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Investing in Women The Way Forward Towards Socio- economic Progress By Shahreen Kamaluddin _______________________________________ Adjunct Professor + Industry Advisor at Limkokwing University of Creative Technology
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My Approach To this Subject Global environment for women entrepreneurship Barriers to women entrepreneurship Why invest in women? Way forward Options open to women The mindset for entrepreneurial success My story
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Global environment - Barriers to Women Entrepreneurship Socio-economic diversity affects the types of constraints women entrepreneurs face in starting, operating, and growing their businesses Limited access to land and capital Complex + costly procedures for opening + closing businesses
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Global environment - Barriers to Women Entrepreneurship Limited influence on policy formation Constraints on business expansion – lack of business/managerial training, technical support, family responsibilities, limited presence of support organizations Laws, institutions, culture, and norms shape entrepreneurial processes and outcomes for women
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Why Invest in Women? Women form more than 50% of world’s productive workforce Where there is gender equality and growth – there is an increase in national production levels and earnings - higher economic growth Working women have greater control of family resources, invest more resources in their children’s health and education, thus passing the benefits on to future generations
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Educate women and service providers about women’s rights. Strengthen women’s business associations Amend inheritance and matrimonial laws to allow women to own, transfer, and use land as collateral; joint titling(Vietnam) Way Forward External changes + improvements needed
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Provide for business / managerial training + technical support Improve access to credit/ and customized credit products (Philippines) Provide reliable + affordable child-care facilities Way Forward External changes + improvements needed
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Options Open To Women to change circumstances – use your voice to advocate change and reform change the way you look at current circumstances; circumvent the obstacles – franchising, single entrepreneur, home-based entrepreneurship change the way you look at yourself - be totally self-reliant
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The Mindset for Entrepreneurial Success Invest in yourself – self-improvement plan Develop a positive mental attitude Believe in yourself Be self-reliant – look within and tap all your creative resources You are not alone – you have divine help The RAS (recticular activating system) is your Genie – command it accurately
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It believes whatever messages you give it – positive or negative, it will carry them out for you Commit to a new goal and the RAS will help you focus only on the right action
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The Mindset for Entrepreneurial Success Know what you want Know why you want it Believe that it is possible to have what you want
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The Mindset for Entrepreneurial Success Write down your goal in great detail Focus on what you want, not on what you don’t want See the goal achieved in your mind (creative visualization) Pursue a definite plan of action
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The Mindset for Entrepreneurial Success Get excited about the goal Recite positive affirmations throughout the day Today is the beginning of my amazing fortune. I am attracting all the help that I need to succeed I am destined for success All my decisions turn out for the best Everyday, in everyway, I am becoming happier, healthier and wealthier
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The Mindset for Entrepreneurial Success Believe without a doubt you will achieve your goal Believe you deserve to get what you want Love, value, respect and honor yourself always
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The Mindset for Entrepreneurial Success “ If it is to be, it is up to me” The future is created in the present NOW is the time
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My Story Changed the way I looked at my circumstances Circumvented the obstacles Changed the way I looked at myself Believed in myself and decided to do it my way Decided to be totally self-reliant Tapped into all my talents + resources Invested in myself – self-improvement plan Reinvented myself along the way I am enjoying the ride
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MAKE ALL YOUR DREAMS COME TRUE!
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