Month: February 2016

Nneka Alexander specializes in creating high-end custom garments for exclusive clientele with an appreciation for quality. Based in Atlanta, Georgia USA, Brides by NoNA is a luxury brand of bespoke bridal and formal wear serving clients globally.

Her business philosophy: 

Take risks!  It’s okay to fail.  Failure is the result of trying something.  If you don’t fail, it means you didn’t put any effort into  it.  If you’re not trying and not putting in any effort, you can never achieve success.

 

What does being Queen Bee mean to her?

Someone who’s influential by reason of what they’ve done, what they’re doing or what they intend to do

 

Her advice to aspiring female entrepreneurs:

  •  “Impossible” is not a word.  It’s just a reason not to try.  Nothing is impossible if you put your mind to it.
  • Put your goals and plans down on paper.
  • Work towards your goals with everything you’ve got and at some point you will achieve success if you don’t give up.

 

Interview Links

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After working in government, private industry and public accounting, Erin Johnstone took the entrepreneurial leap and started her own accounting firm, Vivid Numbers. She doesn’t take herself too seriously, revels in the details, loves to laugh and actually likes accounting!

To be financially savvy, consider the following 5 tasks….

  • Business entity selection
  • Smart bank accounts (separate personal and business accounts)
  • Simple bookkeeping software
  • Paperless filing system
  • Government reporting.

 

Erin’s advice on finding a good accountant

  • Interview more than one accountant
  • Get referrals from people in your industry who really like their accountants – and ask for specifics

Her final advice to aspiring female entrepreneurs

 

  • Set some money aside for profit and for paying yourself first
  • Don’t outsource your responsibility for your business finances; to have a successful business as well as peace of mind,  you must really understand your finances.

 

Links

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For over 30 years, Kathy Dannel Vitcak has worked in the pet industry and has been active in the dog show world. The Blissful Dog sprang from her own need for a product to help her dogs have smooth, healthy noses. And now, 13 years later, the products are changing lives worldwide.

Her brand philosophy:  The Golden Rule – Treat people the way that you want to be treated.

What does being Queen Bee mean to her?

Being in control of your own Beehive – feeling confident that you can take advantages of big opportunities when they come along…

Her advice to aspiring female entrepreneurs:

  •  Try not to compare yourself to anyone else
  • Don’t look within your industry for inspiration

Interview Links

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Susan Burns is a business strategist and legal adviser to women-owned, small businesses. She is also founder and CEO of Small Business Legal School, an online learning course designed to support success by helping business owners become legally savvy.

 

 

To be legally savvy, consider the following….

  • Business structure
  • Contracts and negotiations
  • Employee agreements & classifications (hiring employees versus independent contractors)

 

Intellectual Property Concerns

  • Trademarks or Service Marks: Protect your brand identity; Trademark registration involves various nuances – use a trademark lawyer  to minimize legal risks
  • Copyrights:  Protect your tangible medium of expression
  • Patents:  Protect your design/invention

 

To find a good lawyer

  • Network and ask other business owners to find out who they are using; ask for referrals
  • Be the boss:  interview each potential lawyer regarding their background, philosophy to determine whether they will fit with your business needs; Also, make sure they are well versed in the area of concern
  • Don’t choose a lawyer who “talks down” to you
  • Don’t be afraid to say “no, not interested”

 

 

Her final advice to aspiring female entrepreneurs

  • Become educated about your legal needs
  • Seek good legal counsel
  • Always cover your assets!

 

 

Links

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