How to Be a Successful Female Entrepreneur

April Malmsteen gives advice on being a great female entrepreneur.

The Thrive Global Community welcomes voices from many spheres on our open platform. We publish pieces as written by outside contributors with a wide range of opinions, which don’t necessarily reflect our own. Community stories are not commissioned by our editorial team and must meet our guidelines prior to being published.

Becoming an entrepreneur can be incredibly difficult and even more so if you’re a woman and are trying to break into an industry that’s predominately male. Instead of feeling discouraged, know that there are lots of women before you who have accomplished the same goal and there will be plenty of people cheering you on toward your dream. Many ways exist to be a truly successful entrepreneur, but there are also some vital traits you should possess in order to reach your entrepreneurial dreams.

Take risks

If you’re embarking on your own business venture, you won’t get anywhere without taking measured risks. Avoid being too timid to take risks, because your business will either stagnant or fail entirely. While you shouldn’t be afraid of failure, it’s important that you learn from it and do better the next time around. Decide what risks your business can handle and could provide a benefit to your company.

Assert your worth

Because you’re attempting to start your own business, you’ll be dealing with people wondering whether or not you’re worth the investment. You might face even more skepticism because you’re a woman. Know your own worth and do not be afraid to show it. Talk about your skills and areas of expertise and do not be afraid to show off what you know. The more confident you are in your own value, the more likely other people will see it too.

Find a female mentor

This tip is especially important if you’re young or just starting out in your industry. Find a female mentor you respect and has lots of business experience and then ask her to mentor you. A woman who’s been in your shoes will be able to give you valuable advice and support that can help you achieve your goals.

Be knowledgeable

Since it’s likely people will question how much you know about what you’re doing, it’s vital that you are knowledgeable about the industry and topics you’re working with. While you can’t know everything, you must understand the basic facts of your industry and what it takes to run a business. Read as much as you can and talk to lots of different people for advice.

Always improve

No matter how much of an expert you are in a specific field, you can always improve the amount of knowledge you have. If you feel you’ve reached the pinnacle in one area, move onto something else that can enhance your business skills and take your company to the next level. Always strive toward the next level and make yourself continuous goals in various areas.

Have faith in yourself

Finally, female entrepreneurs often face more self-doubt than men who are pursuing the same goals. If you begin to feel discouraged, remember that you’ve been working hard and preparing yourself for being an entrepreneur and it’s normal to have some doubt or questions. Learn to have faith in yourself and you’ll be able to accomplish your goals!

Originally published at

Share your comments below. Please read our commenting guidelines before posting. If you have a concern about a comment, report it here.

You might also like...


5 Rules Successful Female Entrepreneurs Live By

by Susie Almaneih

How to Turn Your Fear of Failing Into a Drive For Success

by Ellevate
Five Common Entrepreneurship Myths Debunked

5 Common Entrepreneurship Myths Debunked

by Caroline Castrillon

Sign up for the Thrive Global newsletter

Will be used in accordance with our privacy policy.

Thrive Global
People look for retreats for themselves, in the country, by the coast, or in the hills . . . There is nowhere that a person can find a more peaceful and trouble-free retreat than in his own mind. . . . So constantly give yourself this retreat, and renew yourself.


We use cookies on our site to give you the best experience possible. By continuing to browse the site, you agree to this use. For more information on how we use cookies, see our Privacy Policy.