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Welcome to Virtus Social Media www.virtussocialmedia.com
Women Entrepreneurs  The challenges that they face and how to overcome them. Presented By: Virtus Social Media www.virtussocialmedia.com
Entrepreneurship – Think about it!  “Entrepreneurship is living a few years of your life like most people won't, so that you can spend the rest of your life like most people can't.”       Struggle is an inevitable part of an entrepreneur’s journey. That is why venture capitalists have coined the term “sweat equity”- the ownership that comes with the sweat of your eyebrows.       For a woman, there could be several challenges hindering her way up the business ladder – Can you name a few? Social    Economic       As an entrepreneur, you will realize that there       would be no less stones and boulders blocking your path! www.virtussocialmedia.com
Why To Be An Entrepreneur There are an estimated 6.7 billion people     on our planet. 1/3 rd of the huge population live in India and China. There are over 462 million people below the age of 15 who will want a job soon. Entrepreneurs create jobs – provide people with livelihood. Without a livelihood, everyone would be living a direction-less life. www.virtussocialmedia.com
Are You Ready For It  Check if these are your reasons for starting  a business, you might want to think again! ,[object Object]
“Time is running out! I need to do something, probably my own  business!”
“I have a great group of friends and we have a lovely idea; let’s start a business!”NO, these are not ample reasons to dive in. “Building a company is not like planning one giant tree; It is about creating an entire forest someday.” – SubrataBagchi   www.virtussocialmedia.com
Do you know who they are www.virtussocialmedia.com
Oseola McCarty Oseola McCarty was a local washerwoman in Hattiesburg, Mississippi who is known for being the most famous benefactor of The University of Southern Mississippi.       McCarty’s great deeds came into limelight after it was announced in July 1995 that she had established a trust through which, at her death, a portion of her life’s savings would be left to the university to provide scholarships for deserving students in need of financial assistance. The amount was estimated at $150,000, a surprising amount given her menial occupation.       Her story inspires everyone to learn the simple qualities of leadership. Entrepreneurship is not about starting a new business, it is about creating a legacy and an instance for others to follow. She created such wealth amidst the toughest of situations, for the benefit of the following generation. www.virtussocialmedia.com
Dr. Kiran Mazumdar Shaw Entrepreneur Dr. KiranMazumdar‐Shaw, Chairman &  Managing Director of Biocon Ltd. She was educated at  the Bishop Cotton Girls School and Mount Carmel College in Bangalore. She founded Biocon India with a capital  of Rs.10,000 in her garage in 1978.  The initial operation was to extract an enzyme from papaya.        Her application for loans were turned down by banks for three reasons- biotechnology was then not popular, the company lacked assets, and (most importantly) women entrepreneurs were a rarity then. Today, her company is the biggest biopharmaceutical firm in the country. www.virtussocialmedia.com
Simone Tata  With her visions, she changed a small unknown cosmetics  company, one of the subsidiaries of Tata Oil Mills, into one of the leading cosmetic companies of India. Lakmé changed the face of Indian fashion and cosmetics forever. For her success, Simone N. Tata is also known as Cosmetic Czarina of India.  Simone joined Lakmé in 1961 and became Chairperson in 1982. Eyeing growth in the retails sector, in 1996 Tata sold off Lakmé to Hindustan Lever Limited (HLL), and created Trent from the money it made through the sale. All shareholders of Lakmé were given, equivalent share in Trent. The Westside brand and stores belongs to Trent. www.virtussocialmedia.com
IndraNooyi Indian born American businesswoman, Indra Krishnamurthy Nooyi is the Chairperson and Chief Executive Officer (CEO) of PepsiCo,  one of the world's leading food and beverage companies.  Nooyi joined PepsiCo in 1994 and was named president and CFO in 2001. Nooyi has directed the company's global strategy for more than decade and led PepsiCo's restructuring, including the 1997 divestiture of its restaurants into Tricon, now known as Yum! Brands. Nooyi also took the lead in the acquisition of Tropicana in 1998, and merger with Quaker Oats Company, which also brought Gatorade to PepsiCo. In 2007 she became the fifth CEO in PepsiCo's 44‐year history. Nooyi was named on Wall Street Journal’s list of 50 women to watch in 2007 and 2008, and was listed among Time's 100 Most Influential People in The World in 2007 and 2008. Nooyi has been named 2009 CEO of the Year by the Global Supply Chain Leaders Group (GSCLG). www.virtussocialmedia.com
You couldbe the next!Ask yourself a few questions: Did you take important decisions in your      life or did someone else decide for you? Did your enjoy it irrespective of the outcome? Can you make friends with a stranger? Are you comfortable talking  about yourself? Does buying and selling excite you? Do you love money? Do you love seeing things to completion? Do you like to do what you love? www.virtussocialmedia.com

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Entrepreneurship For Women

  • 1. Welcome to Virtus Social Media www.virtussocialmedia.com
  • 2. Women Entrepreneurs The challenges that they face and how to overcome them. Presented By: Virtus Social Media www.virtussocialmedia.com
  • 3. Entrepreneurship – Think about it! “Entrepreneurship is living a few years of your life like most people won't, so that you can spend the rest of your life like most people can't.” Struggle is an inevitable part of an entrepreneur’s journey. That is why venture capitalists have coined the term “sweat equity”- the ownership that comes with the sweat of your eyebrows. For a woman, there could be several challenges hindering her way up the business ladder – Can you name a few? Social Economic As an entrepreneur, you will realize that there would be no less stones and boulders blocking your path! www.virtussocialmedia.com
  • 4. Why To Be An Entrepreneur There are an estimated 6.7 billion people on our planet. 1/3 rd of the huge population live in India and China. There are over 462 million people below the age of 15 who will want a job soon. Entrepreneurs create jobs – provide people with livelihood. Without a livelihood, everyone would be living a direction-less life. www.virtussocialmedia.com
  • 5.
