Women entrepreneurs are trending nowadays. Strong and courageous women aim not to stay behind the men of the society and to match with them in every field of life, even in business.
If you are amongst those women who are looking forward to the best ways to be a successful businesswoman, then you have got down to the right place. Keep reading to know all about women entrepreneurship and its secrets.
What Is the Role of Women in Business?
Business is known to be a significant way of earning your lively hood. Like men, women have also played their part in highlighting the importance of business and modernizing businesses according to the requirements of the present world. Women have changed the way of how people think of the progress of enterprises led by women.
With their consistent and unmatched efforts, women have managed to create a variety of remarkable changes in the business industry.
“Being confident and believing in your own self-worth is necessary to achieving your potential.”
― Sheryl Sandberg
Some of the changes that women have created in the business industry are mentioned as following:
- They end the workplace gender discrimination.
- They improve the overall economy of the world.
- They have better relationship building skills.
- Their level of communication is much appreciated.
Who Are the Famous Women in Business?
Due to constant efforts and uninterrupted hard work, some women have managed to get the prestige of marking their names amongst all other businesswomen. This portion exclusively contains five names for the top women in business.
The chief operating officer of Facebook
The chairman and CEO of General Motors Company
An American business executive, serving as executive chairman of IBM
4. Indra Nooyi
An Indian American business executive and former chief executive officer of PepsiCo
An American media executive, actress, talk show host, television producer, and philanthropist
How to Become a Successful Woman in Business?
1. She must be consistent
The essential element that is a must to consider while going with a business is consistency. Only those who work consistently can meet success.
2. She must believe in herself
Another thing that leads to the flourishment of business is self-belief. A woman must be strong and confident enough to believe in herself and to get this thing fixed in her mind that she can do this.
“If you think you can’t, you won’t. If you think you can, you will.”
― Linda Ward
3. She must have a strong mission
It is essential to have a strong mission to mark the name of your brand in the market. A strong purpose is the first step on the path that takes your business to the peaks of success.
4. She must prepare her mind
Women have to face extra hurdles in the way of establishing a business as compared to men. So she must prepare her mind for the troubles she will have to face in this journey, especially the social ones.
5. She must be willing to fail
Business is not all about success; a true businessman is the one who has the spirit to meet any sort of loss. So for this reason, it is recommended that women must possess this spirit actually to be successful.
6. She must be aware of the basics of starting a business
A significant thing that plays a vital part in the success of a business is knowing to start a business. For this, you must know the right investment that you must have to start the business.
7. She must develop her business skills
It is better advised to consult a professional service that teaches you about the necessary business skills. If this is not convenient to choose, you may opt to take expert advice from people around you who are already in that business.
8. She must fully understand her business
The utmost priority point to keep in mind before starting any business is to have the proper knowledge of the business. You should only start a business when you know what your business is about and what your goals should be.
9. She must know time management
The essential thing that you have to consider while doing a business is managing your time. Professionals do not let their personal or social life affect their business life. This includes majorly the appropriate time management that proves good for your business.
10. She must know how to take care of the customers
In business, customer care is as important as self-care is in normal life. Taking good care of your customers is necessary if you want your business to be known in good words among people.
11. She must take customer reviews seriously
The best way to keep your business on track is to take customer reviews seriously. The customer review corner is the scale on which you can measure the progress of your business. Good reviews further enhance your courage to do even more for establishing your business. Whereas bad reviews let you know that lacking points of your business so that you can fix those points and improve your business services.
12. She must remain stick to the process of business
You do not become a successful business person in just a few days, it takes a lot of time and constant hard work. You must get this thing fixed in your mind that you have to maintain your pace throughout the tenure of business, which means from the start of your business to the point where it becomes well established and stable.
13. She must be passionate about her business
Passion is a notable element that is needed to keep yourself inclined to your goal. Passion provides you with the constant energy that is required to put constant efforts in your business. When you are passionate about something, then it is a sure signal that you will remain stick to your aim until it is achieved.
14. She must be determined
Determination is the well-known quality of people who are serious about their work and the aims of their life. If you are determined about achieving a goal, then no hurdle can stop you from reaching your final destination.
15. She must have optimistic thoughts
When you plan to achieve a goal, make sure that you remain optimistic about it. Keeping the failure in mind is necessary, but this does not mean that you let this thought overcome your positive energy. Having positive thoughts about your work provides you with positive energy that is healthy for your business.
