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9 Noteworthy Female Entrepreneurs Who Have Changed Their Industries

9 Noteworthy Female Entrepreneurs Who Have Changed Their Industries

Technology, web applications and the mobile boom, all of these are fast-growing industries and sectors across the whole world. But what’s the one group that’s experiencing just as much growth, that people often overlook? Female entrepreneurs.

Men often get the limelight for business, financial and technological accomplishments. In this post, we’re focusing on nine noteworthy female entrepreneurs you’re probably didn’t know about.

 1. Nicole Sanchez

A graduate of both Harvard College and Harvard Business School, Sanchez brought her talents to multiple companies as a consultant and hospitality expert before venturing into entrepreneurship. Somewhat apprehensive about entrepreneurship in general, Sanchez notes that even after attending a school like Harvard, she didn’t feel fully qualified to start her own company.

Her biggest recommendation to fellow female entrepreneurs is to get started today, even when conditions aren’t perfect. One of Sanchez’ largest accomplishments to date is the creation of TenderCaring, a business that helps seniors remain at home through technology and living assistance.

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2. Heidi Ganahl

Founder of one of the largest multifaceted dog brands in the United States, Camp Bow Wow, Heidi Ganahl is a market leader when it comes to pets. Her venture is unique in that Camp Bow Wow offers more customizable services than competitors at better prices, and each dog supervisor is trained to meet specific benchmarks of excellence.

Ganahl’s $65 million franchise currently serves a wide variety of needs for dog owners at over 130 locations throughout the country.

3. Maria Seidman

Seidman orchestrated accomplishments from mobile teams at MGM, Goldman Sachs and Warner Bros. before launching her own company, Yapp. Her company Yapp is now the go-to site for creating mobile applications in minutes.

4. Heddi Cundle

Before starting her own venture, Cundle worked with global travel and lifestyle brands for over two decades. She now brings that experience and insight to her own company, MyTab.co, a travel gift card service.

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Cundle’s concept is unique in that family and friends can contribute to a loved one’s travel desires, and the loved one can utilize thousands of airfare and lodging options via the app.

5. Judith Faulkner

If you’ve been to any kind of doctor recently, you’ve probably seen a program called Epic Systems on the desktop computer. This efficient and user-friendly software was founded by Judith Faulkner, who bootstrapped the company with just $6,000 in 1979.

In 2014, Epic pulled revenues of $1.77 billion. Talk about an encouraging and empowering story for young female entrepreneurs!

6. Sandy Lerner

Depending on your place of work, your vocation may involve multiple conference rooms, mobile phones and pagers. Cisco Systems may very well be the provider of such technology, as they are now the largest networking technology company in the world.

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As co-founder of Cisco, Lerner worked with then-boyfriend Leonard Bosack on the company for six years before she was fired and they both left. After selling another cosmetics company she started, Lerner is now deeply involved in sustainable agriculture.

7. Anne Bezancon

Previously an executive for PCI and Productopia, Anne Bezancon effectively conquered multiple mobile and consumer marketing challenges. Currently, she is the president and founder of Placecast, a cutting-edge mobile marketing firm.

Bezancon takes her expertise from marketing to customers, how they want to be reached, and provides it for companies who want to increase customer engagement and satisfaction in real-time scenarios. Some of Placecast’s clients include Best Buy, Starbucks, Discover, GAP, Kohl’s, American Eagle and Jet Blue Airways.

8. Sonia Kapadia

A graduate of Harvard Business School and University of Pennsylvania, Kapadia spent multiple years at Pepsi and Gu Chocolate Desserts before deciding she wanted to create her own operation.

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Kapadia’s currently best-known entrepreneurial effort is Taste Savant, an outlet and info hub for savvy diners.

9. Anne Wojcicki

Before her own venture, Wojcicki was likely best-known as wife of Sergey Brin, co-founder of Google. Then in 2006, Anne Wojcicki began 23andMe – a genetic history reporting firm. Users now purchase the genetic reporting package, and – after mailing a small tube of saliva back – receive over 60 customized and personal reports about their genetics and possible disease risk. 23andMe’s pricing has risen over recent years, but the firm also provides more value than previous iterations of their product. If you want to get a highly personalized report of your health, look no further than Wojcicki’s unique venture.

Conclusion

Hopefully learning about these female entrepreneurs has inspired and encouraged you to keep moving forward to your own goals. As many of these women have revealed – dreams don’t happen overnight, the biggest step you can take towards entrepreneurial success is to simply commit yourself and keep pursuing your passion with hard work!

