Episode Transcript
Transcripts are displayed as originally observed. Some content, including advertisements may have changed.
Use Ctrl + F to search
0:00
I'm David Grosso, and you're listening to
0:02
follow the profit Today,
0:09
I'm following the profit. We're going to talk about women
0:11
and entrepreneurship. Women, of course,
0:13
have faced the wrath of the pandemic,
0:15
having to stay home to take care of their children
0:18
and getting back to work, at least physical
0:20
work hasn't been easy for them, and many
0:22
of them are taking the plunge and starting
0:24
their own businesses. Here to talk about
0:27
women's entrepreneurship is the founder
0:29
of Women's Entrepreneurship Day, Wendy
0:32
Diamonds. She's also the founder of Animal Fair
0:34
Media. How you doing, Wendy, fantastic?
0:37
Thank you, David, thank you for having me on. I'm
0:39
super excited to talk about this topic. It's
0:41
a very important topic, so
0:43
Wendy, right now, the labor shortage
0:45
is the biggest thing we see. You got to a restaurant,
0:48
you got to a shop and there's nobody
0:50
working there, and a lot of people
0:52
say that has a lot to do with
0:54
the landscape women are facing because
0:57
of the pandemic. Tell me what's it been
0:59
like to be a woman through the pandemic.
1:01
Well, first of all, you know, like when you look at
1:04
the history, right, I mean, women
1:06
in the workforce number one
1:09
have been like you know, underfunded,
1:11
upper underrepresented, all the unders
1:14
And you know what I believe is really
1:16
what's happening here as we've saw
1:18
during covid as, like women
1:21
and minorities have been really mostly
1:23
affected during this time. So,
1:25
you know, when you look at entrepreneurship,
1:28
it is so important that
1:30
we empower women because the fact is, you
1:32
know, when women, when they earn
1:34
money nine, that money goes to educate
1:37
their children and provide for their families, which uplift
1:39
the entire communities. Right, And that's
1:41
the basis for me creating Women's Entrepreneurship
1:44
Day in two thousand and thirteen, you know, because
1:46
at that time only one percent
1:48
of venture dollars we're going towards women founders.
1:50
So I think what we're seeing right now is
1:53
just this effect and we've just seen you
1:55
know why it's so much it's
1:57
so important to actually enable
2:00
women to have more access
2:02
to you know, employment, but
2:04
also you know in c suite
2:06
you know, positions as well as boards,
2:09
because when you look at all the data and all the figures,
2:11
it shows how profitable companies
2:13
become when they do that. Yeah,
2:17
you know, one of the things that's really interesting right
2:19
now is that child care is a major
2:21
issue. And of course we want women to have
2:23
children because you know, to
2:26
be here today, yeah, exactly,
2:28
we all depend on women or for her
2:30
to reproduce ourselves. But child
2:33
care is really expensive, to the point that many
2:35
people stay home because it's
2:37
just too expensive to work. How
2:39
can we change that, Well, first of all, it's
2:42
hard. You know, first of all, it's expensive. Right
2:44
to have children, to have pets, to have anything
2:47
is expensive in this world. And that's where I think one
2:49
of the things with COVID is that women
2:51
now are able to stay home and we realize we
2:53
can do and you know, it's very
2:56
fruitful for women to actually stay home because
2:58
then they can still take care of their children, right.
3:01
And so I think that a lot of the bigger companies are
3:03
also enabling that UM to
3:05
have people partially work from home,
3:07
etcetera. And then there's a lot of government
3:09
subsidies that we have seen, especially in New
3:11
York, you know, which our new governor
3:13
Kathy huckle has put in place
3:16
right that enable affordable
3:20
UM childcare. And
3:23
it depends on right because
3:25
you know, each state, each government, each city
3:28
have their own budgets and they can allocate those
3:30
dollars towards that. So
3:32
tell me about you. So how did you get
3:34
into the space, because you know, you could just
3:36
be a working woman and just fade into obscurity.
3:39
What made you speak up on these issues? You
3:42
know, I've been an entrepreneur in my whole entire life.
3:44
You know, I graduated from college, send a three
3:46
d resumes and literally I didn't
3:49
get one callback, you know, to get a job. So
3:51
I had to become an entrepreneur, like at
3:53
the start of my career. So I've been
3:55
an entrepreneur in my whole life. I've
3:58
solved difficulties as being an trepreneur,
4:00
as starting a new business many times in
4:02
my career. And when I ended
4:04
up you know how I created Women's Entrepreneurship
4:07
Day organization was in two thousand thirteen.
