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Dear friends,
Last month, with the support of a network of experts across the globe, we hosted a Business Clinic to provide individualized advice to our alumnae community around their most pressing business challenges. While the challenges presented fell into a range of functional areas, the underlying theme of financial management cut across conversations.
From retaining talent to closing sales, securing loans to navigating currency fluctuations, negotiating with vendors to growing the business sustainably, the normal challenges faced by entrepreneurs —and even more acutely by women entrepreneurs— have certainly been exacerbated by global economic conditions and rising inflation rates.
As we close out 2022, it's important for us as individuals and business owners to consider our financial health. Despite the recent economic turbulence, there are strategies that women-led small and medium enterprises (WSMEs) can leverage right now in order to make sure they're ready for whatever 2023 may bring.
This month’s newsletter discusses tactics on how businesses and individuals alike can be mindful with their spending habits and features a personal story from AWEC Alumna Atinuke Adegboye, whose journey through job loss could have cost her marriage and mental health but instead spawned an inspiring career pivot into financial consulting.
And with this dose of positivity and actionable advice on how to achieve financial health, we’ll close out the calendar year by sharing our appreciation for your ongoing support and engagement with AWEC and wishing you health (financial, physical, and mental) and happiness in the new year!
P.S. In case you missed it, we launched our #ShePowersAfrica end-of-year giving campaign earlier this month. Please consider making a donation to support our programming— it has a huge impact on our fellows, alums, and their extended networks!
Cheers to 2023,
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