A strengths-based approach to mentoring women entrepreneurs: how to free the strengths within them

Abstract

Entrepreneurship has been considered the route towards European recovery and growth. The contribution of female entrepreneurship is of utmost importance as women bring into business ventures attributes such as team spirit, synergy, intuition, multi-tasking, and social awareness, beneficial both for entrepreneurial advancement and society. However, women wishing to pursue or/and maintain a successful entrepreneurial path are still faced with a gender gap prevailing in entrepreneurial practice and culture. Despite an encouraging recent increase in the number of women entrepreneurs, their representation is still limited to about 30% of EU entrepreneurs. Mentoring is considered effective for personal and professional development of women entrepreneurs. It is realistic and adjustable to their true needs, expectations and business context. In a mentoring relationship of equality and trust, the mentor provides just-in-time knowledge and experience which support the woman entrepreneur in making decisions. The mentee learns from the mentor's experience and is more likely to transfer new learning on her business because it is more meaningful and necessary. Strengths-based mentoring can be a more effective and dynamic developmental process for women entrepreneurs. It enhances social interaction in which the mentor facilitates the mentee to discover her strengths and use them to achieve her goals. Being aware of her strengths, the mentee engages in self-reflection and evaluation and develops both personally and professionally. The mentor is instrumental in enabling her to discover her strengths, use them in her business and release her potential. This paper presents an innovative strengths-based approach, 'feel the mentoring ©