I recently read Startup from the Ground Up - Practical Insights for Transforming an Idea into a Business by Cynthia Kocialski. I love hearing from women who have been successful in male dominated fields. Cynthia Kocialski has been involved in more than twenty-four start-ups, all of which have been acquired for almost $20 billion.
While women are starting their own businesses in record numbers, you don't hear as much about women creating "startups." Wikipedia has this to say about startup companies:
Successful startups are typically more scalable than an established business, in the sense that they can potentially grow rapidly. Investors are generally most attracted to those new companies distinguished by their risk/reward profile and scalability.
In my research on the differences between men and women, I've found women business owners tend to grow their businesses more slowly and organically. There's nothing wrong with this business model. But certain businesses could benefit greatly by having a more traditional startup mentality, hiring an executive team and securing funding for faster growth.
Tips from Startup from the Ground Up
These tips are useful for all business owners, but especially for women business owners.