Words of Wisdom from Female Billionaires & Millionaires

[Bellini]

Just a 5 minute clip, but it's interesting that everyone has a different story about how they got to where they are.

P.S. I love JK Rowling's bit

 

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[Karen]

I remembered this thread and how I loved that you brought up some female role models & motivation!
Let's keep this up! It is pretty hard to find great content on female entrepreneurs because you always run into the same women. I kept my eyes open, and will share in your style @Bellini if I come across another great entrepreneur.

Todays Female Entrepreneur: Charlotte Tilbury
- Super famous make up artist currently building her beauty empire
- Her make up line is making waves in the industry
- The interview is very personal and gives an authentic perspective into what makes her tick

 

[Bila]

One of my role models is Christine Lagarde, head of the IMF ....i chose a clip where she explains how she stood her grounds facing another powerful woman, Angela Merkel during the Greek crisis

 

[Imgal]

I have to admit that the majority of entrepreneurs / mentors I turn to for advice are men and not women. It's definitely not been intentional, but I have realised that while I don't think that there should be gender segregation in entrepreneurship, the difference in sex does often create slightly different perspectives on things. I'm a bigger follower of the philosophies of guys, such as Tim Ferriss, Ryan Holiday, Gary Vaynerchuk in the realms of test, tweak, break, improve, but when it comes to the getting unstuck with marketing ideas at times it's definitely been the Kelly Hoppen, J K Rowling, Alex Polizzi, Mary Portas and Chalene Johnson of the world who have clicked me back into focus.

 

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[Karen]

You are so right! It's hard not to follow the male lead, especially when authenticity and natural leadership is more abundant. And I can't argue with best in class mostly being male role models. Many inherently male character traits are what makes an entrepreneur successful. Just like you said - testing, tweaking, breaking are so essential for entrepreneurship and come a little harder for the female gender
The more kudos to those that manage to thrive on female energy!
Maybe we can add a few more to the list

 

[Bellini]

31 year old Elizabeth Holmes, founder of Theranos

Worlds youngest self-made female billionaire

 

[RHL]

Worlds youngest self-made female billionaire

Pretty sure Zuckerberg was a lot younger than that.

*I didn't read carefully. Sorry.

 

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[AllenCrawley]

Pretty sure Zuckerberg was a lot younger than that. Does he not count as self-made because he got VC and tiny starter loans from people?

Youngest Female billionaire.

 

[RHL]

Youngest Female billionaire.

That's what I get for commenting first thing in the morning.

 

[Bila]

Hello ladies ( and guys who follow this thread )
Wanted to share a youtube channel that i find interesting

Also a book that every female entrepreneur should read, from Chin-Ning Chu the author of Thick face, Black Heart

 

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[Delmania]

31 year old Elizabeth Holmes, founder of Theranos

Worlds youngest self-made female billionaire

Given the controversy around Theranos, I'd probably take any advice from her with a grain of salt.

 

[Ubermensch]

In the Forbes article posted in this thread, it emphasizes how some billionaires used hard-core, gritty cold-calling in their early careers.

"Sara Blakely, the billionaire founder of the shapewear company Spanx, had a similar experience in her eight years working for a company that sold fax machines door-to-door. She recalled, “I would wake up in the morning and drive around cold-calling from eight until five. Most doors were slammed in my face. I saw my business card ripped up at least once a week, and I even had a few police escorts out of buildings. It wasn’t long before I grew immune to the word ‘no.’” When she started Spanx, she needed to find someone to make a prototype of her product, and she began by telephoning local hosiery mills. Without exception, they turned her down. So she drew on a lesson she had learned from cold-calling: Face-to-face makes a huge difference. She took a week off of work and drove around North Carolina, popping by many of the same mills that had already rejected her on the phone. She sat in the lobby and waited to speak to the founder or owner. It eventually worked, and the Spanx prototype was born.

From cold-calling, Blakely also learned that you have about 15 seconds to capture someone’s attention—but if you can make them smile or laugh, you get an extra 15 to 30. With no money to grab people’s attention the conventional way, through advertising, she decided to infuse her product with humor wherever she could, from naming it Spanx to writing “We’ve got your butt covered!” on the package. She ended up turning Spanx into something people love to joke about. Her product has been mentioned everywhere from The Oprah Winfrey Show to Glee—for free."

Many people like to talk about failure in their business careers. Few people see failure as much and as consistently as someone who took the route Blakely took.

I wonder how many times she considered quitting.

I wonder how many times the thought of giving up crossed her mind.

Her life is the truest sort of validation there is for the people out there constantly feeling the sting of failure.

The greatest successes are built on massive piles of painful failure.

 

[Ninjakid]

I have to admit that the majority of entrepreneurs / mentors I turn to for advice are men and not women. It's definitely not been intentional, but I have realised that while I don't think that there should be gender segregation in entrepreneurship, the difference in sex does often create slightly different perspectives on things. I'm a bigger follower of the philosophies of guys, such as Tim Ferriss, Ryan Holiday, Gary Vaynerchuk in the realms of test, tweak, break, improve, but when it comes to the getting unstuck with marketing ideas at times it's definitely been the Kelly Hoppen, J K Rowling, Alex Polizzi, Mary Portas and Chalene Johnson of the world who have clicked me back into focus.

It's probably because there are way more male entrepreneurs than female entrepreneurs. More variety to learn from.

But luckily that's changing. More women becoming wealthy and powerful will inspire more women to do the same, and the old beliefs of patriarchy will fade into obscurity.

When you think about it, women holding any positions of power is a concept that started gaining traction less than a century ago.

 

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