"We believe that if an idea comes to you, then you definitely have enough potential to realize it" with Olga and Natasha Vernev

"We believe that if an idea comes to you, then you definitely have enough potential to realize it" with Olga and Natasha Vernev

Olga and Natasha Vernev are a married couple from Vancouver, Canada. They left Russia eight years ago due to the active persecution of LGBTQ + people and spent three years in Southeast Asia before Canada accepted them as refugees. They both arrived in Canada hardly knowing a couple of dozen words in English, with one suitcase and their Scottish Terrier named Spielberg, to start a life there from scratch. They settled in Vancouver in March 2017 and opened their company The Great Canadian Dog Cakes in 2020.

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Building Community Through Storytelling for Women with Leslie Bailey

Building Community Through Storytelling for Women with Leslie Bailey

Leslie Bailey is a journalist and the co-founder and CEO of Indy Maven, a media company for women in Central Indiana. Indy Maven launched in 2019 with the mission of bringing high-quality content and community to the women of Indianapolis. In February of 2021, Leslie was listed in the first Forbes Next 1000 class. She is opening a co-working, social, and leisure space for women in downtown Indianapolis in the spring of 2022.

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"Know your worth" with Rebecca Rogers

"Know your worth" with Rebecca Rogers

Rebecca Rogers is a high school social studies teacher turned social media influencer and podcaster with a reach of about 3 MILLION followers across platforms. With her reach, she hopes to not only bring smiles to the struggling students across the nation but also make teachers around the world feel “seen” in regards to the unique situations they deal with on a daily basis. Above all else, Rebecca wants to show girls worldwide that it is possible to follow their dreams and create new paths for themselves in order to reach their full potential.

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"Definitely do some planning but ultimately, just go for it" with Leslie Murphy

"Definitely do some planning but ultimately, just go for it" with Leslie Murphy

Leslie Murphy, Lic.Ac. knows she has the best job ever. She is an acupuncturist whose passion is to help people reclaim their health so that they can live their best lives doing the things they love. Using acupuncture and phototherapy, she tackles the root cause of an illness so that the body can heal itself. Running her own business that helps people on a daily basis - Leslie couldn’t imagine doing anything else.

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"Don’t be afraid to invest in a mentor or coach" with Melissa MacDonald

"Don’t be afraid to invest in a mentor or coach" with Melissa MacDonald

Melissa is a mom of three, and the Etsy strategy coach behind Sweet Spot Marketing. She teaches Etsy shop owners how to earn a full-time income from their Etsy shops, WITHOUT having to put in full-time hours. As an Etsy marketing strategist & business coach, Melissa is dedicated to helping Etsy entrepreneurs build a thriving online shop that gives them the opportunity to live the life they want.

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"Every story has its writer. It is time to write yours and to be successful," with Meryam Aator

Photo Credit: Ece Turkel

Meryam Aator is the founder of L’uccèlo, a luxury Moroccan fashion brand. She is a woman entrepreneur from Morocco, where she was born and raised.

Her fashion brand is all about quality and not quantity, and she aims to create a unique and memorable brand identity by designing modern, handmade, classy, and elegant pieces by highlighting Moroccan know-how.

Can you tell our readers about your background?

After graduating from an International Business School with a French double degree, I had an incredible experience in the luxury hospitality & tourism industry in Morocco and Turkey for seven years.

I love challenges and new experiences, so I decided to start my first business as a co-founder of Parks and Parks, a successful consulting company specialized in the design and construction of leisure parks, and tourism projects. 

What inspired you to start your business?

My life took a turn when I was diagnosed with arthritis, a painful chronic disease in my back that limits my movement. It puts my career on hold.

But that did not stop me to have my new idea later: L'uccèlo, a new Moroccan luxury fashion brand.

Where is your business based?

L'uccèlo is based in Morocco, a brand only available online that offers international shipping.

How did you start your business?

My love for fashion, the knowledge of my mother who is a stylist, and a need to start a new chapter in my life after the news of my arthritis, are the reasons to embark on fashion,

It is a world where I have always known I was destined to work in. And this has been the best business decision of my life.

