31 Hong Kong Women Entrepreneurs Share Their Advice On How To Start A Business.

Starting a business is a challenge for anybody but for women in Hong Kong there are unique challenges and opportunities.

This an expensive city and the market is very competitive. Two thirds of Hong Kong managers and administrators are still male according to the 2016 census report.

And this environmental background can make things difficult for women trying to establish themselves in business management, let alone ownership or as entrepreneurs, according to a study by the Women’s Foundation.

At the same time networking and connectedness opens doors and allows people who might struggle somewhere else to succeed here.

The important thing is knowing what type of business do you want to start, who is your target market, and how to differentiate yourself from the competition.

To help you find an answer to all these questions and make a business plan, we reached out to women in Hong Kong who have started or operate their own companies and asked them:

What is your top advice for women that want to start and lead a profitable business in Hong Kong?

The important thing is knowing what type of business do you want to start, who is your target market, and how to differentiate yourself from the competition.

We are glad to share their insights with you.

Each person has given valuable advice out of their own personal experiences, the very best kind.

Many different areas of advice were given, but certain themes are certainly evident. A quarter of the participants specified Passion as a key ingredient to success, with the Networking a joint top ranking area of advice.

Coming in joint second place were the advice to Ask questions, to Believe in yourself, and to do a lot of Research to truly understand your situation before commencing a business.

Other notable themes included being persistentgetting other people to do things you can’t do yourself, knowing your own strengths and expanding beyond HK.

Read the full article, here.

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