In case that you have a great business idea that you are passionate about, and you wish to embark the world of entrepreneurship, you may feel hesitant about it if you are a woman. However, that does not matter because we live in a politically correct world where everyone could be anything.
Therefore, it is important to follow specific steps that will help you start a business with ease. Of course, the first thing you should do is to search around the internet, and you will find that women face numerous challenges as entrepreneurs.
Every single beginning of business (démarrage d’entreprise), faces challenges and that is a fact, and that does not matter if you are a man or a woman.
The problems will exist, but the idea is to focus on obstacles and to understand advantages that will help you with the transition towards the entrepreneur role.
We decided to present your benefits of being a female entrepreneur:
- Stats Are On Your Side
This is the best time possible for women to start their businesses and that is a fact you should remember. According to most studies, the number of women-owned business grew from 400 thousand in 1972 to 12.3 million in the previous year.
You should consider this growth as even more compelling and striking when you compare it with overall growth rate of companies that embarked. For instance, the number of business overall had one percent of annual growth between 2007 and 2018.
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However, women-owned businesses experienced 4.2 percent annual growth during the same period. The revenue and employment stats are also impressive and will boost your wish to embark into unknown lands.Have in mind that women-owned businesses employ approximately ten million people across the globe, and generate revenue up to $1.8 trillion on an annual basis.
At the same time women of color have also entered the world of business, and according to 2018 stats, more than 6 million firms start by women of color, and they employ 2 million people across the globe.
In overall, you should know that statistics are here to give you understanding that more and more women nowadays are deciding to start their businesses and you should do it too.
Therefore, if you wish to start a business (démarrer une entreprise), you should check the link we shared with you.
- Female Entrepreneur Focus More On Collaboration
If you wish to become a successful entrepreneur, you have to consider a few factors that will help you along the way. For instance, most companies tend to engage with others and collaboration is one of the most critical factors that will help you drive towards success.
The great news for women is that they mostly tend to collaborate instead of thinking about competition. The fact is that women are more relationship-oriented, which is a great thing when it comes to collaboration.
Research has found that women prefer collaboration much more than men, who tend to distrust colleagues and other competitors. The idea of female collaboration starts at a very young age, and girls are working better when they are together than boys, and that is a fact.
In today’s world, competitive strategies are not the only road to success. Therefore, your ability to work well with others is also a valuable asset for the modern business environment.
Starting the business (démarrage d’entreprise Québec) can be overwhelming, which is why you need role model that will boost your motivation when it falls down.
- Women Tend To Have More Role Models and Mentors Than Before
One of the most significant advantages of having a mentor in the world of business is to help you stay motivated all the time. However, this particular idea was not popular back in the day and fewer women then man participate in mentorship.
Since women-owned business grew in the last few decades, that brought them the ability to have more and more opportunities to meet other women that are experienced in the specific industry. Therefore, beneficial mentoring relationship will help you face the challenges that will happen.
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On the other hand, when you enter the world of entrepreneurship, you will be able to learn through the experience when to invest and when to get out. That way, you will have the opportunity to become better and finally to be a role model yourself.
As successful women in the world of business, you will become a motivation and inspiration to the next generation of female entrepreneurs.