Let's Celebrate Women’s Entrepreneurship Day

Blog Post created by robin.dupre Champion on Nov 14, 2016


My role with Pink Petro is the third time in my career that I've worked for a start-up and for most, the role/obligations/time is too much, but for me, it's exhilarating. I love the energy, the enthusiasm, the innovative thinking and the pure chaos that surrounds an entrepreneurship.


For Katie Mehnert, I know that she feels the same way. At times, I call her Wonder Woman because her energy is unparalleled to most people that I encounter in my everyday life. So this post is for her.


"For the thousands of hard-working women entrepreneurs in this world, every day might seem like 'Women’s Entrepreneurship Day,' stated Rachel Wolfson, The Huffington Post.


To celebrate all that entrepreneurs have created; to forming the paths that help the rest of us produce and function; to the sleepless nights and countless hours, this upcoming holiday is for you. Women and men across the globe will join together on November 18, 2016, to celebrate Women’s Entrepreneurship Day (WED).


"Founded by serial entrepreneur, Wendy Diamond, WED aims to empower women and girls worldwide to promote economic vitality and security. After volunteering in Honduras to provide microcredit to low-income women, Diamond decided to form a global event to celebrate and advance female business owners and entrepreneurs. The goal behind WED is to empower the 4 billion women on the planet while creating change for the 250 million girls living in poverty."


And while WED is clearly making an impact across certain parts of the world, here are five specific reasons why everyone, everywhere should support WED:


#1) To encourage 4 billion women worldwide to become entrepreneurs:
WED provides women entrepreneurs across the globe with the opportunity to share their voices to encourage their female counterparts to take action and lead. Hearing success stories from women entrepreneurs will continue to inspire other females to start their companies and take on leadership roles.


Diamond has already reported numerous success stories from WED’s previous events. For example, Sharifa AlBarami, the executive partner, and co-owner of Al Jazeera Global Services & Investments (AGSI), was a speaker during WED 2014. She is currently empowering women and girls in Oman to vote against arranged marriages.


The 2014 launch was also when the Australian government stopped traffic on the Sydney Harbor Bridge to allow our WED ambassadors to climb the structure, symbolizing a bridging of the world by women entrepreneurs. WED’s 2016 event is sure to inspire and encourage millions of more women to live their dreams and drive change.


#2) To Inspire 250 million girls living in poverty:
According to the Global Poverty Project, women makeup half the world’s population, but also represent a staggering 70 percent of the world’s poor. In fact, there are 250 million girls living in poverty today.
Fortunately, women have the power to be a catalyst for a change. Successful entrepreneurs being celebrated during WED serve as an example for girls and women everywhere, demonstrating that building your own business and following your dreams is possible.


“Statistics show that when women are provided with an economic opportunity, 90 cents on the dollar goes back to their families. Encouraging and empowering more women to enter business will have an incredibly positive financial and social impact on global communities,” Diamond said.


#3) To empower women to achieve gender equality in business:
Its been noted that companies with women on their boards are 30% more profitable, yet only 7% of venture dollars go to women-owned businesses. By raising awareness for women’s empowerment, WED encourages women entrepreneurs to share their voices to help women achieve equality.


Adriana Gascoigne is the CEO and Founder of Girls in Tech, a non-profit dedicated to promoting gender equality in technology. Adriana will be speaking at San Francisco’s WED event to promote gender balance.


“When launching Girls in Tech in 2007, we were the first non-profit dedicated to promoting gender equality in the technology workforce,” said Adriana. “Since then, we’ve grown to over 50,000 members across 60 chapters around the world. By speaking at Women’s Entrepreneur Day, I hope I can inspire others and encourage them to make their voice heard and be FIRST!”


#4) To support women-owned small businesses:
There are 11.3 million women who own businesses that generate $1.6 trillion in annual revenue and employ nearly 9 million people.


To support these businesses, Diamond plans to launch a website called that allows consumers to choose products and retailers that support women-owned businesses across the globe. A percentage of each sale from will go towards providing microloans to women in need who want to start their businesses.
The website launch is scheduled for November 30th, following the celebration of WED on November 18th.


#5) To empower, celebrate and support women everywhere:
Finally, the main reason to celebrate WED is to empower, celebrate and support women everywhere. WED serves as a once in a lifetime opportunity to network and support some of the most inspiring women and men in the world.


It’s time the world recognizes the incredible female entrepreneurs and their male counterparts creating change and innovation. WED provides inspiration for women and girls everywhere to celebrate who they are and what they offer.