Overcome Your Fears and Become an Entrepreneur




Women often don't think they are capable of launching their own businesses, which is one reason there are significantly fewer female entrepreneurs than male entrepreneurs, according to the Global Entrepreneurship Monitor 2012 Women's Report.

The seven economies where there are as many or more women as men entrepreneurs are Panama, Thailand, Ghana, Ecuador, Nigeria, Mexico and Uganda, the report says.
In all parts of the world, women entrepreneurs are more likely to run businesses that work directly with the consumer, like retail businesses, the GEM data shows.


Even while more than 126 million female entrepreneurs were either starting or running new businesses in 2012 in the 67 countries measured, they are less confident about their abilities than men. In every economy studied, women reported lower perceptions of their entrepreneurial capabilities than men did, the report finds. Women in developed regions of Asia show the lowest levels of confidence in their abilities. Only 5 percent of women surveyed in Japan say they have the skills necessary to start their own business.




Meanwhile, the women in sub-Saharan Africa showed much greater confidence in their entrepreneurship capabilities. Four out of five women in Zambia, Malawi, Ghana, Uganda and Nigeria say they have the skills necessary to start their own business. Part of the higher levels of confidence in sub-Saharan Africa is because almost 60 percent of women know other women entrepreneurs. 


In every region, women report being more afraid of failure on average than their male counterparts, the report says. The fear of failure is linked to their lower rates of entrepreneurship because of the inherent risk of starting your own business. "When a woman has a choice between being an employee, especially when this is associated with an attractive salary, job stability, good benefits and even high social approval, she is taking a greater risk in entering entrepreneurship; she has to forego this opportunity in order to be an entrepreneur.

I SAY OVERCOME YOUR FEAR AND TAKE THAT STEP TO BE FREE OF THE RAT RACE & BE AN ENTREPRENEUR!!!!!!

The Benefits outweigh the risks by Far.