I recently attended a women entrepreneur's conference with Jenny Kassan titled Fund and Fuel Your Dreams. In it I learned so many valuable things about myself and women and how we are changing the conversation on the planet. Some fascinating statistics support what I evidenced first hand with the women in attendance at the conference. In particular, over the next 35 years, about $59,000,000,000,000 (that's 59 TRILLION dollars!) of wealth will transfer to women and millennials, of which women will inherit about 70% of this wealth. Also interesting, by 2030 in the U.S., women will hold two-thirds of the wealth.
Why is this exciting? Because women and millennials have different standards for investing than our past and present day investors. The vast majority hold pro social and environmental impact has key decisions in where they invest their wealth. This is huge as it has the potential to create a large shift in what drives investment.
The women I met at the conference are just a smattering--an inspiring and dynamic smattering--of the social and environmental good that is starting to emerge and take hold. From cleaning up the environment to finding creative and healthy food systems. From empowering others to live a more authentic and inspired life to funding that inspired life in community. The potential for quick and lasting impact is astounding. And the support they are giving each other is groundbreaking. (If you want to hear more about this, listen to this interview I did with Denise Rushing while guest hosting on the Taira St. John Show.)
Why is is this exciting? What does it have to do with you? With me? With our work in the world? With our work together?