Effect of Demographic Variables on the Financial Success of Female Entrepreneurs in India

Abstract: Taking perspectives into consideration, discriminatory cultures generally tend to practice standards of living with relatively low poverty levels; consequently, their overall economic development happens to be slow. Hence, women's participation in entrepreneurship leveraging digital technology could be vital to the growth and development of the sector and consequently the economy at large. The research examines how demographic elements influence financial achievements among Indian women entrepreneurs in this context. A sample of 450 female entrepreneurs was chosen from the 9 strata, among which 50 women from each stratum were randomly picked for a practical random selection procedure. Out of the 450 sample, 400 women entrepreneurs were considered. The formulated hypothesis was tested using the Pearson Chi-square test. Findings indicated that demographic factors significantly influence the financial success of Indian women entrepreneurs. Keywords: Women Entrepreneurs, Demographic Factors, Discriminative Cultures, Random Selection Techniques JEL Classification Number: J16, M13, L26