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Global Businesswomen Succeed in Breaking Obstacles of Discrimination

Many women have succeeded in breaking the obstacles of discrimination to become what they are today with the help of their positive attitude, undying spirit, smarts, and perseverance. Yet, every entrepreneur has a very different outlook on entrepreneurship.

From India’s best women entrepreneurs such as Kiran Majumdar, Chairperson and Managing Director of Biocon Limited to CEOs like Indra Nooyi (pictured) of Pepsico, women have forayed into almost every field to work shoulder to shoulder with men, setting new benchmarks in their respective streams.

Take Indra Nooyi’s quote:

“Most companies target women as end users, but few are effectively utilizing female employees when it comes to innovating for female consumers. When women are empowered in the design and innovation process, the likelihood of success in the marketplace improves by 144%!” — Chairman and CEO, Indra Nooyi, Pepsico

Entrepreneur India lists nine famous quotes from India women entrepreneurs. These are worth a read for a healthy dose of inspiration.

Female Entrepreneurs Are About to Transform the Global Economy

Published July 8, 2017 Finance , Gender challenges , global women entrepreneurs Leave a Comment
Tags: global businesses, helping women globally, transform the global economy, Women Entrepreneurs Finance Initiative, World Bank

The World Bank (WB) unveiled a new program, the Women Entrepreneurs Finance Initiative, that is designed to boost women entrepreneurs in developing countries and fight the norms that hold them back, such as uneven access to loans and shaky property rights. WB has raised $325 million from numerous countries, with $50 million coming from the United States and other contributions from Germany, Saudi Arabia, the United Arab Emirates, Japan, China, the United Kingdom, South Korea, and the Netherlands.

Less than a third of global businesses are owned by women, and the initiative aims to grow women-run enterprises across Africa, Latin America and the Middle East. It will also help facilitate loans to entrepreneurs, ranging in size from between a few hundred dollars to several hundred thousand dollars, depending on the applicant’s needs. World Bank officials said they hope to make the capital available later this year or in early 2018.

We cheer on the WB because it has a long history of providing support to women who are challenged by economic disadvantages. For example, they launched the Women’s Leadership in Small and Medium Enterprises (WLSME) program, supported by the U.S. Agency for International Development (USAID).

Read more about how the WB will help women globally to reach their full potential here.

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Note: Don’t miss our next WEGGinar™ 7/12/17 on “How to Finance Your Exports,” and presented by Xiomara Creque-Bromberg, Export Finance Manager, Minority and Women Owned Business & Multiplier Outreach Division, Office of Small Business, Export-Import Bank of the United States. Register here: https://register.gotowebinar.com/register/4467897765873413377.
Event is no charge but you must register in advance to attend.
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Helping Young Girls, Women Entrepreneurs, and Business Owners Take on the World

Published July 2, 2017 Equality , Gender challenges , Young entrepreneurship Leave a Comment
Tags: give her the confidence, push boundaries, rock the boat, shake things up, take on the world, young girls become strong

At WEGG, we are all about educating women entrepreneurs and business owners on how to go global but we also are fearless in helping young girls become strong and take on the world too.

We believe that it is at a young age when girls develop confidence and the ability, through encouragement, to speak up and demand what she wants in life.

We are a strong proponent of encouraging young girls to take risks — push boundaries, color outside the box, rock the boat — early on, so they can get comfortable with the possibility of failing, recovering fast, and not being perfect at everything.

These characteristics toughen a young girl and give her the confidence she needs to start a business, go places, shake things up a bit, and take on the world.

Investing in Women-Owned Businesses Will Enhance Africa’s Productivity

Published June 25, 2017 Barriers to trade , Country specific , Economic growth , Education , Equality , Gender challenges Leave a Comment
Tags: Africa, boost economic growth, enhance Africa's productivity, women's empowerment, women-owned businesses

It is the objective of Synergy Systems Consults (UK) Limited, a company that specialises in promoting and identifying partnership and investment opportunities within Africa, to influence dynamic changes in terms of exporting international expertise that will enhance productivity in Africa. For example, the Association of Certified Protocol Practitioners in Nigeria (ACPPN) is a non-profit and non-governmental organization aimed at promoting and raising the standards of protocol practice in Nigeria and sharing best practices globally.

Another initiative is the empowerment of women, which has a great potential to boost economic growth and facilitate the goal of an inclusive sustainable development throughout Africa. Social, cultural, legal and gender specific barriers tend to deprive women of engaging in specific industry supply chains. There is a need to promote the successes and transformative framework for women that will eliminate barriers and build stronger economies.

Investing in women-owned business and assimilating them into corporate supply chains can also contribute significantly to the world’s economy. Today’s economy records less than one per cent of spending by large businesses on suppliers as produced by women-owned business, generating new employment opportunities and so on.

To strengthen competitiveness, a country must focus on women’s empowerment to achieve an innovative and growth-oriented environment.

The Story of Happy Beginnings: Women Entrepreneurs

Published June 10, 2017 Enlighten Me! , Equality , Gender challenges , global women entrepreneurs , Innovation , Mentoring (Peer to peer) , Networking Leave a Comment
Tags: diversity in innovation, empowering equality, fear of failure, gender differences, happy beginnings, optimism and self-confidence, start a business, women entrepreneurs

In this post we focus on: Why women don’t see themselves as entrepreneurs; five challenges faced by women entrepreneurs; gender differences in perceptions and propensity to start a business; and, diversity in innovation. It’s really a story of happy beginnings about and for women entrepreneurs. Read on.

