National Women’s Day 2024: Financial Wisdom from Female Entrepreneurs

February 13 marks National Women's Day in India, a day celebrated in honor of the influential Sarojini Naidu, known as ‘The Nightingale of India’. Women across the country take this day to reflect on empowerment, leadership, and progress in various fields.

As part of this celebration, prominent female entrepreneurs shared valuable financial insights. Rachna Baruah, the Founder of Madchatter Brand Solutions, emphasized the importance of consistency in savings. She highlighted how even small regular investments can compound over time and lead to significant financial gains.

Baruah also stressed the significance of maintaining a long-term perspective in financial planning. According to her, strategic fund allocation and effective working capital management are key for building sustainable wealth. Taking calculated risks, in her view, is a pathway to growth and financial wisdom.

Preety Singh, Co-Founder and Managing Director of Boomlet Group, echoed similar sentiments about the value of strategic fund allocation and embracing risks. Singh emphasized the need for effective working capital management to unlock long-term benefits and financial insights.

Megha Chopra, an Entrepreneur and Poet, underlined the necessity of financial literacy for entrepreneurs. Understanding investment complexities, budgeting, and cash flow management can be crucial for making informed financial decisions, especially in the business realm.

This Women’s Day, let’s celebrate the financial wisdom shared by these inspiring women entrepreneurs, drawing lessons that can benefit individuals and businesses alike. Their insights remind us of the resilience, determination, and foresight that women bring to the financial landscape.