What has been the most effective way of raising awareness for your business?

Most of our clients discovered our brand through instagram which is a great social media tool today. We do our best to grow as a new brand and reach people’s hearts all over the world.

What have been your biggest challenges and how did you overcome them?

I strive relentlessly for perfection in my work, that’s why my biggest challenge was to find artisans who are more than good enough to achieve their work. Success does not come overnight, and here comes the importance of being patient in life.

How do you differentiate your business from the competition?

The concept behind L'uccèlo is to take Moroccan craftsmanship to the level of excellence by focusing on perfection and details.

It is also a celebration of my traditions bursting with sophistication striking a perfect balance between heritage and luxury fashion.

Each piece is produced in limited quantities, two pieces of each unique Handmade design that you cannot get anywhere else.

Our brand promises you that you will never meet anyone with the exact same outfit. So, like most of our clients around the world.

What has been your most effective marketing strategy to grow your business?

It is hard to improve a business if you do not know how your customers feel about it. The best way is to start a customer retention strategy. We always focus on our current customers by building trust with them and getting their feedback. It is the best strategy to keep them happy and engaged. A satisfied client will spread the word about your business.

What is your favorite way to decompress?

Travelling a lot is helping me to decompress and gives me inspiration. As I design the clothes by myself, I get inspired by every earth's movement.

What is your best piece of advice for aspiring and new entrepreneurs?

Today I am a woman entrepreneur from Morocco who has faced ups and downs to become an independent lady. I believe that we should be our own inspiration because everyone's situation is different. We just need to remember how strong we are, to believe in, and to push ourselves without waiting for anyone to do it for us. We must chase our own dreams and never give up. Every story has its writer. It is time to write yours and to be successful.

How can readers connect with you?

You can come to discover and follow us on Instagram & Facebook: @lucceloofficial

Instagram link: https://www.instagram.com/lucceloofficial

Facebook link: https://web.facebook.com/lucceloofficial

Website: www.luccelo.com

"It’s Never Too Late to Start Over" with Angela Jorden, ACC, BCC

After years of working in the corporate and non-profit worlds, Angela became a life coach in 2014—focused on helping people find what makes them happy, whole, and fulfilled. She now helps companies keep their best people by empowering employees to be focused, confident and productive. She helps employees get in a positive mindset, tackle behavioral issues, manage their time, and bolster their confidence.

Can you tell our readers about your background?

I spent the majority of my adult career in marketing, public relations, and writing. I worked for corporations, non-profits, and government entities. I’m from Indiana and have lived here all my life.

What inspired you to start your business?

My change in career was prompted by a nervous breakdown, in May 2013. I’d been trying to fit into a career mold that wasn’t me for years. I wanted something more meaningful and purpose-driven. I was 42 at the time. I saw a life coach and realized that I wanted to be one as well. I started Angela Jorden Coaching in 2014. For the last 7 years, I’ve been saying that my life started at 42!

Where is your business based?

Thanks to the pandemic, I am remote at the moment. My home base is Indianapolis, Indiana, though. I’ve helped a lot of Indy-based clients, but I’ve had the pleasure of working with people from global companies like Microsoft, Google and Nike as well.

How did you start your business? What were the first steps you took?

I saw a life coach, with an inkling that I wanted to be one. It became abundantly clear that it was a perfect fit for me. When I started my first coaching class, I felt like I was finally home. I’d found my tribe. To get my business started, I did all of the “un-fun” things first—like forming an LLC, filing with the state and getting my business EIN. Once those tasks were done, it was a lot easier to tackle the bigger stuff like budget and marketing.

What has been the most effective way of raising awareness for your business?

Initially, it was getting the word out there via Google, Yelp and my website. When I was doing individual career coaching, the general public typically found me via one of those channels. My business was primarily B2C. Now that I’ve pivoted to team and corporate coaching, my business model is changing too. It’s a B2B now. I am more focused on getting referral business from colleagues and past clients.

