Benefits of Women Entrepreneurship

Benefits of Women Entrepreneurship Jump to: Advantages of Female Entrepreneurs | Disadvantages of Female Entrepreneurs | Challenges for Female Entrepreneurs | Schemes to Develop Female Entrepreneurs | Leading Female Entrepreneurs in India | Differences between Male and Female Entrepreneurs Women constitute around half of the total world population. So is in India also. They are therefore regarded as the better half of the society. In traditional societies, they were confined to the four walls of houses performing household activities. In modern societies they have come out of the four walls to participate in all sorts of activities. The global evidences prove  Ãƒâ€šÃ‚  that women have been performing exceedingly well in different spheres of activities like academics, politics, administration, social work and so on. Now they have started plunging into industry also and running their enterprises successfully. Therefore while discussing on entrepreneurial development of women entrepreneurs in the country. Al through small businesses owned by women have traditionally focused on fashion , fond and other services sector, but recently women entrepreneurs have been moving rapidly into manufacturing, construction and other industrial filed. Women owned business are lightly increasing in the economics of almost all countries. The hidden entrepreneurial potential of women have gradually been changing with the growing sensivity to the role and economic status in the society. It means women have the potentials, skill, knowledge and adaptability to run a business successfully. Meaning And Definitions Women entrepreneur is a person who accepts challenging role to meet her personal need and become economically independent. There are economical, social, religious, cultural and other factors existing in the society which responsible for the emergency of the entrepreneurs. Women entrepreneur refers equally to someone who has started a one women business to someone who is a principal in family business or partnership or to someone who is shareholder in a public company which she runs.   Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  The Government of India has defined  Ãƒâ€šÃ‚  a women entrepreneur is an enterprise owned and controlled by a 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 . Advantages Of Female Entrepreneurs Social Networking.   Lets face it-women are natural networkers. They love to talk, mingle, and rub elbows. This is the very reason why husbands rarely ever manage the social calendar. In todays business environment, mastering social media is mandatory, and the ladies absolutely have a leg up! Intuition.   They call it womens intuition for a reason.   Women in general can size up another person much faster than her male counterpart. In todays ultra-fast paced business environment, you need the ability to quickly identify the allies and the enemies. Regardless if you are a male or female, you need to trust your gut. Pain Tolerance.   Okay, initially I would have said this is irrelevant. But after watching my children be born, there is no question that my wife can handle  a lot  more pain than I can. And I am not just talking physical pain, I mean emotional, too (have you seen how tough children can be on their mothers?). In business, there are a lot of painful moments. A lot. Women definitely have an advantage in this area. Multi-tasking.   Women are known for juggling many tasks at the same time and still being able to produce excellent results. Conversely, the guys are masters at focusing on one thing. Still, the advantage in todays distracting environment goes to women. Patience.   Women inherently seem to have more patience. And in todays business environment, patience is key! Aggressive business strategies are not paying off like they once did. Slow and steady wins the race in this category. Listening.   A friend of mine went to buy a new bed at a small bedding store owned by a husband and wife team. The female owner approaches my friend and asked all kinds of questions about why they needed a new bed, if they could fix their old bed, what else they were considering, etc. She asked questions and listened closely. She clearly showed that she cared about helping to meet their needs. My friend was moments away from buying any bed that she recommended. But just then, the frustrated husband on the sales team ran up and said let me handle this. Then he just tried to hard close the sale. He was pushy, telling them what he recommended and what they had to have. Guess what? The sale was lost the second he began speaking! They walked out. I am sure he blamed her, but it was him. The key is to ask questions and really listen. Quite frankly, any great sales person knows this, man or woman, it just seems that the ladies are naturally better at doing it. Problem/Disadvantages Of Female Entrepreneurs Women Entrepreneurs encounter two sets of problems i.e. general problems entrepreneurs and problems specific to women entrepreneurs. These are discussed follows Finance Finance is regarded as life blood for any enterprise be in big or small. However women entrepreneurs suffer from shortage of finance on two counts. Firstly women do not generally have property on their names to use them as collateral for obtaining funds from external sources. So that access to the external sources funds is limited. Secondly the banks also consider women less credit-worthy and discourage women barrowers on belief that they can at any time leave their business.  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚   Scarcity Of Raw Materials Most of the women enterprises are plagued by the scarcity of raw materials and necessary inputs. Added to this are high prices of raw materials, on the one hand and getting raw material at the minimum of discount on the other. The failure of many co-operatives in 1971 engaged in based making is example how the scarcity of raw material sounds the death knell of enterprises run by women. Male Dominated Society The constitution of India speaks of equality between sexes. But in practice women are looked upon as abla i.e.  