Would you consider getting investment?

"A woman broke up with me, and sent me pictures of her and her new boyfriend in bed together.
Solution? I sent them to her dad."
- Christopher Case

The Power Squad Project

Thought your week wasn't turning out the way you planned??
Imagine destroying $200,000 worth of artwork taking a selfie.
🙈

OMG.
I have to admit, as much as I cringe, I could watch these videos I can watch over and over and over again.  

The embarrassment...

But what is worse?  What happens when you are embarrassed?  Nothing.  

NOTHING. 

You are embarrassed for a few moments and you move on. 

Let me ask you this, what are you not doing because you could potentially be embarrassed by it?  

 

Quick side note from Ashleigh.  Here are my most favorite tools ever.

  • For audio motivation - Relentless by Tim Grover. I listen to him as I was in the mornings.  My walk always becomes a power walk after listening. 
  • To focus during the day I love to focus@will.  They say music helps you focus and for me it surely does.  I blare the classical music.  I am not sure how many people my age choose that over techno but either way I love it.
  • Rosemarie Groner (from the Busy Budgeter) is a friend and I just LOVE how much she gives everything away.  She tells you and anyone she can her detailed way to making money!  Start with her Pinterest Strategy Guide that is worth every penny.  Not. going. to. lie.

Related posts you may like.

 

LEAD.  

--> Have you thought of getting investment from outside your own pocketbooks?  There's a new VC fund run by 9 women founders who are looking to invest in women entrepreneurs.  Would you consider submitting your business?  

Along that lines of topic there's conversation happening today about how men and women get asked different questions when seeking funding.  

I am super curious about this and went straight to the expert on this one.  Katy Triefenbach is CEO Stage 1 Financial.  She helps businesses get their internal financing in order. Companies you wouldn't even think would have an issue, she is making them super healthy!

Here's what she said in it's totality.  Super interesting. 

1. Stage 1 deals with broad consumer businesses, anything from Beauty to food, to apparel, etc. Most of our businesses have a female owner/ co-owner. There is only a few of our businesses that are 100% male owned.
2. From a Stage 1 perspective we have no issues with woman raising capital over men. Some of our most effective capital raisers have been female.
3. Now if I look at non Stage 1 clients, but businesses that are professional services, they don’t think about raising money with investors. They don’t think like that.
4. I recommend female entrepreneurs take the following steps

  • First think about how much capital you need, why and where you would get it from
    • If you can’t answer all those questions easily seek professional advice
  • 2nd- once you know your options (debt, equity investors professional and non- professional, etc.) build the right materials for raising the capital
    • Ex 1: there is a world of difference is preparing for bank debt vs equity investment
    • Ex 2: there is a world of difference in preparing for a friends and family investment vs. institutional
    • If you don’t know what to prepare- seek professional advice
  • 3rd- begin the process of raising
    • Bank debt- pretty straight forward
    • Venture debt- get support on the deal structure with a lawyer or financial partner with experience in this space
    • Friends and Family Equity- pretty easy
    • High net wealth investors- get help on deal negotiations from a Financial partner and a lawyer with experience
    • Institutional money- get help on deal negotiations from a Financial partner and a lawyer with experience and be prepared for due diligence

Most people just don’t know where to begin and who to ask.  ... Raising money is an art form.

Have you considered receiving or have you received financing??  

--> Here's something to watch.  I wonder how it will turn out.  Visa is offering small mom and pop restaurants $10,000 to upgrade their technology and discontinue taking cash.  Seems like a super transparent marketing ploy for the credit card company that only gets paid after credit cards are processed.  They get paid from the restaurant and the credit card owner.  Boo. 

 

MANAGE.  

--> Don't forget to read the fine print.  Thousands in the UK inadvertently, and legally, committed to serving 1000 hours of community service including cleaning toilets and sewage up!

-->  A boss's response to a woman announcing she was taking a mental health day went viral.  
 

GIVE. 

--> I stumbled upon the Side Hustle's Quarterly Report.  Even though I don't write them, I love and am fascinated to read them.  From the report, I learned about Lumen5 a video maker for blog posts.   Hello --> Ah-Mazing!  Here's my first effort.  This video will make you re-think your business today. 

--> Something good happened last week.  An 80 person human chain in riptide currents. 
 

Boom!! We are mid week!  Keep going girl!

 

XXOO, 

Ashleigh Blatt
www.thepowersquadproject.co

 

PS: Do the thing you could fall flat on.  Have fun with it.  Maybe seek investors?

Ashleigh Blatt

Newport Beach, CA

Woman, Wife, Mama of 2, Business Owner & Podcaster.  At GWC Management we improve corporate conversations and maximize productivity.  It's that simple and that difficult.  New Mompreneur on Fire Podcaster & Blogger discussing that tough job of balancing babies and businesses with grace - err - most of the time!