The Role of Networking in Advancing Women Entrepreneurs Globally

The Role of Networking in Advancing Women Entrepreneurs Globally


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Networking helps women entrepreneurs grow their businesses by connecting them with new opportunities, support, and people who can help them succeed. It can lead to finding mentors, getting clients, and forming business partnerships. 

But joining these networks isn’t always easy. That’s why more women are turning to business groups, events, and online communities. These spaces make it easier to meet people, share ideas, and find support. 

In this blog, we’ll look at how networking helps women entrepreneurs, the types of networks they can join, and simple ways to build strong connections that support business growth.

How Networking Helps Women Entrepreneurs

Here’s how networking supports women entrepreneurs and drives their success.

Access to New Opportunities

One of the biggest ways networking helps women entrepreneurs is by providing access to new opportunities. These opportunities can include potential clients, partnerships, collaborations, or even funding. Many business deals happen through “who you know,” not just “what you know.” 

As Sumeer Kaur, Founder of Indian Clothes, says, “By connecting with the right people, women entrepreneurs can get referrals, introductions, and chances to pitch their ideas to decision-makers.”

For example, attending industry events or joining professional networks can introduce women to potential clients or partners. Investors are also more likely to support founders they know or have been introduced to through trusted contacts. 

The more women network, the greater their chances of being in the right place at the right time to seize new business opportunities.

Building Strong Business Relationships

Strong relationships are the foundation of a successful business. Networking allows women entrepreneurs to create lasting connections with people who can support them throughout their business journey. These relationships aren’t just about short-term gains — they often turn into long-term partnerships.

For example, by building relationships with suppliers, women entrepreneurs may be able to negotiate better deals, access priority services, or receive exclusive products. Partnerships with other businesses can also lead to collaborations, like co-branded products or joint marketing campaigns. 

David Loo, Owner of Xpro Auto Glass, shared, “A trusted network of reliable contacts can help women reduce risks and gain access to resources they might not get on their own.”

Unlike transactional relationships, networking allows women to build authentic connections. When people know and trust you, they’re more likely to support your business, recommend your services, or help you when you face challenges.

Access to Mentorship and Guidance

One of the most valuable aspects of networking for women entrepreneurs is mentorship. Experienced mentors can offer advice, share industry knowledge, and help women navigate the ups and downs of running a business. Without a mentor, it’s easy to feel isolated or unsure about the next steps.

Networking gives women entrepreneurs access to mentors who have “been there, done that.” These mentors can offer practical guidance on everything from pricing services to managing cash flow. Pareen Sehat MC, RCC – Clinical Director at Well Beings Counselling, shared an insider tip, “Some networks, like women-focused business groups, have formal mentorship programs where experienced business leaders are paired with early-stage entrepreneurs.”

Mentors can also introduce entrepreneurs to key people in their own networks, providing even more connections. Having a mentor isn’t just about solving problems — it’s about gaining confidence and having someone to lean on during tough times.

Boosting Confidence and Motivation

Running a business can be lonely, especially when you feel like you’re figuring it all out on your own. Networking helps women entrepreneurs realize they’re not alone. Being surrounded by people with similar goals and challenges can be incredibly motivating. When women see other entrepreneurs achieving success, it builds belief in their own ability to succeed.

As William Green, Founder of Botonics rightfully says, “Conversations with other women entrepreneurs can boost confidence by providing reassurance that setbacks and struggles are normal. Success stories from peers inspire women to keep going, even when things get tough.” 

Being part of a network also means having a community of people to turn to for encouragement and support. This community helps reduce feelings of self-doubt and “imposter syndrome” — that inner voice that says, “I’m not good enough.” When women surround themselves with successful, like-minded people, it reminds them that they belong in the business world just as much as anyone else.

Learning New Skills and Industry Knowledge

No matter how experienced an entrepreneur is, there’s always more to learn. Networking exposes women to new skills, industry trends, and strategies they might not discover on their own. As Ksenia, Founder of Burburcare, puts it simply, “When entrepreneurs attend industry events, seminars, or webinars, they gain knowledge that helps them make better decisions for their business.”

