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Career Gems

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The real estate industry, long viewed as a male-dominated space, is transforming remarkably. Women are participating and emerging as leaders, innovators, and trailblazers. These phenomenal women are reshaping neighborhoods, dismantling barriers, and redefining the narrative of what it means to succeed in real estate.

Every month, we honor extraordinary women across various fields. These celebrations go beyond applause; they recognize the struggles, victories, and new opportunities created by women who dare to dream big. They remind us that women are contributors and innovators who pave the way for others.

In real estate, women across the globe are changing the landscape. From advocating for affordable housing to creating luxurious developments, these leaders combine purpose, passion, and persistence to inspire others while leaving a lasting legacy.

This article celebrates incredible women making waves in real estate. Their stories are a testament to resilience, determination, and the power of dreams. May their journeys inspire you to create your own future rather than wait for it to be handed to you.

Folorunso Alakija, Nigeria’s richest woman, is a global icon who has excelled in fashion, oil, and real estate. As Vice Chairman of Dayspring Property Development Company, she has helped expand the company globally. Known for her resilience and business acumen, she has built a legacy across multiple industries, inspiring women to thrive with vision and determination.

Sandra Rinomato

Sandra Rinomato is a Canadian real estate expert and television personality whose journey into the industry began serendipitously. What started as an accidental foray quickly evolved into a fulfilling career fueled by passion and purpose.

Sandra’s authentic approach and dedication to helping clients make confident decisions have made her a trusted figure in Canada’s real estate world. Her story exemplifies how unexpected opportunities can lead to extraordinary success when embraced with the right mindset.

Stella Okengwu

Stella Okengwu is a Nigerian entrepreneur and CEO of Winhomes Global Estate, a respected name in the Nigerian real estate industry. She has led the successful development of numerous high-value properties, earning recognition for her strategic vision and dedication to excellence. Stella is also passionate about empowering women in real estate and entrepreneurship through mentorship.

Barbara Corcoran

Barbara Corcoran is a real estate mogul and investor on Shark Tank, known for building a multi-billion-dollar real estate empire. As the founder of The Corcoran Group, she is a powerful advocate for women in business and real estate, inspiring others to take bold steps toward success.

Theresa Oppong Beeko

Theresa Oppong Beeko is the founder and CEO of Magnet Group, a leading real estate firm in Ghana. With a BA in Political Science and Sociology from the University of Ghana (1985), she founded Magnet Group in 1992 and became one of the wealthiest women in Ghana, currently the country’s second richest woman. Her leadership and vision have propelled the company to prominence in the real estate sector.

Soraya Dempsey

In her five years in the industry, award-winning realtor Soroya Dempsey has quickly made a name for herself in Toronto’s real estate scene. She is the recipient of Royal LePage’s Diamond Award (awarded to the top 3% of agents in their marketplace) and is among the top 10% of individual Royal LePage agents in all of Canada. Dempsey sits on the board of the Black Realtors Association of Canada, an organization that empowers Black real estate professionals.

 

Tonya Lagrasta

As Head of Environmental, Social, and Governance (ESG) for Colliers Real Estate Management Services, Tonya Lagrasta applies innovative solutions to ensure that client properties remain viable long-term investments. Lagrasta works with clients to maximize their ESG performance, developing strategies that reduce operational emissions and energy-related costs and improve resiliency.

Dr. Jayne Obioma Onwumere

Dr. Jayne Obioma Onwumere co-founded Properly World Africa Network (PWAN) in 2012, revolutionizing real estate with network marketing. Under her leadership, PWAN became a major network with 62 affiliate companies and over 300,000 independent professionals. She also launched the PWAN Food Network to combat food insecurity, showing her commitment to both real estate and social impact.

Natalie Voland

For over 20 years, Natalie Voland has been transforming the heritage real estate space through Montréal-based GI Quo Vadis where she serves as president and founder. Voland prioritizes heritage conservation with a focus on uniting communities and making sure projects hit 3 targets: people, planet and profit. Voland was named as a finalist for the 2019 RBC Canadian Women Entrepreneur Awards for the TELUS Trailblazer Award

Olajumoke Adenowo

Olajumoke Adenowo, a trailblazer in Nigerian architecture and real estate, is the founder of AD Consulting. Combining architectural expertise with property development, she has delivered impactful, high-profile projects. Known for her resilience in a male-dominated field, Olajumoke remains a leading voice in creating transformative, sustainable spaces.

Karen Yolevski

Karen is the Chief Operating Officer of Royal LePage’s corporately owned brokerages (Royal LePage Real Estate Services Ltd., Johnston & Daniel, Royal LePage Sussex, Royal LePage West Real Estate Services & Mont Tremblant Real Estate), serving 2,000 agents spanning three provinces. Karen joined the Corporate Brokerages in April 2021. Her community involvement includes the Royal LePage Shelter Foundation, Canada’s largest  charity focused on eliminating domestic violence and supporting the women and children who fall victim to it. Yolevski began her career as a lawyer at Basman Smith, LLP, a Toronto-based law firm, where she  became a partner in the Business and Real Estate Practice Group.

Kemi Olomola-Sijuwade

Kemi Olomola-Sijuwade (KoS)

Kemi Olomola-Sijuwade is a distinguished professional at the forefront of real estate and law, with over two decades of expertise in both Canada and Nigeria. As the Founder of Greenland Concepts Nigeria Limited, she has pioneered innovative real estate solutions, blending her legal background with a deep understanding of the property market.

