Bonnie Moore: Bringing the Shared Housing Movement to Boomers

Bonnie MooreWhen asked to tell her story, Bonnie Moore laughs. “Well, I’m 70 years old, I have a long story. I’ve been through three husbands. I was divorced before I even went to college. And while the truth is, I’m not cut out to be a wife, I’m definitely built for working life. I’ve run my own businesses before, but I didn’t become a serious entrepreneur until I was 69.”

At a time when most people would be putting their feet up for a long-deserved retirement, Moore was writing business plans and seeking developers to launch her online network supporting communal living among mature adults.

Moore’s drive to launch the Golden Girls Network was created out of necessity, but perhaps it also has its roots in her early years as a college graduate and divorcee living the hippy life in San Francisco’s Haight-Ashbury district. “I’ve always loved the camaraderie and convenience of communal living,” she explains.

A hippy perhaps, but for 27 of the 30 years she lived in the “City by the Bay,” Moore was an accountant. That is until she brought a class action suit against the California State Board of Accountancy in a fight over her right to refer to herself officially as an accountant rather than a bookkeeper. The case ended up before the California Supreme Court, and – although she lost by one vote – Moore became something of a celebrity, giving lots of talks on the issue of commercial speech. The experience sparked an interest in law, and so at 44 years of age she enrolled in law school, while working part-time.

“I was 50 when I graduated and the first question I asked myself was, ‘What am I going to do for the rest of my life?’”

But unlike her fellow eager graduates, Moore had to put her legal dreams on hold. “My 29-year-old daughter was diagnosed with AIDS and there was no question that I would drop everything to take care of her. She was one of the first patients in 1995 to get the untested cocktail because she was dying and had nothing to lose. Within one month she started to improve.”

It took almost three years for Moore’s daughter to get back on her feet, but as soon as she was, Moore decided to move on to the next chapter in her life. With a second divorce behind her, she set her sights on Washington DC, and with nothing more than a 15-year-old two-seater sports car packed with a suitcase and a blow-up mattress, she hit the road to finally live east of the Mississippi.

DC was a good move. After several temp jobs as an accountant, Moore secured a consulting gig with a CPA firm and stayed for 15 years until semi-retiring at age 69. She still works part-time for the firm on a project basis.

Bonnie Moore“I was suddenly lost, sitting around in my PJs. I’m the kind of person who needs lots of things going on. I was itching for my next challenge,” she laughs.

Moore’s inspiration for her next move came directly from her own experience. Divorced for the third time in 2008, she was saddled with a large mortgage for her newly remodeled 5-bedroom home in Bowie, MD. “Home renovation is a stressful process,” Moore says wryly. The recession had started and the house value was plummeting.

“I had my dream home. But my income was cut in half and I had 100% of the bills (her ex filed for bankruptcy). I knew I wanted to keep the house so I decided to start looking for roommates. Bowie is primarily a family town so it was challenging to get people to move out there.”

She focused on women in the same age-group. After some interesting experiences … the woman who reorganized all her drawers and the Jehovah’s Witness who shunned her Halloween decorations … Moore finally found four roommates that worked. Multiple house agreements have helped maintain order and balance the demands of five different personalities.

Fast forward five years to retirement and Moore realized her next opportunity was right in front of her. There was a market of mature women struggling financially and searching for housing, and the Craigslists and rent.coms of the world were not meeting their needs. She would establish a business to help other women do the same thing that she and her roommates were doing: find like-minded individuals to sharing housing.

Golden Girls Network is a membership-based organization modeled after match.com that provides an easy-to-use platform for mature women (and men) to search for and find shared living arrangements from a national database. Users can be seek housemates to share in their home or rooms in other Golden Girls homes. Bonnie is also working on a foundation which will support a home companion program through which a housemate could receive a reduced rate for rent in exchange for providing assistance in the home of an older adult. “This wouldn’t include medical needs, but rather help such as changing light bulbs, doing the grocery shopping, and shoveling snow,” Moore notes.

“I was suddenly lost, sitting around in my PJs. I’m the kind of person who needs lots of things going on. I was itching for my next challenge,”

And while the idea came easily and the business plan has evolved, setting up Golden Girls Network has not been without pains.

“We were trying to do too much and there were liability hurdles that I didn’t foresee. Then I found someone to build the database, but let’s just say it didn’t go very smoothly. I almost packed it in until NPR contacted me. I wasn’t even in business yet! Three developers later, the database was ready to launch and the very same day, we were on the cover of the style section of The Washington Post.”

Completely self-funded (although looking for an investor), the network currently includes more than 900 people in 47 states. Moore is in licensing talks to expand the network outside of the US. And even though she doesn’t sport a hoodie, she joined a business incubation center at Bowie State University shortly after her launch.

“We’ve tapped into something that people are really interested in, it’s a sleeper thing. Baby boomers are retiring and their situations are not what they expected. There is an epidemic of middle-age divorce. People who lost the value of their homes or their jobs through the recession don’t have the money to retire the way they thought they would. What’s more, women’s salaries are lower than men’s and often they don’t have secure retirement plans. Retirement communities are expensive, especially for people on a fixed income. Living in shared housing helps cut costs dramatically and the bonus is you don’t have a house or yard to take care of. It’s kind of nice.”

So what’s next for the septuagenarian after she finds that investor and takes Golden Girls Network to the next level?

“Oh, I’m going to be the ‘Where’s the Beef?’ lady – the face of the company – and let someone else run it! One of these days I’m really going to retire and live the life of a Golden Girl.”

Pam Holland: Moxie and Tech, a Recipe for Success

Pam HollandIf she’d had a magic wand, Pam Holland would have been a photo journalist or done something in the arts, but instead the New Jersey girl, with a dash of New York, ended up in law school.

“Part of me loved the problem-solving aspect, but after law school I worked at a law firm doing commercial real estate transactions and I really hated it. It was like being a wedding planner for lawyers, too much detail, too many boxes to check.”

To her delight, she got laid off and was recruited to Fannie Mae where she did mortgage policy work. She loved it and stayed over two decades thanks to the interesting work, great benefits, and a near-perfect family/work-life balance.

But the itch to start a business was constant.

“I’d drive my husband crazy with my ideas. There was Kippah Girl, producing colorful kippahs, the beach buggy rental business (secretly it was just because I loved the name Buggies at the Beach) … I recall standing in front of a soda machine many moons ago saying ‘I wish I could get bottled water from this.’ I’ve always been identifying opportunities.”