4:10
I ended up in Honduras on vacation,
4:12
not realizing it was the murder capital of the world.
4:14
And when I got there, I was at this boutique
4:17
hotel and I was getting able to leave
4:19
the hotel because it was so dangerous. Right, all
4:21
the drug dealers that were in Colombia actually
4:24
moved to Honduras. So that's why it's the murder
4:26
capital of the world. And Columbia is really safe right now. And
4:29
so when I got there, when I was watching
4:31
birds with all these people that were
4:33
from England that we're willing to watch birds
4:35
for, you know, literally all day, and we're willing
4:38
to risk their lives. And I said to the
4:40
founder of the hotel, I said, oh my gosh, if I
4:42
watch another bird, I'm gonna go cuckoo
4:44
myself. And he's like, you know, I know his organization
4:47
that gives micro loans to poor women. Why don't
4:49
you go check it out. I know the development director.
4:52
It's truly safe. Why it's
4:54
you know, and you'll see beautiful country side of it, like Honduras.
4:57
So I was like, sure, you know, I'll go. And
4:59
that's where I went on this journey. And
5:01
this woman who was the development
5:04
director of this organization called Adalante,
5:06
which was providing micro loans to poor
5:08
women in this little community called
5:10
the Sable, which was a very dangerous community
5:12
in Honduras. And when I got there,
5:15
I met this one woman. She was seventy
5:17
two years old and she had three little kids,
5:19
and I'm like, oh my gosh, this is like a
5:21
miracle. How do you have these three little kids? And
5:24
she said that her daughter actually passed away
5:27
and the husband ran off and she was responsible
5:29
for her three grandchildren. And so
5:32
Adalante, this organization that I was there
5:34
with and I was learning all about the statistics of women
5:36
and the whole thing provided her
5:38
a hundred dollar micro loan and literally
5:41
she took that money, opened up a
5:43
window in her one room hot with
5:45
the dirt floor where she lived with those three grandchildren,
5:47
and started selling cokes and toothpaste, and
5:50
literally she was able to make enough
5:53
money to pay a dollar a month for those children
5:55
to go to school. And that's when I was
5:57
just like, whoa this is in each story in
5:59
this little community that I spent, I
6:01
was the same thing, and I was just like wow. And
6:04
the statistics worldwide
6:06
show that these women are paying
6:08
back these micro loans at a rate,
6:11
right, And as I mentioned before, goes
6:14
to educate their children, provide for their families.
6:16
Right. And when women are empowered in
6:18
business, they have self confidence, in dignity.
6:21
They don't allow human rights, but you know, violations,
6:23
right. And so that was what triggered
6:25
me when I came back to New York. I was
6:28
like, wow, you know when I started doing
6:30
some research, women entrepreneurs and women
6:32
in business was not really highly
6:34
talked about at all in the media, and
6:37
very few people were really like very
6:39
few um companies were having
6:41
initiatives to swore women, et cetera. So
6:43
that's why I knew I should create a day in the world,
6:45
because if I created a day, I could create the conversation,
6:49
right And that's when I went to our governor at the time, Cuomo,
6:51
and I went to Mayor to Blasio, and I went
6:53
to US Congress and I said, could we
6:56
proclaim Women's Entrepreneurship
6:58
Day on November nine teeth, And
7:01
that's how we launched Women's Entrepreneurship
7:03
Day. And then I went around the world to everybody I knew
7:05
and asked in their country, who
7:08
you know, who is somebody in the country, what
7:10
what women can bring governments, business
7:12
leaders, civil society together to collaborate to
7:14
find solutions to uplift women in business.
7:16
And that's how women was
7:18
created. So this
7:21
is very interesting, right because this goes into
7:23
another very time issue we have right now. I've
7:25
been to mud US. You know, I'm a Spanish speaker
7:27
and whatnot, but we have a lot of migratory
7:29
pressures on our southern border, and really
7:32
no one really talks about how empowering female
7:34
entrepreneurs can help these countries solve
7:37
a lot of their problems. I
7:39
mean, we tend to think of immigration
7:41
as just a very isolated issue, but it's attached
7:44
to female entrepreneurship because
7:46
in countries where females don't
7:48
have access to employment, right, a
7:51
lot of them leave, right in countries
7:53
like Hondurans. So why don't
7:55
we think about things holistically like that,
7:57
Like, female entrepreneurship has a lot
7:59
to do with how well a country is doing
8:02
at any moment. Well, you know, it's it's
8:04
like this, right, giving a hand
8:06
up, not a hand out, right,
8:09
And you know women want to be empowered.
