10/29/2022
Today, I was asked to share my "Why". Here's my reply :
Personal experience... Despite my degree, M.Ed and 20 years combined experience as a University professor, teacher and then onto International Strategy & Marketing AND Business Law experience - but am not a lawyer - lead me to my business idea.
Yet, I was denied an application for a business loan and being told that the reason was because they (my personal banker) couldn't comprehend how I could be a single mother AND run a business... Side note : My $80k in savings and I walked out of that bank that day, never to return. π₯ππ»β¨
I got a similar reaction from my assigned "mentor"; an "Old school, good ol' boys club volunteer - so he could keep that chip on his shoulder during his retirement - at a local SBA chapter.
Fast forward 11 years : the idea I had brought to these two men ; my business idea, is currently earning two similar companies a combined $55M/yr in revenue... AND, I am at peace, because these experiences lead me to my consulting firm, my true desire, to close social and financial gaps, we ALL have value. ALL. And that makes us all VIPs who have something to share that will have a beneficial impact for a better world.
That being said, I finally got my "nagging" thought answered in 2016, when an extensive study came out, showing that my experience with my banker and SBA was not only an isolated experience - (I cannot tell you the number of times I heard others tell me 'You're imagining it.' or 'Stop exaggerating... do you hate men ?') - but a common one... and FAR worse than I had realized, at that time.***(see below and image)
So my 'WHY?' is to give others the tools that were denied me because I am a women. Also, I am serving those who are closing the social and financial gaps for women. We organize their business management strategy and getting their businesses launched AND funded while using the least amount of personal assets and savings.
What's more, since I had to "do it all myself" and I am keen about DETAILS, I show them how to build security into each step of their business and financial freedom. π₯ππ»β¨
*** See attached image and/or see the more comprehensive outline of this study, I invite you to read it, because Knowledge is not only empowering, but it will help you serve others intelligently.
https://www.fundera.com/blog/the-state-of-online-small-business-lending-q2-2016