Advice for Business Women

• Admit what you don’t know. - If you are aware of the things you don’t know, then you have a lot more faith in what you do know.
• Do your research. - You have to know the ins and outs of your industry.

10 Reasons Why Entrepreneurs Fail

1. - They Have No Written Plan
2. - No Revenue
3. - Business Opportunities are Limited
4. - Unable to Execute

Ten Time Management Tips

1. - Calendarize everything. Schedule everything you do in the day and include the time when you will finish the day.
2. - Face difficult tasks at your peak. Counter to what you may think, the morning is generally when you are at your optimum performance level.
3. - Organize. Don’t start a file pile, file everything as soon as it is completed, this will save you from wasting time looking for documents later.
4. - Delegate. Whether at the office or at home, when you have the right people working with you, you worry less.

From Business Vision to Reality

• Partners and investors. - Partners and investors will be focused on the financial implications of the strategy, and will also have a longer-term view of how the strategy will impact on your business’s growth.
• Managers. - Your management team will doubtless be able to provide you with strong insights into operational aspects of your business that will impact on the feasibility of your plan that you may have overlooked.

3 Tips For Women Entrepreneurs To Deal With Difficult People

TIP # 1 You need to be prepared to listen intently to these rants. Once the complainer/criticizer has had her say, ask open-ended questions to get to the real root of the problem (there is almost always something else going on). Stay calm and be straightforward in order to disarm your employee and let her know you are pleased that she cares enough about the business to have a say. Then, state directly that as the owner you make the decisions necessary to operate the business.

Overview of Communicating With Employees

1. Create the Culture
Above all else, to the extent possible, strive to be transparent and straightforward about the challenges of your business and even about your company's financials. Schedule informal communication. Meet one on one. Informal confabs with the people who report to you, held at least biweekly, serve as excellent occasions to check on their progress as well as identify problems before they blister, and so can be a powerful motivational tool.