Archive for Women Entrepreneurs – Page 8

Hello Walden

Hello Walden is a virtual private coaching service that enables entrepreneurs, business professionals, designers, engineers, and anyone in-between to receive virtual coaching from professional coaches. Each coach is unique in their experiences and focuses so that every individual can find a coach that will be able to relate to them and help them. Hello Walden coaches help with a variety of pursuits, including starting a podcast, setting up a sales funnel, finding a new job, developing a product, writing a blog or a book, cultivating brand voice, fundraising for a startup, and many more. Clients begin by creating an account and filling out a questionnaire. This questionnaire begins by asking them to describe what they are working on, what their biggest challenges are, and where they need the most support. Then, it asks them what they hope to get out of coaching, what kind of coaching style they respond to best, and any other comments they want to share. Once they complete the survey, they are given a few options of coaches that may fit their needs best and they can look at schedules and find a time to call them or message them. Essentially, Hello Walden makes coaching personalized and easily accessible.

Madelin Woods, the founder of Hello Walden, is an experienced engineer and entrepreneur. She has experience working with IDEO, Facebook, Square, and many other start-ups. Madelin came up with the idea of Hello Walden when she was looking for some motivation and encouragement in her projects, but lacked a mentor or coach to help her. Coaching is mostly found through word-of-mouth, but Madelin wanted to create a trustworthy platform for business professionals to find coaching that will work for them and with them. So, Madelin built Hello Walden to help people craving the same mentorship she was seeking.

What stuck out to me the most about Hello Walden was the unique use of technology and people. Hello Walden is a website, but it is highly centralized around people and seeks to cater to each person specifically and effectively. If you visit their website, they have many success stories listed to emphasize how effective their service really is!

 

https://hellowalden.com/

Stitch Fix

Stitch Fix is an online styling service for women who are busy or need a change in their wardrobe. Each customer takes a style quiz and is assigned a personal stylist. The stylist picks out five personalize items that the customer would want to wear and sends them to the customer. There Is a $20 styling fee with every box to cover the stylists’ expertise and time. After trying on every product, the customer can return them for free or use the $20 dollars towards the clothes they want to purchase.

Stitch Fix was founded in 2011 by Katrina Lake. She started the company after her sister was her personal stylist and knew there was a market for women who needed or wanted fashion advice. She was attending Harvard when she shipped the first Stitch Fix box. When she first founded the company, they were only helping women but realized there was also a market for men. In 2016, they launched personalized boxes for men and offered plus sizes in 2017. As of 2020, they style men, women and children.

Stitch Fix’s mission as a company is to “change the way people find clothes they love by combining technology with the personal touch of seasoned style experts”. They take pride in knowing that each box is personalized for each client and that the personalized items can help them build their style. Lake’s goal when founding Stitch Fix was to help women discover their style and feel confident in what they wear.

Since Stitch Fix started, their sales have only gone up, making the company well-known and successful. They have over 2 million customers in the United States alone. Their sales and number of customers have gone up since the beginning of the pandemic. Their sales went from $370.3 million, a year ago, to $451.8 million in the second fiscal 2020, ending February 1st.  Many people have been turning to stitch fix for fashion styles and clothing pieces during the pandemic, instead of going to stores.

Makin Bacon Baby!

After Selling Millions, Family-Run Makin Bacon Battles Amazon CounterfeitersOne morning in 1993 an 8-year-old girl named Abbey Fleck and her dad were cooking bacon for breakfast. as she saw her dad’s struggle with all the bacon fat juice and cleaning it up with paper toils, she thought of an idea. What if there was a way to cook the bacon hanging as a dish of some sort collects the fat? That’s when Abbey and her father began to design what would eventually become the Makin’ Bacon dish. It’s a square, inch-deep skillet made of microwave-safe plastic. It has 3 T-shaped supports rising up from its center. The bacon cooks while draped over the crossbars of the central supports and the fat drips down into the dish.
Abbey’s solution and invention were not only an easier and healthier way to cook the bacon but it was also an inexpensive way. The dish itself only cost 7$. Knowing they had an amazing product Abbey and her father founded the company, A. de F. Ltd., and began selling Makin Bacon the next year. (1994) Since then the product has gotten tons of promotion from “Good Housekeeping” and they even negotiated a deal with Amour for the Makin Bacons packaging in the same year of release. Abbey even made a personal appearance on “The Late Night Show with David Letterman” and on “The Oprah Winfrey Show”.
Abbey has gained a lot of entrepreneurial experience since then. She settled a patent infringement suit against a company in Pennsylvania that had begun to sell a similar product of hers. She acquired a patent for her “microwave cooking machine” in 1996. Still only 11 years old at this point.
Today the Abbey Fleck’s Makin Bacon is available on Amazon and at Walmart. She got the offer from Wallmart to distribute her product fairly soon after her release.

She is an inspiration to fathers and daughters out there that can work together to create something great. Even at that young age to she had a natural knack for business and entrepreneurship. Thanks to her bacon is better!

25 year old Woman turns Fun Candle Side-Hustle into £10m Business.

