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What Is Davos Forum 2023? How to Attend Davos and More

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The World Economic Forum (WEF), based in Geneva, Switzerland, is a nonprofit, international organization made up of prominent political, business, societal and academic leaders. Every year, the organization hosts the World Economic Forum meeting in Davos, a mountain resort in the Swiss Alps. Although Davos is the location for the annual World Economic Forum meeting, most people also refer to the meeting itself simply as “Davos.”

If you are even a little bit familiar with the World Economic Forum, you probably also know that it is notoriously difficult to get into its conference. So, who actually gets to attend Davos? In this article, that question, and everything else you need to know about the conference will be addressed.

Related: Why Every Entrepreneur Should Attend Davos

What is Davos, exactly?

The annual meeting in Davos brings world leaders together to discuss a variety of global issues and potential solutions for those issues. Participants address critical concerns including wealth management, climate change, gender equality, mental health, venture capital and much, much more. These global issues are discussed via sessions, speeches, lectures, special addresses and impact panels. According to the official World Economic Forum website, the main purpose for Davos is for leaders to collaborate as they “share insights, gain fresh perspectives, and build problem-solving communities and initiatives.”

The theme for the Davos 2023 is “Cooperation in a Fragmented World.” This year’s Davos agenda consists of crucial topics, and the event’s description reads as follows: “From energy to food to humanitarian relief, where are the concrete opportunities for progress on urgent global challenges despite the strong tides of geopolitical and geo-economic fragmentation?” This year’s event is taking place from January 16-20.

Can anyone attend Davos?

No, not just anyone can attend the conference. Davos is an invitation-only event. The World Economic Forum itself is funded by the (approximately) 1,000 members of the organization. The list of members is made up of the biggest global companies, and the CEOs of those companies are among those who are invited to Davos.

Other than the organization’s members, invitations to Davos are also given to notable politicians, civil society representatives, world leaders, business leaders, religious leaders, academic leaders, journalists, investors and celebrities. Typically, the event draws about 3,000 attendees each year. Davos is free for all WEF members, but individuals invited as a company representative reportedly pay around $28,000 USD to attend. Past non-member Davos attendees include former United States President Donald Trump, Swedish environmental activist Greta Thunberg, singer Elton John and actress Cate Blanchett.

Although Davos is a highly exclusive event, the World Economic Forum insists the annual meeting is not secretive. More than 1,000 media representatives will attend the conference to cover it, and the World Economic Forum’s website also confirms that more 150 sessions will be live-streamed online. A dedicated website is also in place to report the biggest highlights from the event. The WEF will also be posting much of the action from Davos on Twitter (@wef and @davos). You can also follow the action using the official meeting hashtag, #wef23, on Twitter, Facebook, Instagram and LinkedIn. Additionally, WEF’s official YouTube channel will post the live-streamed sessions and videos.

Related: 6 Wise Success Tips From Top Leaders at the Davos Forum

Why is Davos so important?

The importance of Davos primarily lies in the fact that the conference provides a platform for leaders all over the world to address urgent global problems and work together to generate ideas and solutions for how to improve the state of the world at large.

The World Economic Forum declares in its mission statement, “We believe that progress happens by bringing together people from all walks of life who have the drive and the influence to make positive change.” Davos is an opportunity for thousands of voices and perspectives to come together to dissect how progress can actually be made every year. Davos is also an opportunity for participants and attendees to get the attention of global leaders. Furthermore, the issues and topics highlighted at Davos are incredibly diverse, having sparked conversations about everything from capitalism, the environment and mental health to arts, culture and so much more.

Past Davos meetings have shown proof of this progress and the importance of the conference, too. For example, after 2019’s conference, the WEF, World Bank and Red Cross partnered to invest in fragile economies using private-sector capital secured at the conference. Following another previous Davos meeting, a charitable organization known as The Wellcome Trust pledged $260 million over five years for mental health research — specifically, research going towards a better understanding of depression and anxiety.

Besides the focus on “cooperation in a fragmented world,” Davos 2023 will also address resilience, inclusion and diversity, as well as sustainability and the space economy. So, although it’s not possible for just anyone to attend Davos, the public still has plenty of opportunities to keep up with the discussion on these important topics listed above via social media highlights. And although Davos is only held once a year, its impact is extraordinary as it brings the world’s most pressing issues to light as leaders collaborate for solutions. Keep your eyes and ears open to see what all comes out of Davos 2023.

Related: How SRK Championed the Cause of Women Emancipation at Davos

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10 Things Every Working Woman Should Do This Year

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Opinions expressed by Entrepreneur contributors are their own.

Self-care has become an all-encompassing term that has strayed from the importance of everyday commodities that keep us in good health and spirits. Though pampering and “treat yourself” moments still have value, here are ten ways to invest in yourself to produce long-lasting, positive results.

Related: 8 Self-Care Tips From Wildly Successful Entrepreneurs

1. Put money into a 401(k)

It’s never too early (or too late!) to start saving for the future. Depending on your employment status, there are different retirement savings accounts. 401(k)s are the most common since these are employer-sponsored and often come with an employer match. However, freelancers also have options, such as a SEP-IRA or a high-yield savings account, to put away extra, tax-free dollars for retirement.

2. Schedule a health checkup

Self-care first includes taking care of your physical health. It’s easy to discredit regular checkups when you’re feeling healthy, but make this the year to get your blood work done. It creates a baseline for your health to identify areas needing improvement or extra attention.

Also, choose areas in your life where you can make small changes. Improving your health doesn’t always mean a drastic overhaul; it may be as simple as drinking more water or adding an extra 30 minutes of exercise to your day.

