I remember listening to a speech from the CEO of my previous employer. He was new in his position and given the tough retail environment had a lot of challenges ahead of him. During his speech he mentioned how he reached out to his mentors for advice. This is one thing many female Entrepreneurs and Business Leaders have in common, they are part of a mentoring group. Mentoring is a way to pass on what you know, and it works both ways–finding someone who can teach you the ropes and then showing the ropes to someone else.
There are several ways you can be part of a mentoring or Mastermind group. If you are not part of one currently, there are other ways to learn from business professionals on how to become more successful. You can learn from people who have done already what you are trying to accomplish.
“If you cannot see where you are going, ask someone who has been there before.” – J Loren Norris
Two DeVry Keller graduates are Female Business Entrepreneurs who went on to open their own business. They collaborated on an Infographic that offers some advice when it comes to achieving success. The Infographic is aimed on giving advice to Female Leaders but can be applied to anyone seeking to be a successful Entrepreneur.
[tweetthis]”The greatest good you can do for another is not just to share your riches but to reveal to him his own.” Benjamin Disraeli[/tweetthis]
5 TIPS TO GUIDE FUTURE FEMALE BUSINESS LEADERS
Focus on your Passion
The path to success or becoming an Entrepreneur is not a straight one. There are many curves and bumps along the way. Being passionate about what you are pursuing gives you the motivation you need to keep going during those tough times.
Make a Plan and Prepare
Having a plan in your mind is only step 1. The simple act of transferring them on paper and planning out your next steps increases your probability of making your plan a success.
Be Patient
When my children want a gift or toy, they have a bad habit of wanting it right away. They don’t always understand why they have to wait for what they want.
Sometimes in business we can exhibit the same lack of patience. We want immediate results which are not always possible. Often when we dig deeper, those stories of overnight successes have another tale to tell. This story tells of the many struggles and years of hard work leading up to the overnight success.
Take a Risk
We tend to view risk-taking negatively, often regarding it as unwise. While some risks need to be avoided, it’s important to remember that some risks pay off. Try re-framing risk as an opportunity to succeed rather than a path to failure.
It is my biggest risks that often brought about my biggest rewards.
Persevere
The ability to persevere can be a major difference maker. When I look back at my biggest failures, there is a common theme. My biggest failures were not those where I didn’t accomplish my goals despite my strongest attempts and commitment. My biggest failures were those events where despite wanting to pursue a goal, I stopped persevering.
This infographic was made by Devry University’s Keller Graduate School of Management.