{"id":3774,"date":"2022-11-29T09:15:12","date_gmt":"2022-11-29T01:15:12","guid":{"rendered":"https:\/\/dailymarkup.com\/?p=3774"},"modified":"2022-11-29T09:15:13","modified_gmt":"2022-11-29T01:15:13","slug":"daily-markup-642-entrepreneurship-may-not-be-a-bed-of-roses-so-here-are-5-tips-from-penny-choo-of-bloomthis-to-help-women-leaders-grow","status":"publish","type":"post","link":"https:\/\/dailymarkup.com\/?p=3774","title":{"rendered":"Daily Markup #642: Entrepreneurship may not be a bed of roses, so here are 5 tips from Penny Choo of BloomThis to help women leaders grow!"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh5.googleusercontent.com\/1zx2SWWeAnCWdz6NTnvmCqlLj02WPtLylpiGEulz5PvjjNZEM0k01c5Pc5yKvWQSByvloNWTCSJKaJGKyEdHk_c-CSUVrinTUZofuTZG7IyZLforp6OIY2pCupQdn5_6NV1vw3QQ4uj5GGKDvLpgS6XvhMA6xJjdRq2iPeKPHsS6UpbX47UyMuLni7fsgg\" alt=\"\" \/><figcaption class=\"wp-element-caption\">Credit: BloomThis<\/figcaption><\/figure>\n\n\n\n<p><strong>Uplifting women, uplifting economies<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\u201cTry naming five famous female entrepreneurs that you know in five seconds,\u201d said Penny Choo, Co-founder &amp; Managing Director of 500-backed e-gifting platform <a href=\"https:\/\/bloomthis.co\/\">BloomThis<\/a>.<\/li>\n\n\n\n<li>Did you struggle? \u201cIt\u2019s okay,\u201d Penny added. \u201cBecause globally only 4 in 10 entrepreneurs are female. In Malaysia, the figure is about 2 in 10.\u201d<\/li>\n\n\n\n<li>So, against the odds, <a href=\"http:\/\/bit.ly\/3ODbSGf\">how can women entrepreneurs rise and thrive in the startup world<\/a>? Penny offered five tips.<\/li>\n\n\n\n<li><strong>Refuse to be intimidated. <\/strong>Penny believes that all founders, men or women, need to recognize that they are qualified with different backgrounds and strengths. \u201cWhen you feel small, then you act small. When you feel confident, your actions will follow too,\u201d she added.&nbsp;<\/li>\n\n\n\n<li><strong>Grow boldly into high-value segments. <\/strong>A study by International Finance Corporation (IFC) found that although women comprise half of the active e-commerce vendors in Southeast Asia, they tend to run smaller scale businesses in high-competition, low-value segments. Investing in women has the potential to add billions of dollars in e-commerce in Southeast Asia. Which brings us to the next point\u2026<\/li>\n\n\n\n<li><strong>Get trained.<\/strong> Even the most experienced companies need to keep updated with the latest skills and technology to stay competitive. \u201cWhat do you or your team need to level up your game?\u201d Penny asked.<\/li>\n\n\n\n<li><strong>Leverage entrepreneur groups for support.<\/strong> Drawing from her own experience, Penny said, \u201cFor a female entrepreneur trying to get your startup going, one of the best ways to get noticed and support is to network with other female founders.\u201d<\/li>\n\n\n\n<li><strong>Increase inclusive policies and funding.<\/strong> The role women play in economic development will benefit organizations and the economy. In fact, studies have shown that women-run businesses deliver higher revenues and returns. That said, Penny added that she is not for tokenism, but rather, grants and opportunities should be given according to merit.&nbsp;<\/li>\n\n\n\n<li>Read the full piece <a href=\"http:\/\/bit.ly\/3ODbSGf\">here<\/a>.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Uplifting women, uplifting economies<\/p>\n","protected":false},"author":5,"featured_media":3775,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","footnotes":""},"categories":[322],"tags":[434],"class_list":["post-3774","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily","tag-bloomthis"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Daily Markup #642: Entrepreneurship may not be a bed of roses, so here are 5 tips from Penny Choo of BloomThis to help women leaders grow! - Markup<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dailymarkup.com\/?p=3774\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Daily Markup #642: Entrepreneurship may not be a bed of roses, so here are 5 tips from Penny Choo of BloomThis to help women leaders grow! 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