Professional Documents
Culture Documents
Woman Entrepreneurship
Woman Entrepreneurship
The Indian economy has been witnessing a drastic change since mid -1991,
with new policies of economic liberalization, globalization and privatization
initiated by the Indian government. India has great entrepreneurial potential.
At present, women involvement in economic activities is marked by a low
work participation rate, excessive concentration in the unorganized sector
and employment in less skilled jobs.
Any strategy aimed at economic development will be lop-sided without
involving women who constitute half of the world population. Evidence has
unequivocally
established
that
entrepreneurial
spirit
is
not
male
substantive
contribution
to
economic
growth.
The
industrial
approach
from
women
welfare
to
women
development
and
There is a need for changing the mindset towards women so as to give equal
rights as enshrined in the constitution. The progress towards gender equality
is slow and is partly due to the failure to attach money to policy
commitments. In the words of president APJ Abdul Kalam "empowering
women is a prerequisite for creating a good nation, when women are
empowered, society with stability is assured. Empowerment of women is
essential as their thoughts and their value systems lead to the development
of a good family, good society and ultimately a good nation."
When a woman is empowered it does not mean that another individual
becomes powerless or is having less power. On the contrary, if a women is
empowered her competencies towards decision- making will surely influence
her family's behavior.
In advanced countries, there is a phenomenon of increase in the number of
self- employed women after the world war 11. In USA, women own 25% of all
business, even though their sales on an average are less than two-fifths of
those of other small business. In Canada, women own one-third of small business and
in France it is one-fifth.
HISTORY
Before the 20th century, women were operating businesses as a way of
supplementing income. In many cases, they were trying to avoid poverty or
making up for the loss of a spouse. The ventures that these women
undertook were not known as entrepreneurial at the time; many of them
usually
had
to
bow
to
their
domestic
responsibilities.
The
Women became more involved in the business world only when the idea of
women in business became palatable to the general public. However, this
does not mean that there were no female entrepreneurs until that time. In
the 17th century, Dutch Colonists who came to what is now known as New
York City, operated under a matriarchal society. In this society, many women
inherited money and lands and, through this inheritance, became business
owners. One of the most successful women from this time was Margaret
Hardenbrook Philipse, who was a merchant, ship owner, and also involved in
the trading of goods.
During the mid 18th century, it was popular for women to own certain
businesses like brothels, alehouses, taverns, and retail shops, among others.
Most of these businesses were not perceived with good reputations, because
it was considered shameful for women to be in these positions. Society at the
time frowned upon women involved in such businesses because they took
from the women's supposed gentle and frail nature. During the 18th and
19th centuries, more women came out from under the oppression of
societys limits and began to emerge into the public eye. Despite the frowns
of society, women like Rebecca Lukens flourished. In 1825, Lukens took her
family business of ironworks and turned it into a profit-generating steel
business.
In the 1900s, due to a more progressive way of thinking and the rise of
feminism, female entrepreneurs began to be a widely accepted term and
although these women entrepreneurs serviced mostly women consumers,
they were making great strides. Women gained the right to vote in 1920 and
two years later, Clara and Lillian Westrop started the institution of Womens
Savings & Loan as a way of teaching women how to be smart with their
money. As each change in society happened, female entrepreneurs were
there, becoming more influential. With the boom of the textile industry and
the development of the railroad and telegraph system, women like Madame
C. J. Walker took advantage of the time and was able to market her hair care
products in a successful way, becoming the 1st African American female
millionaire. Carrie Crawford Smith was the owner of an employment agency
opened in 1918 and, like Madame C. J. Walker, she sought to provide help to
many women by giving them opportunities to work.
During the Great Depression, some of the opportunities afforded to women
took a backseat and society seemed to reverse its views, reverting to more
traditional roles. This seemed to affect women working in business. However,
it served as a push to those involved in the entrepreneurial world. More
women began starting their own businesses, looking to survive during this
time of hardship. In 1938, Hattie Moseley Austin, who had begun to sell
chicken and biscuits after her husband died, opened Hatties Chicken Shack
in Saratoga Springs, NY.
