opportunities in the global market for entrepreneurs final

8/8/2019 Opportunities in the Global Market for Entrepreneurs FINAL

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Presentation by Rajini Wood - AIBC


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More women than men engagingMore women than men engaging

in selfin self--employment in Australiaemployment in Australia..

Australian womenAustralian women

entrepreneurs haveentrepreneurs have

increasingly come fromincreasingly come from

business educationbusiness education

backgrounds compared tobackgrounds compared to

The predominantly liberalThe predominantly liberal

Arts backgroundsArts backgrounds

reported elsewhere.reported elsewhere.


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Australian Women EntrepreneursAustralian Women Entrepreneurs

In Australia, womenIn Australia, womenentrepreneurs areentrepreneurs are

moving away frommoving away fromtraditional 'femaletraditional 'femaleindustries' into sectorsindustries' into sectorsidentified as maleidentified as male

industries such asindustries such asmanufacturing, miningmanufacturing, miningbanking.banking.


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UN SurveyUN Survey Women in advanced market economies own moreWomen in advanced market economies own more

than 25% of all businessesthan 25% of all businesses

JapanJapan -- 23% of private firms are established by23% of private firms are established bywomenwomen

Russia

Russia -- women own 64% of firms employing 10women own 64% of firms employing 10people or morepeople or more

ChinaChina -- women founded 25% of the businesseswomen founded 25% of the businessessince 1978since 1978

GermanyGermany -- women have created onewomen have created one--third of thethird of thenew businesses since 1990 representing morenew businesses since 1990 representing morethan one million jobsthan one million jobs

EuropeEurope and Newly Independent States Transitionand Newly Independent States TransitionEconomiesEconomies -- women are 25% of the businesswomen are 25% of the business

ownersowners


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Women Entrepreneurial world So what makes a woman aSo what makes a woman a

successful entrepreneur?successful entrepreneur?

What differentiates her fromWhat differentiates her from

a struggling business owner?a struggling business owner?

And what traps does sheAnd what traps does sheneed to overcomeneed to overcome trapstraps

that are often specificallythat are often specificallyrelated to her gender?related to her gender?


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Money is goodMoney is good talk about it, borrowtalk about it, borrowit, control it, embraceitit, control it, embraceit

Womens mindset is different. Often ourWomens mindset is different. Often ourapproach is make a difference.approach is make a difference.

It can mean the focus is not on theIt can mean the focus is not on thebottom line nor on revenue.bottom line nor on revenue.

Rise and Fall of WomenRise and Fall of Women

EntrepreneursEntrepreneurs


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Rise and Fall of Women EntrepreneursRise and Fall of Women Entrepreneurs

Find time to capitaliseon eFind time to capitaliseon e--commercecommerce

Fight discrimination and bullyingFight discrimination and bullying

Make children part ofbiz planMake children part ofbiz plan

Pick businessesin high growthPick businessesin high growth

industriesindustries

Get toughwithstaff; they are not yourGet toughwithstaff; they are not yourfriendsfriends


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To 10 Australian WomenTo 10 Australian Women

Entrepreneurs 2009Entrepreneurs 2009

Jan CameronJan Cameron Retail AdventureRetail Adventure $1B$1B

NaomiNaomi MilgromMilgrom Susan GroupSusan Group $496M$496M

Julia RossJulia Ross RossRoss Human DirHuman Dir $392M$392M

Maxine HornMaxine Horn Vita GroupVita Group $296M$296M Charlotte VidorCharlotte Vidor TogaToga GropGrop $285M$285M

IrisIris LustigLustig MoarMoar Lustig&MoarLustig&Moar $154M$154M

Janine EllisJanine Ellis Boost JuiceBoost Juice $143M$143M Theresa ReinTheresa Rein IgneusIgneus $120M$120M

Gina RinehartGina Rinehart Hancock specHancock spec $100M$100M

Diana WilliamsDiana Williams FernwoodFernwood $ 88M$ 88M


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Successful EntrepreneurshipSuccessful Entrepreneurship

Think SuccessThink Success

Be passionate about what youBe passionate about what youdodo

Focus on your strengthsFocus on your strengths Never consider the possibilityNever consider the possibility

of failureof failure

Plan AccordinglyPlan Accordingly

Work hardWork hard Constantly look for ways toConstantly look for ways to

networknetwork

Discipline yourselfDiscipline yourself


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Global OpportunitiesGlobal Opportunities -- AustraliaAustralia


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Global OpportunitiesGlobal Opportunities

Exploring Government SourcesExploring Government Sources Seeking their assistanceSeeking their assistance

Support Organizations & ProfessionalSupport Organizations & Professional

Associations forAssociations for EntrepreneursEntrepreneurs

Women EntrepreneursWomen Entrepreneurs (FWE). FWE is a service(FWE). FWE is a serviceorganizationorganization forfor ......

http://entrepreneurs.about.com/od/associations/http://entrepreneurs.about.com/od/associations/Support_Organizations_AssociationsSupport_Organizations_Associations..


