women Business Owners or the Women’s Business Enterprise National Council. Building a solid network of supportive people is essential for anyone who hopes to triumph like other successful women in business.
They Develop a Personal Brand
As a woman in business, you will have to work hard to stand out from the crowd and establish yourself as an expert in your field. One way to do this is by creating a strong personal brand that showcases your unique talents, experiences, and abilities. Arianna Huffington is an excellent example of someone who has established a strong personal brand in her industry.
Creating a website is a great way to carve out a space for your expertise in your industry and build your personal brand. Use your website for blogging about topics related to your business, share your company’s story, and showcase your products or services.
Creating a strong personal brand will help you attract the attention of potential customers, employers, and industry leaders.
They Get Comfortable Being Assertive
Successful women in business also learn to be more assertive in the workplace. Women are often socialized to be polite and deferential, which can be a disadvantage in the business world.
To be successful, you need to learn to speak up for yourself and assert your needs. This doesn’t mean that you should become aggressive or pushy, but it does mean that you need to learn how to communicate your ideas and opinions confidently.
One way to practice being more assertive like other successful women in business is to role-play with a friend or family member. This will help you get comfortable expressing yourself in a business setting. Another option is to join a public speaking group, such as Toastmasters, where you can practice your communication skills in a safe and supportive environment.
They Become Lifelong Learners
Top female entrepreneurs never stop learning about their industry. The business world is constantly changing, and you need to be prepared for the challenges that come with change. One way to stay ahead of the curve is to commit to lifelong learning. This means reading industry news, attending conferences and seminars, and taking courses to improve your skills.
Truly successful women in business can spot new trends and opportunities. As a result, they’re better equipped to handle the challenges of running a business. Lifelong learning is essential for any female entrepreneur who wants to achieve long-term success.
Part of being a lifelong learner is knowing how to receive criticism (and take it with a grain of salt). As a woman in business, you’ll need to learn to take criticism without taking it too personally.
Not everyone will agree with your ideas, and that’s okay. However, it’s important to remember that not all criticism is created equal. Some of it may be constructive and helpful, while other criticisms may be nothing more than malicious personal attacks.
One way successful women in business deal with criticism is to pick out the valuable pieces and dismiss the rest. This doesn’t mean that you should become immune to the hurtful things people say, but it does mean that you shouldn’t let the negative comments get to you.
Another option is to practice responding to criticism in a constructive way. For example, calling people out for sexist remarks or practices can seem scary in the moment, but your voice can be a powerful tool for changing the culture of the business world.
Just remember to stay persistent about your success.
One of the most important qualities of successful women in business is persistence. Of course, you will face obstacles and challenges, but it’s important to remember that these are temporary setbacks. Every “no” brings you one step closer to a “yes.”
And one more very important characteristic…
Successful Female Entrepreneurs Persevere
There will be times when you feel like giving up, but it’s essential to push through and keep going. Remember why you started your business in the first place, and let that be your motivation to keep going.
Have a quality that has helped you succeed in launching or running your business? Let us know in the comments below!
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