Approximately 5% of large corporations in Africa are led by high-performing female founders and CEOs. Getting advice and guidance at this level is tough, especially from fellow colleagues or friends who may have their own agenda.
Women have always had an entrepreneurial and hardworking spirit. History reveals self-sufficient women who have brought up their families singlehandedly, educated their children, and cared for all their needs. What seems to occur is working just hard enough to make ends meet, with only a few women creating massive enterprises that play an essential role in economic growth.
This was the past, and the future is revealing a change in direction. More women are getting a seat at the executive table in the 21st Century. In America’s largest corporations, the Fortune 500, there were 37 companies with women at the helm by 2020. This amounts to approximately 7% of women leading organisations.
In Africa, just like in America, more women are rising as business founders and CEOs for highly impactful businesses. A study by the Africa CEO forum revealed that women make up only 5% of CEOs of big corporations in Africa, with the percentage varying from one country to another. As a woman in these high-impact positions, it can be challenging to find female peers that are like-minded with an inside understanding of corporate and personal challenges.
The Power of a Niche Group
There is so much help available for all types of situations. When facing a challenge in the workplace, workers can seek out HR staff to seek advice and reassurance. Workers can also speak to their bosses for direction and guidance on the completion of tasks.
For personal issues, there are older and wiser family members who can share advice from their experiences on the facts of life. Even outside the family, therapists can help people work through their issues and find appropriate solutions.
Women founders and CEOs find it tough to get help when they need it or bounce off ideas. In the male-dominated workplace, a woman seeking out help can be presumed weak. Women work harder than men to be taken seriously and gain respect for heading or leading extraordinarily successful corporations. However, even the most resilient, brilliant, high-performing woman requires a safe space to get support, guidance, and advice.
Masterminds are niche groups that make this possible. When going up the corporate ladder or starting on the journey of entrepreneurship, high-performing women seek out mastermind groups with individuals to help them climb the ladder. After achieving considerable success, the focus shifts towards doing something more with life, achieving more and building a legacy.
This is when a niche group of like-minded women, at the same level becomes an advantage and necessity. In this type of mastermind group, some individuals are not intimidated or in awe of success. This makes it possible to see the bigger picture and get critiques from successful individuals who feel free to share their advice.
Take Action
Accelerate Mastermind is a highly interactive mastermind group that includes high-performing Pan African female founders and CEOs. This group brings together like-minded women seeking to explore what happens following incredible career and financial success.In addition to offering the right support, you will discover self-empowerment tools that will take you to the next level. Discover more and expand your horizons.
Sign up for the Complimentary Accelerate Mastermind Session and join a group of women that care about you from the inside out.
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