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5 Women Who Revolutionized Tech and Made Millions

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Image Credit: Unsplash

There are many female entrepreneurs in today’s world revolutionizing the tech industry and owning their own unique craft. Before, technology and business was seen as a more male-dominanted industry that women rarely crossed into. That’s no longer the case.

Now, it’s often that you hear of women who find business and tech as something fascinating and starting their own tech-related business from scratch. In fact, within the last 20 years, the number of businesses owned by women has increased by 114%. 

Now in the 2020’s, we have many prominent women who have earned high rankings in business success by creating their own tech service or product. Here are a few of them below. 

1. Thai Lee 

Thai Lee is the CEO and co-founder of IT software SHI International, which she created with her ex-husband, and has a net worth of $3 billion. Her software has Boeing and AT&T as customers. She is considered one of the wealthiest women in America, even after starting her business over 30 years ago. 

She was born in Bangkok and moved to the US for her education, attending business school and starting her own career. She kept goals in mind to meet by certain ages to keep herself focused. Her long-term business goals and compassion to employees are a key part of her continuous business victory over the past several decades. 

Thai Lee is stated to have initial struggles in launching her business. Despite these troubles, her steel tight focus on her eventual success is what truly launched her into being an IT tech legend. Sometimes focus is all you need for real success despite a somewhat broken ladder. 

2. Neerja Sethi 

Neerja Sethi is a millionaire, having earned her money from creating Syntel, an IT consulting and outsourcing firm. Neerja eventually sold the firm for $3.4 billion to a French IT firm Atos Se in October 2018. For her stake, Sethi got $510 million. 

Neerja met her husband while working at the pioneering IT firm Tata Consulting Services. They both decided to recreate this type of service in a way they thought would be their own unique success. Hence, she and her husband created Syntel in their apartment in Troy, Michigan with a $2,000 investment. 

Their efforts worked and, with some work and energy, created a service worth millions. As of this year, her real time net worth is $1.1 billion. Just because a certain product or service already works, it doesn’t mean it can’t be improved to something better. 

3. Ashley Chen 

Ashley Chen is the founder of the IT firm ActioNet, a service that provides cloud-hosting, cybersecurity and software engineering. If you wanted your virtual and online projects protected from online hackers, she made the product to do just that. ActioNet got rated one of the best in the country and Ashley’s IT work even won an award. 

She obtained her masters in computer science prior to her creation and paid just $35 for the domain ActioNet.com in 1997. Safe to say her investment was rewarded. The growth of her business has developed into double-digit annual growth every single year since. 

Her parents wanted a different life for her, but Ashley was determined to own her business and attributes hiring the right people who could help her as a critical part of her success. Her employees also comment that she has “infectious” energy that keeps them motivated to work. 

“I don’t mind living in a mans world as long as I can be a woman in it.” – Marilyn Monroe

4. Therese Tucker

Therese Tucker has a unique appearance with her bright colored hair. However, she has a net worth of over $500 million for creating Blackline, an enterprise software company that sells accounting-automation software. Just a few of the companies she provides software to is Coca-Cola, Netflix and Google. 

In 2013, she sold a majority stake to private equity firms Silver Lake and Iconiq Capital for a $220 million valuation. She founded the company in 2002, cashing in on the entirety of her retirement savings in order to launch her business idea. She is now one of the few female-founder CEOs running a public tech business. 

She dismisses the idea of having “modest ambition” because then the only accomplishments you have will be “boring.” She speaks at high schools and STEM events to teach other women to excel in tech if that’s what they dream of doing like she did.

5. Whitney Wolfe Herd 

Whitney Herd has become the world’s youngest female self-made billionaire in 2021 for her app creation Bumble, a social and business app for women. She has also become the youngest woman to take her business public at 31. 

She founded the app in December of 2014, which resulted in over 15 million conversations and 80 million matches. She got to partner with billionaire Andrey Andreev in 2014, which furthered her career success. She refused a $450 million pay-out and her net worth is currently $1.2 billion. 

Her advice is to figure out what you’re passionate about and find a way to turn it into a business. She says, “I think anybody can make money at something they’re good at. You have to start somewhere. Just find your passion and lean into it.” 

