Who Can Run the World? (Girls)
In 2020 it was reported that around 27% of all small businesses or franchises were run by women.
Whilst this figure could certainly be higher it is certainly a step in the right direction. On average, there has been a 4% increase in women-owned businesses year on year in the US.
3,100 women small business owners and franchisees were interviewed by Guidant Financial and the SBTA (Small Business Trends Alliance).
Around 31% of women interviewed wanted to start up their own business to be their own boss and another 26% wanted to pursue their passion.
There are a variety of reasons you may want to start up your own business. Perhaps you want to get out of corporate or create a business based on a creative talent you possess. Or you might be looking for the flexibility of working from home so that you can homeschool your children or simply be more available to your children throughout the day.
Whatever your reason may be, if this is something you believe you can do, then now is the perfect opportunity to do so. 2020 has been a tumultuous year and has enabled most of us to really reflect on our lives.
Perhaps you’ve thought about whether you are in the best career for you or whether it’s time for a change?
Or maybe you have been working through your wish list of what you would like to achieve this year?
Whatever is going through your mind, this may just be the ideal opportunity to make changes and follow your dreams.
Women At the Peak of their Profession
Fortune Magazine has been compiling surveys since 1998 to keep track of how women are dominating the business world in their perspective fields. They rank each business on size and global importance and how well it is progressing financially. They rank the owners on their career trajectory and their cultural and social influence.
This demonstrates how you can strive to be successful in any field, it really does not matter, as long as you have a vision, are ambitious and willing to work tirelessly.
You never know what direction your business enterprise may take.
And if your first business venture doesn’t quite work out as planned, do not give up, instead, take the opportunity to explore a different avenue. Something which has certainly worked out for Belinda Stronach, who has a long, varied business and political career.
This is one of the strengths of women entrepreneurs – the ability to re-invent themselves and throw themselves into new ventures with as much passion and enthusiasm as ever.
So, what does it take to succeed as a businesswoman?
Well, firstly you need an idea for a business, something you are passionate about and will enjoy committing to.
If it is something unique on the market, like a particular craft that does not already exist, that already puts you at an advantage, especially if you have done thorough research into other competitors.
To carry it through, you need courage, determination, self-belief and grit. You’ll also need plenty of support.
Businesswoman Sara Mohammadi, who founded EventBox, advises that you need to eliminate gender from the equation when you are first starting up your business as it hinders your focus and achievements, particularly if you think you can’t compete in a male-dominated sector.
Sara stresses that bravery is an essential trait of successful women entrepreneurs. Reach out to people on LinkedIn, find mentors, ask for internships, do whatever it takes to get yourself out there.
Continue progressing, put your head down and work hard, and you never know, you could find yourself being nominated for a Stevie Award for your contribution to the business world.
The world is truly your oyster. Now get started on that wish list.
Are you a successful businesswoman in a male-dominated sector?
We would love to hear from you.
Share your story in the comments below.
Image Credit: Pexels
Featured Image Credit: Pexels
