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Bell explains: Part of my aspiration [with Shine] was to ensure that people never left the business through lack of opportunity to learn and grow. So it became important to me to provide a way of fulfilling peoples ultimate career aspirations. For some I recognised that would be best achieved by creating their own business. While Bell has never taken on investment, these spin-out companies provided profitable exits. She says: Each business was created with the goal of making it sale ready, to ultimately exit, but the person I founded it with could dictate when the exit happened. Putting staff ahead of fast growth does not necessarily lend itself to attracting investment or to exiting a business for a substantial sum both common in serial entrepreneurship. Nevertheless, a measured approach and serial success are not mutually exclusive. The biggest hurdle to women growing numerous, large businesses is a lack of funding opportunities exacerbated by the fact that the vast majority of investors are men. According to a CrunchBase report , just 10% of global venture capital funds between 2010 and 2015 funded startups with at least one female founder. Meanwhile, in the UK just 14% of angel investors are women, according to a 2015 report (pdf). Nancy Cruickshank is a successful serial entrepreneur who has faced this conundrum. Her businesses have included Handbag.com, a content website for women, a property website and MyShowcase , a personal beauty shopping service through which women can set up their own business as stylists.
For the original version including any supplementary images or video, visit https://www.theguardian.com/small-business-network/2017/jan/11/women-led-startups-smashing-glass-ceiling-investment
"I feel like I can do anything. I want to set an example for my children and for myself that youre never too old or too young to start doing something you truly love . She drew courage from her experience breaking other conventions throughout her career. When Smith started working in the shoe business as a pattern maker over thirty years ago, she wasthe only female in a department of forty employees. Men werent used to having women around the office. Some of my coworkers wouldnt even talk to me, Smith said, and the ones that did often said things I didnt want to hear. But I pushed through, against the odds, knowing that I had the strength and talent to do the job. I wasnt going to give up! Smith spent years dreaming of creating her own shoe company. Eventually, she summoned the confidence required to quit her day job and go for it. She admitted, Im essentially gambling my nest egg." But she said that she is guided by her heart and the younger generation. "I look to women in their twenties and thirties for fashion inspiration, as I have two grown daughters myself. I was also inspired by so many Millennials who are finding their purpose and pursuing careers that align with their passion.
For the original version including any supplementary images or video, visit http://www.forbes.com/sites/meimeifox/2017/01/11/this-fashion-entrepreneur-didnt-let-age-or-gender-deter-her-from-following-her-dreams/
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