5 Vital Business Skills Every Woman Needs

There are vital business skills women (and indeed men) can benefit from throughout a successful career. Certain skills are critical to success in many fields but aren’t always as evident. From time management to critical thinking, here are just a few.

Productive Business Trips

Taking business trips is one of those things that you either love or hate. However, for some jobs and sectors, it is necessary. Meeting new clients, providing expert customer support, and pitching ideas to investors are a few reasons why you may need to travel for business. But travel can be draining, so how do you stay productive? With short term housing, you can forgo your stay at a hotel. There go unwanted noises, unremarkable food, or uncomfortable bedding!

Managing Time Well

Even with 24 hours in a day, it can seem like there isn’t enough time to get everything done. Organizing and time-management are skills that many women forego developing. But it is one of the most valuable skills for any businessowner. Beginning with simple planning, you can cultivate time management skills and trust that something remarkable will happen. Breaking the workday into segments is also a useful tool. And some people also prefer to work in time blocks, even applying the Pomodoro method as they go!

Soft Vital Business Skills

So, you studied hard, worked at your craft, and got the job you wanted. Well done. But you probably got the job not because you were the best at doing something, but for the soft skills you have. Ninety-two percent of recruitment experts believe soft skills are just as vital as hard skills. Soft skills are the ones  you use to get the job done through planning, coordination, and organization. Soft skills such as communication and collaboration will help enhance your business setup. 

Critical Thinking and Emotional Intelligence (EI)

You can technically class the these as soft skills. Critical thinking and emotional intelligence are vital skills you can work on for professionsl or personal reasons. Most people have these but some just use them better than others. Critical thinking is when you are able to use your logic to come to a conclusion. EI is a valued and one of the most vital business skills because it allows you to manage your emotions and understand the feelings of others.

Financial Management

Knowing how to plan and execute money matters and teach your team to do the same are vital business skills. However, you don’t need to study like an accountant! A simple understanding of bank transactions, basic math, and filing tax returns is all you need to get started. Additionally, you can use apps like Quickbooks to help you along the way as your buiness grows. Filling in transactions manually takes some time. Luckily, these apps can link to bank accounts and even create tax returns for you!

Summary

Productivity and motivation on trips are business skills women need. However, women buinessowners can also use inherent soft skills such as communication. Of course, financial management is often overlooked, but it is a valuable skill for the solo female entrepreneur.