Why We Desperately Need Women In Stem

Many think pieces have been written on this and I’m sure many of you are tired of the topic but I feel it needs to be rehashed until dramatic change occurs. Last week, I had the pleasure of attending a briefing for a hackathon that is going to be held by Marie Stopes Uganda(MSU) for a reproductive health solution. During the three-day hackathon, developers will be expected to create mobile and web-based solutions to address real healthcare challenges in sexual and reproductive health. The organization’s core services include family planning; safe abortion and post-abortion care; maternal and child health care, including safe delivery and obstetrics; diagnosis and treatment of sexually transmitted infections; and HIV/AIDS prevention.  MSU are doing a lot for their mission : ”children by choice not by chance” and are looking to technology to further the impact of their efforts. Technology, always the universal enabler.

During the briefing, though there was a good showing of women, 99% of the techies present were men. I guess you are thinking gender shouldn’t matter because reproductive health is universal. And it is. But in Sub Saharan Africa, the brunt of the challenges with reproductive health lie with women. A man can sire a child and have his life continue as it was, uninterrupted. A woman simply cannot. She’s left to grapple with a myriad of issues, made even more if the pregnancy was by “chance” not choice. Whether to keep the baby? Finances? Childcare?  Nature and poor governance have deemed it so. 

I digress, back to developing solutions for family planning. See, most interventions for family planning are for women; pills, injections, IUDs and Diaphragms. Only one (thus far) is for men; condoms. Ha! Though one would think that it makes more sense to unload a gun than to wear a bullet proof vest.The biggest challenge that Marie Stopes faces with disseminating its interventions is awareness. Now, go back to the interventions and think, how many condom ads have you seen?  

How many IUD adverts have you seen? (Dear man, an IUD is an Intra-Uterine Device. Read here) Now, as a developer, it is not prerequisite to be a sufferer of the problem that I’m solving but  I should at the very least be able to understand and empathize with this problem. And men have. Their problems with their interventions for family planning are; awareness and access. Solutions have been devised. Respectively, heavy aggressive marketing on all media (heck, I follow the Durex account on twitter) and instant delivery (see this ingenious startup that delivers condoms to your doorstep)  

Women’s problems?! *crickets*

Bu then awareness is not of just family planning interventions, even just a better understanding of one’s cycle would go a long way in helping a woman gain some semblance of control of their reproductive health. Like me, most women's period is a travelling salesman, never to occur on the same day.  But imagine, even the great big Apple doesn’t have a period calculator. HealthKit, Apple's health-tracking app, apparently thinks that its female users don't menstruate. The app, which includes dozens of metrics like blood type, body temperature and exercise, does not have a single way to track one's period. This is befuddling because the IOS operating system is preferred to Android by women. How can they ignore something so essential for women?

And this is not just about reproductive health. Every sector is lacking in technological interventions that can make a lot of women’s lives easier just because women are not at the table. Watch here as Chris Sacca, a famous VC talks about how he almost passed up an opportunity to invest in a hair services startup because he didn’t see value in it. He only appreciated it’s value after his wife told him how much she spent on her hair in a month. Then he saw the hugely untapped market opportunity sitting right in front of him. So, from healthcare, beauty, retail, manufacturing in fact all sectors, there are pain points (I like to call them opportunities) that only women can see.  And for these to get the attention they require, we need women to sit on development teams for these solutions. Unlike the saying that goes that you can only know an experience unless you have walked a mile in the other person's shoes, there are some experiences you simply cannot know by proxy. For example, I can never know or even understand the discomfort of an erection. I can try but I cannot even imagine it.

Like my mother likes to say, if men had to go through child birth, they would have found a way, a long time ago to deal with the trauma of it. Technology can and should solve many of women’s problems but we need women at the forefront to get anywhere with these endeavors. Women need to have easier lives because then we can be happier and inadvertently, everyone else will be happier. Happy women, happy homes, happy earth. We need more women in STEM. Desperately.

On Women, Business and the Society

Compared to other regions of the world, sub-Saharan Africa has the highest number of female entrepreneurs. These women are mostly owners of small businesses and local community shops serving the unmet needs of their homes and consumers. This reshapes the incorrect perception that African women have marginal input in overall economic output.

But for all this input, women are still getting the short end of the stick, Women do 66% of the world's work but earn 10% of the world's income yet they reinvest 90% of their income into family & community. There’s a famous meme that say that if wealth was created by working hard, all African women would be millionaires. When women have access to opportunities and resources, we all benefit. So then if business is about creating wealth and opportunity, why then are we shortchanging women?  Even though legal gender parity has improved around the world, major differences persist. Many laws continue to prevent women from improving their own well-being and that of their families by working or running a business. According to the Global Gender Gap Report 2014, inequality in economic participation and opportunity “lags stubbornly behind” areas like education. Women’s work is undervalued and women face barriers to owning property or getting into business.