8:12
They you know, when they earn money. As we know, the statistics
8:14
show that the whole
8:16
community becomes a better place. Right. And
8:19
when you think about, like how the ripple effect
8:21
and if we want to create systematic change
8:23
in the world, we need to embrace everyone
8:26
from the ground up. We can't just be doing
8:28
this lean in c suite executives lean
8:30
into each other, right, because that's never
8:32
gonna bring those that's never gonna you know, change
8:34
the world what's going to change the world
8:37
if we enable everyone to understand
8:39
why it's so important to empower women
8:41
in business, and that's going to change
8:43
the game. Because like as you see,
8:46
you know, like with Mayor Garcetti in Los Angeles
8:48
for instance, where you live. I mean, he's one
8:50
of the greatest mayors that you've ever worked within our
8:52
movement. I mean he every year
8:55
dedicates grants in their budget to support
8:58
female founders. Every
9:00
year he creates these whole initiatives
9:02
to support and enable them education
9:05
on how to start your own missins and resources
9:07
right, And I think that's the key
9:09
to everything, is about education,
9:12
but it's also providing opportunity.
9:15
And I think that when you look at you know, all
9:17
these like developing nations, including
9:19
you know, what you're seeing right now in Honduras and what
9:21
you're seeing in l Sale, but are in all these different places.
9:23
And this kind of goes into a whole other thing is
9:26
you know, I believe in cryptocurrency,
9:29
and I believe in what bitcoin
9:31
was created for and I'm I
9:33
believe personally that and it's kind of similar
9:36
to what our foundation was based upon, you
9:38
know, was you know, after the two thousand eight housing
9:41
and financial crisis. You know, the smartest
9:43
people or the one smartest
9:45
person came together, right and
9:47
created this name Satoshi to
9:50
bring out the most high integrity,
9:52
deflationary financial instrument
9:55
to enable the two and a half
9:57
billion people unbanked financial
10:00
empowerment and inclusion. Right, And
10:02
you know this is where you know, we talk about
10:04
what's going to happen in this world. Is
10:07
I believe cryptocurrency is another
10:10
you know thing that's happening in Venezuela where
10:12
our foundation is huge in Venezuela,
10:15
you know, and I see what's happening is
10:17
that the new technologies are gonna
10:19
be the way way out of poverty.
10:31
So you see cryptocurrency as an alternative
10:33
to government currency. Why is that important
10:36
to female entrepreneurship? Is it? Is it because
10:38
banking definitely has a male bend
10:40
to it? Well, I mean
10:42
yeah, you could say that, you know what I mean, And
10:45
I'm not a male badchor I love men, right, Um,
10:47
But you know, I think when you know, when you look at it,
10:49
I think you you see the fact that
10:52
we need to enable everyone
10:54
financial inclusion. You know, we are
10:56
a capitalist world. We need to pay
10:58
our rent, we need to pay for food, right,
11:01
and who's more likely to where
11:03
they who's more likely to put that money, right
11:06
is women? You know, women are paying back
11:08
like for instance, micro loans in this world, and in
11:11
rate men's a lot lower, right.
11:14
So I think when you're looking at cryptocurrency,
11:17
it's enabling whether you have a mobile phone
11:19
or a footphone, you still will have access
11:22
and and to have financial inclusion,
11:25
right, And that's what I think is very important
11:27
in this world, and I think that's what's going to change
11:29
the world. So
11:31
tell me a little bit about your work in
11:33
Afghanistan, which of course, sadly has been
11:35
in the news since the US you know kind of cut
11:38
and run and we've seen progress
11:40
for women in that country roll backward.
11:42
What type of work are you doing in that country? Okay,
11:44
So you know our foundation has bid since two thousand
11:47
fourteen in you know, Afghanistan,
11:49
and the person Manitza who is represents
11:52
our foundation is actually the founder
11:54
of the Women Chamber of Commerce in
11:57
Afghanistan based in k So
11:59
we you know, have been very aware of what's going
12:01
on. And one of the initiatives that we've done this year
12:03
is part of Women's Entrepreneurship Day this year
12:06
is we partnered with the company
12:08
that I have to admit I'm personally
12:10
invested in this company called open Grants,
12:13
which your viewers should totally know about.
