The blockchain industry is a male-dominated space, and women have had to fight for their place in the industry. While there are more women in crypto than ever, they are still underrepresented among top executives and decision-makers. According to research conducted by Coin Center and Women’s Funding Network (WFN), over one-third of all ICO teams globally are male-only.
Female leaders face male-dominated power structures daily and must overcome numerous hurdles like underrepresentation and a lack of opportunities to advance their careers. While there are a number of female executives, research from McKinsey & Company (M&Co) shows that women make up about half of the workforce. Still, they account for only 16% of management positions.
An example of such a woman is Philcoin’s Executive Director of Operations, Rosalinda Rivera, who is a powerful force in the crypto world and has this to say, “It’s a fantastic opportunity to show women the many opportunities that exist in the crypto space.” “Let’s take it back to the core purpose of crypto, which is to bring wealth, freedom, and access to all. This cannot be achieved without fair representation of gender among crypto leaders and founders.”
According to Rivera: “I feel that my background in philanthropy uniquely prepared me to have the courage, compassion, and competitiveness required to lead in this industry. I am grateful to play a role in showing the world how generous crypto can be – and how much opportunity exists for everyone regardless of where they live, how much they earn, who they bank with, their education level, etc.”
Rivera says that “women are typically more cautious than men regarding new opportunities. As women, we can sit confidently at the leadership table because we are naturally creative, entrepreneurial, and visionary. I find the crypto space to be an eye-opener for me, and I have learned so much about myself, my ideals, and the world because of crypto’s ability to generate wealth for everyone.
For women wanting to enter a male-dominated field, like crypto, my advice is that you have to be your biggest cheerleader at times. Be yourself. Don’t allow the words of others to deter you from your destiny.
How to Succeed as a Female Leader in a Tough Industry?
Network and Accept Help
Networking is one of the most important things you can do to ensure your success as a female leader. You should always be on the lookout for people who can help you or give you advice and guidance, but don’t be afraid to say no if someone offers you something that seems inappropriate or doesn’t match up with what you’re trying to accomplish.
Finding a female mentor is one of the most important things you can do to help yourself succeed. A good mentor will help you learn from their experience and will be able to guide you in achieving your career and personal goals. They might also be able to advise on navigating the workplace, developing skills necessary for success at the company, or dealing with difficult situations that arise within it.
Build Your Confidence
Accept that you are an expert and that you belong. It’s hard to accept that you are an expert when you have to prove it every day. But if you’re a professional, then why are people coming up with excuses for not giving your ideas the time of day?
You have a right to be there, and just because someone else has done something differently doesn’t mean it’s wrong for you! You know what works best for your company or team; don’t let anyone convince you otherwise. If someone says something negative about your work or personality (or both), ask them why they feel this way instead of arguing back with them—it will save both your time and energy in the long run!
Know When to Say No
When you’re in charge, saying yes to every request can be tempting. But saying all the time yes isn’t good for your career or your relationships with others. If you say yes too often or without much thought, ask yourself: “Is this something that will help me achieve my goals?” Does it fit into what I want from this job? Is it worth my time and energy? “
If the answer is no—and not just for one item but for many items over time—then consider saying no instead of continuing down a path that feels less rewarding than what’s available right now.
Women are underrepresented in the crypto industry, but they can still make an impact. The key is learning as much as possible about this new field and then using it to your advantage. As a female leader in crypto, you will have a lot of work cut out for yourself—but if you’re willing to put in the effort, plenty of opportunities are waiting for you!