I am a big fan of women entrepreneurs and was interviewed recently by a not-for-profit organization: Foundation for Young Women Entrepreneurs (based in Warsaw in Poland) and Young Women Entrepreneurs Association (based in Milan, Italy)
The purpose is to accelerate the growth and internationalization of women-owned companies. YWEA is a platform to facilitate creation of new business, cross-border and cross-industry partnerships between young female entrepreneurs across the world, promote exchanges of international best practices and success stories.
Kindly appreicate Joanna Musialik for interviewing me:
Q: What is the perception of entrepreneurship among young women in China?
A: Increasingly popular. The reward to risk ratio for entrepreneurship in china is high. The majority of female entrepreneurs I have met are skilled at marketing, sales and business development. They just need to be given he right opportunities ( and culturally, supportive husbands and familites)
Q: What challenges do young Chinese female entrepreneurs face in starting up? (for ex. vs Western women)
A: Lack of an old girls club to tap on as brain trust and business partners
Q: What are the limitations and opportunities of internationalization of young women-owned businesses?
A: Most are still china focused and few have scaled internationally, mainly due to lack of international exposure. There are increasing number of well exposed Chinese but his will take time.
q; Do you observe some differences in managing innovation between Chinese and Western female entrepreneurs? (for ex. in tech sector: Chinese Silicon Valley vs American Silicon Valley).
A: Western advocates delegation and empowerment, if you do that in china, you will see little fiefdoms with their respective chiefs, with some spinning off to start their own enterprises
Q; Examples of innovative and successful young women-owned companies in China.
A: Grace vineyard. Whatever traditional chinese wine companies, grace vineyard avoids.
Q: Do you have some examples of joint venture between women-owned Chinese and italian companies?
A: Not specifically – but I see a growing a trend of Wenzhou entrepreneurs tapping on Italian design and localizing in china with great success
- 10 Reasons Why Women Make Better Entrepreneurs (myventurepad.com)
- Female entrepreneurs ‘have guarded optimism’ (premierlinedirect.co.uk)
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