Having an awareness and understanding of what impacts our financial position now and potentially in the future, allows us to plan, understand the risks and think through contingency planning (sounds like work? It is!).
Authentic leadership: An approach to leadership that emphasises building the leader’s legitimacy through honest relationships with followers which value their input and are built on an ethical foundation. Authentic leaders are positive people with truthful self-concepts who promote openness.
When it comes to team decision-making, we shouldn’t need research to back the idea that more diverse and inclusive environments will lead to better outcomes.
One would think it’s a given. Two heads are clearly better than one. But two different heads are ultimately better than two that simply think the same.
Modern women have learned that career success is not about adjusting to the male-dominated status quo. It's about changing that status quo by embracing what makes diverse perspectives unique, and overcoming the doubts that keep you from reaching you full potential.
No matter where you are in your career, follow this advice from successful female business leaders to help you get ahead.
Becoming a successful entrepreneur takes more than a great idea and important connections (although both do help). Making the shift from the steady life of a full-time employee to the unpredictable world of entrepreneurship requires a shift in mindset that many overlook. In fact, some of the work habits you so carefully honed as a good employee don’t necessarily translate well into the world of an entrepreneur.
According to the Small Business Administration, only half of new businesses will survive to see their fifth year. Making that mental switch from employee to entrepreneur can help you avoid being one of those businesses that doesn’t make it. Here are seven tips for thriving while adjusting to life as an entrepreneur:
When Facebook COO Sheryl Sandberg lost her husband suddenly in 2015, her colleagues weren’t sure how to react. They stayed silent to avoid adding to her pain, and Sheryl, already reeling from the shock and grief, was left feeling isolated and invisible.
It wasn’t until she opened up in a heartbreaking Facebook post that co-workers, friends and strangers began reaching out. It made for a painful, but poignant, lesson – one that the high achiever and bestselling author decided to share. Teaming up with psychology professor Adam Grant, Sheryl drew on her experience to pen a book on grief, Option B: Facing Adversity, Building Resilience and Finding Joy, to help people deal with tragedy and give those around them tools to offer meaningful support.
Four young Australian entrepreneurs have given their top tips for making it big before the time you're 30. The business founders spoke at Macleay College entrepreneurship forum in Sydney.
Their message was simple — the world is accepting entrepreneurs younger and more readily than ever before, so just throw yourself out there. Here are some of the best nuggets of advice given by the women at the forum, as reported by Techworld:
Recent research studying grape growers in Champagne, France, has potentially wider implications for women in business, having shed light on the financial power of informal relationships that develop among women who work in the same industry.
The research, outlined in the Harvard Business Review, focused on a market in which women are firmly in the minority, making up only 14% of the researchers’ sample.
Many of us leave school having learned how Pythagoras measured the area of a triangle but with no financial smarts, and don’t know anything about compound interest, superannuation or how to invest.
When building a company from scratch, two questions will pop up pretty soon into the process: how hard you should work on the idea, and when you should do that work.
There’s a dawning realisation in the startup sphere that burnout is a real threat for entrepreneurs, and employees are incredibly eager to join businesses with a nimble approach to working hours, especially if this means dodging a five-day work week in favour of other arrangements.
Ever been hit by a snowball to the face? Yeah, it stings. Tell you what else stings? Pulling 70-hour weeks while your mates are out partying, gallivanting the globe, or bingeing on the next must-see Netflix series.
In the not-too-distant past, I was an ambitious 22-year old-who had dropped out of my fourth university degree with about $300 in my bank account. My circle of friends was either backpacking the world dodging responsibility, pissing their wage up the wall on a Saturday night, or working in hospitality, spending their hard-earned cash on full-priced Zimmermann and endless cheese platters. Crazytown.
I, on the (very) other hand, didn’t just drop out of university to go down any of those particularly fun routes. I dropped out of university because I was confused about my future. And so, with no money, no experience and no bloody idea, I decided to start my own business.
Despite having jam packed ‘to do’ lists and lots going on, many business owners will inevitably think, ‘Jeez this running a business thing is lonely business.’
A lack of support, a feeling that everything rests on their shoulders, and a sense that there is no one there for them are often fuelling these feelings of isolation.
From the boardroom to home, there is no doubt there are more opportunities than ever to stay connected.
On average, women retire with half as much super as men and full-time female employees take home nearly $27,000 less than their male colleagues.
Yes, women face structural economic obstacles. But there is an opportunity to close the gap by kick-starting the conversation earlier, by engaging young females on all financial topics and by improving access to information that’s relevant and helpful.
Improving the future financial security of all women lies in how we talk to women and what we talk about. Moving the dial requires disciplined action in three areas.
So you've got a brilliant idea for a business. Now what?
Getting a business off the ground isn't just about finding start-up money. Behind the scenes you've got to be able to live and ensure your personal finances don't go backwards.
Today is equal pay day – the day that shows how much longer a woman has to work from the end of the financial year to earn the same as an average man. At Imalia, we believe that society needs to change, at every layer, to redress the imbalance that has been allowed to develop between men and women.
There’s a new force emerging in the business world that not many people are talking about yet, but I think will be on the radar pretty soon: women who have paid their dues in the corporate world and at the age of about 35 decide to strike out on their own and start a business.
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