Mariah is a freelance B2B writer who offers blogging and editing services. She works closely with a client and uses her skills to craft content that captures a reader's interest, increases search engine visibility, and lets her reader take action. You can view her website MariahKrist.com to learn more about her or you can check out her Instagram @mariahkr.ist to see what she's posting.

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Startups

15 Business Lessons From Napoleon’s Playbook

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Business Lessons and strategies from Napoleon Bonaparte for Entrepreneurs and CEO's
Image Credit | Joel Brown

Unleash your business potential by harnessing Napoleon’s strategic genius.

From dreaming big and thinking bold to moving fast and staying agile, these time-tested tactics are your blueprint for success.

Learn how creative leadership, detailed planning, and relentless execution can transform your business landscape. Boost morale, lead with clarity, and embrace hard work to conquer your industry.

Don’t just survive—thrive with the power of Napoleon’s lessons.

Here are 15 Powerful Lessons You Can Learn From Napoleon Bonaparte

 

1. Dream Big, Think Bold

Napoleon wasn’t just playing small; he believed that “Imagination rules the world.” In the business world, boldness and creativity are game-changers. Don’t just aim to fit in—push boundaries and set ambitious goals that make you stand out.

Think of Steve Jobs, who didn’t just want to make computers; he wanted to revolutionize entire industries. Your vision should be so grand it almost feels unreachable. When you dream big, you inspire those around you to believe in the impossible and work together to achieve extraordinary outcomes.

2. Move Fast, Stay Agile

Napoleon’s quick and secretive moves gave him an edge. In business, you gotta be nimble. Adapt quickly, move fast, and you’ll often find yourself ahead of the game, capturing opportunities your competitors miss.

Companies like Amazon and Tesla thrive because they constantly innovate and pivot when needed. Speed is your friend; it allows you to react to market changes and customer demands faster than the competition, ensuring you remain relevant and ahead of the curve.

3. Creative Leadership

Napoleon thrived on chaos and wasn’t afraid to switch things up. Unlike rigid leaders, he was flexible and adaptive. In business, embrace change and let chaos work for you. Being adaptable can turn unpredictable situations into opportunities.

Think of how Netflix transitioned from DVD rentals to a streaming giant. Flexibility and creativity in leadership allow you to navigate through turmoil and emerge stronger, transforming challenges into stepping stones.

 

4. Organize Like a Pro

Napoleon’s mind was like a supercomputer, processing vast amounts of info to make smart moves. Businesses should do the same—stay organized, use real-time data, and adapt strategies based on fresh insights to keep that competitive edge.

Utilize modern tools like CRM systems, analytics software, and AI to manage information efficiently. Staying organized and informed means you can make better decisions, foresee potential issues, and react promptly.

 

5. Keep It Simple

Napoleon knew the power of simplicity. Overcomplicating things can bog you down. In business, streamline processes and focus on what truly matters to hit your goals efficiently.

Apple’s product design philosophy under Jobs was about simplicity and user-friendliness.When you remove unnecessary complexity, you reduce errors, speed up processes, and make it easier for your team to focus on what’s important, driving efficiency and effectiveness.

 

6. Execute Relentlessly

Once Napoleon decided on a course of action, he went all in. In business, once you pick a direction, pursue it with full commitment. Execution is where success is truly made.

Look at how Elon Musk commits to his vision for SpaceX and Tesla. Relentless execution means overcoming obstacles, staying focused on your goals, and not getting distracted by setbacks. It’s the determination and persistence in execution that ultimately leads to triumph.

 

7. Play to Your Strengths

Napoleon only fought battles he knew he could win. In business, focus on your strengths and avoid head-to-head fights in areas where you’re weak. Know your advantages and leverage them.

Microsoft leverages its strength in software development and cloud services rather than trying to compete directly in hardware. Understanding and maximizing your strengths ensures you play a game you can win, using your unique capabilities to outshine competitors.

 

8. Plan in Detail

Napoleon planned for every possible scenario. Businesses should do the same—conduct thorough planning and prepare for various outcomes.

Detailed planning helps you stay ready for anything. Scenario planning and SWOT analysis are tools that can help you foresee different futures and prepare accordingly. When you’re prepared for multiple scenarios, you can adapt smoothly and continue to drive forward, no matter what challenges arise.

