7 HABITS OF SUCCESSFUL FEMALE ENTREPRENEURS

Jessica Nwuzi
25.02.2019
Hey Female Founder!

As girl bosses we’ve all got success on our mind right? But as we all know the dream might well be free but the hustle is certainly sold differently! So what characteristics can aid in our quest for success? Well here’s 7 to start with

Confidence
Entrepreneurship is a rocky road. Today you are up, tomorrow you could be down. Belief in yourself, your company and what it stands for is KEY to staying firm even when the ground beneath you is shaking.

Ability to do it afraid
Speaking about the ground beneath you shaking, fear is REAL in the land of entrepreneurship. Sometimes the fear is imagined, other times its as real as this newsletter. But girl bosses who are able to stand the test of time are those who look fear in the face with their heart palpitating in their mouth and move forward regardless

Killer negotiation skills
Are you a negotiator of life? Well you’ve got to be if you want to succeed. Clients, vendors, new and old customers, staff...everyone is looking for a deal! And so are you? Negotiating doesn’t always mean someone has to loose, it just means you are able to create real value for yourself and the other party in most of your transactions.

Money tracking senses
So remember how when you were younger, your parents would send you to buy something and would collect ALL the change? Well that’s how you’ve got to be when it comes to your business. You must know where all your money goes and how it comes. Every quarter write out a budget and monitor it month to month. At the end of the quarter, see how much you spent on transport, feeding, salary and other expenses, then compare it to how much you earned. Do the numbers make sense? Is your business growing? Also make sure you set monthly sales targets for your business.

Networker of life
Still staying in your shop 24 hours a day for 7 days a week? You might be on a long thing. Successful female entrepreneurs know that business can come from anywhere, so they go out to seek it. Industry events, trade fairs, pop up stores, dinners, birthdays...etc. Depending on what your specific business is try and always have a sample of your product handy in case a potential customer is nearby and always ensure you have your complimentary card with you and that you make contact with new people you connected with at least within a week of meeting them.

Plan like your business depends on it, because it does
All the things we learnt about preparation in secondary school turned out to be true. Proper planning prevents poor performance. Start each month with a plan, not just hoping something will happen. Do you have a social media plan? A plan for increasing sales? A plan for collecting debt? Or do you even have a business plan? Are you following the plan? Sticking with a plan will help you track what’s working and make strategic decisions that could ultimately help with the growth of your business.

Enjoy their life
All work and no play can make Jane a very dull entrepreneur. Yes, the hustle is real, but make sure you are creating real opportunities to enjoy your life and the benefits of all your hard work! Spend time with family, friends, staff, and business associates and put yourself in situations where you can make new friends and create new experiences.

What other rules of success are you living by?



Add Comment

25.02.2019

Corporate or Business Sustainability is a key business driver...

Detail

26.02.2019

Human resources are like the heartbeat of a business....

Detail

27.02.2019

A good record of accounts and cash flow are important...

Detail