10 Winning Habits To Be A Successful Woman Entrepreneur

Entrepreneurship – the word may sound easy but it isn’t for anyone! It can turn out to be very challenging especially if you are a woman balancing both business and family.

It is no doubt that women-owned enterprises are on the rise and women entrepreneurs are doing remarkable things. If you too have decided to start something of your own, give yourself a pat on the back! What lies ahead for you is a mind boggling journey which won’t be simple but will be incredibly rewarding.

All these years of my entrepreneurship, I have realized a fact that women entrepreneurs are not only aggressive and focused, but they tend to set themselves high standards in business. Irrespective of the level their business is currently at, they are confident and determined. They have actually learned to focus on their skills and maximize the opportunities to become powerful business leaders and successful entrepreneurs. With multi-tasking skills, women have used these skills while handling the diverse roles & responsibilities of being an entrepreneur, a wife, a mother or a daughter.

However, they still need to overcome many challenges in their path to entrepreneurial success like – struggles of work-life balance, fear of taking risks, high expectations they set for themselves and the list goes on!

Infact, I always thought hard work and quick thinking were the keys which got me success. At the same time I’ve been watching other successful women entrepreneurs too and have come to realize that it also has something to do with “successful” habits.

So if you are a woman entrepreneur and you would like to know how you can build an empire out of your business then read on as I reveal some no-nonsense tips to make your path towards entrepreneurship a successful one. Yes, the top 10 winning habits that you should be equipped with.

1. Stay on your game. Patience is the key.

When one begins to establish their business, one tends to be bubbling with enthusiasm. At this time stressing on the importance of the virtue of patience is a must. Generally, the beginning is always slow but then everything takes time. There is no reason to rush things up or give up in the middle. Leadership, patience and listening skills are a key to becoming a successful entrepreneur. Trust me, with the right amount of patience and perseverance, in no time you’ll be able to bridge the gap between your experience and your expectations.

2. Cherish small successes

There is no magic pill that naturally launches you as a successful business entrepreneur. But the fact is, great success in business grows from just one, tiny seed. For many, it takes years and years of learning.  Most women entrepreneurs grow up little by little and they cherish what they come across throughout the journey. Even the smallest of learnings and successes need to be cherished & celebrated.

3. Don’t let anyone let you down

It’s always the people around you who are ready with their expert advice. But you have to remember one thing that you should never sell yourself short, no matter how short you may actually be. Well, jokes aside, but on this entrepreneurial path, you really do need to be aware of your own worth and avoid allowing people to put you down in any sense. If you allow others to put you down and demoralize your views, then be prepared that they will. Hence, you need to make it very clear to everyone that you know what you are capable of, how valid your opinions are and that you are not here to play, but do business instead.

4. Accept your detours

Being a woman brings in a lot of responsibilities and work. You have to get married, have children, go on a maternity leave, look after the family, take leaves for home emergencies and always be available for family. So you come across a lot of detours in life where you have to take a pause before you get back. Accepting these diversions the way they are, managing and balancing it with your work as an entrepreneur is something quite challenging. So, wait, take a pause and then step ahead!

5. Learn to say no

It is usually seen that successful people are those who say ‘NO’ more often. Being inconsiderate can never help you achieve your goals especially when you have a team to work with and you have to keep your customers happy.  This also does not mean that you have to say yes all the time.  The trick here is to clearly identify what is possible and will give you significant returns or goodwill and what will not.  You can be picky, be wise and learn to say no when it is not feasible or the returns are just going to result in a lot of anxiety and stress. Preferably, always focus on quality rather than quantity!

6. Balance the family mindfully

Women entrepreneurs may find work-life balance a bigger challenge than their male counterparts purely because they traditionally have been taking on more responsibilities related to the home and raising children than men. This is where time management, correct use of technology, building a strong team that helps you delegate tasks for a few hours or a day simultaneously helping you pay attention to some task in the family plays a huge role. So, it isn’t difficult, infact being a business woman can give you more time with your family – but only with mindful and careful planning!

7. Learn cash flow management instead of leaving it to others in the family

Let’s talk business! When you first start a business, it is always advised to hire an accountant to work with you. With this you should understand the fact that having some basic knowledge about account related matters and learning about taxes etc. is very crucial. This is to ensure that such accounting matters do not become a problem for you later and you have to depend on others for your business financial decisions.

8. Use technology to your advantage

Technology has its own pros and cons. Embracing technology can empower an entrepreneur to be better organized, smarter and more efficient. At the same time, if misused, it can be disruptive too. Utilizing technology aptly in cultivating both personal productivity and business productivity will help all you women entrepreneurs in a great way. It will in all ways help maximize the potential of your business with effective communication, business analytics at your finger tip, and most importantly enable you to stay connected to your team virtually from anywhere.

9. Use the social power and the power of collaboration to grow

Women have been known as social butterflies. They love to network, mingle & chat. Use this innate quality & ability in a structured format. Where you utilize every interaction, every event & every conversation to learn, grow & empower people about your business.

10. Set powerful goal and vision with less distractions

As an entrepreneur it is very important to stay focused on one business concept that you are passionate about and have a clear vision to share with anyone and everyone – you can’t deviate! You might have to face several day-to-day issues, distractions and urgent matters to take your focus away from your work & business goals. A single-minded focus on your mission and putting all your efforts and energy in achieving it will ensure a complete business success. So, set goals, know where you want to be and work towards it!

Estee Lauder says “I have never worked a day in my life without selling. If I believe in something, I sell it and I sell it hard.”

Now that’s a habit you should keep in mind and follow!

In conclusion, I want make it clear that building a profitable business is not an overnight venture; it’s an extensive process that needs commitment. If you can persist and conquer the challenges as they arise, you will hit the pot of gold. So, all you aspiring woman entrepreneurs looking for your wings to spread wider, just focus on these golden words to learn and grow! Lastly, don’t forget confidence, patience and presence of mind.