Entrepreneurship is necessary to initiate the process of economic development in any country. The total percentage of female population in India is 48.27% however very small part of this number comprises of high growth women Entrepreneurs. Now this is a very surprising factor especially when the fact is that women are natural entrepreneurs. The skills that entrepreneurs require are inbuilt in Women’s DNA and they need not study business management for the same. Let us look at some of these traits in details

1. Women are naturally visionary

A vision is an idealized picture of the future of the business or organization. A vision brings meaning to entrepreneurs work, mobilises their actions and helps them decide their action plans. Similarly women are driven by the overriding purpose in their life and develop a vision for their families, children and works towards achieving this vision. Women always make an effective and strong vision to which the entire family commit themselves.

2. Multitasker

Entrepreneurs need to branch out in many directions to get their job done. Women are inherently designed to handle multitasking. Last month we met a Mompreneur who has a 2 month old baby and she is already resumed her startup while ensuring development of her baby and managing her family affairs. Another common observation of this skill is women talking on the phone, watching their favorite soap opera and cooking at the same time; and mind you they perfectly accomplish each of these tasks. 

 

3. Fund Managing

For entrepreneurs managing their funds is more important task than raising funds. Who better than a woman can handle the financial aspects? We have seen it umpteen numbers of times the way woman land up saving even with a tight rope budget. Ask a homemaker for funds during the last few days of the month and she can surprise with the amount of savings she makes. In India most of the top financial company managers, also comprise of women.

 

4. Human Resources

Entrepreneur needs to be good human resource manager who are constantly recruiting customers, investors and team members to achieve their vision. Over 60% of HR jobs across industry segments are dominated by Women. The reason is women are people focused and have a knack of recognizing performers. Whether it’s nurturing the children and instituting values or recruiting a support staff, women lead their way in managing their human resources the best.

5. Decision making

Entrepreneurs need to be good decision makers for managing their resources. They need to trust their instincts, know when to say goodbye and support their teams. Women have higher quality decision making ability that makes them more effective. Women dwell long on exploring various aspects on topics where they need to take decisions; they tend to collect data and clues. Women also are emotionally stronger which help them take rational decisions.

 

One can go on to prove how women are natural entrepreneurs however we often come across quite few of them. Women should focus on developing and enhancing their skill sets and work towards starting their own business and becoming financially independent.

To support women to startup their ventures, an activity is being organized on 21st and 22nd June to empower women with skills required for starting their own ventures. A MasterClass for Women; where they will learn creation of business models, validating business ideas, receiving expert advice and opportunity to receive loads of rewards. For details call 8975841701

 

“A woman with a voice is by definition a strong woman. But the search to find that voice can be remarkably difficult.” – Melinda Gates

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Comment by Rohit Lalwani on July 18, 2014 at 6:50pm

@Vijay Wish you all the best. Will surely share my views

Comment by Vijay Hole on July 17, 2014 at 3:10pm

Thats true .women bring a very unique and valuable skill-set to the table  .I have started www.talentshe.com women recruitment service .Please visit and let me know about this concept

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