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Volume 4, Issue 6, June – 2019 International Journal of Innovative Science and Research Technology

ISSN No:-2456-2165

Reasons for Women Choosing Entrepreneurship


Dr N. Ganga Vidya
Daebak Entrepreneurs LLP, Chennai
Tamil Nadu

Abstract:- Women, who hail from Education, Economic I. ENTREPRENEURSHIP BY WOMEN HAS A
and Environment challenged background of rural and REASON FOR IT’S VERY SET UP
semi-urban India are willing to change their
circumstances from below poverty to above poverty and In the patriarchal Indian society, which is constituted
from above poverty to the state of living with all by middle and lower middle class of more than 50% of the
necessities fulfilled. A significant trend over decades has population, a housewife is an indicator of “improved and
been choosing Entrepreneurship over employment by sufficient economic condition of a family”. And a
these women. This has solely been for fulfilling growing workingwoman shows “financial gaps” requiring the
needs of their family considering their anthropological, women of the family to be income generators. According to
social, circumstantial and economic factors. They are National Sample Survey (NSS) data, India’s middle class
willing to undergo capacity building in both traditional grew from 304.2 million in 2004-05 to 604.3 million in
and non-traditional activities viz. engineering, 2011-12. The society seems to have assumptions that
readymade garments, organic fabrics, eateries, women from this strata are endowed with skill sets for
handicrafts, doll making, poultry, diary farming, some form of income generation, which are required to be
chemicals for household use, knitting, jewellery put to use, only when called for. These women are not
designing, lighting equipment and some cases false forewarned. They are buffer hands for short stint or long
roofing. term income generation in times of financial crisis be it in
her parents’ house or the in laws.
The reasons for choosing entrepreneurship are
1.the lifestyle and attitude of the members of their A circumstance (disturbance of Ill health or children,
family and 2. not many organizations offer jobs with performing a marriage, low or reduced income, losses or
optimum salary and flexible timings to suit their accident, settling loans, clearing losses or eventualities),
education (which is of distance learning model), which arrives by Poisson distribution, makes them learn a
experience (which has been mostly managing household, specific skill on project mode then set up a micro business
bringing up kids and nursing the elderly) and skills and make it a financial tool. The business is rarely meant
(mostly latent and dormant until identified when for creating a growing concern. Also her exit from the
desperate).Women entrepreneurs hailing from middle business is because of the prioritisation of the role of a
and lower class families therefore largely confirmed to homemaker and not due to under performance of the
micro scale of operation, services, trade, feminine and business operated.
traditional.
 The Paper Lists Five Different Types of
But they are very strategic in making combinations Entrepreneurship Set Up
of two three businesses so that the cash flow,
seasonality, pay back period waiting time and any other  Type 1 Business has survived over a decade and the
issues don’t sag the expected take home of the woman. founder herself still operates the business

Keywords:- Woman, Livelihood, Imitative  Type 2 Business was set up for a purpose and a definite
Entrepreneurship, Combining Businesses. time period was also known when starting. It served the
purpose and then was voluntarily closed

 Type 3 Business survived over a decade but someone


else operates the same now. It could be in rare cases a
woman but it is mostly men.

 Type 4 Business survived less than 5 years it was right


for so many good reasons but they were on the brink of
generating losses and were thankfully closed in time

