3 Founders Share Why You Ought to Be part of A Group And Apply For Awards

November is Nationwide Entrepreneurship Month, which goals to highlight founders and small enterprise house owners and their contributions to innovation and financial influence. In accordance with Fundera there are 12.3 million women-owned companies in the US. For a lot of, launching, rising, and scaling is a lonely experience. Jenny Shum, Common Supervisor of Chase Ink says one thing that may assist make the journey much less isolating is leaning right into a like-minded group for help. “It’s that connection to the group that helps enterprise house owners discover the assets they should succeed.”

The Function Being Acknowledged Can Play

Whereas the significance of being a part of a group isn’t new, one thing that’s talked about much less typically is the facility of successful awards. “Small companies are on the coronary heart of our communities,” Shum says. “Continued recognition and collaboration with trusted companions and friends can typically assist a enterprise overcome potential headwinds and flourish.”

That’s why again in 2022, Chase Ink partnered with Entreprenista to launch the Entreprenista 100 Awards. The awards honor and have fun trailblazing ladies founders who’re altering the world. Jessica Abo sat down with three winners to be taught extra about their enterprise and the way being acknowledged helped enhance their visibility, credibility, and backside line.

Anouck Gotlib’s Story

After finding out trend design and dealing at trend homes like Zac Posen and Natan, Belgian-born Anouck Gotlib went on to change into the director of promoting of Belgian Boys, which makes fast breakfasts and cookies in whimsical packaging to deliver joyful European treats to households throughout America. In 2018, she was named CEO.

When the pandemic induced the sudden lack of almost a 3rd of Belgian Boys’ enterprise from airways, meals service accounts and extra, Gotlib not solely donated greater than 80,000 treats to struggling native communities and frontline employees, however she additionally grew income and doubled the workforce. She joined The Entreprenista League and says being a part of the group gave her the power she wanted to get by means of that difficult time. “Having a group offers you a way of belonging. It is seeing individuals and being seen. It is elevating others and being connectors.”

She leveraged her community to safe Belgian Boys’ first outdoors funding in 2021 from Equilibra, the household workplace of KIND Snacks founder Daniel Lubetzky and was acknowledged as an Entreprenista 100 winner. She says successful and award has given her the arrogance to achieve increased and to boost the bar to drive extra influence. Her recommendation for different ladies founders is to “encompass yourselves with wonderful individuals and to construct the strongest workforce round you. Carry individuals collectively that encourage you and collectively you’ll construct nice issues.”

Tori Bell’s Story

Tori Bell found firsthand the facility of group whereas founding the group “Black Girls at Fb,” which grew to three,000 members globally underneath her management. Her ardour to create inclusive change inside firms, impressed her to make the leap into entrepreneurship herself and launch Inclusion Unpacked in 2021. Bell says the most important hurdle was securing funding to start out. “Black ladies on common obtain lower than 1 p.c of obtainable enterprise {dollars},” she says. “I knew the hurdle can be steep.” She managed to boost the capital she wanted to create her digital membership group, which gives schooling, occasions and a help community for founders and leaders dedicated to constructing numerous, equitable and inclusive firms from the bottom up.

“After making use of for quite a few grants and applications, I lastly secured one after I obtained an Entreprenista 100 Award. The grant got here at a vital time for us. Since successful the award, we have now secured enterprise capital funding and skilled a surge in gross sales from new clients.” With the help of her personal trusted group, Bell has racked up a number of spectacular accomplishments and accolades, together with admission into a number of notable incubator applications, in addition to being the primary black lady to win Columbia Enterprise Faculty’s prestigious startup pitch competitors. She says, in case you’re beginning out, it’s a must to make your self seen. “Being a part of a community is important. A good portion of your early success is commonly a results of others advocating for and supporting you.”

Jill Apgar’s Story

After struggling firsthand to handle her biracial daughter’s curly hair, Jill Apgar was impressed to create an answer for different multicultural households. When she seen silk pillowcases helped her personal hair, a lightbulb went off, and Apgar designed a silk crib sheet prototype. Her daughter Cora’s tangles and dry pores and skin improved virtually magically in a single day utilizing the buttery-soft Coco Beans sheets. In 2020, after a serendipitous pandemic layoff from her company position, she determined to make the leap and formally launch Coco Beans, a luxurious bedding and sleepwear model specifically designed for kids with textured hair. She additionally fearlessly pioneered a brand new bamboo pajama line amid market uncertainty, additional diversifying the model’s choices with an eco-friendly fabrication kinder to each pores and skin and the planet.

Apgar says she has needed to navigate her personal share of challenges, together with provide chain points attributable to the worldwide pandemic. “We have been ready overcome our money challenges by shifting to an natural advertising and marketing technique leveraging our small however loyal social media following in addition to activating the Central Ohio market by means of a sequence of native pop up retailers,” she says. “My recommendation is to start out quick and small. Quite than ready for a services or products to be ‘excellent’ and prioritize attending to market and begin constructing a relationship along with your clients. The suggestions will allow you to ship a greater product or expertise and finally you’re constructing belief with clients – a key pillar of long run success.”

Apgar says transitioning from a company atmosphere to proudly owning her personal enterprise was a lonely highway, however being a part of women-founder communities like The League has been vital. “These ladies have been so beneficiant, sharing classes discovered from each wins and failures, lending a compassionate ear in the course of the difficult instances, encouraging me to stage up and cheering me on every step of the way in which.” She provides being honored with an Entreprenista 100 Award boosted her model credibility in addition to her reliability as a founder and she or he encourages extra ladies to place themselves on the market.

Coming Full Circle

Whereas these three founders are overcoming obstacles with the assistance of mentors and friends, they aren’t solely main fast-growing firms, but additionally empowering the communities round them. This yr, they are going to be on the choice committee for the Entreprenista 100 Awards. The deadline to apply is November 22, 2024.