“Companies run by women tend to be asked different questions when it comes to investors.”
In this episode of the Master Delegator podcast, Kristy Yoder discusses profoundly with Zuri Dacosta, the founder of Beanworx, a company dedicated to helping women-led businesses secure funding and close the equity gap. Zuri’s passion centers on providing alternative funding methods, such as equity crowdfunding, to address the substantial disparities in venture capital funding that women entrepreneurs face.
Zuri provides insights into the different types of crowdfunding, the importance of understanding one's community, and the significance of storytelling in engaging potential investors. She also candidly discusses the challenges she faced in the industry, including the gender biases that result in women-led businesses being scrutinized differently by investors. Despite these hurdles, Zuri shares her optimism and the incremental progress being made, highlighted by the slight increase in venture capital funds allocated to women-led businesses.
The conversation explores Zuri’s strategies for maintaining a work-life balance amidst her entrepreneurial efforts and a full-time job. She emphasizes the necessity of rest, time management, and the sacrifices sometimes required to achieve long-term goals.
Key Takeaways
- Statistics Awareness:
Understand the significant equity gap in venture capital funding for women-led businesses. - Crowdfunding Basics:
Learn about the types of crowdfunding and how equity crowdfunding can be a game-changer for women entrepreneurs. - Community Engagement:
Tap into your community and network to build support around your business story. - Gender Bias in Investment:
Recognize the different standards applied to women-led businesses and the importance of advocacy for equity. - Work-Life Balance:
Implement time management strategies and make intentional sacrifices to maintain a healthy balance.
Dive into this episode for an inspiring conversation on breaking barriers and forging new paths for women entrepreneurs!
Learn more about Zuri Dacosta here:
LinkedIn: https://www.linkedin.com/in/zuri-da-costa-841561145/
Website: https://beanworx.co/
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