Toward the end of her time at Fannie Mae, Holland went to a career counselor and discussed her Pam Hollandentrepreneurial dreams. “Even as a kid, I’d been trying to figure out how to make money. I’d have garage sales and made candles, selling them door-to-door. I remember the coach said if that little voice has been talking to you since you were eight, then maybe it’s time to listen to it. I never thought starting something new was an option for me, but after that I began playing with the idea of what I wanted to be when I grew up.”

About a year or so later and one year before she turned 50, Holland decided to resign. The mortgage crisis had hit, Fannie Mae was in conservatorship, and the economy was blowing up.

“There were no longer opportunities. I had totally outgrown my seat, there was nothing left that I really wanted to accomplish. I felt like I had one more career in me and knew that never starting that business would be my number one regret.”

Despite all the ideas bouncing around in her head, Holland didn’t jump right away into entrepreneurial life. She took a consulting position with Bank of America, but after two years hit a wall and decided to leave – but not without a plan.

“I remember the coach said if that little voice has been talking to you since you were eight, then maybe it’s time to listen to it. I never thought starting something new was an option for me, but after that I began playing with the idea of what I wanted to be when I grew up.”

For some time, she had been thinking about a business that would teach technology to “late adopters,” both the tech adverse and older generations. A lover of gadgets, Holland was always playing with the latest technology, testing out apps, and troubleshooting devices. It all began with a class she called “Getting to Know your iPad” which she offered at a local community center. “Bingo! That was it. The class was full with a waiting list. I went to other community centers and started picking up one-on-one clients. It’s mostly coaching, filling in the gaps, and getting the client comfortable with the technology.”

Pam Holland
A Tech Moxie client showing off the new iWatch

That was two years ago and Tech Moxie continues to evolve. While Holland still does classes and works occasionally one-on-one with clients, she hires contractors to provide most of the services while she concentrates on growing the business. That has proven the biggest challenge thus far: “It’s a very scalable business, I want to go national, but I need to step back and see the bigger picture.”

Tech Moxie is all self-funded. To her husband’s dismay, Holland said she was “willing to live in a cave” to make this happen. Marketing has been her biggest expense, the website and branding and so on, but the loss of her corporate income has easily been the biggest startup cost. But this tech moxie is in it for the long haul.

“Sometimes I wish I had started sooner, but I’m not sure the market was ready. Tech needed to catch up. Mobile phones have really changed the game because, as people age, the accessibility features open up doors that were previously closed. I love when I show a client with Parkinson’s how to use Siri for example. Helping people understand the tech puzzle gives me such a sense of accomplishment and the best part is finally my time is my own.”

Tips from Pam Holland
  • Fake it! You don’t need to be an expert, just be confident … look for breadcrumbs.
  • The only way to learn how to run a business is to go through it.
  • Work on the most important issues first, not the easiest, otherwise you’ll never get to the big stuff!
  • Having an idea does not mean you can execute it. You need to think about the means to manufacture or produce something, but tech has definitely leveled out the playing field.

From the Lab to Labradors: Finding Fulfillment Behind the Lens

Jenny KarlssonJenny Karlsson is a pet photographer based in Pittsburgh. She shared her professional and personal journey from scientific research to photography with Career 2.0.

I’ve always loved nature and animals. It’s not surprising I guess as I was born and raised in a small village not far from Bjurholm, in northern Sweden, where I spent my weekends and summers working on my family’s dairy and potato farm. I left the farm for the lab when I went to study Biomedical Laboratory Science at Umea University and worked as a medical technologist analyzing patient samples in hospitals.

But my heart was pulling more towards the path of research and exploration and so, when I was invitedDog Running to spend the summer after graduation at the Center for Biologic Imaging at the University of Pittsburgh, I simply couldn’t refuse. Once in Pittsburgh, I was offered a full-time position as a research specialist taking images, making movies of cells and tissues, and quantitating the response to different compounds.

While working full-time in the lab, I enrolled in a part-time MBA program at Katz Graduate School of Business with the idea that I would work for a microscope manufacturer or software company once I graduated, as others in the lab had previously done. I took up photography as a much-needed creative outlet when I wasn’t working or studying. I was mostly photographing still life and participating in photography forums such as Flickr until I came across a lifestyle dog photographer in Seattle … it blew my mind that pet photography could be a career.  When I told my boss I had found my dream job, unsurprisingly she looked at me skeptically. And, even though I shelved the idea for a while, my dream remained constant.

Hugging a DogInitially I started assisting local wedding photographers on weekends, becoming increasingly stronger in my technical abilities as a photographer and developing my vision as an artist and storyteller. About four years ago, I began volunteering at the Western Pennsylvania Humane Society, taking photos of dogs for their adoption profiles. It felt amazing to use my skills to give back while gaining valuable experience.

When I wasn’t working or studying, all my free time was given over to photography and building a client base. The demands on my time were hard as I also had just met my husband-to-be. After graduation, I spent most evenings and weekends working on my photography business. I continued working at the lab, where I’d happily been for a decade, until last year when I finally made the leap to photography full-time.

“No matter how much you plan and prepare for it, you’ll never be completely ready or find the perfect moment to quit your job. At some point you just have to jump and trust that you’ve put in place a good foundation.”

In the months before quitting, my husband and I went over all our personal expenses and reduced our spending, treating my salary as if it didn’t exist. We saved as much as possible so that, when I finally left, we had at least four months of living expenses in the bank. This really gave me confidence to make the move.

Although my ultimate dream was to become a pet photographer, I didn’t believe it would be possible to Couple with Dogsmake a living if I specialized in animals. Talk about mental roadblock. Although I photographed pets, I also took family portraits and covered weddings and bar mitzvahs. Eventually I ended up with a pinched nerve, and the joint in my thumb was so out of alignment that I couldn’t even lift my Shepherd-Akita Alice’s water bowl. The business I had created allowed no time for photographing pets, and my body was literally screaming at me that something needed to change.

With the help of an amazing business coach (shout out to Emily Levenson of Propelle), I started re-shaping my business, changing my message, and aligning my passion with why I had started my business in the first place. It was incredibly liberating to narrow my focus and truly speak to my target client. At the same time, it was very difficult to let go of my beliefs of what it would take to make the jump. In the end, I did it. It was almost a harder thing to do than leaving the lab.

Jenny KarlssonFollowing my passion rather than others’ expectations of what I should do was definitely the right decision. It can be challenging to have to self-promote constantly (this goes against the Scandinavian in me), but it’s so much fun when you find your “tribe” who value what you do. I love being in the driver’s seat, deciding how to run my business, what to say yes and no to, and how I grow as an individual, artist, and entrepreneur. It’s also hard work. Even though I have more time to devote to my business, I never feel like I’ve done enough in a day. I try not to work at night and don’t always succeed, but I live more intentionally now to make life more than work.