During WWII, many women entered the workforce, filling jobs that men had
left behind. Women of their own accord took these jobs as a patriotic duty
along with others who started businesses of their own. Some of these women
included Pauline Trigere, who came to New York from Paris in 1937 and
started a tailoring business that later turned into a high-end fashion house.
Estee Lauder at the time was also working on the idea for her beauty
products and officially launched in 1946, a year after the war ended. When
the war ended, many women still had to maintain their place in the business
world because most of the men who returned were injured.
The Federation of Business and Professional Womens Clubs were a source of
encouragement to women entrepreneurs. They often would hold workshops
with already established entrepreneurs, such as Elizabeth Arden, giving
advice. When the 1950s came, women found themselves surrounded by
messages everywhere, stating what their role should be. Domesticity was
the overall concern and theme that was highly stressed during this time, and
women were juggling, trying to combine the home and their career.
From the 1960s to the late '70s, another change came about when divorce
rates rose and many women were forced back into the role of being a sole
provider. This of course pushed them back into the working world, where
they were not well received. When the recession hit, many of these women
were the first to be without work. Once again, the entrepreneurial endeavors
of women came to the rescue as an effort of asserting themselves and aiding
other women in being a part of the workforce. Mary Kay Ash and Ruth Fertel
of Ruths Chris Steak House were part of that movement.
The 1980s and '90s were a time of reaping the benefits from the hard work
of women who worked tirelessly for their rightful place in the workforce as
employees and entrepreneurs. Martha Stewart and Vera Bradley were among
the 25 percent women who owned businesses. The public was also becoming
more
receptive
and
encouraging
to
these
women
entrepreneurs,
advances, the female entrepreneurs still fell behind when compared to their
male counterparts.
As the '90s came in, the availability of computers and the increasing
popularity of the internet gave a much needed boost to women in business.
This technology allowed them to be more prevalent in the business world
and showcase their skills to their competitors. Even still, with the added
popularity of women in business, the availability of technology, the support
from different organizations, female entrepreneurs today are still fighting.
The economic downturn of 2008 did not serve to help them in their quest.
With the continual attention given to female entrepreneurs and the
educational programs afforded to women who seek to start out with their
own business ventures, there is much information and help available. Since
2000, there has been an increase in small and big ventures by women,
including one of their biggest obstacles--financing.
CONCEPT
Concept of Entrepreneur
The word ' entrepreneur' derives from the French word "Entreprendre" (to
undertake) .in the early 16th Century it was applied to persons engaged in
military expeditions, and extend to cover construction and civil engineering
activities in the 17th century, but during the 18th century , the word
'entrepreneur' was used to refer to economic activities. Many authors have
defined 'entrepreneur' differently. Generally, an entrepreneur is a person
States
No
of
Units No.
of
Women Percentage
Registere
Entrepreneur
Tamil Nadu
9618
2930
30.36
Uttar Pradesh
7980
3180
39.84
Kerala
5487
2135
38.91
Punjab
4791
1618
33.77
Maharastra
4339
1394
32.12
Gujrat
3872
1538
39.72
Karnatka
3822
1026
26.84
Madhya Pradesh
2967
842
28.38
14576
4185
28.71
Total
57,452
18,848
32.82
Percentage
India (1970-1971)
14.2
India (1980-1981)
19.7
India (1990-1991)
22.3
India (2000-2001)
31.6
USA
45
UK
43
Indonesia
40
Sri Lanka
35
Brazil
35
Some examples
Mahila Grih Udyog
7 ladies started in 1959: Lizzat Pappad
Lakme
Simon Tata
Shipping coorporation
Mrs. Sumati Morarji
Exports
Ms. Nina Mehrotra
Herbal Heritage
Ms. Shahnaz Hussain
Balaji films
- Ekta Kapoor
Kiran Mazumdar
- Bio-technology
provide tangible security. Very few women have the tangible property in
hand.
Ekta Kapoor is an Indian TV and film producer. She is the Joint Managing
Director and Creative Director of Balaji Telefilms, her production company.
