Effect Of Personal Factors In Enhancing Entrepreneurial Confidence And Success In The Young Women: A Quantitative Investigation

Abstract

Women entrepreneurship is a sector that has been growing exponentially across the globe. However, it’s been mostly seen
that the businesses which are owned by women often underperform and also have a high rate of closure and failure in
comparison to businesses owned by men. According to a recent report, approximately four out of ten women exit the
business at the very initial stage itself. However, certain factors impact the success of female entrepreneurs. These
investigations have discovered that emotionally supportive network, information base just as close to home direction were
the absolute most all-encompassing variables which affect the achievement of female business visionaries in these
economies. These investigations recognized the absolute most critical elements which sway the accomplishment of female
business people in arising economies like India. It will be very instrumental for giving bearings for the policymakers, ladies
business visionaries, and researchers to encourage a helpful climate to guarantee the achievement of the female business
people in the developing business sectors when the pace of disappointment is high. A sample of 225 young women was
surveyed to know the Personal Factors that enhances the Entrepreneurial Confidence and Success in the young women. It
is also found thatSupport system, Self Confidence, Need of Success and achievements and Risk Taking Abilities are the
Personal Factors and there is a significant impact of Personal Factors in enhancing Entrepreneurial Confidence and Success
in the young women.