Advantages of Women Entrepreneurs
Advantages of Women Entrepreneurs
Something that women have developed much more than men is their intuition muscle, probably the most important skill for a lot of successful entrepreneurs and business investors as well. Following your gut instinct means ignoring all the naysayers, all those who do not believe in you and prevent you from moving ahead.
It is possible that waiting for perfect timing for your own business startup would sometimes mean not starting it at all and this is a consequence of not listening to your inner voice. Women have developed some traits that surely make them an important asset in any company, as well as great business partners. Five of these traits will be emphasized below.
1.Emotional Intelligence
Whereas men have the tendency to think in a systemizing manner, women are more apt to developing emotional intelligence, thus empathizing more, building strong interpersonal skills that are vital for networking and strategically using their social networks in order to build support for their ideas.
2.Multitask Orientation
Women have the ability of juggling many tasks at the same time, such as talking on the phone, reading their email, scheduling what else needs to be finished for the rest of the day, producing excellent results. Many successful women entrepreneurs are able to balance family life and career. Men are known to have more trouble with multitasking, tending to focus on one or two things, thus wasting opportunities.
3.Self-Branding Attitude
Women seem to be natural marketers, extremely passionate and enthusiastic about their choices, talking about them and sharing their thoughts. They naturally emphasize the benefits of their services to their potential clients and are aware of how to highlight the positive features.
4.Patience
An extremely important attribute for business people is constant patience. Visionary entrepreneurs giving up on their dreams after only some months, as a consequence of becoming impatient with the process only proves that vision is not enough. The ability to wait and see is a key attribute in order to receive positive outcomes and women have it naturally.
5.Motivation
Most of the women who start a business have a great passion for their work and a philanthropic commitment to society. If they they have the drive to pursue entrepreneurship, it means they are not afraid of taking risks and will also make monetary gain a less likely factor in their business pursuits.They possess the inner strength to continue and search all possible means to share their business ideas with others.
The increasing number of women entrepreneurs can promote economic and social equity, facilitate self-fulfillment for individuals, improve the use of valuable human capital. Feminine traits and talents can be seen as sources of power with great advantages for entrepreneurship. In the near future women may be closing the venture capital gender gap.
Guy Kawasaki, Silicon Valley celebrity and co-founder of Garage Technology Ventures, explains how to present to VCs to increase your chances of acquiring early stage capital. Part 1 of a 3-part presentation at StartWorks, June 2008. Film by Expert In A Box. (c)2008 John Montgomery
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