(Image source from: Chronicle)
Even though women are making sluggish gains in the commercial world, according to a recent survey from Pew, only 10 percent or so of the top executive jobs at American companies are held by women. For several years, it was supposed that this was factual since women just were not right for the work done by executives. More recent research, though, has shown that companies led by women intensely outperform those led by men.
Here are some tips to know how women could raise their chances of success in the world of business:
Find your passion
Being a woman executive is tough, thus making certain that you unconditionally love what you are doing is going to help you prosper. Each entrepreneur gets to the point when they would rather lock themselves into a very minor closet than look at their product, business plan, or social media account one more time, but the more you love what you are doing, the longer it will take for you to get there, and the sooner you recover.
You're going to be spending more than 40 hours a week of your life, possibly for a very long time, to get your product or company the visibility it deserves. Make sure you are going to enjoy the process and the reward.
Find a mentor
Mentors are a boundless tool for all businesspersons, but for women, they are unquestionably vital. Multiply marginalized women in specific will benefit from having the guidance and feedback of someone who has pretty literally done what they are trying to do and faced the challenges they face. Women may need to look beyond afield than men to find a solid mentor; they may need to connect with women through the internet and social media, creating groups and networks that can expand past the boundaries of a particular city or community.
This can aid women pool and share their knowledge, working together to create a sturdier foundation to rise together.
Find your funding
Women historically struggle to access traditional funding through banks. Some loan programs are directly working to change that by offering loans specifically to marginalized women, but those programs can be highly competitive. If you are trying to get your first business off the ground, you still may not be able to access those funds.
Crowd-funding, however, is one method of raising business capital where women tend to excel. If you are going to try and crowdfund your business, make sure and do your research: find the right platform, know how to build a social media following, and get the word out.
It is significant to be professional in the workplace. Women should comprehend decent decision-making practices and be clear on how to have good, assertive conversations. They should also understand that what is considered assertive for a male coworker may be considered aggressive for them. But instead of softening their own presentation to try and compensate, they should speak up when other women are being treated unfairly, working to change the culture of the corporation.
Support other women
It leads to the biggest and most important point of how women can get ahead in the business world: by supporting other women in the business world. This means standing up when women are mistreated, believing other women who speak out about discrimination and harassment, and going public with stories of unfair treatment.
By Sowmya Sangam