As a female entrepreneur and retired United States Marine, I know what is needed to succeed in a man’s world. Women business owners must stop thinking like a girl. Women are raised to be kind, giving, and modest. Women are pulled in a million directions and often put themselves last. These traits work well when you are a mother and you are attempting to raise children that will become model citizens. However, in the business world women must stop thinking like a girl and adopt a man’s mindset.
My ten tips will help you begin thinking like a man and start running a profitable business.
1. Make decisions based on facts not emotion. Stop feeling guilty. If a business you associate with or supplier is not fulfilling their contract or providing quality services stop allowing them to give you excuses. If friends or family want you to do something that is not a revenue producing activity and you know you need to be focused on revenue producing activities don’t feel guilty saying “no”. Make your decision based on facts and not emotion.
2. Negotiate. Do not be afraid to negotiate for a better deal. You know your budget and your business. If you want something but cannot afford it – negotiate. If you think the price is unfair or unjust – say so.
3. Lead your employees. Stop coddling your employees and allowing them to walk all over you. Time is money. Lead your employees and expect nothing but stellar work from them. Be seen as the leader. Do not let them lead you.
4. Demand Fair Compensation. Stop giving away your services for free. Stop allowing clients to guilt you into lowering your fees. Men would not do this. Men state their fees and expect to be paid. Do not be embarrassed by your fees. Do your homework and know what similar professionals in your industry are charging and expect to be compensated the same if not more depending upon your experience and skills.
5. Boundaries. Establish boundaries for your time and fees. Do not allow friends and family to abuse your time. Adopt a business mindset even if you work from home. Family and friends would not call you if you worked for someone else just to chitchat. They would not ask you to stay home and watch a sick child or run an errand. Establish boundaries so your family and friends stop abusing your time and energy.
6. Think Billable Hours. When attending networking events or attending business meetings learn to balance the conversation between business, current events, and personal. Think billable hours. You are attending the event to promote your business or close a business deal. Use the time wisely.
7. Ask for the sale or business. Stop procrastinating or being afraid of appearing pushy just ask for the sale or business. Stop wasting the other person’s time. If you want to work with him or her state that and close the deal or let the person say “no” and you will then know to move on.
8. Speak with Authority. Drop the whiney voice. Drop the apologetic voice. State what you want or need clearly and with confidence.
9. Learn to say “No”. Say “no” to things that you do not want to do or that you think are unjust. Do not apologize for saying “no”.
10. Be decisive and take action. Make decisions quickly and with authority. Stop sitting on the fence or being wishy washy because you do not want to hurt feelings or you are scared of making a mistake. Make your decision and follow through. Do not apologize for your decision. Make your decision and take action.
Women business owners do not run a profitable business when they do not run their business like a true business. It is time to stop thinking like a mother or best friend and time to adopt a man’s mindset in order to succeed in the business world. My ten tips to stop thinking like a girl will aid you in growing your business. When you speak with authority and adopt a man’s mindset, you will close the sale on your terms. Remember, stop giving away your services for free…no more free.
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Jaynine Howard is the debt free business coach, who teaches business owners how to grow their business and increase their profits while remaining debt free. She provides open and honest feedback to her clients while coaching them on how to turn their dreams into dollar signs.
She is a retired United States Marine and resides in Jacksonville, North Carolina. She is the author of Networking Detox and the upcoming Social Networking Bootcamp starting February 16, 2010.
To get your free e-course Networking Detox: My 5 Secrets to Networking Success visit http://www.networkingdetox.com , email jaynine@coachjaynine.com or telephone 910-539-2810.