For example, networking events often feature guest speakers who share insights on marketing, sales, or technology trends. These events also provide a chance to hear about industry changes, like new regulations or market shifts. Staying ahead of these changes allows women entrepreneurs to adapt quickly and stay competitive.

Networking with other entrepreneurs also encourages the exchange of “insider knowledge.” Business owners often share what’s working for them, such as marketing strategies, social media tips, or software recommendations. This “peer-to-peer learning” is more effective than traditional education because it’s based on real-world experience.

Finding Funding and Investment Opportunities

One of the biggest hurdles for women entrepreneurs is accessing funding. Investors, venture capitalists, and lenders are more likely to support entrepreneurs they know or those introduced to them by a trusted connection. Networking gives women the chance to meet these investors and make a lasting impression.

“Through networking, women can learn about pitch competitions, accelerator programs, and grant opportunities. Many funding programs are only available to those who are “in the know,” so being part of a network increases the chance of hearing about them”, shares Dalia R. Rojas, Owner of Sixty61.com.  

Some women-focused networks, like the Women’s Venture Fund or the Women Entrepreneurs Finance Initiative (We-Fi), focus specifically on connecting women entrepreneurs with capital.

Instead of cold-emailing investors, entrepreneurs can use their networks to get warm introductions, which increases the likelihood of being heard. Many investment decisions are based on relationships, so knowing the right people can make a big difference.

Image credit: Freepik

Types of Networks for Women Entrepreneurs

Networking can take many forms, and each type offers unique benefits for women entrepreneurs. Whether it’s connecting with like-minded business owners, joining industry-specific groups, or participating in online communities, every network has the potential to create new opportunities. 

Here are the types of networks that women entrepreneurs can tap into to grow their businesses.

Business Networks and Professional Associations

Upon asking, Dan Close, Founder, and CEO at We Buy Houses in Kentucky, shared, “Business networks and professional associations are some of the most well-known and structured networks available to women entrepreneurs. These networks focus on connecting business owners and professionals within specific industries or across various sectors.”

Women-focused networks like the Women’s Business Enterprise National Council (WBENC) or International Women’s Forum (IWF) offer women a space to connect with other female entrepreneurs, industry leaders, and potential business partners.

These networks provide valuable resources, such as workshops, certification programs, and industry events. By joining these associations, women can attend conferences, gain access to decision-makers, and meet people who can help them grow their businesses. 

Networking at these events can lead to new business contracts, partnerships, and sales opportunities. These networks also promote diversity in business and help women gain recognition in male-dominated industries. For entrepreneurs looking for formal, structured support, business networks and professional associations are an essential place to start.

Mentorship and Coaching Networks

Mentorship and coaching networks offer women entrepreneurs something more valuable than money — guidance. As Shai Gecelter, CPO of Tradeit, shared, “Mentorship networks pair experienced business leaders with women who are just starting out or looking to grow their businesses. These mentors can provide advice, share lessons from their own experiences, and offer encouragement during difficult times.”

Mentorship programs often run through formal networks like accelerators, business incubators, or government-backed initiatives. Some mentorship programs specifically target women entrepreneurs, creating a safe and supportive environment for growth. 

Unlike other types of networks, mentorship is often a one-on-one relationship, meaning the advice is tailored to the specific needs of the entrepreneur. This personalized attention can lead to faster growth, better decision-making, and fewer costly mistakes. 

Mentors can also introduce women to their own networks, helping them connect with investors, clients, and potential business partners.

Industry-Specific Networks

Industry-specific networks focus on bringing together entrepreneurs and professionals within a particular industry. These networks are especially valuable for women in specialized fields like tech, fashion, health, or creative industries. As Tiffany Parra, Owner of FirePitSurplus.com, shared, “Unlike general business networks, industry-specific networks focus on the unique challenges and opportunities within that particular sector.”

For example, women in technology may join organizations like Women Who Code or Girls in Tech, where they can meet other women working in similar fields. These groups offer industry insights, training sessions, and access to career development resources. For women in creative industries like art or fashion, niche industry networks provide access to suppliers, buyers, and collaboration opportunities with other creators.

