Get inspired by the advice of successful businesswomen

The small business world is full of successful people, and many of those success stories involve businesswomen. Let’s take a look at some of the tactics and traits they have, along with some of the key advice they can offer prospective entrepreneurs.

Business traits of successful businesswomen

What are the secrets of successful women in business? What tactics do they use to get ahead and become sustainable entrepreneurs?

There are a number of common traits amongst successful businesswomen that you may also have, such as:

  • Making a challenge of your business venture – using ambition as a major motivating factor.
  • Not giving up – by having the persistence and self-belief that what you’re trying to do is achievable.
  • Excellent time management skills – and the passion to enjoy what you’re doing.
  • A willingness to learn – along with the confidence to gain customers or clients, and to build up a promising business.
  • A sense of purpose – believing that your business is making a difference.

“Find what lights you up”

It’s important to learn to trust your intuition. Good intuition can help you follow what you enjoy. As successful businesswoman Melissa Galt says, “My advice is to find what lights you up, and do whatever it takes to make it happen. You will meet with unexpected success."

However as Melissa explains, the road to entrepreneurial success isn’t easy – “I was unemployed, in debt and six months premature to my planned launch. I launched immediately while taking up side jobs.”

“I worked 15 hour days, six days a week because I wanted to. I couldn’t wait to get up and hated to go to bed at night.”

Melissa quit her career in hospitality purchasing to form a new creative path in interior design. “Life is too short to do something you don’t love.”

“Do the work”

Create a plan of action for a blueprint to success, and be prepared to do the hard work to make your business dreams become reality.

As entrepreneur Amy Schmittauer explains, "Everyone wants the decision to be easy or great timing, but it never will be. Do the work. Prove you're going to keep doing the work when you're the only one in your corner. And then make it happen."

“When I realized at my nine to five that I wanted to work for myself, it was a year and a half before I actually left to make it happen. During that time, I was getting any and all experience I could in my field.”

Amy also reveals, “I spent vacation time and extra money on conferences, networking, and working for anyone who would let me help.”

Be your authentic self

Danae Ringelmann, co-founder of Indiegogo, grew up noticing that her parents struggled to get small business loans. Then while she was helping to set up crowdfunding website, Indiegogo, she was ironically rejected 90 times by venture capitalists before raising her first dollar.

Danae has three tips for fellow entrepreneurs to stay focused when they face challenges:

  • Whatever you're planning to do, ask yourself why.
  • Expect resistance.
  • Don't wait for perfect.

As Danae says, "Don’t be afraid to be you and own it. That’s why people follow you." Try to be your authentic self when giving feedback and sharing your opinions.

“All you need is an idea and serious drive”

It’s essential not to let inexperience stop you from following through with your small business plan.

Owner of freezable lunchbox maker PACKiT, Melissa Kieling, has some useful advice for turning your entrepreneurial idea into a business:

  • “Admitting you don’t know something and asking for help is a strength, not a weakness.”
  • “Understand your cash flow – you really have to know your general expenses and your cost of goods.”

Melissa sums up the idea of starting a business by saying, “Look for inspiration everywhere. All it takes is an idea and an Internet connection to create a product that changes the world.”

Aim to be values based

Some of the most successful women business owners know their own values and act upon them. As Francine Manilow (founder and CEO of Manilow Suites) reveals, “Values are your core – everything else around you may be in flux and changing, but your values remain rock solid.”

Francine adds some positive advice for budding businesswomen by saying, “If you’re a true blue entrepreneur, nothing stops you. You just press on with vigor and optimism. Ever so slowly doors begin to open.”

Next steps

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