Lesley Gillespie, the cofounder of Australia’s most successful bakery, Baker’s Delight, has shown many, if not all, of the traits required to be a successful entrepreneur, and is now on the BRW Rich Women 2015 list. In an equal partnership with husband Roger, her position as joint chief executive puts her on the list of a minority of business owned by women, especially in the 1980’s when Bakers Delight was opened. Though she has said that she has not faced many barriers to being a woman in business, apart from a few instances, a woman would likely not have made it to be so successful without focus, thinking of those around her, passion, self motivation and without being a hard worker, all of which are traits required to be an entrepreneur.
Global Entrepreneurship Monitor (GEM), which provides an annual assessment of the national level of entrepreneurial activity (including research data from over sixty-nine countries), posits that one-third of the differences in economic growth among nations may be due to differences in entrepreneurial activity. Governmental units, society, and educational institutions worldwide have documented that the individual entrepreneur is critical in the development of new business ventures (Hisrich, Langan-Fox & Grant 2007). In contemporary times, uncertainty about economic stability is rising. As a result, students are “now faced with a wider variety of employment options, the probability of ending up with a diversity of jobs, more responsibility at work and more stress” (Henry, Hill & Leitch 2005) making entrepreneurship a more appealing options for future graduates. Entrepreneurship skills provide students with more flexibility in their career. They know that starting their own business at any point in their life is still an option due to economic crisis, downsizing or other events. This is also confirmed by the literature on Youth Entrepreneurship, to which Student Entrepreneurship belongs. As Henderson and Robertson put it, “young people are likely to experience a portfolio career consisting of periods of paid employment, non-work, and self-employment (2000). Additionally, according to the latest report from the Kauffman Foundation (2013) it is a global phenomenon: “Among young
Although much research has been launched into women entrepreneurship and immigrant and minority entrepreneurship as separate topics, there does not seem to be much focus on entrepreneurs who fit into both categories, the ethnic female entrepreneur. This profile covers a woman of ethnic background who launches an organization to create innovative solutions for profit. Owing to the fact that they belong to two categories that face the most challenges in entrepreneurial pursuits, it is necessary to find out how their special circumstance acts as a barrier to their
Americas entrepreneurs are a diverse set of people of color, women, gay, and transgender individuals. According to the Census Bureau, people of color own 22.1 percent of U.S. businesses. Moreover, women own 28.8 percent of U.S. businesses, and Latina-owned businesses in particular are the fastest-growing segment of the women-owned business market. According to the National Gay and Lesbian Chamber of Commerce, gay or transgender individuals own approximately 1.4 million (or approximately 5 percent) of U.S. businesses (Census Bureau, 2011). These small to mid-size entrepreneurs are specialized in their various fields offering their specialized goods or services such as; the Chinese food, the Jamaican restaurants, the Africans making dashikis and beads, Mexican restaurants
Technology is a machine, constantly evolving and spreading like wildfire across the world. Besides increasing the quality of personal life, technology can save businesses a great amount of time and money. Since making money in the shortest amount of time is a business’s number one goal, it is crucial for businesses to implement technology in order to remain competitive. This demand for technology not only helps stimulate the growth of new jobs in technology-based career fields, but it also reduces and eliminates the number of people needed for non-technical careers, a career field heavily favored by women. As technology-based careers begin to develop and grow, women will
Entrepreneurship is the future of the modern society. They are the driving forces behind Indian economy. Entrepreneurs are people who come out with an new ideas , innovations , do things, which are not generally done in the ordinary course of a business. Empowerment of women entrepreneur is an new mantra for development of economy. The present paper focuses mainly women entrepreneur ,they still represent a minority of all entrepreneurs. It is observed that women entrepreneur networks are major sources of knowledge about women’s entrepreneurship and they are increasingly recognized as a valuable tool for its development and promotion. Of the 1.3 billion people who live in absolute poverty around the globe, 70 percent are
As a leading female entrepreneur in Chicago and owner of an Women-owned Business Enterprise (WBE), Borre actively promotes technology and entrepreneurship in her community and she encourages other women to enter the tech field as well. Her expertise
Women supporting women has been a trend since The “Lean In” Movement began in 2013, as a result of Sheryl Sandberg’s book with the same title. Sandberg’s words have women everywhere re-evaluating their leadership approach and role in the corporate world, by addressing challenges head on, and focusing on what they can do rather than what is presumed they can’t. The movement has led to a revolution in which women have provided one another support through community, trust, and circles—small groups that meet monthly to encourage one another in an atmosphere of confidentiality and trust, with the ultimate goal of changing the trajectory of women and creating a better world for everyone.
Stepping into the world of entrepreneurship herself in 2011, Jacque M. has definitely seen her fair share of ups and downs. Eager to share what she has learned, Jacque felt compelled to give young women, who are new to the world of business ownership, the knowledge necessary to succeed.
In the last year and a half, there has been a tremendous outcome with the program; over 90 women have been trained with great achievement. Seventy of them have either started their own company, become managers, or bookkeepers. The other 20 have gone back to school to get degrees in marketing, finance, or a related field. In the past year, 35 women have started their own business in all sorts of areas from cafes, bow shops, coffee shops, bookstores, and so many other wonderful places. The U.S. Bureau of Labor claims that 75% of new businesses survive the first year and 69% survive the second. So far all of the new businesses are staying strong and successful. Since many of these women are doing this for the first time they do not have a lot
industries does not provide us with real life examples of females in this fields, those who have risen through the ranks or testimonials from significant women in these industries as well statistics from companies highlighting how female participation in group projects has yielded more favourable results but rather gives bland statements taking from research on how female participation can be a great asset in these industries. The crux of the article is how to garner the fruits of gender diversity and the only way to really to do that would be to ensure parity of females and males in such industries but we then need to look at a whole new area of gender quotas.
The Internet may well be the best tool for women entrepreneurs as they seek increased opportunities, female mentorship, start-up capital, and perhaps even a way, if it exists, to let go of any "mom guilt." From entrepreneurial websites designed just for women to crowdfunding and online-based small business financing, the Internet offers business-oriented women a wide array of start-up opportunities.
The state of Kerla where the literacy among women is highest in India provides a good example of women entrepreneurship. As on march 1984, there were 782 women’s industrial units in Kerla, of these 592 were Proprietary concerns, 43 partnership concerns, 42 charitable institutions, 3 joint stock companies and 102 cooperative societies.