What have been your biggest challenges and how did you overcome them?

I’ve been very lucky; I haven’t had many challenges. The pandemic was my biggest obstacle in recent years. I closed my physical office and began doing only remote coaching. At first, I was worried that it wouldn’t work as well, but honestly, it’s been great working remotely. I can help so many more people.  

How do you stay focused?

I am part of many groups—networking associations, referral clubs and a women-owned business mastermind group that keeps me on task and keeps me accountable. I couldn’t do it without colleague support.

How do you differentiate your business from the competition?

I’ve been there. I’ve felt helpless at work. I’ve tried to make a round peg fit in a square hole. I really wish I had a coach when I was struggling in past jobs. My coaching career started with a need to connect to people and help them work through career transitions, and now it’s evolved into helping employees inside companies before they reach the point of no return. I’ve been on all sides of the table. I don’t know exactly what someone is going through, but I can absolutely empathize. And I get it.   

What has been your most effective marketing strategy to grow your business?

When I was doing career coaching only, it was getting my name out everywhere I could—getting my business listed everywhere online and locally. I did videos and social media content curation. Now, a solid referral strategy and personal conversations with clients are my marketing tactics.

What's your best piece of advice for aspiring and new entrepreneurs?

Don’t let marketing scare you. It’s not as hard as you think. So many free marketing resources are available online. And you can get inexpensive help from a creative professional if you need it.  

What's your favorite app, blog, and book? Why?

My favorite app is Calm, because it has so many quick, easy ways to quiet your brain. I don’t have a favorite blog, but I do have a favorite podcast—Smartless with actors Jason Bateman, Will Arnett and Sean Hayes. I love hearing behind-the-scene stories about actors and comedians. My favorite book is Strange but True, by John Searles. I love his writing style and the story is just riveting.

What's your favorite business tool or resource? Why?

My favorite business tool is Legal Zoom. I didn’t want to hire a lawyer or business coach, so I did my own research on Legal Zoom. It made starting and maintain my business so much easier. My biggest resource is my colleagues. We refer clients to each other, talk about best practices and business strategies.

Who is your business role model? Why?

Probably Brene Brown. I love everything she does and says. Her work in vulnerability and shame is unprecedented. And her findings are all backed by research. She’s got the chops to put the message out there.   

How do you balance work and life?

Working from home certainly helps, but I do have to step away from the computer a few times a day to walk, meditate or rest. I am fortunate that I have a lot of balance at the moment.

What’s your favorite way to decompress?

Watching a comedy or laughing. It can change my mood completely.  

What do you have planned for the next six months?

The next six months are focused on gaining corporate coaching clients, landing speaking engagements and doing workshops.

How can our readers connect with you?

angela@resetyourhappy.com

317-691-3514

www.resetyourhappy.com

"Be consistent (and patient)" with Erika Kristine

As a licensed cosmetologist Erika Kristine has the privilege of meeting many different kinds of women and one theme seems to be recurring-everyone wants the experience of something luxurious but cannot always afford it. As a strong advocate for quality over quantity she wanted to create a beauty brand that has the look and feel of luxury that everyone can afford. Erika Kristine believes treating yourself shouldn't be expensive or a once-in-a-blue-moon experience and women should never settle for anything less.

Can you tell our readers about your background?

I have 7 years of experience as a licensed cosmetologist. I found my niche focused on providing services and goods that are luxurious yet affordable and healthy. Many beauty products in the US do not have the same strict standards as other countries even though there is a huge demand for them here. So, I wanted to be the one to provide it. All my services and products are always 100% cruelty-free, vegan friendly, and most importantly non-toxic.

What inspired you to start your business?

There are two inspirations behind my business. One, I found that there was usually a compromise involved in choosing beauty or health and I believe you shouldn’t have to compromise on either of these things. Second, I grew to have a love for all things beauty specifically lashes. I would get so many compliments on the lashes I wore and inquiries if I would ever consider adding lash services to my menu. I was always set on not branching out into the lash side of the business, as I prefer strip lashes over extensions, but as my lash obsession grew I looked for ways to branch into selling lashes rather than offering it as a direct service.

