Motives and characteristics of female entrepreneursClick to read
Starting own business requires money, many hours of hard work, persistence, steel will, a lot of patience, as well as the understanding that if you do not have sufficient and regular business income already in the first or second year of operation, your entrepreneurial adventure could soon be over.
a person who is ready to take risks for the success of a business.
Key factors that influence future female entrepreneurs are:
Passion for a business idea - someone gets an idea for a new product or service, and there is no way to get that idea accepted in the market, except to start a new business.
Financial need - owners of their own business usually have more control over their finances and career path.
Business engagement - the entrepreneur wants to be part of the design, production, marketing and sale of a certain product or service (to be responsible for all aspects of business operations that are carried out)
Greater freedom - need to make business decisions without the approval of a superior person.
SUCCESS formula = MOTIVATION x KNOWLEDGE x CONDITIONS
Motivation to start a business and the ability to recognize opportunities are key components, not money.
1.1.2: Personality traits that an entrepreneur should have
A successful entrepreneur is not born as such!
Acquiring skills, knowledge and experience during business are key in business development.
Successful female entrepreneurs come from different social backgrounds.
Common skills and values should be understood as universal, developed and applied in business.
Entrepreneurial qualities are important but not enough, especially when the business reaches a certain level of development!
It is necessary to have:
a) General management skills:
- Strategic skills
- Planning skills
- Marketing skills
- Financial skills
- Project management skills
- Time management skills
b) Specific personal management skills:
- Leadership skills
- Motivational skills
- Skills of delegating tasks/competencies to others in the organization
- Communication skills
- Negotiation skills
- Operational capability
- Creativity as the ability to think and conclude logically
- The ability to critically observe situations and relationships
- Analytical ability