To start up a business is not quite easy, there are so many obstacles that will await you but your drive to succeed should be dominate. Success doesn’t come easily, the need to become gritty to succeed should be your aim. Ability to develop your mental strength and have a growth mindset is ideal.

Every woman that wants to grow, excel, start a business must have this but there are necessary skills that is required for every woman that wishes to start a business and there are:

1.  Determination

Starting a business is not an easy journey, it is a long process. You don’t just start up your business today and become successful at same day, it takes time and patience. Sometimes you end up failing, gaining losses instead of gains but your ability to keep striving, working through that difficult phase is what determination is all about and women need to be determined in order to succeed. You need to take risks and when you fail don’t quit rather keep working towards your long-term goal.

2. Leadership

This is a necessity; you need to have good leadership quality in order to lead your colleagues properly. Good leadership will help you build the right team to promote your business organisation.

3. Organization

This is a priority in every business. As a woman you need to ensure you have a plan, be able to state your business plans, targets, laying out your strategic procedure that will be effective in your company. You need to note the core values of your organization. Your business must be organised from the administrative department to the least you need to have core values, strategies, duties guiding the everyday activities that will take place.

4. Passion

This is seen as the driving zeal for something. Now you cannot just start a business you’re not interested in; it is mostly likely to fail. Women need to be passionate about the business they want to start up in order to have the zeal of aiming higher in the labour market.

5. Financial Literacy

This is a very important aspect in any business. It is important to know that financial responsibility is important both in our personal and business lives. When starting a business, it is very important to keep tabs on your finances in order to have sufficient cash flow in your first year, but it is really important to have an idea of finances in order to understand the gain and losses your company might go through in order to find solutions for improvement.

Photo courtesy@Property pro.ng

There are so many things that comes in mind when you want to start a business.

Here are 5 tips that would be helpful and might come in handy when you want to start your own business.

1. Do what You Love

The driving power or force of an entrepreneur is the passion in them that drives them to do what they love. You must love what you’re doing since you will be spending your time and energy nurturing the business.

2. Make Plans

Ensure that you create a business plan when you want to start up yours, this brings about understanding and helps you strategize important ideas for your business. Having a solid business plan is very important.

3. Source Of Capital

Always be aware that when you start a business, you won’t become wealthy or rich overnight, you may not gain your profits immediately. However, it is advisable to have a source of capital in order to ensure of smooth-running system of your starting up process.

4. A Team

In business, you cannot do it all alone, you’re not an island and you would require some level of support specifically a team that supports you and your ideas, you might require a mentor who can always guide and provide you with helpful advice. You might as well hire a consulting firm.

5. Network

Don’t wait until your business officially starts before you make contact with potential clients, start now to promote your business and network yourself. This will give you some form of assurance.

While you are busy acquiring all the skills in this world, it is also important to acquire soft skills because these days, a university degree and your long years of working experience is not enough and saying that the world is moving quickly is an understatement, Everything is happening so quickly that you might wake up and discover that robots have taken over your job. That is why it is important to improve your  soft skills too.

Here are 5 important soft skills that will save your job

Creative thinking

Being creative often means being able to solve problems and manage situations with limited resources.

Communication

Both written and verbal communication skills helps boost your performance because they help you to extract clear expectations from your manager so that you can deliver excellent work.

Emotional Intelligence

It is the capacity to be aware of control and express one’s emotions and to handle interpersonal relationships with empathy. It is important to find time outside of the office to explore new experiences that allows you to explore new experience that helps you grow, and build empathy for others. One can get these skills by volunteering, reading, attending conferences and cultural events and more.

Team Work

A company’s success is not dependent on just one person. A company’s success is the result of many people working towards a common goal. When employees can contribute their talents, everybody wins.

Conflict Management

When people with diverse backgrounds and perspectives are together in  high-pressure environment, conflict naturally arises. Hence,  an employee with great conflict management skills is an asset to the organization as the individual ensures that their bosses don’t have to do the dirty works of settling conflicts among colleagues.