5 Small Business Success Tips for Women Entrepreneurs

Stevens Stone June 20, 2015 3
5 Small Business Success Tips for Women Entrepreneurs

People tend to challenge the assumption that women can attain professional success given that they have to attend to domestic responsibilities as well. Technology seems to prove wrong almost every other claim that labeled something “impossible” to do or achieve.

Today, more and more women are joining the workforce and even making big bucks by doing most of the work from home or their self-assigned workplace. They are making the calls, giving the orders, being their own boss, and even spending quality time with their family.

Here are few tips for small business women entrepreneurs who want to maintain a certain level success and keep at it…

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1) Be Confident

This is the number one problem with female entrepreneurs! Their vision and enthusiasm seems to diminish with every setback or demoralizing comment. Their faith falters and they eventually lose hope. Don’t let that happen! This reminds me of great quote, “You are what you believe yourself to be” – Paulo Coelho

2) Consult a Mentor

It is important to consult an expert about your business plan before and after your start-up. Many successful women entrepreneurs look to female advisors with extensive industrial knowledge to be their guide.

A mentor doesn’t always have to be someone who you met only once and have to pay a fee to. It could be anyone in your family, a friend, or even someone you met online. Finding a mentor online is easier said than done, but with the right networking skills, it shouldn’t be a problem – and all entrepreneurs must possess those!

3) Delegate and Do it Right

You might pass off as solopreneur with an aim to just get by. However, you are bound to face a dead end at some point. They say two heads are better than one and given that the advantages in hiring exceed the disadvantages this is no less than a fact.

It is also nearly impossible to be good at everything. Evidently, it is better to hire somebody to perform those tasks which just aren’t your cup of tea. It is also extremely important to hire just the right people and build the right team in order to keep moving in an upward direction.

Demonstrate your need to fulfill a skill-gap the moment you hire a member. Make sure you set clear expectations and are honest and upfront since Day 1 to avoid disappointment and disputes in future.

4) Keep Searching for Leads

Never stop searching for new leads by leveraging your old as well as new connections. Always keep a lookout for potentials. This could be a potential area of business, a potential customer, or a potential key talent to hire.

Industry groups, events, and online networking platforms are a great place to begin. Again don’t limit your connections and sources to just a few channels. For instance if you cater to clients who buy dissertation help online, the best channels to look for them would be college sites, college twitter feeds, etc.

5) Keep Trying

Women are hire-wired to respond to stressful situations more emotionally than men. This results in them feeling let down by slight challenges or small bumps on the road—and sometimes even big ones.

It won’t be uncommon to deal with a rude customer, a mean remark, or a stern rejection. Sometimes, even the questions people ask about the likelihood of business’s success can be undermining. A successful female entrepreneur, however, knows just how to overcome such moments of despair in the right manner and time no matter how big or small.

“Think like a queen. A queen is not afraid to fail. Failure is another stepping stone to greatness.” – Oprah Winfrey 

Photo Cred: TedStearns.com

3 Comments »

  1. avatar
    Kathy June 21, 2015 at 4:36 am - Reply

    Awesome advice!

  2. avatar
    Aakanksha Patil June 21, 2015 at 6:04 am - Reply

    I think you’re overestimating how emotional women get. After all, it is just business, and women understand that fact too. But what you said about having mentor is really helpful! I feel like people forget the fact that they don’t have to do everything by themselves, and that there are more experienced people out there who would be willing to help them. Overall, great tips!

  3. avatar
    Katya Varbanova July 9, 2015 at 6:41 pm - Reply

    Thank you for the insights. There is some truth in your post.

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