{"id":30475,"date":"2020-11-21T05:50:53","date_gmt":"2020-11-21T10:50:53","guid":{"rendered":"https:\/\/test.greenmoney.com\/2025\/?p=30475"},"modified":"2020-12-30T11:50:24","modified_gmt":"2020-12-30T16:50:24","slug":"swing-out-sister-how-women-founders-can-shine-in-2021-and-beyond","status":"publish","type":"post","link":"https:\/\/test.greenmoney.com\/2025\/swing-out-sister-how-women-founders-can-shine-in-2021-and-beyond\/","title":{"rendered":"Swing Out Sister: How Women Founders Can Shine in 2021 and Beyond"},"content":{"rendered":"<div class=\"landing-links\"><a href=\"\/december-issue-2020\/\">&gt;&gt; Back to December 2020 Issue<\/a><\/div>\n<h6><\/h6>\n<h6><em>Above: A tree planting event at a World Tree farm with investors: (<\/em><em>from left to right)<\/em><em> Michelle Bonsu, Marlene Lewis, Kevwe Omologe, Emily Lewis.<\/em><\/h6>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-30655\" src=\"https:\/\/test.greenmoney.com\/2025\/wp-content\/uploads\/2020\/11\/Dr.Cathy-key-World-Tree-USA.jpg\" alt=\"Dr.Cathy key-World Tree USA\" width=\"350\" height=\"473\" srcset=\"https:\/\/test.greenmoney.com\/2025\/wp-content\/uploads\/2020\/11\/Dr.Cathy-key-World-Tree-USA.jpg 400w, https:\/\/test.greenmoney.com\/2025\/wp-content\/uploads\/2020\/11\/Dr.Cathy-key-World-Tree-USA-222x300.jpg 222w\" sizes=\"auto, (max-width: 350px) 100vw, 350px\" \/>\u201cSisters are doin\u2019 it for themselves,\u201d sang Aretha Franklin in 1985. \u201cWe\u2019re standing on our own two feet and ringing our own bell.\u201d That powerful call to women to stop hiding in the shadows of men is now thirty-five years old. Yet, it is still as relevant today as it was then.<\/p>\n<p>While many women have come out of the kitchen and into the boardroom, there is still a long way to go. While women represent 40 percent of entrepreneurs<sup>1<\/sup>:<\/p>\n<ul>\n<li>Female founded start-ups received only 2.7 percent of venture capital in 2019<sup>2<\/sup><\/li>\n<li>Women entrepreneurs received only 9 percent of the investment overall<sup>3<\/sup><\/li>\n<li>Only 12 percent of venture capital decision makers are women<sup>4<\/sup><\/li>\n<li>Only 7 percent of Fortune 500 companies have female CEOs<sup>5<\/sup><\/li>\n<li>Women make $0.82 for every dollar that men make<sup>6<\/sup><\/li>\n<\/ul>\n<p>These are pretty gloomy statistics, especially when women-founded companies have a proven track record for performance:<\/p>\n<ul>\n<li>Investments in companies with female founders perform 63 percent better<sup>7<\/sup><\/li>\n<li>70 percent of the most successful funds have female partners<sup>8<\/sup><\/li>\n<li>80 percent of purchasing decisions are made by women<sup>9<\/sup><\/li>\n<\/ul>\n<p>So, what\u2019s a girl to do? How do women founded companies make their mark in what is still very much a man\u2019s world?<\/p>\n<p>This year World Tree became the <em>highest funded female-founded company on Wefunder<\/em>. We raised over $2 million and became the third most funded company on the platform ever. Here are three things I\u2019ve learned on our investment journey.<\/p>\n<h2>Prepare to Knock Their Socks Off<\/h2>\n<p>I joined World Tree as Chief Operations Officer in 2015, alongside founder Wendy Burton. Our vision was to transform forestry with a fast-growing tree that we would give to farmers for free, train them to grow, and harvest for profit.<\/p>\n<div id='div-gpt-ad-1622053269469-0' class=\"ad-float-left\"><script>\ngoogletag.cmd.push(function() { googletag.display('div-gpt-ad-1622053269469-0'); });\n<\/script><\/div>\n<p>It never occurred to us that gender would impact our ability to attract investments and build the business. In retrospect, that was naive. We were disrupting the bluest of blue industries \u2014 forestry \u2014 with a business model focused on cooperation, sustainability, and profit-sharing.<\/p>\n<p>Our tree even had heart-shaped leaves and a female name: The Empress.