Successful CEO Females Share Their Advice on Making It as Entrepreneurs
It can be pretty intimidating for women to make it in a field that is dominated by men. The field of business is no different. As a matter of fact, plenty of women struggle in the field of business to the point that they are unable to cope with the surmounting pressure of taxes, orders, and the balance of family life.
However, these three particular women have overcome such barriers to be the CEOs and chairwomen of the most successful companies around. We’re talking about CEO Anne Zornosa, of Ruby Ribbon, Fran Maier who owns a baby gear rental website BabyQuip, and last but not least, Lynn Perkins, who is the co-founder and CEO of Urban Sitter.
That being said, here is the advice they give to women planning to go the entrepreneurial and how they can successfully penetrate the market with their innovative ideas.
It’s common for most women to play the soft, weak side when they are confronted in a situation regarding a lot of grit, confidence, and firmness. That being said, in the business spectrum, most men are aware of this when conducting business with them. Hence, they will usually try to use these underhand tactics to scare these women into deals that do not favor them.
However, CEO of Hostfully, Margot Schmorak advises against this principle. She believes that women should be firm in their entrepreneurial decisions and should not apologize for any decisions that they make.
Additionally, as the boss of her business, a woman should not apologize for their personal life and should be the head and shoulders of the company.
Avoid Attempting to Over-Explain Yourself in Every Situation
Another major issue that these established CEOs see young female entrepreneurs facing is their need to over-explain every little situation that they are in. As a matter of fact, Maier comments on the situation, citing that she has seen quite a number of women writing much longer emails to justify their business decisions. On the contrary, men tend to write much shorter emails, hitting the nail on the head, and thus, avoiding the need of over-explaining themselves.
Always Acknowledge the Generosity of Your Top Investor
The most common puzzle that most young female entrepreneurs face is knowing what they can do in order to get an investor.
Little do they realize that the most important investor is themselves!
That being said, one should take the time to reward herself after every successful endeavor that the company will make. Let’s face it; the person most likely to spend a number of sleepless nights working tirelessly on company projects is you.
Don’t Be Tight with Your Money
You’ve probably heard this saying before, but it takes money to make money. Hence, if you want to succeed in your company, you should take the time to invest in products, features, and skills that will improve the structure of your business. That includes paying for good quality services, purchasing products, and always undertaking quality assurance.
Additionally, one should take the time to invest in marketing her business. This includes using social media platforms such as Facebook and Twitter to spread the word.
Don’t Be Fixed on Trying to Be Perfect
CEO Perkins of UrbanSitter advises that an individual should not try to be perfect. Rather, he should aim for excellence.
For example getting feedback from people is essential in helping you make the right decisions with your platform. Instead of always getting feedback from one place, an individual should strive to get feedback from multiple sources to have a better chance of receiving credible information regarding the structure and flow of their business.
Don’t Be Intimidated by Certain Situations
So you’re standing in a room full of investors and wondering what you can say next to have them convinced regarding your product or service. If by chance you are in such a situation, the smartest thing is to take a deep break and relax.
Relaxation is key in successful delivery when it comes to pitching your product. Additionally, the more poised you are, the more successful your idea will sound to the investors. Thereby increasing the chances of your product or service receiving all the funding it needs to be launched.
More in Career Counseling
John Legend and Chrissy Teigen’s Secret to Long-lasting Relationship Proves They’ll be Together Forever
Most social media netizens admire the iconic Hollywood couple, Chrissy Teigen and John Legend not only for their notable achievements as entertainers...August 21, 2019
Miley Cyrus and Liam Hemsworth Could Divorce, Here’s How Much Money Is on the Line
Eight months – it might sound like a short period to most people but that’s how long Miley Cyrus and Liam...August 20, 2019
Michelle Obama’s Spiritual Journey Towards Finding Her Identity Shows She is Just Like Us
Barack Obama’s wife Michelle Obama etched her name among the greats even before her husband became the 44th president of the...August 20, 2019
Margot Robbie, Jennifer Lopez and More Stars Who Believe Breakfast Is Overrated
For some people, mornings are not complete without breakfast, which is often touted as the most important meal of the day –...August 19, 2019
Slow vs. Fast Weight Loss: Which One’s More Sustainable? Here’s What Jillian Michaels Has to Say
Slow and steady wins the race; this is what you’ll often hear from the wise when it comes to achieving anything, whether it’s...August 19, 2019
Kristen Bell Says Every Couple Must Do THIS to Have a Lasting Relationship
Kristen Bell’s popular role in Veronica Mars may have ended more than a decade ago, but her career has only just...August 19, 2019
Meghan Markle Wants to Raise Her Son Vegan, but Experts Say It Might be a Bad Idea
Ever since Baby Sussex was born earlier this month, media, royal fans and the internet can’t help but gush over how adorable little Archie is....August 19, 2019
Study Reveals Drinking Hot Coffee is Actually Good for Your Health
There’s no doubt that coffee has become an important part of our life. It became everyone’s favorite beverage to drink for...August 19, 2019
Meghan Markle and Prince Harry Have Chosen a VERY Special Place As Their New Home
As Prince Harry and Duchess Meghan Markle wait for the arrival of their royal baby in a couple of weeks, sources...August 19, 2019