Page 19 - WOMEN IN BUSINESS
P. 19

WOMEN IN BUSINESS


                         The Advantages and Disadvantages of Being a Woman

                                                     Entrepreneur



               As an entrepreneur, you will have advantages to help you succeed. Unfortunately, there will also
               be disadvantages. As a woman taking on entrepreneurship, however, you may face challenges

               and develop strengths differing from what a man may experience during his entrepreneurial
               career.  It’s important to identify these possible issues so that you may use your advantages to

               become a successful businesswoman and learn how to overcome the disadvantages holding you
               back.


               The Disadvantages


               Networking

               Women are less likely to have relationships with people who have networks or connections to

               help launch and sustain a business. Not only does a network provide valuable information
               needed to successfully create a business, but it also provides a mentorship as well as referrals

               you may need for future expansion.  Due to the tendency of the highest levels of corporate

               leadership to be mostly occupied by men, it is difficult for female entrepreneurs to find a woman
               in a high occupational seat to seek advice from.


               Family Needs

               It can be difficult for women to devote the time needed for a business to become successful if

               they have young children who require constant attention. Trying to launch a business may take
               up all of your time and this can often put strain on obligations to your family.  It is important to

               schedule your work life with your family duties in mind. As an entrepreneur, you are the boss

               and therefore you set the hours needed for your business to grow.

               The Advantages


               Strength in Emotional Intelligence (EQ)

               Leadership studies reveal that having high emotional intelligence may prove to be an advantage

               in business. Having a high emotional intelligence quotient is an important factor in leadership

               and studies have found that women, on average, have an edge over men when it comes to this.



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