Posts Tagged ‘life’

Derek Elliott ? How Entrepreneurship Improves Your Life

The benefits of entrepreneurship towards the economy and the entrepreneur himself or herself are tremendous. By Starting as small and working is always a good idea when it comes to entrepreneurship. Then entrepreneurship is the ticket towards the financial independence.

Entrepreneurship is one of those things that can provide greater results, greater benefits than you might have initially expected. You'll develop deep life experience and a level of humility as a result.

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Women Entrepreneurship and Changing role of Women

Women Entrepreneurship and Changing role of Women



India is definitely the hub of entrepreneurs worldwide. Women owned businesses are highly increasing in the economies of almost all countries. The hidden entrepreneurial potentials of women have gradually been changing with the growing sensitivity to the role and economic status in the society. Skill, knowledge and adaptability in business are the main reasons for women to emerge into business ventures.

Women” as Entrepreneurs in India:

Women Entrepreneur’ is a person who accepts challenging role to meet her personal needs and become economically independent. A strong desire to do something positive is an inbuilt quality of entrepreneurial women, who is capable contributing values in both family and social life.

The challenges and opportunities provided to the women of digital era are growing rapidly that the job seekers are turning into job creators.

In India, although women constitute the majority of the total population, the entrepreneurial world is still a male dominated one. Women in advanced nations are recognized and are more prominent in the business world. But the Indian women entrepreneurs are facing some major constraints like –

*Ph.D. Scholar, Department of Commerce, Periyar University Salem 11.

To a certain extent, this situation is changing among Indian women and yet to face a tremendous change to increase the rate of growth in entrepreneurship Socio-cultural barriers- women’s family and personal obligations are sometimes a great barrier for succeeding in business career. Only few women are able to manage both home and business efficiently, devoting enough time to perform all their responsibilities in priority. They are not fully aware of the changing market conditions and hence can effectively utilize the services of media and internet. Other factors are family support, Government policies, financial assistance from public and private institutions and also the environment suitable for women to establish business units. This can facilitate women to excel in decision making process and develop a good business network. So the sincere efforts taken towards women entrepreneurs may not reach the entrepreneurs in rural and backward areas. Such programs are really useful to new, rural and young entrepreneurs who want to set up a small and medium scale unit on their own. In spite of the mushrooming growth of associations, institutions, and the schemes from the government side, women are not enterprising and dynamic to optimize the resources in the form of reserves, assets mankind or business volunteers.

Highly educated, technically sound and professionally qualified women should be encouraged for managing their own business, rather than dependent on wage employment outlets. The additional business opportunities that are recently approaching for women entrepreneurs are:

Eco-friendly technology Bio-technology IT enabled enterprises Event management Tourism industry Telecommunication Plastic materials Vermiculture Mineral water Sericulture Floriculture Herbal & health care Food, fruits & vegetable processing

Technological Innovation:

Innovation is often explained in technical terms-tangible products or processes that result from technological development-there has been a preoccupation with rational, analytical innovation models. However, a number of industrial studies have shown that for a technological innovation to succeed three important people involved and seven important conditions to satisfy. The combination of these people and conditions satisfies the need for creativity and implementation. The three key people are:

Creative source: The inventor or originator of the idea that led to the knowledge or vision of something new, the artist of creative endeavor.

The champion: The entrepreneur or manager who pursues the idea, planning, its implication, acquiring resources, and establishing its markets through persistence, planning, organizing, and leadership.

Sponsor: The person or organization that makes possible the champion’s activities and the inventor’s dreams through support. Major countries in Asia are following this technique to acquire the higher position in the world economy. India, in this sense, is struggling hard.

Women are the important part of development. No doubt they are taking active participation in the business and industry and doing dual jobs to meet their expenditures. Women of every level and society (high or low=income countries) hop to work. So, the rate of women entrepreneurship is high than men.

Rise of Women Entrepreneurs

Economic necessity. Some women are working full-time and still can’t make ends meet. With the current strain on the economy having extra money coming in is not an option, its necessity. Some women are laid-off so being self-employed becomes the best alternative

Solving problems and sharing solutions.

For some women it’s not about the money it’s about solving a problem or sharing a solution. Inventors usually design new products to solve problems.

Hitting the corporate glass ceiling

Some corporate women feel like they’ve taken their career as far as it will go. They’re taken their career as far as it will go. They’re dissatisfied by their options and want a career that will be more fulfilling. Entrepreneurship is often the answer for these driven women who enjoy being their own boss

Freedom and flexibility

These are the two big reasons for moms, especially moms with young children, to start their won business. They can work from home, choose their own hours and have the flexibility to juggle their work life with their family life.

Women need to have clarity about what drives them and what they want to accomplish with their business. Thankfully with their business. Thankfully with the rise of women entrepreneurs we can learn from those who have beaten the path before us.

