Showing posts with label youngentrepreneur. Show all posts
Showing posts with label youngentrepreneur. Show all posts

Monday, October 12, 2009

Being a WOMAN entrepreneur

There are moments you reflect back that are monumental moments that shifted your paradigm but at that moment you didn’t realize it. I had one of those last week at PNE of all places. Growing up I remember walking around envious of the big toys that people win playing games. As a young girl, I don’t know how this got in my head but the norm for me was a guy was supposed to win it for me (although my parents were huge advocate in me being independent and self-sufficient). It was against some sort of rules of nature to have a girl win by herself or she was incapable of doing so.

As I walk around with my friend with Elysia and after we ate everything in sight, we played some games. We played the easy games – whac-a-mole, fishing a fish and picking out some cute little ducks to win some small toys. As we were about to leave, there was a bunch of guys gathered around the test your strength game, the goal is to whack the base of the game with a mallet as hard as possible to ring a bell. As I watched guys after guys attempting to ring the bell for the big toy, they walk away with sad faces and small little toys. I thought what the heck… why not? My friend tried to talk me out of it because 1) I was wearing a tube dress, 2) I dressed like “an old woman” – her words not mine, and 3) there were too many guys watching. There was something inherently wrong about a girl wearing a dress (outwardly feminine) challenging the guys perhaps but whatever, I didn’t care about embarrassment. We were passed that after my eating marathon. Handed my $5 dollars and took a swing. At my first try, I rang the bell… the second and third try I did even better. I walked away with the biggest toy. I even heard one guy yelling to another guy, “Dude, the chick did better than you!”

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As I walk away I thought of a quote by Dr. Maya Angelou “You did what you knew how to do, and when you knew better, you did better.” I didn’t need any one to win me anything, I can do it myself. While it took me 27 years for me to realize it – to the young ladies in my life who think they need to compromise their feminine qualities to “act like a man” to get further ahead or to rely a on guy to give them permissions shine, forget it – find your passion, follow it and do it on your term.

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The Style Spy - Erica Lam

In the business world mostly full of men, I am always excited to meet fellow female entrepreneurs.  I am very honoured to count Erica as one of my friends but our relationship is a bit more special, she was the very FIRST tenant when The Network Hub opened.  She is fierce, glamorous, stylish, charismatic, powerful but she does it all with heart.  In her pink lipstick, perfectly curled hair and her trendy garb she controls the situation whether it is in a business situation or an event for a thousand plus people.  Whether it is commanding attention in the board room or fighting for that last pair of Manolo, she does it with style – she is The Style Spy afterall.


1. Tell us what you do
Where do I start! I run the editorial arm of TheStyleSpy.com, a popular fashion/shopping blog. I work with a team of talented freelance writers, keeping women in Canada in-the-know on the hottest fashion trends, beauty must-haves and sales & deals going on around town. I’m a city expert on all things shopping. TheStyleSpy.com also hosts a monthly fashion segment onCityLights on NovusTV. I also run a marketing arm under The Style Spy Media Inc. I work with fashion retailers and shopping centres on their marketing, whether it be interactive shopping events, marketing campaigns, public relations or social media initiatives.


2. When and why did you decide to be an entrepreneur?
Just over three years ago. I had worked a few jobs post university in marketing and sales. One day I started the TheStyleSpy.com blog by suggestion of a co-worker, my concept was shopping for everyday girls. Fashion has always been reserved for the elite, I always felt that fashion should be more accessible, cause reality is, most of us don’t shop in the pages of Vogue and we do shop at chain stores and try to duplicate looks for less. Once I started the blog, it became a bit of an obsession. I thought “how could I make this a business?” – how could this passion of mine, be more then just a hobby. That was three years ago. It’s been nothing short of amazing. I honestly didn’t exactly know how I was going to make money. Sure there are advertising dollars associated with the site, but I don’t have numbers like PerezHilton.com, so I definitely had to be creative to find ways to generate revenue. I realized my strength was the loyal network of female shoppers I had built. So I started to doing events with companies likeThe Bay and Richmond Centre, driving my audience and others through social media to events and promoting their brands. I execute the events or marketing campaigns with no traditional advertising dollars – utilizing FacebookTwitterthe Style Spy network and doing traditional public relations on behalf of my clients. It’s worked out well, with companies wanting to take chances with smaller companies and wanting to find creative ways to engage their audiences. My clients have included the aforementioned BayRichmond Centre, as well as Metropolis at Metrotown, the Yaletown Business Improvement Association and boutiques like IsharaFine FindsOrb Clothing and Wink Beauty Lounge.


3. What was the most challenging aspect of being a woman entrepreneur from your perspective?
I’ve been very lucky in this aspect. My audience is also female, which allows me to relate and understand them well. I also work with a lot of decision makers who are female and it’s worked my advantage. They often relate to me and see me as the very demographic and market they’re trying to reach. Giving me an inside edge, cause who better to speak to an audience then someone who is part of it.


4. What is a key personal attribute you see in successful entrepreneurs?
Determination. There will be many obstacles placed in front of you. Being an entrepreneur, and a successful one at that, takes lots of hard work, perseverance, determination and a bit of luck. There will be many moments when you wonder why you are doing this, but those who succeed are those who keep going despite the hurdles. I believe the journey is also part of the story, if it were easy, everyone would be doing it.


5. Any advice you would like to give to someone contemplating a start-up?
Do your homework, always educate yourself. I read countless blogs, from fashion to tech to small business. You want to be in on the action, always in-the-know. Networking is also huge. You could spend countless hours studying something, but if you know the right people – it can take you there that much faster. Be humble. I find lots of “pseudo-entrepreneurs” get caught up in the whole excitement of being an entrepreneur and lose sight of what is really the nuts and bolts their business. It’s really about the business, not the fame of being an entrepreneur. Lastly, bootstrap it. There are lots of things I spent money on that I wish I hadn’t. At first, you just have to make do with the basics and forgo the fancy office, spend wisely.

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