Advantages Of Women Entrepreneurs Business Essay

Advantages Of Women Entrepreneurs Business EssayIn India women entrepreneurs play a very pivotal role. They argon not whole educated, talented, confident, ambitious and travel oriented but they also know their minds. This helps them to juggle the tasks, manage each the chores and strike a fine balance among the professional and private lives. They keep back a good foresight, patience, negotiating and budgeting skills.To twenty-four hours, women nonplus demonstrated their multitasking ability. Women entrepreneurs brook certainly initiate, organize, plan and operate their small and medium venture efficiently. Affirming this notion, Ms. Husain death chair and Managing Director of Shanaz Husain Group of companies elaborate, the women who is creative finds spaciouser plaindom to reiterate her creativity and ideas when she has her own enterprise. For those women without high professional qualifications and those who are from a set out economic sector, entrepreneurship is a me ans of earning money and contributing to the family income. However, the challenge for the large sections of women in India lies in crossing the threshold, oercoming barriers and discovering their own potential and identity. The climate is much conducive today and the term is right.CUsershclDesktopwomen- line of products.jpgADVANTAGES OF WOMEN ENTREPRENEURSAdvantages of women entrepreneurs are as follows1. aflame IntelligenceWomen are more emotionally intelligent than man and be take ined of good interpersonal skills which are vital for framing strategies and building support.2. Multitask orientation courseWomen come the ability of handling many tasks at the same epoch like talking on the phone, reading their mails, scheduling what else needs to be finished for the rest of the day and giving excellent results. They balance their families and rush simultaneously effectively. Men are known to deliver been more hard with multitasking tending to focus on one or two things, hence wasting opportunities.3. Self-Branding AttitudeWoman entrepreneurs are extremely passionate by nature and enthusiastic about their choices, talking about them and sharing their thoughts. They accent the gain grounds of their services to their potential clients and are aware of how to highlight the positive features.4. forbearanceWomen entrepreneurs are very patience by nature and have great vision. Visionary entrepreneurs giving up on their dreams after only about months as a consequence of becoming impatient with the process only proves that the vision is not enough. The ability to wait and see is a find attribute in order to receive positive outcomes and women have it naturally.5. demandWomen entrepreneurs have a great passion for the work and a commission to society. If they have the drive to pursue entrepreneurship, it means they are not fearful of taking any risks and ordain also make monetary gains. They possess the inner strength to continue and searches all p ossible means to parcel of land their business ideas with new(prenominal)s.The increasing number of women entrepreneurs sess promote economic and br early(a)ly equity which facilitates ego-fulfillment for individuals, and improve the use of valuable human capital. fair(prenominal) traits and talents locoweed be seen as sources of power with great advantages for entrepreneurship. In the in force(p) future women may be closing the venture capital sexual practice gap.DISADVANTAGES OF WOMEN ENTREPRENEURSFamily ConsiderationsIn the United States, women are more in all likelihood to shoulder a greater share of child-rearing duties. Children may demand their mothers undivided attention, which can be a challenge for young-bearing(prenominal) entrepreneurs to deal with. Building and running a new business requires a great deal of time, which may booking with ones family obligations. Women in this situation must balance their family life with their duties as entrepreneurs. For ex ample, parents can communicate about the need to devote some time during the day solely on business, while other times can be devoted to family matters.ConfidenceAlthough both men and women can face issues of self-doubt, or lack confidence to compete in the business market, men do not suffer from the same degree of prejudgment as do women entrepreneurs. For example, male business leaders may not believe that their female counterparts can compete or innovate to the degree that men can. The stern of these views are stereotypes about women. Having female mentors and confidants can help instill self confidence in your abilities as a female entrepreneur.Financial hindranceThe foremost disadvantage of female entrepreneurship is the capital financing barrier. When boodleing a business, entrepreneurs need to line up capital to get the business glowering of the ground. Female entrepreneurs often get their initial funding from family loans, savings and creed cards. However, women can obt ain capital from government spark offup programs, self-funding and venture capitalists. When women have promising business ideas, it is less difficult for them to obtain startup capital. Therefore, having square(a) business plan helps in reducing the finance barrier for women. leave out of NetworksFemale entrepreneurs are more likely to encounter difficulty because they are less likely to be associated with networks of people who can help them in planting and sustaining businesses. Networks include people who provide mentorship, help and valuable culture to entrepreneurs. Men tend to dominate the highest levels of corporate leadership. Therefore, there are less women available to provide valuable advice to female entrepreneurs. Women also face customer/supplier discrimination, which occurs when customers or suppliers discriminate against women-owned firms. In response, women business leaders can create their own networks to cultivate the success of female entrepreneurs.Female Entrepreneurs Versus anthropoid EntrepreneursDo men have an advantage over women when it comes to starting a business?Historically, research has seemed to show that men have an advantage over women when it comes to starting a business.More recent research indicates that the perceived contrariety between male and female entrepreneurs doesnt actually pull through and gender is not a determining factor in the success or distress of a new business venture.But even though gender itself doesnt put female entrepreneurs at a disadvantage, the statistics point to several other factors that can impact the performance of women-owned business startupsExperience ExpectationsStatistically, men benefit from more business experience and higher expectations prior to opening a business. This may give men a confidence advantage when they launch a business, but according to the numbers women are more likely to report positive revenues. So whats the lesson? If you are a female entrepreneur, you sho uldnt be intimidated by male counterparts even if they seem to enjoy more experience, higher expectations, and greater confidence.Risk ToleranceAccording to the numbers, female owners are more likely to prefer low risk/low fall businesses. Male entrepreneurs, on the other hand, are more likely to start technologically intensive businesses, businesses that lose their competitive advantage more quickly, and businesses that have a less geographically localized customer base. In other words, men tend to embrace more risk than women in a new business venture. Risk is sometimes unavoidable as a business owner. But for the most part, female entrepreneurs should take steps to manage a healthy balance between risk and reward in their companies.Education, Business Size, Hours WorkedAs it turns out many of the differences that have been thought to exist between male and female business owners are more fiction than reality. When all other variables are taken into account, male and female entr epreneurs have the same education levels, start businesses of similar sizes, and work roughly the same amount of hours. Since the notion that female entrepreneurs are less educated with little companies and less time to devote to their business is false, female small business owners should feel relieved of much of the pressure to prove themselves to their peers and more free to enjoy the fruits of their entrepreneurial endeavors.CONCLUSIONWomen are known for their multitasking ability they have lot of responsibilities to fulfill such as household duties, office duties and in case of mothers, it becomes too difficult for them to step out of the house, for specific time and work in their area of interest. Because of this most of women dont get chance to go for jobs although it is their passion.A cleaning lady, having flexible working hours and a choice of job give show miracles in the market. Starting business at home is a great opportunity for any women to start their journey in a corporate world.It is proven that woman who runs her own business is happier than a woman who works for others. Advanced technology has given a chance to start and manage their business from home and to pursue their dream of becoming an entrepreneur. This will help them to make money for themselves while relaxing at home. They can work wherever and whenever they want. Because of this they can maintain a balance between their personal and professional life.