Best Pieces of Advice for Women Entrepreneurs

Women running small and mid-sized enterprises in the United States are setting the stage for future generations. There are over 12.9 million women-owned businesses in the United States, and the numbers are rising each year. In a report titled, State of Women-owned Business, American Express stated that the number of women-owned businesses climbed 21% between 2014 and 2019. However, the world of business can present different challenges for women. So, we have collated some of the most inspiring and practical advice and experiences from a selected group of successful women entrepreneurs.    

Alyse Maslonik, Founder of RedefinED Advisor LLC    

Alyse, who is helping the underprivileged children in Philadelphia complete their education by providing them with scholarships, says that women entrepreneurs, who are just starting, should surround themselves with good and honest people. Besides, they should believe in themselves, as women possess incredible qualities and can bring extraordinary value to the workplace. “I always tell women that your time and place is here now,” Alyse says.   

Natalie Ruiz, CEO of AnswerConnect

Natalie, who had come close to quitting her job at AnswerConnect only a few days after joining the company, went on to become its CEO. She believes tenacity is a superpower, and when a person is determined to stick to something, it will take them further than most other skills. Her advice to young women leaders is to lead with their hearts and head. At the same time, it is essential to remain connected and human in all that a person does. She advises, “Commit to learning something new every day. Admit when you are wrong. Apologize when you have hurt someone. Share your knowledge and expertise freely.”   

Mariet Ostos, Tax Consultant    

Mariet Ostos, a reputed tax consultant in Florida, traveled from Venezuela to Georgia in the United States at the age of 19 with $1000 and a sack of grains. Keeping in view her initial days of struggle, Mariet advises young entrepreneurs to keep going irrespective of the obstacles. Mariet says that it is essential for everyone to organize their lives, be honest with them, and decide what they want to do and what needs to be done. Mariet asks the women to forget about the future and only think about what they have to do every day. At the same time, she says that everyone has a story to tell, and we need to hear them. Also, teach your children how to manage money to change the world.   

Simone Craig, Founder of SLC Global    

Simone, who offers CFO services to businesses, says that the key to success for new woman entrepreneurs is willingness. They should believe that they can create something they do not have – money or wealth. First, they need to understand why they want to start their business and want the money. At the same time, it is crucial to get some good advice, contact a bookkeeper, and realize how valuable their time as a businessperson is. She advises that they should focus on how they are spending time generating sales.   

Ann McNeil, Master Wealth Builder

Ann is a Master Wealth-Builder who is helping entrepreneurs to get greater clarity in the highest income-producing areas of their business and life. Ahe is also the first African American businesswoman who deals with billion-dollar projects. The founder of Master Mind, Ann, advises young entrepreneurs that they must have a dream or something they desire to become. Ann says that once you have a dream, you should plan how to achieve it, adding that people can gain from various resources, the essential book being the Bible. Dr. Priscillia Kucer, Founder & CEO of Priscillia Kucer Consulting Solutions     

Dr. Priscilla Kucer, fondly known as D. P., is the founder and CEO of a Black female-owned business focused on helping micro-business owners. Dr. Kucer emphasizes some core values – integrity, collaboration, connecting, respect and accepting diversity, and innovation. When an entrepreneur has all these core values in place, there is no way they will not be successful. She advises young entrepreneurs to develop leadership skills and vision to find solutions to their problems; act and get the results they need to survive their first five years.  

So, whether you are thinking about starting a business or need some extra inspiration in your professional life, this roundup of business advice from these successful women entrepreneurs should do the trick.