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Female Entrepreneurship – a joke here? June 15, 2008

Posted by rainelai in ladies, technology, women.
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Interestingly, a female PhD researcher published in 2000 that the ratio of women to men of total business owners (number of women per 100 men) in Asia and the Pacific in the 1990s is only 22.

women-to-men-ratio of business owners

one of the lowest of all the regions in the world. Why the disparity? In developing worlds and what we know as ‘harsh economic conditions’, female entrepreneurs are actually comparable and perhaps outnumber male entrepreneurs. The differences could be driven by survival instincts or cultural and societal impediments.

i tink a scan in singapore’s context may reveal similar results. Try talking to the ladies here about entrepreneurship and see what you get. The small business concepts may emerge, like retail and food; both online and offline. But it’s not likely u’ll venture into google-like businesses, be it tech oriented or not. Can there be a female mark zuckerberg in singapore? To start with, is there even female mark zuckerberg wanna-be(s) in Singapore?

The research paper also demonstrated a few characteristic tendencies of women business owners:

  • Risk-taking propensity,
  • focus,
  • high energy level,
  • personal motivations,
  • married,
  • first born,
  • self-employed father,
  • general business management skills,
  • social adroitness,
  • interpersonal skills,
  • competence in finance,
  • and in managing relationships

with a long list of impediments in terms of technology, education, training, credit access and to top it off double shift, double burden (which refers to the dual duties at work and at home).

Interestingly, the paper points to women’s ability to focus intensely as the key success characteristic. I will say the ability to multi-task and yet focus intensely is the key. It also points to women’s business associations part in providing support for these females. Here’s a quote:

‘As women watch one another, learn from one another, and communicate more freely, these networks expand… In addition business associations provide a system of bonding. “Women certainly do seek out opportunities to assist other women” Sharon Hadary, executive director of NFWBO asserted, “So many of the issues and problems are the same. The bond of being a woman business owner supersedes the cultural differences.” Without women’s business organizations, Women Entrepreneurs in the Global Economy entrepreneurs say they feel isolated. “Isolation is a dream killer,” and it is most certainly a business killer as well.’

This clearly points to the need for a female entrepreneurs network which might be largely informal and untapped upon now.

Besides, the Hillary’s ‘oh-so-close’ campaign did throw some world attention to the sexism topic and in her words:

“Although we weren’t able to shatter that highest, hardest glass ceiling this time, thanks to you, it has about 18 million cracks in it and the light is shining through like never before.”

Don’t be mistaken that this post is about to declare a war between sexes. It’s real intention is to understand if there is a dearth of female entrepreneurs here and if a network (such as bluestocking) may have scope to make a difference. My belief is yes and the goal is to enable/support/nurture a female mark zuckerberg and more here. Do help us realise this vision in whatever ways you can (regardless of your sex)! =)

Comments»

1. Tanya M - June 16, 2008

Hey Raine, love your name!

I think for many still living in the stone age, it could be a bit troubling to read about up and coming businesswomen, or strong women in general. Especially when speaking about someplace like Asia or the Pacific, where ideals are still very set in the old traditions. But it’s time that people start realizing we are living in the modern age where stereotypes shouldn’t exist!

Currently, I’m an official Microsoft ambassador and right now we’re really trying to scale up our connections with influential bloggers like yourself. I’d love to share with you some of the stuff we’ve been doing in the last couple months to help women entrepreneurs; we’re really committed to providing all the necessary resources to help women start, grow and expand their business.

We just wrapped up a women’s entrepreneurial tour across the US called “Vision To Venture;” the response and turn-out was great!

I’d really love your take on these offerings we have right now; I would have contacted you via email but I didn’t know which was the best way to reach you.

Thank you so much, I hope I didn’t overstep my bounds by directly contacting you. Definitely get back to me if I’ve piqued your interest– I’d love to share more info with you.

Best,
Tanya M.
Official Microsoft Ambassador
t-middleton@live.com

2. simone - July 8, 2008

Can we use this post at http://thenextwomen.com.

Please contact me.

regards,

Simone Brummelhuis
founder thenextwomen