 

9. Seize Opportunities

Napoleon saw luck as the ability to capitalize on accidents. In business, be prepared and ready to grab unexpected opportunities. Agility is key.

Companies like Uber and Airbnb seized gaps in the market by being ready to pounce on opportunities when they arose. Always be on the lookout for opportunities, and when they come, don’t hesitate. Preparation and readiness to act quickly can turn unexpected moments into major breakthroughs.

 

10. Learn from the Past

Napoleon studied the greats who came before him. Entrepreneurs should always be learning from the successes and failures of others. History is full of lessons waiting to be applied.

Warren Buffett is famous for studying businesses and market histories. By learning from the past, you can avoid repeating mistakes, understand what works, and build on proven strategies. Continuous learning from history helps refine your strategies and improve decision-making.

 

11. Boost Morale

Napoleon knew how to keep his troops motivated. Business leaders should do the same—keep your team inspired and engaged. High morale leads to high productivity.

Companies like Google and Salesforce invest heavily in employee well-being and motivation. When your team feels valued and motivated, they are more productive, innovative, and loyal. High morale fosters a positive work environment where people are excited to contribute and excel.

 

12. Lead with Clarity

Napoleon believed in the power of a strong, decisive leader. In business, clear direction and strong leadership are crucial. Ensure everyone knows the plan and follows it.

Leaders like Jeff Bezos provide a clear vision and direction, ensuring their teams know what they’re working towards. Clear, decisive leadership aligns your team, fosters trust, and drives coordinated efforts towards achieving your business goals.

 

13. Reflect on Failures

Napoleon analyzed both his wins and losses. Businesses should review their successes and failures to keep improving. Learn from mistakes to avoid repeating them.

Ray Dalio of Bridgewater Associates emphasizes the importance of learning from failure in his book Principles. By conducting post-mortems, you can understand what went wrong, make necessary adjustments, and continuously refine your strategies to avoid future pitfalls and drive success.

 

14. Action-Oriented

Napoleon was all about turning thoughts into actions. In business, decisiveness and execution are vital. Don’t just plan—act on those plans with energy and determination.

Entrepreneurs like Richard Branson embody this principle by constantly moving from ideas to actions. Action orientation ensures that you don’t get stuck in analysis paralysis but instead drive forward, making things happen and turning visions into reality.

 

15. Embrace Hard Work

Napoleon lived and breathed work, saying, “Work is my element; I am born and built for work.”

In business, a strong work ethic and relentless dedication are key to success. Think of how Howard Schultz rebuilt Starbucks through sheer hard work and determination. Embracing hard work means being willing to put in the necessary effort, staying dedicated to your mission, and continuously pushing towards your goals, no matter the challenges.

 

By implementing these lessons from Napoleon, businesses can sharpen their strategies, strengthen leadership, and execute with precision, driving sustained success.

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Startups

How to Manage Your Startup’s Finances More Efficiently

No matter how groundbreaking your product or service, your startup could quickly be on shaky ground without proper financial management

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managing your startups finances

Running a triumphant startup requires juggling numerous responsibilities. From managing operations and coordinating with team members to developing innovative marketing strategies and nurturing relationships with clients, the to-do list seems endless. (more…)

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Startups

5 Strategic Power Moves to Successfully Build Your Empire

Transitioning from idea to empire is a journey of strategic planning, execution, and constant evolution

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how to build your empire

The journey from a fledgling idea to a thriving empire is both exhilarating and daunting. The Startup Launchpad is not just a process but also a strategic framework that enables visionary entrepreneurs to become market leaders. This framework comprises five power moves, each a critical steppingstone in building a successful business.

These moves—Ideation, Business Plan, Online Presence, Strategic Marketing, and Launch and Growth—are the blueprint for turning aspirations into achievements. (more…)

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Startups

How to Avoid Startup Clichés and Buzzwords When Pitching Investors

Using jargon can make you sound like you’re trying to fill space instead of providing meaningful data

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How to pitch investors better

Entrepreneurs frequently seek startup funding through a variety of channels. Yet, none seem as challenging as successfully pitching to experienced investors. After all, investors are pressed for time and eager for opportunities. These characteristics make it challenging to motivate them, especially if you’re bombarding them with a pitch full of jargon. (more…)

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