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Global Associations & opportunitiesGlobal Associations & opportunities

Asian BusinessWomen - 10 Resources for AsianWomen inBusiness The following are ten great resources for Asianwomen entrepreneurs. ... A membership basedorganization, AsianWomen In Business (AWIB) was foundedin 1995. ... on the positive impact of Asian people in the U.S. aswell as globally . ...http://womeninbusiness.about.com/od/minoritybusinessresources/tp/asian-wib-resources.htm

Women in Business - Women Owned Businesses Nov 26,

2010 ... Women in Business (WIB) - Resources for womenbusiness owners and women ... Start-up business ideas,resources, and business information for womenentrepreneurs. ... News - Reviews - Interviews GlobalWomen in Business ...http://womeninbusiness.about.com/


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AustradeAustrade office in Indiaoffice in India

DelhiDelhi Australian EmbassyAustralian Embassy

MumbaiMumbai AustradeAustrade/AEI/AEI

MrMr AKAK TareenTareen Senior TradeSenior TradeCommissioner for South Australia inCommissioner for South Australia in

India who can help you to link upIndia who can help you to link upwith business opportunities andwith business opportunities andpotential partnerspotential partners

Cricos Provider No 02914GCricos Provider No 02914G --ICHMICHM


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Entrepreneurial Entry into the Global marketEntrepreneurial Entry into the Global market

Government PolicyGovernment Policy

Country, culture, labourCountry, culture, labour

RiskRisk

Demand & supplyDemand & supply

DemographicsDemographics age, sex,age, sex,social, consumer pattern,social, consumer pattern,lifestylelifestyle

Technological environmentTechnological environment

Market implicationsMarket implications characteristics, institutions,characteristics, institutions,industry conditions, legalindustry conditions, legal

and Politicaland Political


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The research, from theThe research, from the

University of Western AustraliaU

niversity of Western Australia The research says that too much timeThe research says that too much time

spent networking with family and friendsspent networking with family and friendsis likely to be counteris likely to be counter--productive.productive.

Gender Networking Differences and itsGender Networking Differences and itsassociation with firm performance,association with firm performance,

concludes that entrepreneurs need toconcludes that entrepreneurs need tomonitor the resources they devote tomonitor the resources they devote tonetworking so the benefits they receivenetworking so the benefits they receiveexceed the costs.exceed the costs.


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Art ofNetworkingArt ofNetworking

Asset ofAsset of

NetworkingNetworking

CreatingCreating

opportunitiesopportunities


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AIBC its role and the GovtAIBC its role and the Govt

Creating opportunitiesCreating opportunitieswith SA governmentwith SA governmentand the worldand the world

Acting as the linkActing as the link

Business MatchingBusiness Matching

Facilitating TradeFacilitating TradeMissionsMissions

Business GrantsBusiness Grants


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AusAidAusAid funding grantsfunding grants

Grants and fundingGrants and funding -- Regional EntryRegional EntryPointPoint

28 Aug 200628 Aug 2006 ...... AusAID, theAusAID, theAustralianAustralian

Agency for International Development,Agency for International Development, ......that assiststhat assistsAustralia'sAustralia's talentedtalentedresearchers andresearchers and entrepreneursentrepreneurs ........

TradeConnect (TCon) assists ACTTradeConnect (TCon) assists ACTcompanies buildcompanies build global opportunitiesglobal opportunities andandenhance personal and business profileenhance personal and business profile

Cricos Provider No 02914GCricos Provider No 02914G --ICHMICHM


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My business storyMy business story

Event ManagementEvent Management

Corporate PartnershipsCorporate Partnerships

Business DevelopmentBusiness Development


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ResearchResearch weblinksweblinks

International Trade Administration'swebsite.

www.smartcompany.com.auentrepreneurs/20100304-female-entrepreneurs.html

Austrade www.austrade.gov.au

opportunities in the global market for entrepreneurs final

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