16. She must show customer love
What you need to understand is that all the struggles that you have put into your business go in vain if you are unable to deal politely with your customers. Customers act as the representatives of your business and decide whether to display a good image of your business or a bad one, in front of the world.
17. She must have the courage to excel in business
Courage is a significant factor that decides whether you will achieve success or meet failure. If you put enough courage and potential to achieve a goal, only then will you be able to reach your destination. Do not fear failure, and keep trying to meet your aim.
18. She must be flexible
Businesswomen are somewhat different than ordinary women. It is because the element of flexibility is quite noticeable in businesswomen. These women show flexibility in their natures, schedule, and social dealings for the betterment of their business.
“Find another solution. That’s how you move toward success.”
― Amber Hurdle
19. She must be hardworking
As we have already heard, hard work is the key to success. Hard work is the prime quality that is possessed by people who actually look forward to turning their dreams into realities. Without hard work, it is not possible for anyone to make their name in the business industry.
20. She must give time to her business
A well-established business demands a good deal of time. This time is necessary to take your business from initial stages to unimaginable heights of success.
5 Recommended Business Networking for Women
There are several platforms that offer a vast range of business opportunities for women to grow their businesses. These platforms honor their women to be known as the best women in business association.
If you dream of becoming a successful woman in business, join these groups and let your dreams come true. Below are we mentioning a list of 5 most recommended business networks for women.
As the days are passing, the world is undergoing development and modernization. This change is good because it is also causing modification in the mentality of our society. A significant part of this modification is the introduction of business clubs that provide equal business opportunities for women too. This ultimately leads to the prosperity and success of women.
How to Stay Productive While Working from Home
Whether you’ve been working from home for years or just started using your home office recently as a result of the coronavirus pandemic, it’s always a good idea to figure out ways to improve your productivity. There are plenty of benefits that come with working from home, but there are also some unique challenges that come with the territory. Below, find six simple and effective tips that will increase your productivity and improve the work-from-home experience!
Stick to a schedule
If your employer doesn’t require you to work specific hours, create your own schedule and do your best to stick to it! One of the great benefits of working from home on your own schedule is that you can choose to work during your most productive hours. Some people are night owls while others are early birds, and still others find themselves somewhere in the middle.
When you create your schedule, be sure to give yourself an hour for lunch, as well as occasional 15-minute breaks. This will keep you from getting burnt out and help you to stay focused and productive throughout the day! Setting a clear start time and end time for your workday and promising yourself that you won’t work outside that time frame is also essential because it helps you create a healthy work/life balance.
Designate a workspace
When they first begin working from home, many people think it sounds like heaven to earn a living while sitting on their comfy couch or even while they’re snuggled up in bed. But those dreams quickly fade when you realize that it’s nearly impossible to be productive from these types of locations. Instead, designate a workspace and commit to doing your work there each day. Maybe you already have a home office, or perhaps you can rearrange a corner of another room to serve as your workspace. Even spreading out your work on the dining room table is much better than working from the couch or your bed.
Once you’ve chosen a workspace, optimize it! Make sure you have a supportive yet comfortable place to sit, a large enough surface for you to to fit everything you need, and plenty of light, whether it comes from a window or a lamp. As you create the habit of working in this location every day, your brain will begin to associate that specific area with work, and getting into a productive mindset will become much easier! For more advice related to mental health, check out MyTherapist.
Get ready for the day
It might sound nice to roll out of bed and walk right over to your desk to get to work, but if you’re like most people, your brain needs more of a transition between sleeping and working. Think about the morning routine you would have if you worked in an office. You’d probably shower, put on a clean outfit, eat breakfast, and brush your teeth. If you’re particularly ambitious, you might even fit in an early-morning workout before your coffee! Then you’d commute to work. This morning routine tells your brain that you’re getting ready for the workday, and it prepares you to be productive. Therefore, it’s very important to get ready for your day, even when you’re working from home, so that you can help your brain transition from sleep to work.
Obviously, it’s not necessary to dress as nicely as you would at the office if you don’t want to, but try to avoid staying in your pajamas all day. Since we associate pajamas with sleep and laziness, you’re much more likely to be lazy and unproductive if you don’t change into an outfit that’s more suited to work. Even a t-shirt and sweats is a better choice than last night’s pajamas!