12:15
It's disrupting the trillions of dollars
12:18
of non deluded funding to
12:20
enable entrepreneurs and foundations
12:22
to have a seamless way to get funding, you
12:24
know, you know, whether they're in the medical field,
12:26
whether in you know, the technology field, etcetera.
12:29
Trillions of dollars are available of non
12:31
deluded funding. So we've we partnered
12:34
with open Grants because they're actually
12:37
you know, part partners with Stellar,
12:39
which is one of the top twenty coins. And
12:42
what we're doing is we're funding
12:44
a hundred thousand women in Afghanistan
12:47
with crypto. And what we're doing
12:49
is and so in Afghanistan right now,
12:52
there's forty million people. Right, not everyone
12:54
is lucky enough to get on a plane and come to the United
12:56
States, right, you know, people need to still
12:58
survive there. And so what
13:01
we did is we created an initiative through
13:03
with open Grants, which is pretty traceability
13:06
and transparency right
13:08
on the blockchain. So when one
13:11
donates to this problem, you know, to this
13:13
project, they're gonna be able to follow the women
13:15
in Afghanistan. We've in
13:17
in Afghanistan right now, forty million people,
13:19
twenty million of them have mobile bones. Of
13:22
the twenty million, we're guessing basically
13:24
about five million or women. Right.
13:27
So what we've we've put into effect
13:29
is that we're gonna be funding a hundred thousand
13:32
women. It's gonna start testing it next week and
13:34
we're gonna be testing it and then all the end, if they
13:36
have a flip phone or a mobile phone, they
13:38
can download the wallet. It's all k YC.
13:41
It takes about three minutes for them to basically
13:44
download this and then we're going to give
13:46
them starting off when ten dollars
13:48
each, So like, give up your Starbucks coffee,
13:51
your dessert, get out of it and donate
13:53
ten dollars and that's going to enable them
13:55
food for a week. So KYC
13:58
know your customer, you you went and oh
14:00
you're a customer. We're not giving it. We're not giving
14:03
it to the Taliban, We're not giving
14:05
it, you know, we're not giving it, you know, to any nefarious
14:07
acts which everybody a lot of people think about,
14:09
you know when they think about cryptocurrency, right,
14:12
and so um, this is what the whole
14:14
project is And what's
14:16
really great about it is you're gonna know who you gave
14:18
your money to. You can follow them on Instagram,
14:21
you can follow them on social media. And
14:23
we partnered with three organizations
14:25
in Afghanistan, so we have this whole
14:28
network of women's groups. You
14:30
know, It's like I had so much fun. Like every
14:32
time I read an article and I read somebody who's
14:34
going you know, who's marching to you
14:36
know, enable you know, girls to have education,
14:39
and I see their name, I like stock
14:41
them and I find them on like Instagram and I
14:43
text them and I'm like, hey, do you want to be part of this? Could
14:45
we give all your you know, your Women Fighters
14:47
of Afghanistan that's one of the groups. Um
14:50
and and I'm like, hey, come on, let you know, do you want
14:52
to be part of this? And you know, we bring on all
14:54
these small little groups in Afghanistan, like
14:56
they have two eight women part of
14:58
this group, Women Fighter of Afghanistan,
15:01
And so we bring them all on because what this
15:03
is is a perfect example of
15:06
how do we create an ecosystem
15:08
that enables peer to peer transactions
15:10
so these women do not need to rely
15:12
on the banks and stand ten hours to
15:15
get a little bit of money, Right, they
15:17
don't need to deal with their government,
15:19
right, they can just do this amongst themselves
15:22
and creating this ecosystem because
15:24
there's a lot of people that are running retail
15:26
organizations in in Afghanistan
15:29
that these women can then transact with.
15:31
But also women amongst themselves,
15:34
right, A lot of them are farmers that they
15:36
can also sell their food, etcetera through
15:38
these types this type of transaction. So
15:40
that's what this project is. And what's really exciting
15:43
about this project is if there's no
15:45
better place to do this than Afghanistan
15:47
right now, right, But once we create
15:49
this, this whole ecosystem and
15:51
creating the whole platform for this anywhere
15:54
in Haiti Uh in Lebanon with
15:56
that whole blow up, this will be an opportunity
15:59
for the world to be able to embrace this and
16:01
for people, you know, like look at our government.
