let’s see hello my name is Danielle cayenne Bay such a pleasure to be here I
cayenne Bay such a pleasure to be here I
cayenne Bay such a pleasure to be here I as as our host dad I’m an entrepreneur
as as our host dad I’m an entrepreneur
as as our host dad I’m an entrepreneur who works on projects around women
who works on projects around women
who works on projects around women social impact in Africa now I was born
social impact in Africa now I was born
social impact in Africa now I was born in the Democratic Republic of Congo for
in the Democratic Republic of Congo for
in the Democratic Republic of Congo for those of you that don’t know where that
those of you that don’t know where that
those of you that don’t know where that is it’s in central Africa and it’s the
is it’s in central Africa and it’s the
is it’s in central Africa and it’s the country that looks like the profile of
country that looks like the profile of
country that looks like the profile of Abraham Lincoln so a few things about
Abraham Lincoln so a few things about
Abraham Lincoln so a few things about Congo were known for having a lot of
Congo were known for having a lot of
Congo were known for having a lot of mineral wealth and were also known for
mineral wealth and were also known for
mineral wealth and were also known for taking our music and fashion very
taking our music and fashion very
taking our music and fashion very seriously so the top that I’m wearing
seriously so the top that I’m wearing
seriously so the top that I’m wearing today I actually had custom-made for me
today I actually had custom-made for me
today I actually had custom-made for me on one of my trips to Kinshasa so in
on one of my trips to Kinshasa so in
on one of my trips to Kinshasa so in case you don’t believe me this is how
case you don’t believe me this is how
case you don’t believe me this is how men dress in the Congo this is a Tuesday
men dress in the Congo this is a Tuesday
men dress in the Congo this is a Tuesday afternoon in Kinshasa this is how women
afternoon in Kinshasa this is how women
afternoon in Kinshasa this is how women dress everything custom-made and this is
dress everything custom-made and this is
dress everything custom-made and this is you know what you would wear to like a
you know what you would wear to like a
you know what you would wear to like a Thursday cocktail hour now as you can
Thursday cocktail hour now as you can
Thursday cocktail hour now as you can tell this piece that I’m wearing is
tell this piece that I’m wearing is
tell this piece that I’m wearing is completely unique it’s custom-made the
completely unique it’s custom-made the
completely unique it’s custom-made the tailor took about 18 different
tailor took about 18 different
tailor took about 18 different measurements when she made it and as a
measurements when she made it and as a
measurements when she made it and as a woman I can tell you that it was one of
woman I can tell you that it was one of
woman I can tell you that it was one of the single best experiences of my life
the single best experiences of my life
the single best experiences of my life when I was buying something it was one
when I was buying something it was one
when I was buying something it was one of the few times I didn’t have to buy
of the few times I didn’t have to buy
of the few times I didn’t have to buy something two sizes bigger in order to
something two sizes bigger in order to
something two sizes bigger in order to make sure that it fit the experience was
make sure that it fit the experience was
make sure that it fit the experience was unique for another reason it was the
unique for another reason it was the
unique for another reason it was the first time that I owned an item of
first time that I owned an item of
first time that I owned an item of clothing that was specifically made for
clothing that was specifically made for
clothing that was specifically made for me by another woman I believe that women
me by another woman I believe that women
me by another woman I believe that women are currently the largest underserved
are currently the largest underserved
are currently the largest underserved global market now women control 80% of
global market now women control 80% of
global market now women control 80% of consumer spending we make 70% of major
consumer spending we make 70% of major
consumer spending we make 70% of major financial decisions and in the US alone
financial decisions and in the US alone
financial decisions and in the US alone we control 14 trillion in assets and 36
we control 14 trillion in assets and 36
we control 14 trillion in assets and 36 trillion in assets globally however as
trillion in assets globally however as
trillion in assets globally however as women almost all of the products in
women almost all of the products in
women almost all of the products in serve
serve
serve that we use are created designed built
that we use are created designed built
that we use are created designed built and sold to us by men men dominate the
and sold to us by men men dominate the
and sold to us by men men dominate the business of business so women have less
business of business so women have less
business of business so women have less access to capital women only receive
access to capital women only receive
access to capital women only receive about 15% of venture capital funding
about 15% of venture capital funding
about 15% of venture capital funding women are excluded for most of the
women are excluded for most of the
women are excluded for most of the economic and business conferences that
economic and business conferences that
economic and business conferences that happen globally and out of 1,500 S&P
happen globally and out of 1,500 S&P
happen globally and out of 1,500 S&P CEOs there are fewer female CEOs than
CEOs there are fewer female CEOs than
CEOs there are fewer female CEOs than there are CEOs named John I believe that
there are CEOs named John I believe that
there are CEOs named John I believe that in the next ten years women will become
in the next ten years women will become
in the next ten years women will become the single largest global market and
the single largest global market and
the single largest global market and that we will become the largest global
that we will become the largest global
that we will become the largest global economic engine for growth now by taking
economic engine for growth now by taking
economic engine for growth now by taking a look at this graph you can see that in
a look at this graph you can see that in
a look at this graph you can see that in 2014
2014
2014 women were the second largest economy in
women were the second largest economy in
women were the second largest economy in the world after the US and far
the world after the US and far
