“We're going to be better business people when we take better care of ourselves as well. So it's not necessarily just a selfish thing either. We’re better for our families, our communities, and our businesses when we're in a better condition ourselves,” explains Carrie Colbert, founder of Curate Capital, a venture capital investment business that funds women-owned businesses around the world. As a female founder herself, Carrie is no stranger to the unique challenges facing women-owned businesses. Today, she joins host Stefan Whitwell to talk about venture investing, the value of positive recognition, and the importance of self-care.
Statistics show that women owned businesses receive much less venture capital funding than male owned businesses. Even though these businesses are underfunded, they are often over performing and provide great return opportunities for investors. Investors can make a huge difference in the survival and success of a business. When business leaders have access to investment capital, they can better incentivize their employees and achieve bigger and bigger goals.
Being a CEO can be incredibly isolating and recognition of that hard work can go a long way toward motivation. If you continually push yourself too hard, you will likely end up burning out. Self-care is vital for avoiding burnout and ensuring that you can always show up as your best self. When you have access to investment funding, time normally spent securing capital can instead be spent on self-care and incentivizing your team.
Quotes
- “What prompted me to start the fund was just the incredible deal flow that was coming our direction. I think that's something that a lot of fund managers struggle with, whereas I had that in spades.” (8:24-8:34 | Carrie)
- “Women control over 80% of the purchasing power in households.” (9:51-9:54 | Carrie)
- “It's not really the monetary value that makes a difference. It's just being recognized and being seen for what they've accomplished or what they're going through in their businesses, I think that is most meaningful to them.” (16:11-16:21 | Carrie)
- “It's really incredible what you can do when everyone's incentivized to work and move in the same direction.” (24:18-24:25 | Carrie)
- “We're going to be better business people when we take better care of ourselves as well. So it's not necessarily just a selfish thing either. We’re better for our families, our communities, and our businesses when we're in a better condition ourselves.” (36:06-36:18 | Carrie)
Connect with Carrie: https://www.curate.capital https://www.instagram.com/carriec/
https://www.instagram.com/curate.capital/
Connect with Stefan: https://whitwelladvisors.com/ https://www.facebook.com/ActionDaddy https://www.linkedin.com/in/whitwell To contact the host, you can schedule a meeting with him here: https://calendly.com/whitwell-advisors
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