KoS’s entrepreneurial vision extends beyond her successful ventures in Nigeria, with recent expansion into Canada, marking her global growth in real estate. As the Managing Director of Nigeria Police Force Property Development and Construction Company Limited, she continues to influence the legal and real estate sectors, shaping the future of property development with a commitment to excellence and community empowerment.

Her journey serves as an inspiration to aspiring professionals, showcasing the power of leadership, resilience, and adaptability in real estate and beyond.

Tope Mark-Odigie

Tope Mark-Odigie

Tope Mark-Odigie is a visionary entrepreneur, real estate expert, and advocate for societal transformation. With over a decade of experience as an award-winning host of Nigeria’s top breakfast show, Tope uses her platform to inspire and educate. As the CEO of REB360, she leads initiatives focused on wealth creation through real estate and is the driving force behind WIRE Africa, empowering African women in real estate.

Tope is passionate about coaching individuals to see the possibilities of business success, particularly within real estate, and in life more broadly. She believes that anyone can be multi-potential and succeed by embracing diverse talents and opportunities. Through her work, Tope inspires others to break through limitations and achieve success in multiple areas of life.

Sue Yannaccone

Sue Yannaccone, CEO of Anywhere Brands and Advisors, is a transformative leader in real estate. Known for her strategic vision and integrity, Sue has redefined leadership while inspiring industry innovation. Recognized as one of real estate’s most powerful women, she exemplifies resilience and authenticity.

Grace Ofure

Grace Ofure is a Nigerian economist, philanthropist, and businesswoman whose inspiring journey into real estate began at just 26 years old—without formal training. Driven by her passion for property and a vision to create wealth for herself and others, Grace built a thriving real estate business from the ground up.

Known for her integrity and innovative approach, Grace helps families find their dream homes and guides investors to make sound decisions. Her projects have revitalized neighborhoods, creating spaces for families and businesses to flourish. Beyond property development, she empowers women and supports education through philanthropic efforts.

Grace’s dedication to mentoring aspiring entrepreneurs underscores her commitment to creating opportunities for others. Her story is one of resilience, empowerment, and the transformative power of a bold dream.

women in real estateKhushboo Jha

Armed with a background in tech from time spent working at companies like Amazon, Khushboo Jha is revolutionizing the real estate game with her company BuyProperly. The investing platform launched in 2019 and is dedicated to making real estate available to every Canadian by demystifying and simplifying the process. Thanks to a fractional investing method, the company aims to allow Canadians to invest in a property with a first deposit as low as $2,500.

Deborah Ojo

Deborah Ojo

Deborah Ojo, a Nigerian-born entrepreneur and philanthropist, has become a respected name in Canada’s competitive real estate market. From her beginnings as a teacher, Deborah honed communication skills that now serve her well as the CEO of DeborahHomes.

An award-winning broker, Deborah has guided countless families and investors through the complexities of real estate. Her expertise spans residential and commercial properties, earning her a reputation for informed and trustworthy advice.

Passionate about mentoring women and underrepresented groups, Deborah also supports financial literacy programs and community initiatives. Her journey from teacher to CEO is a testament to the power of reinvention and resilience.

Nene Akintan

Nene Akintan

Nene Judy Akintan is an Entrepreneur, Mentor, Speaker, Author, Realtor, Advocate, and God’s unique creation. With degrees in Sociology & Anthropology, an MBA in Marketing, and an MSc in Management/Human Resources, she has excelled in banking, entrepreneurship, and real estate for over 20 years.

An award-winning real estate broker, Nene is part of The E Team and Oakville Living With Nene, passionately delivering exceptional real estate services with unwavering dedication, integrity, and genuine care for her clients.

Nene and her young adult children Temi, Tife, and Olympia run a family nonprofit, **I AM. I CAN. I WILL**, supporting minority women and children.

Dr. Ololade Abuta

Dr. Ololade Valentina Abuta is the CEO of Gracias Group of Companies, a leading name in Nigeria’s real estate sector. She specializes in both luxury and affordable housing, bridging gaps and making property ownership accessible.

As the founder of Real Business Network, Dr. Abuta empowers entrepreneurs and fosters innovation across industries. Her belief in Nigeria’s vibrant youth drives her efforts to promote economic growth and create opportunities. Through her leadership, she is transforming the real estate landscape while inspiring others to dream big.

Elena Saradidis

Elena Saradidis earned her real estate license at the age of 22 and in three short years, she is now the number one realtor at Brad J. Lamb Realty with $40M in sales and a $10M real estate portfolio. Without the help of her parents, she’s already managed to purchase six properties. She’s also known to demystify real estate on Instagram with her signature personable style. Her background in PR has taught her how to get in front of the right people quickly, allowing her to put clients first in today’s fast-paced real estate environment.

Dr. Funke Kehinde

Dr. Funke Kehinde is the visionary CEO of Brilliant Concept and a Harvard Business School graduate. Her career in real estate began with her passion for property development and her strategic acumen. As the Public Relations Officer of the Real Estate Developers Association of Nigeria, Lagos Chapter, she has become a trailblazer in the industry.

Dr. Kehinde is also the founder of MFK School of Mentorship, empowering entrepreneurs to navigate the business world with confidence. Her relentless pursuit of excellence and her commitment to uplifting others continue to leave an indelible mark on the real estate sector.

