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Women In Business - 10 Reasons Women Make Better Entrepreneurs

Women In Business - 10 Reasons Women Make Better Entrepreneurs

Often I'm asked why there is an emphasis on "Women in Business."  The answer might simply be that as women, we generally will look at situations, and business, a bit differently than men. 

Right or wrong, it is just a fact.  We "do it" differently. 

As such, Women in Business face different challenges, but we also have some significant advantages (!) over our male counterparts, especially as entrepreneurs.  This week, I'm sharing a recent article by Adelaide Lancaster from the Huffington Post - "10 Reasons Why Women are Better Entrepreneurs."  Enjoy!

"I've heard one too many female entrepreneurs preface a challenge they've had with the statement "maybe it's just because I'm a woman but I find it hard to"...(you can fill in the blank): ask for what I want; settle for something less than perfect; not to try to do it all myself. These statements make me cringe. I'm not a fan of sweeping gender generalizations and I'm certainly not keen on women attributing their challenges (challenges that many people experience by the way) to the fact that they are female. Women entrepreneurs get enough flak for not being more like men without us jumping on the bandwagon ourselves.

I can't say whether any of the oft-recited gender stereotypes are true ("scientific" studies always seem to be contradictory in their findings), but let's pretend for a moment that they are. Then let's pretend that these differences aren't deficits (gasp) and instead are assets. What if gender differences made women even better business owners? It's not hard to make a compelling case.

Let's take a stab at it. Here are 10 reasons why women are better entrepreneurs:

1. Women are better connectors.
A stronger network means they will be better resourced throughout the life of the venture. By leveraging their connections, they will have to reinvent the wheel less and learn fewer lessons the hard way.

2. Women are better at multitasking.
They can work towards multiple priorities and balance multiple roles simultaneously. They won't shy away from a full plate and will be equipped to handle the multifaceted job of entrepreneur.

3. Women are perfectionists.
They have high standards and won't settle for mediocre efforts or results. The business will save money and time because haphazard mistakes and sloppy work will be avoided in the first place.

4. Women take others into consideration.
They build businesses that deliver value for multiple stakeholders - customers, employees, investors, and founders. They aren't out for purely their own gain and their "put others' first" attitude will net tremendous loyalty for the business in the long run.

5. Women think success comes from hard work not just from being "awesome."
They are willing to do what it takes to hit the mark and they don't let their egos get in the way. Failures, which are inevitable, spark a redoubling of efforts, not a crisis of self-worth.

6. Women share the credit.
They build companies where employees feel valued for their contributions and input.

7. Women second guess themselves.
They consult others about important decisions to make sure they aren't overlooking something. They won't be afraid to change course if new information or learning is brought to light.

8. Women don't take as many risks.
This means that the ones they do take are more calculated and well thought out. They won't over-extend the company by chasing bright shiny objects or the latest hottest idea.

9. Women don't fiercely negotiate for the best they can get.
They understand that the price paid or received isn't the whole story. They think about value more broadly and understand the price that relationships and the process requires.

10. Women value their life outside of work.
Their commitment to their company is only enhanced by having a full life outside of work. They know that friends and families are an important part of overall satisfaction and that the costs of burnout are significant for both themselves and the company.

Certainly this isn't true of all women. All of it may not even be true for one woman. But any of it could be just as true as the current deficit model that many of us subscribe too. Further consideration of our assumptions is warranted when we assume that any differences, if true, are instant liabilities - qualities to apologize and compensate for. So, the next time you hear a woman apologize for being a woman, offer one of these alternate interpretations as a reason for her success."

Article excerpted from www.huntingtonpost.com. Adelaide Lancaster is an entrepreneur, speaker and co-author of The Big Enough Company: Creating a business that works for you (Portfolio/Penguin). She is also the co-founder of In Good Company Workplaces, a first-of-its-kind community, learning center and co-working space for women entrepreneurs in New York City. She is a writes a blog for Forbes.com and is a contributor to The Daily Muse. She lives in Philadelphia, PA with her husband and daughter.

Millstone, Peterson & Watts Give Area “At-Risk” Students A Boost

Millstone, Peterson & Watts Give Area “At-Risk” Students A Boost

Firm Put Together School Supplies To Fill Back Packs For Area Youngsters

Roseville,CA.- “Having the proper tools to work with when learning may be fundamental, but it’s also essential” explains Roseville,CA. attorney Glenn Peterson, partner in the Northern California law practice Millstone, Peterson & Watts. His firm recently provided a mountain of school supplies for Placer County kids with special needs.

According to Peterson the firm has a long standing practice of giving back and all of their attorneys get involved in pro bono as well as charity work. Peterson himself has devoted time and resources to Food For Thought, Make A Wish.

Folsom Harley-Davidson Opens It's Doors To Kids From Coast To Coast

Folsom Harley-Davidson Opens It's Doors To Kids From Coast To Coast

Folsom Motorcycle Shop Will Serve As National Awareness Hub

Recruiting Supporters For 14 Day Charitable Journey

Folsom, CA.-Folsom Harley-Davidson and their Harley Owners Group (HOGs)are working as a national outreach hub helping to promote Kross Kountry-4-Kids from coast to coast. Encouraging members of the community to help them secure participants in all 50 states, especially the 7 main stops where the motorcycle run will stay over.

“If you have a relative,friend,aquaintance or associate in any of these towns that’s a great start” explains national child advocate and ride co-producer Mark Lunsford. “We are recruiting an army here to stand on the front lines for children during National Child Abuse Prevention Month this coming April “Lunsford continues.

Register now for News10's free Breakfast with the Bloggers August 17

Register now for News10's free Breakfast with the Bloggers August 17

Register now for News10's free Breakfast with the Bloggers panel discussion at News10 on Wednesday, August 17.

The event is from 8 a.m. - 9:00 a.m. with registration at 7:30 a.m. It will take place at the News10 studio at 400 Broadway in Sacramento.

Local giving website EGIVA.com seeks donations for next phase

Local giving website EGIVA.com seeks donations for next phase

PLACERVILLE, Calif. August 3, 2011    Collaborative local giving website EGIVA.com allows donors and recipients to connect locally through a free website that allows searching by proximity as well as category of item. Founders Jamison Miller and Virginia Miller-Weiseth have seen their project grow and change lives across the country and around the world.
 

In order to continue this growth and reach the next level of development, Egiva seeks to raise $10,000 through Kickstarter.com. The fundraising website allows interested parties to reach out to help a cause they support through safe donations. Egiva must obtain pledges for the entire amount by Friday, August 26 to receive the funding.
 

The egiva site (egiva.com) is free and easy to use. Users set up a profile with an email address. Donors use the “Give” tab to list the items available to be claimed.

How to deal with annoying coworkers | Reader advice

How to deal with annoying coworkers | Reader advice
 [Mr Thinktank]
 
I've given my thoughts on how to deal with annoying coworkers. Now hear what readers had to say!