Empowering women entrepreneurs: Exploring the relationship between self efficacy, business success and quality of life

Abstract

Examining women entrepreneurs' occupational self-efficacy and quality of life in connection to handling business challenges is crucial to understanding their overall well-being. Through illuminating the factors influencing their performance, this research can offer valuable insights for creating support networks tailored to enhance professional efficacy and personal fulfilment, ultimately fostering sustainable entrepreneurship. In order to evaluate the factors, 200 female entrepreneurs took part in the study. The following techniques were used: The occupational self-efficacy scale and the WHO QOL. The results showed a strong correlation among self-efficacy and quality of life. It has limited sample size and the geographical area is also restricted. Implication is for both economic development and societal progress and for the perceptions of the society. This paper provides its input to the literature by exploring the relationship among self-efficacy, business success and quality of life.