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Welcome to the new era of entrepreneurship. Gone are the days of the baby boomers who only cared about the profit, and had zero regards for the environment and wellbeing. Millennials put sustainability, with all its meanings, in the core of doing business.
One of them is Valerie Smith. Tired of her dead-end job, she went on to turn her hobby into a business. Encouraged by her husband, she created a business model around her love for DIY skincare, and as a result, Klei Beauty was born.
I felt that I was at a dead-end in my career in fashion, despite only graduating from college in 2014. I was feeling the nearing collapse of the industry here in NYC, and absolutely hated my job.
I’ve always enjoyed DIY skincare and self-care experiments, so I looked to create a simple, customizable product that could be produced easily by me, a person with zero formulation experience. This is how I came to create my first powder clay mask.
My husband has always been extremely supportive. He was the one to encourage me to try and create my own side-business, and as said side-business grew, he’s been so helpful in helping me to figure out smarter and better ways to produce my goods.
The only disadvantage I have ever felt as a young female entrepreneur was in dealing with manufacturers here in the US. Factories are often run by old-school manufacturing men, and I’ve been talked down to in ways that a man certainly would not.
My ability to create my own financial future.
I haven’t received much advice!
Klei is a sustainable self-care company, helping you to make every day like Sunday. In a market where more customers are demanding sustainable values and goals from companies, Klei is positioned to thrive.
If you have an idea – start it now! There’s no good time to start a business, just get it started and take it from there.
2021 will continue to be a focus on wholesale, with the goal of acquiring a few more national accounts.
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There’s often a perception that entrepreneurs should be assisted to, and not the other way around. Another stereotype is that Virtual Assistants that are not taken seriously and can’t earn good money.
Bur Melissa Smith, an assistant at her core, laughed off these baseless stereotypes and founded her VA business, The PVA, despite the naysayers. She’d been served worse cards in her life, and dealing with biases didn’t intimidate her.
We’ve always been told to do what we love, and Melissa is doing exactly that. On top of that, she’s making a decent living from it. The fact that she’s a good assistant doesn’t annul the leadership skills in her. On the contrary.
I always loved my work as an executive assistant and never had a job that I didn’t love. However, I often changed jobs because I hit a ceiling when it came to earning potential and limited flexibility to be the mom I wanted and needed to be for my children.
When my husband passed away suddenly in 2012 it flipped my world upside down. I had always said I would “never” own my business because everyone I knew that owned their own business didn’t enjoy freedom and flexibility. Starting my own VA business meant I could be with my family as much as I needed and still do the work I love.
I had heard of virtual assistants and researched being a VA on several occasions because my commute was pretty bad. Nothing I found gave me the earning potential I needed or knew I was worthy of. I decided that being a VA was still my best option, but instead of being a VA for a third party I would become my own boss to set my own rates and, most importantly, my schedule.
My former employer was very encouraging and supportive of my decision to leave. Family and friends also thought becoming a virtual assistant was a great idea. Hiring a business coach was a pivotal decision for my business. I had no trouble performing my VA duties. Where I was stuck was understanding how to run a business which is much different than the work you do or the product you create.
What I was missing was a community of like-minded individuals, other virtual assistants, who could relate to not only the struggles I faced but also the goals and dreams I had. Other VAs who could celebrate wins with me. My business coach was great for business but she had never been a VA and couldn’t support me in this area. That’s when I decided I would create a place for VAs at all stages of their business. The Association of Virtual Assistants launched with great success in March 2019.
With my background as an assistant, I’ve always known that no one achieves great success on their own. I went into business looking for a community and resources that would support me and assist me on my journey. This is what the Association of Virtual Assistants provides.
Talent will only get you so far and there is always someone who is better than you. In fact, anyone who considers themselves a true leader is leading others to be better than they are and working with them to avoid the same mistakes they made. You can be the smartest and most talented person in your field but if you don’t have the grit and resilience to get up after a fall you’ll never make it. My community is always there for me but I have to be the one to show up and be vulnerable. I have to ask for help.
Be ready to show up, show grit, and show resiliency if you ever plan to show off what you built!
What excites me now is what excited me six years ago when I started my business – creating a lifestyle for myself. There is nothing more important than my family. Even though my children are now adults they appreciate my ability to work from anywhere and that includes the time I spend with them.
While my family always comes first, to be able to assist others in creating the lifestyle of their dreams doing the work they love is incredible. I had no idea where my business would take me when I first started. Plenty of people thought I could be replaced by an app – those were not my people!
I stay excited by keeping the right company and that includes my family, friends, and those with whom I work with to create a lifestyle they love living!
Hands down the worst advice I ever received was to change my title of “virtual assistant”. I was told that I would never make “good” money as a VA, be taken seriously, or be seen as a thought leader with that title. I’ve laughed at that so many times! I’ve laughed all the way to the bank, to the tune of two bestselling books, and while I was traveling the world running my businesses in 2017.
