"Give a development dollar to a woman and 90 cents of it goes to the good or her family and the community," said Cheri Blair of the Cheri Blair Foundation for Women. Men's returns, by contrast, are typically HALF as effective.
This is huge.
Powerful women - especially older, more experienced women - can control their own economic destiny and can literally change the world. Nancy Gibbs wrote a powerful piece in December's Time magazine on this issue and she's exactly on point: We're primed at this point in our personal and professional lives to be impactful and legacy-focused.
We have the resources, contacts and time to devote to girls' education and create a culture of empowered (not entitled) cohort. This is a paradigm shift in women's thinking as to their potential before, during and after menopause led by us.
We are the first generation of college educated women living more of our lives in post-fertile (read: nest-building) years than in child rearing ones. We have an opportunity to change the world - literally. If we're better able to direct financial investments than men and achieve higher returns, our impacts are limitless.
So, take stock of your acquired skills, strengths, economic situation and decide where you want to make the most difference, whether it's by investing in a local angel investment group or jumping into worldwide opportunities and needs and making your mark there. Your strategy will reflect your passions and your appetites - and the next generation of women around the world are ready for us to lead them into a new future.
Watch Cherie's video and read Nancy's full piece here: Why Powerful Women Are Good for the World Economy