Woman's Month

Women in small business and entrepreneurship

In the past four decades we have seen women rise from all sorts of exclusion, we have and still are seeing more women engage or rather take leadership positions. They are taking up careers that were dominated by men. There has also been an increase in the number of ownership in small business by women; this is a result of the increase inclusion of women in the education and training, policies like the BEE and other women empowerment programs.

At Veno group we are happy to be celebrating women’s month with you. We will therefore be sharing some insights on how we women rock business. I however have to state how disappointed I am in the number of young women who own their businesses where I reside. I wanted to feature them on the blog but I tried engaging some and the response was negative. I still urge more women to start their own businesses.

Innovate and add value.

Comments

Supply

Supply- supply is the amount of a resource that firms, producers, labourers, providers of financial assets, or other economic agents are willing and able to provide to the marketplace or to an individual. Supply can be in produced goods, labour time, raw materials, or any other scarce or valuable object ( WikiPedia) I found this topic to be of great interest in a sense that one can be in and out of business because of a supplier. Demand and supply makes up the foundation of an economy. In business we can have an obstacle of a supplier. Recently I have halted selling a product due to a problem I had with a supplier. The supplier ran out of business and it was difficult to even find another supplier nearby. A supplier can increase prices meaning you also have to increase your prices. This seems simple but it tends to be difficult to maintain one’s clientele in such a situation. This problem of suppliers come with the risk of running a business, one must always be on the look...

Physical efforts

Taking care of your health. When you are in business you are taking care of alot of things and people. One must be both mentally and physically fit to exercise such responsibility. Reading is an exercise for the mind and working out or running is for the body. Business is about trust and how do you trust someone who looks like they are about to give birth? That is unhealthy. Heath concerns me alot and people need to educate themselves about the kind of food they need to eat. A healthy individual will run a healthy business. Physically appearance is everything especially in the service sector. Therefore, be neat, healthy and fit. Exercising for an hour a day will make a whole difference in your life and your business. Develop that mind

Failure

One thing I have been experiencing in my business is failure . This has been very difficult and as we know that most start ups fail in the first 5 years. However with all these adversities I am still consistent is everything I am doing. This year so far has been a complete failure. I am learning that a business is like a baby. you carry it for months, feed it, dress it, teach it to crawl and walk . Then you have to take baby steps with it. It is not over until the fat lady sings. Innovate and add Value

Rural Business

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