fbpx

Interview Patty

The 10 Character Traits Female Entrepreneurs Need to Succeed

Business Management Consultant in Houston

Leadership and confidence are the two characteristics female entrepreneurs believe they need to succeed.The other key attributes they deem important are: Communication, Determination, Risk-taker,  Passionate, Responsible, Competitive, Knowledgeable, Persuasive. 

Women also believe they have to work hard, persevere through tough times, be able to make smart hires and have supportive family and friends in order to create a successful business.

Building a thriving business isn't without some growing pains. The biggest challenges the women surveyed said they faced when building their companies were:

1.- Hiring the right people

2.- Time management

3.- Managing cash flow through lean times and/or to fund additional growth

4.- Developing sales forecasts and hitting those targets

5.- Creating the right technology infrastructure

6.- Access to cash/credit/funding

7.- Deciding whether a change of direction is needed

8.- Attracting customers and building market share

9.- Dealing with licensing, regulatory and other bureaucratic requirements

10.- Developing a strategy and executing it successfully

 

Women shouldn't be hesitant to turn to others, especially other women, for advice. The study revealed that 95 percent of female entrepreneurs who either launched their own startup company, or hold a leadership position in a startup company, think that having an informal adviser or mentor was a key factor to their success.

Source: businessnewsdaily

 

Patty Block, President and Founder of The Block Group, established her company to advocate for women-owned businesses, helping them position their companies for strategic growth. Charting the course for impactful, sustainable, profitable businesses, the beacon is control: of your strategic direction, your money, your time, your staffing, and your ability to bring in business. The Block Group brings together the people, resources and ideas that build results.

 190916-Business-management-consultant

Business management consultant.

Business consulting for women entrepreneurs in Houston, Advice for women entrepreneurs, Business Coach in Houston, Growth strategies for small business, Business coaching for women, Growth for women-owned businesses, Houston business coaching, Financial strategies for small business, Small business consulting in Houston, Business management consultant, Business, Consulting, Women, Entrepreneurs, Houston, Coach, Growth, Strategies, Coaching, Owned, Owner, Financial, Consulting, Management.

Building Blocks

7941 Katy Fwy. #414
Houston, TX 77024 USA

© 2024 The Block Group Inc. All rights reserved.  Terms of Use | Privacy Policy | Disclaimer