Being an entrepreneur can be lonely, hence meeting other women who understand you, both professionally and personally, can make a difference to your business’ success.
Do we really need women's networking groups? Only a few years ago it was claimed that attending networking events was ineffective. There was too much conversation and not enough actions. This view is now outdated, with a recent Facebook study revealing that female founders who are part of a business community are twice as likely to forecast growth, compared to those who are not. Furthermore, female entrepreneurship in Britain is growing and the proportion of women going into business has risen by 45 per cent in the past decade. According to the Centre for Entrepreneurs, for the Under-35s 38% of serial entrepreneurs are women, suggesting that young women are becoming more entrepreneurial.
This surge in female entrepreneurship has resulted in a need to meet, share and learn from fellow business women. As a result, several new female-only networks has launched in recent years, to cater for the younger, entrepreneurial generation who want connections and real tools for their startups. Being part of a network can boost your confidence, give you inspiration, support and advice. Importantly, it can give you vital business exposure and access to funding.
Anna Morrogh, cofounder of women's network Congress London, states that women want to both help and learn from each other, and joining a network gives the opportunity to do both. Congress London hosts bi-monthly large group events for women across all industries with sessions from trained coaches and experts alongside drinks and networking. These events have been on topics such as negotiation skills, investing and presentation skills. The network also meets across London in smaller groups every other week to discuss recent topics and coach one another in a more intimate setting.
www.forbes.com
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