Indian Women Entrepreneurs Facing Problems and Their Solutions

Without saying it, we all know that male dominance in India’s every sector. From home to work, everywhere women face problems in their routine life. 

There is no doubt of Indian women’s capability and intelligence. She also proves herself in every field. In today's world, women and men are equally the same. But somehow as we talk about the corporate world, Entrepreneurship women's are facing many challenges in their professional life.

Let’s today we talked about the Common Problems facing Women Entrepreneurship when they starting their professional career and their solutions by the best corporate counselor and Life Coach India - Ritu Singal.

9 Common Problems Facing Women Entrepreneurs

• Family restriction
• Lack of Finance
• Lack of Education
• Role Conflict
• Unfavorable Environment
• Lack of persistent Nature
• Lack of mental strength
• Lack of Information
• Stiff Competition

1. Family restriction

Let’s start from our home and society, if you raised up with your brother then you can understand. How much our parents try to not be discriminate, but they do. By releasing girl are weaker than men, we meant to handle house and so on. 

It break’s heart but more over it decrease the confidence for a woman or a girl to do something different. You are not alone, we all fight with same people, same society. And let’s break this stereotype, if Mary Kom, Manushi Chhillar can do, so we could do.

Check out the - Top 10 Famous Women Entrepreneurs in India

2. Lack of Finance

As above, our family members do not see us as Role of Women Entrepreneurs. The hesitation of invest money in business came from there. Where bank and other financial do not consider women as Role of Women Entrepreneurs. Proper candidates for setting up their projects and they are hesitant to provide financial help to unmarried women or girls as they are unsure who will pay back the loan. This humiliates unmarried women, and they leave setting up their ventures.

3. Lack of Education

Women literacy rate is still at its worst condition. If they wouldn’t get enough education. Then how will their mind will develop for to do something.

It’s a sad truth, but it does not allow women to enrich their knowledge in industrial, technical and research areas to introduce new products.

4. Role Conflict

In India, they set for women the Early marriage and family life as more important than career and social life in India. Women always sacrifice their dream of Role of Women Entrepreneurs.

5. Unfavorable Environment

Males dominate the society. Many (so called Male) business men are not interested to have a business relationship with women entrepreneurs. Male rarely encourage the Women Entrepreneurship.

6. Lack of persistent Nature

A woman who is a mother, daughter and sister has sympathy for everybody. They became such emotional person. This view allows them to get easily cheated in business.

7. Lack of mental strength

Women are tough, if they could give birth to a life they could do anything, but what about mental strength? Business involves risk. Women Entrepreneurs doesn’t allow them to get upset easily when loss arises in business, but women does.

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8. Lack of Information

Nobody is aware of everything; we human learn to do so. Similarly, women entrepreneurs are not aware of the subsidies and incentives available for them, but the sad part is there are fewer people who help women or colab with them. Lack of knowledge may prevent them from availing special schemes.

9. Stiff Competition

Women face a lot of competition from men. Because of limited mobility they find difficult to compete with men.

Solution for Problems Facing Women Entrepreneurs

• Promotional Help
• Training
• Selection of Machinery and Technology
• Finance
• Marketing help
• Family support

Some of these solution measures that can promote the Role of Women Entrepreneurs in India are as follows.

1. Promotional Help

Government and NGOs help more with entrepreneur skills development for women, both in financial and non-financial areas.

2. Training

It is important to provide them proper training of leadership skills training, Entrepreneur skills development and Communication skills training.  

3. Selection of Machinery and Technology

Women require help in selection of machinery and technology. Help must be provided to them in technical areas so that the business unit becomes successful.

4. Finance

Money is one of the major problems faced by women entrepreneurs. Both government organizations and family must be reformist in providing financial help to all women with amazing ideas.

5. Marketing help

Because of limited mobility, women cannot market their goods. It must provide help to help them market their goods successfully in the economic environment.

6. Family support

Family support is very important for every India Women Entrepreneurs and makes an environment in the family that you are capable of it, encourage them to establish and run a business successfully