Sherry Chris

Sherry Chris is a seasoned leader in real estate with over 27 years of experience. As the President and CEO of the Expansion Brands Portfolio at Realogy Holdings Corporation, she oversees iconic brands like Better Homes and Gardens Real Estate.

Renowned for her strategic vision and dedication to empowering agents, Sherry has built a legacy of innovation and growth. Her career highlights the importance of adaptability and the profound impact of strong leadership in shaping the future of real estate.

Nena Akua Oppong

Ghanaian architect and real estate entrepreneur, Nena Akua Oppong is the founder of a groundbreaking real estate firm that blends modern design with sustainability. Her work focuses on creating accessible, quality housing, overcoming challenges in funding and land acquisition through resilience and strong networks. Nena’s innovative approach has made her a transformative force in the industry.

Wu Yajun

Wu Yajun, co-founder of Longfor Properties, built one of China’s leading property development firms from humble beginnings. As a self-made billionaire, her vision, adaptability, and smart investments have revolutionized urban housing, making her a global icon of resilience and success.

 

 

Financial independence is key to empowerment, and having a side hustle can be a game-changer. Whether you’re a student, stay-at-home mom, or working professional, there are endless opportunities to generate extra income while pursuing your passions. Here’s a detailed guide tailored for women to explore 12 side hustle ideas in 2025, with links to help you get started.

1. Freelance Services

Turn your skills into a profitable business by offering services like writing, graphic design, programming, or social media management. Platforms like Upwork, Fiverr, and Toptal make it easy to connect with clients globally.

Tip: Highlight your expertise with a strong portfolio, and start by offering competitive prices to build credibility.

2. Online Tutoring

If you excel in subjects like math, science, or languages, consider tutoring online. Websites like VIPKid, Chegg Tutors, and Preply connect educators with eager learners.

Bonus Idea: Offer virtual coaching in areas like exam prep or professional skills to expand your reach.

3. Dropshipping and E-commerce

Start an online store without the hassle of inventory. Platforms like Shopify and Spocket make it simple to source and sell trending products.

Quick Tip: Use tools like Oberlo to streamline your product selection and fulfillment process.

4. Content Creation

Create and monetize your passion through blogging, vlogging, or podcasting. Use platforms like YouTube, Medium, or Anchor to reach your audience.

Monetization Ideas: Partner with brands for sponsorships or use platforms like Patreon for subscriptions.

5. Social Media Management

Businesses need help managing their online presence. If you’re skilled in creating content or growing social media accounts, offer your services on platforms like Indeed, LinkedIn, or Hubstaff Talent.

Pro Tip: Specialize in specific platforms (e.g., Instagram or TikTok) to stand out.

6. Virtual Assistance

Provide remote administrative support like email management, scheduling, or customer service. Sign up on platforms like Fancy Hands or Belay.

Insider Advice: Highlight your organizational skills and reliability to attract clients.7. Affiliate Marketing

Earn commissions by promoting products and services you love. Join programs like Amazon Associates, ShareASale, or ClickBank.

Tip for Women: Focus on promoting products that align with your interests, like wellness, beauty, or parenting tools.

8. Online Courses and Workshops

Share your expertise by creating online courses or hosting workshops. Use platforms like Teachable, Udemy, or Skillshare to reach a global audience.

Idea: Bundle your courses with downloadable resources for added value.

9. Pet Sitting or Dog Walking

If you love animals, offer pet-sitting or dog-walking services. Apps like Rover and Wag! connect you with pet owners in your area.

Perk: It’s a great way to earn money while enjoying time outdoors.

10. Ridesharing and Delivery Services

Use your vehicle to earn with ridesharing services like Uber or Lyft. Alternatively, consider delivery platforms like DoorDash, Uber Eats, or Instacart.

Flexible Option: Choose your hours and work on your schedule.

11. Selling Handmade Goods

Turn your creativity into cash by selling handmade products like jewelry, candles, or crafts. Set up a shop on Etsy or participate in local craft fairs.

Pro Tip: Use Instagram or Pinterest to showcase your creations and attract buyers.

12. Real Estate Investing

Explore real estate through rental properties, REITs, or platforms like Fundrise and Roofstock.

Beginner-Friendly Advice: Start with small investments and reinvest your returns to grow your portfolio.

Final Thoughts

Side hustles are more than just extra income—they’re opportunities to explore passions, develop skills, and achieve financial independence. The key is to start small, stay consistent, and adapt as you learn what works best for you.

2025 is the perfect time to take the leap into the world of side hustles. With determination and the right resources, your side hustle can become a stepping stone to greater opportunities.

Which idea resonates with you? Let us know in the comments, or share your success stories to inspire others!

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Life is full of uncertainties, but one thing we can control is how prepared we are for them. Whether it’s securing your family’s well-being, planning for retirement, or safeguarding your health while traveling, insurance plays a pivotal role in building a stable and secure future.

Despite its importance, many people overlook or delay getting the right coverage. Here’s why insurance is not just a financial tool but a cornerstone of a safe and prosperous future.

This article explores the key reasons why insurance is essential, highlights its various types, and offers actionable insights for building a secure financial future.

What is Insurance and Why Do You Need It?

Insurance is a financial safety net that protects you, your loved ones, and your assets from unforeseen risks. From life insurance to critical illness coverage, each type of insurance plays a unique role in reducing financial burdens during challenging times.

