WOMEN ENTREPRENEURS

Meaning of Women Entrepreneurs

Women Entrepreneurs are those women who think of a business enterprise, initiate it, organise and combine factors of production, operate the enterprise and undertake risks and handle economic uncertainty involved in running it.

Definitions of  Women Entrepreneurs

According to Schumpeter – “Women entrepreneurs are those women who innovate, initiate or adopt a business activity”.

According to Government of India – “A woman entrepreneur is defined as an enterprise owned and controlled by a woman having a minimum financial interest of 51 percent of the capital and giving at least 51 percent of the employment generated in the enterprise to women.

According to Frederick Harbison – “Any women or group of women which innovates, initiates or adopts an economic activity may be called women entrepreneurship”.

ALSO YOU CAN READ :- ENTREPRENEURSHIP

Characteristics of Women Entrepreneurs

-  Ability to Work Hard

- Analytical Ability of Mind

- Openness to Feedback and Learning from Experience

- Desire to take risk

- Leadership

- Flexibility 

Importance of Women Entrepreneur

- Multi-Tasking

- Create and use their Network

- Innovative

- High - Patience Level

- Self Branding and Marketing

Factors Motivating Women Entrepreneurship

- Education and Learning

- Financial motives

- Self- Satisfaction

- Social Expectations

- Experience

- Family influences

FUNCTION OF WOMEN ENTREPRENEUR

- Role in Innovation

- Act as Male Counterpart

- Managerial Function 

- Assumption of Risk

- Business decisions

PROBLEMS OF WOMEN  ENTREPRENEURS

- lack of Confidence

- lack of management Inputs 

- Financial problems

- Problems of Marketing

- Decisions-Making and Problem -solving 

- Government Assistance Problems

INSTITUTIONS SUPPORTING WOMEN  ENTREPRENEURS

1) Federation of Indian Women entrepreneurs(FIWE)

2) Women;s india trust 

3) Small industries development organisation 

4) National Bank For Agriculture and Rural Development(NABARD)

5) Khadi and village industries Commission (KYIC) 

6) Association of Women Entreprenures of Karnataka(AWAKE)

7) Small industries Developmeent Bank of india (SIDBI)

GOVERNMENT SCHEMES TO DEVELOP WOMEN ENTREPRENEURS

1) Indira Mahila Yojana (IMY)

2) Swayamsidha

3) SBI Stree Shakti Package

4) Swa - shakti

5) Rashtriya Mahila Kosh

Why women become entrepreneur?

- To establish their own enterprise

- To establish their identity in the society

-  To achieve Excellency in their endeavour

- To build confidence to themselves

- To develop risk assuming ability

-  To claim equal status in the society

TOP 5 WOMEN ENTREPRENEURS 

1. Vani Kola is a renowned name in the Indian venture capital industry

2,Radhika Ghai  successful female entrepreneurs in India, Radhika Ghai holds a prominent place

3. Shahnaz Husain is a female entrepreneur in India and also a household name in the country

4, Falguni Nayar is a self-made billionaire and one of India’s leading names in the business fraternity.

5.Kiran Mazumdar Shaw is a prominent name in the club of female entrepreneurs in India

Suggestions to Solve Problems of Women entrepreneurs

1) Overcoming Gender Discrimination against Women in business

2) Acknowledge Dominating Women in Job Fields And Industries

3) Government challenges and resources for women

4) Finding the rights Work-Life Balance for busy working women

5) Finding Inspiration and support from othwe Business Women