Females leaders have been under some of the brightest spotlights the last few years, record-breaking Olympic gymnast Simone Biles to needs-no-introduction Hillary Clinton. I couldn’t be more pleased to see women stealing the thunder in all sorts of arenas. But at the same time, I often see headlines like “How to Negotiate Like a Man” or “Women Should Stop Using These Words at Work,” that try to turn the fairer sex into something they’re not. So I was refreshed to sit down recently with Vicki Saunders, founder of SheEO, a new model to finance and support female entrepreneurs, who told me that the foundation of her venture is one simple question: What are the amazing things that women do differently?
Supporting each other, socializing, and creating networks are just a few of women’s greatest strengths. Currently in Canada, Colorado, LA, and the Bay Area (to come in India and NYC in 2017), SheEO finances women by bringing together 1,000 women per community and asking each to contribute $1,000 each as an act of radical generosity. That money is then loaned to female entrepreneurs at 0% interest, who also get access to the group’s networks, buying power, and expertise. It’s like a hive of bees—all working together for a common goal.
Watch my video interview with Vicki below to learn more about how she’s inspiring radical generosity and a whole new force of female founders. I can’t wait to see what’s next for SheEO.