Starting Up at Dallas Start Up Week
It was such a pleasure to spend time at Dallas Start Up Week #DSW22 sponsored by Capital One and held at SMU Cox School of Business. 🙏 Honored to give the closing keynote at Wednesday’s Women of Innovation Summit. 🎤 Enjoyed connecting with the live and virtual audience…an impressive and diverse array of entrepreneurs who are turning their ambitions and dreams into a reality. 🚀 And for me, it was my first gig post-corporate life. What an exciting opportunity to be amongst entrepreneurs and business owners, as I myself aspire to become one as part of my rewirement.
Did you know that DFW ranks in the Top 5 metros for women-owned businesses? 🤠And that Texas is ranked among the top states for women-led startups, too? 💡There is much more work to do as women make up only 22.4% of all small business owners in the US. (source: Guidant Financial) And only ~2.4% of the total capital invested in venture-backed start-ups went to companies founded solely by women🤨.
According to WhatToBecome, statistics show that 252 million entrepreneurs out of approximately 582 million in the world are women. Add that to the 153 million women who currently run businesses, and you can see the impact of women on business. Research also shows that women now account for 41% of the global workforce and control more than $20 trillion in annual spending. Predictions are that this number will go up to $28 trillion in the next few years. And interestingly, recent analysis found that if women and men participated equally as entrepreneurs, global GDP could rise by 3-6%, boosting the global economy by $2.5-5 trillion 🌎(source: Boston Consulting Group (BCG) )
➡️ Please join me in supporting some (more) women founded & women owned businesses today and every day!