7 Success Factors of Female Entrepreneurs
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Become a Successful Female Founder
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Factor 1: Build a Strong Network & Make It Work for You2 Topics
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Factor 2: Take Smart Risks & Conquer Your Fear of Failure3 Topics
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Factor 3: Find the Right Co-Founder & Dedicated Startup Team2 Topics
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Factor 4: Think Positive & Believe in Yourself3 Topics
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Factor 5: Listen to Your Intuition4 Topics
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Factor 6: Practice Self-Care & Take Time For Yourself
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Factor 7: Think About Funding Early & Have a Profitable Business Model4 Topics
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Define Success On Your Own Terms
Do You Need a Co-Founder?
Transcript
Collaboration and co-funding. It all has to do with what is your project. In my case in BlueBenu, we are four co-founders in the Valkyrie, It’s me alone. So I have both sides of having co-founders, not having co-founders. The good side of having co-founders is because, on this project here that we are four co-founders, it’s a massive project, is extremely ambitious and you need a gigantic set of skills.
It’s humanly impossible for just one founder [to] be able to do business, tech, chemical and partners and everything and actually take this start-up and do the event and everything. It’s too much for one person. So this project here needs four co-founders and we get along, of course, we are humans.
Humans are difficult for you to talk about it. It doesn’t matter if it’s a cofounder, our partner or our stakeholders. Human relations are hard. Science is hard, but humans are harder and it’s good to have co-founders because you also learn how to develop these human relations.
Not having co-founders on the other project that I have, it was okay, because the set of skills that I need for this project, I had it. So I could develop the courses, I could share the skills, I could make the videos, I could add, I could write. So for me, it was okay but at the same time? It’s, of course, easy to make decisions because I make [take] the decisions, I can disagree with myself, but it’s my decisions. But at the same time, it’s a bit lonely. It’s a balance.
You need to see if you need co-founders or if you don’t need co-founders. I always go for it. If you need a big set of skills, If your project is big and ambitious, you should get a co-founder. It’s always nice to have somebody, even if it’s somebody for you to scream at, because then you have different opinions, and sharing is amazing. You can learn so much when you share with people. So having co-founders, it’s really good. Of course, don’t get 20 of them because then becomes a party and a mess. But if you have a small project with your knowledge, your set of skills, then maybe it’s important for you to go solo.