Perseverance, adaptability and growth mentality: those are the three qualities every female entrepreneur needs, as I shared on stage at Slush Singapore 2017 today.
I was speaking on a fireside panel along with the wonderful Shao-Ning Leigh Huang (Partner at EntrepreneurFirst), moderated by the very knowledgeable and charismatic Rob McCargow (AI Programme Leader at PwC).
The fireside topic was on Tales From the Startup and VC Front: “Success is not gender-exclusive – and these women are among the best to attest this,” the summary reads. The goal was to tackle questions like:
- What are the traits that led them to become successful CEOs and VCs?
- Is it true that women are more averse to risk-taking?
- What business leaders and employees can do to grow a healthy and diverse workplace that attract talents and funding?
When asked what advice I would give to aspiring female entrepreneurs, I had three very clear qualities in mind that they should seek to cultivate if they want to be successful in business and life:
Perseverance – Without perseverance, you will not be able to pull through all the dark nights and long days. Success will not come one after the other; rather, it will be interspersed with failures. It’s about sustaining the whole journey.
Adaptability – Be adaptable to changes. In the innovation and startup space, things change very quickly. How you adapt will determine whether you are able to survive in the business or not.
Growth mentality – You need to absorb things, learn from your failures, and build on it. For this you need growth mentality.
It was great to hear of Shao-Ning’s journey from Taiwan and the challenges she faced as a youngster when she moved to Singapore. Many people doubted her ability because of her young age, but she proved them wrong. Clearly she is a fantastic role model to all the aspiring female entrepreneurs out there – one that embodies the three qualities I outlined above.
Slush Singapore was a fun venue to take part in this year and I’d like to thank the organisers for inviting me to share my experiences with the community.
Gina Heng, founder of Miss Kaya and entrepreneur, noticed that the existing financial management services available sounded too complex, filled with jargon and hence too dull.
It is time for a change given the role women play in today’s world professionally and otherwise. Miss Kaya’s mission is to empower women and allow them to achieve financial freedom and live the lifestyles they want.