<\/p>\n<p>Wendy would come back from meetings shaking her head, <em>\u201cThey didn\u2019t even listen,\u201d<\/em> she would say after talking to rooms full of foresters (all men).<\/p>\n<p>We started doing pitch events, with audiences that were 95 percent men in suits. We prepared like our lives depended on it. Our materials, pitch decks, financials, and offering documents were first class. We knew our stuff and it showed.<\/p>\n<p>It was common to walk into a room at 9 a.m. and be totally ignored. We would pull our shoulders back, walk to the front of the room, and start talking. After a few minutes you could hear a pin drop: we had their attention.<\/p>\n<h2>Heart-centered Business is Good Business<\/h2>\n<p>Our core mission at World Tree is to \u201c<em>Elevate, Educate, and Innovate for the Planet<\/em>.\u201d We value people and we value Mother Earth. Our business is designed to address big issues like climate change, poverty, and deforestation. We value our team, our farmers, and our investors as real people and part of our mandate is that our employees love their lives.<\/p>\n<p>In Aretha\u2019s day this focus on people and the planet would be called fluff and nonsense. Today, it\u2019s called good business practice. Sustainable, regenerative businesses make more profit, have better performance and more robust share prices than their counterparts.<sup>10<\/sup><\/p>\n<p>Running a heart-centered business comes naturally to most women, and this is a strong suit that will continue to help us make an impression in the market.<\/p>\n<h2>Surround Yourself with Good People<\/h2>\n<p>As a female founder, your most important role is to maintain the company\u2019s vision. This is easy at the start, but gets harder over time especially when you are in the crunch of raising capital.<\/p>\n<p>If you are a woman who is good at multi-tasking and someone who is reliable at getting things done (most women entrepreneurs are) then sooner or later your vision is likely to get lost in the mix. You will be burning the midnight oil working on contracts, offering documents, and marketing materials. Things you could hire other people to do at least as well as, if not better than, you.<\/p>\n<p>Hiring good people to take care of the day to day will be critical for you to keep the vision alive. Save your energy for meetings that will really bring the company forward.<\/p>\n<h2>Conclusion<\/h2>\n<p>Last year 21 female-founded tech companies broke through the $1 billion evaluation mark. These \u201cunicorns,\u201d along with thousands of other successful women entrepreneurs, have been leading the way for our next generation of women in business.<\/p>\n<div id='div-gpt-ad-1622053479374-0' class=\"ad-float-left\"><script>\ngoogletag.cmd.push(function() { googletag.display('div-gpt-ad-1622053479374-0'); });\n<\/script><\/div>\n<p>Across North America there are accelerators, pitch events, and angel networks set up purely to focus investment dollars on women owned businesses. Women are supporting each other and the more we do that, the closer we will get to a level playing field. As Aretha said:<\/p>\n<p>\u201cCan you see, can you see, can you see,<\/p>\n<p>There\u2019s a woman right next to you\u2026ho ho\u2026 \u201d<\/p>\n<p>&nbsp;<\/p>\n<p><strong><em>Article by Dr. Cathy Key<\/em><\/strong><em>, President of <a href=\"https:\/\/worldtree.info\/\"><strong>World Tree USA LLC<\/strong><\/a><\/em><em>, an agroforestry company that grows trees for the purpose of carbon drawdown and timber production. Dr. Key oversees the Company\u2019s operations in 5 countries.<\/em><\/p>\n<p><em>With a PhD in Anthropology, specializing in the economics of cooperation, Dr. Key brings a unique perspective to the way we can do business. She\u00a0 has presented World Tree to Canadian and US audiences on the stage of conferences including the Social Finance Forum and Sustainatopia, as well as investment groups in cities throughout North America.