Traits of Successful Women Entrepreneurs.

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.

Personal Characteristics: Under this category, it would be important for an entrepreneur to have optimism, the hopeful feeling that all is going to turn out well. An entrepreneur should have a vision, the ability to envisage a compelling future and articulate it to others. An

In today's world women are perceived in the workforce as either less qualified or arrogant uptight. "Approximately 40 percent of students in elite business schools are female, and it is particularly difficult for them to move up the career ladder. A study by the nonprofit organization Catalyst in 60 U.S. top companies indicates that among 500 directors there is not a single woman" (Sinitsa). From an article "Man's world refuses to take women seriously, even in 21st century" we are shown that more than Half of the female talent is are wasted. To allow the female population to grow will be beneficial that will slow the society to grow an advance. Women can be a perfect candidate in the workforce just as well as any

The economic empowerment of 5 million women entrepreneurs across its value chain by 2020 in order to help women entrepreneurs to overcome barriers that prevent them to succeed in business11;

In the business world, being a woman in a male dominated world is not easy. A woman should move away from the virtues that was instilled to them as a young girl. Working in a male-dominated field, especially for a new up and coming female executive, a woman must always have

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

Entrepreneurs are risk takers when they start a business; they have a fifty percent chance of their business either succeeding or failing. A majority of them fail as competition in the market is harsh. However, Galsim made her business successful because of her labor, patience, and by being versatile. She pulled through with her business to obtain where she is now. As the saying goes, “The price of success is hard work, dedication to the job at hand, and the determination that whether we win or lose, we have applied the best of ourselves to the task at

As executives or business owners, women tend to run their businesses differently than men. Almost every sixty seconds a women is starting her own business. As of today there are over nine million women that own their own business nationwide. Women own half of the businesses in the United States of America out of those 9 million women my mother; Lakesha Miller has owned multiple businesses. I interviewed my mother on November 19, 2016 at Olive Garden in Huntsville, Alabama. She is currently the chief executive officer of Tritel Customer Services and Answering Source. She is one of the outstanding women who have started, built, inherited, partnered, or have entered business ownership.

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

“Women are present in the workforce in significant numbers, representing nearly half of the workforce and 51 percent of all managerial and professional workers.” In addition to that, “Women earn the majority of undergraduate, graduate, and professional degrees” (Lennon, 2014, p. 105). There has been a long-held bias against women in the workforce and especially women in leadership roles. Women continue to outperform men but do not earn salaries or obtain titles that are a reflection of their skills or abilities. “The assumption that women are underrepresented in leadership roles because they prefer less demanding or time-consuming positions to accommodate their families or lifestyle is refuted by the research” (Lennon, 2014, p. 108).

The more creative a person is in their business plans the more prosperous their business will be. Mayoux (2010) states that “women’s access to financial services can potentially initiate a series of ‘virtuous spirals’ of economic empowerment, increased well-being for women and their families and wider social and political empowerment” (p. 582).

The business world today is competitive. It's full of fierce, educated, and motivated people. For some people it's tough to rise to the top and for some people it comes much easier. It's not always about hard work! One might ask for a map to the yellow brick road, but few people are ever provided with it. Most people are stuck in an ocean making calculated guesses as to how they can reach land. Which route is the best? How much school is enough? How many certificates of accreditation is enough? How much work experience is enough? All of us ask these questions attempting to navigate our ships in a competitive world were only a few individuals ever get to their targeted career position. How many of those in leadership positions are women?

There has been extensive research conducted on the characteristics that successful entrepreneurs possess. These attributes vary widely across literature, however there are common key traits that are required to achieve any form of success. Frederick et al (2013) suggest entrepreneurs are risk takers, optimistic, have sound judgement and an ability to manage. While a review of literature relating to the psychology of an entrepreneur reveals a large variety of characteristics in a successful entrepreneur, these can be consolidated to a a few into only a few traits that are essential for a successful entrepreneur. Whilst taking into

Women or a group of women who initiate, organize and operates a business enterprise is defined as Women Entrepreneurs’. The Government of India has defined women entrepreneurs as an enterprise owned and controlled by women having a minimum financial interest of 51 per cent of the capital and giving at least 51 per cent of the employment generated in the enterprise to women. “Women Entrepreneur” is a person who accepts challenging role to meet her personal needs and become economically independent” (Meenu Goyal and Jai Prakash, 2011, pp. [Gibve the page number.]).

According to a research study conducted in Tamil Nadu following are the businesses pursued by women entrepreneurs:-