Analyzing The Mindset Of Female Entrepreneurs In Cross River State
Volume 3 - Issue 6, June 2019 Edition
[Download Full Paper]
Author(s)
Julia Nkakim Omorodion
Keywords
Passion, positivity, religion, family, support, risk management, training, education.
Abstract
Females in almost every nation of the world are becoming entrepreneurs. They constitute females that have formal education and acquired Skills. Each female entrepreneur has commenced business with varying mindsets. This research studies the range of mindsets possessed by the female entrepreneurs. These mindsets will be the propelling drive for the success of the businesses. One hundred and twenty (120) female entrepreneurs in five cities in Cross River State were randomly selected and constitute respondents for this study. Questionnaires addressed varying mindsets: Three broad sets of mindsets were constructed; Passion, Personal characteristic and Training. Mindsets that constitute each broad set of mindsets were analyzed: Resilience, ability to face challenges, curiosity, perseverance, ability to manage skills, ability to develop a network of like-minded minds, confidence, ability to stand out, and proactive listening skills.The results obtained indicate that majority of female entrepreneurs need training to be able to possess mindsets that will enable them become resilient and proactive in order to succeed in their businesses. Management of risk by female entrepreneurs would be greatly enhanced.
References
[1]. Altum Larry (2017), The top 6 characteristics that help female entrepreneurs success. www.projectiv.com/the-top-six-charateristics-that-help-female-entrepreneurs-succeed/.
[2]. Brandy, S (2017), Success Mindsets That every female entrepreneurs needs. www.girljustquit.com
[3]. Carri Dweck (2016), Why Female entrepreneurs need to develop a growth mindset www.3plusinternational.com/2016/female-entrepreneurs-growth-mindset/.
[4]. Ramirez Ekaterina (2017), 7 women Entrepreneurs on mindset for business excellence, www.womenentrepreise.ca/blog/7-women-entrepreneurs-mindset-business-excellence
[5]. Smart Company (2017). The mindset female entrepreneurs need to build an empire, www.smartcompany.com.am/people-human-resources/leadership/.
[6]. Sinha Sonali (2016), 10 Traditional mindsets women entrepreneurs need to break free from before treading on the path to success. www.yourstory.com/2016/01/women-entrepreneur-break-free-traditional-mindsets/amp/.