The Pros of Running Your Business Like a Girl
Turn your unique strengths into successful business strategies with these four tips
By Sarah Pierce
| October 14, 2005
URL:
http://www.entrepreneur.com/management/leadership/businessstrategies/article80446.html
"You throw like a girl!"
How many times have you heard something like this? Accusing a
person of doing something "like a girl" has become so
common that even women are guilty of saying it--despite the
negative connotations it holds toward females.
In her new book, How to Run Your Business Like a Girl,
Elizabeth Cogswell Baskin turns the idea of doing something
"like a girl" on its head by exploring common female
traits and how women entrepreneurs--and all entrepreneurs--can use
them to their advantage when running a business.
In her interviews with women business owners she found that
women tend to use three unique strengths more than their male
counterparts: trusting their intuition, focusing on relationships,
and putting more emphasis on life balance.
"The irony of those [traits] is if you're running a
business based on those sorts of priorities, then you make
decisions that look like really soft business--because you're
basing [your decisions on] your gut or something that just feels
right. But when you look more closely at all of the women in the
book doing things, they turn out to be very smart business
[decisions]."
So how can you use these three unique strengths to your
advantage? Baskin explains:
Trust your gut. Women are much more likely to make a
decision based on a gut feeling, Baskin says. They'll often
pull the facts and figures necessary to back up that feeling, but
they generally know what they want to do based on intuition. The
main area you can use this to your advantage is the hiring
process.
"Women pick up on a lot of cues that men might miss, which
are more subtle cues. A lot of times somebody will look great on
their resume but when they're in your office, you just
don't feel like they're the right fit."
Baskin urges women to trust this gut reaction in the hiring
process. "There's so much that goes into picking the right
person for your team--it's not just a black-and-white resume
question. It's also a question of how that person will work
with other people and how that person will fit with your clients,
the tone of your company, and what you want to project."
Build strong relationships. Men tend to play a friendly
one-upmanship game and are much more interested in showing their
dominance in and out of the business arena. "Women," she
says, "are much more interested in establishing a
connection."
So what does that mean? In business, that means women are less
interested in proving they're the big tough boss, and more
interested in establishing nurturing relationships with their
employees, clients and vendors. This is a strong trait to have when
building a business, Baskin says, because not only will you develop
loyal employees, you'll also make connections with people
through your clients and vendors who'll later refer you
business.
"On the other hand," Baskin says, "a lot of us
grow up as little girls being taught to be nice, and we want
everybody to like us. And the fact is, being the boss and always
being the most popular just don't go hand in hand."
Baskin advises women entrepreneurs to not be afraid to be the
boss--you can be a strong leader without being labeled as
"bitchy."
"One way to approach it is to lead with both strength and
humility--and I think it comes naturally to women to apologize when
you screw up or come down too hard on somebody. All of these things
lead back to running a business in a more human way."
You can find a balance between work and life
"A lot of the women I interviewed for this book cited life
balance--or quality of life--as their reason for starting a
business," Baskin says, pointing to their desire to find a way
to juggle family and work.
If having more time for your family is important to you, find a
way to work that into your day. "It's not so much how much
work you do, but being able to decide when you'll do it,"
she says.
Baskin cites several business owners she knows:
"There's a huge number of parents who are doing this kind
of post-bedtime shift; they'll be out of pocket for the
afternoon while they're taking the kids to stuff, and then
you'll see all these e-mails that come in at midnight and 2
a.m. because they're working late to get stuff done."
Baskin warns though not to buy into the 27/7 hype.
"There's no reason you can't build a really strong
business working 40 hours a week or less and have life balance. If
life balance is important to you, you can build it into your
business."
And on a final note, Baskin offers one more piece of advice to
women in the early stages of their business:
You don't have to know everything. People tend to
look at other successful business owners and assume they have it
together and that they've always known what they're doing.
That's just not true, Baskin says. "It's amazing how
many women say they didn't know anything when they
started their business."
Don't be afraid to ask for help--you don't have to be
perfect at everything.
"Don't think you have to do it all by yourself. The fun
part of being an entrepreneur is you get to run the business by
yourself, but that doesn't mean you can't have a huge group
to support you. People love to help startups, and you'll only
be a startup for so long," she says. "Call people you
think won't give you the time of day--heroes in your industry
or people who've done things that are meaningful or impressive
to you--and ask for help. People like to be the expert and mentor
other people."
If you would like to learn more about Baskin's new
book, How to Run Your Business Like a Girl, visit her
website at www.runyourbusinesslikeagirl.com.
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