26 C
Lagos
Monday, April 6, 2020
Advertisements

Secrets Of Successful Women Entrepreneurs

Featured Posts

How to Use Your Smartphone to Remote Control Spotify on Your Smart Home Device

In case you don’t know about Spotify,  it is a digital music service that gives you access to millions of songs. With Spotify, your...

Hive Work App Pays You to Do Simple Tasks for AI Systems

In some cases, games and apps don’t give you real money for playing a few sessions or contributing contents to their platform, but Hive...

Nashbar Trekking Bike Review

Quite frankly, the Nashbar Trekking Bike easily lives up to its glowing reputation. The value proposition that this bike offers sets it in a...

Meet The Most Powerful Honda Civic Yet; The 2018 Honda Civic Type R

Everyone knows the Honda civic but not everyone know the Honda civic type r. Since 1997 that the Japanese automaker released the Type R,...

Best Educational TV Shows Of 2019

The TV has drawn mixed reactions over time because either way, it is never fulfilling for everyone. The TV addresses lots of diverse audiences...
Joy Ebarefeye
Joy is a creative writer who loves to decode boring information and transform them into the simplest, but innovative ideas for positive impact. She provides practical tips on how to solve life's challenges. Joy is also a full-stack developer who designs and develops beautiful and responsive websites.

Over the years, women’s roles in the society are changing substantially. From movies, sports business or any other field you can think of. Women entrepreneurs have played and are still playing a significant role in how things have to progress today.

Advertisements

However, there are several numbers of myths attached to how women entrepreneurs operate a business and the reason why they are good at what they do.

According to Successstory, the MBA class of the Wharton School in the U.S. serves as one of the best examples available. The MBA class had almost 50 percent women, and after the completion of the course, more than eight percent (8%) of them became entrepreneurs setting up their own businesses.

If you are wondering why the emergence of more successful women entrepreneurs transforming the business world, this article will show you some of the secrets these women used to get to the level they are today. Here are some of the secrets of successful women entrepreneurs

They Focus On Work-Life Balance

Successful women entrepreneurs understand the benefit of life’s balance; they know how to balance between balanced family life and a career life like no other. It makes them more making them more aware of the needs of their employees and co-workers.

These women understand that along with commitment towards the company, an employee’s performance can be improved by giving a balanced life outside the office. A happy employee and co-worker provide better productivity and profits to an organization.

They take Calculative Risks

Although there is, a stereotype attached to women entrepreneurs, as they are not bold enough or they lack the courage to take a risk. Contrary to what the majority thinks, women entrepreneurs are able to take calculated risks when it comes to their businesses.

A recent study proves that women entrepreneurs take risks only after weighing the dangers, as well as benefits before making any decision that will affect their business.  According to Alyse Nelson, in the book titled Vital Voices, there are some reasons that make women smarter than men regarding taking risks.

Women intend to make transformative risk by taking decisions to improve the lives of others, and not only theirs. They make decisions under the radar analyzing the impact of their decision

Women’s Intuitive power

According to a research conducted by the British Journal of Psychology, women entrepreneurs are more intuitive, the study proves further, that a woman’s brain takes decisions based on external cues, and experiences as compared to logic.

Advertisements

The success and failure of every business organization banks on a strong intuition- a strong intuition plays a crucial role in any organization. This makes women entrepreneurs offer right direction to the business organization. No wonder ‘woman’s intuition’ is a synonym for a good reason.

They are obsessed with Relationships

It may sound like a joke to you, but women entrepreneurs are obsessed with maintaining cordial relationships.  According to a study done by the Wharton School, one of the targeted goals of women entrepreneurs is to build a relationship with their employees, developers, co-workers, or anyone they work with.

Women prefer building long-term relationships than short or transactional ones; successful women entrepreneurs take their employees as a team and not just people who work with or for them. This characteristic enables them to improve the efficiency of their employees.

Women have Better Networking skills

If you study the lives of every successful businesswoman, you will notice how strong their networking skills are, even though they are balanced in nature or are born “soft-hearted.” Women entrepreneurs connect better and faster with different kinds of people.

When it comes to a family affair, women deal with different kinds of people with different temperaments, it enables them to handle or flow with several types of customers.

Stronger networking equals better connections, and availability of more resources and opportunities, making it smoother and more comfortable to run a business. As a business owner, if you notice a woman who handles her family affair with great wisdom and passion under your payroll, then watch it. She may just be the asset you need for your business to grow beyond what it is today.

Furthermore, as an upcoming business owner, it is better to have a successful female entrepreneur as one of your business mentors. You will learn things that will skyrocket your business to the next level.

Advertisements

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Trending Now.

Startimes Subscription Prices, Packages and Channels List in 2020

StarTimes Nigeria is one of the popular cable TV providers in Nigeria. This service is a subsidiary of a Chinese based company called Startimes...

GB WhatsApp, WhatsApp Plus and OG WhatsApp Tips and Tricks

Checkout the new GB WhatsApp Tutorial.Hello, welcome to WhatsApp Plus, OG WhatsApp and GB WhatsApp tips and tricks. For the sake of this article,...

Best Low Size PC Action Games For Your Old PC/Laptop With Low Specs

Gaming time is one our favorite time and nothing beats the ability to play high-quality games on our PCs but like some of our...

Netflix Download Limit: What Is It and How You Can Get Around It?

Netflix introduced its 'download feature' for offline viewing back in 2016, allowing its users to download content and enjoy it offline while they are...

6 Different Types of Car Engines

An engine is the soul and heart of your car simply because it’s the most important part of a vehicle. It acts as the...

DStv Channels List, Packages and Prices in 2020

Thousands of people in Nigeria have put their trust in DStv to provide them with the very best of television shows and programs.DStv (Digital...

Screen to Body Ratio: 22 Smartphones With the Highest Screen to Body Ratio in 2020

Screen to body ratio on a smartphone screen recently turned into an important thing to consider when comparing smartphones.  It became more important after...

5 Best Blood Pressure Apps for Android

Blood pressure is the pressure the blood applies that on the walls of the vessels they use in travelling. There are two conditions relating...

How to Fix Home Key, Recent Key and Notification Bar Not Working?

There is a bug in the Android OS that dates back as far as the Lollipop Version and it is one of the most...

10 Best Places to Download Bollywood Movies

Do you spend hours watching Bollywood movies as I do? Have you been in search of the perfect sites to download the best Hindi...

WhatsApp Plus, GB WhatsApp and OG WhatsApp Tips and Trick for 2020

Official Plus, the makers of WhatsApp Plus, GB WhatsApp (not the one by GB Mods that was shut down) and OG WhatsApp released a...

How to Download Tiktok Video Without Watermark on iOS & Android

It’s no longer news that the younger generation is into social media with the likes of Facebook, Twitter, Instagram, Vine, etc.But with the exit...

Best Infinix Phones to Buy in 2020

Infinix Mobility is a well-known brand in Nigeria and a household name along with Tecno and Itel mobile are they mainly produce devices targeting...

All iTel Smartphones Firmware/ OS Updates (Free Download)

Good day and welcome. I used to think Itel doesn't make patches or updates for their devices as the update page in settings always...

MyGOtv App – Manage Your GOtv Account & Subscription Easily

Multichoice Nigeria, the owners of DStv and GOtv has recently launched a new mobile application called MyGOtv, for its popular digital platform, GOtv.According to...