Where is your business based?

My business is based in the beautiful city of San Antonio, TX, but I ship worldwide!

How did you start your business? What were the first steps you took?

First and foremost, I cannot stress this enough: research, research, research. It’s great to have an idea or plan and just go for it, but at the same time, you want to make sure that you are going about it in the best way. As the saying goes, time is money, and when talking about starting a business there is usually some investing involved and no one wants to lose what they have invested albeit money, time, or energy. I started by researching the business itself to see if starting my own private label was actually doable since I had never heard of someone (other than celebs) starting a small private label, and then researched how to go about it step by step, from learning the lingo, to finding a manufacturer that fit my budget and preferences, could produce the quality I wanted by providing samples, and most importantly could produce the exact lashes I designed to start my collection with.

What has been the most effective way of raising awareness for your business?

Social media and networking. The same month we were required to quarantine, and salons were forced to close my business was set to launch. I made the decision to continue with my launch because I believed in it and nothing, not even the pandemic, was going to get in the way of my goals. The support from clients, friends, and social media sharing was overwhelming, to be honest. I had no idea if anyone was going to support me, but I made back my investment that same month! I can honestly say I was not expecting such a generous response. I am truly grateful for everyone who supported me whether they purchased from me or simply shared my posts. Trust me, social sharing goes a long way with small businesses, and we owners are grateful for every like, comment, and share!

What have been your biggest challenges and how did you overcome them?

Not to sound cliché, but it is unavoidable that at some point you are bound to deal with a troll or a Karen. There are two things you can do in situations like this. Number one, do not give the satisfaction of a reaction. Pretend you never saw it, heard it, or read it. Trolls thrive on attention! Two, if the situation calls for it, try to accommodate them as best you can, but be firm! Have your policies in place, make sure they are clearly stated, and enforce them.

How do you stay focused?

There are a few things I do to stay focused, and I’d say they are all equally as important, so I won’t list them in any one order here. First, I must prioritize my business by making sure I am focused on income-producing tasks. As important as social media is it is not productive to spend mass amounts of time there. Instead, I focus on quality content, not quantity. So, I do other productive tasks such as creating more products, direct market to my local audience, and looking for advertising opportunities such as this. I also prioritize the content I consume on social media. This plays a huge part in your energy. I make sure whatever/whoever I am following is contributing to the good vibes I want in life such as other successful women, fitness gurus, healthy foodies, and other locally thriving businesses. I really use social more for hustling than pleasure. Also, I cannot function without my paper planner. If it’s not written down, it is not a priority and won’t get done!

How do you differentiate your business from the competition?

I have my niche and I stick to it. I am strict on the products I choose to sell as they must be of the highest quality, healthiest ingredients, cruelty-free, vegan friendly, and most of all affordable. There is a clear difference between lashes that are made from real animal mink and those that are faux. Let’s be honest, faux mink, silk, human hair, etc. does not have the same look, feel, and quality of mink! Again, it goes back to compromising which should not be the case. I make sure my lashes resemble, as closely as possible, real mink while remaining CF + Vegan.

What has been your most effective marketing strategy to grow your business?

There is a saying that people don’t buy from businesses, they buy from people. Consumers want to trust who they are doing business with. You build this trust and ultimately a loyal community by engaging with your customers and/or clients by being yourself, sharing your life with them, behind the scenes of your brand, advice, and supporting them in return if they also have a business. Genuine networking is the key to not only building a business but sustaining it.

What's your best piece of advice for aspiring and new entrepreneurs?

Be consistent (and patient)! It is so true that even if they are not engaging, they are watching. Personally, I like to do some digging before taking the leap on buying a new product, getting a new service done, or hiring someone.  Don’t jump to the conclusion that you don’t have supporters just because they are not loud. Maybe the quiet ones are observing first, waiting until they can fit you in their budget, or genuinely don’t know how to support you outside of buying from you. It takes time to build so have patience and remain consistent.