Yes, avoiding distractions is much easier said than done, but there are still plenty of actions you can take to eliminate most of them. For example, if you know that you have a tendency to scroll through news sites or social media when you get bored with your work, download a browser extension that allows you to block those websites during working hours. If possible, set your phone in a different room so that you won’t pick it up and get distracted while you’re working.
Earplugs or noise-cancelling headphones are also a great idea if you struggle to block out sounds and prefer to work in silence. It’s also wise to inform anyone you live with of your work schedule so that they know not to bother you during those specific hours. You can even hang a sign on the door that lets family members or roommates know not to come in so that they don’t break your concentration.
Set clear goals for each day
A good habit to get into is to set goals for the next day at the end of each workday. That way, you’ll have a to-do list with your top priorities ready to go at the beginning of your next shift. Rather than looking through all of your work and having to decide what to focus on, you’ll already have your tasks laid out, and all you’ll need to do is begin. Setting two or three goals as top priorities can be very helpful so that you know exactly what to focus on throughout the day.
Maintain a healthy work/life balance
When you work from home, it can be extremely difficult to separate your home life from your work life–because they take place in the same location. Designating an area as your workspace, setting clear start and end times for your workday, and informing the people you live with of your working hours are all ways to set boundaries and maintain your work/life balance. Another way to separate work and home is to try working from other locations whenever possible.
If COVID guidelines in your area allow for it, you could work from the library, a coffee shop, or even a local park–just be sure to social distance and wear a mask, of course. If you’re unable to leave the house, try working from your porch or the backyard if possible. The fresh air plus the new location should help you to be more productive, and when you go back inside, you’ll feel like you’re coming home from work, helping you to maintain a healthy work/life balance.
The Bottom Line
It can definitely be a challenge to remain productive while working from home! But if you stick to a schedule, designate a workspace, get ready for the day, avoid distractions, set clear goals, and take action to maintain a healthy work/life balance, you’re likely to find that staying productive becomes much easier!
Tips For Finding Your First Job After Law School
Many young and aspiring lawyers have different reasons for choosing a career in law. Whether it’s the desire to fight the injustice in society or the zeal to facilitate the biggest corporate deals in the industry, every new lawyer needs a platform to achieve success in the industry. However, becoming a lawyer in most parts of the world can only be achieved by firstly attending and completing law school and getting a higher degree.
Law School establishments all around the world are generally known to be quite challenging for students. A great deal of work placed on students, the frequency of scheduled tests, a variety of tasks, and the general difficulty of questions, are key factors that make law school students’ experiences highly challenging. It, therefore, makes sense for law school graduates to expect that all the hard work and time spent on finishing law school to be paid off upon graduation.
Staring Out as a Lawyer
Getting your dream job or landing your preferred law firm is a task almost as arduous as completing the law school itself. Law school graduates from across the country trying to get started their professional careers have to compete for very limited slots, which may ruin the chances of many promising young lawyers from getting the start they want.
However, getting your first job as a lawyer can be easier than it has been rumored to be. If the few tips provided in this article are followed closely and applied intelligently, you have a good chance of being selected by law firms suitable for your long-term interests in legal practice.
Keeping up with Legal Trends
It’s important for new lawyers to be up-to-date with recent trends in the legal industry. Considering the high level of competition during every recruitment season, every candidate needs a factor that stands them out in the industry. The inability of a young lawyer to identify major trends and changes in the legal industry greatly reduces his or her chances to become a selected candidate. Recruiters and potential employers always want lawyers who can successfully perform different tasks without constant supervision. Having proper knowledge of current legal trends is one of the ways to satisfy such requirements. Legal trends vary, starting from the updated procedures of the practice and ending with many tools used in performing legal tasks, including contract review software and other tech tools beneficial for lawyers.
Tailored CVS and Cover Letters
One common mistake made by most applicants is the use of generic CVs (Curriculum Vitae) when applying for their preferred law firms. Many new lawyers when applying for jobs use the same version of their CVs and cover letters for every firm they apply to. For sure, it seems to be a time-saving method. However, in most cases, it ends up being counterproductive. Different law firms have their peculiarities, and every company requires a diverse set of skills and the nature of knowledge it looks for in their preferred candidates.
