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Showing posts from August, 2022

Personal Entrepreneurial Competencies

  Entrepreneurial competencies play a crucial role in the entrepreneur’s success and beating the competition. In the past few years, the importance of entrepreneurial competencies has increased constantly. To become a successful entrepreneur, one must be able to take risks as well as handle success, and having both qualities at the same time is termed personal entrepreneurial competencies. Personal entrepreneurial competencies or PEC involve an individual’s skills, knowledge, motivation, capabilities, and traits. PEC has been described and explained differently by different researchers over the past decades. There are 10 Personal entrepreneurial competencies that have been defined on the basis of 3 general clusters which are achievement, planning, and power. Those 10 personal entrepreneurial competencies are: 1.      Opportunity Seeking 2.      Persistence 3.      Commitment to Work Contract 4.      Risk-taking 5.      Demand for Efficiency and Quality 6.      Goal Settin

Best Place for Young Women Entrepreneurs to Find Mentors

Gone were the days when women had to fight for their fundamental rights , but today, women are setting benchmarks in every field. Women in Business are also giving neck-to-neck competition to our male-dominated societies. We need more young women entrepreneurs to reach new heights and take the lead. And young women entrepreneurs need mentorship to launch a business, guidance to grow their Business, and access to appropriate business resources to run their businesses successfully.   So, where can young women entrepreneurs find mentors?   Local business networking events:  You can attend local business events in your industry to connect with other business professionals. Start talking to your friends and relatives, and go through networking sites or social media platforms to find business networking events around you.   On college campus:  You can start discussing your goals with your teachers and request them to conduct special sessions on entrepreneurship. If entrepreneurs

What Business Resources are Available for Women?

Women in America own more than 12 million businesses, and numbers are continually rising. Most women report that it's challenging to find the right resources and mentors. Fortunately, there are many resources and websites that may make the process easier. Here are the top agencies and programs that assist women-owned businesses in many ways. Association of Women's Business Centers Founded in 1998, the Association of Women's Business Centers is a nonprofit organization that provides low-cost counseling and training. Women who are looking to start, grow, or expand their business can check AWBC. They have partnered with U.S. Small Business Administration (SBA), which has more than 100 centers in the country. AWBC also hosts various events and webinars that you can attend for further guidance. NAWBO, the National Association of Women Business Owners NAWBO, the National Association of Women Business Owners, is a dues-based organization that has become the voice of more than

How Mentoring Works for Business Women?

  Mentoring has a positive impact on women's careers, and it encourages advancement in their professional life. Having a mentor will be a significant turning point in your entrepreneurial success. Female founders face many challenges these days and must go through many barriers. To complete the male-dominated businesses, women entrepreneurs must create a unique brand identity. Mentors will help you establish connections and expand your networks globally through cost-effective business resources and finance options. They will guide you in marketing your business in the right direction and don'ts. But before we discuss mentoring, business women have to deal with significant barriers, including: 1.      Funding: There are below 3% of companies financed by venture capital funding have female founders. 2.      Fear of being unheard: As almost every industry is dominated by men, women's voice is often unheard and not taken seriously. 3.      Accomplishing goals:

How To Start Earning Money While Studying?

  While most feel that they had the time of their lives during their college days, many students can utilize this time to generate income and create opportunities that may develop into something big in the future. This article will discuss how students can earn money during their college years. Online Surveys Online surveys are one of the most popular methods for students to earn money. Companies are always looking out for people to test their products and services. For students who wish to make money while pursuing their studies, filling out such online surveys can be an excellent source of income ; h owever, most of these surveys pay relatively smaller amounts, and the ones that pay better are hard to find and less in number. One of the best websites where you can earn money through surveys is Swagbucks . Web Searching While this may sound improbable, you can easily earn money by searching on the internet. One of the best ways for college students to make money online is that this k