Article

The Barriers that Hinder the Success of Women Entrepreneurs in Gauteng, South Africa

02/2012;

ABSTRACT

Women entrepreneurs in South Africa play a critical and important role in the economy of the country with regards to income and employment creation. Women have gained tremendously from national liberation and the disassembling of apartheid and have strategically advanced their rights and interests in society, yet they still face enormous barriers and are still discriminated and stereotyped. Although women account for more than half population, they are limited from the formal business environment. Their contribution in business is mainly located in areas of crafts, hawking, personal services and retail sectors. Access to finance; the regulatory environment; developmental opportunities; cultural and societal values; education and training; and family responsibility are the major challenges facing women entrepreneurs. Even though the above barriers are a challenge, women entrepreneurs have success factors which motivate them to continue with their businesses which include: profitability; social recognition; consumer satisfaction; diversification; flexibility; personal freedom; and security. Several studies around the world have shed light on challenges faced by women entrepreneurs but not much research has been conducted on the success factors that inspire women to remain in business. This study identifies the barriers and the success factors of women entrepreneurs in Gauteng, South Africa. One hundred and forty four respondents participated in this quantitative study by answering a questionnaire and the data was captured using the Statistical Package for Social Sciences programme. The empirical research methodology performed included descriptive statistics, factor analysis, correlation, and analysis of variance to identify the barriers that hinder start-up, management and growth of women entrepreneurs in Gauteng, South Africa.

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    • "Entrepreneurs are faced with many obstacles that limit their growth and survival (Nyamwanza, Mapetere, Mavhiki & Dzingirai 2012). In addition to this, women have to cope with negative prevailing social and cultural attitudes, lack of education and training, as well as gender discrimination (Akhalwaya & Havenga 2012). Even though the small business sector within the Gauteng province provides opportunities for existing entrepreneurs and for new venture creation, the question arises as to what barriers, problems, challenges and constraints women entrepreneurs encounter within the Gauteng province. "
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    ABSTRACT: In today’s post-modern era, the role of women entrepreneurs in economic development is inevitable and women are willing to take action in business and contribute to the nation’s growth. Women are stepping up to own and run businesses in numbers that would have been hard to imagine a mere few decades ago. However, women entrepreneurs face a wide variety of challenges both in starting and in growing their business ventures. The objective of this paper is to investigate the challenges women entrepreneurs face in the Gauteng province of South Africa. Exploring the challenges that women entrepreneurs face in South Africa, is of paramount interest to potential women entrepreneurs, researchers, the government of South Africa and other stakeholders. The paper used a qualitative research design using in-depth interviews and focus groups. The findings were that the challenges were identified as impediments to women entrepreneurs, which comprises lack of education and training, lack of access to finance, gender discrimination, negative attitudes and inadequate resources. Recommendations were made to women entrepreneurs, to the government of South Africa and other stakeholders. Lastly, limitations of this paper as well as future research directions were enunciated clearly.
    Full-text · Article · Nov 2015 · International Journal of Economics and Business Research
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    • "Entrepreneurs are faced with many obstacles that limit their growth and survival (Nyamwanza, Mapetere, Mavhiki & Dzingirai 2012). In addition to this, women have to cope with negative prevailing social and cultural attitudes, lack of education and training, as well as gender discrimination (Akhalwaya & Havenga 2012). Even though the small business sector within the Gauteng province provides opportunities for existing entrepreneurs and for new venture creation, the question arises as to what barriers, problems, challenges and constraints women entrepreneurs encounter within the Gauteng province. "
    [Show abstract] [Hide abstract]
    ABSTRACT: In today’s post-modern era, the role of women entrepreneurs in economic development is inevitable and women are willing to take action in business and contribute to the nation’s growth. Women are stepping up to own and run businesses in numbers that would have been hard to imagine a mere few decades ago. However, women entrepreneurs face a wide variety of challenges both in starting and in growing their business ventures. The objective of this paper is to investigate the challenges women entrepreneurs face in the Gauteng province of South Africa. Exploring the challenges that women entrepreneurs face in South Africa, is of paramount interest to potential women entrepreneurs, researchers, the government of South Africa and other stakeholders. The paper used a qualitative research design using in-depth interviews and focus groups. The findings were that the challenges were identified as impediments to women entrepreneurs, which comprises lack of education and training, lack of access to finance, gender discrimination, negative attitudes and inadequate resources. Recommendations were made to women entrepreneurs, to the government of South Africa and other stakeholders. Lastly, limitations of this paper as well as future research directions were enunciated
    Full-text · Article · Nov 2015 · International Journal of Economics and Business Research
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