Being an assistant is who I am at my very core. Changing my title is not being entrepreneurial-minded. That’s an employee mindset. No one has the power to tell me what my title stands for or what it means. I hold the power and I use it.
I work with clients and VAs alike.
Because you can’t do it all yourself…
Start! It won’t ever be perfect because perfection doesn’t exist. However, until you try you won’t ever know if your idea is any good. The longer you wait to start the more you are delaying your dreams the opportunity to come true.
In 2021, I’m starting another business that will automate the VA hiring process to not only match for communication strategy and ideal client fit but it will also include company culture as well!
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In times when the American Dream feels like no more than just a fable, here comes Priska Diaz, the founder and CEO of Bittylab, to reassure us that the US is still the Promised Land. She moved to the USA when she was only 17, honed her English, got a Bachelor’s degree with honors, then a Master’s Degree, held several D-level positions at international companies, married and had children. But this is only the beginning of her entrepreneurial story.
No mother can bear watching her babies suffer. So when Priska’s firstborn son developed GER symptoms her maternal instinct triggered her entrepreneurial skills and she found herself putting all her extensive experience in design and engineering to good use. After three years, the first air-free feeding system came to life.
When we were making the top 100 female entrepreneurs list, there was no hesitation whether Priska should be there. Her innovative mind, dedication and story are an inspiration to both men and women.
My first son developed GER symptoms after introducing baby bottles to my breastfeeding routines. Seeing my baby cry for days added feelings of maternal failure to the ongoing sleep-deprivation, headaches, pain from c-section, and exhaustion. Doctors insisted this phase was “normal” and he will eventually outgrow it, but I just wanted to help my baby feel better so I could have some rest.
Months of research showed that the air in the baby bottles caused the problem. My maternal instinct to help my baby turned into an obsession, and I sat at my kitchen table, day after day, for more than 3 years to design and engineer a solution. It turns out that my invention is the first air-free feeding system —and medical device to-be— for infant GER/GERD mitigation. I have extensive experience in design, engineering, manufacturing, polymer materials, and QC, which allowed me to create a product to help my very gassy and fussy baby.
My husband was very supportive of my idea and after I finished my hand-made prototype, he encouraged me to file for patents.
Being a woman in the manufacturing industry was, indeed, very challenging. Once the prototype and drawings were done, I needed a contract manufacturing partner.
However, presenting the idea to a dozen male engineers wasn’t easy. The first response was “it can’t be done” followed by a synchronized side-to-side head-shaking from all the members at the table. Then I pulled out my handmade prototype and said: “If I tell you how to do this step-by-step, can you make it?” My husband always said this is his favorite part of the whole entrepreneurial journey.
I think being an entrepreneur makes you grow a thick skin, at the very minimum. You have to exploit every drop of talent, creativity, grit, resourcefulness, perseverance, learn how to negotiate, persuade, get over your fears, be the best at public speaking, memorize presentation, develop great social skills, don’t miss networking events, figure out how to learn things fast, test and measure, and know how and when to make decisions.
My days are never the same. Nothing is monotonous. Although, I have been doing this for almost a decade. Every day is a different day and I get to do different things. One day is product design, the next day is website coding, the next is meet the head of giant corporation and talk about my innovation, the next is make a live video on Youtube, etc, etc. In other words, it’s never boring!
The worst advice I heard was an unsolicited comment suggesting that I should give up. This person obviously didn’t understand the contribution Bittylab is making to this world. Getting rid of a problem that happens in the majority of a population, such as infant gastroesophageal reflux, (which affects 66% of full-term and 80% of premature babies) is an invaluable advance in the world of Pediatrics. GERD is the single-handed catalyst for other life-threatening diseases. For example, common intervention for GERD treatment, such as prescription drugs and formula thickeners have been shown to cause necrotizing enterocolitis in preterm infants. Our solution can help infants with GERD without causing these side effects.
Infant gastroesophageal reflux, GER, and the disease GERD, affect 66% of full-term & 85% of pre-term babies. These conditions are reaching the breaking point as Ped. Guidelines suppressed the use of common interventions like prescription drugs and formula thickeners to infants under two months of age. Infant GERD is responsible for $41BN annual expense in treatments, in the US alone, where payers include insurance companies, hospitals, and parents.
Bittylab, a WBE-certified Startup, introduces Bare® Air-free, a solution that showed improvement in 75% of babies with GERD. The technology has been live via a customer-based platform. We have achieved: proof of concept, over 100k units tested and in use, Pediatrician endorsement, and clinical validation as 75% of babies no longer had GERD symptoms after 2 weeks. Bare® Air-free is a money saver for parents, hospitals, and insurance companies.
Bare® Air-free is for sale at buybuybaby and bittylab.com/shop starting at $17.50/unit.
Never give up! You can pivot, improve, and modify but never give up. As mentioned above in a question, an entrepreneur is born out of personal necessity. If one person is in need of your product or service, chances are that there’s a whole market for it. You just have to find it.