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Brad Johnson

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Last Updated on October 18, 2018

10 Key Characteristics of a Highly Successful Entrepreneur

10 Key Characteristics of a Highly Successful Entrepreneur

When it comes to starting your own business and pursuing your dream of becoming an entrepreneur, it can be advantageous to go all in and embrace the flexibility of finally quitting your day job.

Keep in mind, though, that it takes a special kind of person to take the business world by storm: a person who has cultivated the key characteristics of entrepreneurial success.

People with these characteristics are likely to succeed, whereas people without them have difficulty moving forward with even the most brilliant business ideas.

These characteristics of an entrepreneur are so important that I’ve decided to cover all 10 of them in detail so that you can start your business with your best foot forward.

1. Successful Entrepreneurs Practice Discipline

Plenty of business experts claim that you can’t get anywhere as an entrepreneur without vision or creativity, but that’s simply not the truth. Instead, the one quality that no entrepreneur can be successful without is discipline.

To build an idea into a business, you have to have the discipline to spend time slogging through the least fun parts of running a business (like the bookkeeping), rather than taking that time to do something fun.

Andrew Carnegie, one of the most financially successful Americans of all time, grew up working dull and difficult jobs in factories. Despite going to bed hungry some nights, he continued doing his best work. He was eventually hired by a railroad company and continued to move up the ladder until starting his own successful businesses. Carnegie is a fine example of an entrepreneur dedicated to discipline and hard work. He truly earned his dreams of prosperity and success.

When you’re the boss, there’s no one to keep you at work except yourself — and there’s no short-term consequences for skipping out early.

Sure, if an entrepreneur plays hooky enough he knows that the business just won’t happen, but it’s very hard to convince someone that ‘just this once’ won’t hurt (and to keep ‘just this once’ from becoming a daily occurrence).

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2. Successful Entrepreneurs Keep Calm

Things go wrong when you run your own business.

Most entrepreneurs go through crises with their businesses — and more than a few wind up with outright failures on their hands. But when you’re responsible for a business, you have to be able to keep calm in any situation. Any other reaction — whether you lose your temper or get flustered — compounds the problem.

Instead, a good entrepreneur must have the ability to keep his cool in an emergency or crisis. It may not make the problem easier to solve, but it certainly won’t make it harder.

Honestly, losing your calm is a quick path to becoming the kind of person who gives up in the face of adversity. Instead giving in to frustration, remember classic entrepreneur Benjamin Franklin.

Franklin kept his calm as he experimented and tweaked his inventions again and again in pursuit of success. He didn’t give up during his many failures – he chose to innovate. You can choose innovation, too.

If an entrepreneur can handle failure without frustration or anger, s/he can move past it to find success.

3. Successful Entrepreneurs Pay Attention to Details

Restricting your attention to the big picture can be even more problematic than ‘sweating the small stuff.’

As an entrepreneur, unless venture capital has magically dropped out of the sky, a small expense can be a killer. It’s attention to detail that can make a small business successful when it has competition and it’s attention to detail that can keep costs down.

Attention to detail can be difficult to maintain — going over ledgers can be tedious even when you aren’t trying to pay close attention — but keeping your eye on a long-term vision is just asking for a problem to sneak in under a radar.

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After a business grows, an entrepreneur might be able to hire someone to worry about the details. In the beginning, though, only one person can take responsibility for the details.

Skeptical about the importance of details? Look no further than Howard Schultz, who grew a small coffee shop called Starbucks into one of the most globally successful coffee businesses in the world through his extreme attention to detail.

He is famous for taking all aspects of growing a business into account, paying attention not only to financially smart business decisions, but also focusing on socially responsible business decisions. Details can take you far.

4. Successful Entrepreneurs Embrace Risks

No entrepreneur has a sure thing, no matter how much money s/he stands to earn on a given product. Even if a product tests well, the market can change, the warehouse can burn down and a whole slew of other misfortune can befall a small business.

It’s absolutely risky to run a business of your own and while you can get some insurance, it’s not like most investment options. Even worse, if something does go wrong, it’s the entrepreneur’s responsibility — no matter the actual cause. In order to deal with all of that without developing an ulcer, you have to have a good tolerance for risk.

You don’t need to channel your inner frat boy and take on absolutely stupid risks, but you need to know just how much you can afford to risk — and get a good idea of how likely you are to lose it. If the numbers make you uncomfortable, the risk is too great.