When you invest in insurance, you’re not just buying a policy—you’re investing in your future security and that of your family.

Key Benefits of Insurance

1. Life Insurance & Critical Illness Coverage: Protecting Your Family

Life insurance ensures that your loved ones are financially supported if the unthinkable happens. It covers everyday expenses, mortgages, and even long-term goals like education.

Critical illness coverage provides financial relief if you’re diagnosed with a severe health condition, so you can focus on recovery without worrying about medical bills.

Did You Know? Tailored life insurance policies can adapt to your family’s changing needs, ensuring continuous protection.

2. Investment Services: Securing Your Retirement

Planning for the future is a vital step toward financial independence. With tools like TFSAs (Tax-Free Savings Accounts), RRSPs (Registered Retirement Savings Plans), and RESPs (Registered Education Savings Plans), you can grow your wealth while minimizing tax burdens.

These investment options are designed to help you achieve long-term financial goals, whether that’s a comfortable retirement or funding your children’s education.

3. Children’s Plans & Estate Planning: Building a Legacy

Your children’s future is one of your greatest priorities. Education savings plans ensure they have the resources needed to succeed, while estate planning preserves your wealth for generations to come.

A well-structured estate plan is a powerful tool to protect your assets and make sure your legacy aligns with your wishes.

4. Group Benefits & Travel Insurance: Comprehensive Coverage

Health and travel insurance are critical for safeguarding your well-being.

  • Group Benefits: Offer your employees or yourself access to healthcare, dental, and vision coverage.
  • Travel Insurance: Protect yourself from unexpected expenses while exploring new destinations.
  • Super Visa Insurance: Tailored for parents and grandparents visiting on Super Visas, ensuring they receive adequate medical coverage.

Pro Tip: Travel insurance isn’t just for vacations—it’s essential for any trip to cover medical emergencies, cancellations, or lost belongings.

How Insurance Supports Financial Growth

Insurance isn’t just about protection; it’s a strategic financial tool. By investing in the right policies, you can:

  • Create wealth through structured savings plans.
  • Mitigate risks associated with health issues or accidents.
  • Free yourself from the anxiety of unexpected expenses.

Why Act Now?

Time is a critical factor in insurance and investment planning. The earlier you start, the more benefits you can unlock. Premiums are often lower when you’re younger, and investments have more time to grow.

Waiting until an emergency occurs can limit your options and cost you significantly more. Be proactive and take the first step toward building a secure future today.

Let Me Help You Secure Your Future

Are you ready to protect your family, grow your wealth, and build a legacy? As a licensed financial and insurance broker, I’m here to tailor solutions that meet your unique needs.

📩 Contact me today – eijewere@experiorfinancial.ca for a personalized consultation. Let’s explore how life insurance, investment services, and travel coverage can give you the peace of mind you deserve.

Call to Action:
Don’t wait for tomorrow—secure your future today. Together, we’ll create a financial plan that protects what matters most.

About the Author:


Esther Ijewere is an experienced media strategist and Senior Financial Associate at Experior Financial Group, Canada. With a passion for empowering individuals and families, she combines her expertise in financial services and strategic communication to help clients build secure and prosperous futures.

Women entrepreneurs face unique challenges when it comes to financial management. From securing funding to balancing personal and business finances, the path to financial independence can be daunting. However, with the right financial strategies, women business owners can manage their wealth effectively and grow their businesses. This article shares practical financial tips for women entrepreneurs to help them achieve financial success and long-term stability.

1. The Importance of Budgeting for Women Entrepreneurs

One of the first steps toward financial success is creating a budget. Budgeting helps you track your income and expenses, ensuring you have a clear picture of your business’s financial health. By separating personal and business finances, you can more easily manage your cash flow and avoid overspending. Additionally, budgeting gives you the opportunity to plan for future investments and savings.

Tip: Use financial software like QuickBooks or Wave to track your business and personal expenses and create a monthly budget that aligns with your financial goals.

2. Saving for the Future: Build an Emergency Fund

Life as an entrepreneur can be unpredictable. Having an emergency fund is essential to protect your business from unexpected expenses and economic downturns. Aim to save at least three to six months of business and personal expenses. This safety net will allow you to weather financial storms without compromising your business operations or personal finances.

Tip: Set up an automatic transfer to a separate savings account to build your emergency fund over time.

3. Investing Wisely: Plan for Growth and Retirement

Investing is key to growing your wealth and securing your future. As a woman entrepreneur, consider both personal and business investments. In your business, invest in technology, marketing, and talent to fuel growth. On the personal side, start investing early in retirement plans like a Roth IRA or 401(k), even if you’re self-employed.

Tip: Consult with a financial advisor to explore investment options that align with your risk tolerance and long-term goals.

4. Seeking Funding: Know Your Options

Accessing funding can be a challenge for many women entrepreneurs, but there are several opportunities available. From loans to grants and investors, it’s important to explore different sources of capital for your business. Consider seeking out women-focused funding organizations, such as The Women’s Business Enterprise National Council (WBENC), or venture capitalists who specialize in supporting women-led businesses.

Tip: Create a solid business plan and pitch when seeking funding. Be clear about your vision and how the capital will help you grow your business.

5. Monitor Your Cash Flow Regularly

Cash flow is the lifeblood of any business. Without proper cash flow management, even profitable businesses can struggle to stay afloat. Monitor your cash flow regularly to ensure you have enough working capital to meet your business’s needs. Use tools like Xero or Zoho Books to automate cash flow tracking and alert you of potential issues.

