Women empowering women in finance: the power of networking and mentorship

Happy International Women’s Day! At Eagle, we’re excited to celebrate the incredible women making waves in the finance community – and this year, it’s all about women empowering women.

Let’s be honest: finance has traditionally been a male-dominated field. But times are changing, and more women are breaking through, supporting each other, and paving the way for future generations. Whether you’re just starting out or climbing the corporate ladder, having a solid network and mentors who get it can be game-changing. So, let’s chat about how we can empower each other and build a supportive, unstoppable network of women in finance.

Why networking and mentorship matter

Being part of a supportive community can transform your career. Networking allows you to connect with like-minded professionals, exchange ideas, and discover new opportunities. It’s about sharing your experiences, learning from others, and finding allies who encourage your growth. And mentorship? It’s the ultimate support system – a mentor can offer guidance, help you navigate challenges, and inspire you with their own journey.

How to build a strong network

Building a network might sound daunting, but with the right approach, it can be rewarding and even enjoyable. Here are a few tips:

1. Start with LinkedIn: LinkedIn is a powerful tool for connecting with other finance professionals. Don’t just follow people – engage with their posts, share your thoughts, and reach out to introduce yourself. Personalise your messages, too. Let them know why you’d love to connect. And remember, it’s not about the quantity of connections but the quality. Seek out people who inspire you and have similar goals or experiences.

2. Join finance groups and events: Industry groups and events are perfect for meeting new people and hearing from others in the field. Whether it’s a women-focused finance meetup, a conference, or a workshop, these spaces are designed to foster networking. And if there’s a finance group specifically for women in your area, even better! Don’t be afraid to attend solo – just think of it as the first step in building your network.

3. Be an active listener: When you’re networking, remember it’s a two-way street. Show genuine interest in the people you meet. Ask questions, listen to their stories, and be curious. Not only does it help you learn, but it also makes a lasting impression. People remember those who took the time to really listen.

4. Be brave and reach out: It’s easy to feel intimidated reaching out to someone you admire. But remember, most people are happy to connect and share their insights! If you’ve read an article by someone or seen their LinkedIn post, reach out and mention it – everyone loves a bit of appreciation.

Finding mentors to support your journey

A mentor can be your guiding star in the finance world, offering insights you won’t find in any textbook. Here are some steps to finding the right mentor:

1. Identify your career goals: What do you want to achieve, and where do you need support? Knowing this will help you look for a mentor with the skills and experience that match your aspirations. Maybe you want someone who’s climbed the corporate ladder, or perhaps you’re interested in someone who’s successfully transitioned into a new finance specialty.

2. Look within your network: Sometimes the best mentors are closer than you think! Start with people in your existing network, like a former boss, a senior colleague, or even a family friend. They already know you, and they might be thrilled to help you on your journey.

3. Join mentorship programmes for women in finance: Look out for industry-specific mentorship programmes, many of which are designed to support women in finance. Some professional organisations and finance groups offer mentorship matching. These programmes can help you find mentors who understand your challenges and are committed to supporting your growth.

4. Be clear about your needs: When you reach out to a potential mentor, be honest about what you’re hoping to get out of the relationship. Mentorship is most successful when both parties know the goals. It doesn’t have to be a formal relationship – sometimes, a casual coffee catch-up can lead to a wealth of insights.

5. Offer your support too: Mentorship doesn’t have to be one-sided. Maybe there’s something you can offer in return, like a fresh perspective on a project or support with technology. Building a reciprocal relationship can make your mentorship feel balanced and rewarding.

The ripple effect: empowered women empower women

When women support each other, the ripple effect is powerful. By empowering others, we build a stronger, more inclusive finance community. As we rise, we create space for the next wave of women to step up and succeed. So, don’t hold back – share your successes, celebrate the wins of those around you, and cheer each other on.

At Eagle Education, we’re proud to be part of this journey with you, fostering a community where women in finance can connect, grow, and thrive together. This International Women’s Day, let’s pledge to support each other, lift each other up, and continue creating a finance industry that’s as diverse and dynamic as the women in it.

Happy International Women’s Day! Let’s keep empowering each other – today and every day.