Ãƒâ€šÃ‚  Weak in all respects. In male dominated Indian society, women are not treated equal to men. This turn serves as a barrier to women entry into business.   Lack Of Education In India around 60% of women are still illiterate. Illiteracy is the root cause of socio- economic problem. Due to the lack of education women are not aware of business, technology and market knowledge. Also lack of education causes low achievement motivation among women.   Market Oriented Risk A number of women have to face the challenges of market because of stiff competition. Many business women find it difficult to capture the market and compete with their product. They are not fully aware of the changing market conditions. Motivational Factors. Successful businessmen can be self motivated through setting up a mind and taking up risk and accepting social responsibilities on shoulder. The other factors such as family support government policies financial assistance etc. are also important to set up business. Lack of Confidence Women lack confidence in their strength and competence. The family members and the society and reluctant to stand beside their entrepreneurial growth Training Programs Training programs are essential to new rural and young entrepreneurs who wish to set up a small and medium scale unit. The programs enrich the skill and potential of women entrepreneur. Present Position Of Women Entrepreneurs Out of the total 940-48 million people in India in the 1990s of the female comprise of 465% of the total population. There are 126.48 million women work force (representing 28.9% of the female population) but as per the 1991 census only 185900 women accounting for only 4.5% of total self employed persons  Ãƒâ€šÃ‚  in the country were recorded. Majority of them are engaged in the un organized in the unorganized sectors like agriculture, agro based industries, handicrafts, handloom and cottage based industries. As per the 2001census report, there are of women workers of the total working population including formal as well as informal sector. In the era of L.P.G (Liberalization, Privatization, Globalization) the  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Indian women entrepreneurs are very fast entering the non -traditional sectors. Which indeed is in response to their greater awareness. Five Business Challenges Women Entrepreneurs Face and How to Overcome them Cultural Value The first entrepreneurial challenge women entrepreneurs face is that of cultural value or tradition. This challenge is more profound on women entrepreneurs in Africa; where the cultural value entails that the man/husband be the bread winner. A woman exhibiting her entrepreneurial prowess is presumed as wanting to take over the leadership role of the husband. This challenge also surfaces in families where the husband/father is an entrepreneur. The male children are usually groomed on  running the family business  and carrying on after the demise of the father while the female children are usually left out of this entrepreneurial grooming process. To overcome this entrepreneurial challenge,  you must be prepared to breakthrough this limiting tradition; you must stick to what you believe in. Societal Discrimination The next challenge women face in business is societal discrimination. Most people still live with the mentality that certain businesses or tasks are better handled by men.  Have you ever come across a female auto mechanic, plumber, mason or welder? What was your first reaction? You must have screamed what the hell is a woman doing with such occupation. Well, I have done it countless times. The truth is that we often assume women are generally incompetent in certain fields of life. People would rather deal with a business man than a woman. Why? The reason is because its believed that the men are born to do it. You might think this challenge is uncommon; wait until you lose a business deal or contract just because you are competing with male counterparts. The only solution to handling the challenge of societal discrimination is to develop a tough skin towards criticism. Stop seeing your feminine gender as a weakness; see it as a strength, and prove yourself by striving to outperform your male competitors. Lack Of Investors Confidence The third challenge women entrepreneurs face when starting a business is the challenge of raising capital. Investors naturally give less consideration to business women and I cant really pinpoint the reason for this. Its easier for business man to raise capital than a woman; except such a woman has proved her competence and credibility over time. Women entrepreneurs generally find it difficult to raise capital or obtain a bank loan because investors and bankers would rather risk their venture capital with male entrepreneurs than females. Now how do you overcome such challenge? The answer is persistence. You must keep asking for what you want;  irrespective of the amount of rejections you get. You must press on while selling yourself on why you should be trusted. Balancing Business And Family The fourth business challenge women entrepreneurs face is that of balancing business and family. Women naturally are the backbone of the family; they lay the building blocks on which the family foundation is built. So often times, women entrepreneurs usually find themselves torn between commitment to the family and business. Now how do you handle such challenge? The answer lies in  time management and delegation. These two keys are  essential to balancing your act and building a successful home alongside a family. Stress Due To Competition And Business Routine The last but not the least challenge women face in business is the stress and stiff competition associated with running a business.  