The 28-year-old singer has not had a serious relationship since she divorced footballer Ashley Cole in 2010 following claims he cheated on her, reported Contactmusic.
"Cheryl's pals are urging her to go for it. She wasn't sure at first, but now thinks, 'What have I got to lose?' after their success," a source said.
Cole had previously said she wants to focus on her career at present and doesn't have time for a new relationship.