 Type 5 of Business closed in less than 5 years due to


extraneous factors

IJISRT19JU585 www.ijisrt.com 743


Volume 4, Issue 6, June – 2019 International Journal of Innovative Science and Research Technology
ISSN No:-2456-2165
Business Category Extreme Criteria Status 2019
Roopa Garments Manufacturing Husband taxi driver and doesn’t own Has purchased car for her
Garments + Taxi Tie ups for Uniforms Bulk car husband from her business
2010 order from shopping malls School and joint family expenses income so he rents and
Running a traditional business increase drives she is still runs her
in a strategic model business
Deepa Herbal Products Manufacture of natural She and her sister in law started this They have tied up with
2009 products and network sales. business, as their husbands as different malls to get
Well planned back ward livestock owners incidentally landed placement in shelves along
integration into cultivation of up having freemartin twins. The same with other branded herbal
herbs without ownership of sex twins are no problem but different oil products. They are still
land or jewels or even own sex twins will not have both milk in business from 2010 Has
house Was a daily wage laborer production and next generation. They changed 20 families
who used to use self help group should have disposed it off while a financial circumstances
library and learnt making these calf but now after taking care of them
products as grown heifers they don’t want to
sell in the meat market and hence no
more income for the men.
Indhu Apiary + Honey Natural Products – Apiary & Husband worked on family land under All family members have
+ Vermin-composting Vermin-compost 99 year lease comes to close now joined and she is still in
& Training 2010 Business and trainer for both handed over hence no income business
Bhagawathy A traditional business that she Large joint family and wanted to From 2015 her daughter in
Catering + Food Stall set up in strategic model educate girl children law is running this catering
+ Family Events Division of Jobs based on Her husband is auto driver service as they have got
Management specialty. She identified each of And is not affiliated to Ola or Uber.
contract for government
2009 their cooking expertise office canteen. These
specifically one dish per person women have all changed
per family and she would get over 5 times now but still
Event Catering orders for the they use the same concept
group. So a course meal with of one woman one house
over 10 items comes from 10 and one dish and there are
different houses and reaches the some women who are not
venue. relatives
Table 1:- Type 1 of Entrepreneurship Set up which have Survived Over a Decade and the Founder Still Runs the Business
Source: Primary Data (Please note the names have been changed)

Business Category Extreme Criteria Status 2019


Ann Impex Eco-friendly Banana Fibre Mentally retarded child born The child passed away in 2015
(Import Export) products. Extraction and Sale Mounting Medical expenses She is no longer doing the business
Started in 2005 of banana fibre. Hand Crafts Husband’s banana crop
from Banana. Registered as produce income insufficient.
Export Oriented Unit
Kumari Travels Lady School bus driver & Unwell mother in law and 2 Her husband got reinstated in 2016
School Bus + Woman Chartered Tours school going children and she quit
Planned tour operator Travel Operator when school Union Strike in husband’s
vacations commence office for more than an year
and husband gets suspended as
a black leg
Mathi Wax Candles Handwork Wax Candles for Separated from her husband She made her daughter complete
Churches. Trainer of SHG due to daughter. Daughter studies and remarried her after the
women as candles makers and divorced due to birth of third child also passed away. Now she
sales person No loss of raw mentally retarded children has retired
material or finished goods
Yashoda Driving School with 5 cars at Husband met with a severe Exit 2013 planned
Driving School closing road accident and due to Her son completed his engineering
severe head injury bedridden study and he has got campus
for 12 - 15 years placement and she closed the business
Table 2:- Type 2 of Entrepreneurship Set up, Survived a Decade, Served the Purpose and then were Voluntarily Closed
Source: Primary Data (Please note the names have been changed)

IJISRT19JU585 www.ijisrt.com 744


Volume 4, Issue 6, June – 2019 International Journal of Innovative Science and Research Technology
ISSN No:-2456-2165

Business Category Extreme Criteria Status 2019


Devi Mushroom Oyster & Milky Mushroom Responsibility of both in laws Husband travels all the way to
Gathered High level of Synthetic gem edge cutting & Solan in Himachal Pradesh and
Market Information and polishing market had shift in studies and becomes a certified
Buyer Information before technology and her husband and she Mushroom grower and finally
choosing business both had to learn working with new takes over business in 2014
machines instead they choose
different line
Karuna Areca nut Biodegradable Areca nut Husband hires land and cultivates Her husband slowly learns to do
+ Hosiery + Paper leaves products Hosiery coconut the paper cup business very well
Cups Waste Reclamation and She has married her aunt’s son and and he takes over and employees
Recycling Paper Cup Three now the joint family size after continue on this business. They
businesses to handle the children has increased and hence she closed other business since 2017
payback period Market tie chooses to get into business as she was pregnant with next
ups for paper cup business child
with Government liquor
shops and railways
Jaya Food Products Food Products Shop started Two sons to be educated The sons have both have taken
as a stall with community Husband was running and business over the shop and she has retired
specific cuisines for and had over 10 lakhs losses and the
community specific festivals house had to run
and events
Sai Sanitary Napkin Biodegradable Sanitary Husband and her age difference is Choice of business based on
Napkins almost 20 years as her elder sistermarket information but suicidal
died and she was asked to marry her pricing made her close and she
brother in law to take care of her now works with the catering
sister’s kids. services group of ladies of
Bhagwathy
Table 3:- Type 3 of Entrepreneurship Set up which have Survived Over a Decade but Someone Else Now Operates it
Source: Primary Data (Please note the names have been changed)

