Empowering Women Entrepreneurs: Challenges, Strategies, and Impact

• Pages: 103-109

103

Vol. 10 No. 3

November, 2024

Academic Journal of Business, Administration

Law and Social Sciences

E-ISSN 2410-8693

ISSN 2410-3918

Empowering Women Entrepreneurs: Challenges, Strategies, and Impact

PhD (C.) Hava Mucollari

DOI: hps://doi.org/10.2478/ajbals-2024-0025

Abstract

Women entrepreneurs are increasingly shaping the global economic landscape, driv-

ing innovation, and contributing to socio-economic development. Despite their grow-

ing presence, they face unique challenges that dier from their male counterparts,

including gender bias, limited access to capital, and balancing business and family

responsibilities. This paper explores the barriers women entrepreneurs encounter,

the strategies they employ to overcome these challenges, and the impact of their en-

trepreneurial activities on communities and economies. By examining case studies

and empirical data, this research highlights the importance of supportive ecosystems,

policy interventions, and mentorship in fostering female entrepreneurship. The nd-

ings underscore the need for a more inclusive entrepreneurial environment that not

only empowers women but also enhances overall economic growth.

Keywords: Women Entrepreneurs, Challenges, Strategies, Impact.

1. Introduction

Women entrepreneurs represent a growing force in the global economy, but their

path to success is often paved with unique challenges. Empowering women in busi-

ness is not only a maer of gender equality, but also a signicant driver of economic

growth and societal development. This manuscript explores the challenges faced

by women entrepreneurs, strategies to empower them, and the profound impact of

their success in society. In this sense, women entrepreneurs often face a unique set of

challenges that can make it more dicult to build and sustain successful businesses.

These challenges stem from social, cultural, economic, and institutional factors that

can limit access to resources, networks, and opportunities.

Research Article

© 2024 Hava Mucollari

This is an open access article licensed under the Creative Commons

Attribution-NonCommercial 4.0 International License

(https://creativecommons.org/licenses/by-nc/4.0/)