A MULTI-DIMENSIONAL EXPLORATION OF PERSONAL FACTORS INFLUENCING WOMEN ENTREPRENEURS

Abstract

The intricate interplay of individualized factors that affect women's entrepreneurial journeys is explored in depth in this research paper. This study examines the significance of motivation and passion, confidence, risk tolerance, adaptability, network and social capital, family and support systems, leadership and communication skills, work-life integration, personal values and ethics, creativity and innovation. It does this in recognition of the dynamic interaction between individual characteristics and entrepreneurial endeavours. This study aims to reveal the profound effects of these individual factors on the choices made by women entrepreneurs, their success, and their general wellbeing. It does this through a thorough review of the literature and empirical analysis. While the investigation of confidence focuses on how self-assurance influences women's willingness to take risks and seize opportunities, the investigation of motivation and passion reveals the motivating factors that inspire women to pursue entrepreneurship. Women's risk tolerance and ability to adapt to a changing business environment are key factors in determining the path they take as business owners. The importance of relationships in determining entrepreneurial trajectories is highlighted by the impact of networks and social capital on their access to resources, knowledge, and support systems. The roles of family and support networks also shed light on the delicate juggling act that women entrepreneurs engage in as they combine their personal and professional lives. In order to promote collaboration, build teams, and engage stakeholders, leadership and communication skills are examined.

                        Meanwhile, the dynamics of work-life integration highlight the difficulties and possible solutions for achieving a healthy balance. Women entrepreneurs' commitment to ethical business practises is highlighted by their ethical personal values, and their creativity and innovation are key factors in fostering long-term growth and differentiation in highly competitive markets. In conclusion, this research paper offers a thorough investigation of the complex web of individual factors that significantly impact female entrepreneurs. The results deepen our understanding of women's entrepreneurship and educate policymakers, educators, and other stakeholders about the multifaceted support needed for women to succeed as creative, moral, and prosperous business owners.