The big 7 challenges of women entrepreneurs
Although more women are becoming entrepreneurs, they often face a set of challenges not typically shared by their male counterparts. This is in addendum to the challenges that any business owner would face invariably. Lets shed light on the seven big challenges that limit mompreneurs and womenpreneurs.
4. support system
Women are renowned emotional species. In a US study, about 48 per cent of female business owners/founders report that a lack of available advisers and mentors limits their professional growth. This needs a powerful network and support around to consult and council in times of need.
It is important to know where to find the right support network isn’t always easy. It can be an online forum or groups created specifically for women in business. Connectivity is the key word here. Most of the valuable business happens on golf course in UAE, should we take a hint from here?
5. Balancing business and family life
This is more of a cliché. Work-life balance is not any more a worrying fact though. Most of the women have equipped themselves with arms and armor to deal with this. What is concerning is that the traditional gender expectations often still prevail.
But girls, do not beat up or kill yourself over the little things, such as missing a mother’s day meet with your child at school. Instead, gear up for a coffee evening with your children and live up to your promise more often than not. Rebuilt and not unnecessary raise expectations of your loved ones around you. They know that you are there for them.
6. Coping with a fear of failure
Almost we all have faced it at some point of time. According to Babson College’s 2012 Global Entrepreneur Monitor, the fear of failure is the top concern of women who launch startups. Failure is a very real possibility in any business and it shouldn’t be viewed as a negative.
Tony Robins also said that you have to have failure to have success. And possibly you need to have massive failure to have massive success.
Success doesn’t have gender. So if you fail or succeed, it is not because of you being a man or women. The bottom line is, if you’re successful, no one cares whether you are man or a woman.
7. Fear of success
Success doesn’t have gender. So if you fail or succeed, it is not because of you being a man or women. The bottom line is, if you’re successful, no one cares whether you are man or a woman
This is latest virus in air. Mostly enterprising women carry themselves the way they want, find finances, acknowledge their worth, can balance work and home, have no fear from failures… but…… they are afraid of their own success.
This limits them to get to the next level and turn their success into massive success. What they actually fear is how they will live up to the success? How will they maintain that success? Growing big and staying big might take them away from their family. The idea of success can be scary, the reality is generally easier to cope with than what you had before. If you’ve been resourceful enough to keep yourself going during the tough times, you’ll probably be able to do the same with the good times. Yes, you’ll have to make changes and learn new things, but you’re creative and adaptive enough to do that. If you experience doubts, remind yourself of all the extra resources success will bring you. Make a fair comparison of what you will gain versus what you will lose, I am sure you will be able to the right thing for yourself. — Concluded