Who is considered to be an entrepreneur?
An entrepreneur is a creative,
individual with the knack to solve problems using creative ways. They can manage the basic needs of a company like finances, and are constantly spreading and
enhancing empowerment. Now how can one define a woman entrepreneur?
Well, a woman entrepreneur has the same qualities but additionally, she is also inspiring a lot of other women around her.
1. Different clientele:
When a woman is running a business the chances of the business targeting a different and varied clientele are higher.
2. Empowering women across the world:
Women-run businesses usually hire a lot of women and in that way, women in poverty or those who are in less than acceptable circumstances end up gertting hired. This way women also get vocational training and are making them financially independent.
3. Dollars into the economy:
Studies have proven that most of the women who run businesses invest their profits back into the business which will ultimately benefit the company and the economy.
4. Women-run businesses are more innovative:
Women tend to push the boundaries a lot more especially because they are constantly challenging the societal norms and thus, tend to be more creative and innovative to move the business forward.
5. Build a marketplace:
By supporting women entrepreneurs from across the globe, these businesswomen have access to the global marketplace, can connect to other important and powerful women, and can also make the marketplace stronger.
6. Building a community:
Women also invest money, time, and energy in building a community and are bringing people from one community together.
7. Women power:
Women entrepreneurs can help economies, uplift women, and work on contributing to the GDP. They are hard competitors and can build an empire with all their hard work.
Case-in-point: Last April in Canada, the Federal government announced $4.2 M in funding for women-led businesses in Southern Ontario. It's evident that on a larger scale, even governments have identified the value that women bring to the workforce, especially when they are at the helms!
Stats Can came out with some amazing data on female-led businesses in Canada. You can read more about it HERE!