Related: 3 Key Tips for Optimizing Your Physical Health as an Entrepreneur

3. Review health insurance benefits

Many people with health insurance aren’t sure exactly what it does and doesn’t cover. If you’re unsure, talk with your HR representative or your health insurance provider to get an overview of deductibles, co-payments and other supplemental benefits you may not be aware of. Then, decide if the health care plan makes sense for your current lifestyle.

Are you paying for benefits you don’t use, or do you need additional benefits that aren’t covered? Selecting the right plan will help ensure you have what you need without paying the extra expense for anything you don’t.

4. Ignite your curiosity

Maintaining healthy cognitive functions through new pursuits gives a boost to the brain. Get curious and find what speaks to you. This can be anything from exploring local museums, embarking on different hiking trails, learning a new language or reading more books.

There’s no limit to what you can do, and these activities can ignite more creativity and motivation in your work. While it may be helpful to look to others for inspiration, make them enjoyable so you’ll want to make them a regular occurrence.

5. Prioritize mental health

Mental health has been at the forefront of people’s lives over the past few years, as many have experienced burnout. We often equate productivity with a value that drives us to go beyond our means and leads to anxiety, stress and depression. Take note of your everyday stressors and see how to reduce or eliminate them. Then, replace them with relaxing outlets that allow you to recharge.

There are various ways to prioritize mental health, from practicing positive self-talk to meditation to scheduling an electronics-free day. You may have to try different solutions before you find one that fits.

Related: 5 Ways to Protect Your Mental Health as an Entrepreneur

6. Implement good sleep habits

Consistent sleep is one of the essential factors of good health but one that is often overlooked. For many, it can be challenging to wind down from the workday. Therefore, you must “train” your body to prepare for sleep by getting into a nighttime routine.

Create a sanctuary for yourself to improve your sleep habits. Enjoy a soothing cup of herbal tea, perform a skincare routine, and snuggle in with a good book rather than scrolling through your phone. Additionally, ensure your bedroom is dark and cool for ideal sleep comfort and turn on soothing sounds if it helps lull you to sleep.

7. Try something new

What have you wanted to try but have always held back? Maybe it’s public speaking or contributing to a blog. Whatever “new” has been on your to-do, make a plan, schedule it on your calendar and go for it. It’s common to hold back from these activities due to fear of the unknown or failure, but trying new things helps create confidence and can be the catalyst you need to push you to the next level.

8. Learn to set boundaries

Boundary setting is crucial to relationships yet can be difficult to master. It doesn’t always involve simply saying no to people’s requests. Instead, it requires protecting your own values when people violate them. Setting boundaries may mean spending less time with certain people, removing yourself from toxic situations, or declining invites to events that don’t improve your life. Explore areas where boundaries will help you grow, and keep in mind growth itself is a work in progress.

Related: How to Set Boundaries to Build Thriving Relationships

9. Spend quality time alone

Learning how to enjoy time spent alone is a valuable gift. We are inundated by a false sense of connection through the internet, which often makes us feel lonelier than ever. Then, we overschedule our calendars to make up for human connections, only to feel drained afterward. Slow it down and plan a few solo dates a month to see how it feels to be truly present with yourself.

For those who aren’t used to spending quality time alone, it can feel awkward and uncomfortable initially, but these stem from your own perceptions. Take in a matinee, sit in a coffee shop and read, or enjoy a concert or event you’ve wanted to attend. Alone time has been linked to improved stress management and greater life satisfaction, so it’s worth trying to give yourself more time.

Related: Turns Out, Those Who Like Being Alone Can Be More Creative

10. Get active

Getting active can take on several directions. It can be physical, emotional or spiritual. The point is to engage with people and pursuits that feed your soul. Whether volunteering within your community, setting yourself an exercise goal, or learning more about personal development, there are endless ways to get active and invest in yourself this year.

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Are You a Winner? How to Truly Define Winning in Your Business

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Businesses gauge their performance typically with dozens of goals and metrics. But you can’t do everything at once. The challenge is to get people focused on the one thing that’s most important right now. If it moved in the right direction, it would eliminate a weakness (or capitalize on an opportunity) and improve financial outcomes. You improve that, and you win.

However, not every company clearly defines winning. A catalog of goals can pull the organization in multiple directions and stretch finite resources. Numerous goals can inherently be at odds, working against each other and for conflicting purposes. For example, a cost reduction goal might undermine an innovation goal requiring a significant investment.

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Gen Z Is Making Ugg Boots Fashionable Again: Report

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Ugg boots, the furry, sheepskin boots that defined the 2000s are back, apparently, with spiking interest and Gen Z cachet, according to data from shopping website, Lyst.

The site’s annual quarterly report that highlights the “hottest” 20 fashion brands was released on Thursday, and, as Insider noted, Ugg is on it for the first time since the index began in 2017.

“Gen Z shoppers are breathing new life into once dormant brands … with over 1.2 billion mentions on TikTok — Ugg’s influence is undeniable,” the report notes.

The boots were also sold out of stores during the holidays, it added.

Generation Z, or people born between 1997 and 2012, has demonstrated a penchant for bringing back old technology and trends, from flip phones to “vintage” headphones with cords.

But Ugg boots go back much further — the word “ugg” is actually a general term in Australia that means boots made from sheepskin and fleece, according to the BBC.

The company that created the “UGG” boot, Deckers Outdoor Corporation, is based in the U.S. and has tried and failed to trademark the word in Australia (where a court decided it was a generic word and thus could not be trademarked), the outlet added.

The company says the boots began to gain popularity in California in the 1980s. They were first featured on Oprah’s Favorite Things in 2000 (a huge brand-maker back then) and became “cherished commodities” early in the decade, according to Vogue.

The boots later gained prominence again with a fashion movement that prioritized “ugly” clothes, and have since become an unironic Gen Z favorite, per Insider. Kylie Jenner was also spotted wearing them in November.

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