Before you take the Entrepreneurial Leap

Before jumping into entrepreneurship I recommend women take the following steps:

Take time to envision all the details of not only your business, but your entire life as an entrepreneur. Be responsible. Don’t let go of your day job too quickly. If money’s tight, carve out specific time to work on your project but keep the cash flow coming in through other sources. It’s not just your venture, it’s your families. Make sure they buy into what you’re doing and that they’re committed to being supportive. Recognize that being an entrepreneur is not just about what you’re being. You will need to be committed to your personal growth as a way to keep your business from stagnating. Finally, remember that your success depends on association with other entrepreneurial women with great ideas, and a broader, more creative perspective.


Henceforth, promoting entrepreneurship among women is certainly a short-cut to rapid economic growth and development. Let us try to eliminate all forms of gender discrimination and thus allow ‘women’ to be an entrepreneur at par with men.

I encourage you to take the time to think about what inspires you. Do you wake up each morning eager to get started? If not, it might be time to reanalyze your career choices. If you feel stuck, tap into a broader community of women that are smart, savvy and successful. These women can help you breakthrough to the next level in your business so you too can be a part of the rise of women entrepreneurs.

For hundred, even thousands of year, women have been successful entrepreneurs. Our unique mindset, viewpoints, attitudes and skills as women have all contributed to our successes in business.

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Are You Lacking The Self Motivation To Accomplish Your Dreams?

Are you having a hard time getting things done? Is your daily to do list getting larger because of your lack of motivation?

If so, you are definitely not alone. Millions of people fail to accomplish all the tasks they need to do at work and at home precisely because they are not adequately motivated. Fortunately, there are several ways to remedy this situation.

Where to Find the Right Motivation

There are some people who are easily motivated by the most mundane things, and there are others who find it hard to get inspired even after joining special motivational classes. The important thing is to never give up.

The number 1 way to find a little motivation is to model a successful person in your life. Talk to them, hang out with them, and model them as closely as possible. However, don't copy them.

Incorporate your own personality and style into what they do. Surround yourself with positive people and you know the old saying, "You are who your friends are." That saying is completely true. You pick up on their habits and attitude towards life.

Another way to keep motivated is to provide your body with adequate amounts of sleep and relaxation.

Constant tiredness inevitably leads to stress, and if you are stressed out, you will more likely be focusing on negative aspects of life and it would be very difficult to redirect your attention to positive motivational factors.

To avoid these situations, you should make sure that you get at least 8 hours of sleep every night and avoid exerting yourself during the day.

Some types of jobs or work environments are naturally more stressful than others, and if you are employed in such positions, it would do you a lot of good if you can take regular breaks during the day.

These breaks don't have to be anything major. Spending five minutes on the phone with a friend or simply taking 10 deep breaths are usually enough to rejuvenate you and keep you going until your next break.

It's easier to focus on the task at hand if you are not surrounded with clutter and distractions. So an easy way to handle this situation is to organize your workspace. The less clutter the more work can be focused on. The less stress will present itself.

If you are already lacking motivation and focus then a great way to jump start your subconscious is by reciting a few positive affirmations. Especially during times of great stress.

Some examples of motivational affirmations are statements like "I am capable of focusing my energies on living the best life for me" and "I am smart and strong. My mind and body are my instruments towards achieving my goals."

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Self Fulfilment Comes With Self Motivation

To some people, brushing their teeth in the morning is a part of life and is an essential necessity that is done automatically, to other, brushing their teeth is a chore and the only reason it is done is to avoid the possible outcome of a cavity that will not be pleasant at all. In this case their motivation is the simple fact that this so-called tedious chore can lead to a more unpleasant outcome if it is not done now, however the other half does not see it as a chore at all and as such they do not need motivation to do it.

In that same sense, many people live by the "it could be worse" philosophy and those persons tend to not need much to be motivated. When they suffer a minor or even major set back, they tend to think of how bad it could have really gotten and choose instead to focus on what is left and try to rebuild from that. I guess you can say that they also fall into the "glass is half full" crowd. But the simple fact is that if you dwell on the worse part of the ordeal, you will quickly become de-motivated and depressed and will therefore prefer to give up than start again.

Another great saying that governs the life of most motivated people is the one that claims that all things happen for a reason. While you do not have to necessarily believe that, you can opt to think that if something goes wrong, it only happened because it is preparing the road for something to go really right and if it had not in fact gone wrong, you would have gone down the wrong road under the impression that it was the right one until you approach that road block. Can you imagine if that were true, you would have convinced yourself that you were on the right path because it looked good from the beginning, but when you meet that roadblock with no way over or around it, you will none but two choices; stay in that one spot for the rest of time, or turn around and go back, then start over on another road.

The aforementioned ways of looking at life may not seem practical, but they will help you to keep your sanity and stay focused when you have a task to complete. It may be a small task that can be completed in a few minutes or a few hours, or it may be a task that will take you a few months or a few years. What ever the task may be and however long, the best thing that you can do for yourself is to maintain a positive attitude and that will keep you motivated.

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