And in the end, saying I’m a pet photographer always results in interesting conversations. People want to know whether I’ve photographed snakes, spiders or the like. For the record, I hate snakes and only photograph dogs, cats, and rabbits … well at least for now as I recently discovered that one of my neighbors has a pet pig, and I am working up the courage to ask if I can photograph it. Liz if you are reading this, what do you say?

Check out Jenny’s awesome website: Jenny Karlsson, Pet Photography.

Tips from Jenny Karlsson
  • Design a life and business that makes you happy. Choose to do the things that are aligned with who you are as a person, and what excites you. If you’re not having fun in your business, why do it in the first place?
  • Run the numbers and figure out how much you need to cover your personal and business expenses for a certain amount of time. Equipped with this knowledge you can more confidently make the jump and go for your dream. The day may be closer than you think.
  • No matter how much you plan and prepare for it, you’ll never be completely ready or find the perfect moment to quit your job. At some point you just have to jump and trust that you’ve put in place a good foundation.
  • Don’t get caught in the comparison trap, everyone has their own struggles. Look at the big picture and be happy with what you’ve created.
  • Surround yourself with a diverse group of driven women in different industries and form a mastermind. Create an environment that fosters honest conversations, allows for vulnerability, and provides support and accountability. It’s hard to be a business owner, and it is immensely important to have a sounding board to share the wins, struggles and question marks with. Your spouse/partner will thank you!
  • Schedule regular self-care dates in whatever form you prefer. The body has a tendency to hold a lot of stress, and it is important to be kind to it and take care of it, otherwise burnout is just around the corner.
  • There is always more to do, and it is easy to sink into the “not enough” trap. Focus on celebrating the wins, and build momentum one day at a time.

Denise Roden: Loss So Often Leads to Gain

Denise RodenThe first line of Denise Roden’s scrapbook reads, “This is a book about me, for me.” You wouldn’t know it until you glance through those pages, but at one point in her life Roden weighed 265 lbs. It’s possible she weighed more but she can’t say for sure because she never stood on a scale until the morning of her life-changing bariatric surgery. Something else you wouldn’t know by looking at the confident blonde is that starting her own business at the age of 48 has been transformative – even more so than the surgery.

“I feel like I’m somebody now. I worked so many years in an unfulfilling job because I was following theDenise Roden money. Looking back I see how lost I was all of those years. Sometimes when you are overweight you lose your voice. Starting this business has given me my voice and self-esteem back. I did this. I left a well-paying job, but I finally took control. This is for me and no one else.”

Roden grew up in Alabama, north of Birmingham, in a typical Southern family. Raised on fried food and Hamburger Helper, weight was always an issue as she and her siblings rarely exercised and were not encouraged to spend a great deal of time outdoors. By high school, Roden weighed 200 lbs. She tried aerobics and played some sports, but the slow slide into obesity had begun, interrupted by spurts of yo-yo dieting.

Following in her grandmother’s footsteps, Roden enrolled in college to become an elementary school teacher, but her heart wasn’t in it so she dropped out after two years. Ideally she would have done something with computers, but it was 1983 in Alabama and there weren’t many options for that type of career, especially for a young woman.  She continued working odd jobs, toying with the idea of going back to school. She never did, though; instead marrying a soldier at the age of 23. The pair moved first to Virginia and then to Korea where he was stationed.

Weight gain continued to be a problem. “I tried everything. Weight Watchers, Jenny Craig, that crazy grapefruit diet. You name it, I did it. But nothing worked because I was looking for a quick fix rather than being mindful about what I was putting into my mouth and actually changing my lifestyle,” she recalls.

After Korea, the couple moved to Massachusetts, but the marriage was on the rocks. Roden took a secretarial position and taught herself how to use the Wang computer (remember those?). “I did a lot of payroll and accounting, and generally picked up the skills of whatever needed to be done. I was like a skills sponge,” she laughs.

Following his tour in Massachusetts, Roden’s husband was accepted into nursing school with the Army’s support and they moved to North Alabama where the marriage continued to flounder. “My parents had been married for over 40 years.  I didn’t think divorce was an actual option and deep inside me, I really thought I could make it work. However, I just gained more weight.”

“I feel like I’m somebody now. I worked so many years in an unfulfilling job because I was following the money. Looking back I see how lost I was all of those years. Sometimes when you are overweight you lose your voice. Starting this business has given me my voice and self-esteem back. I did this. I left a well-paying job, but I finally took control. This is for me and no one else.”

After returning to school to get an associate degree in general studies, Roden held various office managerial positions and built her finance expertise. After several moves, the couple settled in suburban Washington DC, where Roden worked as Director of Finance and Administration at the non-profit Jewish Women International. She stayed for 14 years.

Denise RodenFour years after the move to DC and several counseling sessions later, the couple finally separated. When her husband got orders to go back to Korea, Roden declined to follow, choosing instead to do a BA in business administration while working full time. Around the same time, she began looking into bariatric surgery as a solution to her weight problem. She was suffering from a barrage of related health problems such as high blood pressure, sleep apnea and hypertension, and the surgery – a stomach or intestinal operation that helps obese patients lose weight – felt like the last option.

After a year of reflection, Roden decided to go for it. As she was still covered by spousal military benefits, the surgery, and accompanying tummy tuck and breast implants to adjust for excess skin were all covered. “I just had to buy the bra,” Roden laughs. “It was such a gift.”

Roden dropped 100 lbs relatively quickly and was transformed. She attended bariatric support group meetings and after getting certified by the Bariatric Support Center International (BSCI), became a support group leader, a task she enjoyed but found frustrating when noticing who was attending the sessions.

“It was the patients required by their insurance firms to be there as part of pre-op or the success stories. The people who really needed to be there, the ones experiencing what I call ‘the creep’ – the slow but steady weight regain – were not coming. I had always felt there was a number on the scale that, if crossed, would be a slow descent from which I’d never recover. So I vigorously fought off the weight regain by focusing on my own wellness and happiness.”

This proved to be challenging considering what she was experiencing at the office.

“I learned a lot in the 14 years at JWI but I also grew up during that time. I was 34 when I started working there. For many years, the salary and work motivated me, but when I hit my mid-40s, I was no longer happy. I didn’t feel valued and wanted something more fulfilling. I’d start crying on Sunday nights when thinking about work the next day.”

