While most entrepreneurs will never end up on the reality show Shark Tank, there are interesting lessons to be learned from those who have. From intellectual property protection to accepting feedback to envisioning your outcome to maintaining confidence to believing your gut, this piece on Medium shares important takeaways from ten women who pitched to the “sharks”.
Since launching in 2009, the Founder Institute’s Female Founder Fellowship program has graduated over 575 female-led businsses across six continents. The fellowship program’s goal is to narrow the gender gap in high-tech startups.
If you are a woman who is working to build an enduring tech or tech-enabled company, you are eligible to apply. (This includes aspiring entrepreneurs currently working full-time, solo entrepreneurs, teams, and entrepreneurs in established companies that are pre-funding.) Click here for more information about the program.
In this 6/1/2019 Forbes piece, Katrina Lake, founder and CEO of Stitch Fix, a fashion-based subscription service shares her lessons learned after taking her company public. (She is the youngest female CEO ever to do that!)
According to the 650 female small business owners surveyed in Visa’s State of Female Entrepreneurship study, 61% chose to self-fund their own startup (mostly out of necessity). This May 4, 2019 article in Forbes shares other options for funding. In addition to bootstrapping, women can also look to grants or SBA loans
Research shows that investors interview women differently than men. Women who want to maximize their chances of getting funding need to learn how to navigate the bias that investors may not even realize they have. Check out this May 1, 2019 article in Fast Company to learn more.
This April 9, 2019 article in Entrepreneur discusses the explosive growth of female minority owned businesses but also highlights how funding options are less available to these founders. The piece also shares examples of how these women are using pitch competitions as alternative funding sources.