How Successful Women Overcome Major Career Setbacks CareerMetis.com

How Successful Women Overcome Major Career Setbacks M?r? th?n 11 m?ll??n Am?r???n bu??n????? ?r? n?w owned b? w?m?n, ?m?l???ng n??rl? 9 million people ?nd g?n?r?t?ng $ 1.7 tr?ll??n ?n ??l??, ????rd?ng t? 2017 data fr?m th? N?t??n?l Association ?f Women Entr??r?n?ur?.But th??? numb?r? t?ll ?nl? ??rt ?f th? ?t?r?. Women-owned bu??n????? ?r? ?t?ll a minority, ?nd th? ?b?t??l?? f???d b? w?m?n wh? h?v? ?d??t?d entrepreneurship ?r? v??t ?nd ?ft?n v?r? d?ff?r?nt fr?m th??? experienced b? th??r m?l? ??unt?r??rt?. T? ?l?r?f? ??m? ?f th??? d????r?t???, Bu??n??? N?w? D??l? ??k?d CEO? ?b?ut th? k?? ?h?ll?ng?? facing w?m?n ?ntr??r?n?ur? ?nd h?w t? overcome th?m.1) Ch?ll?ng?ng ?????l ?x???t?t??n? evalevalM??t f?m?l? bu??n??? ?wn?r? wh? attended n?tw?rk?ng events ??n relate t? th?? scenario: ??u ?nt?r a ?r?wd?d seminar ?nd ??n count th? numb?r ?f w?m?n ?n th? ?n? h?nd. Wh?n entrepreneurs t?lk ?b?ut business w?th m?l? ?x??ut?v??, th?? ??n b? unn?rv?ng.In th?? t??? ?f ??tu?t??n, w?m?n m?? f??l th?t th?? n??d t? ?d??t a stereotypically “m???ul?n?” attitude t?w?rd bu??n???: ??m??t?t?v?, aggressive, ?nd ??m?t?m?? ?v?rl? severe. But ?u?????ful CEO? b?l??v? th?t r?m??n?ng true t? th?m??lv?? ?nd f?nd?ng th??r ?wn voice ?r? th? k??? t? overcoming preconceived ?x???t?t??n?.“Be ??ur??lf ?nd h?v? ??nf?d?n?? ?n wh? ??u ?r?,” ???d H?l?r? G?ng?, f?und?r, ?nd CEO ?f Trunkettes. “You h?v? ??m? t? wh?r? ??u ?r? w?th h?rd work ?nd ??r??v?r?n??, but m??t ?m??rt?nt, ??u ?r? th?r?. D? n?t ??ttl? f?r a m?n’? idea ?f h?w a leader ?h?uld b?.”2) Dealing w?th limited ?????? t? f?n?n?ingN?t ?ll ?t?rtu? f?und?r? ???k ?nv??t?r? t? h?l? m?k? th??r bu??n??? t?k? ?ff, but th??? wh? kn?w h?w d?ff??ult th? l?un?h process ??n b?. In?r????ng ????t?l ?? ?v?n m?r? d?ff??ult f?r w?m?n-?wn?d businesses.A 2014 B?b??n College report f?und th?t l??? th?n 3 ??r??nt ?f v?ntur? ????t?l f?rm? h?d female CEOs.B?nn?? Cr?t?r, ?r???d?nt, ?nd CEO ?f Full C?r?l? In??ght?, ???d th?t venture capitalists t?nd t? ?nv??t ?n ?t?rtu?? run b? people ?f th??r ?wn “tr?b?” â€" f?r ?x?m?l?, a St?nf?rd-?du??t?d ?nv??t?r w?ll w?nt t? support a St?nf?rd. Th?? m??n? th?t v?ntur? capital f?rm? w?th f?m?l? partners ?r? m?r? l?k?l? t? invest ?n w?m?n-l?d startups.But ????rd?ng t? th? B?b??n report, th?? represents ?nl? 6% ?f US companies. W?m?n seeking entrepreneurial investors ?h?uld bu?ld ??nf?d?n?? thr?ugh ?n ?x??ll?nt t??m ?nd th? business ?l?n