Why Women Entrepreneurs Are Primed To Use Entrepreneurship for Social Good
We all have “to do” lists – and they can be long lists, right?
Well, what if hundreds of other women in business paid to help you … tick off some of the world’s “to do” list – that is, solve pressing global problems with innovation and entrepreneurship?
Vicki Saunders has made it her mission to get women to invest in other women entrepreneurs.
She’s is the founder and CEO of SheEO, a global community of radically generous women supporting women-led ventures working on what she calls the “World’s To Do List” – that is, using entrepreneurship to solve the UN’s 17 global goals – from poverty to clean water and climate change to quality education and economic development – and more besides.
She believes, as I do, that entrepreneurship is by far the best way to address these pressing problems where governments have failed – and that women entrepreneurs are uniquely suited to step up to these challenges.
Vicki is a serial entrepreneur who has co-founded and built companies in Silicon Valley, Europe and Toronto, taking one of her companies public. With SheEO she’s built an inspiring network to effectively crowd-fund women-led businesses with interest free loans – generated by a community of 500 women each investing $1,100 – or $92 a month. Vicki says, it’s basically like this: “What does the intuition of 500 women pick this year?”
She says her goal is to get to a million women with a billion dollar perpetual fund… that grows and grows as founders pay back the loans as a legacy for the planet.
Listen to learn:
- Why the venture capital system is broken for women founders: “It’s just ‘chase the money. Greed. Make as much as you can. 10X returns. Find the next Unicorn’ versus relationships driving innovation to create a better world.”
- How you can do good and make money at the same time leveraging Ikigai, that is, finding your perfect lift, what the world needs, what you're amazing at, and how you can make money.
- How SheEO is addressing broken systems and structures
- Why SheEO’s 53-funded companies track metrics of progress towards the 17 UN Global Goals
- Why women founders focus less on product innovation and more on “process innovation”. She says women “look at the whole.”
- And much more!
More about Vicki Saunders at SheEO.World
Activate! To learn more visit SheEO
Listen to Vicki Saunders on her podcast at SheEO.World
Get the full transcript here
Where to follow Vicki on Social Media:
- Twitter @vickis
- Twitter @sheeo_world
- Facebook @vsaunders
- Facebook @SheEOWorld
- Instagram @sheeovicki
- Instagram @sheeo_world
- LinkedIn in/vsaunders
- LinkedIn in/sheeo-world
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