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Girl Power: Meet 5 Inspiring Female Entrepreneurs

Girl Power: Meet 5 Inspiring Female Entrepreneurs

Entrepreneurship has been a hot topic in the last couple of years. Many articles and books have been written about it, and even an entire university curriculum has been built around this subject and success stories concerning people who went from “zero to hero” have infiltrated our news feeds.

Businesses owned by women are now on the fast-track, and it has never been a better time to be a female entrepreneur. Statistics in a report published by Womenable and American Express OPEN say that the number of women-owned firms in the US only continues to climb, and it is estimated to surpass 9.4 million enterprises, which is 30 percent of all businesses in the country.

It is nothing new that women have a hard time working in a male dominant corporate world, where they are constantly facing challenges like being underpaid, passed over for promotions and even faced with sexism. This is why, in many cases, women turn to freelancing and start their own businesses. This offers them a chance to escape and a chance for success.

Everyone has ideas, but these inspiring female entrepreneurs have turned theirs into realities. Let’s have a look at five female entrepreneurs who should be on your radar, who are empowered, and who may inspire you to turn your own ideas into reality.

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Danielle Arps

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    Danielle Arps is the founder of Dani Arps, an NYC-based interior design company that specializes in residential and commercial spaces and startups. Danielle graduated from the Pratt Institute in Brooklyn, one of the most prestigious design schools, where she received her Master’s of Science in Interior Design. Danielle has become known as the NYC tech scene’s interior designer and her design company has graced the premises of some high profile startup spaces, including Newscred, Kitchensurfing, and Fueled.

    Cara Alwill Leyba

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      NYC-based Master Life Coach and author, Cara Alwill Leyba, is encouraging women to create “Champagne Life” for themselves. This means that they should live effervescently, making happiness their priority and celebrating themselves every day.

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      Cara is running an international boutique coaching practice, where she is working with bored and burnt-out women who know that they are destined to do more in life. Through support, loving guidance and an expert perspective, Cara is empowering women to face their fears and create careers and lifestyles that will be vibrant, authentic and inspiring.

      Adrienne Bosh

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        Adrienne Bosh founded Sparkle and Shine Darling in Miami, Florida, which is a Parisian-inspired boutique and a space where, as Adrienne says, “women can shop, have fun and be inspired”.

        This boutique and online shop contains carefully selected novelties and knick-knacks, and Adrienne has even created her own line of Sparkle & Shine products which include mugs, stationary and more. Adrienne is very passionate about woman empowerment, support for mothers and she wants to make the world a better and glitzier place.

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        Suann Song

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          Suann Song is a graphic designer who founded Appointed in Washington DC, an American-made brand with carefully designed desktop products that give utility a luxurious look. Suann had done an exhaustive and unsuccessful search when she tried to find refined and well-made desktop products that are manufactured in the US, so she decided to create her own.

          Suann’s selection of hand-crafted desktop tools are polished and practical and, most importantly, prototyped to perfection. Her products are designed to elevate the whole work experience. Suann is also the owner of SIMPLESONG Design, which is now a nationally recognized creative studio.

          Sarah and Emily Hamilton

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            Sarah and Emily are twin sisters who founded Bellabox, a subscription-based beauty box which delivers samples of beauty products right to your doorstep. Their business is based in Melbourne and has 15 staff members. BellaBox currently has over 40,000 members and, believe it or not it, they raised $7 million from investors.

            Support is something that really matters for female entrepreneurs who are on the rise and it can help them to succeed like Sarah and Emily, who have successfully expanded their business to China.

            These are just a few examples of aspiring female entrepreneurs who had a dream and worked hard on making it happen. Use their stories as inspiration, because everything is possible with the right amount of desire and guidance. If you have been storing ideas in your head, do not be afraid to try to make them happen, just be sure about who you are and what you can do, and you will be able to deal with every challenge that may come your way.

            Featured photo credit: stokpic via pexels.com

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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

            Reference

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