Friday 30 December 2016

5 Tips for Women in Start-ups by Matt Redhawk

Women are getting into business in larger numbers than ever. Matt Redhawk says women in start-up businesses face unique challenges in financing, marketing, and management.  However, women entrepreneurs can get ahead in business by learning from their more successful peers and following a few tips.

Translate home skills
Women are managers by default. They are the managers at home, looking after the kids, managing home budgets, arranging for holidays and so on. Managing a start-up has different aspects that the entrepreneur has to manage differently. Women could put their multi-tasking skills at work for better success.

Delegate
Entrepreneurs should let others handle tasks that they cannot capably handle. If you are not sure on how tax returns are done, it is better to let a qualified accountant handle it.

Network
Networking is one of the best methods of extending your business contacts. You will meet potential business partners and mentors. A start-up venture will be very much in need of experience and business leads. These two can be acquired in a short time by attending the right networking meets.

Social networking and tech
Being savvy in social media networking and general IT is mandatory in this age. Get conversant with major social networks and build your audiences. This will build your brand online where vast opportunities for a business lie.

Keep looking
A few successful deals should not let you feel that everything is set. According to Matt Redhawk, businesses thrive on expansion and identifying new opportunities as they arise.