16:03
We read twenty trillion dollars in Afghanistan
16:06
or two trillion or whatever was a lot of money
16:09
and like where is that? Like what happened to
16:11
that money? I mean, there's nothing to show for it. So
16:13
this is like an easy way with a
16:15
little bit of money, you can change one
16:17
woman's life and you know, with that little
16:19
bit of money, she's going to educate her children,
16:22
She's going to provide for their family, which is going to uplift
16:24
the entire communities. Because what is a mom.
16:27
A mom is an entrepreneur. She
16:30
is the entrepreneur in that family
16:33
that's providing, you know, and has to take care of
16:35
that household. Right. And
16:37
what we have to see in this world is everybody needs
16:39
to change their mental attitude to
16:42
understand that they're an entrepreneur,
16:44
that they're an entrepreneur because we all have to contribute
16:46
to society or you're not going to be part of this future.
16:49
Wendy, I love your attitude. And you know
16:51
I here in the United States, if you turn
16:54
on the media, right it's like, oh, our problems
16:56
are unsolvable, and here
16:58
you are in Honduras, Venezuela,
17:01
Afghanistan solving problems.
17:03
And then it's like, never mind the government,
17:05
we got some work to do. Why don't we hear
17:08
more about this. When
17:10
I got the idea for this, I was talking to a woman
17:12
named Sudha Sultan. You know, she's,
17:15
you know, one of the most problem She was one of the people that brought
17:17
one of the telecommunications companies to Afghanistan.
17:20
She wrote, you know, she was had an arranged marriage
17:23
in Afghanistan, you know, and that was you
17:25
know, turned out to be a disaster and all that, and
17:27
she wrote a book about it. So she's a pretty problem of it. And
17:29
when I was talking to her, I was like, wow, you
17:31
know, with cryptocurrency and with
17:33
blockchain technology, you
17:36
don't need all these different things. We can just
17:38
create this and we can just do this. Why
17:40
do we you know, there is no bureaucracy. We're
17:42
just gonna make it happen. And that's
17:44
what entrepreneurs do, right, We
17:47
just figure it out, we make it happen. We do it.
17:49
We go up and down and all around, and we
17:51
make it happen. Right. What's it a successful
17:53
entrepreneur? Someone who's passionate, somebody
17:56
who has purpose, somebody
17:58
who has persistence, somebody
18:00
who has perseverance, and someone
18:02
who's positive. You know, if we're going to go
18:04
through this life, we want to be positive and live
18:07
a meaningful life. Some
18:09
of the most successful entrepreneurs
18:12
that I've ever met and interviewed talk
18:14
like this, right. They do
18:16
business in places that are really hard to do business,
18:18
like New York and California right, or ten
18:21
times worse, you know, Venezuela and Afghanistan
18:23
right, And they say, you know what, it just
18:25
creates more obstacles. But I'm still going to finish
18:27
the race, So never mind.
18:29
They have this winning mindset, which is really fascinating
18:32
to me because again, not
18:34
to be labor at the point, but a lot of our
18:37
problems in this country, especially here in the United
18:39
States, are just like seen as unsolvable.
18:42
It's just like, oh, we can't solve this.
18:44
This is just endemic and sticky, and
18:46
it's just like it's impossible to make
18:48
it now, it's impossible to
18:50
to win. It's it's the cards are stacked
18:53
against us. Well, again, it's our
18:55
mindset, right. The way we see,
18:58
the way we think, and the
19:00
way we feel is
19:02
in our minds. So when we wake up
19:04
in the morning, we decide whether we're happy or sad.
19:07
No one makes you happy, No one makes
19:09
you don't even makes you sad except yourself. Right,
19:12
But if you can change your mindset,
19:14
and you can do that in a second, you know, you think of something
19:16
that's like so hard to do, but
19:18
at the minute you say, wait, I can do this, you
19:21
know, and and you know, like anything, it's
19:23
all in your mind. And so I think,
19:25
you know, having and being able to change your mind
19:28
quickly and to be a positive
19:30
and have a positive mindset, you
19:32
can do anything and not be scared of,
19:35
you know, and not think about fame, money, or
19:37
power, right, but that you
19:39
really want to do it. Of course, keep your day job so
19:41
you can pay for your living expenses,
19:44
in your rent and your food and all that. But if
19:46
you have a dream, you know, it's
19:48
still't worry about the things that are are
19:50
not important, and certainly fame,
19:52
money and power should not be on that
19:55
list. So
20:05
what's really fascinating though, is
20:07
that, you know, government is
20:09
now seen around the world as more
20:11
of a hindrance than help, which
20:13
is really sad because you know, government, when
20:16
when it works properly, can do a lot of good.