The entrepreneurial process of building a business from scratch entails hard work, commitment and persistence. Business is a game of dog eat dog; to survive, you have to be tough. As a woman in business, you might find yourself going head to head with competition and fulfilling your business tasks; and this might lead to fatigue. When confronted with such challenge,  you have to use the art of delegation and time management to your advantage. Get the tedious business tasks off your neck and concentrate more on the core issues at hand. How to Develop Women Entrepreneurs   Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Right efforts on from all areas are required in the development of women entrepreneurs and their greater participation in the entrepreneurial activities. Following efforts can be taken into account for effective development of women entrepreneurs. Consider women as specific target group for all developmental programmers. Better educational facilities and schemes should be extended to women folk from government part. Adequate training programmed on management skills to be provided to women  Ãƒâ€šÃ‚  community. Encourage womens participation in decision-making.   Vocational training to be extended to women community that enables them to understand the production process and production management.   Skill development to be done in womens polytechnics and industrial training institutes. Skills are put to work in training-cum-production workshops.   Training on professional competence and leadership skill to be extended to women entrepreneurs.   Training and counseling on a large scale of existing women entrepreneurs to remove psychological causes like lack of self-confidence and fear of success.   Counseling through the aid of committed NGOs, psychologists, managerial experts and technical personnel should be provided to existing and emerging women entrepreneurs.   Continuous monitoring and improvement of training programmers.   Activities in which women are trained should focus on their marketability and profitability. Making provision of marketing and sales assistance from government part.   To encourage more passive women entrepreneurs the Women training programmed should be organized that taught to recognize her own psychological needs and express them. Leading Business Women In India Chanda Kapoor Executive Director ICICI Bank. Ekta  Ãƒâ€šÃ‚  Kapoor Creative Director Balaji Telefilms Jyoti Naik President Lijjat Papad Lalita .D. Gupte Jt.Managing  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Director (MD) ICICI Bank. Preeta Reddy Managing Director   Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  (MD) Apollo Hospital Rashree Pathy Chairman Rashree Sugar and Chemicals Ltd. Ravina Raj Kohli Media Personality and Ex- President Star News Renuka Ramanath   CEO ICICI Ventures Tarajani Vakil Former Chairman and MD EXIM Bank. Ritu Nanda CEO Escolife Schemes for Women Entrepreneurs 1. Seed Capital Scheme 2. National Equity Fund 3. Prime Ministers Employment Guarantee Scheme 4. Single Window Scheme. 5. Bank Schemes for Women Entrepreneur 6. Mahila Artik Vikas Mahamandal What Makes Women Entrepreneurs Different from Men? Over the past few years, there has been a surge in business startups by female entrepreneurs. Today Im going to discuss how the way women run things may be a bit different from how men play the game. Strong Focus On Values Its not that men dont put values in the front lines of their company, but most women entrepreneurs make it the number one priority over everything else. According to Margaret Heffernan, who recently wrote How She Does It: How Women Entrepreneurs Are Changing the Rules of Business, women think about what their business will stand for before they start planning anything else. Will Ask For Help Many men (not all) have difficulty asking for help when it comes to something like their very own business. Pride can sometimes get in the way. But most women dont have a problem admitting that theyre not sure how to accomplish a certain task or what needs to be done next in the building-a-business game. This can sometimes provide an advantage in a well-spring of knowledge from sources that help ground their business more quickly. Focused On The Working Environment According to Heffernan, male entrepreneurs see their businesses as a machine, while female entrepreneurs see it as a living organism. I can see where shes coming from. Men may be more likely to take the position that bad parts (employees) can easily be replaced with new and better functioning ones. Many male entrepreneurs may overlook the fact that the parts are going bad because the machine as a whole is not in great condition. Some may take the position that a new employee here or there will help to make the business function better, rather than examining the whole business under a microscope to see if there may be underlying problems. Women entrepreneurs tend to be on the other end of the spectrum with the perspective that, if the environment their employees are in isnt working, then the entire ecosystem of the business, if you will, could collapse. Basically, women entrepreneurs focus more on making sure the work environment is comfortable to obtain the best performance from their employees, rather than expecting the best from their employees despite the work environment. Strength Of The Business Women entrepreneurs tend to focus on building a business so strong that it could function completely and successfully without them. Men build strong businesses, but often want to make sure they are always part of the central element that keeps things going. According to Heffernan, women entrepreneurs are more like the conductor of the symphony the person who doesnt make the noise, but pulls it all together.

