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Why 75% of Women Struggle to Succeed in Business
Written by: Lorraine PirihiArticle Overview: When you look at the list of what women 'do' in their businesses it looks something like this.. 1. General administration 2. Email 3. Website maintenance 4. Phone calls 5. Marketing 6. Social Networking 7. Client work 8. Bookkeeping 9. Running errands plus much much more. Of course this 'to do' list is similar to what men 'do' in business, however the woman in business is also responsible for the personal side of life. Having children and partners plus take care of the household can consume your day without even going anywhere near their business! The biggest barrier to their success is they often try to 'do' everything themselves, which is impossible. While they are 'doing' the day-day basics, there's no time to work 'on' the business. There's no time to look after their no. 1 asset... themselves.
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Why 75% of Women Struggle to Succeed in Business
When you look at the list of what women 'do' in their businesses it looks something like this:
1. General administration
2. Email
3. Website maintenance
4. Phone calls
5. Marketing
6. Social Networking
7. Client work
8. Bookkeeping
9. Running errands
plus much much more.
Of course this 'to do' list is similar to what men 'do' in business, however the woman in business is also responsible for the personal side of life. Having children and partners plus take care of the household can consume your day without even going anywhere near their business!
The biggest barrier to their success is they often try to 'do' everything themselves, which is impossible. While they are 'doing' the day-day basics, there's no time to work 'on' the business. There's no time to look after their no. 1 asset... themselves.
That's why getting help is essential. If you're a woman in business, you need to look at letting go and asking for help. 'Superwoman' is a myth.
I recall one lady who had three pre-school children who was spending every possible minute working on her business. Well she really wasn't working 'on' it, she was working 'in it'. Mary did everything including packaging orders, bookkeeping, delivery of orders and all the paperwork. She wanted to make more money but she was very reluctant to let go of anything.
She also had the mentality that she couldn't 'spend' money on the business, until she made some first. If Mary outsourced the menial tasks, she would have easily freed up her time and tripled her current income, and been much more happier. The business was a heavy noose around her neck. She was a perfectionist and felt that if she didn't play the part of Superwoman, she would have failed.
Freeing up your time is crucial, however what do you do with that free time? You see most women in business (and also a lot of men) are unsure of what to do next and that's why they keep themselves busy buried in paperwork and general daily busyness.
Identifying what type of help you need is also vital. I recently came across a woman who was struggling to keep her holistic health centre viable. She thought by investing in a special machine for an additional $25,000 which can diagnose various ailments she'd make more money. A new machine wasn't the solution.
The truth was she had no idea how to run her business. She needed a business coach. And it wasn't all about marketing that she needed. Her self-esteem and personal image needed to be addressed for her to be seen as credible.
Lisa thought it would be a 'good idea' to start a small retail store. That way she and her friend could be in business together. So thousands of dollars and hundreds of hours of blood, sweat and tears later she was left with:
a. Her friendship destroyed.
b. A nervous breakdown
c. Her marriage broken up
d. $75,000 of additional debt
e. No chance of having the baby she so desperately wanted
The pretty brochures, advertising costs and flashy website didn't bring in the business. And unfortunately a lot of women in business 'fluff' around and spend time and money in the wrong areas.
So if you want to stop struggling, find out what successful women in business do. Every successful business woman I know continuously gets help through coaching, attending seminars, reading, finding mentors etc. They are on a constant personal and professional development journey.
They also outsource their weaknesses and use their strengths. There is always help available and depending on your needs you can access the help you need very inexpensively. If the assistance you require can be done without being in your office or premises, then here is a very affordable option Click here to find out more.
The Final Word
So what can you do to change your situation? It's the beginning of a new financial year and if you want to achieve different results in your business, you need to do something else.
Article Tags: bookkeeping, email, free time, general administration, having children, household, marketing, menial tasks, mentality, money, myth, noose, outsourced, paperwork, perfectionist, personal side, pre school, social networking, superwoman, women in business
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About the Author: Lorraine Pirihi RSS for Lorraine's articles - Visit Lorraine's website Lorraine Pirihi, The Productivity Queen, is Australia's leading Productivity Specialist and creator of "The Productivity and Profit System TM" the complete one-on-one training program for solopreneurs and small businesses that shows business owners exactly how to work less and earn more! To receive your F.R.E.E. CD & Report "3 Steps to Dramatically Reducing Your Workload and Stress While Maximising Your Profit$! ($77 value) go to http://www.productivityqueen.com
Click here to visit Lorraine's website How to Free Up 10 Hours a Week How to Reduce Stress and Boost Productivity Double Your Profits and Your Productivity With The Right People Overcoming People Problems In Your Business How To Spend More Time With Your Family |
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