238th Roundtable Recording On November 13, 2014: With J.T. O’Donnell, Careerealism

In case you missed it, you can listen to the recording here:

You can find the dates and register for upcoming roundtables here.

Book: Bootstrapping With A Paycheck.

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Roundtable Recap: November 13 – Bootstrapping With A Paycheck with J.T. O’Donnell, Careerealism Media & CareerHMO

During today’s roundtable, we had an excellent discussion with J.T. O’Donnell, a top 20 LinkedIn Influencer, and CEO of Careerealism Media and CareerHMO.

I invited J.T. to brainstorm with us on what she is seeing from the career coaching perspective. Our observations about this gigantic trend of people starting companies while holding onto their full-time jobs, is from the entrepreneurship perspective. People come to us once they have decided they want to be entrepreneurs.

J.T. is in the middle of the decision-making process as people are trying to decide how to play their careers and when to become entrepreneurs.
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Women Entrepreneurs: VC Rejection Does NOT Equal Sexism

I am stating the obvious – or at least what should be obvious – that rejection by a venture capitalist does not automatically equate to sexism. However, of late, the media has started sensationalizing a lot of stories of VC rejection and transposing them as stories of sexism.

These are two different issues, and the cause-effect relationships of the two are ambiguous at best.

In some of these stories, the VCs have exhibited rather stupid behavior, no doubt. However, did they reject the deals because the entrepreneurs were women? I don’t think so. Let’s examine in a bit more detail.
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Mompreneurs Love To Sell Baby Products

Excerpt from my new book, From eCommerce To Web 3.0.

The e-commerce model of business allows women entrepreneurs to have greater flexibility in their lives. That is probably why we see several mompreneurs launching home-based businesses, and some of them scale to much bigger outfits. Of particular significance are mompreneurs selling baby products online. Here are three inspiring stories of mompreneurs who used their love for babies, clothes, shopping, and sharing to create successful ecommerce ventures.

Women Love To Share

Smocked Auctions sells children’s smocks and other clothing through comment-selling on Facebook. It was started by two friends and mompreneurs, Amy Laws and Nicole Brewer. They met in 2008 while trying to get back in shape after having their first children. They had a lot in common – their sons were of the same age and they soon had little girls. They became great friends and it was in the summer of 2010 while attending a sample sale in Dallas that the idea of doing business together was born.
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Women Entrepreneurs: Are We Whining Too Much?

I wonder!

In my recent post, Women ARE Raising Venture Capital, I said, there is no bias among Silicon Valley VCs against women.

I got an earful on that one.

What? There are hardly any female VCs. So few female CEOs. So few blah blah blah.

Right. Yes. I know. But it is what it is. How is whining going to help us change any of those factors?

I countered with: >>>

Building a VC-Funded Fashion E-Commerce Company: Weddington Way CEO Ilana Stern (Part 1)

There aren’t that many venture-funded fashion e-commerce companies out there. The main reason is that the venture capital business is dominated by men, and typically, women happen to be more in tune with fashion. Ilana Stern is building a very interesting fashion company focused on bridesmaid dresses as the starting point.

Sramana Mitra: Let’s start with your personal story. Where are you from? Where were you born and raised and in what kind of circumstances?

Ilana Stern: I’m originally from Los Angeles. I was very close with my family. My dad is actually an entrepreneur of sorts. I was inspired by his hard work and passion for what he does. When I was 18, I left LA and went to the University of Pennsylvania for undergraduate studies. >>>

Nasty Gal Doing Nastily Well

Chances are you have not heard of Nasty Gal. Well, you should learn about them. They are doing nastily well!

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Comment-Selling on Facebook: Smocked Auctions Founders Amy Laws and Nicole Brewer (Part 1)

If you haven’t already, please study our Bootstrapping Course and Investor Introductions page.

Advertising on Facebook is complicated. You can spend tons of money getting ‘Likes’ without making any sales. Smocked Auctions is very smart about actually ‘selling’ on Facebook. Much to learn!

Sramana: Amy and Nicole, I would like to start by talking a bit about your personal journeys. Where are you from? What circumstances were you raised under?
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Roundtable Recap: May 1 – Women, Children and Entrepreneurship

During this week’s roundtable we had a very interesting discussion on the subject of women, careers, children, and entrepreneurship. Last week, my article Talented Women: Please Do NOT Quit went viral on LinkedIn. As of this writing, the article has received 313,016 views, 8,009 shares, 4,007 Tweets, 891 comments, and 3,100 likes. So we invited readers to come discuss the subject today.

Of course, we also had our regular presentations.

Careerealism Media
First up, J.T. O’Donnell from Hampton, New Hampshire, pitched Careerealism Media. J.T. had pitched a few years back at one of these free roundtables, and at the time she was thinking of raising money for her career portal business. I advised her to bootstrap, because typically, online media businesses tend to be slow growth, and not appropriate for the venture capital model.
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Thought Leaders in Online Education: Karen Francis, CEO of Academix Direct (Part 1)

If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. 

Online Education continues to be a fast-changing field, and various people are working on various aspects of the industry to make a complicated puzzle come together. This conversation explores some of those pieces.

Sramana Mitra:  Let’s start with introducing our audience to you as well as Academix Direct and CourseTalk.

Karen Francis: My name is Karen Francis. I’m the CEO and Executive Chairman of Academix Direct. I’ve been in my position for just over four years and I come with a strong marketing and general management background. I was fortunate enough to be on the Board of Trustees at Dartmouth College where I got my undergraduate degree. I have a Harvard MBA. That gave me a unique perspective on education and on what’s behind the curtain of putting together an academic institution. I’ve always been very >>>