A way out finally presented itself when, about two years ago, Roden received an email from BSCI offering her the opportunity to purchase a license for their bariatric support curriculum. At this point, Roden was on meds for high blood pressure and anxiety so she felt she didn’t have much to lose. Her new “permanent fiancé” was encouraging Roden to make a change and was unequivocal in his recollection of those days, “He reminded me just last week, ‘Do you realize the first word out of your mouth every morning was shit! Do you know what it’s like to start your day next to someone who says that every morning?’ I guess it was tough on him too,” she says a little guiltily.

She considered the cost of the license, and determined that she could swing it with the income from her condo rental and some Army spouse benefits. She gave six months’ notice and filed for an LLC.

Today Roden operates the Bariatric Center for Success. She earned a health coaching certificate from Georgetown last year and offers several services targeted at weight-loss surgery patients. Her educational curriculums include “Success Habits™ of Weight Loss Surgery Patients” and “Back on Track™.”

“For me and the 200,000 Americans who undergo this surgery every year, it’s not the end of worrying about food. You think it is the solution – albeit a drastic one – to your problems, but unfortunately it’s not. You need to change your mindset too, otherwise it won’t work.”

Getting the business going hasn’t been easy. Although most insurance plans cover bariatric surgery they surprisingly do not cover educational support services prior to or after the fact, despite that about 50% of patients experience considerable weight regain between 3 and 5 years following surgery. They even pay for revisional surgery when patients relapse but don’t invest in the more cost-effective and less invasive approach of peer support on an ongoing basis. Roden is working to build up connections and partnering with local hospitals to get the support services covered by insurance.

“It’s taking some time but it’s so worth it. On Sunday nights now, I start thinking about the week ahead, what I am going to be doing. I get excited and that means more to me than anything. Especially because I am helping people defeat those sabotaging thoughts and behaviors that cause weight regain and be successful long-term.”

Tips from Denise Roden
  • It’s really difficult to do everything on your own. Working from home, I found it hard not to let personal demands eat into professional time. I joined a women’s co-working space (Hera Hub) to address both of these issues. I’ve met a lot of women who’ve given valuable support to my business, I’ve learned from others, and I’ve been more disciplined about my working hours.
  • Keep lines of communication open with those around you. They might not know how challenging what you’re trying to do is.
  • Also, be sure you have enough for start-up cost. For example: website, CMS, accounting package, etc. There are so many little things.
  • As the President of BSCI, Colleen Cook said, “Reach Further, Dream Bigger, Aspire Higher” That’s exactly what I aim to do!

Dawn Richardson: From High School Teacher to Spirits Distiller

Dawn RichardsonDawn Richardson had an unusual upbringing, but in a way one that made her the ideal candidate to take the leaps of faith required of an entrepreneur. “I was a gypsy kid and went to 20 different schools before I graduated from high school.”

Richardson’s mother was a 70’s hippie, roaming the West with her family living out of a school bus. She was the first female construction worker in the state of Utah, earning money where she could season-by-season and taking classes in small college towns along the way. “You might say she marched to the beat of her own drum,” says Dawn.

But to her daughter, it was normal, everyday life, and there were parts on the road Dawn loved. When it was time to go to college, Dawn headed to a small liberal arts school in Durango, Colorado, where she could explore lots of classes and go skiing. She got a degree in political science thinking that she might eventually head to Washington, DC and work in politics.

“My parents (Dawn’s mother married when Dawn was 13) had always pushed me to teach but I would protest, ‘I don’t want to go into that underpaid, female-dominated, and underappreciated profession,” she remembers. But ironically her desire to travel helped push her in that direction. The family travel bug got her, and she headed to Japan to see the world while earning money teaching English. She taught in Japan for two years, and then returned home and got a masters in education and a teacher’s license and, after brief forays teaching skiing, and then working for a cell phone company, headed back to the classroom.

 “Because of my unconventional upbringing, I always had an openness to it. I would think, what’s the worst that can happen? You lose your business and have to get another job? That’s not so bad.”

For the next 14 years, she taught social studies to high school students. Dawn loved teaching but felt it was time to move on. She felt additional pressure outside the classroom from parents and administrators and then a mysterious illness sidelined her and gave her time to think. “I got a virus that caused my spinal cord to swell and it really scared me. I thought it could be the stress of teaching or just being around all those germs. We still don’t know what it was. Suddenly I was faced with my own mortality and I realized, I’m not happy and I need to change that.”

Dawn and her husband, a software developer, had always talked about opening their own business some day. “Because of my unconventional upbringing, I always had an openness to it. I would think, what’s the worst that can happen? You lose your business and have to get another job? That’s not so bad.”

Together they investigated several options including a beer garden, but were deterred by the enormous start up costs of upwards of a million dollars. But when Rising Sun Distillerythey really started looking at the business, they realized the largest profit is made in alcohol. Then a story on the evening news about local distilleries caught their attention. Looking at the viability of that kind of business, it seemed to make sense.

They started slowly. Her husband continued working and Dawn got her real estate license so they could bring some money in as they were starting up.

They consulted with another distillery in Colorado where they live, and read lots and lots about the business. Then they began experimenting by making wine and beer. When they felt comfortable, they went all in. Cashing in 401Ks, and selling a rental property they owned, the Richardson’s were able to cover the start up costs of property and equipment. Additional business and home equity lines of credit covered them through a few months of operating.

Rising Sun Distillery LogoThey launched Rising Sun Distillery with a line of gin and vodka. Their niche? Local, organic, non-GMO products. And just five months into the business, they are also recipe testing some peach vodka and a pear brandy to expand their product offering soon. While any entrepreneur knows that making the product is just the beginning, the Richardson’s count themselves lucky to be launching in Colorado.

“First of all, alcohol is a highly desirable product. But also, we live in a state where we can go door-to-door and sell our product because liquor stores are all privately owned.”

While her husband and her mother take the lead on outside sales, Dawn develops the recipes and manages the in-house tasting room where they feature their liquors in a range of artisanal cocktails.

In the short four months since they’ve opened, Rising Sun can now be found in 25 different bars and liquors stores in Colorado. Slowly but surely, they are growing the business.

“It’s a bit scary for sure. We’re not paying our bills with profits yet but we’re seeing signs that sooner rather than later, that will happen. But there’s so much to learn in this industry and I feel like we’re just babies starting out. But it’s really fun.”

Richardson’s one regret?  Her freewheeling childhood gave her a comfort with risk taking, but it didn’t give her any mentors in business. I’d love to talk to other women who are doing this because it can be hard and that would be a nice support.”

