Oprah Winfrey, Tory Burch, Arianna Huffington and many other women are some of the most successful female entrepreneurs. The immense success of these female entrepreneurs inspired many other women to step in this profession and make a mark.
For those aspiring women, we’ve rounded up 6 of the lessons that these highly successful entrepreneurs have to offer to budding female entrepreneurs:
1. Share Your Story (Oprah Winfrey)
From starting a mediocre career as a show host to becoming a media mogul, Oprah Winfrey has the bragging rights to claim that she is truly a “self-made” woman. Part of the phenomenal success of Oprah Winfrey is associated with her personal story. She never shied away from sharing the emotional pains and professional struggles that she had to suffer throughout her life.
The bitter realities of her life made her come across as a trustworthy and reliable woman and people always associate with something that they can trust. Today, she owns one of the biggest media networks and is the richest Afro-American in the world.
2. Dream Big (Tory Burch)
A fashion designer and the owner of an apparel company by her own name, Tory Burch has achieved phenomenal success in a short time. After completing her education in fashion and art history, she went on to work under the big names like Ralph Lauren.
But she has other dreams as wanted to build her own business. She wanted to make it big in the fashion world and she did with her utmost zeal and passion. She achieved such phenomenal success only because she could dream big.
3. Feel Passionate About Your Dream (Arianna Huffington)
One of the biggest names in the media industry, Arianna Huffington was an accomplished writer and journalist before she jumped into entrepreneurship. She always wanted to revolutionize the media industry and she was able to do it by the sheer force of her passion.
To her, it was a challenging journey that became successful only because of her love for the field of journalism. In her own words:
“If you’re going to start a business, you need to really love it, because not everybody is going to love it. When The Huffington Post was first launched in 2005, there were so many detractors. I remember a critic who wrote that The Huffington Post was an unsurvivable failure. But when you really believe in your product, you are willing to deal with all the naysayers and persevere.”
4. Keep Trying (Sara Blakely)
It took Sara Blakely two years to find a manufacturer who could launch her product in her market. It was a manufacturer from North Carolina who finally closed the deal with her. However, she was denied an approval for her products thousands of time before she found that manufacturer. She recalled the experience in these words:
“Believe in your idea, trust your instincts, and don’t be afraid to fail. It took me two years from the time I had the idea for Spanx until the time I had a product in hand ready to sell into stores. I must have heard the word “no” a thousand times. If you believe in your idea 100%, don’t let anyone stop you! Not being afraid to fail is a key part of the success of Spanx.”
5. Make Your Own Identity (Cher Wang)
Cher Wang was born with a silver spoon in her mouth. Her father was a tycoon in the petrochemical industry. Being the daughter of a big shot, she could have easily taken over the multi-million business of her father but she had other plans. She wanted to carve her own identity and has the ambition to build a business in the computing industry.
She pursued her dreams and launched VIA Technologies in 1987. The company manufactured integrated circuits (ICs), motherboards, and CPUs. But it was when she founded HTC Corporation that she achieved true success in business and today it is one of the leading smartphone manufacturers in the world.
With her passion and perseverance, Cher Wang was able to create her own identity in the business world. Her immense success is a result of her relentless hard work and not because she is a daughter of a tycoon.
6. Resilience Always Pays Off (J. K. Rowling)
The heart-melting story of J K Rowling is an inspiration for every struggling woman who wants to earn a name in business. After a failed marriage and the death of her mother, she was at the mercy of state welfare program to fend her family.
However, the turbulence in her life didn’t stop her from achieving her dreams and she went on to write Harry Potter series that made her a sensation within five years. Today, Harry Potter has become a household name in fiction genre and many movies have been made on the novel. The phenomenal success of the novel made J K Rowling one of the richest book authors in the world.
Success is a hard thing to achieve. In this male-dominated world, it takes a woman a good deal of hard work, commitment, and dedication to run a startup and make it a success. Hope, the aforementioned examples of the successful female entrepreneurs could inspire you to launch your startup and you could run it successfully by learning from their lessons.