Magnus Okeke

Product Manager, Content Creator, Customer Support

Career Women Series I: Making A Career Woman

Courtesy: voice-online.co.uk

A career woman is a woman who takes pride in her career, who chooses to work and often who is successful at her job. Every woman would love to be a career woman but not all of these “wannabes” end up successful, really. We can’t really pinpoint what went wrong on the way but usually, most individuals always has excuses ranging from all kinds of relationships with people or financial supports.

“This generation of young African women is the most ambitious yet. They are eager to build industries, reform societies, save lives, rewrite history, and transform the continent.”   — Forbes

Starting The Startup

There is a saying that “Anytime you seriously want to start is when you will start” and that is true. What is important is that you just have to get up and begin. You will come out successful, especially when it’s what you love doing.

1. Have An Idea: It might be something you’ve always wanted to do or something you feel people will need. It might even be something people do not know they need. The routine is not to create a business plan (it’s part of it though) but to have an idea of what you want to do or start. Do not frown at your ideas just because the world has not seen it, the people with the most ridiculous ideas are always the people who are most certain of them.

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2. Take A Step Further: Define Your Goals. Do you want to build and sell or just start up a small business. Create a working name and the kind of assistant you need, including the kind of workers you want.

3. Make A Decision: Ask your self if you’d like to manage the business alone or get a partner. If you’d like a partner, start with reliable person or the business might crumble before you know it.

4. Write A Business Plan: Write a Business plan! It is important.
“A business plan helps to define what you think you need to launch your business, large or small. It summarizes the sense of your business in a single document. It also creates a map for investors, bankers, and other interested parties to use when determining how they can best help you and to help them decide whether or not your business is viable. There are seriously good books available on writing business plans that cover many chapters, and you should avail yourself of at least one of these as a guide (bookshops, libraries and online are good places to find these)”

  • Describe the overall business concept, how it will be monetized, how much funding you will need, where it stands currently, including its legal standing, people involved and a brief history, and anything else that makes your business look like a winning proposition
  • Who will you be selling to, and how will you deliver your product? If you are a corporation, LLC (Limited Liability Company), or sole proprietor ship, state that, and why you chose to go that route. Describe your product, its big features, and why people will want it.
  • You must know your market if you are to be successful, so spend a great deal of time analyzing just who it is that will want your product, and how you plan on appealing to them to take cash out of their bank account and give it to you.
  • As you develop the above sections, you will learn who your key competitors are. Find out who is doing something similar to what you are planning, and how have they been successful. Just as important is to find the failures, and what made their venture fall apart.
  • Write your development plan. How will you create your product? Is it a service that you are offering, or if it’s more complex—software, a physical product like a toy or a toaster—whatever it is, how will it get built? Define the process, from sourcing raw materials to assembly to completion, packaging, warehousing, and shipping. Will you need additional people? Will there be unions involved? All of these things must be taken into account
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— Wikihow

In our next post, we would share other topics in this series: The Challenges and Myths Of Facing A Career, Balancing Your Career with Home, Some Quotes And Career Advice From Some Successful Women
 
After all the mentioned. You could set up who will lead, and who will follow. Define your organization, from the receptionist up to the CEO, and what part each plays in both function and financials. Knowing your organizational structure will better help you plan your operating costs, and fine-tune how much capital you will need to function effectively. Keep in mind that your business will continue to evolve and that this will be a rough idea of who is needed to keep things functioning; as the business grows, you’ll likely make changes to the hiring plans to fit what is happening at the time. Also, in a number of cases, the “staff” is you and whomever you can consult, such as your lawyer and accountant. This is fine, as long as you show that you’re prepared to pay for external advice and help until your business is ready to take on staff.

Credits: Wikihow/Google

Career Women Series I: Making A Career Woman
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