Think you are too busy to start a side-hustle? It is not worth it right? It could be rewarding but it will never pay off may be the answer to that. What if I told you the side0hustler could turn into a £10million business. Oh the sticker shock may not be in pounds, so how about 13,115,500.00 in US Dollars! All this from a side-hustle that started in a family kitchen 2 years ago.

Hannah Chapman, 25, worked a job dealing with social media two years ago, started melting wax at the age of 23 and it just took off. She started advertising on Instagram her candles and before she knew it she quit her day job to focus solely on making these candles. Chapman credits social media for her success, as without it she would not have the customer base she has today. She says, “That’s the beauty of social media – there are ways of leveraging it that don’t necessarily require money and I think that’s what makes it so exciting for budding companies and young entrepreneurs, it really levels the playing field.”

On top of all that, she is able to employ her dad as a worker in her supply chain. The business itself does not just rely on candle sales, also having wax melts, bath bombs, room sprays and other handmade items. What an accomplishment by Hannah!all information was found at https://www.mirror.co.uk/money/woman-starts-10m-candle-making-22993723

The Bagel Rebellion

Milena Pagan is a self-proclaimed “corporate-retail-strategist-turned-bagel-maker.” Pagan was born in Puerto Rico and moved to Massachusetts to get her degree at MIT. Milena Pagan graduated from MIT with a degree in chemical engineering, followed by a job with CVS Health as an Omnichannel Strategist, but after several years she needed to share her passion for homemade bagels after finding it hard to get New York style  bagels that she really enjoyed. Pagan experimented for several months to create the perfect recipe, then quit her job at CVS and launched Rebelle Artisan Bagels.

Milena Pagan is an incredibly determined person. She identified a problem, and found a way to profit and satisfy that need. Pagan held pop-up shops and promoted her bagels to everyone she could. She has found a way to put a twist on handmade, New York style bagels that differentiates herself from the rest of bagel makers in Providence, Rhode Island. Her success with a Kickstarter campaign granted Rebelle Bagels to pursue a storefront in Providence and they were able to open  their doors in the summer of 2017.

Milena Pagan earned a Entrepreneur of the Year Award New England recently and she deserved it. She has done an amazing job pursing a goal and has achieved great success.  Melina has shown her perseverance and resilience in times of challenge. During COVID she and Rebelle had to be incredibly flexible in order to continue pr0viding customers with the value and quality they were accustomed to.

Customers rave about the fun and interesting flavors that Rebelle Bagels creates on a daily basis. These unexpected flavors are not limited to just bagels, they extend to their very own line of cream cheese, lox, and lunch items.

Located in Providence, Rhode Island, Rebelle Bagels hand make their bagels, cream cheese and lox daily. They experiment with flavors and offer lots of vegan options.

 

Katrina Lake- Stitch Fix

Katrina Lake is the founder and CEO of Stitch Fix, a “personal shopping service for men and women that evolves with your tastes, needs, and lifestyle.” Essentially, the mission of Stitch Fix is to combine technology and the personal touch of stylists to provide a shopping experience that is easy, saves time, and creates a style unique to each customer. To use this service, customers take a style quiz that uses multiple choice questions and pictures to determine the specific style of the customer. Once they complete the style quiz, a box of tailored clothing choices are sent them for a $20 down fee. The user can try on the clothes at home and keep or send home whichever items they want. Stitch Fix provides free shipping, exchanges, and returns. The customer can order on demand or receive regular deliveries based upon their preferences.

Stitch Fix is changing the way the world thinks about shopping and personal styling of clothing. In the age of “fast fashion” and big box stores, personal styling by professionals has largely become a thing of the past because it is considered too expensive and shopping by yourself is much more convenient. Stitch Fix uses technology to take the complexity out of shopping with a personal stylist. It provides a way to get clothing tailored to your taste without having to keep the clothing items you do not like. Why spend hours shopping for the perfect outfit when a professional can do it for you?

Katrina Lake is a bold female millennial entrepreneur who saw the potential for a new market space in the fashion industry (a largely saturated industry) by combining technology and personal styling. She started Stitch Fix while completing her MBA from Harvard University and continues to invest in and work with startups at Leader Ventures. When Lake took her company public in 2017, she became the youngest female founder ever to lead an initial public offering (IPO).

The story of Katrina Lake and Stitch Fix is inspiring to me because it shows that all it takes to succeed is to find your niche and pursue it. Katrina saw an open space in this over-saturated industry and recognized a frustration that many women experience and was able to build a highly successful company and brand from it.

Learn more about Stitch Fix by following this link: https://www.stitchfix.com/

 

Tara Gentile – What Works Podcast

Tara Gentile became an entrepreneur as a young adult. Tara was working in a corporate job when the opportunity arose for her to be considered for a promotion. She had been working hard for this promotion, but was overlooked due to being nine months pregnant. Tara then left this job when her daughter was 6 months old in order to start a Podcast and online community called What Works?

Tara speaks mainly to women in business through her platforms in order to address common business questions. She brings in a variety of guest speakers to bounce ideas off of and create an open dialogue. The topics on her popular Podcast range from hiring and HR practices to marketing and advertising and its effects on target markets. She does not shy away from controversial business topics when speaking on her Podcast. Tara intentionally seeks out various perspectives in order to form unconventional and innovate strategies.