Tips from Dawn Richardson
  • Assess your comfort level with risk, if you are not a risk taker and are not comfortable with the worst case scenario, then opening a business might not be the best choice.
  • Working for yourself is a 24 hour job.  The satisfaction of working for yourself far outweighs working for someone else, but it is very hard to leave work at home and have a work life balance.
  • There is so much more to opening a business than I first thought, and a lot of the tasks are not in my skill set.  It is important to know when to outsource and when to hire help or when to join with others.

Recycling My Life by Helping Others Recycle Theirs

Tiffany BeverlinTiffany Beverlin is the Founder and CEO of DreamsRecycled.com, an online marketplace specializing in divorce items such as wedding dresses and rings and comprehensive website for the divorce community. 

Let’s face it: Life can suck at times. Perfect families, perfect relationships, and perfect lives is not reality for most people. Life is a constant stream of ups, downs, plateaus and curve balls for the majority of mankind.

I had spent the majority of my adult life married, a devoted mother to my three children, and wife to my now ex-husband. I loved it. I gave up my career to stay home and raise my children. I felt fortunate to be able to do so; after all, not everyone gets this privilege. I was happy – or so I thought. I had three healthy kids, a husband who made plenty of money to support us, a beautiful home, a great group of friends and so on. It was pretty much everything many women dream about.

Then life happened – the sucky part I mentioned earlier. And I wasn’t prepared for it. That’s where the dream died.

When you find yourself going through a divorce, you quickly realize that the financial burden rests squarely on your shoulders. You can’t rely on your spouse’s income anymore. That’s hard enough. But what nobody tells you is that trying to go back to work after a 12-year hiatus makes you virtually unemployable by most human resource department standards. This was the reality I faced.

I wish I could say I handled it well, that I was the poster child for being strong and holding it all together. But the truth is that divorce could bring Hercules to his knees. I was a mess: A crying, depressed, may-not-ever-get-out-of-bed disaster. A few months in to a very messy situation, I had that realization that hits you like a ton of bricks: My dream really was dead.

On one of my darkest nights, I went to bed exhausted, as I often did, from the emotional trauma of it all. Struggling to figure out how I would find a job or earn cinderellyany income, I drifted off to sleep. That’s all it took to start my entrepreneurial journey.

That night, I literally dreamt that I had to sell my engagement ring for the money but couldn’t find a jeweler or pawnshop that would take the ring and give me a fair deal. I was desperate. I needed the money. Yet there was no place I could turn to sell what was once one of my most prized possessions.

Upon awaking, I realized that this dream was actually a reality. I did some research and quickly discovered that there was no marketplace for what I needed. Pawnshops would rip me off, jewelers would buy it for 50 percent below market value and selling privately could take months, if not years.

I started to wonder why there was no website for people like me. There were divorce lawyers and therapists everywhere, but there was no community, no support, no advice and certainly no place to sell my old ring and dress to fund the next stage of my life. I could name at least a dozen wedding websites but couldn’t name a single URL for divorce.

I wish I could say I handled it well, that I was the poster child for being strong and holding it all together. But the truth is that divorce could bring Hercules to his knees. I was a mess: A crying, depressed, may-not-ever-get-out-of-bed disaster.

Days later I had incorporated my company and retained a web designer to build the first online community and marketplace specializing in selling items from divorces. My old, dead dream of marital bliss and the perfect family had spawned a new dream: entrepreneurship.

I worked hard, educated myself, and studied all of the things I thought I should know to make this business a success. From e-commerce and marketing to branding, SEO, social media and Google analytics, I threw myself into it head first, mostly at 1 a.m. while my kids slept. I also started to research divorce, something I quickly realized was a giant of an industry ($50 billion a year in the U.S. alone).

When DreamsRecycled.com launched I was unbelievably lucky to have my story air on Fox News and syndicated throughout America. I was quickly featured in Dreams Recycled LogoThe Huffington Post and numerous other media outlets. It was at this time when I realized the size and scope of my business endeavor. There were millions of other people like me who felt lost, lonely, and were in need of practical information. They needed a place to connect, bond and find their next dream. Over the course of the first year I was contacted by thousands of men and women who simply wanted to share their stories and connect with me. Some simple thanked me for inspiring them to recycle their lives after divorce.

I still love connecting with my users, but the biggest miracle of all of this was that I was inadvertently recycling my life as well. My company gave me a career, a purpose and a reason to get out of bed. Each person I helped propelled me to make the website bigger and better. Each story I heard inspired me to keep going. My website inspired me to date again. After all, how could I blog about moving on if I personally wasn’t attempting to do so? It made me realize I wasn’t alone, not even in my most dismal divorce moments.

My story may not be the norm in business. I had no tech experience, no startup knowledge and no e-commerce background. But if you believe in your product, follow your passion and focus on the task at hand, anyone can recycle their life and start their next dream.

 

Making the Ordinary Extraordinary

Eliza LucasEliza Lucas is Owner and Operator of Top Dog, an all-American, hot dog and fried clam shop based in Rockport, Massachusetts. She shared with Career 2.0 the story of how this small business got its start.

Very few people would think of opening a hot dog stand as a “get-rich-quick” scheme. And indeed it isn’t. But looking back, it was the best decision my husband, Scott, and I ever made.

It was 2001 and we were living in the metro Boston area. Scott, who had just been laid off at his tech startup, was working as a disc jockey on Boston radio and I was video producer, but we both knew we wanted to do something else. We had always hoped to move to the North Shore (coast of Massachusetts) because it seemed like the ideal place to raise a family, and I wanted to offer my children something like what I had when I spent my summers there as a child.

We settled on Rockport, MA  – an idyllic place with a great school system. My grandmother had owned a shop there while I was growing up and Scott and I had often kicked around the idea of doing something similar. But opening a shop on Bearskin Neck was a dream that, frankly, we never thought would come true.

Top DogThen we had a major stroke of luck … the Portside Chowder House restaurant, at the time a Rockport staple, changed locations and their old spot on Bearskin Neck became available. If we had known back then just how hard it would be to get our little hot dog shop off the ground, we likely never would have taken such a gigantic gamble. The building needed to be totally gutted, we weren’t married yet we were taking this huge life-step together. We had no plan and no money.

Minor details – we dove in!

What we did have was a belief – one that has served us well ever since. We were sure we didn’t need to come up with some sort of spectacular breakthrough product in order to have a successful business. We believed in the idea of glorifying something basic. That is to say, you can take something simple and if you do it really well, customers will appreciate it and they will come back for more. Bearskin Neck didn’t have a hot dog stand at the time, there was a building available, and Top Dog was born thanks to a loan from the local small-business-friendly bank, Rockport National Bank (now part of Institution for Savings).