When preparing your CV and cover letter for different law firms, it is important to make each CV and cover letter tailor-made for the law firm to which it will be sent. You are to emphasize the abilities and achievements that are more specific to the system of practice employed by the firm. For example, when applying to a law firm that focuses on litigation and dispute resolution, it is important to emphasize the qualities you possess that fit perfectly for a dispute resolution firm. Similarly, the cover letter should contain information about your abilities and achievements that would interest the particular firm in hiring you. In your cover letter, you should give reasons why you have selected that particular firm and why the firm should particularly consider you for the position. Avoid sending generic applications in order to truly stand out and have a good chance at landing a suitable job as a new lawyer.
Preparing for Interviews
No matter your level of knowledge and understanding of the law, it’s important to always prepare before going for an interview. While you cannot know the exact questions to be asked at the interview, preparing for the interview will give you a general scope of how to answer all potential questions. Preparing for interviews also boosts your confidence and prepares you beforehand to be spontaneous, if it’s necessary during your interview.
You can prepare for your law firm interview with your colleagues, seniors, and even your law professors who already have some experience with law firms and know which interview questions are likely to be asked.
There is barely a list that will effectively cover all the tips needed for new lawyers to land their first jobs. Besides the points made above, it’s also necessary to carefully research the law firm you are applying to, edit your CV and cover letter vehemently to avoid typographical errors, and present yourself properly at the interview. Applying all these tips collectively pretty much sums up how to get your first job as a lawyer.
How to Keep Your Business Organized in Chaotic Times
The COVID pandemic has caused major disruption for business owners all over Australia, with many companies having to rethink how their business operates completely. Small businesses all over Australia have struggled throughout the pandemic, with some finding it difficult to stay afloat. In these difficult and uncertain times, it’s more important than ever that you keep your business organised and manage your finances properly.
Just because the pandemic has impacted your business, you will still need to communicate with your customers, manage your team, process payroll, meet your tax reporting obligations to the ATO, and ensure that your business has enough cash flow available to cover your operational costs day-to-day. As a small business owner, this can be a lot to manage. However, with the right tools in place, you can ensure that your business stays on track through the pandemic.
Let’s take a look at some helpful tips to help you to keep your business afloat throughout the Coronavirus crisis.
Make Cash Flow A Priority
Managing your cash flow is essential in keeping your business organised and being able to serve your customers. During the pandemic, you need to make sure that you focus on having enough cash flow available for the day-to-day operations of your business. While the focus for most business owners is a long-term sustainable success, during these challenging times, you need to focus on survival.
Try cutting down your expenses by moving some of your operations online or using business software to automate particular tasks. For example, accounting software can help you to manage your finances more efficiently, your team could benefit from rostering software, or you could automate some of your marketing tasks using various online social media management platforms. Reducing unnecessary expenses will help you to manage your cash flow more effectively through the pandemic.
Consider Your Expenses
To manage your finances effectively, you need to know exactly what your current financial situation is. Taking some time to evaluate your expenses can help you to reduce your costs and save more money each month. COVID has added to many business owners expenses with staff requiring additional training, the necessary PPE equipment and adapting business premises to be COVID safe. Making a list of these new expenses along with your regular monthly outgoings will help you to identify areas where you can reduce your costs going forward.
Seek Government Support
If your business is struggling due to the COVID-19 pandemic, it can be difficult to keep everything going, and you may be entitled to some help from the government. The Australian government has put a range of different programs in place to help small businesses to navigate and survive the pandemic. These support programs are available through both State and Federal agencies. Even if your business is doing okay, you may be eligible to apply for some of these programs. Take some time to look at your options and take advantage of any help that is available to you.
Seek Professional Advice
For business owners that are struggling to get their finances organised because of COVID, it can pay to seek the advice of a professional financial advisor. Having a new set of eyes on your finances can help you gain a fresh perspective and make the changes necessary to get your business finances under control. It might cost you upfront to hire an advisor; however, in the long run, it could end up saving you a lot of money and potentially your business, too, especially during these chaotic times.
Plan For The Future And Ensure You Are Ready To Bounce Back Post-COVID
With an uncertain road ahead, now is the time to start planning for the future of your company. To stay organised and on track towards your goals, it’s important that you have a plan in place to help you navigate the current situation while keeping one eye on the future. While you need to survive the current pandemic, you also need to give your business every chance of bouncing back successfully when the world returns to normal. With a carefully considered plan in place, you can be confident that your business will survive the pandemic and be ready to thrive post-COVID.
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