Fighting for Funding: Why UK Female Entrepreneurs Deserve Your Backing with Debbie Wosskow OBE

23:34Female entrepreneurs deserve your backing, here's why:
Only 2% of all capital raised in the UK goes back to a female entrepreneur 🤯
And 87p in every £1 goes to back all-male teams 😲
It’s time to take a stand, and the powerhouse leading the change is this week’s podcast guest - Debbie Wosskow.
As Co-Chair of the UK’s Invest in Women TaskForce, Debbie is creating the biggest funding pot in the world for female entrepreneurs to make the UK the best place in the world to be a female founder. 💪👩‍💻
Because right now - it’s not. And what makes Debbie the right person for this job?
She has built and sold multiple businesses, including AllBright - the leading career network for women and Love Home Swap, which she sold for an incredible $53 million! 💰
Hear all about Debbie’s career journey, how she’s inspired change and what new venture she is currently working on in her shift into the wellness industry by tuning in.
In this episode you’ll discover:
👥The importance of building strong networks for support, opportunities and empowering other women.
🤝Practical negotiation tips for getting paid what you deserve in the workplace.
💰The funding disparities facing female entrepreneurs.
🚀How you can help advocate for more female investors
📈Financial autonomy for women, with insights on saving, investing, and breaking free from traditional gender roles.
Episode highlights
3:36 “I didn't really realise until I entered the world of work, that the world wasn't run by women because in my family it was.” - Debbie Wosskow
10:10 "The things that really matter to me are ensuring that women have better financial outcomes and being unashamedly for profit.” - Debbie Wosskow
12:16 “I've been appointed by the Prime Minister to co-chair the Investing in Women Task Force. And my objective there is to create the biggest funding pot in the world for female entrepreneurs to make the UK the best place in the world to be a female founder. Because at the moment, it isn't.” - Debbie Wosskow
18:40 “I think really perfecting your ask is the art of success. And for founders, it really is important, because you're gonna have to ask a lot of people that you don't know for money and new to get good at.” - Debbie Wosskow
22:24 “Money is an emotional topic. So someone coming in, in a very upset way without having done their prep, saying they're trying to buy a house that needs to be paid more, is unlikely to work. I think what does work is prepare, prepare, prepare, go in with the information, reflect on what it is that you're delivering for the business, and why you are underpaid relative to the market. And ask for something specific.” - Debbie Wosskow
23:34 “If you don't like what's being said, then change the conversation.” - Debbie Wosskow
30:33 If you're a great female investor, sitting just below partner level, you're going to leave right and set up on your own. At the moment, that's a really difficult thing to do. You need to invest quite a lot personally to get the thing off the ground. There are fees, structuring, compliance, legal. And that's also why women don't tend to do it. And why you have a lot of rich white men from a certain background who can do it because there's just an ask at the beginning.” - Debbie Wosskow
Links & references
Debbie Wosskow, OBE
/ debbiewosskowobe
Believe. Build. Become.
www.amazon.co.uk/Believe-Buil...
The Better Menopause
thebettermenopause.com/
AllBright
www.allbrightcollective.com/
Katie Street
/ katiestreet
/ streetmate
Street Agency
street.agency/
/ street.agency
/ streetagency

[@streetagency]

We LOVED this episode!! We're seeing first-hand the incredible work being done across the industry by females and our male allies to make a change and it makes us so happy to see more being done at a higher level to make it a better place for females everywhere. Here's to creating more BOSS A**E women :P