What's your favorite app, blog, and book? Why?

My favorite book that was a huge game changer for me is Girl Code by Cara Alwill Leyba (just Cara Alwill now). Actually, all of her books are fire, but this one holds a special, personal place in my heart and bookshelf. Piggybacking off of this, Cara also has a blog and podcast that are among my favorites. She is where I learned about female empowerment, being unapologetically yourself, and entrepreneurial practices. My favorite app, though not business related, is the Sweat app by Kayla Itsines. Running a business requires you show up as your best self and I feel my best when I exercise. I feel stronger, capable, motivated, clear-minded, and stress-free after!

What's your favorite business tool or resource? Why?

Podcasts! They are full of free material from people who have experience in similar fields. It is also convenient as I can listen and learn while I drive, workout, cook, anything!

Who is your business role model? Why?

I recently fell in crush with Sharelle Rosado from Selling Tampa. She is a whole vibe I am currently creating within myself. She oozes confidence, class, and leadership while balancing hustling with mom life AND a badass tribe beside her.

How do you balance work and life?

Time management and prioritization. One piece of advice I gained from listening to business podcasts was this, “create structure where there is none.” Being your own boss means there’s no one holding you accountable, no one telling you what to do or when to do it. YOU are solely responsible for creating the structure a typical job provides. Set a time frame for business tasks, family time, socializing, selfcare, etc.-and stick to it!

What’s your favorite way to decompress?

Spending time alone! Whether it’s taking a candlelit bubble bath, catching up on my favorite shows, reading, or getting a facial, massage, or hot stone pedicure.

What do you have planned for the next six months?

To continue growing offline. I heard something that resonated so well with me, and I’ll share it with you…, “are you building a business, or a social media following?” With platforms ever changing and unexpected web outages you want to make sure your customers/client base know where to find you if access to social is cut. Right now, I’m working towards direct marketing using traditional methods such as mail and print, looking for new products ideas to grow my inventory line, and working towards opening my first store front!

How can our readers connect with you?

I’m most active on Instagram @erikakristinebeauty. I recently lost my TikTok with 10k, but I have setup a new one so definitely follow me on there as well! My TikTok handle is also @erikakristinebeauty. I have a Facebook page that is linked to my Instagram so even though it does get automatically updated, I’m not actively engaging on there. Last, but not least, my email/text list which you can join by visiting www.ek-beauty.com.

"Write down your goals, your ideas, and people you know in the same field" with Samantha Ortiz Whitelaw

Photo Credit: @miked.shotme

Samantha Ortiz Whitelaw is a woman who wears many hats. After resigning from a 12-year career in education in the fall of 2021, due to a toxic work environment, she became a solopreneur. She has her own online women’s boutique, is a new mom to her infant daughter, juggles house duties with her husband, and continues to work in education. Samantha is what you might call a solopreneur, a mompreneur, boss babe or any other term synonymous with ‘female boss’,

Can you tell our readers about your background?

On paper, I’m an educator. I have my master’s in education and have taught elementary school for 12 years. However, I’m so much more than that. I’m also a new mom, a wife, an only child, and a business owner. I am a native New Yorker, went to college in Florida, and I now call Virginia home.

What inspired you to start your business?

 I recently had a baby girl in April 2021, during the pandemic, so my perspective on just about everything has changed or shifted at least. I decided I wanted to be someone SHE (my daughter) could look up to and someone she wanted to emulate.                                

Postpartum is also not always a fun time for mothers; and for me, getting dressed was a really difficult task each day. Nothing fit quite right or if it did, it wasn’t cute and rarely made me feel good in my skin. I didn’t want to continue feeling that way and I knew other women wanted more and deserved more too. So much more.

Where is your business based?

My business, Manic Momma Boutique, is based online. Mostly via Instagram and Facebook. But, I do live in Northern Virginia and I ship all over the country. So, I guess you could side I’m nationwide in some ways.

How did you start your business? What were the first steps you took?