As President Obama famously said during the Global Entrepreneurship Summit earlier this year, “If half of your team is not playing, you have a problem. In many countries, half of the team is women and youth.” So how do we get the other half of the team to play? Because empowering women should not be charity. It is an investment with returns for any business and the society at large. Equal opportunities for women in business and the workplace depend on a miasma of economic, social and cultural factors. For example, there is evidence that women lag behind men in technology adoption owing to the high costs of acquiring and maintaining new technologies, as well as the lack of information and training. If they are unable to adopt new technologies, women are prevented from expanding their businesses because, for example, existing distribution systems may be unable to handle higher turnover.  Women also cannot migrate as easily as men to towns and cities where training in new technologies is more available. They then have the added responsibilities of caring for children and the elderly as the primary caregivers.

With this in mind, Zimba Women was founded to pursue inclusive market systems initiatives that can empower women and create more benefits for women and men, their families, and the whole of society. Our mission is to enable empowerment and development for women entrepreneurs in Africa by providing access to digital platforms that provide affordable market accessibility and capacity building. In this way we achieve our goal of adding value to women owned businesses using technology and thus making them more sustainable. And when women win, we all win!

“Women are powerhouse entrepreneurs. When women succeed, they invest more in their families and communities.” – President Obama. 

On Startups; From Ideation To Exit...MWF Chronicles V

This week we had what I will term as the most thought provoking session for me. KP Reddy, and amazing serial entrepreneur was invited by Duncan, one of the faculty to give a presentation on startups. He started his first business at age 19 and by 27 he had grown his startup to a publicly listed company. At this point, he handed over the reigns and took off 3 years. In this time, he was growing his own food and doing yoga everyday (Yes, seriously) 

Currently, the techie turned investor and speaker is highly sought after due to his candid counsel to both startups and Fortune 1000 companies alike, he has been requested by organizations such as IBM, Coca-Cola, UPS, Cox Communications and Autodesk. K.P. has spoken at universities all over the U.S. including: Harvard, Georgia Institute of Technology, Vanderbilt, Stanford, Emory, San Jose State, University of South Carolina, and Cleveland State.

Innovative and witty, K.P. speaks to leaders with intriguing topics such as: Your Culture Sucks Because You Suck, Why Big Companies Can’t Innovate, Disruption Is Not A Marketing Campaign, Why You’re Not a CEO, Yet… and Why Every Recent Grad Should Work at a Startup.

In 2012, K.P. published BIM for Building Owners and Developers, a book on the adoption of advanced technology in the infrastructure space employed by leading companies and universities.

K.P. is also startup Catalyst, helping organizations accelerate through coaching and programs such as: Startup Weekend, Customer Discovery Classes, Accelerators and Hackathons. These can range from one day to six week cohorts, depending on your needs and timeline.

From this session, I was able to see clearly what I’m doing right but most importantly , what I’m doing wrong and how I can start to correct it. I wished that my co-founders and all the startup founders from my eco-system were there. There were so many take-aways and here’s a few of the gold nuggets that K.P shared ;

1.Be an expert in a field of study. Find something that you are really good at and become king at it. Whether it is a particular form of technology, marketing or finance subject. For example, you should be able to say something like, “I’m among the top 5 experts in cryptocurrency transfer services among the unbanked in sub-Saharan Africa.” For you to achieve this, it means you have to dedicate an insane amount of time to reading and research. You should achieve top of mind status for your field.

2.Don’t rush and quit the day job; Learn new skills first to de-risk yourself. Secondly, learn about the market you want to enter to de-risk the business. You have to be realistic based on the experience you have, because this is what drives results. DO NOT QUIT UNTIL YOU HAVE A PLAN.

3.Build your equity; Ideas are a dime a dozen, they do not matter. You cannot base your equity on an idea. What matters is deliverables. What have you done with your idea? Have you documented your work? Before you go out hunting for investors, have you done your own due diligence? If any mistakes are to be made, make these on your own dime. Realize that some ‘founder’ have unfair advantage, be it a degree (and hence connections) from Stanford or celebrity status. Find a unique way to compete.

4.Capital; Capital is not to be used for founder salaries or exploration of business models. Capital is essentially meant to be used to build production platforms and to scale sales teams that a utilizing a proven methodology. Do not raise capital to a “dead end.” You must always know how much total capital is needed to execute on your plan. Your gross margin must be able to support your cost of capital. For early stage investment, you need to have revenue to validate the customer need. Think of capital as a highly structured supply chain.

5.Start with the exit in mind. This was my biggest takeaway. I am essentially building a business to handover to my children and all this talk of exits that is trending has had me worried for a while. I do not want to sweat blood and tears all for some guy in a suit to come and slap a value to my work and walk away with it.I expressed this to Reddy and he allayed my fears. An exit doesn’t always mean selling your company off to some huge corporate investor. An exit strategy can be handing over to the next generation. Do not build a company around yourself. It should be able to exist successfully in your absence. This for me was key because most successful businesses in Uganda collapse soon after the death of the founder. And it is because of this very reason, not having the end in mind so there is no business continuity plan set up. I am glad that he emphasized that we should always be cognizant of this fact.

I got such deep insight for my startup and I can’t wait to get back home and start implementing what I learnt.