{"id":13636,"date":"2016-11-03T21:48:35","date_gmt":"2016-11-04T01:48:35","guid":{"rendered":"https:\/\/margiewarrellold.flywheelsites.com\/?p=13636"},"modified":"2016-11-03T21:48:35","modified_gmt":"2016-11-04T01:48:35","slug":"women-global-business","status":"publish","type":"post","link":"https:\/\/margiewarrell.com\/women-global-business\/","title":{"rendered":"Women Going Global"},"content":{"rendered":"<p>Last week I had the opportunity to facilitate a &#8216;power panel&#8217; of female founders at <a href=\"http:\/\/BusinessChicks.com\" target=\"_blank\" rel=\"noopener\">Business Chicks<\/a> &#8216;Movers and Breakers&#8217; conference. It&#8217;s easy to look at women\u00a0like\u00a0Samantha Wills, Emma Isaacs and Lizzy Abegg &#8211; three trailblazing Australian entrepreneurs\u00a0who have built global businesses from the ground up- and\u00a0assume it was always in their stars; that they have something that you don&#8217;t.<\/p>\n<p>It&#8217;s not true. What <em>is<\/em> true is that each of us can do pretty amazing things.\u00a0We just have to refuse to buy into the stories we tell ourselves about why we can&#8217;t, roll up our sleeves and do the hard yards!<\/p>\n<p>While not everyone aspires\u00a0to build a global fashion\u00a0empire or design jewelry for the stars, <strong>every single one of us can take an idea that inspires us and turn it into something that inspires others.<\/strong><\/p>\n<p>Drawing on the hard-won wisdom these big thinking women had to share, along with my previous interview with Emma Isaacs, founder of Business Chicks, below are eight\u00a0lessons for building whatever it is that lights you up.<\/p>\n<p><strong>1. Be passionate:<\/strong> Building any business requires enormous investment of energy, grit and hard work. So be clear about why you\u2019re up to\u00a0the challenge and <strong>if you can\u2019t put your heart into it, get out of it.<\/strong><\/p>\n<p><strong>2. Define your difference:<\/strong> Know what your brand stands for and how it stands apart from your competitors. <strong>Your value lies in\u00a0what sets you apart.<\/strong> So while you may want to out do everyone else on what they do well, your competitive edge is doing what no one else will ever do as well as you.<\/p>\n<p><strong>3. Communicate your Why:<\/strong> Get your employees on board with the bigger mission you\u2019re trying to serve. <strong>People are hungry to feel that what they do serves a purpose bigger than profit.<\/strong> As Samantha Wills shared,\u00a0&#8220;You need to be always going back to the \u2018why\u2019.\u201d<\/p>\n<p><strong>4. Risk mistakes:<\/strong> Don\u2019t wait to have a perfect plan. Just do what makes the most sense and trust that you\u2019ll finesse the rest as you go along. <strong>Fail fast, fail often and fail forward.<\/strong> As Emma Isaacs shared with me the first time I interviewed her for RawCourage.TV, &#8220;Every minute of the day I&#8217;m thinking I hope I\u00a0can pull this one off.&#8221;<\/p>\n<p><strong>Unless we&#8217;re willing to back ourselves, to lean in to our fear and take the risk we never discover just how much we can do!<\/strong><\/p>\n<p><strong><iframe loading=\"lazy\" src=\"\/\/www.youtube.com\/embed\/itvJhcGthGM\" width=\"560\" height=\"315\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/strong><\/p>\n<p><strong>5. Work from your strengths:\u00a0<\/strong>You can\u2019t be good at everything and if you try to be, you\u2019ll hold your business back. So work from your strengths and\u00a0recruit people to do what you\u2019ll never do well. Richard Branson shared the same advice with me when I interviewed him on Necker Island. <strong>Do\u00a0what you do well and leave others to do what they do better than you ever can!<\/strong><\/p>\n<p><strong>6. Don\u2019t over personalize:<\/strong> Things won\u2019t always go well and people won\u2019t always respond the way you\u2019d like. That\u2019s business. That&#8217;s life. <strong>So don\u2019t take rejection too personally or interpret a mistake as a personal and permanent deficiency on your part.<\/strong> If you&#8217;re forging new ground, you&#8217;re going to get it wrong some times. As Emma Isaacs also shared during our conversation above, &#8220;When things don&#8217;t go as you want, don&#8217;t make a big drama about it.&#8221; Learn the lesson and move on.