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Nov 4, 2011

Breakfast with David Gergen at the WBDC Event

There were 500 attendees to hear David Gergen speak yesterday morning at the WBDC’s Business Breakfast entitled: Power, Politics & Purse Strings (giving it the female slant). Besides great networking, the spirit of the room and the opportunity to re-connect with longtime colleagues, Gergen’s talk was excellent.

Everyone who listens to the news and reads the paper (er, tablet) knows that the economy is still in deep trouble and that the business opportunities of yesteryear have severely diminished. This political consultant and presidential advisor put it in these words: “It’s like flying a 747 at 200 mph–stall speed. There’s the danger of free-fall at any time.”

What he found hopeful, and why the presentation was actually positive, is that he recognized and credited women business owners with the ability to shape the future. As he put it, he was very happy and energized to be in an environment that was as optimistic and vital as a large gathering of women business owners.

I’ve always felt that particular energy among  female entrepreneurs. Unlike our employed counterparts, we are the ultimate decision makers, the buck-stops-here personalities and the visionaries who take risks and reap rewards. There’s a no-nonsense, I-am-responsible vibe that’s palpable in the room. It’s where I want to be.

Gergen predicted a bumpy ride for the next 3-5 years saying it won’t be easy. But, the statistics for women owned businesses contributing to the economic growth is staggering–8.1 million women-owned businesses in the US, 123,000 in CT alone. In state we contribute $26 billion to the economy and add hundreds of jobs each year. Despite the gloomy national picture, women are shaping the future.

I walked out, not depressed, but inspired to continue making the contribution I make and helping other women entrepreneurs to stay the course.

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1 Comment

  1. Suzen Pettit

    I love this, Jane. Your take away from David Gergen’s talk-and I’m bummed that I missed it- is exactly the fuel I need. I was actually going to call you for some insight for a women’s group that i’m leading tonight, but you just gave it to me and now I know the direction I’ll be going in. Continue making the contribution and helping other women entrepreneurs stay the course! Rah!

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