Rainbow

The â€Å"Rainbow Underclass† The main purpose of the article, â€Å"Rainbow Underclass† written by Mortimer Zuckerman is that there are too many immigrants and illegal aliens in the United States. Zuckerman wrote the article to provide people awareness of both, the immigrants and the aliens in the US. In the article, Zuckerman attempts to determine ways for the U. S. government to measure and reduce the immigrants, especially by safeguarding and protecting the boarders.The other main point that has been raised by Zuckerman is for the government to reduce the issuance of visa to the immigrants, allowing them to enter the U. S. Immigrants do not learn and speak English as quickly as the immigrants before 1965. The government should only allow highly skilled immigrants to enter the U. S. and slow down the immigration process. While I have agreed with some of the points Zuckerman is making, I do not agree with all of the points that he is making, regarding the immigrants i n the U. S.Firstly, Zuckerman states that new immigrants do not learn English as quickly as immigrants before 1965, because they are not linguistic minority to dominate any large city the way the Spanish speakers now dominate Miami and Los Angeles. I believe it is not true to assume that immigrants before 1965 have learned English quickly. As an immigrant, I do learn English faster than the immigrants before 1965. In my situation and as an immigrant who has left my birth country and lives in the U. S. , studying for my education, I do study; read, and write English.I have studied, learning how to write, using the different types of tenses as well as the spoken English language better compared to immigrants before 1965. In addition, I have disagreed Zuckerman’s statement that the immigrants before 1965 mastered the English language better than the immigrants in existing times, because I believe that the immigrants before 1965 purposely learned and spoke English to work in fact ories and groceries stores. The other problem that I have noted, concerning Zuckerman’s article is the statement that only highly skilled immigrants should be provided entry in the U.S. He argues that US should only allow highly skilled immigrants that can be beneficial to the US economy. I believe it is unfair to only allow immigrants with high level skills in the U. S. In my opinion, some of the American citizens do not have high level skills. The majority of the immigrants that come to U. S. came here to learn and improves their lifestyles better from the lifestyles that they used to live in their native countries. Further, I have carefully reviewed Zuckerman’s argument that only high skilled immigrants should be allowed to come to the US.Has Zuckerman considered the unskilled immigrant’s desire to learn and the country government’s struggles to sponsors them in the U. S.? Has Zuckerman also considered the impact that the economy of the immigrants†™ country has on them, denying them the opportunities for education to develop high level skills? Besides the goals that some immigrants have for coming to the U. S, for example, to acquire education; return to their country, and develop the country. Some immigrants come in the U. S. with the goals to study and stay permanently.

The United States For New Beginnings - 856 Words

Beuys Dorminvil His 11 Final Exam Essay Before the 1650’s, Europeans migrated to an unknown land that would eventually be called America for new beginnings. After all, from the country in which they’re from, they were the lowest in their social classes, commonly know as peasants. These were extremely hard working individuals who believed in providing for their families. However, while trying to accomplish such task, there were some cruel acts committed by the europeans towards indigenous people. Whom do I speak of? The Native Americans. When the early settlers arrived, Tobacco was an extremely popular export for the colonies. Most of the exports were sent to England. Who was at that time the mother country for America. The earliest slaves were sent to Jamestown, Virginia where they were at the time called indentured servants. These slaves were not black. These were the early settlers of the colonies who were willing to work for several years to eventually earn their freedom in order to obta in property and land. When the growth of tobacco, rice, and cotton became their most popular export, the colonist decided to have other people do the hard labor and build their colonies, but would no longer have the need to offer freedom or compensate the slaves. The black slaves would be now considered property. The colonist, mostly from the southern states brought ships to Africa to capture black slaves, bring them back to their new found land, and auction them off toShow MoreRelatedThe Debate Of The Missouri Compromise1613 Words   |  7 Pagesthat marked the beginning of the long battle against slavery. In the years leading up to the Missouri compromise tensions were rising between the North and the South. The states were all being divided into slave states and free states. 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Postscript (P.S.) Definition and Examples in Writing