Ekta Kapoor is the daughter of actor Jeetendra and Shobha Kapoor. Her
brother Tusshar Kapoor is also a Bollywood actor. She did her schooling
at Bombay Scottish School, Mahim and attended college at Mithibai College.
Ekta Kapoor is credited with therevamping of Indias television landscape.
She pioneered an entire genre of television content, heralding Indias
satellite television boom. Balajis shows have been channel drivers for most
broadcasters. As the creative force behind the Companys success, she
believes in a hands-on approach in day-to-day creative direction of each TV
show and film. Routinely putting in 16-18 hours each day, she moves ahead
with Indias rapidly metamorphosing TV climate. She has expanded her
unmatched creative vision to motion pictures and new media verticals.
Under her creative guidance, Balaji has won almost every major TV award.
Her stellar work in creating a large content conglomerate at a young age
garnered her several distinguished awards, including The Economic Times
(Businesswoman of the Year 2002), Ernst & Young (Entrepreneur of the Year
2001) and the American Biographical Institute (Woman of the Year 2001),
among others. She was also placed at the No. 3 position among 50 Most
Influential Women in the Indian marketing, advertising and media
ecosystems by IMPACT magazine. She has produced numerous soap opera,
television series and movies. Her soap operas include, Hum Paanch,Kyunki
Saas Bhi Kabhi Bahu Thi, Kahaani Ghar Ghar Kii, Kasautii Zindagii
Kay, Kkavyanjali , Kabhii Sautan Kabhii Sahelii, Kahiin to Hoga, Kis Desh Mein
Hai Meraa Dil, Kasamh Se, Kkusum, Kutumb,Bandini, Kitani Mohabbat
Hai, Tere Liye, Pyaar Kii Ye Ek Kahaani,ParichayNayee Zindagi Kay Sapno
Ka, Gumrah End Of Innocence,Kya Hua Tera Vaada,Pavitra Rishta,Bade
Acche Lagte Hain and many others. She is currently producing, Jodha
Akbar,Pavitra Bandhan,Meri Aashiqui Tumse Hi,Kumkum BhagyaandYe Hai
Mohabbatein.
She ventured into Bollywood movie production in 2001 beginning with Kyo
Kii... Main Jhuth Nahin Bolta. Kucch To Hai and Krishna Cottage based on
supernatural themes followed in 2003 and 2004. Kyaa Kool Hai Hum starred
her brother Tusshar Kapoor. She then went on to co-produce Shootout at
Lokhandwala with Sanjay Gupta. Mission Istanbul and EMI Liya Hai Toh
Chukana Padhega in collaboration with Sunil Shetty followed. In 2010 to 2014
she released Love Sex aur Dhokha, Once Upon a Time in Mumbaai, Shor in
the City, Ragini MMS, Kyaa Super Kool Hai Hum, The Dirty Picture.Ek Thi
Daayan, Shootout at Wadala, Lootera, Once Upon a Time In Mumbaai
Dobara, Kuku Mathur Ki Jhand Ho Gayi, Ragini MMS 2, Shaadi Ke Side
Effects, Milan Talkies,Main Tera Hero.
HER WORKS
Balaji Telefilms Ltd. is one of the largest production houses across India,
South Asia, South East Asia and the Middle East delivering Hindi and regional
content. Ruling the roost in content production in the TV and films space,
Balaji was incorporated as a Private Limited company under the Companies
Act 1956 on November 10, 1994 as Balaji Telefilms Private Limited. Balaji
was converted into a Public Limited Company on February 28, 2000 and
subsequently thename was changed to Balaji Telefilms Limited with effect
from April 19, 2000. They are listed on the BSE with a BSE Code of 532382
and the NSE with an NSE Code of BALAJITELE. The main business of the
Company is Production, Distribution, Exhibition of television serials and films
etc.
