Women are a huge talent pool and it is a fact many of us are waking to now. The change is evident as more women can be seen joining the workforce. Shattering the glass ceiling, women are climbing up the ladder to top management positions as well. Entrepreneurship, which is creating an organisation or enterprise for wealth creation and also owning the risks associated with it, has eluded women for long. As an increased number of women are now seeking financial independence, more women entrepreneurs can be seen entering the fray.
Kalpana Saroj may not be a household name, but she has the distinction of being India’s first self-made female entrepreneur. Born in a remote village in Maharashtra and married as a teenager, Saroj suffered extreme abuse in her marital house before she was rescued. However, this left a deep impact on her. She started working in a garment factory in Mumbai and there has been no looking back for her since then.
Initially, Saroj took a loan to start her own boutique business. Later, she kept on foraying into different businesses and honed her entrepreneurial skills. Her ‘big’ moment arrived when she revived Kamani Tubes, a company manufacturing and supplying copper tubes, rods and LED lights. She not only resurrected the company but made it very profitable in the next few years creating huge ripple in the industry. Saroj’s story is a testimony to the fact that entrepreneurship needs an unflinching determination to succeed inspite of obstacles arising in the journey.
Today, the number of women business owners is steadily rising. From small enterprises to medium-sized organisations, women are accepting the challenge wholeheartedly to be entrepreneurs. That said, the skill of being an entrepreneur is developed or acquired irrespective of gender. However men still outnumber women by 3 to 1 in business ownership. Women face more challenges in terms of receptivity, funding, trust and developing a support system. But the old saying ‘Where there is a will, there is a way,’ goes perfectly for women aspiring to be business owners.
On World Entrepreneurs Day, Soulveda examines the rise of women entrepreneurs in a global society.
To salute the spirit of entrepreneurship, World Entrepreneurs Day is celebrated on August 21st. For establishing a successful business, countless obstacles are faced by business owners. But an indomitable spirit and a will power to succeed sees many of them through. In fact, it would not be an exaggeration to say that entrepreneurs are made of steel as they remain undeterred while establishing their enterprise amidst umpteen challenges.
Interestingly, to be able to create wealth and even job opportunities for others is one of the most rewarding experiences that such entrepreneurs crave for.
Entrepreneurship is creating an organisation or enterprise for wealth creation. It also includes owning the risks associated with it.
To salute the spirit of entrepreneurship, World Entrepreneurs Day is celebrated on August 21st.
Sisterhood helps women in encouraging one another so that they benefit of each other’s network and keep moving ahead.
Men outnumber women by 3 to 1 in business ownership.
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