Wednesday, September 17, 2008

Women in the Business World by Jesscia Thomson

Defying the common misconception that women can not equal men; the woman of today has time and again proved her competency in this fiercely competitive world. Women have walked shoulder to shoulder with the men and have excelled in their fields. They have proved themselves in each and every level and each and every stratum. Various surveys reveal that Role of Woman in Business is getting increased day by day and women are now starting more business and their involvement in business is much more than before. Studies tell us that in the year 2006 the percentage of women run and women owned business was around a staggering 7.7 million. The figures become more amazing because the growth from 1996 to 2006 has been around 42 percent. These businesses run and owned by women are flourishing tremendously. Experts expect that by the time 2006 ends these business enterprises would generate overwhelming revenue of $ 1 trillion. These businesses woman are also supposed to empower around 7.2 million workers.

The main motivation behind the success of women in business is the desire to become their own boss. Male chauvinism has driven many women to show their capability and compete with the men shoulder to shoulder to gain equality in the society. The women have been driven by manifestation of power to not only become self dependent but also to get financial freedom. Another reason that has played a key part in the success of the women is their desire to dedicate more time to their family and children. Statistical data reveals that around 63 percent of women have started their own business initiative with their own savings. This shows their grit and determination to make it to the top level. However, around 14% of women applied to financial institutions for funding of their business and around 79% of them were successful in achieving the loan. This shows the change in the outlook of the society and their belief that even women can be successful running a business.

The numbers of Women in the business world are increasing day by day. The strength of the character and the integrity of the women have helped establishing them as successful businesswoman. They have also proved that to run a business one needs vision and the ability to take risks. The sex of a person is immaterial now. The attitude of the financial institutions shows that they are also recognizing the potential that women have. Their support to the women who have applied for loans shows that they have also realized that a thriving business can be run by a woman also.


About the Author

womencorp.org continually makes publications on issues associated with Business Women and Roles of Women in Business. With his writings on Women in the Business World, Opportunities for Women in Small Business and how to do Marketing for Women in Business the author demonstrated his deep knowledge and experience in the area.

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