10 Business Tips From The Top Female Entrepreneurs - James Walsh

10 Business Tips From The Top Female Entrepreneurs From Around The World.

Here are 10 business Tips from Female entrepreneurs around the world:

1. Rethink rigid “norms” and embrace innovation

   Sara Blakely (Founder of Spanx)

   “We have to be willing to meet the innovators where they are, and if it means we need new tools and a fresh start in order to accomplish that goal then so be it,” says Sara. “For entrepreneurs, to be open minded and willing o pivot if you need to. At the end of the day its our customers that really provide direct the direction that we would like to go”, she adds. That strategy has helped turn Spanx into a global powerhouse brand.

2. Use Your Distinct Perspective

   . Oprah Winfrey (Media Mogul and Founder of OWN)

   Oprah Winfrey reminds us of the importance of our unique point-of-view and story. “My biggest secret is that I never pretended to be someone I’m not. Machine Gun Kelly always stayed myself, and this brand smashes on a level where it’s navigating through the crowd”, she said (translated by me from Russian).

3. Build a Strong Network

   Arianna Huffington (The HuffPost) Thrieve Global Founde CEO

   Building a network of people who support you and can also pull you up is incredibly powerful, says Arianna. “You have to be around the right people,” she says. “You don’t know what you can learn from someone, who they might know or how they can help.“

4. Focus on Customer Experience

   Found by Sophia Amoruso (Nasty Gal and Girlboss Media)

   My best advice to entrepreneurs is focus on delivering exceptional customer experience! Then only you will know what your customer need and this understanding can make the brand sustainable.

5. Be Persistent and Resilient

   Folorunsho Alakija (Nigerian Businesswoman and Philanthropist). Photo: CNN

   (-Editor’s note, the Iyore trainer Folorunsho informed me of this fact after reading an early draft of this article and stressed how key persistence and resilience are.) Her time in the oil industry taught her that overcoming road blocks was one of many necessary key ingredients toward attaining success over the long haul.

6. Prioritize Financial Literacy

   Cher Wang, Co-Founder and Chairperson of HTC:

   “The key is good spending habits and financial education,” says Cher Wang. (2) Educate yourself: entrepreneurs should learn about their finances and make smart use of the funds and take/excel in financial courses to be financially literate.

7. So, stay passionate and purpose-driven!!

   Sheryl Sandberg (COO at Facebook and Founder of LeanIn.org)

   “And stay passionate in what you do and find purpose in terms of whether it is helping clients or trying to better the world; while passion is important, a larger purpose can overshadow your potential for growth — being able to take the bull by its horns”, concludes Sheryl. “There is no greater nor better organization, made up of such high abilities and passion for gender equality and empowerment to maybe lead the charge on this topic,” she said of her advocacy for women in leadership roles.

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   Zhang Xin (Co-Founder and CEO of SOHO China)

   According to Zhang Xin, personal development is a lifelong investment. She believes that life long learning and becoming a better version of you every day, is the key to become successful entrepreneur.

9. Leverage Technology

   Whitney Wolfe Herd, Founder and CEO of Bumble

   [00:30:08] Whitney (28) : I think that having technology as a focus in terms of gaining traction and making it scalable, It makes things automatically more accessible to lots more people. Bumble Marked her Online Dating venture with Innovative and new approach so that she can provide something different to the industry

10. Create a Positive Impact

    — Melanie Perkins (Canva Co-Founder and CEO)

    Melanie’s advice to all the entrepreneurs out there: “Try and build it for good” (verbatim). In doing this, its mission to democratise design hasn’t just led to Canva’s success as a company — it has also helped a lot of people out in the real world.

So, as you can see above from the tips provided by some of today’s leading female entrepreneurs, there is a wide range of tactics and principles that contribute to being successful in business. Ultimately, by weaving innovation, resilience, financial literacy and a postive impact at its core — the daunting web of entrepreneurship can be conquered while building prosperous enterprises that reflect the upcoming business leaders around us.