Exclusive Trusted Magazine Q&A with Galit Ventura Rozen, Business Expert
A bit about me
At the age of 21 when most of my friends were looking for a job right after graduating college, I knew I wanted to work for myself. I decided to get my real estate license and within 2 years I started my first company in commercial real estate. When I started in this industry it was rare for a woman to own a commercial real estate company. I had my challenges but recognized that I loved what I did and could grow a successful company with agents as well as work with multimillion-dollar investors myself. As I was building my business, I recognized the importance of showing other women how to be successful and that is when I started volunteering as a mentor for young women leadership programs. I made a point to meet and help guide anyone who reached out wanting to learn more about the industry. This led to mentoring numerous women and men in the commercial real estate field. I then decided I wanted to do more, so I went back to school to get my master’s in therapy so I could learn how to teach women about mindset as most women get in their own way with negative thoughts.
This led to my second business, Empowering U, where I professionally speak at events and train employees to be leaders, successful in sales and have a successful mindset. When COVID-19 started in March 2020 I started my third business, Everyday Woman, which started as a Facebook group of women supporting women professionals and entrepreneurs during a time when women were trying to figure out how to go online with their businesses and support their families. This online movement has grown to 17,000+ women and with Everyday Woman TV, 5 Books that women are a part of and the Iconic Woman Experience.
Can you share something you learned about yourself through having your own businesses?
Throughout my career, I've encountered my fair share of mistakes, but one particular memory that stands out as amusing is when I was just 22 years old and believed I could single-handedly handle all aspects of my company, from marketing to management and even human resources. This experience taught me a valuable lesson – the strength of a founder lies in the team they assemble. It's essential for the team to comprehend and align with the vision, working collaboratively to transform that vision into reality. Building successful teams has undoubtedly played a pivotal role in my achievements across various business ventures.
What challenges face women that want to start their own business?
Above all else, it is crucial to prioritize providing women with greater access to funding options that are both attainable and inclusive, without the requirement of significant financial resources upfront. The lack of education and access to resources that teach women how to start and manage a business is a significant hindrance for them. These are vital tools that empower women to thrive as entrepreneurs. It's important to acknowledge that starting and running a business is not commonly taught in traditional academic settings, leaving many women unaware of the necessary steps. Lastly, an invaluable component is the support system that women need. Surrounding themselves with other successful women who understand the challenges and requirements of being a business founder is paramount.
Why do you think more women should start their own company?
Encouraging a rise in the number of women business owners is essential to empower them to pursue self-employment, attain financial independence, and create the life they envision. Experiencing the profound satisfaction of building something that is entirely their own is a truly remarkable feeling. Often, women embark on their entrepreneurial journey driven by passion for a particular cause or a desire to make a positive impact on others' lives. In many instances, working for someone else means dedicating their efforts towards fulfilling another person's dream. Imagine the fulfillment that comes from building and living your own dream instead. Increased representation of women business owners inspires and motivates other women to take the leap into entrepreneurship. It's high time we strive to elevate both the percentage of women-owned businesses and the number of women-owned businesses generating significant revenue of one million dollars or more, as currently, these figures remain disappointingly low.