  • 6. “Time is running out! I need to do something, probably my own business!”
  • 7. “I have a great group of friends and we have a lovely idea; let’s start a business!”NO, these are not ample reasons to dive in. “Building a company is not like planning one giant tree; It is about creating an entire forest someday.” – SubrataBagchi   www.virtussocialmedia.com
  • 8. Do you know who they are www.virtussocialmedia.com
  • 9. Oseola McCarty Oseola McCarty was a local washerwoman in Hattiesburg, Mississippi who is known for being the most famous benefactor of The University of Southern Mississippi. McCarty’s great deeds came into limelight after it was announced in July 1995 that she had established a trust through which, at her death, a portion of her life’s savings would be left to the university to provide scholarships for deserving students in need of financial assistance. The amount was estimated at $150,000, a surprising amount given her menial occupation. Her story inspires everyone to learn the simple qualities of leadership. Entrepreneurship is not about starting a new business, it is about creating a legacy and an instance for others to follow. She created such wealth amidst the toughest of situations, for the benefit of the following generation. www.virtussocialmedia.com
  • 10. Dr. Kiran Mazumdar Shaw Entrepreneur Dr. KiranMazumdar‐Shaw, Chairman & Managing Director of Biocon Ltd. She was educated at the Bishop Cotton Girls School and Mount Carmel College in Bangalore. She founded Biocon India with a capital of Rs.10,000 in her garage in 1978. The initial operation was to extract an enzyme from papaya. Her application for loans were turned down by banks for three reasons- biotechnology was then not popular, the company lacked assets, and (most importantly) women entrepreneurs were a rarity then. Today, her company is the biggest biopharmaceutical firm in the country. www.virtussocialmedia.com
  • 11. Simone Tata With her visions, she changed a small unknown cosmetics company, one of the subsidiaries of Tata Oil Mills, into one of the leading cosmetic companies of India. Lakmé changed the face of Indian fashion and cosmetics forever. For her success, Simone N. Tata is also known as Cosmetic Czarina of India. Simone joined Lakmé in 1961 and became Chairperson in 1982. Eyeing growth in the retails sector, in 1996 Tata sold off Lakmé to Hindustan Lever Limited (HLL), and created Trent from the money it made through the sale. All shareholders of Lakmé were given, equivalent share in Trent. The Westside brand and stores belongs to Trent. www.virtussocialmedia.com
  • 12. IndraNooyi Indian born American businesswoman, Indra Krishnamurthy Nooyi is the Chairperson and Chief Executive Officer (CEO) of PepsiCo, one of the world's leading food and beverage companies. Nooyi joined PepsiCo in 1994 and was named president and CFO in 2001. Nooyi has directed the company's global strategy for more than decade and led PepsiCo's restructuring, including the 1997 divestiture of its restaurants into Tricon, now known as Yum! Brands. Nooyi also took the lead in the acquisition of Tropicana in 1998, and merger with Quaker Oats Company, which also brought Gatorade to PepsiCo. In 2007 she became the fifth CEO in PepsiCo's 44‐year history. Nooyi was named on Wall Street Journal’s list of 50 women to watch in 2007 and 2008, and was listed among Time's 100 Most Influential People in The World in 2007 and 2008. Nooyi has been named 2009 CEO of the Year by the Global Supply Chain Leaders Group (GSCLG). www.virtussocialmedia.com
  • 13. You couldbe the next!Ask yourself a few questions: Did you take important decisions in your life or did someone else decide for you? Did your enjoy it irrespective of the outcome? Can you make friends with a stranger? Are you comfortable talking about yourself? Does buying and selling excite you? Do you love money? Do you love seeing things to completion? Do you like to do what you love? www.virtussocialmedia.com
  • 14. And Finally… Did you actually go through a presentation or listen to someone’s experience before you fell in love? A romantic book might have helped in some way, but your decision did not depend on the book’s content. No amount of discussion would help you know ‘love’ more than your falling in it! My tips can help you get an idea before you start your own venture, but the actual experience is on enactment. So go, and just do it! www.virtussocialmedia.com
  • 15. Thank You www.virtussocialmedia.com