I actually started out as part of another company in July 2021. This company was an MLM (multi level marketing) company and I learned alot about doing online sales and taking risks. I used Facebook to host LIVE sales and had a private group for clients and any woman who wanted to be part of my community. Unfortunately, I found the sizing was not as inclusive to all body types as I had hoped. Several months later, I separated from them and started to find my own styles and inventory. This took a lot of research and trial and error with ordering clothes. This was also a lot of change for any one person; so asking for help has been a HUGE part of my growth. I try to ask for help as often as possible; from other online business owners, friends, family, and I always stay open to change or to learn. 

What has been the most effective way of raising awareness for your business?

I have been really excited about shifting a lot of my focus to Instagram and my VIP email list. My email list clients get lots of perks and are always the first to know what is happening with my boutique. Instagram has been a great way to grow my audience and build connections with so many different women. 

What have been your biggest challenges and how did you overcome them?

Mindset. It’s quite the buzzword, but it’s really true. If I’m stressed, or anxious as any new mom gets, my business has taken the backseat some days. Probably more days than I’d like to admit. Staying organized and purposely taking time out for ME has made those rough days so much easier.

How do you stay focused?

I use a planner called ‘Crush The Rush’ by Holly Marie Haynes and it has helped me prioritize exactly what needs to get done rather than a million item to-do list that never ends. This also forces me to block out time to just relax or be ‘off’ for a little while.

How do you differentiate your business from the competition?

I really connect with moms, new moms, and moms with postpartum depression. Feeling good in our bodies is a HUGE part of motherhood that no one likes to talk about. That makes my business so different. I talk about my body, my feelings, and my clothes. ALL the time.                                                                                   

Honestly, there is always going to be a woman who is more successful than me. That’s OK. I have decided that I can learn from her while I cheer her on. No two businesses are identical, so rather than play the comparison game, I’d rather learn something from them and know that I, too, can be successful.

What has been your most effective marketing strategy to grow your business?

     This is a toss up between growing my email list and showing up more on social media. I make sure my emails are weekly, not spammy, and always have a personal message from me for my clients to read. I am also working on being more consistent with my social media presence, especially on Instagram.

What's your best piece of advice for aspiring and new entrepreneurs?

Just do the thing. I know people say that a lot. I know I’ve rolled my eyes at that before. But, man. It’s so true. Life is TOO short to not be doing something that excites you and makes you want to get out of bed in the morning. Write down your goals, your ideas, and people you know in the same field. Then, start asking questions. Just START.

What's your favorite app, blog, and book? Why?

I want to say my favorite app is Instagram because I have had so much fun connecting and creating. I NEVER thought I would like it so much. I don’t have a blog or book right now that I’m into, but I do have podcasts that I really like. It’s much easier to put headphones on and listen while taking care of my baby! The two that are on replay for me are by Kayla Ybanez and Allie Reeves. Download both of their podcasts, they are GREAT for entrepreneurs of ANY kind. 

What's your favorite business tool or resource? Why?

Oh, this is easy. Mailerlite. It is what I use to create my email list content. It’s also FREE until you have 1,000 subscribers. It’s a no-brainer in my opinion.

Who is your business role model? Why?

Oh gosh, I have a few. Right now though, my friend Stephanie Cogan, another mompreneur is at the top of the list. She got me into this business and I’m so grateful for that. She has been so inspiring and just such an authentic business owner. Some people aren’t so vulnerable. 

How do you balance work and life?

I work on that everyday. I don’t think there’s a perfect solution, but I do think that if you TRY to plan out time for yourself and quality time with your family, you have a much better shot at having a more balanced life. 

What’s your favorite way to decompress?

Hot baths. Maybe it’s cliche. I don’t care. Give me ALL the bath bombs, Epsom salt, and candles, please!

What do you have planned for the next six months?

Well, my goal is to keep growing and building when it comes to my business. It’s still so new! I also want to do so many things with my new little family, so many ‘firsts’ for us to look forward to!

How can our readers connect with you?