I believe that it is inspiring to look to women like Tara Gentile. She took an unfortunate trial that she had to face in her life as a professional businesswoman, and used it in order to empower other women like her in similar positions. She clearly used a entrepreneurial mindset when being faced with this problem and than building her business to address this identified need.

Kang Sisters – Coffee Meets Bagel

Dawoon, Arum, and Soo Kang are changing the way online dating works for women with their app called Coffee Meets Bagel. The sisters grew up in an entrepreneurial family and all had ample experience in the business world. Dawoon worked in investment banking, Arum received her MBA from Harvard University, and Soo was a successful graphic designer in the fashion industry. They decided to combine their expertise and solve a pain they saw in the online dating market. Many of their friends felt that dating apps were oversaturated with men and geared toward the way men want to date online. They created Coffee Meets Bagel as a way to connect online through meaningful conversation. The app is unique from Tinder and Bumble because it specifically selects up to 6 bagels (or matches) for women every day through their algorithm that matches couples based on multiple similar interests so they only see matches that are highly relevant. Essentially, Coffee Meets Bagel connects people through similarities, not location or looks. To date, there are more than 70,000 couples who met on Coffee Meets Bagel and that number continues to grow.

 

One of the most impressive things about these entrepreneurs is that they were offered $30 million dollars by Mark Cuban when they pitched their idea on Shark Tank, yet they declined the offer. The Kang sisters used this offer as a confirmation that their idea was good and it had a huge potential for success, but they do not regret turning the offer down. They wanted to be in control of the app themselves. Being female tech entrepreneurs in this day and age has had challenges, but the Kang sisters have demonstrated that knowledge, expertise, and the ability to identify and fix pains in a market can have a huge impact and payoff and they wanted to develop this app on their own. They were able to raise over $11 million dollars in venture funding which enabled them to start and continue to grow their app.

Learn more about Coffee Meets Bagel here. 

Fenty Beauty

https://www.msn.com/en-gb/lifestyle/spotlight/rihanna-s-remarkable-journey-from-teenage-pop-star-to-entrepreneur-and-advocate-for-equality/ar-BB17yqyV

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Robyn Rihanna Fenty has taken the world by storm for years now. The 32-year-old has made her presence known in the music world, the business world, the black community, and so on. She went from pop star to philanthropist to business-woman very abruptly. She was born in Bridgetown, Barbados and left when she was 16 years old and moved to the United States of America. Rihanna became popular in the music industry in 2005 at age 17 years old. She started her company called Fenty Beauty in 2016 (at age 28) which sells a variety of makeup products that cater to many different ages and cultures of people. Fenty Beauty originally started in a collaboration with Puma and then branched off and joined LVMH’s beauty brand Kendo. One of the main things about this company that caught the eye of consumer’s was that the brand offered 40 different shades of foundation. This feature of the company alone allowed for people to start viewing it as a culturally diverse company because it offered a shade of foundation for essentially every skin color/type there is which other makeup brands have failed to do in the past and to this day. Rihanna is extremely adaptive, innovative, etc. considering that she saw an area that was lacking and aimed to fix it and bring something new to the table that would appeal to many different groups of people. She is now known as the richest female musician and has grown her net worth to $600 million. In relation to who she is as a person and her values, she has been an advocate for equality across races and for women’s rights as well. She inspires me in so many ways seeing that she is extremely talented and has accomplished so much in so many different areas which shows how diverse her abilities are.

Kelce (Singer/Songwriter)

A Massachusetts native, Kelce, is a singer/songwriter who is pursuing her passion to create music that is relatable to her listeners. Born into a musical family, she was exposed to music at a young age and always loved it. She began song writing at the age of 13. At the age of 14, realizing her talent was an incredible gift from God, and taking the opportunity presented to her by Him, Kelce got connected to a musical mentor. Her mentor trained her and strengthened her songwriting abilities, as well as got her connected to a local producer.

Kelce is a determined and passionate entrepreneur, she is not afraid of failure, knowing that working in the music industry is a not going to be easy. She took her passion for music, combined it with the need to create music that is relatable to listeners and uses her music to create her brand, Kelce. Her, “favorite aspect of the creative journey is the writing…’ Kelce brings value through her lyrics that are not only relatable to listeners but are connected to her music to allow the listeners to really feel what the words say. She hopes to impact the way people will be able to process life through her lyrics the way she does as she writes the amazing songs.

Realizing that the music industry is not a piece of cake, Kelce is always finding ways to engage her listeners, and build up her follower base. She takes advantage of the tips and tricks that are provided by Spotify about finding the right ways into the algorithms and onto discovery playlists. She engages her followers through social media by providing content on a regular basis. She creates personal and active connections with her listeners, in ord er to grain traction and build her brand.

 

Her latest EP, Perspective, just came out, but my personal favorite is New York at Night!

Follow her @kelce_m (Instagram) and give her a listen on Spotify! https://open.spotify.com/artist/3QLwaRmbePjpI243zQEg2L?si=qY37IixVQmqIlpTGgaD-WQ