09/04/2017

MALE VS FEMALE ENTREPRENEURS


Another individual characteristic among entrepreneurs that has been studied is gender. There has been significant growth n female self-employment, with women now starting new ventures at a higher rate than men. In fact, women are starting businesses in the United States at twice the rate of all businesses and are staying in business longer. According to the latest data from the census bureau and the small business Administration’s (SBA) office of Advocacy, 28% of all private companies are women owned businesses, the census bureau survey of businesses found 6.5 million companies had female owners, and 2.7 million were equally owned by the males and females. 


Women owned businesses grew at twice that national rate for all private companies from 1997-2002. Nearly one-third of women owned business are connected with health care facilities and social services. Much is known about the characteristics of entrepreneurs, their motivations, background, families, educational backgrounds, occupational experiences, and the problems of both female and male entrepreneurs.


Thou the characteristics of both gender are so similar.Female entrepreneurs are differs in terms of motivation, business skills, and occupational backgrounds. Factors in the startups process of a business for male and female entrepreneurs are also different, especially in such areas as support systems, sources of funds, and problems. 


The major differences between male and female entrepreneurs are easily to be stated, Men are often motivated by the drive to control their own destinies, to make things happen, This drive often stems from disagreements with their bosses or a feelings that they can run things better. In contrast, women tend to be more motivated by the need for achievement arising from job frustration is not being allowed  to perform and grow in their previous job situation.

No comments:

Post a Comment

WE LOVE COMMENTS PLEASE KINDLY DROP YOUR COMMENTS!!!!!