Success Advice

7 Reasons Why Women Make Great Entrepreneurs

Published

11 years ago

Nov 19, 2011

Joel Brown (Founder of Addicted2Success.com)

Image Credit: Unsplash

Only one in four companies in the US are run by women. Does this mean that women aren’t cut out for the suits, ties and big decisions? This subject has been debatable for a long time so we are are here to clear the scene with 7 cold hard facts as to why women make great entrepreneurs.

We can see this comment section turning into battle of the sexes as we type this, haha. Enjoy this post and dont forget to chip in your 2 cents worth.

Do Women Make Great Entrepreneurs? Read On:

1. Women possess strong communication skills and social intelligence. The digital economy requires these skills, and women enjoy a slight edge over their male counterparts (according to numerous studies). A stronger network means they will be better resourced throughout the life of the venture. By leveraging their connections, they will have to reinvent the wheel less and learn fewer lessons the hard way.

2. Female-owned companies tend to offer family & friendly benefits. These include such perks as job sharing, parental leave and telecommuting. They argue that their more worker-friendly policies boost morale and lead to less turnover, less absenteeism and higher productivity.

3. Women also make good listeners. One study found that the collective intelligence of a group rose if the group included more women. They have open minds. They’re not autocratic.”

4. Women start companies to better balance their work and family lives. Wealth is not their primary focus, so most remain smaller. But there are exceptions, like Martha Stewart (Omnimedia), Ruth Furtel (Ruth’s Chris Steakhouse), and Lillian Vernon, which make big money.

5. Women collaborate. Women have worked well together since the earliest female enterprises, whether dividing grains in the village or working in quilting bees. Even some of today’s cultural stereotypes have legs, for instance, women’s joint trips to the restroom!

6. Female owners are more likely to have positive revenues. They prefer lower risk opportunities, and are willing to settle for lower returns. Some women feel that pushing profits is “not polite.” More women entrepreneurs are single person businesses, while men tend to have more employees. Researchers have begun focusing on the relationship between testosterone and excessive risk, thus evaluating whether groups of men spur each other toward reckless decisions.

7. Females aren’t afraid to ask for help. Many men (not all) have difficulty asking for help when it comes to something like their very own business. Pride can sometimes get in the way. But most women don’t have a problem admitting that they’re not sure how to accomplish a certain task or what needs to be done next in the building-a-business game. This can sometimes provide an advantage in a well-spring of knowledge from sources that help ground their business more quickly.

If you haven’t already, make sure you checkout “The 7 Reasons Why Men Make Great Entrepreneurs“

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20 Ways You Can Become a Powerful Communicator

Published

2 weeks ago

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Joel Brown (Founder of Addicted2Success.com)

Some people seem to naturally know how to effectively communicate in a group setting. They can express themselves clearly and listen attentively without dominating the conversation.

Being a powerful communicator is important for several reasons, including building and maintaining relationships, achieving goals, resolving conflicts, improving productivity, leading and influencing others, advancing in your career, expressing yourself more confidently and authentically, and improving your mental and emotional well-being. Effective communication is an essential life skill that can benefit you in all aspects of your life.

But, don’t worry if you don’t naturally possess this skill, as effective communication is something that can be developed with practice, planning and preparation.

1. Listen actively: Practice active listening by giving your full attention to the speaker and responding to what they are saying.

2. Use “I” statements: Speak from your own perspective and avoid placing blame or making accusations.

3. Avoid assumptions: Don’t make assumptions about what the other person is thinking or feeling.

4. Be clear: Express your thoughts and feelings clearly and concisely by getting to the point and avoid using jargon or overly complex language.

5. Show empathy: Show that you understand and care about the other person’s feelings.

6. Offer valuable insights: When speaking in a group, provide a valuable takeaway or actionable item that people can walk away with.

7. Be an active listener: Listen attentively and respond accordingly, incorporating your points into the conversation.

8. Choose the right time: Pick the most opportune time to speak to ensure that you have the group’s attention and can deliver your message without interruption.

9. Be the unifying voice: Step in and unify the group’s thoughts to calm down the discussion and insert your point effectively.

10. Keep responses concise: Keep responses short and to the point to show respect for others’ time.

11. Avoid unnecessary comments: Avoid commenting on everything and only speak when you have something important to say.

12. Cut the fluff: Avoid being long-winded and get straight to the point.

13. Prepare ahead of time: Sort out your points and practice them before speaking in a group.

14. Smile and be positive: Smile and nod along as others speak, to build a positive relationship and be respected when it’s your turn to speak.

15. Take responsibility: Take responsibility for your own actions and feelings.

16. Ask questions: Ask questions to clarify any confusion or misunderstandings.

17. Avoid interrupting: Allow the other person to finish speaking without interruption.

18. Practice active listening: Repeat what the other person said to ensure you have understood correctly.

19. Use your body language too: Use nonverbal cues such as eye contact, facial expressions, and body language to convey your message and build rapport.

20. Be aware of the tone of your voice: it should be calm and assertive, not aggressive or passive.

By keeping these tips in mind, you can improve your communication skills and become a more powerful communicator, which can help you build better relationships, achieve your goals, and lead a more fulfilling life.

I you want to learn how to become more confident in life then you can join my weekly mentorship calls and 40+ online workshops at AweBliss.com so you can master your life with more success.