A postscript is a brief message appended to the end of a letter (following the signature) or other text. A postscript is usually introduced by the letters P.S. In certain types of business letters (in particular, sales promotion letters), postscripts are commonly used to make a final persuasive pitch or offer an additional incentive to a potential customer. EtymologyFrom the Latin post scriptum, written afterward Examples and Observations James Thurbers Postscript in a Letter to E.B. White (June 1961)If the United States had had you and G.B. Shaw working together, would the country have had the E.B.G.B.s? If so, it would have been good for us.(Quoted by  Neil A. Grauer in  Remember Laughter: A Life of James Thurber. University of Nebraska Press, 1995)E.B. Whites Letter to Harold Ross, Editor of The New Yorker[August 28, 1944]Mr. Ross:Thanks for the Harper advert. from your valued magazine. I would have seen it anyway, but was glad to get it hot from your stapling department. . . .I would have changed publishers fifteen years ago, only I dont know how you change publishers. The first half of my life I didnt know how babies came, and now, in my declining years, I dont know how you change publishers. I guess I will always be in some sort of quandary.WhiteP.S. The de-stapling machine works better than I would have believed possible.(Letters of E.B. White, rev. ed., edited by Dorothy Lobrano White and Martha White. Har perCollins, 2006)At the bottom [of the rejection slip] was an unsigned jotted message, the only personal response I got from AHMM over eight years of periodic submissions. Dont staple manuscripts, the postscript read. Loose pages plus paperclip equal correct way to submit copy. This was pretty cold advice, I thought, but useful in its way. I have never stapled a manuscript since.(Stephen King, On Writing: A Memoir of the Craft. Simon Schuster, 2000) The Postscript as a Rhetorical Strategy When writing a fundraising letter, remember that many potential donors will read your letters P.S. before the body of the letter, so include any compelling information there. (Stan Hutton and Frances Phillips, Nonprofit Kit for Dummies, 3rd ed. For Dummies, 2009)Studies reveal that when people receive personal, and even printed, letters, they read the salutation first and the P.S. next. Therefore, your P.S. should include your most attractive benefit, your invitation to action, or anything that inspires a feeling of urgency. There is an art to writing a P.S. I recommend that your personal letters--but not your e-mail--include a handwritten P.S. message, because it proves beyond doubt that you have created a one-of-a-kind letter that wasnt sent to thousands of people. In our age of technology, personal touches stand tall. (Jay Conrad Levinson, Guerrilla Marketing: Easy and Inexpensive Strategies for Making Big Profits From Your Small Business, rev. ed. Houghton Mifflin, 2007) Jonathan Swifts Postscript to A Tale of a Tub Since the writing of this, which was about a year ago, a prostitute bookseller hath published a foolish paper, under the name of Notes on the Tale of a Tub, with some account of the author: and, with an insolence which, I suppose, is punishable by law, hath presumed to assign certain names. It will be enough for the author to assure the world, that the writer of that paper is utterly wrong in all his conjectures upon that affair. The author farther asserts, that the whole work is entirely of one hand, which every reader of judgement will easily discover: the gentleman who gave the copy to the bookseller, being a friend of the author, and using no other liberties besides that of expunging certain passages, where now the chasms appear under the name of desiderata. But if any person will prove his claim to three lines in the whole book, let him step forth, and tell his name and titles; upon which, the bookseller shall have orders to prefix them to the next edition, and the claimant shal l from henceforward be acknowledged the undisputed author. (Jonathan Swift, A Tale of a Tub, 1704/1709) Thomas Hardys Postscript to The Return of the Native To prevent disappointment to searchers for scenery it should be added that though the action of the narrative is supposed to proceed in the central and most secluded part of the heaths united into one whole, as above described, certain topographical features resembling those delineated really lie on the margin of the waste, several miles to the westward of the centre. In some other respects also there has been a bringing together of scattered characteristics. I may mention here in answer to enquiries that the Christian name of Eustacia, borne by the heroine of the story, was that of the Lady of the Manor of Ower Moigne, in the reign of Henry the Fourth, which parish includes part of the Egdon Heath of the following pages. The first edition of this novel was published in three volumes in 1878. April 1912 T.H. (Thomas Hardy, The Return of the Native, 1878/1912)