In the face of adversity, resilience and determination often shine the brightest. This is especially true for Australian Indigenous female entrepreneurs (AIFEs), whose entrepreneurial journeys are characterised by unique challenges and achievements. A recent study published in the Journal of Business Research (ABDC A, Q1) by Jane Menzies, Meena Chavan, Robert Jack, Simona Scarparo and Francesco Chirico looks at the role of the Adversity Quotient (AQ) in shaping these entrepreneurs' paths.

Adversity Quotient (AQ) refers to an individual's ability to deal with adverse situations. If someone, has high levels of AQ, they are more likely to be able to deal with difficult situations in the future. Resilience and perseverance are important traits for anyone navigating the entrepreneurial landscape. For AIFEs, AQ is not just a concept but a lived reality, as they often face multiple layers of adversity stemming from both their gender and cultural backgrounds.

The researchers interviewed 18 successful AIFEs, and found that AIFEs encounter a variety of adversities, including but not limited to socio-economic challenges, cultural barriers, and gender discrimination. These challenges are intertwined with their identities as Indigenous women, making their entrepreneurial journeys particularly difficult. In the ability to deal with these adversities, AQ plays a pivotal role in their entrepreneurial success. AIFEs who exhibit high AQ can turn obstacles into opportunities for growth and development through endurance, control and persistence. They demonstrate a strong sense of ownership over their personal and professional destinies. This proactive attitude allows them to improve their circumstances and drive their businesses forward. The findings of this study have important implications for policymakers and practitioners aiming to support Indigenous entrepreneurship. By understanding the specific adversities faced by AIFEs and the role of AQ, targeted support programs can be developed to promote resilience and provide the necessary resources to help these entrepreneurs thrive.

The journey of Australian Indigenous female entrepreneurs is a testament to the power of resilience and the human spirit. Despite facing numerous adversities, these women demonstrate that with a high Adversity Quotient, it is possible to turn challenges into stepping stones for success.