Confidence is crucial for entrepreneurial success, and having a mentor who can offer encouragement along the way can make a huge difference. But mentoring also helps women develop hard skills that are vital to business growth. Knowing how to write a robust business plan, balance a budget or implement a marketing strategy are competencies that are often out of reach for women living in developing communities... Ultimately, the real success stories are the women entrepreneurs themselves. Onty says that working with Cherie enabled her business to break even for the first time. Business growth aside, she's also determined to use her success to help other young women in her community - proof that empowering women generates lasting impacts.
Have you always wanted to do something meaningful? Are you longing to lead a life that will really make you feel truly fulfilled? Want to build your business, or make a real change in the world? Do you know deep inside what you really wish for, and yet sense that something is holding you back? Here are seven lessons I've learned from the first year of being a solo entrepreneur.
I've just finished watching the second and final episode of BBC's Girls Can Code and I have to admit I found it fascinating - although not for the reasons I'd expected. From the title I'd assumed this would be a look at 'coding' whereas in fact it was more about inspiring women to consider careers in the tech industry and female entrepreneurship. Something I wholeheartedly support.
Many of us can hold on to the pain and shame that can be associated with failure which derails us from pushing on. Giving yourself a timeline to accept the situation and make peace with the way things turned out is the first step to adjusting to your new reality, coping with adversity is a skill which is acquired, not one we're born with.
Eric Ries, in his book "The Lean Startup", states that mistakes are beneficial to the development process of a new business. However, he says that it is important to fail as soon as possible and to learn as quickly as possible! In other words, entrepreneurs should keep their failures small and should also eliminate them while they are not creating bigger problems..
I firmly believe that women possess a wonderful ability to get things done, which is why the theme of this year's International Women's Day - 'Make It Happen' - feels so fitting. I set up my Foundation for Women in 2008, with a focus on empowering women in developing and emerging economies to create and grow their own businesses. I settled on this particular issue because I believe that economic security unlocks huge opportunities for women, enabling them to make positive choices over their own lives and the lives of their children.
To care for her mind, body, and spirit, she keeps a gratitude journal, meditates, exercises (including her first sprint triathlon in 2014), and "eats healthy." She does this, not from a selfish perspective, but from a responsibility perspective - she says this is what she is responsible for in her life.