20:19
Why is this? Why why are we just
20:21
like and it seems like it's been twenty or thirty years
20:23
of this. I studied government professionally,
20:26
and it's like most of our graduates now
20:28
go into the private sector because it's just like,
20:30
uh, I don't want to join
20:32
that bureaucracy. And it's really technology
20:35
that is helping us, you know, break that
20:37
bureaucratic cycle of nonsense
20:39
that as entrepreneurs we've had to
20:42
endure since the beginning of time. Well,
20:44
you know, I think, you know, there's some really amazing
20:46
people in the government, right, Like you know, I
20:48
know, I work really closely with Congressman
20:51
uh, congress Woman Grace bang
20:54
right, who is one of the most amazing women
20:56
in Congress, you know, who's really fighting
20:58
for women entrepreneurs and really fighting
21:01
for the underdog, right, you know, women,
21:03
etcetera, and all that. And I think
21:05
that you know, we have to kind of embrace everything
21:07
because it's like, you know, we all need to be lived together,
21:10
we all need to work together, right. But
21:12
it's also about, you know, both sides
21:15
of educating everybody the importance
21:17
of certain things. And one of the things I
21:19
you know, with our Foundation Women's Entrepreneurship
21:21
Days about is educating the world
21:24
why it's so important to empower women
21:26
in business, right because we know if
21:28
we do that, we could alleviate poverty,
21:30
we could change this world. Right. But the
21:32
same thing it goes towards like with cryptocurrency.
21:35
I have to say, I'm very honored and and
21:37
and happy to be in this country. I think
21:39
America is one of the greatest
21:41
democracies, and it is the greatest
21:43
democracy in the entire world. If everyone
21:46
knew what it was like in all these other countries,
21:48
everyone would move here. I mean it's like, you
21:50
know,
21:52
I literally but
21:55
you know what I'm saying. It's like, are all the people here
21:57
that are like against our government? Like I you
22:00
know, you have no idea what it's like in
22:02
other countries. I've traveled to sixty countries,
22:04
I know, you know, and oh my
22:06
gosh, you're beating me, Wendy. I'm not like because
22:10
I know I'm going to everyone. But when my father died,
22:13
I made a commitment that I would go to two
22:15
new countries a year. And because of that commitment,
22:17
I ended up in Honduras on vacation.
22:20
That created Women's Entrepreneurship Day. So everybody,
22:22
I believe, should you know, take that journey
22:25
and see the world. So
22:28
you talk a lot about fame, So I recognize
22:30
you from somewhere. Where have I seen you, Wendy,
22:33
Well, I mean, you know, it's like I used
22:35
to be famous, right, So I you I
22:37
created the Animal Rescue. So one of my you know, my
22:39
first real entrepreneur thing is when
22:42
I was really young, I learned that twelve
22:44
million animals were euthanized a year, and
22:48
nobody was talking about it. Same thing like as I knew
22:50
about the women's world, nobody was talking about adoption
22:52
or rescue. So I knew
22:54
that if I brought celebrities and pop culture
22:57
to the animal rescue world, we could bring
22:59
that number of twelve million animals you
23:01
the NICT year down. So I created the very first
23:03
media company in history, UM
23:05
called Animal Fair Media, and
23:07
we created the first magazine, We created the
23:09
first pet fashion show for animal rescue. Because
23:11
I knew if you could teach everyone you could
23:14
adopt any breed, any size, any age,
23:16
we could bring that number down. And I knew
23:18
by bringing celebs and pop culture that would
23:20
change that dynamic. And if you look in history,
23:23
that's exactly what happened. I mean, at the time
23:25
when I launched Animal Fair, very few
23:27
people were There were no dogs and celebrities
23:29
and magazines or on TV. There
23:31
were maybe a few, maybe one or
23:33
two advertisers that had a dog in their ads
23:36
right. And I so, you know, ten
23:38
books, out, five TV shows,
23:40
the three Guinness World Records, a wing named
23:42
after my dog at the Humane Society of New York.
23:45
Millions of dollars raised for animal rescue primetime
23:47
show on CBS on the Today's
23:50
Show once a month, So can you tell me the name
23:52
of that show. It was called Greatest American
23:54
Dog. It had one season, right, and
23:56
it was a it was literally
23:58
on CBS primetime show.