Promoted by Mr. Jeetendra Kapoor, Mrs. Shobha Kapoor, Ms. Ekta Kapoor and
Mr. Tusshar Kapoor, it have consistently strengthened their creative and
Its dominance in TV soaps can be dated back to the early 1990s. Under the
canny eye of their promoter Ekta Kapoor, a handful of serials based on social
themes gave way to high voltage family dramas. Indian TV was never to be
the same again. So successful was this strategy that Ekta Kapoor became a
household name. While 'Mano Ya Na Mano' a fiction thriller which was aired
on Zee TV in the year 1995 was their first show, the first big hit they we
produced was a comedy show "Hum Paanch" about a couple with five
daughters. It ran for 5 years and turned out to be a huge success. After that,
they produced numerous hit shows such as "Itihaas", "Koshish... EkAasha" ,
"Koi AaneKoHai" , "Kkusum ... EkAamLadki Ki Kahani", KkutumbKarma,
Kaaun, Kanyadaan, GharEkMandir, Bandhanetc. catering to the Hindi
speaking audience and 'PavitraBandham', KulaaVillaakku, 'Pasamalargal',
Anubandham', 'Itihaasaa' etc. in regional languages. The golden period
began in 2000 with the launch of the three shows on Star Plus, namely,
"Kyunkii... Saas Bhi Kabhi Bahu Thi", "Kahaani Ghar Ghar Kii" and "Kasautii
Zindagii Kay". Such was the popularity of their shows in 2002 that 22 out of
top 25 serials were produced by them. As a result Star TV(Newscorp), one of
the biggest media companies in the world acquired a 25.99% stake in the
company in 2005.
Even as they made rapid strides in the Hindi market they realised the
potential for the growing demand in regional content. Their first regional
program, Kudumbam was produced in 1998 by us and aired on Sun TV. This
laid the foundation for Balaji in becoming a prolific content producer down
Balaji Motion Pictures Ltd. (BMPL) is the youngest and fastest growing entity
in the Balaji fold and has become synonymous with commercial cutting edge
cinematic content supported by intensive and innovative marketing.
While Balaji Films Group was set up in 2001 and KyoKii... Main Jhuth Nahin
Bolta, (2001) was the first film produced , Balaji Motion Pictures Limited was
formally incorporated as a subsidiary on March 9, 2007. Today, with a
number of award- winning and acclaimed box office blockbusters, we have
firmly established our position among the top 5 Indian motion picture studios
in the business.
After the release of first film in 2001, we produced KucchToHai, Krishna
Cottage and Koi Aap Sa in 2003, 2004 and 2005 respectively. In 2005, they
produced and released Kyaa Kool Hai Hum which made it to the top three
films of 2005; and also pioneered the wave of adult comedies. In 2007,
Shootout at Lokhandwala co-produced with Sanjay Gupta was the first film
under the BMPL banner.The film was critically acclaimed as well as a
library, in future, would help them exploit old content on new and emerging
platforms as well.
ALT Entertainment
With four releases, 2011-12 saw the rapid emergence of Alt Entertainment,
its alternate brand, which stands for new-age cinema with alternate
sensibilities. Shor in the City, an urban drama, emerged as the most
acclaimed film of the year, while Ragini MMS, a paranormal thriller made on
a shoe-string budget was a big hit. Alts foray into regional cinema with its
maiden State Award-winning Marathi co- production, Taryanche Bait,
received an overwhelming response and set new box office records.
The year ended on a crescendo with the runaway success of The Dirty
Picture, one of the most acclaimed, celebrated and discussed films of Indian
cinema.
During FY 2014 Ek Thi Daayan and Ragini MMS2were launched from the ALT
stable.
Going forward ALT will continue in the space of commercial alternate cinema
while the parent brand will create and produce content aimed at a more
universal and mainstream audience. We believe that there is a tremendous
scope and demand for the cutting edge content produced by ALT given the
changing market landscape and audience profile and tastes.
CONCLUSION
Entrepreneurship among women, no doubt improves the wealth of the
nation in general and of the family in particular. Women today are more
willing to take up activities that were once considered the preserve of men,
and have proved that they are second to no one with respect to contribution
to the growth of the economy. Women entrepreneurship must be moulded
properly with entrepreneurial traits and skills to meet the changes in trends,
challenges global markets and also be competent enough to sustain and
strive for excellence in the entrepreneurial arena.
BIBLOGRAPHY
www.google.com
www.wikipedia.com
www.balajitelefilms.com
www.balajimotionpictures.com