"Understand here the things that stop women from entrepreneurship, successful business women qualities, and a list of startup businesses for women.Find your own way to become a successful businesswoman."
Former US First Lady, Hillary Clinton says:
“Women are the largest untapped reservoir of talent in the world.”
American author and politician, Clare Booth Luce said:
“A woman’s best protection is the money of her own.”
These two quotes by prominent American female personalities amply highlight the fact that women could use their skills to become very successful and earn money on their own, without having to depend upon their husbands or parents.
Over the last decade and a half, the number of women entrepreneurs is on the rise globally. That’s partly due to the vibrant startup environment that exists in several countries today combined with various credit and finance facilities exclusively available for the woman entrepreneur.
If you’re among those women that believe that women can become an entrepreneur and make a difference in the world, here’re some tips to start with.
Things that Stop Women from Entrepreneurship
Personally, I believe every woman possesses the qualities to become an entrepreneur. Unfortunately, lots of women give up on their dreams of launching an enterprise because they hear stories of failure or create their own limits. Often, such limits aren’t inherent but brought about by people around to deter a woman from entrepreneurship.
Here’s something to remember: “If people are doubting how far you can go, go so far that you can’t hear them anymore,” says prominent female entrepreneur, Michele Ruiz.
Let’s look at some things that stop women from entrepreneurship.
Household Commitments:
Household commitments are the single largest killer of a woman’s dream to become an entrepreneur. Women continue to assume the sole responsibility as a homemaker and often sacrifice their careers in favour of household commitments.
Lack of Support:
Unfortunately, the gender income divide persists across the world because few people support women that seek gender equality. Hence, they’re forced to settle for smaller pay or even give up entrepreneurial skills when they could make a difference.
Diffidence:
Millions of women worldwide suffer from a lack of confidence or diffidence they will succeed in business. As a result, most of them don’t even attempt launching their own enterprise because they fear failure even before starting.
Dependence on Traditional Income:
Women that's single or are single moms prefer a traditional, steady source of income from a fixed job rather than venturing as entrepreneurs. That’s fairly understandable because they need money to sustain themselves and their children.
Unavailability of Financial Support:
Even in developed countries, banks and financial institutions remain wary of credit and lending to women entrepreneurs due to the sheer misconception the business would fail. Hence, women often find it very hard to get capital to launch their businesses and have to depend upon their own limited resources.
Other than these five main reasons, there’re several others that deter women from entrepreneurship. Therefore, if you feel you’re in a trap due to any of these circumstances, a few qualities can help you overcome that hesitation and emerge from a housewife to an entrepreneur without much effort.
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