As a Female Entrepreneur, you need consistency, determination and refusal to give up to take your business to the next level. You are not alone.
A successful leader inspires, inspires, guides, and guides others toward higher goals. Let’s be honest: If you’re a woman in our male-dominated business world, you’re going to have to do more.
According to a study by Calpers, successful female leaders share traits that all good leaders have in common—confidence, a sense of action, risk-taking and problem-solving. However, they must also acquire other qualities to be successful and overcome the many obstacles they face at home and in the workplace. Over the years, women have advanced through the ranks of the professional world, making up more than half of the U.S. workforce. Still, women are still far less represented in leadership roles across sectors than men.
The gender gap in leadership remains high. One reason, experts say, is unconscious bias that causes people to respond differently to male and female leaders — men’s ambitions, for example, are often praised. Additionally, women are expected to be more compassionate, more ethical, and better at compromise than men.
Here are some useful qualities I’ve found in my journey as a company founder and entrepreneur.
Integrity—following ethical or moral principles and keeping promises—is the foundation of effective leadership. Plus, it builds valuable trust with people, from the employees you lead, to the investors and partners you bring, to the clients you serve.
People want to follow an ethical leader who acts with integrity because they can ensure that they will be treated fairly and that their leader will do what is best for the organization. Additionally, ethical behavior, honesty and respect starting at the top are critical to creating a company culture based on these values.
- Humility and a willingness to learn
Starting a business is a lifelong process, and savvy women entrepreneurs understand that. The business world is changing so fast that you can be innovative today and obsolete tomorrow. Successful women entrepreneurs are constantly learning and learning in order to quickly adapt to changing trends. They humble themselves and learn when opportunities arise.
- Resilience and persistence
Regardless of your gender, starting a business can be challenging and fraught with uncertainty. The challenges are compounded as women take on increasing responsibilities, and as having children is often accompanied by slower career momentum. However, because of their resilience and perseverance, millions of women have started businesses. In business, nothing good comes easy. To be successful, you have to work hard and stick to what you want. Perseverance is a must for growth as a Female Entrepreneur.
Women have strong instincts. In addition to using facts and data to guide their decisions, strong female leaders can also use their intuition to guide. Intuition is often what guides them through the ups and downs of the business.
Women are also good at reading their teams and spotting potential trouble spots. Using this skill, they can build a loyal team of employees who feel valued and understood.
Taking action is essential, but a deep understanding should give you an understanding of your customers, industry and market. Female leaders are curious and open to new ideas.
Good adaptability allows us to see upcoming changes in the business, which is especially important in this era of rapid technology-driven change.
- Communication skills
Communication and leadership go hand in hand. Women aren’t just good at talking—they’re often good at listening too. Communication goes beyond talking. Women are born with the ability to perceive body language and feelings. Women have a deep understanding of what drives people and they are an excellent motivator for teams.
Women’s social condition is more empathetic. We naturally act as caregivers and peacekeepers. Compared to their predecessors, future generations place greater emphasis on spending time with family and mental health, and they seek employers who understand their unique circumstances. Employers can develop loyal employees through connection on an emotional level.
- Strong support system
Successful women often support their female entrepreneur, support women in the workplace and help others move up the corporate ladder. Women are less likely to be “lone wolves” or “group leaders” and naturally help others.
As women, we must support each other and strive for recognition and support in our local communities, online and in our industries by influencing decision-making and systemic change.
Don’t be afraid to pursue a career as a female entrepreneur. Will it be challenging? It sure will. Do you sometimes lose confidence? Sure, but that’s why you should move on. You need consistency, determination and a refusal to give up to take your business to the next level. You are not alone.