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6 Things Women Entrepreneurs Can Do To Enhance Their Performance and Achieve Success

6 Things Women Entrepreneurs Can Do To Enhance Their Performance and Achieve Success

The mantra that women entrepreneurs are actually becoming more successful and ambitious than their male counterparts isn’t exactly unheard of today. They are highly ambitious and often start their career at a young age. There are known female actors, athletes and investors and directors who started in their teens and are now some of the most successful women in the world.

According to this report, over 8.6 million US businesses are run by female entrepreneurs. It is also reported that 90% of women entrepreneurs anticipate their companies’ revenues to either increase or remain stable the following year. The report’s revenue data indicates that companies commandeered by women entrepreneurs saw 13% higher profits than those run by men.

If you’re a struggling and ambitious female entrepreneur who’s looking to make it big in the corporate world, here are six things you can do now to boost your performance and attain unparalleled success:

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1. Surround Yourself with Positive Energy and Like-minded Individuals

The most productive female entrepreneurs surround themselves with people who propagate success and positive vibes. And these are the kind of people you can benefit from the most as they simply do not tolerate negativity or listen to what the whiners and naysayers have to say. There’s a little saying that goes along the lines of: “Those who can’t get it done shouldn’t deter those who can.”

There are many groups online and offline that cater to business owners seeking inspiration. Look for a network that matches your vision and business goals and don’t hesitate to share your problems or ask for help. Be inspired and motivated, celebrate your successes and tap into the power of such groups.

2. You Are Authentic and You Are Awesome

Authenticity, particularly in the business world, happens to be a highly bankable currency. It defines your business and truly sets you apart from the entire cookie-cutter industry. Leadership itself demands authenticity and if you try to steal someone else’s limelight, you will eventually fail. People want to look up to someone “real” who can lead them to success.

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Muster up the courage to offer a unique value proposition and market yourself strategically so that it speaks to your brand. If you’re constantly trying to be “everything to everyone”, you will end up as a jack of all trades and ace of none, something which can spell disaster for you as an entrepreneur. Develop a platform that says “this is what we do, who we are and why we love doing it”. Unleash your authenticity and awesomeness.

3. Ditch the Gender Baggage

One of the best pieces of advice you will get from the most successful businesswomen today is that success isn’t determined by your gender, it’s solely determined by you. Understand what your strengths and weaknesses revolve around and fearlessly pursue what you want. If you get stuck in a rut and worry too much about gender norms and expectations, you won’t get very far.

4. Work Smarter Not Necessarily Harder

Despite the fact that you have some pretty big shoes to fill, you don’t have to take everything on your shoulders. Consider outsourcing jobs that you either don’t have time for or don’t like doing such as bookkeeping, company formation, and admin or devising digital marketing strategies. All these tasks are important, but can be done by others too. Why not spare a small expense to unload a little extra mental bandwidth and free yourself up for tasks that demand more of your attention?

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Graeme Donnelly, CEO at Rapid Formations, says, “While most people come to us in order to get their company registered, some also discuss how it is getting more and more expensive to run a business today. All I tell them is to be smart. I also guide them on how they can save money on registration as a lot can be done for less .”

You can work smarter by leveraging your time – consider working with groups – especially if you can earn more at the same time. You might also adapt and repurpose old blog content instead of coming up with new ones all the time. There are many ways to work smarter and not harder.

5. Don’t Run Away From Your Fears

The idea of leaving a secure and well-paying job to start your own venture can instill a lot of fear and uncertainty. Understand that you must tap into every last ounce of confidence you can; confidence in yourself as well as your product.

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You’d be surprised to know how some women entrepreneurs tend to be conservative when it comes to promoting their talents; however, if you want to perform at your level best and find success, you need to be your own best friend while selling to prospective clients and investors. When you’re trying to build a business empire, there is just no place at all for false modesty.

Don’t let a lack of confidence get the best of you – that little voice that keeps telling you, you aren’t good enough or no one will ever buy what you’re selling. Put your vision into action and march forward with full confidence, by believing in yourself and what you have to offer.

6. Remember Why You Got into This

Running your own show can be a very stressful proposition and you might often find yourself thinking “Why am I doing this?”; during such times, take a few moments to reflect so as to why you got into entrepreneurship to begin with. Is it your spouse who motivates you? Is your youngest daughter the driving force behind your dreams or ambitions? Or are you simply looking to make a positive change in the female entrepreneurship world? Hone in on these factors and reflect on them from time to time to keep your drive going.

Good to know:

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Ahmed Raza

CEO of Samurais.co

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Last Updated on November 26, 2020

How Relationships Building Helps Achieve Career Success

How Relationships Building Helps Achieve Career Success

As playwright Wilson Mizner supposedly said all the way back in the 1930s,

“Be kind to everyone on the way up; you will meet the same people on the way down.”

The adage is the perfect prototype for relationship building in 2020, although we may want to expand Mizner’s definition of “kind” to include being helpful, respectful, grateful, and above all, crediting your colleagues along the way.

5 Ways to Switch on Your Relationship Building Magnetism

Relationship building does not come easily to all. Today’s computer culture makes us more insular and less likely to reach out—not to mention our new work-from-home situation in which we are only able to interact virtually. Still, relationship building remains an important part of career engagement and success, and it gets better with practice.

Here are five ways you can strengthen your relationships:

1. Advocate for Other’s Ideas

Take the initiative to speak up in support of other team members’ good ideas. Doing so lets others know that the team’s success takes precedence over your needs for personal success. Get behind any colleague’s innovative approach or clever solution and offer whatever help you can give to see it through. Teammates will value your vote of confidence and your support.

