Breaking the Barriers: Investigating the Crucial Role of Female Leaders in Overcoming Entrepreneurial Challenges

Abstract

Entrepreneurship is considered a crucial driver of economic growth, innovation, and job creation. However, female entrepreneurs have been historically underrepresented in the field. To address this issue, this study aimed to investigate the role of educated women's leadership in overcoming challenges in the entrepreneurial process. This study utilized a mixed methodology, combining qualitative and quantitative data from interviews and surveys of female entrepreneurs. The study found that educated women were more determined toward entrepreneurship and the entrepreneurial system than their male counterparts. However, female entrepreneurs face more challenges than men, including limited access to funding, networks, and markets. Despite these obstacles, the self-confidence and hard work of female entrepreneurs enabled them to initiate, manage and grow their businesses successfully. The findings of this study have important implications for various stakeholders. For new entrepreneurs, this study provides insights into the challenges and opportunities in entrepreneurship and the importance of self-confidence and hard work. For educational institutions, the study highlights the need to promote entrepreneurship education and training for women. Finally, for society as a whole, this study emphasizes the importance of supporting female entrepreneurs and their leadership in promoting economic growth and gender equality.