OVF Podcast Ep29: Donna Miller, CEO of Purse Power

Our March 2020 Pitch Presentation comes from Donna Miller with Purse Power. It's never too late to live your dream. Our dream is to make a difference for women. A few years ago the three Babcock sisters (Donna Miller, Dr. Karen Nern and Dr. Phyllis (Freddi) Pennington) were on vacation in Miami. We were discussing our frustration with the lack of women in senior leadership positions and the 1 out of 4 women impacted by domestic violence and/or sexual assault. Our mother was a brilliant, beautiful nursing professor, author and activist who was also a survivor. All three of us have MBAs and two are medical doctors. Our mother raised us to be strong, independent women. Her battle cry was “To whom much is given, much is expected.” We have all taken this to heart and want to make a difference in this world. Even though women make between 73-85% of all purchasing decisions, have trillions of dollars in spending power, control 51% of the private wealth and make or influence 67% of investment decisions, we hold less than 5% of the CEO jobs and around 21% of the board seats. The gap between our spending power and our representation in senior leadership is indefensible particularly since research has proven that companies perform better when there are more women in leadership roles. When we began to discuss what could be done to drive positive change, we realized that the power was already in women’s hands. If we could get women to use their enormous economic power to buy from companies that actively create opportunities for women, we could shatter glass ceilings in a matter of quarters rather than decades. If we could also use a portion of the proceeds to create a funding stream that supported battered women’s shelters and programs that keep women safer, we could make this world a better place for all of us. Purse Power was born. Purse Power is now working to become the primary source to find and buy from women-owned and women-led companies in the United States. We dream of playing a part in creating a day when our daughters, granddaughters, sons and grandsons can achieve their dreams irrespective of gender. Interviewed by Dennis Spielman for The Golding Group.

You can listen to OVF Podcast Ep29: Donna Miller, CEO of Purse Power online on Radio and Podcast. Open the player on this page to stream the available audio.

OVF Podcast Ep29: Donna Miller, CEO of Purse Power is an episode from Oklahoma Venture Forum Podcast by Oklahoma Venture Forum.

This episode is 4:07 long.

This episode was published on Mar 17, 2020.

Yes. Use the heart button on the episode page to add it to your favorite episodes list.

Yes. This page shows related episodes from Oklahoma Venture Forum Podcast when more episodes are available from the podcast feed.