Tip: Keep an eye on accounts receivable and ensure you’re invoicing clients on time. Late payments can significantly impact your cash flow.

6. Building Financial Literacy: Educate Yourself and Your Team

Financial literacy is crucial for women entrepreneurs. Understand the basics of accounting, taxes, and investment strategies to make informed decisions about your business. Consider taking online courses or hiring a mentor to help you strengthen your financial knowledge. Educate your team about financial matters as well, as everyone should be aligned with the business’s financial goals.

Tip: Attend workshops or seminars on financial management for entrepreneurs to stay updated on best practices and strategies.

7. Tax Planning and Deductions

Tax planning is a key aspect of financial management that can help you save money and avoid surprises at tax time. Ensure you’re aware of all the tax deductions available to your business, such as equipment purchases, business travel, and home office expenses. Hire an accountant to help you navigate tax laws and optimize your tax strategy.

Tip: Set aside a percentage of your income for taxes throughout the year, so you’re not caught off guard during tax season.

Managing and growing your wealth as a woman entrepreneur requires a combination of financial literacy, discipline, and strategic planning. By implementing these financial tips—budgeting, saving, investing, seeking funding, and educating yourself—you can ensure your financial independence and set your business up for success. Take control of your finances today, and watch your wealth and business flourish.

Building a sustainable business is a journey that requires careful planning, persistence, and the ability to adapt to changing market conditions. For women entrepreneurs, the road to success may come with unique challenges, but the rewards of creating a thriving business that lasts for years are well worth the effort. Here’s a step-by-step guide on how to build a sustainable business and ensure long-term success.

1. Start with a Clear Vision and Purpose

A strong business foundation begins with a clear vision and purpose. As a woman entrepreneur, it’s essential to define what your business stands for and how it contributes to the world. Ask yourself:

  • What problem does your product or service solve?
  • How does your business align with your personal values and goals?
  • Who is your target market, and how can you serve them better than anyone else?

A well-defined vision will guide your decisions, help you stay focused, and motivate you through tough times.

2. Conduct Thorough Market Research

Before diving into business operations, it’s important to understand your market. Research is key to identifying trends, opportunities, and potential gaps in the market that your business can fill. This is especially important for women entrepreneurs who may face competition in male-dominated industries.

Ask yourself:

  • Who are your competitors, and what are they doing well?
  • What are the unique needs of your target audience?
  • What can you offer that will set you apart from the competition?

Market research will provide valuable insights and help you refine your business model.

3. Create a Solid Business Plan

A business plan acts as a roadmap for your venture. It outlines your goals, strategies, financial projections, and growth plans. A solid business plan is essential for attracting investors, securing loans, and staying on track as you grow. Your business plan should include:

  • Executive summary: A brief overview of your business.
  • Business description: What your business does and its market position.
  • Market analysis: An overview of industry trends, competitors, and target market.
  • Marketing and sales strategies: How you plan to attract and retain customers.
  • Financial projections: Expected income, expenses, and profitability.

Your business plan will evolve as your business grows, but it’s an essential starting point.

4. Focus on Building Strong Relationships

Networking and building relationships with other business owners, customers, and mentors is crucial. As a woman entrepreneur, forming a support network of like-minded individuals can provide invaluable advice, opportunities, and moral support. Here’s how to build meaningful relationships:

  • Attend networking events, both online and offline, to connect with other entrepreneurs.
  • Join industry-specific groups and communities to share ideas and resources.
  • Find a mentor who can guide you through challenges and offer insights based on experience.

Strong relationships will not only help your business thrive but also create a sense of community that fosters growth and collaboration.

5. Manage Your Finances Wisely

Financial management is at the core of building a sustainable business. Many women entrepreneurs struggle with securing funding or managing their finances effectively, but with the right tools and strategies, you can ensure long-term profitability. Consider the following tips:

  • Create a budget and track your expenses to ensure you’re staying within your financial limits.
  • Build an emergency fund to cover unexpected costs.
  • Seek out funding options such as grants, loans, and investors, but ensure you understand the terms and risks.
  • Regularly review your financial statements to monitor cash flow and profitability.

Responsible financial management will keep your business afloat and ensure its sustainability in the long run.

6. Adapt to Market Changes and Embrace Innovation

The business world is constantly evolving, and it’s crucial to stay ahead of the curve. As a female entrepreneur, you need to be flexible and open to change, whether that means adapting your products, services, or business model. Stay informed about industry trends, new technologies, and customer preferences to keep your business relevant.

Here are a few ways to embrace innovation:

  • Invest in technology to streamline operations and improve efficiency.
  • Continuously seek customer feedback to improve your offerings.
  • Be open to pivoting your business model if needed to stay competitive.

By staying adaptable and forward-thinking, you’ll ensure that your business remains viable and ready to tackle future challenges.

7. Prioritize Work-Life Balance

Sustaining a successful business is not just about financial growth—it’s also about personal well-being. Women entrepreneurs often face the challenge of balancing their business responsibilities with personal life, which can lead to burnout if not managed carefully.

To maintain a healthy work-life balance:

  • Set clear boundaries between work and personal time.
  • Delegate tasks when possible to avoid overwhelming yourself.
  • Take time for self-care, whether it’s through exercise, hobbies, or spending quality time with loved ones.

