How to be a Good Women Entrepreneur

Women entrepreneurship is the empowerment of women to develop a business strategy and handle and manage it independently. Women entrepreneurship is an organization where women are working as a team. Nowadays, women empowerment plays a vital role to modify this process. Many women due to high literacy rate are coming in the industry and helping other women to get their livelihood.

How to be a Good Women Entrepreneur

How to be a Good Women Entrepreneur


Growth of women entrepreneurship:

Women from different strata of society are starting their business and aiming for self-independence and stable financial conditions are because of the growth of Industry, Financial assistance and suitable resources, growth of literacy rate.

This women entrepreneur in India can be categorized into-

•    Push Factor

Generally widows and single women come forward for some business and earn their livelihood.

•    Pull Factors

Generally educated women with some work experience begin a new business. Their motive is to be financially independent and help other women to grow up. That’s why it is called ‘pull’ factors.

•    Affluent Factors

Those women who have sound financial condition and resources invested for an independent business. It is called affluent factors or affluent entrepreneurship.

•    Rural Entrepreneurship

Women from rural areas start a business of their own with a low budget and special skill.

•    Self Employed Entrepreneurs

Women of below poverty line try to do something for themselves on the basis of their skill.  This process is not so well developed but surely it is a good sign of women empowerment.

The problem faced by women entrepreneur:

•    Women are thought to be weak in society.
•    They have their family responsibility but get lack of support from the family members.
•    Middlemen come in the business they buy from women at a low price and sell in the market at a high price so, women entrepreneurs do not get their values.
•    High competition but lack of source and not sound financial condition

How to overcome this problem

•    Fear of Failure

What will happen if I fell? This is the biggest problem of any entrepreneurs. You have to accept the failure. Take some calculated risk; consult with an experienced person on that field. You can surely, overcome this problem.

•    Team Work

Teamwork is the key. One woman should help others and make it a team effort. Due to some reason if one could not come there should be a team who perform for her on that day. Make it a collaborative effort.

•    Encourage Other Women

encourage other women and select them in your group, train them properly for your business and ask them to help you. Thus, you can get some helping hand and balance your family and business and your helping hands can get some money to be self-dependant.

•    Right funding for financial help

worse internet asks the expert to know about right and suitable financial funding for your business.
 

Though this process is fully developed in our society. Still, we can take help from international sources to make it a broad process of women empowerment.


Now, you should read 5 Qualities of a Good Leader.

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