Women entrepreneurs are those women who think of a business enterprise, initiate it, organize and combine factors of production, operate the enterprise and undertake risks and handle economic uncertainty involved in running it.
7 hacks that female leaders should follow to empower and promote diversity amongst their team or in any startup.
1. BE READY FOR THE PIVOT
Your career could take many paths, and you cannot plan for everything. Instead, what you need to be able to do is pivot. In life you’ve got to be able to move and change rapidly as things happen. It’s important to allow yourself to take risks, and not be afraid of doing so.
2. SHARE KNOWLEDGE
You need to be able to freely share your knowledge and capabilities with others. Sharing your information is more impactful than sitting back and refusing to share or believing that information is your power.
3. ASK QUESTIONS
Children ask a lot of questions, in fact they can ask as many as 300 questions in 24 hours. The more questions you ask, the more you can discover, therefore broadening your knowledge. Asking more questions and gaining more knowledge will allow you to create innovative and disruptive solutions.
Asking questions within diversity matters. It’s important to ask why as a business you don’t have more diverse partners. I asked myself this question and found out the reason was that partners are smaller, and therefore need more advice on the technology side of business to go to market. I came up with the Think Big for Small Businesses program to combat the issue. This would never have happened if I didn’t start asking more questions about diversity.
4. EMBRACE FAILURE
It’s important to embrace your own failures, not only so you can accept them yourself, but to help other people learn from the mistakes so the same one isn’t made twice. Sharing with my team one of the failures I had made at Amazon was one of the most impactful things in my career. Other people learned from my mistake and were able to learn fast and not make the same mistake as I did.
If you cannot embrace failures, you cannot move forward and drive within the workplace.
5. BE AN AUTHENTIC LEADER
A lot of women will try to dress or speak differently, or learn a certain sport to fit into a workplace. What I urge you to do is remember you are a better you than anyone else could be.
You need to understand who you are and remember that your diverse ideas really impact your innovation.
People need to realize that a difference in ideas, and having diversity amongst a team, is what really helps to drive innovation.
6. BE PREPARED TO LOOK AROUND THE CORNER
It’s important to understand what’s coming next, as this helps to understand challenges, learn about new technologies and track trends, allowing you to stay ahead in terms of innovation.
7. SURROUND YOURSELF WITH THE RIGHT TRIBE, AND INVEST IN IT
You need to realize who you want to invest your time in and have invested their time in you. It’s important to listen to members of your team and ensure they feel valued. You also need to think about what types of people will strengthen your outlook and input. Again, ensuring diversity will help to make sure you have the right tribe surrounding you.