What Does it Mean to be a Successful Woman in Business?

The U.S. Census Bureau in its Annual Survey of Entrepreneurs notes that women owned 20 percent of all employer firms in 2016. The number of women who are starting their own companies in the U.S. continues to grow. These women find that entrepreneurship offers a unique opportunity to use their talents, expand their influence and increase their wealth. Although starting and maintaining a successful business is not always smooth sailing, women often find the endeavor not only suits their personalities, but also their personal goals.

Creating an Enterprise That Reflects Your Own Values

Starting a business is often an uphill climb that many people never even attempt. The corporate world offers many perks and financial benefits, but you must always bow to the “vision” of the corporation. For some women, this effort can be too limiting. They may be able to see other aspects of the market that need addressing, and the chance to tackle the task in your own way offers personal gratification at the highest level.

The Freedom to Manage Your Own Finances

Having your own business also means you get to determine your own level of financial success. Your ability to earn is only limited by your own efforts to maximize profits. This requires doing a significant amount of research and understanding important features of your area of the economy. In addition, successful woman entrepreneurs know that you can never rest on past laurels. They always keep an eye out for new opportunities to expand their markets, increase their customer base and refine their operations.

Becoming an Expert in Time Management

Women have a natural aptitude for multi-tasking, and this quality can be of significant benefit when they are running a business. Women prioritize activities to schedule work efficiently and keep the most important aspects at the forefront of their actions. Managing a workforce well is a critical part of success in business, and women often have the “people skills” needed to maintain high efficiency and productivity.

Dealing with Harassment & Discrimination

Unfortunately, the downside for women continues to be frequent incidents of sexual harassment and discrimination that may occur at both personal and institutional levels. Learning ways to skillfully deflect unwanted attention can help you manage these un- comfortable situations. In addition, you may still feel acquiring loans, getting important contracts and maintaining your competitive edge still requires you to work harder in order to be judged as equal to a male-owned company. However, as you develop a record and reputation for success, this need to “dance backwards and in high heels” tends to diminish.

Being a woman in business offers a chance to forge your own path in your own way. Although the obstacles can be daunting and often reflect institutional prejudices, being a woman also offers a variety of natural advantages that can help you excel in business.

Rahaf Harfoush is a Digital Anthropologist and Best-Selling Author researching the impacts of emerging technologies on our society. She teaches “Innovation and Disruptive Business Models” at SciencePo’s School of Management & Innovation in Paris.

Advisory Board Members

Elinor is the CEO of Smooth Sale. She’s also an International Best-Selling and Evergreen Author, Top 1% Influencer, Inspirational Speaker.

Andrea Simon is a writer and photographer based in New York City. She has worked as an editor, writer, and manager on diverse projects, and was the co-owner of an editorial/production company that specialized in health-related educational materials.

Millen Livis

MILLEN LIVIS is International Holistic Financial Independence mentor, International best-selling author, investor, and entrepreneur.

Janice McLean DeLoatch

Dr. Janice McLean DeLoatch is a passionate advocate for entrepreneurs and women in the entertainment industry. She created the Women Songwriters Hall of Fame to honor women whose work represents the heritage and legacy of the world’s music songbook. She serves as the Founder, Chief Executive Officer, and Chairman. Janice is also a Tv Host, Radio Personality, Entrepreneur and Author.

Melissa Stockwell

A first lieutenant, Melissa Stockwell was the first female soldier to lose a limb in the Iraq War. She lost her left leg when a roadside bomb exploded when she was leading a convoy in Baghdad. For her service in Iraq, she was awarded the Bronze Star and the Purple Heart.

Q: Why did you decide to join the ROTC at the University of Colorado?

MS: As soon as I knew what wearing the uniform stood for I wanted to wear one. To give back to a county I felt had given me so much. Freshman year I saw cadets around campus and decided to become one of them sophomore year. I never looked back!

Q: Did you have any idea that you would be deployed to Iraq March 2004?

MS: After Sep 11, 2001, I knew I would most likely be deployed at some point. So, when orders came down that my unit would be deploying in early 2004 it wasn’t a big surprise.

Q: As first lieutenant, you were the first female soldier to lose a limb in the Iraq War … can you share with our audience how that day started out for you?

MS: It started out just like any other day over in Iraq. We are always up early. Getting ready for the day and then getting our daily briefing for the day and casualties from the previous day. Then we went over our mission for the day, got into our vehicles and we were off.

Q: Can you tell us about the training you did to prepare yourself for the 2008 Paralympic Games?

MS: I moved out to Colorado Springs and the Olympic Training Center to train full time in hopes of making it a reality. I swan thousands and thousands of laps and lived and breathed swimming. I am proud to say all the hard work paid off. The training for 2016 and 2020 was just as intense, your days revolve around it!

Q: When you were growing up, did you ever dream you would become a world class athlete?

MS: I always wanted to be an Olympic gymnast. I was at the elite level but never at the top. So, when I got injured and found out about the Paralympic Games it was almost like I had a second chance to compete on the worlds biggest athletic stage.

Q: Tell us what it was like to join former President George W Bush on Bush’s W100K ride for wounded military veterans.

MS: An incredible experience. Myself alongside 20 other wounded Veterans and the President on a three-day mountain bike ride on his ranch down in Texas. President Bush holds himself accountable for the lives of the Veterans that served under him and does what he can to let us know that we are not forgotten. Whatever you believe in politics, he is an incredible man, and I was honored to have him as my commander in chief.

Q: Your Co-founder of the Chicago-based Dare2tri Paratriathlon Club. Can you tell us how it started and the services it provides?

MS: I co- founded Dare2tri with two friends back in 2011 with the mission of getting athletes with physical disabilities into the sport of triathlon. We knew the impact sports could have on anyone’s life but especially someone with a disability. We take away all the barriers someone has for getting into the sport: expensive adaptive equipment, coaching, training, sometimes just transportation to the race and the self-confidence and self-worth our athletes get is incredible. Our athletes inspire many both on and off the racecourse.

Q: Tell us how you manage your work life balance?

MS: I find what I’m passionate about and put my hours into that. I have an incredible husband who wants me to go for my dreams. I have a team of family and friends that believe in me and support me in any way they can, and I just feel like the luckiest girl to get to do what I love!

Q: What would be the title of your autobiography?

MS: I have one! It’s called the Power of Choice and it was released last year. The Power of Choice is so applicable in all of our lives, and we can all choose to live the life we want regardless of the obstacles that come our way. My choice to accept the loss of my leg propelled me into a life I never could have imagined.