Posts Tagged 'WEGG women'

Why Are There So Few Women Entrepreneurs in Rwanda?

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A 2014 census report conducted by the National Institute of Statistics in Rwanda,  revealed that only 26.8 percent of sole proprietorship establishments are owned by women, compared to 73.2 percent owned by men.

What are the reasons for this imbalance?

In Donah Mbabazi’s article for “The New Times,” she shares a telling quote from the first Vice Chairperson of the Private Sector Federation Chamber for Women, Sarah Kirenga. Kirenga speaks to the challenges that Rwandan women, and all women, can face when it comes to business:
“The number one challenge women in business face is the fear of failure. Failure is a very real possibility in any business venture, but when it comes to women in business; fear to fail becomes a great concern to growing the business, hence, women are afraid to take up big risks. I believe you need to have massive failure to have massive success, you may need 100 ‘nos’ to get one ‘yes,’ but that one ‘yes’ will make you more successful tomorrow than you were today.”

Further in the article, the CEO of the Rwandan stock exchange, Pierre-Celestin Rwabukumba, cites Rwanda’s social climate as a cause for the lack of female participation in business: “It’s because of the general patriarchal kind of environment we have been living in for decades. Business doesn’t change because it is done in the same society.”

This poses an interesting question: Do social norms surrounding gender equality have to change in order for patterns in business to evolve? Or would change in entrepreneurship affect society? What do you think roadblocks women from achieving their full potential as entrepreneurs? What can women do for themselves to get in the game?

Read Mbabazi’s article, and her account of some solutions to the inequity in Rwandan business, here.

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Why go global?  How do you start?  Where can you find customers?  How do you get paid?  Find out these answers and learn other best-kept secrets to expanding a business globally. 

JOIN us for our first weggchat™ (#weggchat) Wednesday, August 8 from 11:00 a.m. — 12:00 p.m. (noon) Central time on Take Your Business Global! and facilitated by Laurel Delaney, President of WEGG and founder of GlobeTrade.com.  Laurel will field questions and add insights on how to take a business global.  Small business owners can join the conversation by using the hashtag #weggchat to chime in with questions and answers.

Event is free of charge but you must use tchat.io or twubs.com to follow the conversation using the hashtag #weggchat.  See you there!
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Women Entrepreneurs, the Global Market Needs You

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According to the Small Business and Entrepreneurship Council, In 2016, 97% of all exporters in the U.S. were small and medium-sized companies. The other statistic from this study that can’t be ignored is that only 12% of businesses that export are owned by women. Why are more women not accessing the vast world that is global business?

In Devishobha Chandramouli’s recent Entrepreneur article, “6 Global Trends Reveal How Women Are Redefining Entrepreneurship,” she reports the ways in which women entrepreneurs are critical to the global market. Within Chandramouli’s findings, WEGG founder, Laurel Delaney, reports on why women are often absent from business at a global level:

“Even in a developed economy, women business owners are less likely to explore and expand their products or services because they think they can’t do it, or that they don’t have access to the right training, education, advisory networks, mentorships and community programs. This perceived deficiency makes it difficult for women to access markets, conduct marketing and establish relationships.”

If women do not believe they are capable of global success, they will not achieve it. The secret is, that women are not only capable of global business, but are also exponentially beneficial to their communities when they have it. Chandramouli notes,

“As globalization is breaking down the barriers that limited businesses by cultures, gender and geography, many partnership and trade agreements have been developed in an attempt to encourage global economic activity among women. Women are known to give back about 90 percent of their earnings to the health and education of their communities and families, contributing to development directly, so it’s easy to see why it is critical.”

Women entrepreneurs, the global market needs you.

You can read Chandramouli’s article here, to learn more about how women have the ability to transform global business, for the better, from within.

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Why go global?  How do you start?  Where can you find customers?  How do you get paid?  Find out these answers and learn other best-kept secrets to expanding a business globally. 

JOIN us for our first weggchat™ (#weggchat) Wednesday, August 8 from 11:00 a.m. — 12:00 p.m. (noon) Central time on Take Your Business Global! and facilitated by Laurel Delaney, President of WEGG and founder of GlobeTrade.com.  Laurel will field questions and add insights on how to take a business global.  Small business owners can join the conversation by using the hashtag #weggchat to chime in with questions and answers.

Event is free of charge but you must use tchat.io or twubs.com to follow the conversation using the hashtag #weggchat.  See you there!
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Women Are Driving the Global Economy

Just the facts:

  • Women are driving the global economy.
  • Women are responsible for $20 trillion U.S. dollars in annual consumer spending.
  • 28% of registered SMEs globally are started by women.
  • Investing in women entrepreneurs and business owners is a huge market opportunity.
  • Women should be an economic priority.
  • Women’s market is growing at a faster growth rate than men — globally.
  • Women have a high level of commitment and loyalty.
  • Women are risk-aware.
  • Women share positive experiences.
  • Women are the next emerging market.
  • WEGG educates women entrepreneurs and business owners worldwide on how to go global.

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Note: Don’t miss our next WEGGinar™ 3/7/18 on “Becoming Your Own Global Distribution Solution” and presented by Rebecca Herwick, President/CEO, Global Products Inc. Register here. Event is free of charge but you must register in advance to attend.
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WEGG Women: Going Global is Affordable and Accessible

Why is it easier than ever now to take your business global?  Does exporting present challenges for women business owners and entrepreneurs?  What factors influence a woman business owner to go global?  Is there an organization that fosters global growth for businesses in a simple, engaging and affordable manner?

To find out the answers to these questions, read more.

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Note: Don’t miss our next WEGGinar™ 5/10/17 on “How to Improve Your Website For Global Customers,” and presented by John Yunker, Co-founder of Byte Level Research, author of “Think Outside the Country.” Register here:  https://attendee.gotowebinar.com/register/4596645079593705731.
Event is no charge but you must register in advance to attend.

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WEGG Mission

Our mission is to educate, inspire and nurture women business owners and entrepreneurs worldwide on how to go global so they can run healthier businesses and create a new future for themselves, their families and their community.


Women Entrepreneurs GROW Global is a 501(c)3 nonprofit organization. EIN/Tax ID #47-2956522.

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