We are working in new products as well as engaging research facilities to expand on the effects of air-free feeding, upright feeding position, and flow and pace controlled by babies.
We are very proud to have received the WBE and WOSB certification this year. This will help Bittylab advance into the health and medical fields.
Connect and partner up with Bittylab on Enterprise League
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Going into business with your spouse is perceived high-risk by the general public. However, this can’t be said for Skyler Mapes who trusted her husband’s business idea and instead of supporting him from afar, she went all-in and became the co-founder of EXAU Olive Oil.
If this was ordinary olive oil, she might have invested her entrepreneurial skills elsewhere, but Italian-made olive oil of superior quality sold in California is not an opportunity to miss. She embarked on this journey, after a thorough market research, excited for the adventure ahead – from Cali to Calabria and back in 7 months, only to hone the product to perfection.
Although her husband, Giuseppe, is 3rd generation olive oil producer with a lot of insights from the industry, it’s the collision of his knowledge with her entrepreneurial spirit making all the difference in the company’s success.
Work-life balance was not great at my previous workplace. However, the main reason I left was because I didn’t feel fulfilled and knew I wanted to be completely independent. I do not like working for other people, I feel it stifles my growth and doesn’t allow me to pursue many of my creative ideas.
It actually wasn’t my idea. My business partner is my husband and he came up with the idea to start an olive oil company after being underwhelmed by the olive oils he found on the shelf in California. I was against the idea until I started doing more research into the industry. I became convinced we could build an incredible company if we truly did things differently.
I’ve had help from many people. However, I only confide in a small group of people. My mentor, small group of girlfriends, and publicist have been my biggest supporters in every way imaginable! I feel extremely supported.
Everyday. It’s wild.
Both. You can become an entrepreneur without much talent but it’s going to be extremely difficult to stay competitive. People are drawn towards products and people that make them feel good. It takes talent and the right resources to create an incredible product.
Knowing the next day is going to hold a delightful and/or terrible surprise *adrenaline junky*.
Talk to as many people as you can about your business idea, especially your family and friends.
It sounds like good advice but it’s not because family and friends don’t want you to fail and when starting a business there’s always a risk of failure. Only confide in a small group of people that don’t care if you fall on your face. They will be honest about your business idea and be blunt about whether or not that idea or product will work.
I don’t want anyone invested in my business.
Trust your gut.
Bringing more products on board! The EXAU line of products will be expanding.
I want to see more people of color in the luxury goods industry.
Connect and partner up with EXAU Olive Oil on Enterprise League
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When you google “Romy Taormina” the first suggestion you get is “Romy Taormina net worth”. This is just a small attestation of her success as an entrepreneur. She’s not unfamiliar with TV studios and cameras. Her most noticeable TV appearance was on Shark Tank where she got and refused an offer.
Seven years after appearing in front of the Sharks, Psi Bands, her famous innovation – cool-looking acupressure wristbands that help relieve nausea – is selling better than ever. Available in many retail shops, you can also find the products online on Amazon or just head quickly to Target.
Romy, a born entrepreneur, has helped millions of people suffering from nausea in the last 14 years.
I am an entrepreneur at heart. I love to create, visualize, and implement. I saw a need for a better product, and after a lot of research evaluating market potential, I “ran with it.”
I suffered from debilitating nausea during both of my pregnancies. I found nausea relief from acupressure wrist bands but was dissatisfied with the existing products on the market so I set out to create a superior product.
My husband, Michael, of almost 25 years. He was (and is) supportive of my commitment to my company and belief that I could breathe life into a product idea, take it to market, and keep it there. Psi Bands have been selling into the marketplace for 14 years at retailers such as Target, REI, HEB, Pharmaca, Amazon, etc.; in hospitals; and internationally. More than 1m sets sold. We are making a positive and meaningful difference for those who suffer from nausea.
When or if I feel like I am being treated at a disadvantage, I stay true to myself. I hold my head high. Sometimes silence is best. Quiet can be loud. Other times, voicing a concern or opinion is critical.
Hard work, passion, growth mindset, strategic outlook, gratitude, and resourcefulness have played a crucial role for success.
I am always challenged. Every day brings a new set of challenges and opportunities. And it’s up to me to decide how to creatively and strategically handle them. It’s a journey – and one I embrace.
“Sell everywhere you can.” Me: “no.” Our organic and targeted approach has allowed us to stay in business. I’d rather be in business than quickly out because we were underfunded and didn’t have the right expertise and/or systems in place to scale up. Learning daily is part of the journey and one I embrace.
I was on “Shark Tank” and received and declined an offer. Here’s the 60-second pitch.
“You miss 100% of the shots you don’t take.” – Wayne Gretzky
Expand internationally and increase our online presence. We are partially doing this with grants and assistance from the US Commercial Service. Applying for grants is one of many ways to fund a company.
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