I would love to connect with you on Instagram @manic.momma.boutique or you can email me at manicmommamtc@gmail.com

Female Fintech Founder Challenging Male-Dominated Industry to Change the Narrative Around Money

Photo Credit: Maia Monell

After spending twelve years running multi-million dollar development programs in sub-Saharan Africa for marginalized populations, Erin Papworth, MPH, returned to the states to become a two-time entrepreneur and founder of a fintech start-up called Nav.it that helps young earners improve their money management through AI, behavioral psychology, and behavioral economics. Erin’s mission is to change the narrative around money and increase financial health through personalized technology, community, and financial road mapping.

Can you tell our readers about your background?

I spent twelve years working in international development, mainly in sub-Saharan Africa. During that time I worked in economic and financial systems that dramatically reduced people’s ability to create intergenerational wealth. When you have a limited rule of law, financial systems don’t loan money, provide credit, or support populations in their quest to build businesses or grow wealth. Equally, I lived in many countries where women (half the labor market), weren’t allowed to own personal property or access financial markets because of their sex. 

What inspired you to start your business?

When I moved back to the U.S. after a decade-plus abroad, I became passionate about dispelling the negativity around this country’s financial system. I wanted to create opportunities to take advantage of it as adults and change the narrative we have around money.  

Where is your business based?

We are a remote team but I am based in Seattle, WA  

How did you start your business?

I was lucky to be able to self-fund initially and raise a friend’s and family round. I already ran a consulting firm for the work I did in international development, so it didn’t feel like a major leap to start another company. In hindsight, it was a completely new industry but I am so glad I made the leap. 

What were the first steps you took?

I made some pretty big decisions. First, I decided on company ownership, the type of company I wanted to found (LLC, S-corp, C-corp), got an accountant and registered the company in the state I was living in. Then I started researching the industry and my target consumer base while launching a hiring process. 

What has been the most effective way of raising awareness for your business?

I can’t say there is one thing. Overcoming my fear of the camera and promoting Nav.it through writing, social media, podcasts, and speaking engagements has been key to building brand awareness. Obviously, networking and engaging in partnership with like-minded creators and businesses has helped us build a network of amazing partners that refer people to us or help us promote our brand. 

What have been your biggest challenges and how did you overcome them?

Fundraising and having enough capital to achieve our goals have been our biggest challenges. Only 2.3% of VC funding went to female founders in 2020, which means we have been competing with a very large playing field for only a small sliver of the pie. We have been able to successfully raise the capital we need, however, I realized early on that our path to fundraising would largely be through non-traditional institutions like social impact funds, Angel investors, strategics, and mission-aligned funds. 

How do you stay focused?

In truth, as a founder, it’s sometimes hard to focus, as every aspect of the business requires your attention. I periodically check in on my schedule and where I am placing my energy. There have been some seasons that require me to be in the details of a particular departmental activity and other times where it’s been appropriate for me to delegate to our amazing teams and let them run with projects. The role of a founder is to set direction, hire, support, ensure the lights stay on, and represent the brand. Hiring amazing team members who you trust significantly helps you orient your focus and manage your time. 

 

How do you differentiate your business from the competition?

Our focus on financial wellness and paying attention to your mindset as part of a healthy lifestyle is really the differentiator of Nav.it. Our journey has been an evolution, but one always centered on changing the narrative around money for the Gen Z -Millennial generation.

Our generation truly has a unique financial experience and outlook. Women now make up a substantial part of the workforce and can access higher education and careers like never before. LGBTQ individuals can marry. Those factors mean the family structure has shifted and dual-income households, childcare, and cost of living are nuanced and different for us. At the same time, student loans have ballooned and credit cards targeted at young people have created a heavy burden of debt for our generation. Many of us came into the labor market during the 2008 crisis and now we are experiencing a global economic crisis in the middle of our key earning years.

Finances were not taught in school and our confidence is low because our literacy rates are pathetic. The financial system greatly benefits when there is fear or a lack of understanding. We believe it’s time for this generation to take ownership of their relationship to money, become confident in their capacity to navigate the financial world and start building wealth.