Industry-specific networks are valuable because they provide targeted knowledge and access to people with similar goals. 

Local, Regional, and Global Networks

Women entrepreneurs can connect with networks on a local, regional, or global level, and each level offers unique benefits. Khashayar Shahnazari, Chief Executive Officer at FinlyWealth, shared insights with us, “Local networks, like chambers of commerce or community business groups, allow women to meet people who live and work in their area. These local connections are especially valuable for entrepreneurs with location-based businesses like retail stores, salons, or service-based companies.”

Regional networks expand the reach of women entrepreneurs, allowing them to connect with business owners from neighboring cities or nearby markets. 

For example, a business owner in Ottawa might join a regional business network to connect with other entrepreneurs across Ontario. Regional networks often include industry events, trade shows, and networking meetups, giving women a chance to increase visibility in a larger market.

Global networks offer access to business leaders, investors, and clients worldwide. Women entrepreneurs with online businesses, export services, or international growth plans can benefit from joining global networks. These networks connect members through online platforms, global summits, and cross-border partnerships. 

Digital Networks and Online Communities

Digital networks and online communities have become some of the most accessible and effective networks for women entrepreneurs. LinkedIn, Facebook, and Slack have created virtual spaces where women can connect, collaborate, and support one another. Unlike traditional in-person networks, these digital communities offer instant access to like-minded people around the world.

One of the biggest advantages of digital networks is accessibility. Women entrepreneurs don’t have to travel or attend events to participate. They can join LinkedIn groups focused on their industry or business niche, where they can ask questions, seek advice, and connect with other members. Slack channels and Facebook groups are also popular platforms where entrepreneurs share resources, job opportunities, and growth strategies.

Online communities are especially valuable for entrepreneurs who may not have access to local support networks. Women from smaller towns or rural areas can connect with entrepreneurs from larger cities, gaining access to knowledge and opportunities they wouldn’t have otherwise. These online spaces allow for quick, ongoing support, and members can engage in conversations on their own schedule. 

How to Build Strong Connections as a Woman Entrepreneur

Building strong connections as a woman entrepreneur isn’t easy. But this below guide will help women entrepreneurs create strong connections.

Be Genuine and Authentic

People can tell when someone is only reaching out for personal gain. To build real connections, it’s important to be authentic. Approach people with the goal of building a relationship, not just getting something from them. Share your story, your business goals, and your challenges. People relate to honesty and are more likely to support someone they genuinely like and trust.

Start by asking about the other person’s business, goals, and interests. Listen actively and show that you’re genuinely interested in what they have to say. When people feel heard and valued, they’re more likely to build a meaningful connection with you.

Offer Help Before Asking for Help

A strong way to build connections is to offer help before asking for anything in return. If you see someone struggling with a business challenge, offer advice, recommend a useful resource, or introduce them to someone who can help. People appreciate those who add value, and they’ll be more willing to return the favor.

For example, if you know a marketing expert and a business owner who needs help with marketing, introduce them to each other. This small gesture can create trust and goodwill. Over time, people will remember your helpfulness and be more inclined to support you when you need it.

Attend Networking Events and Industry Meetups

One of the easiest ways to build connections is to attend networking events and meetups. These events bring together people from different industries, and everyone is there to connect. Look for events specifically for women entrepreneurs, as they often create a more inclusive and supportive environment.

When attending these events, don’t be afraid to start conversations. Ask simple questions like, “What brought you to this event?” or “What kind of business do you run?” These are easy conversation starters that can lead to more meaningful discussions.

Make it a goal to follow up after the event. Send a friendly message or email to the people you met. This follow-up shows that you value the connection and helps keep the relationship alive.

Summary

Networking is the best way for women entrepreneurs to grow their businesses. It helps them find new clients, connect with investors, and build valuable relationships. 

Through networking, women can learn from mentors, get advice, and discover new opportunities. It also provides a support system, making it easier to face challenges and stay motivated. 

By joining business groups, attending events, and connecting online, women entrepreneurs can open doors to growth and success.

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