Everyone has heard that tired old phrase “if I’d known then what I know now,” but I’m being completely serious when I say that the only reason we did this was because we were young and naive. Top Dog has grown every year that we’ve been in business. However I think every new business owner underestimates just how long it will take before you start seeing actual results. We couldn’t afford any additional help, so either Scott or I had to work the restaurant at all times.

Looking back, that may have actually been the secret to our success. Because we did everything ourselves, we kept total quality control over our product. We Scott Lucasknow now that a hot dog stand on Bearskin Neck was a pretty good idea. But it would never have worked out if our food had been mediocre. We don’t just sell hot dogs – we sell really good hot dogs! With effort, and no other options, we somehow succeeded in making the ordinary extraordinary.

However, the second Top Dog actually started to grow, we faced a new challenge. We are a seasonal business and, once we could actually afford help, we had a hard time finding it. As soon as we got staff trained it was time to close shop for the winter. It was a vicious cycle that really frustrated us early on.

It was then that we found even more reasons to be thankful that we’re based in Rockport. People have a real attachment to this town, and they quickly grew to love Top Dog. We were shocked by how much everyone genuinely wanted us to succeed. A lot of people in the Rockport business community had laughed at the idea of a hot dog stand, but they also were always willing to lend us anything we were running out of and were legitimately interested in our success. I vividly recall talking to Kenny Porter of Roy Moore Lobster Co. in our first year in business and, when I mentioned that we would be competitors, he simply said he didn’t look at it that way and was more concerned with having as many high quality establishments in town as possible (though he later told me he thought we’d be gone in a year!).

We struggled at first, but we were eventually able to build a part-time employee network, comprised of people who even today are always willing to drop everything and help us when we need them. We still have a cook who comes in at any time. And one of our girls has been coming back every summer for ten years (this will be her last, as she’s graduating from college).

Top Dog TeamAs we’ve established ourselves, we’ve been able to slowly branch out, and now we constantly tweak our offerings to suit our changing customer base. We began selling clams in 2008 – we couldn’t afford to be one dimensional, plus we had to add a more expensive price point because, if every sale were a hot dog, we’d have had to up the foot traffic through the restaurant to a level that wasn’t feasible. We do well off the tourist market, but we also do our best to cater to the locals (99 cent hot dog night is still something we do mostly for the local crowd, as it’s very much an “in the know” event).

I don’t know if there ever was, or ever will be, an “aha” moment where we’ll suddenly decide we made it. But we were named Best Fried Clams on the Northshore by Northshore Magazine in 2014 (and again in 2015!), which put our clams on the map. But more importantly every week of the summer someone stands up and says “that was the best ___ I’ve ever had.” That’s really what keeps us going. If it weren’t for accolades like that, we’d have both quit a long time ago.

After nearly 15 years in business, Top Dog is still growing. We’ve brought it to a point now where Scott runs the restaurant and I run the business. We’re even Top Dog Fried Clamsconsidering opening a second location. But we would only do it if we could run it ourselves, because the quality of our food is really what’s made us successful. Even now that we’ve grown, we make our own tartar sauce and source the highest quality local clams and lobsters.

We started out with the idea of glorifying something basic, and that remains the foundation of Top Dog today.

Mary Lou Bradley: Painting the Picture-Perfect Life

Mary Lou Bradley

Mary Lou Bradley worked for the man who created Three’s Company, a TV show those of us of a certain age will remember. She also worked for Bill DeBlasio before he was the mayor of New York City. She went to culinary school and learned to make pastries. And then, at age 55, she became an entrepreneur.
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The Highs and Lows of Launching a Business

bitzy_baby.jpg-large

Former teacher Whitney Reeves is the co-founder of Bitzy Baby,  a juvenile safety product company with a mission to instill confidence in parents that when their babies are put to bed they’ll sleep safely. Bitzy Baby’s signature product offers a solution for parents seeking a safe alternative to the traditional crib bumper. Reeves reflects on her experiences of starting a new business. 

You’re Never Ready

“You’re never ready” is something I heard a lot before my husband, Seabren, and I had children of our own. It’s a phrase I also said as a former Bitzy Baby Cribelementary teacher to parents as their children went off to the next grade. And it’s what I say to anyone with an idea that they are passionate enough to explore further. And yet, that phrase is a reminder of how “never being ready” means be brave anyway! Have the courage to jump in because you learn more from experience than anything else and because no one else has the exact same experiences as you. You’re the only perfect fit for that next adventure!

The Birth of Bitzy

I have a rare genetic gene that made my pregnancies high risk and, facing our infant’s potential fragility, we wanted the safest environment possible. It was during this time that the idea of Bitzy began. Safe sleeping shouldn’t be complicated. As a problem solver and believer in figuring out what you don’t understand, I felt compelled to do what I taught my students every day: be brave and try. After analyzing all the critical features needed for a safe sleeping environment, I designed the crib bumper solution. A product that provides not only modern, collapsible and preventative features but also creates a cushioned, breathable environment essential for infants sleeping up to 16 hrs/day.  What began for Seabren and I as a product has transformed into a mission advocating for the safe sleeping of all infants.

When you’re an entrepreneur, there are moments when you’re deciding if the best choice this week is to allocate this week’s grocery budget and scour your shelves for meals so you can utilize those funds for your start up.

Recognizing a NEED

Bitzy Baby Nursery RoomAs consumers and producers, we don’t make a purchase without an emotional connection. It may be the specific scent of a shampoo, the texture of a shirt, or the desire to be part of a group of consumers. And that is often the exact reason why entrepreneurs create something. Because they ARE the consumer wanting what isn’t available yet. As parents of a newborn, with busy careers and a new home, we were expected to do the traditional thing and settle down. But Seabren and I aren’t the conventional type so we took on the birth of an additional “baby” and launched a company.

A Supportive Cofounder Does Matter

My husband and I are opposites but our differences make for a perfect fit in our business relationship. Unlike most start-ups, we’re able to pause to focus on our family time and then dive into projects after our boys’ bedtime until the wee hours of the morning. Our “meetings” consist of nachos, dreaming big, finalizing priorities, and winding down with a favorite rerun to cap off the night.

Because we’re opposites, Seabren knows not to speak only in numbers and I don’t need to explain why I chose a specific color or graphic. We respect our different areas of expertise and challenge ourselves rather than each other and, because of that, we are the perfect cofounders. And although we’re opposites, we’re both dreamers and doers, so it’s key that we support each other in our strengths but, more importantly, our weaknesses.

