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Data collected from 51 countries shows a decline in entrepreneurial activity during the pandemic. This affects women more than men. One reason is because of the increased responsibility. This is the findings of Dr. Andrea North-Samardzic, Director of the Women's Entrepreneurship Research Alliance from Deakin University, Melbourne, Australia, as presented at the 2022 International Conference on Family Business and Entrepreneurship (ICFBE), Thursday (2/6), in Denpasar, Bali. According to North-Samardzic, women are more easily affected, but have a greater opportunity to develop and train resilience as long as they can see it as a challenge and an opportunity. "You have to be optimistic, because optimism is one of the keys to resilience," she stressed.
North-Samardzic added that in order for a business to survive it needs to be supported by the knowledge, skills and expertise in order to adapt to shocks and risks. For academics and researchers, North-Samardzic provides several suggestions, namely the need for further research, but more specifically research on resilience, as well as designing training and development programs for women entrepreneurs.,Women need to collaborate in order to overcome these problems.
Gerard H. Dericks, Ph. D. from Hawai'i Pacific University, Hawai'i, United States, discussed the phenomenon of entrepreneurs in general. According to him, someone wants to become an entrepreneur for residual claimants, has several income streams, and can do compounding. Dericks shares his tips for becoming a successful entrepreneur, namely finding the best thing to enjoy, then put in more effort, focus on only one business at one time, and stop working when the income from being an entrepreneur is three times higher than that of your as an employee. (Silvia Desi Betrice, PR team. Photo: Silvia)
