A Guide for Aspiring Women Entrepreneurs

With more and more women joining the Entrepreneurship status quo, here are some tips that could help you if you are an aspiring woman entrepreneur.

According to the Global Entrepreneurship Monitor, there has been a 6 per cent increase in the ratio of female to male entrepreneurs which indicates that more and more women are now willing to venture into the entrepreneurship landscape, breaking the stereotype that only men can handle business. Here are a few tips that would help womenpreneurs when they join the business paradigm:

  • Believe in Yourself

To achieve success, never lose faith in yourself and what you can offer. Do not compare yourself to your male competitors and hold them at a pedestal. Learn and unlearn from people around you, however, avoid second-guessing your decisions and choices. You know what is best for your business. Have faith in your skills and capabilities. You are no less than the others. There are no limits and no failures, you only learn from each step until you reach your end goal. Trust your instincts and take the plunge. 

  • Take others along with you

When you reach the top, you should remember the challenges you have gone through to get there. Being the leader, it is your responsibility to help others reach your level and give them the necessary push to succeed. You become the role model and leader for those around you, men or women. When you move to the top, make sure you take others along with you, because that is what a true leader does. Make your business space such that it enables people to grow irrespective of their gender or sex. Focus on their strengths and motivate those around you to aim higher and bigger. 

  • Experiment and explore

Womenpreneurs should never be afraid to try something new or different when it comes to their ventures. Go beyond the traditional methods and means, explore a variety of options. Combine your areas of expertise along with your entrepreneurial skills and create something that can change the business paradigm and leave an impact on your audience.

  • Take risks

Be brave to break boundaries and take risks. You might fail but you might also succeed. Do not hold yourself back, if you are passionate and sure about your venture, give it your all. You can make smart, calculated risks instead of making rash, extreme decisions. 

  • Don’t be afraid to ask for help

Often entrepreneurs cannot make it completely on their own. Do not be afraid to ask for help. If you need help with technological or financial aspects, ask people and experts. Delegate work, do not do everything on your own. Amalgamate the work of all those working with or under you. Ask for ideas and inputs and have an open mind towards innovation and development.

Of course, womenpreneurs face different challenges when it comes to entrepreneurial landscape and have to tackle it their way. The business world was traditionally patriarchal; specifically designed to accommodate men. It naturally becomes difficult for women to fit in, but then again, why fit in when you can stand out?

Smruthi Krishnan
Smruthi Krishnan
Smruthi interviews and writes on inspiring entrepreneurs and the success stories of start-ups. She is currently pursuing Economics major from Delhi University.

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