Making the decision to venture out on your own to start a business can be very scary for some but for those of you that were born entrepreneur's, it seems almost second nature to stat a business on your own. Your mind is all over the place and you don’t know where to begin. Well to help you focus and ask yourself the hard question on whether or not it’s the best choice for you and most important you’ll get some tips and advice on the mindset of female entrepreneurs.
First let me ask, how many of you have given serious thought to ell your boss to shove it? You may want to spend more time with your family or you have become burnt out with your job. What ever your reason is there are things you have to account for and a mindset you may want to adopt to be successful at starting and maintaining your own business.
According to American Express OPEN’s study The State of Women-Owned Businesses, an estimated 8.3 million women-owned businesses in the United States employ 7.7 million people. That is very impressive and speaks volumes to the positive impact women entrepreneurs have on the economy and business today. Achieving this status just doesn’t come easy or without any hard lessons learned by these women. The fact is these women have some very notable traits in common and understand the importance of them to their success.
- Confidence:
This is not the time to hold back on your talents and what you have to offer the world. You have to be willing to sell yourself and your business.
- Have Tough Skin:
Understand that not everybody will share your dream or passion. Some people will condemn you and try to throw shade in your way. Having tough skin you hold your head high and continue to move forward.
- Flexibility:
To stay current in whatever business model you chose you have to be willing to make necessary adjustments to your plan and business model in order to compete.
- Determination:
Having the firmness of mind to set out on such a venture requires much determination to succeed. Every time you feel you have failed or are on the verge of failing tap into your determination and push forward. All that you will learn will prepare you for the next level of growth.
- Patience:
Realize that you are investing in you and this will take time. It is good to stay in a calm mind and know that there will be challenges and obstacles, with patience you can come through them better than when you went in.
- Have Passion For What You
If you are going to be investing in something and living it, well why not make it something that you are passionate about. This will not only be healthy for you it will reflect to your customers and clients.
- Be A Risk Taker:
Being a risk taker is said to be a small number of people and guess what you are one of them. Make yourself stand out in your industry by taking the path less traveled. The initial leap may be scary but after that the journey can be unforgettable.
- Make Plan:
Truth be told if you do not make a plan, you plan to fell, isn't that the saying. Female entrepreneurs may also agree. You benefit greatly when you do your homework and make a plan, it allows you see your business from a financial and investment standpoint, industry saturation and more.
- Network:
Networking has so many advantages. It is an excellent way to get your business out there and meet like minded people. A great way to keep up with events and what’s happening in your industry
- Get A Mentor
Now who better to learn the industry from than someone that has experience in it. A mentor comes with a wealth of knowledge and help you avoid some of the mistakes you would make without having an industry insider.
References
American Express Open Forum
Score
US Small Business Association
http://www.sba.gov/content/women-owned-businesses
Resources
Women's Business Centers Directory
National Women's Business Council
Gateway for Women-Owned Businesses Selling to the Government
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