the world after the US and far surpassing China now this chart doesn’t
surpassing China now this chart doesn’t
surpassing China now this chart doesn’t take into account the fact that women
take into account the fact that women
take into account the fact that women are being paid 25 to 40 percent less
are being paid 25 to 40 percent less
are being paid 25 to 40 percent less than men and that women globally do four
than men and that women globally do four
than men and that women globally do four and a half hours of unpaid labor every
and a half hours of unpaid labor every
and a half hours of unpaid labor every day so I believe that there is a rising
day so I believe that there is a rising
day so I believe that there is a rising female driven economy and I define this
female driven economy and I define this
female driven economy and I define this as products and services created by
as products and services created by
as products and services created by women for other women now one of the
women for other women now one of the
women for other women now one of the things that I find the most exciting as
things that I find the most exciting as
things that I find the most exciting as that a lot of the new female
that a lot of the new female
that a lot of the new female entrepreneurs are creating new models
entrepreneurs are creating new models
entrepreneurs are creating new models that have impact at the core so one of
that have impact at the core so one of
that have impact at the core so one of the great new companies that I’ve seen
the great new companies that I’ve seen
the great new companies that I’ve seen is a company called things they make
is a company called things they make
is a company called things they make it’s a fashion tech company that makes
it’s a fashion tech company that makes
it’s a fashion tech company that makes underwear that you wear during your
underwear that you wear during your
underwear that you wear during your period so they are tackling impact in
period so they are tackling impact in
period so they are tackling impact in two ways the first is that for each pair
two ways the first is that for each pair
two ways the first is that for each pair that you buy you support education for a
that you buy you support education for a
that you buy you support education for a girl in Africa the second is that they
girl in Africa the second is that they
girl in Africa the second is that they are essentially eliminating the
are essentially eliminating the
are essentially eliminating the environmental impact of disposable
environmental impact of disposable
environmental impact of disposable hygiene products another company is
hygiene products another company is
hygiene products another company is called watermelon water which tackles
called watermelon water which tackles
called watermelon water which tackles the food waste problem you may or may
the food waste problem you may or may
the food waste problem you may or may not know that anywhere from the
not know that anywhere from the
not know that anywhere from the – half of all food all produce is
– half of all food all produce is
– half of all food all produce is actually disposed for cosmetic reasons
actually disposed for cosmetic reasons
actually disposed for cosmetic reasons so not only his Jodi created one of the
so not only his Jodi created one of the
so not only his Jodi created one of the fastest growing organic juice companies
fastest growing organic juice companies
fastest growing organic juice companies but she is also helping organic farmers
but she is also helping organic farmers
but she is also helping organic farmers make 30 to 50 percent more every year
make 30 to 50 percent more every year
make 30 to 50 percent more every year another company that’s in this space is
another company that’s in this space is
another company that’s in this space is Jessica Alba and her honest company so
Jessica Alba and her honest company so
Jessica Alba and her honest company so as a new mom she was shocked to realize
as a new mom she was shocked to realize
as a new mom she was shocked to realize that everything from diapers to
that everything from diapers to
that everything from diapers to detergents were full of toxic chemicals
detergents were full of toxic chemicals
detergents were full of toxic chemicals in less than five years honest company
in less than five years honest company
in less than five years honest company is now worth over a billion dollars now
is now worth over a billion dollars now
is now worth over a billion dollars now these are a few examples that I gave but
these are a few examples that I gave but
these are a few examples that I gave but the opportunity I believe is huge
the opportunity I believe is huge
the opportunity I believe is huge because every single industry is ripe
because every single industry is ripe
because every single industry is ripe for disruption in the health care space
for disruption in the health care space
for disruption in the health care space you might not know but the leading cause
you might not know but the leading cause
you might not know but the leading cause of death for women is actually heart
of death for women is actually heart
of death for women is actually heart disease there’s a French company called
disease there’s a French company called
disease there’s a French company called car MOT and they make an artificial
car MOT and they make an artificial
car MOT and they make an artificial heart now while their heart fits 86% of
heart now while their heart fits 86% of
heart now while their heart fits 86% of men only fits 20% of women in the tech
men only fits 20% of women in the tech
men only fits 20% of women in the tech space there’s a company called Fitbit so
space there’s a company called Fitbit so
space there’s a company called Fitbit so it is one of the most popular bio
it is one of the most popular bio
it is one of the most popular bio trackers that you that you can buy now
trackers that you that you can buy now
trackers that you that you can buy now they have about 38 million users and the
they have about 38 million users and the
they have about 38 million users and the entire universe of bio trackers
entire universe of bio trackers
entire universe of bio trackers including Nike and jawbone and Apple is
including Nike and jawbone and Apple is
including Nike and jawbone and Apple is over a hundred million users when all of
over a hundred million users when all of
over a hundred million users when all of these all of these companies launched
these all of these companies launched
these all of these companies launched their bio trackers not one of them
their bio trackers not one of them
their bio trackers not one of them included a period tracker
included a period tracker
included a period tracker even though 50% of their users are women
