Keys to Success for Women’s Entrepreneurship
If you want to start your own business, you should initially have confidence and faith not only in yourself but also in your plan, which in turn should be well thought out to the last detail and accompanied by a very specific goal. It also requires optimal time management. In terms of mindset, you should change the way you think about failure: It’s just an opportunity to learn something particularly useful for your professional field. Finally, as for your cycle, it may need to change radically. You should minimize contact with negative or critical people, while at the same time building a network of people who will help you consultatively or practically, who will work with you, who will promote you, and who share your vision.
In addition to being paid less than men for the same work, women are also less likely to receive a raise and/or promotion in the same amount of time as men – having done the same work. The biases, conscious or not, are that women are less effective, less efficient, less persuasive, and behave differently. Of course, none of the above is true, and sensor studies have repeatedly disproved it. On the contrary, research shows that women are remarkable entrepreneurs. They possess skills that make them stand out from men. They also have a more diverse view of risk. They are willing to take bigger risks without being irrationally reckless. Plus they have shown greater ambitions to spread their empire across multiple businesses, through partnerships, while men prefer to expand their one business, focusing on higher and higher turnover and pushing their business higher and higher. Owning your own business allows you to have more flexibility in your schedule. Since many women have children and elderly parents to care for, flexibility is a very important factor. Plus you can plan a program that includes health activities such as exercise. Moreover, when you’re the boss, you can set your own selling prices and charge the true value of the goods you produce. And of course, you have the possibility to develop your career as fast as you want and can, without depending on the decisions of others.
The belief that working for a company offers more stability is false. Acquisitions, layoffs, reorganizations, restructurings, or a combination of these make the corporate part just as volatile as any other part of work. And of course, such changes are not under your control. But when you work for yourself, you have the reins and control not only your business moves but also your partners and clients.
Finally, as an entrepreneur, you can make your dreams come true, turn your passion into a profession, add meaning to your life, leave behind a worthy legacy that you are proud of, and achieve the greatest success you can, precisely because you will you work with passion, zeal, and love for the object of your business, without fear of failure.
After all, it’s better to fail at something you love than succeed at something you don’t care about.