Taking care of yourself will ensure that you remain energized, focused, and able to lead your business with clarity.

Conclusion

Building a sustainable business as a woman entrepreneur requires dedication, resilience, and a strategic approach. By starting with a clear vision, conducting market research, creating a solid business plan, and managing finances wisely, you can set a strong foundation for long-term success. Remember to network, stay adaptable, and prioritize your well-being to ensure your business continues to thrive for years to come.

At Women of Rubies, we are committed to empowering women entrepreneurs by providing the tools, resources, and support needed to build sustainable businesses that make a lasting impact. Keep striving, and together, we can create a future of limitless possibilities.

Canada offers a wealth of opportunities for women looking to build rewarding and financially secure careers. As the country continues to promote gender equality in the workplace, women have increasingly been able to break barriers and thrive in high-paying professions across various industries. From healthcare to finance and technology, here are 10 high-paying jobs for women in Canada, complete with salary estimates, key skills, and reasons why these careers are so lucrative.

Physician/Surgeon

  • Salary: $150,000 – $350,000+ per year
  • Key Skills: Medical expertise, decision-making, attention to detail, patient care, communication, problem-solving, leadership.
  • Why It’s Lucrative: Physicians and surgeons are compensated highly due to the extensive education and training required, as well as the critical nature of their work. Specializing in high-demand areas such as cardiology or neurosurgery can significantly increase earning potential. The need for skilled healthcare professionals remains high, driving up salaries.

2. Dentist

  • Salary: $120,000 – $250,000+ per year
  • Key Skills: Dental knowledge, manual dexterity, patient care, communication, problem-solving, business management (for private practices).
  • Why It’s Lucrative: Dentists are highly paid because of the technical expertise needed and the high demand for dental care. Specializations such as orthodontics or oral surgery come with even higher salaries, and those who own their practices can significantly boost their income.

3. Pharmacist

  • Salary: $90,000 – $130,000+ per year
  • Key Skills: Pharmaceutical knowledge, attention to detail, communication, patient counseling, inventory management, problem-solving.
  • Why It’s Lucrative: Pharmacists are well-compensated due to their critical role in healthcare. They ensure patients receive the right medications and advise on their use, which requires specialized knowledge and ongoing education. Positions in hospitals, or owning a pharmacy, can increase their earning potential.

4. Lawyer

  • Salary: $100,000 – $300,000+ per year
  • Key Skills: Legal knowledge, negotiation, communication, critical thinking, research, attention to detail, time management.
  • Why It’s Lucrative: Lawyers earn high salaries due to the specialized knowledge required to navigate complex legal matters, including contracts, litigation, and corporate law. Senior roles in corporate law, intellectual property, or family law tend to be the most lucrative, with additional bonuses or profit-sharing opportunities in private firms.

5. Engineer

  • Salary: $80,000 – $150,000+ per year
  • Key Skills: Technical expertise, problem-solving, analytical thinking, project management, teamwork, creativity.
  • Why It’s Lucrative: Engineers work in high-demand sectors such as software development, petroleum, and civil engineering. The technical skills required, along with the ability to solve complex problems, make engineers highly valuable. Specialized fields, such as petroleum engineering, often offer the highest salaries due to the expertise needed.

6. IT Manager/Software Developer

  • Salary: $85,000 – $140,000+ per year
  • Key Skills: Programming, software development, problem-solving, leadership, project management, systems analysis, cybersecurity.
  • Why It’s Lucrative: The tech industry is booming, and highly skilled IT professionals and software developers are in high demand. Their ability to create, manage, and protect complex systems has made them indispensable to businesses. The demand for cybersecurity and software development is particularly strong, leading to competitive salaries.

7. Financial Manager/Analyst

  • Salary: $90,000 – $160,000+ per year
  • Key Skills: Financial analysis, forecasting, strategic thinking, budgeting, communication, data interpretation, problem-solving.
  • Why It’s Lucrative: Financial managers and analysts oversee critical aspects of business operations, such as budgeting, investments, and financial planning. Their expertise is essential for the financial health of organizations, driving up salaries. Women who rise to senior roles, such as CFO or financial director, can see higher earnings.

8. Airline Pilot

  • Salary: $80,000 – $200,000+ per year
  • Key Skills: Technical knowledge of aviation, communication, problem-solving, decision-making, leadership, attention to detail, stress management.
  • Why It’s Lucrative: Airline pilots are highly trained professionals responsible for the safety and efficiency of air travel. The job requires not only technical flying skills but also the ability to make quick decisions and handle stressful situations. Senior pilots, especially those working for major international airlines, earn lucrative salaries.

9. University Professor (Tenured)

  • Salary: $100,000 – $200,000+ per year
  • Key Skills: Expertise in a specific academic field, research, communication, presentation, mentorship, critical thinking, time management.
  • Why It’s Lucrative: Tenured professors enjoy job security and the opportunity to earn a high salary, particularly in specialized fields such as law, engineering, or medicine. The combination of teaching, research, and administrative responsibilities can make this a rewarding and financially stable career. Those with strong research funding or leadership roles in their departments may see higher salaries.

10. Marketing Director/Manager

  • Salary: $80,000 – $150,000+ per year
  • Key Skills: Strategic thinking, creativity, market research, digital marketing, communication, project management, leadership.
  • Why It’s Lucrative: Marketing professionals, particularly those in leadership positions, are responsible for driving brand awareness, market penetration, and customer engagement. Their role is crucial for the success of an organization, and their ability to create and execute effective marketing strategies is highly valued. Companies are willing to pay a premium for experienced marketing directors and managers, particularly in high-demand industries like tech, healthcare, and consumer goods.

