Posts Tagged 'women exporters'

The Rise of Women ‘Millennipreneurs’

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The Female Entrepreneurs Institute has reported that there is a new generation of wildly successful business owners, who are all under thirty-five years of age. The ‘millennipreneur’ model of business has proven to be advantageous worldwide. The Institute explains,

“[This new] approach to business differs from that of their elders in terms of their ambitions, results and leadership style. Among the successful business owning millennials studied in this research, some 78% come from families with a history of running their own businesses. As a group, each has already established on average 7.7 companies, compared with an average of 3.5 among the 50-and-over Baby Boomers.”

A contemporary and forward-thinking entrepreneurship can be seen in this new generation’s most lucrative areas of business. The top three sectors of wealth for millennipreneurs were listed as: retail (12.5%), professional services (8.5%), and technology (7.3%).

This new generation of business owners has paved a way for women business owners, specifically. The proof is in the numbers…

“89% of women entrepreneurs surveyed expecting growing or stable profits in the next 12 months. Female millennipreneurs are aiming even higher with close to 75% expecting business profits to increase in the next 12 months…”

wegg® knows that the future of entrepreneurship is women entrepreneurship. We can help you start your business, or show you the steps you can take to go global. Join us for our FREE wegginar® on 10/3 with Katie Kollhoff, founder and CEO, NUMiX. You can find all of the details, and register for the event, here.

Women Have Big Global Aspirations

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According to Bruce Billson, former Minister for Small Business and brand ambassador for Efic, the Australian Government’s export credit agency, female exporters have three key traits:

  1. They have big ambitions
  2. They draw on life experience to navigate new markets
  3. They persevere to overcome barriers

He goes on to say:

screen-shot-2017-01-28-at-2-59-04-pmMany of the female exporters I encountered set out in business with a vision to take on the world. While their business operations may have started small, their aspirations were big. Having confidence and belief that you can scale and expand your business in new markets is important when setting out to build an export business.

Read more:  How Australian women are succeeding in the export trade.  Immediate download to Women, Global Trade and What It Takes to Succeed 2015.

NEWS:  In case you missed it, WEGG was mentioned in Forbes!

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Note: Don’t miss our next WEGG webinar 2/1/17 on “5 Basic Elements of a Global Social Media Plan,” and presented by Melisa Hinosoja, IBM Digital Marketing and Commerce Specialist. Register here:
https://attendee.gotowebinar.com/register/4285210609604750594.
Event is no charge but you must register in advance to attend.

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Women and Global Trade

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The Obama Administration is committed to boosting global trade for women entrepreneurs and business owners.  They also want to create new export opportunities for them.  Here’s why:

  • Pay more. Average pay at women-owned exporters is approximately 1.6 times higher than average pay at non-exporting female-owned businesses. This “exporter premium”—the amount by which exporters pay more than non-exporters—is larger than the equivalent premium for male-owned businesses, suggesting that increasing export participation by women-owned businesses may be one route to higher middle-class incomes.
  • More productive. Women-owned businesses that export are, on average, over 3.5 times more productive than women-owned businesses that do not export. In addition, women-owned exporters are also about 1.2 times more productive on average than male-owned exporters.
  • Hire more. Women-owned businesses that export employ an average of 42 people, compared to just 8 employees on average at their non-exporting counterparts.
  • Earn more. Women-owned businesses that export report average sales of $16.3 million, compared to $816,000 in average sales for women-owned businesses that do not export.

WEGG will play a major role in raising the number of women exporters.

To learn more about the Obama Administration’s mission to encourage women to participate in the U.S. and global economy, visit:  Women and Trade

Investing in Women Entrepreneurs Will Break Barriers to Exporting

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Over the next two years, Australia will serve as a champion to improve the capacity of trade promotion agencies in the APEC region to support women exporters says Australia’s Ambassador for Women and Girls, Natasha Stott Despoja.

While leading Australia’s delegation to the APEC Women and the Economy Forum (WEF) in Beijing, Ms. Stott Despoja said Australia’s foreign policy and aid program were targeting three persistent challenges to gender equality by addressing violence against women and girls, supporting women’s leadership and promoting women’s economic empowerment.

Ms. Stoff Despoja adds, “Research has shown that women face greater barriers to exporting – such as access to finance, resources and information.”

Read the news:  Investing in region’s women exporters

Photo Credit: SMBCollege via Compfight cc

Posted by:  Laurel Delaney

Gender Equality Policies For Exporting Companies in Brazil

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Three Brazilian government organizations have signed an agreement to support gender equality policies for exporting companies. The partnership involves the Brazilian Ministry of Development Industry and Foreign Trade, the Special Secretariat for Women’s Policies and the Brazilian Export and Investment Promotion Agency.

The goal of the agreement is to expand and promote female entrepreneurship among exporting companies.

Read more here.

Photo courtesy:  gaby_bra

Posted by:  Laurel Delaney

Malaysia Wants 200 Women Exporters by 2015

The Malaysia External Trade Development Corp. (Matrade) wants to produce 200 new women exporters via the Women Exporters Development Programme (WEDP) by 2015.

We will produce 24 export-driven women entrepreneurs a year and we aim to achieve our target by 2015,” he told reporters after launching the “Malaysia Women in Export Directory” here today.

Read the entire article here.  Related piece here.

Posted by:  Laurel Delaney

Britain’s Women Exporters Rule

Britain’s small business exporters are a powerful force:  women entrepreneurs.

One woman’s experience:

“At the moment we are looking at 25 percent of our business exporting. We are hoping to increase that to 60 percent and we are pretty much looking to double turnover [to £500,000].” ~ Amanda Allerton (pictured), co-founder of Dusky Moon Ltd. with a Dream Tubes display

Read the entire article:

Female entrepreneurs take up export mantle

Photo credit here.

Posted by:  Laurel Delaney

Women Entrepreneurs Open Africa to Exports

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The ACCESS! web portal WomenExporters.com is situated to become the most comprehensive source of export information, tools and assistance for African businesswomen pursuing international markets. The site will also provide an opportunity for companies to register their profiles and to promote their company’s capabilities online.

ACCESS! is a regional technical assistance programme, launched by the International Trade Centre (UNCTAD/WTO), and TFO (Trade Facilitation Office) Canada, as part of a joint program for Building African Capacity for Trade and funded by the Canadian International Development Agency.

The ACCESS! program is available in five English-speaking countries: Ethiopia, Ghana, South Africa, Tanzania, Uganda and four French-speaking countries: Burkina Faso, Cameroon, Mali and Senegal.

Learn more here.

Posted by: Laurel Delaney


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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.


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