<\/em><\/p>\n<div class=\"footnotes\">\n<p><strong>Footnotes:<\/strong><\/p>\n<p>[1] <a href=\"https:\/\/about.crunchbase.com\/blog\/business-investment-to-women\/\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/about.crunchbase.com\/blog\/business-investment-to-women\/<\/a><\/p>\n<p>[2] <a href=\"https:\/\/pitchbook.com\/news\/articles\/the-vc-female-founders-dashboard\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/pitchbook.com\/news\/articles\/the-vc-female-founders-dashboard<\/a><\/p>\n<p>[3] <a href=\"https:\/\/about.crunchbase.com\/blog\/business-investment-to-women\/\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/about.crunchbase.com\/blog\/business-investment-to-women\/<\/a><\/p>\n<p>[4] <a href=\"https:\/\/www.forbes.com\/sites\/geristengel\/2020\/01\/01\/the-next-decade-will-bring-more-venture-capital-to-female-founders\/?sh=763535b16b0f\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/www.forbes.com\/sites\/geristengel\/2020\/01\/01\/the-next-decade-will-bring-more-venture-capital-to-female-founders\/?sh=763535b16b0f<\/a><\/p>\n<p>[5] <a href=\"https:\/\/www.statista.com\/chart\/13995\/female-ceos-in-fortune-500-companies\/\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/www.statista.com\/chart\/13995\/female-ceos-in-fortune-500-companies\/<\/a><\/p>\n<p>[6] <a href=\"https:\/\/www.businessinsider.com\/gender-wage-pay-gap-charts-2017-3\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/www.businessinsider.com\/gender-wage-pay-gap-charts-2017-3<\/a><\/p>\n<p>[7] <a href=\"https:\/\/www.forbes.com\/sites\/geristengel\/2020\/01\/01\/the-next-decade-will-bring-more-venture-capital-to-female-founders\/?sh=763535b16b0fytguh\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/www.forbes.com\/sites\/geristengel\/2020\/01\/01\/the-next-decade-will-bring-more-venture-capital-to-female-founders\/?sh=763535b16b0fytguh<\/a><\/p>\n<p>[8] <a href=\"https:\/\/about.crunchbase.com\/blog\/business-investment-to-women\/\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/about.crunchbase.com\/blog\/business-investment-to-women\/<\/a><\/p>\n<p>[9] <a href=\"https:\/\/about.crunchbase.com\/blog\/business-investment-to-women\/\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/about.crunchbase.com\/blog\/business-investment-to-women\/<\/a><\/p>\n<p>[10] <a href=\"https:\/\/investors-corner.bnpparibas-am.com\/investing\/sustainability-profitable\/\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/investors-corner.bnpparibas-am.com\/investing\/sustainability-profitable\/<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p><span style=\"font-weight: 400;\">This year World Tree became the highest funded female-founded company on Wefunder. We raised over $2 million and became the third most funded company on the platform ever. Our core mission is to \u201cElevate, Educate, and Innovate for the Planet.\u201d We value people and we value Mother Earth. Our business is designed to address big issues like climate change, poverty, and deforestation.<\/span><\/p>\n","protected":false},"author":3,"featured_media":30583,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[314],"tags":[135,124,139,136,134],"class_list":["post-30475","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-december-2020-women-and-investing","tag-energy-climate","tag-featured-articles","tag-food-farming","tag-impact-investing","tag-sustainable-business"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Swing Out Sister: How Women Founders Can Shine in 2021 and Beyond - Green Money Old version<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Swing Out Sister: How Women Founders Can Shine in 2021 and Beyond - Green Money Old version\" \/>\n<meta property=\"og:description\" content=\"This year World Tree became the highest funded female-founded company on Wefunder. 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