even though 50% of their users are women
even though 50% of their users are women that’s a huge oversight another area
that’s a huge oversight another area
that’s a huge oversight another area that’s ripe for disruption is media even
that’s ripe for disruption is media even
that’s ripe for disruption is media even though women use and share news and
though women use and share news and
though women use and share news and information 63 percent more than men if
information 63 percent more than men if
information 63 percent more than men if you look at the top six news sites 60 to
you look at the top six news sites 60 to
you look at the top six news sites 60 to 70 percent of the photos the stories and
70 percent of the photos the stories and
70 percent of the photos the stories and the content is about men that means that
the content is about men that means that
the content is about men that means that most of our media is men talking to men
most of our media is men talking to men
most of our media is men talking to men about other men
now one of the things that we realize
now one of the things that we realize when we start to go deeper is that we
when we start to go deeper is that we
when we start to go deeper is that we live in a world that seems to have been
live in a world that seems to have been
live in a world that seems to have been designed without women so one of the
designed without women so one of the
designed without women so one of the things that I’m sure a lot of women are
things that I’m sure a lot of women are
things that I’m sure a lot of women are familiar with is that they struggle to
familiar with is that they struggle to
familiar with is that they struggle to open doors when they’re in a city when
open doors when they’re in a city when
open doors when they’re in a city when they’re going in or out of a building
they’re going in or out of a building
they’re going in or out of a building the reason is that doors are designed
the reason is that doors are designed
the reason is that doors are designed for the tensile strength of an
for the tensile strength of an
for the tensile strength of an average-sized man another example how
average-sized man another example how
average-sized man another example how many ladies here have ever waited for a
many ladies here have ever waited for a
many ladies here have ever waited for a restroom okay every hand well the reason
restroom okay every hand well the reason
restroom okay every hand well the reason is that men do one thing in a restroom
is that men do one thing in a restroom
is that men do one thing in a restroom while women do five we may use the
while women do five we may use the
while women do five we may use the bathroom change our clothes do our
bathroom change our clothes do our
bathroom change our clothes do our makeup and change a baby what both of
makeup and change a baby what both of
makeup and change a baby what both of these examples show is that our cities
these examples show is that our cities
these examples show is that our cities our buildings and even our
our buildings and even our
our buildings and even our transportation networks suffer from poor
transportation networks suffer from poor
transportation networks suffer from poor design because women weren’t part of the
design because women weren’t part of the
design because women weren’t part of the planning process so what is the impact
planning process so what is the impact
planning process so what is the impact of all of this so if we actually started
of all of this so if we actually started
of all of this so if we actually started to change and allow women full
to change and allow women full
to change and allow women full participation what would happen so a
participation what would happen so a
participation what would happen so a recent study by McKinsey suggests that
recent study by McKinsey suggests that
recent study by McKinsey suggests that if women if women began to participate
if women if women began to participate
if women if women began to participate equally in the economy and to earn the
equally in the economy and to earn the
equally in the economy and to earn the same as men it would contribute twenty
same as men it would contribute twenty
same as men it would contribute twenty eight trillion dollars to the global
eight trillion dollars to the global
eight trillion dollars to the global economy in addition closing the gender
economy in addition closing the gender
economy in addition closing the gender gap would add twelve percent to the GDP
gap would add twelve percent to the GDP
gap would add twelve percent to the GDP of most Western countries
what does this mean for you it means
what does this mean for you it means that your pain points as a woman are
that your pain points as a woman are
that your pain points as a woman are actually signals for creativity and
actually signals for creativity and
actually signals for creativity and signals for innovation you can use your
signals for innovation you can use your
signals for innovation you can use your experiences to inform what you do in
experiences to inform what you do in
experiences to inform what you do in terms of creating your business your
terms of creating your business your
terms of creating your business your career or future entrepreneurial
career or future entrepreneurial
career or future entrepreneurial ventures I believe that every woman here
ventures I believe that every woman here
ventures I believe that every woman here has the opportunity to completely
has the opportunity to completely
has the opportunity to completely reshape the world that you live in and
reshape the world that you live in and
reshape the world that you live in and the world that generations of women to
the world that generations of women to
the world that generations of women to come will live in I think you can change
come will live in I think you can change
come will live in I think you can change the daily lives of women to be more
the daily lives of women to be more
the daily lives of women to be more comfortable more productive and more
comfortable more productive and more
comfortable more productive and more efficient and you can do it with impact
every pain point you experience as a
every pain point you experience as a woman is a massive business opportunity
woman is a massive business opportunity
woman is a massive business opportunity that has never occurred – not one of the
that has never occurred – not one of the
that has never occurred – not one of the Fortune 500 CEOs named John Mark or
Fortune 500 CEOs named John Mark or
Fortune 500 CEOs named John Mark or James so let’s get to work ladies
James so let’s get to work ladies
James so let’s get to work ladies the future is female
you
you [Applause]
”
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