Less than 47 percent of women are part of the global labor force. In comparison, around 72 percent of men are part of the labor force. That is a difference of 25 percent. Some regions have an even greater gap between genders when it comes to labor force participation.
There are many reasons for the disparity in labor force participation rates between men and women. In some cases, cultural and societal norms mean that women are unable or encouraged to work. Women may also face discrimination in the workplace or be confined to lower-paying and less senior positions.
Even though women have made great strides in the workplace over the past few decades, there is still a lot of room for improvement when it comes to achieving true equality in the workplace. While there is no one-size-fits-all solution for success, there are some general things that all women can do to improve their chances of success in their careers.
Develop a Strong Network
A strong network is essential to success in any field. But, it’s especially important for women striving for a successful career. As a woman, you’ll likely face unique challenges that your male colleagues don’t. Having a supportive group of people who can help you navigate these challenges is essential.
Your network can provide valuable advice, mentorship, and support as you work your way up the corporate ladder. It can also help you find new opportunities and keep up with the latest industry trends. And if you ever need a reference or some help landing a new job, your network will be there to help.
So how do you go about building a strong network? Here are a few tips:
- Get involved in your industry’s professional associations.
- Attend industry events and networking events.
- Join online forums and social media groups related to your industry.
- Connect with colleagues and former classmates on LinkedIn.
- Stay in touch with old friends and mentors who can help introduce you to new people in your industry.
Showcase Your Skills
One of the most important things you can do to succeed in your career as a woman is to showcase your skills. This means ensuring that your accomplishments and abilities are well known and understood by those around you. You can do this in several ways, such as through networking, seeking mentors and sponsors, and writing articles and white papers.
The more people know about what you can do, the more likely you will be given opportunities to advance in your career. Additionally, when it comes time for promotions or raises, you will be better positioned to receive them if you have a strong track record of delivering results. So make sure that you take the time to shine a light on your skills, and you will be well on your way to reaching your career goals.
Set Your Priorities
Setting priorities should be among the things women should succeed in their careers. You can’t try to do everything at once, and you can’t let yourself get overwhelmed. Instead, you need to focus on what’s most important to you and go from there.
One way to set your priorities is to determine your goals. What do you want to achieve in your career? Once you know your goals, you can start focusing on the steps you need to take to reach them. And if you have trouble figuring out what your goals should be, plenty of resources are available to help you.
You can also focus on creating a portfolio of investments. This portfolio will include your human capital- your skills, experience, and education – and your financial capital. Your financial capital is what you’ll use to fund your career goals. So, if you’re looking to start your own business, you’ll need to save money to get it off the ground.
Acquiring properties is also a good priority for women who want to demonstrate a successful career. Many women shy away from this, assuming they don’t have the time or the money. And since their finances are not enough to buy properties outright, women can look for mortgage loans from a reputable broker. The broker should offer several options for women who aim to acquire tangible assets.
A little bit of planning will allow you to add properties to your portfolio without breaking the bank. For instance, you can start by investing in a fixer-upper and flipping it for a profit. Or, you can invest in a rental property and use the income to help you reach your other financial goals.
Find a Mentor
Finding a mentor can help women succeed in their careers. A mentor can help guide and advise you as you navigate your career. They can provide invaluable insights and advice and help you make essential connections in your industry.
If you want to find a mentor, start by looking for people who have achieved success in the field you are interested in. Ask if anyone you know has a good mentor-mentee relationship that they would be willing to share with you. The bottom line is that having a mentor is one of the best ways to accelerate your career growth. So don’t wait. Find yourself a mentor today!
No matter what field or level you’re at in your career, following these general tips can help you achieve greater success. With hard work and determination, you can reach any goal you set for yourself.