Why is it so important to support the success of women entrepreneurs?
Supporting the success of women is not about undermining the success of men. It’s about creating more balance.
Each gender is wonderfully made. We complement one another. We balance one another. We are dependent upon one another. When the masculine and feminine coincide in harmony, life expands in beautiful, new ways.
But today, we are not in balance. We are not even close…in business or in life…in the US or anywhere in the world. We never have been.
Supporting the success of women creates more balance in the world. And when you support the success of women entrepreneurs, you multiply your impact.
Although women entrepreneurs comprise a small sliver of the world’s population, we can leverage the ripple effect to create positive waves of change that reverberate around the world. Specifically:
- Families prosper. Women reinvest more of their income in their families’ well-being. In emerging markets, women reinvest a staggering 90% of income in their families’ education, health and nutrition.
- Communities prosper. Women are more likely to donate to causes, and to donate more.
- The economy prospers. Economists and academics agree women entrepreneurs are an under-tapped force that can rekindle economic expansion.
- The world changes for the better. US Secretary of Commerce, Penny Pritzker, has said: “When women entrepreneurs take risks and succeed, societies change for the better. It becomes easier to accept the idea of a woman as the family’s breadwinner, the head of a household, a community leader or a head of state.” Women and girls around the world are empowered when they see more successful female role models. We show them that more is possible.