Conclusion

The Canadian workforce offers numerous high-paying career options for women, spanning diverse industries such as healthcare, law, engineering, finance, and technology. These roles not only provide financial security but also empower women to make a significant impact in their fields. The combination of specialized skills, high demand, and the critical nature of these professions makes them particularly lucrative. Whether you’re looking to enter one of these professions or already working in a high-paying field, the opportunities for women in Canada are abundant and diverse. With the right skills and experience, women can continue to break barriers and succeed in these rewarding careers.

 

Are you thinking about transforming your side hustle into a full-fledged business? One of the first steps on this exciting journey is to establish a solid business budget. A well-planned budget can help you navigate the financial landscape of running a business, ensuring you stay afloat and grow.

What is a Business Budget?

A business budget is a detailed financial plan that outlines your business’s income, expenses, and profits. It serves as a roadmap to help you understand how much money is coming in and where it’s going. This insight is crucial for making informed decisions and keeping your business running smoothly.

There are various formats you can use to create a business budget. A simple Excel sheet can be a good starting point. For more advanced options, you might consider using budgeting software like Freshbooks, PocketGuard, or Xero.

Why You Need a Business Budget

As a small business owner, you might be tempted to mix your personal and business finances. However, maintaining a separate business budget is essential for several reasons:

  1. Clarity in Financial Management: A business budget helps you track expenses, revenues, and profits, reducing the risk of financial confusion or overspending.
  2. Tax Preparation: Keeping your business finances separate simplifies tax filing and ensures you don’t miss out on deductions.
  3. Financial Health Monitoring: Understanding your cash flow helps you anticipate and plan for slow periods, preventing unexpected financial shortfalls.

Steps to Create a Business Budget

Creating a business budget doesn’t have to be daunting. Here are six simple steps to guide you:

  1. Identify Your Income Sources

    Begin by listing all the ways your business earns money. This could include product sales, services offered, or other revenue streams. For example, if you’re a photographer, your income streams might include:

    • Weddings: $300
    • Engagement shoots: $200
    • Portrait shoots: $150

    Calculate your total monthly revenue to understand your average income and identify peak and low periods.

  2. Detail Your Expenses

    Next, list all your business expenses. Be thorough and include everything from rent and utilities to software subscriptions and marketing costs. Common expenses include:

    • Payroll (including your salary if you’re a solo entrepreneur)
    • Rent or office space costs
    • Utilities and internet
    • Advertising and marketing expenses
    • Taxes and business insurance
    • Office supplies and equipment
  3. Calculate Your Profit or Loss

    Subtract your total expenses from your total revenue to determine your profit or loss. This calculation will give you a clear picture of your financial health over a specific period, such as the last quarter or year.

  4. Adjust Your Budget as Needed

    If you’re not satisfied with your profit margin, consider adjusting your budget. Look for areas where you can cut costs, such as reducing unnecessary services or finding more affordable suppliers. Additionally, explore ways to increase revenue, like introducing new products or services or adjusting your pricing strategy.

  5. Establish an Emergency Fund

    As your business generates consistent profit, set aside funds for emergencies. Aim to save at least three months’ worth of essential expenses, such as payroll and rent. This emergency fund can be a lifeline during unexpected downturns or personal time off.

  6. Stick to Your Budget

    Finally, discipline is key. Stick to your budget and avoid unnecessary expenditures. While it’s important to reward yourself for hard work, be mindful of your spending to ensure long-term financial stability.

By creating and adhering to a business budget, you’ll gain control over your finances, make informed decisions, and set your business on a path to success. Remember, a budget is not just a financial tool; it’s a strategic guide to help you achieve your business goals.

Grants for Female Entrepreneurs can be a vital source of financial support for women looking to grow their businesses in Canada. In 2024, women are breaking barriers with their innovative ideas.  Grants can be a game-changer for your venture, providing the necessary support to succeed. These grants are not only about the money but also represent a vote of confidence in the power of women-led businesses. Let’s explore these opportunities together.

9 Grants for Female Entrepreneurs in Canada

1. Canadian Women’s Foundation

At the forefront of the movement for women’s empowerment, the Canadian Women’s Foundation offers grants to fuel initiatives dedicated to uplifting women and girls. From economic development to safety and leadership, their grant programs address a wide range of issues impacting women across Canada. Non-profit organizations, charities, and community groups are encouraged to apply for funding to drive positive change and dismantle systemic barriers faced by women.

2. The Women Entrepreneurship Fund

Recognizing the vital contributions of women entrepreneurs to Canada’s economy, the Government of Canada offers the Women Entrepreneurship Fund. This initiative provides funding to women-owned and women-led businesses, enabling them to grow and thrive. With a focus on increasing access to capital, networks, and expertise, this fund empowers women from diverse backgrounds, including Indigenous women, women with disabilities, and newcomers.

3. Alberta Women Entrepreneurs

Grants for Female Entrepreneur

Alberta Women Entrepreneurs (AWE) has empowered women in business for over 28 years, emphasizing capital, connections, and capacity building. They provide financial support through various lending programs and advisory services and foster networking by hosting seminars, events, and an annual awards ceremony. AWE addresses crucial challenges such as cash flow management and mental well-being, offering resources to navigate the tech industry. They support women entrepreneurs and help grow women-led businesses in Alberta.

