by Julia McCoy
In this technology-driven era where a business can reach millions of people from all over the world through the internet, it’s much easier to start and to grow a successful business compared to how difficult it was in the past. More and more people choose to quit their job and follow an entrepreneurial endeavor, and they are not just men! In our days it’s quite normal to see women following this path and becoming successful, self-made millionaires. And even if some women never become a millionaire, they still own a successful business and live a good life of financial freedom and leadership.
According to NAWBO (the National Association of Women Business Owners), in the United States there are more than 11.6 million companies owned by women and they generate $1.7 trillion in sales. Not to mention that all of these companies are creating jobs for 9 million people. Out of all the businesses that have a revenue of $1 million or more, 1 in 5 is owned by a woman.
Some of the most famous female entrepreneurs include Ariana Huffington (The Huffington Post), Beyonce (clothing line), Sara Blakely (Spanx), Cher Wang (HTC), Denise Coates (bet365), Marie Forleo and Oprah Winfrey.
Do you want to follow in the footsteps of these highly successful women? Then here are the top skills that you need.
Mark Twain used to say that “Courage is not the absence of fear, but the resistance to fear and the mastery of fear.” It’s totally ok to be fearful, but what’s more important is to overcome fear. Entrepreneurs, in general, face a lot of fear of failure and self-doubt, and it’s even more difficult for women than men. Being an entrepreneur comes with freedom and many other benefits, but also with a lot of risks and challenges. Take them as they come and face them with courage.
To be a successful woman entrepreneur you definitely have to be a good leader. You will not make it on your own and you will need an amazing team in order to succeed. Compared to most men who can be very drastic and cut and dry, women have more empathy and will better understand the challenges that their employees have to face. This will make them better leaders and will earn them the trust and respect of the employees.
Having a strong personality is essential when working as an entrepreneur. Hand in hand with that is having the courage to accept who you are and to have your own opinions no matter what others are thinking. To succeed in business, you also need to have good manners, a professional attitude, and the ability to make real, long-lasting connections. Networking is essential, and you’ll succeed in networking opportunities by letting your personality and who you are shine.
Building a successful business is definitely not as simple as some people try to make it look on social media and it will require many years of hard work and dedication. Many challenges and failures will come along the way. Have the mindset to be perseverant and to never give up on your dreams.
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- 15 Best Side Hustles for Women
- Turn How to Remain Focused as a Woman Entrepreneur
- Stepping Boldly Towards Empowerment
Julia is a lover of the written online word. Her favorite thing is making the gray areas of content marketing clear with practical training, teaching, and systems. She’s a CEO, blogger, author, and has been named an industry thought leader by several publications. She grew her content agency, Express Writers, to more than 95 experts on staff and $4 MM in revenue inside just 7 years. She’s the author of two bestselling books on content marketing and copywriting, the creator of two industry courses, and the host of The Write Podcast. Julia lives in Austin, Texas with her daughter and husband. Follow her on Twitter @JuliaEMcCoy.