What has been your most effective marketing strategy to grow your business?

We love highlighting user-generated content from the app and across social spaces. It’s great to meet the consumer where they spend their time and reminds everyone outside of our platform that it’s ok to talk about money.  

What's your best piece of advice for aspiring and new entrepreneurs?

Make sure you’re passionate about your product or company. It’s the passion that will sustain you when it feels like there is no end to your suffering or the weight of the world is on your shoulders. Also, you have two superpowers that you must pull on daily as an entrepreneur. The first is your intuition. Never underestimate the power of your gut feeling. It is your intuition that sets you on an entrepreneurial path in the first place. The second is your intellect. That is your reasoning ability - the way you plan and manage teams, your vision, your strategy, your ability to learn, and your saleswomanship. Intuition sets your course, intellect calibrates and propels you forward. You need them both to succeed.  

What's your favorite app, blog, and book? Why?

I listen to dozens of podcasts weekly as I go about my day. Some favs are The Vox Pivot podcast for tech news, Freakonomics for in-depth reporting, the NYT Daily and NPR for news, and the Slate Amicus Brief for the legal debates of our time.

What's your favorite business tool or resource? Why?

For our internal company, we use Slack religiously. I think it’s a great working tool for remote teams. We’ve also implemented company-wide monthly Happy Hours, Opposite Days, and Wellness Days to help maintain company culture while working remotely.

Who is your business role model? Why?

I definitely would not be where I am today without my parents. I was raised by my father, my mother, and my stepmother who came into my life at the age of nine. Each one brought extraordinary lessons and support to me in childhood and at various times in my adult life.

My father was an entrepreneur who exemplified the hard work and determination it takes to run your own business and create innovative products in the market. He also gave me a sense of humor, which is invaluable as you move through all areas of life. My mother was a supporter of mine in the best way possible, only marginally balking at my desire to work in war zones in my early 20s and visiting me in the most remote places of the world.

She also taught me empathy and the value of service to others. My stepmother rounded out my incredible education by providing my very feisty and high-minded adolescent self the blueprint of a woman who had fought for what she believed in and achieved professional success against all odds. She taught me the history of women’s rights and how it was only her generation that gained access to Ivy League education, birth control, labor markets, and financial credit on their own merit. She taught me how systems and laws dramatically impede or cultivate the economic success of women, children, and thus society as a whole. She also shared her love of travel with me, which has equally become a passion of mine as an adult. This opened up continents, cultures, and world history to me in a way that has shaped who I am today. I will be forever grateful for having this diverse parental structure that has allowed me to achieve the things I have today. 

How do you balance work and life?

That is a consistent challenge for any working American, and I think for entrepreneurs, it’s always an ongoing battle. I have definitely taken steps to prioritize things that I need in my life. I need travel, I need exercise, I need time to just play and relax with my son. All these things bring me joy. I’m pretty strict about setting time aside in the evening specifically for my family. I try my best not to answer emails or calls between when my son comes home from school and his bedtime. If there is something urgent I will pick it up after he’s in bed.  

I’ve also focused on meditation during this Covid crisis, which has helped me shift my energy, sleep, and mindset on a daily basis so I feel renewed for the next day. I think there is this assumption in America that to be an entrepreneur you always have to be stressed. I’ve learned that actually, I am a better entrepreneur when I find a work-life balance because I have more energy and headspace to bring to my company daily.

What’s your favorite way to decompress?

The past two years of Covid have really made me diversify all the ways I decompress. My number one way is exercise, preferably in nature, but a close second is my Peloton. The second way is to be silly and play with my son. The third way is to be creative or curious in a non-work environment. Sometimes that means cooking, art, or just listening to a podcast that has nothing to do with technology :-).

What do you have planned for the next six months?

We successfully closed a funding round and are now focused on growth. We have some exciting new features launching in Q1 and plan on growth! 2022 is going to be an exciting year! 

How can our readers connect with you?

I’d love to see you on our socials @erinpapworth and @letsnavit