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2. Show Compassion

If you learn that someone whom you work with has encountered difficult times, reach out. If it’s not someone you know well, a hand-written card expressing your sympathy and hopes for better times ahead could be an initial gesture. If it’s someone with whom you interact regularly, the act could involve offering to take on some of the person’s work to provide a needed reprieve or even bringing in a home-cooked dish as a way to offer comfort. The show of compassion will not go unnoticed, and your relationship building will have found a foothold.

3. Communicate Regularly

Make an effort to share any information with team members that will help them do their jobs more effectively. Keeping people in the loop says a lot about your consideration for what others need to deliver their best results.

Try to discover the preferred mode of communication for each team member. Some people are fine relying on emails; others like to have a phone conversation. And once we can finally return to working together in offices, you may determine that face-to-face updates may be most advantageous for some members.

4. Ask for Feedback

Showing your willingness to reach out for advice and guidance will make a positive impression on your boss. When you make it clear that you welcome and can accept pointers, you display candor and trust in what opinions your superior has to offer. Your proclivity towards considering ways of improving your performance and strengthening any working interactions will signal your strong relationship skills.

If you are in a work environment where you are asked to give feedback, be generous and compassionate. That does not mean being wishy-washy. Try always to give the type of feedback that you wouldn’t mind receiving.

5. Give Credit Where It’s Due

Be the worker who remembers to credit staffers with their contributions. It’s a surprisingly rare talent to credit others, but when you do so, they will remember to credit you, and the collective credit your team will accrue will be well worth the effort.

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How Does Relationship Building Build Careers?

Once you have strengthened and deepened your relationships, here are some of the great benefits:

Work Doesn’t Feel So Much Like Work

According to a Gallup poll, when you have a best friend at work, you are more likely to feel engaged with your job. Work is more fun when you have positive, productive relationships with your colleagues. Instead of spending time and energy overcoming difficult personalities, you can spend time enjoying the camaraderie with colleagues as you work congenially on projects together. When your coworkers are your friends, time goes by quickly and challenges don’t weigh as heavily.

You Can Find Good Help

It’s easier to ask for assistance when you have a good working relationship with a colleague. And with office tasks changing at the speed of technology, chances are that you are going to need some help acclimating—especially now that work has gone remote due to the COVID-19 pandemic.

Much of relationship building rests on your genuine expressions of appreciation toward others. Showing gratitude for another’s help or for their willingness to put in the extra effort will let them know you value them.

Mentors Come Out of the Woodwork

Mentors are proven to advance your professional and career development. A mentor can help you navigate how to approach your work and keep you apprised of industry trends. They have a plethora of experience to draw from that can be invaluable when advising you on achieving career success and advancement.

Mentors flock to those who are skilled at relationship building. So, work on your relationships and keep your eyes peeled for a worthy mentor.

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You Pull Together as a Team

Great teamwork starts with having an “abundance mentality” rather than a scarcity mentality. Too often, workers view all projects through a scarcity mentality lens. This leads to office strife as coworkers compete for their piece of the pie. But in an abundance mentality mode, you focus on the strengths that others bring rather than the possibility that they are potential competitors.

Instead, you can commit relationship building efforts to ensure a positive work environment rather than an adversarial one. When you let others know that you intend to support their efforts and contribute to their success, they will respond in kind. Go, team!

Your Network Expands and So Does Your Paycheck

Expand your relationship building scope beyond your coworkers to include customers, suppliers, and other industry stakeholders. Your extra efforts can lead to extra sales, a more rewarding career, and even speedy professional advancement. And don’t overlook the importance of building warm relationships with assistants, receptionists, or even interns.

Take care to build bridges, not just to your boss and your boss’s boss but with those that work under you as well. You may find that someone who you wouldn’t expect will put in a good word for you with your supervisor.

Building and maintaining good working relationships with everyone you come in contact with can pay off in unforeseen ways. You never know when that underling will turn out to be the company’s “golden child.” Six years from now you may be turning to them for a job. If you have built up a good, trusting work relationship with others along your way, you will more likely be considered for positions that any of these people may be looking to fill.

Your Job Won’t Stress You Out

Study shows that some 83 percent of American workers experience work-related stress.[1] Granted, some of that stress is now likely caused by the new pandemic-triggered workplace adjustments, yet bosses and management, in general, are reportedly the predominant source of stress for more than one-third of workers.

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Having meaningful connections among coworkers is the best way to make work less stressful. Whether it is having others whom to commiserate with, bounce ideas off, or bring out your best performance, friendships strengthen the group’s esprit de corps and lower the stress level of your job.

Your Career Shines Bright

Who would you feel better about approaching to provide a recommendation or ask for promotion: a cold, aloof boss with whom you have only an impersonal relationship or one that knows you as a person and with whom you have built a warm, trusting relationship?

Your career advancement will always excel when you have a mutual bond of friendship and appreciation with those who can recommend you. Consider the plug you could receive from a supervisor who knows you as a friend versus one who remains detached and only notices you in terms of your ability to meet deadlines or attain goals.

When people fully know your skills, strengths, personality, and aspirations, you have promoters who will sing your praises with any opportunity for advancement.

Final Thoughts

At the end of the day, it is “who you know” not “what you know.” When you build relationships, you build a pipeline of colleagues, work partners, team members, current bosses, and former bosses who want to help you—who want to see you succeed.

At its core, every business is a people business. Making a point to take the small but meaningful actions that build the foundation of a good relationship can be instrumental in cultivating better relationships at work.

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Featured photo credit: Adam Winger via unsplash.com

Reference

[1] The American Institute of Stress: 42 Worrying Workplace Stress Statistics

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