It’s hard not to notice the current circumstances in which the tech field finds itself in. Prior to the pandemic, a growing tech sector was riddled with disproportionate representation of women and other minorities. As the pandemic set in, the tech sector seemed to grow just as quickly as the Covid-19 cases and so did this disproportionality. Though the pandemic may be nearly over, the tech business continues to grow. How can you buck the trend and make a difference in the tech community? Open your own tech business! Make a difference in the tech world and become a new start-up tech owner. Here are a few tips brought to you by Women Love Tech which will help you start up that new tech business!
Find Your Niche
Find what you are good at! It is always great to start out with your strengths and work off of them.
What have professionals or colleagues said you do well at? What have you been successful at in the past? After finding what you feel are your strengths, list out what weaknesses you think you have. Successful business owners may go different ways at addressing their weaknesses. Some may go back to college and get a degree, others may attend leadership conferences, and some may work on networking. Whatever way you choose, the valuable insights that you gain will prepare you for the future as a new business owner.
Gather that Money
This step might be the most daunting of opening any business and is known as a real leap of faith. Though it may seem like a scary step, there are many options that small business owners can use to ensure they gather enough funds. Like any small business startup, you can explore traditional Small Business Administration loans and lines of credit. Crowdfunding has become a recent popular form of gathering money as well. But according to Women Love Tech, the most unique way to gain funds is to look into funding programs intended to support the rise of business owners who are women or minorities. This is a great way to find hidden funds so make sure you do your research!
Build Your Brand
Network network network! Reach out to other female or minority entrepreneurs. Attend conferences, conventions and job fairs. Don’t be afraid to branch out into other industries to ask for insight or opinions on business matters. Seek other business leaders with diverse interests and skills. Utilize social media like LinkedIn and Instagram. Be a recognizable face on your socials, in your local community, and thrive as a new business owner!