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Tips For Female Business Owners To Reach Your Dreams - Mogul

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TipsForFemaleBusinessOwnersToReachYourDreams

Tips For Female Business Owners To Reach Your Dreams

Your day job just doesn’t have the same luster as it used to have. You feel like you’re stuck. Sure, you like money. Don’t we all? You have weighed the pros and cons for months and feel ready to branch out on your own. So, you decide to quit that job and start building your small daydream business.

You have a strong business plan and are marketing your small business. You have a roster of clients and remain busy every day. Only — nothing prepared you for unhappy clients, completely quarterly tax reports, keeping track of taxable deductions, late payments and all of the things associated with having to be one-shop shop for your business.

Wake up your inner Oprah and follow these tips, even when the entrepreneurial stresses are getting to you. Fellow #Girlbosses, implement these tips into your daily regimen and you could begin to see the success you are yearning to achieve:

Establish your mantra.

It’s why you do what you do and do it well. Set aside some time for a brainstorming session when you need it. Create your own mission and vision statements for your business and regularly assess if you are meeting those self-established goals and objectives based on those statements. Evaluate yourself and your business regularly so you aren’t reinventing the wheel and so you know what works best for you, your employees and your clients. Follow your favorite thought leaders and learn from them.

Continue to fight stereotypes.

If you’re a millennial female, that’s a double whammy: “you’re too young to know things, and you’re a woman.” At least that’s what stigmas tell you. Fight these stigmas every day. If you’re an entrepreneur, learn to work with men and women. Continue to ask for venture capital, partnerships and sponsorships even if the answer is “no” because of a stereotype. Someone will say “yes” down the line. If you don’t want to, you don’t have to just stick to female target audiences because that is “typical” for female business owners. Expand your networks.

Ask for help when you need it.

Delegate to your employees or subcontractors. If you’re a lone-ranger business, you still can’t do everything yourself. Take breaks from work. Ask for help stuffing envelopes and creating social-media posts. Set a goal that that makes you want to jump out of bed in the morning. If you’re feeling overwhelmed and anxious, you can also chat online with a trained mental health professional who has experience delving into mental health issues and solutions.

Even if you’re not ready to speak with another person about things that may be weighing heavily on you, consider doing research and getting a clear understanding of what you might be going through. There are plenty of resources online that can give more information on how to deal with stress, facing anxiety, coping with depression the right way, or understanding the impact PTSD is having on you. Whatever the case, if you’re not ready to get help from another person face to face, at the very least… educate yourself.

It’s OK to not work with and for friends.

If you can work with a significant other, family member or friend, that’s awesome; however, that is a rarity. Don’t be afraid to say “no” when as friend asks you for your business or to work with you. Sometimes, it’s easier to not mix business and personal relationships. For example, a friend could take his or her sweet time to get your something, like a W9 form or payment — just because you are friends. You may want to preserve you friendship and establish separate business relationships.

Know your limits and take care of yourself.

Most of us with our own small businesses just don’t know when to quit. It’s wonderful to have ambition and drive, but know when to step away for some relaxation. Owning a business is stressful and can be even more so for the anxiety-inclined. Exercise at least a couple of times per week and eat healthy foods. Manage your stress by doing things you love, like taking some time to take a bubble bath, write poetry, read a book or give yourself a manicure. If you aren’t the best version of yourself you can possibly be, then how can you create quality and timely work for your clients? Take care of yourself, and your bottom line and those around you will thank you for it.

These tips, and so many others, will help you as you cultivate your business and reach your personal and professional dreams.

Resources:

^ 10 Tips for Keeping Your Head in the Game as You Build Your Business. Girlboss Media. http://www.girlboss.com/girlboss/2016/12/12/kdq6i3qse4ypm93hpbb3wdiycovik4. Written December 12, 2016. Accessed March 31, 2017.

^ The Cupcake Stigma and Respect for Women Entrepreneurs. Joanna L. Krotz. Huffington Post. http://www.huffingtonpost.com/joanna-l-krotz/cupcake-stigma-respect-women-entrepreneurs_b_8440866.html. November 2, 2015. Accessed March 31, 2017. 

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