Her Secret? "Just fake it". Beatrice Fischel-Bock wholeheartedly believes that failure isn't the end—it's just the beginning. The 26-year-old CEO and co-founder of the home decor tool Hutch (it mixes 3D technology with online shopping to let you virtually decorate your space) took the company from a college side hustle to business venture with over $17 million in funding. All in just six short years. And the secret to her success? The failures along the way.
Feature Photo courtesy of Chloe Capital
At the end of 2019, a District Court judge in California ruled that players on the U.S. women's national soccer team—that year's World Champions—could go forward with class-action status in their gender discrimination suit against the federation.
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Fundraising isn't always fun. It can be a long, agonizing, and often emotional process. Emails go unanswered; pitches fall on deaf ears; and many times investors just don't get it. This constant feedback loop (or lack thereof) can be taxing on even the most seasoned pro and can push founders to believe that they have to change and become more aggressive, tougher, and do anything possible to get to that yes. Don't fall into this trap. Here's how to remain true to yourself and feel confident in your own story and pitch.
My company, Vastari, is growing. We are a women-led online service that acts as a conduit for various exhibition collaborators to connect more efficiently. Our organization has been facilitating more transactions than ever before: more museums log in every month and more collectors are trusting us with information about their collections. We even facilitated exhibitions at shopping malls, casinos, and a cinema in 2018.
When their frustration with current fabric care options had fashionistas Gwen Whiting and Lindsey Boyd worn out, the two entrepreneurs made it their mission to start a new niche and launch their very own at-home, eco-friendly laundry detergent line.
I love everything about the cannabis space. I love the efficacy of it, I love the business of it, I love the smell of it, but more importantly, I love the opportunity of it. And it's a BIG ONE. I'm not the first person to quote stats about the growth of the space by 2025, something like 25 billion dollars, right? Women are flocking to it at a 92% growth over the last few years and all kinds of brands are popping up to capitalize on the CPG (consumer packaged goods) opportunity. I've seen everything from coffee to shampoo with CBD and apparently there are now more dispensaries in Colorado than Starbucks. I sniff a partnership soon between the two.
It took me a while to feel the need to "come out the closet" but I'm talking about a different kind of closet. I decided from the beginning that I would keep my secret hidden from my family and the public. At times I felt as if I lived a double life like I was a secret agent. My family had no idea I was in the cannabis industry. And not only was I deep in it I quit my 9-5 job at the time to further pursue it.
Photo Credit: afewgoodclicks.com
In 2016, Renee Wang sold her home in Bejing for $500,000 to fund her company, CastBox. Two months later, she landed her first investment. Just a half hour after hearing her pitch, she was offered one million dollars. By mid-2017, CastBox raised a total of $16 million in funding. CastBox's user numbers at that point? Seven million. Fast forward to today. Renee Wang of CastBox announces a $13.5 million Series B round of financing, bringing her funding total to a tidy $29 million. CastBox is now serving more than 15 million users.
Dr. Candace Steele Flippin is a nationally recognized communications executive, multigenerational workplace scholar, TEDx speaker, and author. Her goal is to build a bridge across generation gaps so that everyone can get the most out of their careers.