Advice for women in business

Interview with...

Pam Bader, Molly Maid CEO 
About:
On the challenges faced by women entrepreneurs, and how women in business can overcome them. Pam also reveals her experiences and how she prospered in a male-centric environment
Location:
By phone
When:
March 2010
Pam Bader, Molly Maid CEO

Pam Bader on the difference between women in business and men in business...

“I think women come to us not knowing if they can do it; men normally come to us thinking they can. I think that’s the biggest difference.

“Women lack confidence and sometimes have low self-esteem, so we really have to build that with them.

Women love it when they’re earning more then their husbands and that really motivates them

"Also once women start making money they love the financial independence. They love it when they’re earning more then their husbands and that really motivates them.”

On what attributes are important for women to succeed in business...

“I think there is still a glass ceiling. Young women today think it’s all equal and it’s not at all.

It took me 10 years to get in the British Franchise Association because it was very male-dominated - although it’s still quite male-dominated.

“Women must to be more skilful, and I suppose politically astute, to get on in business.”

On what Pam credits her achievements to...

“I was asked to get involved in government, which I did, and it was a huge learning curve to understand what people were talking about. Every industry has its own, different language so you go there thinking, ‘I don’t know what they’re talking about!’

“I was the only women there with all these gentlemen who were very high powered, and after the end of the first presentation I said, ‘I’m sorry but I didn’t understand a word.

“I’m not going to spend my time sat here hour after hour if I don’t knowing what you’re talking about!’ You have to stick your head above the parapets."

On the advantages of being a woman entrepreneur...

“I think that women can juggle more balls in the air. I think we can do numerous things at once because we have to. Women have to manage many roles: being a wife, being a mum and looking after your parents and your husband's parents.

“Women have other issues and a caring side they have to fulfil even when they’re running businesses. They have to be more versatile and be able to keep many priorities going, which I think they cope with very well.”

 

1 comment about this article

comment by Sharon Cain
Excellent advice Pam - I would also add to this that women in business are extremely supportive of each other and will go more than the extra mile to accelerate each other's companies to the next level. They are likewise great listeners which is critical - particularly in today's climate. Being commercially astute and financially savvy are also important attributes for women to prove their credibility and business worth. You made a very good point about lack of confidence - for the last 4 years I have been facilitiating pro bono development forums for emerging female entrepreneurs and the biggest stumbling block for many is their own self limiting beliefs. How can we help women to boost their self esteem for the great good of themselves and the business community?

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