Eight Ways Female Entrepreneurs Can Support Other Women In Business
It’s no secret that having the support of other leaders can make a major difference to a person's entrepreneurial success. When your network contains others who can identify with your struggles, they can then help motivate you from a personal perspective and deliver timely advice when you need it most.
For years, women have been making massive strides in the realm of business, reaching further and higher than ever before—and the support of other female entrepreneurs is a great way to boost that growth even further. For tips on how to show your support, eight leaders from Young Entrepreneur Council discuss how female entrepreneurs can better support fellow women in business and create pathways for change.
1. Invest In Women-Owned Businesses
Female entrepreneurs should invest in women-owned businesses. Yes, we should mentor up-and-coming female entrepreneurs and offer any advice we can, but ultimately women need funding for their businesses and the unfortunate fact is that most of that funding is still going to companies created by white men. My goal, if I ever sell my business, is to use the proceeds to invest in as many companies started by women (and specifically women of color) as I can because that seems to me to be the most impactful thing we can do to actually change the makeup of who runs companies. - Kelsey Raymond, Influence & Co.