Start-up Goals Outweigh Challenges

There is no manual! You’re signing up to start something that will require some creativity to make it a reality. You’ve got to have a passion that’s rooted in something so much more. When you’re an entrepreneur, there are moments when you’re deciding if the best choice this week is to allocate this week’s grocery budget and scour your shelves for meals so you can utilize those funds for your start up. It’s in those moments that you have to feel passion for what you are doing rather than simply wanting to produce something or make money.

Whitney Reeves Bitzy Baby with a Crib on the Beach

Three Invaluable Words: Focus, Framework & Finance

As someone with a newborn infant diagnosed with a rare genetic disease, in the throes of renovating an old home and starting a new company, there are three important words I have always kept in mind: finance, focus, and framework.

No matter what you are balancing at home, launching a startup takes guts and it’s tough to find the financial resources to make it a reality. You have to make sacrifices. Every day, you must focus on your business and carve time out, trading sleep for extra coffee. But developing the right framework for converting your idea into a business will make things easier and that requires planning. You must become an expert in your field.

Overall, you have to recognize your success is based on your strengths and weaknesses. Establishing a support network that helps you succeed, finding creative financial resources, and having the drive to continue when things become challenging are ingredients for creating your perfect career 2.0.

Lynne Goldberg: OMG! I Can Reinvent Myself

Lynne Goldberg MeditatingIn a short period of time, Lynne Goldberg lost all the personas with which she had come to identify herself.  They fell away, one after the other. No longer expectant mother, daughter, wife, sister or businesswoman, she was left with only one face to look at in the mirror and she didn’t like what she saw.

Goldberg grew up in Montreal, Canada, and joined the family retail chain business where she spent more than two decades in charge of merchandising management. She was a typical type-A executive, stressed out and overworked, which wasn’t exactly helpful when she and her husband decided to start a family.

“We had a lot of trouble getting pregnant and went through numerous failed fertility treatments. I was overjoyed when I finally discovered I was pregnant with twins after four years of effort.”

“It really helped me. We wear so many masks all the time and when you finally get down to it, who you are at your core really doesn’t change. Knowing that helped me shift from meeting external identities to finding myself.”

Her joy turned to sorrow, however, when Goldberg’s mother was diagnosed with terminal colon cancer. The stress, combined with her full-on work Lynne Goldbergschedule, forced Goldberg to take bed rest on her doctor’s orders to save her pregnancy. It was all in vain as she miscarried and had to deliver the fetuses. Within the year, Goldberg’s mother died and her world fell apart as her brothers pushed her out of the family business.

“My mind was just not there anymore. I couldn’t perform at work and wasn’t able to do what they needed done. It was a business after all, so they asked me to leave. And despite having adopted two children, my marriage unraveled. I lost everything in a few short months,” she recalls.

She threw herself into a new line of work, using money from her buy-out to launch a home décor importing business to support herself and her children. Nevertheless, it was hard, as she was constantly travelling to China and Europe. On a personal level, Goldberg was angry, disconnected, and generally unhappy. She carried around the feeling that there had to be more to life.

Seeing her struggle, a friend turned her on to meditation.

“It really helped me. We wear so many masks all the time and when you finally get down to it, who you are at your core really doesn’t change. Knowing that helped me shift from meeting external identities to finding myself.”

She continued running the business but was really drawn to meditation and signed up for more and more courses, trying to figure out how she could develop that aspect of her life further. She began teaching meditation at hospitals and schools, until she finally came to the realization that teaching was what gave her the most satisfaction. Although her importing business was doing well, with clients like Costco and Walmart on board, Goldberg decided to sell and focus full time on teaching meditation.

“It was an easy decision.  There wasn’t any meaning in what I was doing; it didn’t make me feel good. Teaching did. When you get out of your own personal drama and look at the world from a bigger perspective, what good you can do, your mentality shifts. It’s empowering.”

And her perspective did change. Goldberg reconnected with her brothers, with whom she is very close today. She remarried and – most importantly – she’s happy and fulfilled.

“I went from being consumed with anger to having family that I love. It’s like that expression says, ‘Holding on to anger is like grasping a hot coal withOMG I can Meditate! Poster the intent of throwing it at someone else; you are the one who gets burned.’ One of my biggest life lessons has been forgiveness. Now I choose to find the things that give me joy. Instead of feeling something was taken away from me, I shifted to what I have.”

But the Type-A exec still lurked beneath the surface, and Goldberg wondered how what she was doing could be bigger – how she could reach more people and give them the same joy she was experiencing. As it happened, Goldberg’s husband, a fellow meditation convert who had been in tech, was feeling the same way. His last business produced ringtones and mobile content, and his number-one selling app was the fart ringtone. So it’s hardly surprising, he too was having the sense there’s got to be more and wanted to help his wife in her mission. The couple teamed up with another husband and wife duo who also meditated and had experience building apps.

After one year in development, the result was OMG I Can Mediate, a mobile app targeted at people who have never meditated before. The app launched in March 2015 with 12 weeks of content (the first of which is free) and over 100 specialty meditations from helping you wake up in the morning or go to sleep at night to dealing with your kids. There’s even the wonderfully named “My Boss is a Jerk” which teaches compassion.

OMG I Can Meditate! Logo“If you live in NY or LA, then meditation is widely accessible. But in most other places, it’s still primarily just the early adopters. We wanted to give everyone the opportunity to meditate and make it less daunting and a little fun,” the 52-year-old explains. “The irony is that the very devices that have made us more frenetic can also be the means to finding peace and happiness.”

They are constantly updating and adding new content to the app. After the launch, they were the number-one app in India – an unexpected but pleasant surprise. And AppPicker.com called OMG I Can Mediate “best meditation app available in the app store.”

Looking back at how her life has changed, Goldberg is effusive “I feel blessed, truly grateful. I cannot believe how lucky I am. We wonder why tragedy happens. Sometimes the explanation takes 20 years to figure out. If I knew back then how everything would turn out, I would have been a lot happier. But at least now I have this sense of trust that when stuff happens, it’s meant to happen and it’s going to be OK. It takes the drama out of the day-to-day stuff.”

Test drive the meditation app.

Tips from Lynne Goldberg

  • Building a business process requires a great deal of perspective.
  • Do what you are passionate about. You’ll find success, if you truly love what you’re doing. But remember, you can define success in many ways. Happiness should be the baseline.
  • If you’re thinking of launching an app, keep these things in mind: Keep it simple; Be patient. It takes time to build a brand; Believe in it and let go of expectations; Breathe!

 

 

5 Start-Up Tips from Female Founders

NY Power Panel 2015

Virág Gulyás is Founder and Chief Editor and Shamim Shahzeb is Editor of MissCareerLess, a down-to-earth magazine dedicated to women of all ages. Its ultimate goal is to create a virtual storytelling platform and be the go-to empowerment site for women. MissCareerless’ uniqueness lies in its exceptionally multicultural content that proves that no matter where we are, we are in the same game together.  