4. FCC Women Entrepreneur Program

Grants for Female Entrepreneur
Business Career Concept. Afro Businesswoman Smiling Sitting In Modern Office. Copy Space

The FCC Women Entrepreneur Program by Farm Credit Canada is a comprehensive initiative to empower women in the agriculture, agribusiness, and food sectors. It aims to improve access to capital, enhance skills, and provide resources for learning and inspiration. $500 million over 3 years to help women entrepreneurs start or grow their businesses. The Women Entrepreneur Loan, a program’s central feature, facilitates financial advancement with a one-time loan processing fee waiver. The program offers events and resources for skill-building and networking in agriculture.

5. The Indigenous Women’s Fund of Canada

For Indigenous women, the journey towards empowerment is deeply intertwined with culture, heritage, and community. The Indigenous Women’s Fund of Canada provides grants to support Indigenous women’s leadership and community-driven initiatives. By amplifying Indigenous voices and supporting projects focused on self-determination and healing, this fund plays a vital role in strengthening Indigenous communities and fostering resilience.

6. The Royal Bank of Canada (RBC) Women’s Entrepreneurial Accelerator Program

Aspiring women entrepreneurs across Canada find support and resources through the RBC Women’s Entrepreneurial Accelerator Program. Through grants, mentorship, and access to valuable resources, this program empowers women-owned businesses to reach new heights. By fostering innovation and promoting economic empowerment, RBC’s initiative plays a crucial role in shaping the landscape of entrepreneurship in Canada.

7. Women in Technology Venture Fund

The Women in Technology Venture Fund by the Business Development Bank of Canada (BDC) is a significant initiative to support female-led technology firms. One of the largest funds globally for Canada’s tech ecosystem, with a dual mandate of generating investment returns and making a lasting impact. The fund, which is closed to new investments, has a strong portfolio of companies and is focused on nurturing existing ones. With a commitment to fostering leadership and innovation among women in technology, BDC’s fund catalyses economic prosperity and excellence across Canada’s tech landscape.

8. Women in Trade Grants Grants for Female Entrepreneurs

Export Development Canada (EDC) offers a comprehensive program to empower women entrepreneurs for global business success. This initiative provides financial solutions and insights for international market growth. It includes resources for various export stages, managing risks, and cash flow. EDC offers services like Credit Insurance, Financing, Working Capital solutions, and the Export Guarantee Program. The Women in Trade program under EDC also features an Inclusive Trade Investments Program, aiming to address funding gaps for women and diverse exporters. Additionally, EDC offers educational tools, success stories, and expert advice to support women in expanding their businesses internationally.

9. Thrive Venture Grants for Female Entrepreneurs

Grants for Female Entrepreneur The Thrive Venture Fund for Women, facilitated by BDC, supports the growth of women-led tech companies in Canada. This fund is for Canadian women entrepreneurs in tech at the Seed and Series A/B stages. It supports women in tech to thrive and lead Canada’s tech industry globally.

The fund empowers women in tech entrepreneurship with necessary resources, collaboration opportunities and a platform to transform markets. The initiative aligns with BDC’s goal to build a robust, diverse, and inclusive economic landscape.

Here are 9 grants for female entrepreneurs in Canada that promote gender equality and support women’s empowerment in business. They can be used to start a business or to support its growth. These grants value diversity and innovation, creating an inclusive economic landscape where women can succeed in their entrepreneurial industries.

myEKI Marketplace, a leading hub for local and global commerce, has joined the Women of Rubies Media Visibility BootCamp as a sponsor, reinforcing its commitment to empowering women in business and media.

The BootCamp, organized by Women of Rubies, is designed to equip women with essential skills to amplify their personal and professional brands through media exposure and strategic storytelling. The program will feature expert-led sessions on media strategy, public relations, and maximizing visibility in today’s competitive landscape.

Known as the #1 Largest Hub for Local & Global Commerce, myEKI Marketplace serves vendors, riders, shippers, and customers, offering a one-stop platform for everything from vendor listings to international shipping and classified ads. Their sponsorship of this impactful initiative highlights their dedication to community development and fostering opportunities for women to thrive.

myEKI Market place

“We are excited to have myEKI Marketplace on board as a sponsor for the Media Visibility BootCamp,” said Esther Ijewere, Founder of Women of Rubies. “This partnership is a celebration of shared values—empowerment, innovation, and the belief in the transformative power of visibility. With myEKI’s support, we’re creating a platform for women to amplify their voices and create lasting impact.”

myEKI Marketplace’s sponsorship also includes a special campaign, giving women the opportunity to win tickets to the BootCamp. This initiative not only supports women’s participation but also encourages a wider audience to engage with the mission of Women of Rubies.

“At myEKI, we understand the importance of visibility in driving success,” said [Spokesperson Name, Title]. “We are proud to sponsor the Media Visibility BootCamp and support women who are breaking barriers and redefining industries.”

About myEKI Marketplace

myEKI Marketplace is a full-service platform designed to meet the diverse needs of local and global users. From vendor listings and local deliveries to international shipping and classified ads, myEKI integrates these features into a seamless, user-friendly experience.

For updates on the BootCamp and details on how to win tickets, follow myEKI Marketplace and Women of Rubies on social media.

myEKI Market place