1. Why women Don’t See Themselves as Entrepreneurs (The New York Times)

This article addresses why don’t more women become entrepreneurs?

Key point at the end:

She [Sheila Lirio Marcelo, the founder of Care.com] also advised women to develop thicker skin. “Men tend to shake off rejection more quickly than women,” she said, “but it’s absolutely true that entrepreneurs are made or broken by how they bounce back from adversity.”

2. Empowering Equality: 5 Challenges Faced by Women Entrepreneurs

This article focuses on what holds women entrepreneurs back? Why are women-owned firms less likely to also be growth-oriented firms?

3. Seeing the World with Different Eyes: Gender Differences in Perceptions and the Propensity to Start a Business

Across countries, women own significantly fewer businesses than do men. The authors in this paper show that this is due primarily to the fact that “the propensity to start businesses of women is significantly lower than that of men. The lower propensity of women, in turn, appears to be highly correlated to women’s lower average levels of optimism and self-confidence, and higher fear of failure.”

4. Diversity in Innovation – Working Paper (Harvard Business School)

In this paper, the authors document the patterns of labor market participation by women and ethnic minorities in venture capital firms and as founders of venture capital-backed startups.

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Ladies: The Future Belongs to Us

Published March 25, 2017 Gender challenges Leave a Comment
Tags: feminist movement, future is female, intersectionality, the future belongs to us ladies

Four badass women discuss how intersectionality — the interconnected nature of social categorizations such as race, class, and gender as they apply to a given individual or group — will save the feminist movement. It starts by asking the question: What does feminism that embraces a wide variety of women’s experiences look like? In the article below, women themselves talk about this issue without interference or reinterpretation from a reporter.

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Note: Don’t miss our next WEGG webinar 4/5/17 on “Even a Small Business Can Be Global,” and presented by Natalie Kaddas, CEO, Kaddas Enterprises Inc. Register here:
https://attendee.gotowebinar.com/register/5344517495639686658.
Event is no charge but you must register in advance to attend.

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Are Women Willing to Wait As Long As 170 Years to Establish Parity with Men?

Published February 4, 2017 Gender challenges , Training (entrepreneurial) Leave a Comment
Tags: Enterprise Nation, Facebook, gender gap, online training, power of parity, WEF, World Economic Forum

According to the latest report by the World Economic Forum (WEF), women may have to wait as long as 170 years to establish parity with men when it comes to pay and employment opportunities. Who needs that? It is a fact that no country in the world has closed its gender gap. The only way around this barrier is for women to start more businesses, and here at WEGG, we hope with our help they take them global.

Take the UK, for example, where in an effort to ramp up women starting businesses, they are working with Facebook and Enterprise Nation, a network of small businesses, to deliver training to 10,000 women business owners across the country. Facebook claims that only 20 percent of the country’s 5.4 million small businesses are currently started by women.

What the ultimate goal here? To give women access to new online and offline training resources to provide them with the digital skills and mobile tools necessary to grow their business.

It is a well-quoted figure that equality for women in the labour force would add $28 trillion to the global economy by 2025.

Hope Not Fear: Women’s Marches Go Global

Published January 21, 2017 Equality , Gender challenges Leave a Comment
Tags: go global, hope not fear, Louisa Cannell, women's march on Washington, women's marches

The Women’s March on Washington has sparked rallies worldwide. The event had been organized to express solidarity with the aims of the original march: opposition to USA President Trump’s agenda (think of it as a counter inauguration after Trump took office), and support of women’s rights and human rights in general.

Begun as a Facebook post just after the election, the march is the start of what organizers hope could be a sustained campaign of protest in a polarized America, unifying demonstrators around issues like reproductive rights, immigration and civil rights. Source: The New York Times

Here’s a glimpse of the marches today, January 21, 2017 — around the country, and around the world. Let’s strive for hope, not fear, going forward.

Women Entrepreneurs GROW Global

Archive for the 'Gender challenges' Category

Global Businesswomen Succeed in Breaking Obstacles of Discrimination

Female Entrepreneurs Are About to Transform the Global Economy

Helping Young Girls, Women Entrepreneurs, and Business Owners Take on the World

Investing in Women-Owned Businesses Will Enhance Africa’s Productivity

The Story of Happy Beginnings: Women Entrepreneurs

Ladies: The Future Belongs to Us

Are Women Willing to Wait As Long As 170 Years to Establish Parity with Men?

It is a well-quoted figure that equality for women in the labour force would add $28 trillion to the global economy by 2025.

Hope Not Fear: Women’s Marches Go Global

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It is a well-quoted figure that equality for women in the labour force would add $28 trillion to the global economy by 2025.

Share With The World:

Like this:

Share With The World:

Like this:

WEGG Mission

Enter Your Email Address

Connect

WEGG Feed

Partners

Resources

Social Good

Webinar Recordings

World

Recent Posts

Categories

Archives

Ask a Question

Find an Opportunity

Honors & Awards

Donate Your Gift Card to WEGG!

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