Business Category Extreme Criteria Status 2019


Begum Hostel Religious Minority Specific Daughter’s dream to become a dentist Hostel and restaurant closed
& Veg Restaurant but was married off before earning. as the son in law settled the
Parents offered to settle her remaining loan in 2015.
Education loan but the father retired School vacation is over 180
without pension from state public days and hence no income
sector undertaking. and problems paying loan
EMI
Kala Documentation Financial Documentation PAN Husband could not become Became salaried employee
& Accounts card and other online payments permanent employee, as he did not from 2012
and documents complete degree. Also joint family
and child’s education
Diya Leather Gloves and accessories Loss due to Typewriter industry Very good linkage with
Leather Gloves closure financial market but could
Husband was typewriter service not garner buyers thankfully
engineer also running an institute. As
her son finished engineering
he had to dispose only in scrap he and got a job from 2015 and
had 7 lakh losses. she closed
Radha Hand works Hand Work on all types paper, Unmarried and father died leaving One younger brother
cloth, beads, paint, scrap, metal, her mother and two younger brothers finished studies 2014 and
rubber, wood to be taken care runs the family. She joined
as an employee with an
NGO as trainer
Vani Paper bag Recycled Paper products. If she Only Gujarat Market was against Husband’s niece married off
gets into business now she will plastic at that time. and she closed business in
have it roaring 2014
Table 4:- Type 4 Entrepreneurship Set up & Survived Less than 5 Years but Thankfully Closed before Generating Losses
Source: Primary Data (Please note the names have been changed)

IJISRT19JU585 www.ijisrt.com 745


Volume 4, Issue 6, June – 2019 International Journal of Innovative Science and Research Technology
ISSN No:-2456-2165
Business Category Extreme Criteria Status 2019
Shree Engineering Fabrication as Husband unemployed Running it even through pregnancy won
Engineering Bharat Heavy Electricals Ltd. her award from BHEL
Fabrication (BHEL) a public sector Her business closed down as her
undertaking which hires vendor husband took loans using her name
Selvi Beauty Beauty Grooming and bridal Husband gets chronic health Husband passed away in 2012 and she is
Parlour make up condition no longer eligible for bridal make over.
Culture gives a funeral to her business.
Radha Eco-friendly Jute products Husband does not have income NGO closed in 2014 and she never learnt
Jute bags + Orders arranged by NGO Christian Minority Non to get her own orders. Highly skilled but
training Governmental Organisation lack of strategy and business orientation
(NGO) leading to no profit no loss
Table 5:- Type 5 of Entrepreneurship Set up which Closed in Less than 5 Years Due to Extraneous Factors
Source: Primary Data (Please note the names have been changed)

II. CONCLUSION – THE TREND IS CHANGING Environment challenges the nation as a whole and not the
individual woman alone. Since they have no halo of a
As per the primary data from the PhD thesis (1) 90% developed nation operating on them it is easier for these
of these women live in rented houses in flat system and women to start up when necessary and sit down when
over 83 % live along with parents or in laws as either sufficient.
house has arrived at a family financial milestone. They
need financial inclusion at the earliest. The women are a These milestones give us a complete map of their
little clueless where to begin but once they get the groove family timelines and these goals determine the exact
ideas flow be it for innovative business plan or just amount of returns that they expect from their business at
improving an existing process. Also given the social norms any given phase. The success of her business or growth of
and socialization patterns, the women suddenly get a room the business or her diversification or any thinking on the
to exhibit their potential skills and latent talents. Thanks to development of business is decided by these milestones
the time saving kitchen appliances where technology helps alone. The Strategy as explained inthe thesis work is
them find time for this venture. combining two or more business tactically both within and
across industries. The worst-case scenario is always no loss
I happened to read an article in Forbes (6) and was no gain but never negative. So a further study may prove
surprised to see that as recent as 2017 – 2018 American that women don’t get left out with loans and they don’t
Women seem to have woken up to Entrepreneurship generate bad debts.
preferring it to the corporate ladder. It says “The number REFERENCES
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Indian subcontinent as the Economy of these nation,
availability of Education and the potential of the

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