Financial Fitness and Wellness | Blog - by SARA CHEVERE

How To Measure Your Financial Performance As a Female Entrepreneur in 2020?

According to studies, women-owned businesses have increased by 114% in the last decade, and women own about 39% of firms (held privately) in the United States! 

At the same time, several gender-based obstacles and unfavorable business conditions surround women. Even though they are passionate about driving change, it is not hard to see why women entrepreneurs may be struggling to maintain their businesses.

Despite the growing success of businesswomen and female entrepreneurs in the industry, studies show that women-led ventures are more likely to collapse and not meet their intended goals. This is due to several reasons: lack of professional financial assistance, an inability to follow a financial budget, or investing more resources than needed.

However, this does not mean that they can't learn and get ahead of the game! The 2019 Forbes list of America's richest women included a diverse set of women from many industries such as cosmetics, fashion, technology, and many more!


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Do you have any financial regrets in your life?

Do you have any financial regrets in your life?

At some point in our lives, we feel financial regrets.  Maybe it was something we bought when we shouldn't have one.  Perhaps it is something we should have done, and we didn't.  How about a wrong business decision by you or someone else?

There are a lot of things that we could regret.  

Here are some of my financial regrets...

  1. I cashed out my 401k three times.
  2. I maxed out my credit cards.
  3. I was investing over 100k in potential businesses and lost it all.
  4. I spent all I have saved on stuff and fun.
  5. I didn't start saving for my retirement early enough.
  6. I spent my money in a Real Estate Course instead of using that money for a downpayment. 

Do any of these resonate with you? 

We all have financial regrets at some point or another.  We all have made financial mistakes that we wished we can take back. However, instead of focusing on the disappointment, or the blame, or feeling sorry for...

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