r???mm?nd? Cr?t?r.evalInvestors t?????ll? l??k f?r ??m??n??? th?t ??n ?n?r???? th??r v?lu?t??n t? m?r? th?n $ 1 b?ll??n, Cr?t?r ???d. “Th?nk ?f h?w t? d? it,” ?h? advised. “If ??u h?v? experts ?n ??ur founding t??m wh? ??n d? w?ll [bu??n???] ???r?t??n?, investors w?ll h?v? confidence ?n th??? ????l?. [You t??] n??d a good f?t ?n th? product market.”An?th?r w?? t? overcome th?? ?r?bl?m ?? t? work t? involve m?r? f?m?l? ?nv??t?r? ?n mutu?l ?u???rt, ???d F?l?n? H?n??n, f?und?r ?f angel ?nv??t?r group Hera Fund ?nd H?r? Hub w?rk?????. A???rd?ng t? H?n??n, groups l?k? h?r? ?r? “l??k?ng n?t ?nl? t? inspire ?nd ?n??ur?g? w?m?n ?nv??t?r? but ?l?? t? gr?w ?nd ?u???rt ?th?r entrepreneurial w?m?n thr?ugh fund?ng ?nd ?tr?t?g?? ?du??t??n?l w?rk?h???.”Entr??r?n?ur??l women ??n r???? th? capital n??d?d f?r th??r bu??n??? b? learning t? ??k f?r ?x??tl? wh?t th?? n??d, ?v?n ?f ?t m??n? ??k?ng f?r m?r? th?n th?? w?nt.3) Struggl?ng t? b? t?k?n ??r??u?l? At ?n? t?m? ?r ?n?th?r, m??t women CEOs find th?m??lv?? ?n ?n ?ndu?tr? ?r workplace dominated b? m?n wh? d? n?t w?nt t? acknowledge th??r l??d?r?h?? role. Al???n Gutt?rm?n, CEO, ?nd ?r???d?nt ?f h?? f?m?l?’? ??m??n?, J?lm?r, h?d th?? experience ??rl? ?n h?? ??r??r.“A? ?n ?nt?r?r???ng woman ?n a m?l?-d?m?n?t?d industry, winning r?????t h?? b??n a ?truggl?,” ?h? ???d.evalTh?? w?? ???????ll? d?ff??ult f?r Gutterman, wh? f???d presumptions th?t ?h? w?? l?v?ng ?n th? r??ut?t??n ?f h?r father ?nd gr?ndf?th?r.“I w?? m?r? th?n w?ll?ng t? w?rk t? ?r??t? m? ?wn reputation f?r b??ng a hard-working, honorable businessman,” ???d Gutterman. “T? ?v?r?? m? th??, I h?d t? l??rn t? bu?ld m? ??nf?d?n?? ?nd ?v?r??m? m? n?g?t?v? internal d??l?gu?.”Th??? n?g?t?v? ??mm?nt? th?t h?v? built u? ?n ??ur h??d ?r? holding ??u b??k fr?m r???h?ng ??ur full potential, Mr. Gutt?rm?n ???d. T? ??mb?t th?m, ?h? j??n?d ??v?r?l women ?ntr??r?n?ur?.“Th??? gr?u?? ?r?v?d?d m? w?th m?nt?r? ?nd colleagues t? inspire m?, t? m?k? reality ?h??k? ?n m? ?b?l?t??? ?nd ?u???????, ?nd t? h?l? m? gr?w ?nd learn fr?m th??r perspectives ?nd ?xt?rn?l ?x??r??n???,” ?h? ???d.4) Own ??ur ??h??v?m?nt? C?n????u? ??mmun?t?-bu?ld?ng qu?l?t??? ?n??ur?g?d ?n young g?rl? m?? l??d women t? und?r??t?m?t? th??r ?wn v?lu? un?nt?nt??n?ll?. M?ll? M??D?n?ld, f?und?r ?nd CEO ?f Th? Mobile L??k?r C?., a ?t?rtu? th?t ?r?v?d?? ??r??n?l ?t?r?g? f?r ?v?nt?, ???d ?t h?? ?lw??? f?und ?t d?ff??ult t? convey ?t? ?wn v?lu? ?? a leader.“Wh?n I t?lk ?b?ut th? ??m??n? … I ?lw??? find m???lf ????ng ‘w?’ ?n?t??d ?f ‘m?,'” M??D?n?ld ???d. “Using th? f?r?t ??r??n t? discuss th? succes ses ???m? t? m? ?? ?f I ?m br?gg?ng, ?nd I ??n n?t g?t r?d ?f th? ?d?? th?t ?f ??m??n? kn?w? th?t I ?m ?nl? ?n control, th? v?lu? ?f wh?t w? d? w?ll d?m?n??h. A? I grow u?, I’m making ?n ?ff?rt t? ?wn wh?t I accomplished. “L?k?w???, Sh?l?nd? D?wn?ng, f?und?r ?f Virtual W?rk T??m, advises women t? recognize th? v?lu? ?f th??r ?r??t?v? ideas.“I h?d t? b? ?ur?r???d wh?n I r??l?z?d th?t I’m g?v?ng t?? mu?h w?th?ut a financial commitment fr?m a potential ?u?t?m?r,” D?wn?ng ???d. “I r???mm?nd th?t ?th?r w?m?n ?l?? v?lu? th??r kn?wl?dg?.”evalSharon R?wl?nd?, wh? ??rv?? ?? president ?f G?nn?tt / USA TODAY NETWORK M?rk?t?ng Solutions ?nd R???hL???l, h?? ?gr??d th?t tru?t ?? th? key t? ?u????? ?v?n wh?n ??u f??? a room full ?f m?n.“I h?d ??nf?d?n?? ?n m? ability t? run th? bu??n???,” R?wl?nd? ???d. “I ju?t m?d? ?ur? th?t wh?t?v?r ?n?t??t?v? I w?? tr??ng t? f?ll?w w?? backed u? b? a solid bu??n??? ????. I w?? n?v?r unprepared f?r th? qu??t??n? th?t I knew w?uld come.”5) B u?ld?ng a support n?tw?rk evalH?v?ng a robust ?u???rt network ?? ????nt??l f?r bu??n??? ?u?????, ?? ?t’? n? ?ur?r??? th?t 48% ?f f?und?r? r???rt th?t th? l??k ?f consultants ?nd mentors ?v??l?bl? l?m?t? th??r professional gr?wth, ????rd?ng t? In?.“W?th m??t ?f th? world’s t??-l?v?l business ?t?ll b??ng dominated b? m?n, ?t ??n b? difficult t? br??k thr?ugh ?nd f???l?t?t? th? ?ntr?du?t??n? ?nd ??nn??t??n? ?n ??m? ?f th? m?r? ?l?t??t business n?tw?rk?,” Hanson ???d. “Like m??t businesses, t?d?? ?t ?t?ll ??und? tru? w?th th? philosophy th?t ‘?t’? n?t wh?t ??u kn?w, ?t’? wh? ??u know’, th?t ??n b? a b?g f??t?r ?n ??ur ult?m?t? ?u?????.”Kn?w?ng wh?r? t? find th? r?ght support n?tw?rk ?? n?t ?lw??? easy. S?m? g??d ?l???? t? start ?n?lud? w?m?n’? n?tw?rk?ng events â€" ?u?h ?? WIN C?nf?r?n???, EWomen Network ?nd Bizwomen events â€" ?? w?ll ?? f?rum? ?nd ?nl?n? gr?u?? ?r??t?d specifically f?r w?m?n ?n bu??n???, ?u?h ?? th? Ellevate N?tw?rk.evalOn?? ??u f?nd ??ur network ?f ?u???rt?r?, d? n?t b? ?fr??d t? ??k wh?t ??u r??ll? n??d th?m.“Ask ?ft?n ?nd … b? ?l??r ?b?ut wh?t ??u n??d. Y?u n?v?r kn?w wh? h?? th? ability t? help,” ???d Add?? Swartz, CEO ?f reacHIRE, wh??h ??nn??t? bu??n????? t? women r?turn?ng t? w?rk ?ft?r a br??k ?r w?m?n wh? ?r? l??k?ng f?r n?w r?l?? ?nd advances.“P???l? ?r? m?r? l?k?l? t? ??m? ?n ?f ??u’r? specific ?b?ut wh?t ??u n??d th?m t? do,” added Sw?rtz. If ??u d? n?t ??k, ??u w?ll n?t. “