Women's Entrepreneurship: Is the Way of Managing Work-Life Balance with Employees

Abstract

Entrepreneurship has emerged as a global concept with the new phenomenon and is contributing to the economic development of the country. In India, entrepreneurship is considered as an employment opportunity for everyone and women are also in the race. Entrepreneurship in today's date not only remains' a men's bastion but now women are competing them for their self- esteem, independence, economic necessity and for society. With the upcoming of various government schemes, Entrepreneurship Development Program, Training, and Workshops women are coming forefront as indeed a multi-balancing nature and taking the advantage of entrepreneurship. Women as a successful entrepreneur are considered now an overburdened, unfit, and stressful like the person as the main problem facing for them is work-life balance (WLB). Women with taking new challenges, to balance family, business and employees they are stretching themselves at par for achieving their success in every field but with the poor work-life balance, they are finding it extremely difficult to compete in each and every area. This paper talks overall about major issues related to work-life scale with employees handling business under the leadership of women. A study of 80 women entrepreneurs working in various sectors was taken to find out the problem they are facing in work-life scale with respect to employees. A systematic stratified sampling was done to illustrate the work-life scale between starts up and established women and comparing women as a single and married. The generated data were subjected to standard statistical procedures, such as t-test of significance. Each of the statements possessed adequate reliability and validity. The present study would be helpful for management consultants, academicians, and women as an entrepreneur, human resource professionals to understand various WLB issues faced by Indian women entrepreneurs.