\u00a0People who achieve the most aren&#8217;t continually avoiding the possibility of rejection or failure.\u00a0They just aren&#8217;t taking it\u00a0personally when their risks don&#8217;t pay off.<\/p>\n<p><strong>7. Ditch your ego:<\/strong> Too much pride can hold your business hostage and keep you from taking the risks needed to forge new ground, admit mistakes and ask for help. There\u2019s no space in a growing business for ego. Not if you want it to succeed anyway. No matter how big \u00a0your business grows,\u00a0it&#8217;s never &#8216;too big too fail&#8217; as we learned in 2008. <strong>Pride is the enemy of learning, innovation and growth.<\/strong><\/p>\n<p><strong>8. Hire (and fire) on values:<\/strong>\u00a0 Management guru Peter Drucker has\u00a0said that &#8216;culture eats strategy for breakfast.&#8217; It&#8217;s why hiring people who will fit with your culture is more important than hiring really smart people who may only undermine it. All three women spoke about the importance of only bringing\u00a0people on board if their values align with your own. <strong>If you get it wrong, waste no time letting go those who don\u2019t fit.<\/strong> The wrong people can be toxic to the rest of your workforce and cost you far more in the long run that cutting your losses as soon as you realize you have a cultural misfit.<\/p>\n<p>The goal of leadership is to find a just balance between competing values and competing goals, but <strong>sacrificing values\u00a0in pursuit of your goals can exact a steep toll in the longer term.<\/strong> As Lizzy Abegg, founder, Spell &amp; The Gypsy Collective said, &#8220;You need to find people who literally get up in the morning and bounce into the office.\u201d<\/p>\n<p><em>Margie has been\u00a0appointed Australia&#8217;s first Ambassador for Women in Global Business by\u00a0the Australian Federal Government. WIBG was created to support Australian business women in<img loading=\"lazy\" decoding=\"async\" class=\" wp-image-13644 alignright\" src=\"https:\/\/margiewarrell.com\/wp-content\/uploads\/2016\/11\/MargieWarrell-WomenInGlobalBusiness.jpg\" alt=\"margie warrell-women in global business\" width=\"291\" height=\"146\" \/> expanding their businesses around the world. To access support and resources, visit www.wigb.gov.au<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Last week I had the opportunity to facilitate a &#8216;power panel&#8217; of female founders at Business Chicks &#8216;Movers and Breakers&#8217; conference. It&#8217;s easy to look at women\u00a0like\u00a0Samantha Wills, Emma Isaacs and Lizzy Abegg &#8211; three trailblazing Australian entrepreneurs\u00a0who have built global businesses from the ground up- and\u00a0assume it was always in their stars; that they [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":13641,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[12,16,17],"tags":[142,154,155,234,333,348,563,571,608,628,852,871,879,903,964,977],"class_list":["post-13636","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","category-women-rising","category-courage-at-work","tag-bravery","tag-business-chicks","tag-business-women","tag-courage","tag-emma-isaacs","tag-entrepreneurs","tag-leadership","tag-lean-in","tag-lizzy-abbeg","tag-margie-warrell","tag-resilience","tag-risk-taking","tag-samantha-wills","tag-self-confidence","tag-stop-playing-safe","tag-success"],"_links":{"self":[{"href":"https:\/\/margiewarrell.com\/wp-json\/wp\/v2\/posts\/13636","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/margiewarrell.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/margiewarrell.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/margiewarrell.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/margiewarrell.com\/wp-json\/wp\/v2\/comments?post=13636"}],"version-history":[{"count":0,"href":"https:\/\/margiewarrell.com\/wp-json\/wp\/v2\/posts\/13636\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/margiewarrell.com\/wp-json\/wp\/v2\/media\/13641"}],"wp:attachment":[{"href":"https:\/\/margiewarrell.com\/wp-json\/wp\/v2\/media?parent=13636"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/margiewarrell.com\/wp-json\/wp\/v2\/categories?post=13636"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/margiewarrell.com\/wp-json\/wp\/v2\/tags?post=13636"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}