Women Entrepreneurs in Bangladesh: a Case Study on Boutique Business

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.

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

The encouragement and abundance of entrepreneur mentality is vital for any economy to achieve financial stability and capital growth. Entrepreneurship adds jobs to the economy and diversifies business by creating more companies and thus increasing competition. Business competition is necessary for an economy to be successful because it forces fair prices and employee rights. In “The Fastest-Growing Group of Entrepreneurs in America” Amy Haimerl presents the rising numbers of women entrepreneurs in America and the reasons why women are leaving corporate America.

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

This dissertation is important to understanding whether traditional theories of minority entrepreneurs hold true across industry to industry or whether it is just a generalised stereotype which no longer exists. Although the fashion industry is associated with art and creativity and not so much the black and white world of business and finance, in order for an industry to thrive there must be a board of business directors or business savvy owners to create profit. Nonetheless, prejudice still persists amongst females in the business world which can transfer across from industry to industry and although the fashion is associated with an art form, there is still the black and white business side which is controlled by males too. In business start-ups it is easier for men to break into the world of business as they do not have to face the added pressure of prejudice for being female. Therefore, this dissertation seeks to make a contribution towards abolishing the branding of females being considered as 'minority ' entrepreneurs through the study of fashion start-ups.

In our modern society, women have reached the new heights of success within the business corporate setting, however, society still is in dire need for

Starting a business is the latest trend. Just take a look at Instagram. Several profiles have the caption ‘Entrepreneur’. At this very moment, there is someone, somewhere working on an idea, a business plan or launching a startup. Entrepreneurship is on the rise like never before. The flexibility and independence that comes with being one’s own boss is attractive and worth taking the leap in starting a business. However, most people don’t know that being an entrepreneur is a grueling journey that can be very lonely and stressful at times. According to the Small Business Administration (SBA), 50% of businesses fail during the first year. Starting a business can be a scary task, but the

Through fresh innovative and creative ideas we have seen how these different concepts and ideas change the business environment. Entrepreneurship plays a role in the economy and can result in the growth and development of the economy in a country. This essay will be discussing the different aspects on what Entrepreneurship is, The Role it plays in the economy and the different type Entrepreneurial businesses involved in the growth and development of the economy of the country. Entrepreneurship will help the economy by providing more job opportunities, creating new wealth and can reduce unemployment . It is clear that there is positive relationship between Entrepreneurship and Economic growth; this link will be discussed in the essay.

Entrepreneurship education has been lauded as being able to create and increase awareness as well as promote self-employment as a career choice among young people (Clayton 1989; Fleming 1996). The objectives of entrepreneurship education are aimed in changing student’s state of behaviours and even intention that makes them to understand entrepreneurship, to become entrepreneurial and to become an entrepreneur that finally resulted in the formation of new businesses as well as new job opportunities (Fayolle and Gailly 2005; Hannon 2005; Venkatachalam and Waqif 2005). These day, many graduates are unable to get a job upon graduation. Students are now apparently searching for a business education that can help them with the necessary entrepreneurial

Women across the globe are shattering glass ceilings one at a time, and it is time the world takes note of it. Chief executives express their commitment to the advancing equality between men and women by actions such as advancing women in the workplace. Areas of such empowerment include: market and community progress through the use of sex, disaggregated data, and other benchmarks (Chakabarti). Times are changing in the makeup of the workforce today. Females are quickly becoming a major factor in the business world. Families are seeing that one salary per household is simply not enough to maintain a comfortable lifestyle. Just a few decades ago, women were left at home raising children and left to depend on a

There are many attributes an entrepreneur should possess, leadership, confidence and the willingness to take risks are three of the most important. Some other attributes are determination, responsibility, competitiveness, knowledge, persuasion and great communication skills. Women have been stereotypes with not possessing these characteristics and in return the female entrepreneurs and their businesses are treated differently. Woman have a much harder time receiving loans than men do or if they do receive them then the terms of their loans are

Then, the successful path and means for achieving success for Muslim entrepreneurs are unique. Success in Islam is not merely measured by the end result, but also the means and ways of achieving them. In Islamic entrepreneurship have seven steps towards a success in life according to Imam Al-Ghazali. It is a level of knowledge, level of Taubat or repentance, level of obstacles, level of handicap, level of Praise and Thankfulness, level of motivation and level of temptation. Position of business and entrepreneur is Islam proposed (business venture), Allah prepared (facilities), Islam outlined (rules and regulation) and Allah promised (reward). Other than that, in Islamic entrepreneurship have motivated by needs of society and desire to satisfy religious obligations. Second is engaging productive venture involving the creation of real goods and services and financed through interest free profit loss sharing. Last but not list is speculation and excessive risk taking is prohibited and Shari’ah

• Sampling size: The survey was conducted in different locations of Dhaka city. Due to time limitations, we were not

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. ).

The most successful women entrepreneurs are those who "dream big"-they see themselves succeeding financially, managing large staffs and running businesses that have