Fostering and empowering the livelihoods of women entrepreneurs, through supporting their businesses, creates a chain reaction of women’s financial freedom and independence. wegg® was founded on this practice, and the crusade of bolstering the placement of women within the global economic landscape is an evergreen motivator.
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May is Mental Health Awareness Month and Women’s Health Awareness Month,
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Women entrepreneurs have been on a tear of upward momentum as of late like never before. A burgeoning landscape of women-owned businesses swept 2024 by storm across the nation. Empowerment and autonomy are only a few of the benefits that women can accrue when taking their livelihood into their own hands.
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It is no secret that when women owned-businesses blossom and grow, the economy grows too. As cited by the World Economic Forum in their article “How public-private partnerships are empowering women entrepreneurs beyond funding,”: “Research indicates that increasing women’s participation in entrepreneurship and employment could add trillions of dollars to the global gross domestic product,
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Over 180 women entrepreneurs in Serbia were given a platform to market themselves and their crafts during the 2024 Women’s Entrepreneurship EXPO satellite event in Serbia, titled “Inclusion of women entrepreneurs into economic flows: opportunities and challenges.” The exposure and experience gained by these tradeswomen will hopefully serve as a beneficial launching pad for partnerships with the influential brands that were in attendance.
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“The seeds of success in every nation on Earth are best planted in women and children.”
-Former President of Malawi, Joyce Banda
A few empowering byproducts that come from a woman starting her own business include self-sufficiency, financial freedom, and confident independence.
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Yet another unfortunate byproduct of the destruction and devastation that Hurricanes Helene and Milton wreaked on communities is that of harmful and lasting impacts on the small businesses in the affected areas. Many entrepreneurs had their livelihoods wiped out as a result of these disasters,
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— Denise Morrison, former Campbell Soup Company CEO
Guiding and molding the budding and blossomed ideas of women business owners is the touchstone of wegg®’s philosophy and practices.
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In a 2024 study published by Clarify Capital, researcher Emma Parker utilizes findings from the U.S. Census Bureau data collection to uncover “The Best Places in the U.S. for Women Entrepreneurs.” wegg® emphasizes and encourages the globalization of all women-owned businesses, and it is insightful to learn where women entrepreneurs are having the most success in the world.
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“Success doesn’t come from what you do occasionally. It comes from what you do consistently.”
-Marie Forleo, Entrepreneur, Writer and Philanthropist
Any entrepreneur can tell you that navigating and maintaining a work/life balance when running a global business is an ongoing challenge no matter what stage of the journey they are in.
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