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Pleased Worldwide Girls’s Day!
In the present day Maggie Sellers is right here to offer us her recommendation for feminine entrepreneurs, particularly those who’re sick of ‘The Boys Membership.” You understand the one – the male dominated membership that intimidates, degrades and condescends their feminine colleagues who’ve simply as a lot information, simply as a lot expertise, carry simply as a lot worth and just do as a lot work as them. After all that’s a generalization however The Boys Membership is an actual factor. Let’s not even get began on the pay grades.
In any case, it’s Worldwide Girls’s Day and we thought Maggie Sellers was the right lady to offer some recommendation for ladies in enterprise. In case you have but to fulfill Maggie she has an incredible e-newsletter that Lauryn can’t get sufficient of, is a media entrepreneur, angel investor, startup advisor and creator. Having skilled The Boys Membership herself she is right here to offer us her prime suggestions for ladies feeling intimated in enterprise who wish to step into their genuine energy.
With that, let’s welcome Maggie to the weblog.
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Hello!
I’m Maggie, founding father of Sizzling Good Wealthy and HSR Ventures. I’m a multi-hyphenate media entrepreneur, angel investor, startup advisor, and creator. I truly hate having to so intently outline who I’m as a result of I might a lot relatively be recognized for what I do.
In case you’re new to Sizzling Good Wealthy, it’s my aim and life’s function to empower the subsequent era of girls in enterprise by creating entry and democratizing the schooling, business insights, and private {and professional} growth abilities required to interrupt via and get forward all whereas turning into the most popular, smartest, richest model of your self.
All of it occurred so organically. I received actually uninterested in being in my masculine power, manipulating my genuine self to carry out in enterprise once I was confronted with the sobering realization that even with the enhancements we’re making, ladies nonetheless solely get 2% of VC funding. Much more sobering once you understand that the startup math ain’t mathing. We (ladies) management 85% of shopper spend within the US!!! It dawned on me that possibly if we cease making an attempt to vary who we’re as highly effective female power, we’ll create the change that’s so desperately wanted for ladies to rise above and win. Sizzling Good Wealthy by Maggie Sellers is my firm but it surely’s additionally a motion, consider Barbie IRL.
When Lauryn requested me to come back on TSC weblog for IWD, I used to be past flattered and knew precisely what to talk about – My Prime 8 Ideas for Girls in Enterprise who’re Intimidated by the Boys Membership and Wish to Step Into their Sizzling Good Wealthy Energy. So with out additional ado, right here’s what I’ve discovered over the primary 10 years of my profession breaking into the startup and enterprise capital “boys membership” so that you can apply and step into your scorching good wealthy genuine energy.
Maggie Sellers’ 8 Ideas for Feminine Entrepreneurs
Speak Properly To Your self
I want I had figured this out earlier as a result of I’d be a lot additional forward. Moving into your energy solely occurs once you consider it would and it’s inevitable. Your future is the self fulfilling prophecy you inform your self each single morning and for those who don’t consider you are able to do it, nobody else will both. This is step one to creating it occur and getting the braveness to dream large and take large swings.
Discover Your Individuals
I at all times advocate that entrepreneurs discover different entrepreneurs in related levels vs. making an attempt to community and develop with folks a lot additional forward or behind them. That saying “all boats rise with the tide” is so true. I’ve seen it occur in each business I’ve been part of and it’s no completely different as an entrepreneur. Relationships are two dimensional and for those who aren’t capable of provide one thing of worth to folks a heck of quite a bit additional forward than you, their participation and influence will doubtless cease at their title being concerned. On the flip facet, for those who discover different entrepreneurs in related levels with a distinct focus (not aggressive), you’re capable of have eyes and ears in additional locations, making connections and scratching one another’s backs all the way in which to the highest.
Lean Into Your Distinctive Superpower
No one is you and that’s your superpower. Remind your self of that. You carry one thing to the desk that others can’t and it’s not replicable. Girls management 85% of shopper spend, but we solely obtain 2% of enterprise {dollars} however I’ve a giant feeling that our energy is just going to continue to grow as we preserve constructing WITH one another and make the most of our superpower that makes us distinctive and such nice customers. Keep in mind that considering otherwise, leaning into your female power and perspective, and leveraging your life experiences is a differentiator in opposition to the boys membership. So use it and don’t draw back!
Take Dangers, Personal Your Personal Expertise (and Your Narrative)
Among the finest items of enterprise recommendation I’ve gotten is to “at all times personal the narrative,” good or dangerous. It’s alright to take dangerous bets for those who’re okay with getting it improper. BUT what gives you the boldness to maintain swinging is what you do subsequent. Lean into the expertise after which craft and inform a rattling good story as to what you discovered and what you’re doing otherwise this time. Individuals have a tough time arguing with somebody who’s sincere and susceptible and for those who personal your mistake or failure earlier than others do, they actually don’t have anything to say.
Be Direct; Discover Quick No’s
Don’t be afraid to ask for what you need and deserve. The second neatest thing in enterprise to a “sure” is a quick no. Don’t waste your time. Get a no and transfer on to search out that sure.
Know and Construct Your Price
Individuals will deal with you precisely the way you allow them to. I let the boys membership push me round for a lot too lengthy at one job considering that if I labored arduous and let the outcomes converse for themselves, issues would change… and I used to be improper. After getting strung alongside for months and obligations stored piling on, I gave an ultimatum. Both you pay me my price, or I give up. I by no means thought he’d let me depart however I used to be improper. I left the subsequent week and not using a plan and had 60 days to discover a new job or risked getting deported again to Canada. Though scary on the time, it actually allowed me to degree the fuck up in my profession and wager on myself as a result of I knew my price was far better than how I used to be perceived in that position.
Artwork of Battle
I’m an enormous believer in learning historical past and essentially the most impactful and influential technique textual content in East Asian warfare is The Artwork of Battle. The factor I come again to most is “if you end up weak seem sturdy and if you end up sturdy seem weak,” particularly because it pertains to the boys membership.
Play Good and Win
Enterprise is a sport with no outlined guidelines or finish level. It’s a scary factor each single day as a result of there’s a lot unknown and fixed change. It’s additionally the most effective sport you would ever play (IMO). I attempt to at all times play good and do issues as a result of it’s the precise factor to do, realizing that it’s going to come again to me 10 fold. I do suppose preserving your eye on the prize and having a really clearly outlined aim and dealing backwards from there means that you can win, even when it means you’re iterating often.
In case you loved the following tips I’d love so that you can grow to be a part of the HSR group and observe me on TikTok @maggiesellers_, Instagram @maggiesellers, and subscribe to my weekly e-newsletter to proceed to get all the key suggestions and hacks to turning into Sizzling Good Wealthy.
Maggie xxx
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Hope you discovered the following tips helpful. In case you liked Maggie’s suggestions you’re going to like her e-newsletter. Make sure you subscribe for the most effective enterprise suggestions straight to your inbox.
x, The Skinny Confidential crew
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