Embracing risks is essential for growth and additional success, as well. Walt Disney, for example, could have stayed comfortable with his advances in the film and animation industries, but decided to expand his brand with a new dream: a theme park that soared above the competition. Without taking this risk, the incredibly successful Disney theme park empire would never have come about.

An entrepreneur has to be willing to accept pretty big risks, with some level of comfort.

5. Successful Entrepreneurs are Balanced

You can take any characteristic too far. There’s a point at which attention to detail can become obsession or calm can become unemotional response.

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As an entrepreneur, you have to be able to balance your characteristics, getting the most of them without going over the edge. But balance for an entrepreneur goes far beyond keeping your characteristics in check, though.

Just as an entrepreneur doesn’t have a boss to keep them at work when necessary, they don’t have one to send them home when they’re done. If you are working for yourself, you have to decide how to balance your work and home life — and if you have a day job to add into the equation, balance just gets more complicated.

Oprah Winfrey, one of the most successful and influential entrepreneurs out there, understands the importance of balance. Winfrey has a lot going on; she runs her own media kingdom, acts, produces films, publishes print, and more. In an interview with Fast Company,[1] she talks about her efforts to balance priorities and self care, saying that she must ask herself what is truly important in each limited day.

You may or may not have as much on your plate as Oprah, but learning how to balance whatever you have going on in life will certainly help you farther along down the road as you learn to be a great entrepreneur.

6. Successful Entrepreneurs are Passionate and Motivated

In order to develop any of the above characteristics, you must have a foundation of passion. Staying disciplined day after day during the building of your business takes unrivaled motivation.

Before you start any business, ask yourself if you can sustain true excitement about your idea during even the darkest days ahead of you. If the answer is yes, then good for you! Nurture your natural motivation by taking these action steps throughout your business journey:

  • Commit to making short and long-term goals. Check in with them often to stay on task.
  • Have a plan in place for the inevitable days when you feel discouraged. Make a list of things that will help keep you motivated and focused.
  • Share your ideas with trusted individuals who are just as excited as you are. They will help keep your enthusiasm rolling even when you are feeling down.

By being prepared for apathetic days and holding fast to your authentic passion, you can actually enjoy your journey to success.

7. Successful Entrepreneurs Adapt

Remember this one word: flexibility. Seasoned entrepreneurs know that change is not only a part of life, but also a part of the business world. Expect change and choose to adapt.

As a new entrepreneur, it will be tempting to cling to your original business plan with no exceptions, even if you notice it isn’t working. Good entrepreneurs know that it’s okay to make smart, informed changes in order to ensure efficiency.

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8. Successful Entrepreneurs are Marketing and Sales Experts

No matter what kind of business you are starting, a knowledge of marketing and sales will save you many headaches. A passion for creating a beautiful handmade lifestyle product is not enough to run a successful lifestyle brand; it is critical that you understand key business principles in addition to your natural skills or great product line.

Not sure how to start? Taking business courses is a great idea, but you can also easily brush up on sales and marketing through free online resources. Check out these 10 Sales Skills Everyone Should Master To Be Successful to begin now.

9. Successful Entrepreneurs Have Strong Money Management

Along with sales and marketing skills, money management is a very useful tool in the box of the entrepreneur. Understanding how to best manage your money can be the difference between early success and early failure in the business world.

If money management isn’t your strongest skill, prepare to hire a financial expert to help you with any tricky business that comes up. Financial guidance and knowledge is never a bad idea.

10. Successful Entrepreneurs Ask Questions and Continually Improve

Pride is a natural human quality, but it’s important to humbly conduct some constructive criticism every now and again on both yourself as a leader and your new business as a whole.

Assess how things are going and be willing to make positive changes if necessary. Here’re 15 ways to cultivate lifelong learning.

If you are always improving, then how can you ultimately fail?

The Bottom Line

Let me remind you of one important fact: the qualities of an entrepreneur listed here are not exclusively available to some people and elusive to others.

Although some people may have natural strengths and weaknesses, these qualities can be learned by anyone interested in taking up the entrepreneurial challenge. It might not be easy to change old habits, but it is absolutely possible to cultivate these characteristics in yourself.

Whether you’re a business owner or an aspiring entrepreneur, with hard work, you can train yourself to develop the qualities that truly determine the entrepreneurial spirit and future success.

Featured photo credit: Unsplash via unsplash.com

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