NY Power Panel 2015
Virag and Shamim from MissCareerLess

This past month, we attended a Career 2.0 and Economic Ventures event in New York City bringing together five women entrepreneurs who shared their startup adventures and encouraged other women to follow their dream and launch their own businesses. Though they came from very different backgrounds, the Power Panel of female founders shared a common characteristic: they all started their journey to success with one idea that happened to be in line with their passion. Today, through determination, hard work, and skill, they are proud owners of their respective businesses:

  • Barbara Werner, owner of Musical Pairing Inc., a unique concept of pairing your meal with music.
  • Mary Molina, founder of the gluten- and GSA-free Lola Granola.
  • Deborah Hernan, founder and CEO of Ottilie and Lulu skincare products for tweens.
  • Sumeera Rasul, founder of Madesmith, an online artisanal product marketplace that shares stories of artisans and their products.
  • Marlo Scott, the founder and CEO of Sweet Revenge; a popular eatery at West Village, which pairs desserts and savory dishes with wine and beer.

Here are five key take-away messages they shared with the audience:

DO YOUR HOMEWORK – by Marlo Scott

NY Power Panel 2015
Marlo Scott

We have all been taught to do a basic business plan before venturing out to establish your own business. Identify the gap in the market, do your research qualitative or quantitative, and have a roadmap ready that will guide you in the initial stages of your entrepreneurial adventure. But write your business plan even if nobody will read it. You are doing it for yourself. And if after writing it, you still love your idea, then do it. The panelists agreed that to have a successful business plan, research is the most important step and, for that, you must think “outside the box.” For instance when Deborah began her qualitative research she went to different department stores and malls but couldn’t find her audience, tweens. So she went outside the box and did her research at a toy store and got the data (and chance) she was looking for. Thus, start by looking at places where you otherwise normally would not.

NEVER UNDERESTIMATE YOURSELF – by Deborah Hernan

NY Power Panel 2015This one is self-explanatory, but easier said than done. When you have setbacks on the path to your entrepreneurial venture, remember to believe in yourself and your capabilities. “People, who look really confident, might not be as confident as they appear.” There are days when you get up and feel everything is possible. But there are those days when you feel you are in the backseat. That is when you have to believe in yourself even more. Mary, echoed Deborah’s message by saying: “I faced quite many setbacks and troubles in getting the required certification for my granola.” There were days when she would simply cry after talking to people on the phone who refused to give information to her. But she persisted. She believed in herself, her capabilities and, most importantly, her product. This led to her granola bars being picked up by Whole Foods and her business steadily taking off.

JUST JUMP IN – by Sumeera Rasul

We have all been there: sitting at our desk, tired of the same 9-to-5 routine and our challenging (bad) bosses. We keep telling ourselves the NY Power Panel 2015calming mantra: “One day I will start my own business with that great idea that has been lurking in my head for a long time.” As reassuring as it sounds, our panelist warns us: that time will never come. So either you jump in or you never ever jump. (“It helps if you are laid off’”– added Marlo with great sense of irony). Do not wait for that “one-day’” to come, make today that day. And how do you motivate yourself to take that plunge? Change your mindset. To become an entrepreneur, you must start thinking like an entrepreneur. Once you have a business plan and the initial ground stone of your company or even just a business idea, start talking about it. Ger the word out. Tell everyone you know and even people you don’t know. You will be surprised how doing this might lead to the next step in your venture. If you get started, other people will lift you up!

SEEK OUT AND TAKE ADVANTAGE OF THE MYRIAD OF RESOURCES – by Mary Molina

As it is so pervasive, we often overlook that we’ve got Google as our primary and free resource to use for research. It allows us to study about our business idea, to gain a sense of awareness from the market we are venturing into, as well as to get to know about competition – if any. Another great tool we have is reaching out to people who might be already in the market. You can ask them to link you with people who might be interested in your new business. The key here is to  actively build a network of people who can support you and could be valuable sources of information and help. At the same time, you have to be determined and confident about your idea. As Sumeera intervened: “If you want to know who your friends are, start a business.”

NY Power Panel 2015
Lisa from Career 2.0 (center) with Gwendy & Carrie from Economic Ventures

If you find yourself without any support to begin with, you can always reach out to different platforms. Think of SCORE, which brings together a group of retired entrepreneurs who offer guidance and resources to to-be-entrepreneurs or already established business owners who are retiring or selling out. Then there are organizations like the Tory Burch Foundation: Finance for Female Entrepreneurs, which provides economic support. Or Goldman Sachs that provides resources such as 10,000 Small Businesses and 10,000 Women, which help entrepreneurs and women business owners by providing them with the required education, capital, and support.

KNOW WHAT YOU KNOW AND THEN CAPITALIZE ON YOUR STRENGTHS – 11406790_470060686492234_6554088178124972224_nby Barbara Werner

The multifaceted Barbara is driven by curiosity and believes that everything we learn we will be able to use somewhere along our journey. But how do we know if something is really worth our time to dive in? “You know you more than anybody else do.” So know what you don’t know and commit to learning it! But also – and to establish your business – you need to know your strengths. You need to be able to line them up and build on them. Even the statement: “Well, I’ve been a mother for 15 years’”shows that you are patient, you’ve got great communication skills, and you have determinationOnce you established your strengths and know your business plan to the smallest details, collaborate with people and organizations, which have the strengths and skills that you or your company might be lacking. That is how you can start building up your team. Only by preparedness you will be able to anticipate the changes in the market and be ready to react to these changes in your business plans.

Stay posted for more Power Panels organized by Career 2.0 (coming to DC soon) and a follow-up event in NYC with Economic Ventures.

Nichole Montoya: “Nacho” Ordinary Payment System

Nichole Montoya and Molly DiCarlo at National PTA EventAccording to the Urban Dictionary, the go-to source for the definition of all terms hip and cool (or in our case, slang we hear our kids using) to “Cheddar Up” is “to gain money through legal or illegal means.” As in “Man, I gotta get my hustle on and cheddar-up.” No small irony then that two moms in Colorado, by way of the Iowa and Nebraska plains, should settle on Cheddar Up for the name of their venture, the latest and most innovative arrival to the stage of group payments.

“Every time she hears me explain that ‘cheddar’ is slang for money, my co-founder Molly can’t keep a straight face. There is just something about two moms, handing out cheese cubes and company flyers at a school carnival that doesn’t scream Jay-Z,” laughs Nichole Montoya. (more…)