introduction
Women Entrepreneurs may be defined as women or groups of women who initiate , organize and operate a business enterprise. Government of India has defined women entrepreneurs as an enterprise owned and controlled by women having a minimum financial interest of 51 % of the capital and giving at least 51 % of the employment generated in the enterprise to women. Like a male entrepreneurs women entrepreneur has many functions. It should explore the possibilities of starting new businesses , take risks , the introduction of innovations , coordination administration and control of the business and provide effective leadership in all aspects of the business.Push -pull factors and business women
Women in business are a recent phenomenon in India. In general they trust themselves to small cottage industries and small business. Women entrepreneurs engaged in business due to push and pull . What encourage women to have an independent profession and stands in your legs . A sense towards making independent decisions about her life and career is the motivating factor behind this urge . Saddled with household chores and domestic responsibilities women want to be independent under the influence of these factors , women entrepreneurs choose a profession as a challenge and as a need to do something new. This situation is described as pull factors. While push factors women engaged in business activities due to family compulsion and responsibility imposed on them .Until the turn of the century , man has enjoyed a dominant position. But the change in the position of modern technological innovation and thinking can reduce the disparity between men and women and achieving equality and equity between them, the need of the hour in the empowerment of women through both providing employment and business creation. Typologically , the former leader of endogenous empowerment and empowerment second exogenous lead .
Women entreprenurer to have been making a huge impact in all sectors of the economy of Canada , Britain , Germany and Australia U.S. .
The areas chosen by women are retail trade , restaurants , hotels , education , culture, insurance and manufacturing cleaning .
It is the group of women or single women run a company or a company in order to obtain benefits. Today, due to women's empowerment women are stepping stone to industries and are taking the place of men. Now they are running day woman several businesses such as hair salons , shops , boutiques switching , etc.
Women entrepreneurs can be defined as a woman or group of women who initiate , organize and run a business enterprise. In terms of concept Schunpeterian of innovative entrepreneurs , women who innovate , initiate or adopt a business activity are called entrepreneurs.
The Government of India has defined women entrepreneurs based on women's participation in equity and the use of a commercial enterprise. Consequently , a woman entrepreneur is defined as an enterprise owned and controlled by a woman who has a minimum financial interest of 51 % of the capital and giving at least 51 % of the employment generated in the enterprise with a woman.
They have made their mark in business due to the following reasons:
They want to improve their value on innovation and competitive jobs .
They want change to control the balance between family and responsibility and business levels .
They want new challenges and opportunities for personal fulfillment .
Role of women as an entrepreneur :
1) Imaginative :
Refers to the original ideas or imaginative approach to competitive market. You need a well-planned approach to examine the current situation and identify business opportunities . It further implies that women entrepreneur association with persons having knowledge and hiring the right organization providing support and services.2 ) Attribute to work hard :
women entrepreneurs are better able to work hard. Imaginative ideas have to come to a fair game . It takes hard work to build a company ..3 ) Persistence :
Women entrepreneurs must intend to fulfill their dreams . They have to make a dream transferred to a company idea Studies show that successful women work hard .4) The ability and willingness to take risks desire refers to the willingness to take risks and the ability of competition in planning the use of estimates and forecast calculations .
5) Profit earning capacity :
she must have the ability to get the maximum return on investment.A woman entrepreneur also has to perform all the functions involved in the establishment of a enterprise.These include idea generation and detection, targeting , project development , product analysis , the determination of the forms of organization business , the formal activities , fundraising , recruiting men and machine materials business operations .
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