Categories: Women Entrepreneur

How Women To Become A Successful Entrepreneur

The world has changed and women entrepreneur have proven that they are no less than men in any field. You can see at the workplace where women work shoulder to shoulder with their male counterparts. Becoming a successful entrepreneur is a journey filled with challenges and opportunities, and for women, it often involves navigating unique hurdles and seizing distinct opportunities.

It is the right time for every housewife to have a career for herself.

You can achieve a work-life balance. It is inextricably tied to your ability to manage time. No one can tell you what is the right work and life balance for you. It is personal to you. To achieve the right work and life balance, you must know yourself and what is important for you. For managing balance in your life or career, you can reach the experts available and they would be happy to help you.

How Can a Housewife Become an Entrepreneur?

How are you going to do it?

Well! As you know women could play an important role in helping the economy to grow.

There are various sectors of our economy where there is a huge opportunity to explore new things.

The demand is in the market however there is no supply; therefore women can play their role and fill this demand and supply gap.

Especially in a developing country like India where human resources is so untapped, women can play their role and emerge as important players.

This gives them an opportunity for a woman to start a small business and work their way forward to become successful entrepreneurs.

What Women Need to Become Entrepreneurs?

Surely, a woman can be an entrepreneur. But she needs to have a certain quality in her. Some of them are:

1. Ambition – The first thing that differentiates women from men is ambition. So women must have an ambition to succeed.

2. Self Confidence – Yes you can do it.

3. Area of Interest – She has to identify an area of interest. It means the area or a field in which she is good.

4. Right Planning and Strategy – She must have a plan or roadmap laid out.

5. Do not give up – Don’t give up because of some pressure.

10 Ways for Women to Become a Successful Entrepreneur

Although there are many entrepreneurship opportunities for women in India, here are the top 10 areas where you can focus.

1. Knitting and Stitching

You can start a small shop with a minimum investment of Rs 30,000/ to Rs 50,000/.

You would require good tailors, a few sewing machines, and some other stuff like thread, etc.

Initially, you do not have to hire anyone as you could start alone and wait for customers to come.

Later, it is up to your hard work that you expand your customer base.

2. Food Catering and Packaging

The next great thing that a woman can excel is the catering of food and beverages.

If you have two to three cooks then you could take orders & start a Tiffin service.

You can cater to the people who work from 9 to 5. If your food is good at the right price then you might get orders from thousands of customers daily.

You need to do a little bit of promotions like distributing handbills or advertising in some local newspaper. You can also list your service on websites like JustDial, AskLaila etc.

3. Coaching Academy

As we know women are great teachers. Hence, you could start your own teaching academy where you teach a few dozen children.

Later you can expand it by taking the help of advertisements to get more students enrolled.

You can give tuition and other coaching.

4. Nursing and Maternal Care

Nursing homes and maternal care centers are the best way to serve the women of our society.

You could start a nursing center or maternal care that will help women to deliver babies.

However, you must have a strong medical background. You could really expand this business and open many such centers across your city.

5. Data Entry Operator – Online and Offline

You could hire a few data entry operators and input data into the computers given by a particular company.

Companies want to outsource their work to others hence you could take a project and complete their work.

You can run your data entry business online or offline.

6. Daycare or Nursery School

Similarly, you could also start a daycare or a nursery school. People living in cities are very busy because both father and mother are working somewhere hence they do not have time to look after their children.

So they are ready to give you and you can teach something to them. You have a great chance to expand your business.

7. Spa and Beauty Parlor

Women love to spend on their beauty. Hence, you could start a spa or fitness center. If you do not have the resources to start a spa then you could start at least a beauty parlor.

Later you could start many such parlors or salons in your area. This is very lucrative business where women have every opportunity to thrive.

8. Relationship Counselor

You could help thousands of women living in cities to make their relationships.

Due to stress and other factors, relationships with a spouse go for a bumpy road. You can help to cope with that.

Hence counseling is the best way.

9. Human Resource Manager

Women are considered to be the best human resource managers. You could recruit the best talent and send them to the companies which are in great need.

It is very as you have to start a small consultancy service.

10. Starting a Call Center

You could easily start a domestic call center run by only ladies. You could recruit only ladies as tele-callers.

Initial investment is required but it is a great business idea.

If you are a woman then you could start any one of them and later make it big by expanding in your city.

Sameer
Sameer is a writer, entrepreneur and investor. He is passionate about inspiring entrepreneurs and women in business, telling great startup stories, providing readers with actionable insights on startup fundraising, startup marketing and startup non-obviousnesses and generally ranting on things that he thinks should be ranting about all while hoping to impress upon them to bet on themselves (as entrepreneurs) and bet on others (as investors or potential board members or executives or managers) who are really betting on themselves but need the motivation of someone else’s endorsement to get there.

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