24:01
And then I got a stalker. Um.
24:03
I got a crazy, mentally insane
24:06
woman that created fifty anonymous
24:08
email addresses to do aim and slammed for me. That ruined
24:10
my whole entire life. And that's how
24:13
I had the time, uh, you know, to
24:15
take care of my father at the end of his life, and
24:17
that's how I ended up going to Honduras
24:19
and creating this whole new life. So
24:23
what's funny is my media career
24:25
was also changed by animal
24:27
rescue. My first big bombshell
24:30
was working in local news and Texas
24:33
in a town named Amarillo where
24:35
the local shelter was putting down more
24:38
dogs and cats than the entire state of Colorado
24:40
at the time. So we share that in common,
24:43
Wendy, and I think people don't realize
24:45
that the youth and Asian numbers around the
24:47
country have come down dramatically.
24:50
So thank you for your work in that space, it really
24:52
has initiated a cultural
24:54
change. And really the past five years
24:56
we've seen this really really
24:59
change where no kill shelters
25:01
are now the norm rather than the exception.
25:04
No, I agree, I agree in cities are basically
25:06
saying no more selling of
25:08
animals, which I mean it is true because I
25:11
mean if we could literally and I think you
25:13
know, it goes back to what is charity? You
25:15
know, charity is it should not be
25:17
a lifelong career, right, it
25:19
should be solving the issue. So
25:22
if we could just enable all these organizations
25:24
to work together, because there's so much money
25:27
donating to animal rescue, but
25:29
if they could all come together, no animal
25:31
would ever be uganized. So
25:34
isn't it funny how efforts through
25:36
media can actually catalyze cultural
25:38
change. So what are you gonna do for women through
25:41
media, specifically through Women's Entrepreneurship
25:43
Day? What type of awareness
25:45
do you think the audience should have about
25:47
women around the world who want to be entrepreneurs?
25:50
Well, you know you see it right, because
25:53
I knew like to create the day, you would create
25:55
the conversation. So you see, now
25:57
every you know, every organization,
25:59
every every you know company now
26:01
has women's enough initiatives, right,
26:04
And that's what we're seeing every day
26:06
is through all the different work that people
26:09
are doing. You know, you you see now
26:11
more than ever the importance of
26:13
women, right, Like you see like even on
26:15
Shark Take. You know, there's days where they
26:17
have more women than men, right, and
26:19
you see that, you know, different shows now
26:21
that you know Reese Witherspoon's are doing with our new company,
26:24
you know, just showing how important women are
26:26
in our society. So I think that
26:28
every you know, every little bit that everybody
26:31
takes to understand why
26:33
it's so important is the key
26:35
to success.
26:37
So once next for you, So now that you
26:39
have this, how are you going to push a women's
26:41
entrepreneurship in? What are you gonna do to bring awareness
26:44
to it? So what are we doing? I mean we're doing
26:46
a lot of stuff. It's really like a lot of fun stuff. So
26:48
I'm you know again, I you know, invest
26:50
in impact. I'm part of four I'm
26:53
an LP and four crypto funds
26:55
um my goal, you know. So I'm part of block
26:57
Tower, a part of coin Fund, I'm
27:00
a part of Perceptive Capital. I'm
27:02
you know, and I'm part of Opie Crypto and
27:04
so I worked really strongly about investing
27:06
in women founders I am also
27:08
part of. I've also invested in about twenty startups
27:12
that are all about you know, another company
27:14
I'm in is called Viversity that's
27:16
disrupting the trillions of dollars of government
27:18
procurement to enable women to
27:20
have more get government contracts.
27:23
So, like you know, I'm also um invested
27:26
in Producers Market that is working on the largest
27:28
regetative farming project in the entire world.
27:31
That's a pilot program in India with six
27:33
million farmers that had a high suicide
27:36
rate and literally what they realized
27:38
was the pesticides and fertilizers was
27:40
literally causing this, like the damage to the
27:43
land, the damage to the harvest. So
27:45
the government in a in a partnership
27:48
with the United Nations Environmental Program,
27:50
they created an initiative called zb and F and
27:53
they're now they've changed all
27:55
these farmers to go to the old
27:58
ancient Indian ways of fertilizing
28:00
the land using manure,
28:03
sugarcane, and urine. Right, So now
28:06
that suicide rate went way down and
28:08
those women now are getting more for their
28:11
harvest. And that's what you know. And
28:13
the company that I have invested called producers
28:15
market is enabling this
28:17
marketplace to connect farmers
28:20
directly to retailers so that
28:22
they can earn more money. And of the farmers,
28:25
those are women, right, they
28:27
have one hector of land. Right. So
28:30
I believe in investing in what you believe
28:32
in, right, And that's you know, So
28:35
that's my goal in life, and that's what's
28:37
making it. Wendy, you're you're You're the
28:39
first crypto entrepreneur that
28:41
I've met in a long time who's a female.
28:44
It's not very cut, it's not
28:47
very common, but I'm gonna
28:49
well every day, Like I just had lunch with somebody
28:52
and this is like a huge, amazing
28:54
woman. She's like this black woman hedge
28:56
fund, she's you know, super successful New
28:58
York City, and you spent the whole conversation
29:02
about crypto and how this is literally
29:04
in five years from now, like goodbye
29:06
JP more again, goodbye you know all
29:08
this stuff, because it's true, Like if
29:10
we don't embrace this, and I don't you know, listen, I'm
29:12
not technical and I'm not even you
29:14
know, I've never even balanced a checkbook, but I
29:17
get it. I believe in this technology.
29:19
I believe how this is going to change the world
29:22
and bring gender equality and enable
29:24
women to get farther advanced
29:26
in this in this economic world.
29:29
That's really fascinating. So tell me a little bit about
29:31
your personal life. What do you do when you're not you
29:34
know, changing the world, saving animals,
29:36
promoting women and investing in cryptocurrency?
29:41
Yeah, what do I do? I do yoga,
29:43
I do I try. I go to two new
29:45
countries a year. I love life.
29:48
I love learning. I you know, every
29:51
day I try to, you know, do
29:53
something new. I love going to new restaurants.
29:56
I love hanging with my dog and my friends.
30:00
And so
30:02
how can we best? So how
30:05
do we follow you? How do we follow you?
30:07
With? Well? I you know,
30:09
I literally am the worst at you
30:11
know, if you look me up, I had millions of followers
30:14
and all that kind of stuff on Facebook. I didn't, you know,
30:16
my stalker came in right when the Instagram
30:18
thing happened. And um, but you
30:20
can follow me on social media, you'll see, you
30:22
know, I can't remember what was the last thing I
30:24
posted? Oh, I just posted something
30:27
at you know, you know, so you know, I
30:29
think it's you know, you can follow me and you can learn
30:31
about all the stuff I'm doing and you can see the
30:33
companies I support and I'm
30:36
always happy to meet anyone and help anyone
30:39
with, you know, whatever they're doing, especially women
30:41
founders. Well, Wendy Diamond, thank you for chasing
30:43
me down on LinkedIn really
30:46
think and I'm like, oh, you're so cute and you're so good
30:49
at this, and I'm like, don't forget me. Well
30:52
I was. I'm really happy we made this happen,
30:54
and you know, please stay in touch and good luck
30:56
in all your pursuits. Thank you, thank
30:59
you, thank you, and celebrate
31:01
Women's Entrepreneurship Day and December
31:03
one choose women Who. Thanks
31:11
to all of you for joining me for this episode
31:13
of Follow the Profit. Wendy was a lot of fun
31:15
and as someone who has really translated her
31:17
reality TV career into initiating
31:20
social change through cold hard
31:22
cash and investing in what she believes
31:24
in and as a reminder, she mentioned it several
31:27
times during the interview. Women's Entrepreneurship
31:29
Day is November nineteen, so
31:31
we hope you'll celebrate and
31:34
I'd like to thank my team of producers
31:36
Scott, Rob Cheyenne and
31:38
everyone else who helps me make this show
31:40
a reality. Every single week including
31:42
our executive producers Debbie Meers and
31:45
new ging Ridge. I'm your host David Grosso.
31:47
If you're enjoying the show, give us five stars
31:49
and leave us a review so that we can learn what
31:52
the show is doing well and not doing so
31:54
well. Following The profit is a production of
31:56
Gingridge three sixty and I Heart Radio. For more
31:58
podcasts for my heart radio, is it the I heart
32:00
Radio app, Apple podcast or wherever you
32:03
get your podcasts. Part
32:10
of the Ginglich three network,
Podchaser is the ultimate destination for podcast data, search, and discovery. Learn More