Groups Offer Black & Latina Women $1,000 To Become Angel Investors

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Pipeline Fellowship, an angel investing bootcamp for women, has enlisted BeVisible and Black MBA Women as recruitment ambassadors for African American and Latina women. Both organizations will provide $1,000 scholarships to African American and Latina women who sign on to Pipeline Fellowship’s angel investing bootcamp.“We simply have to do a better job in supporting black women leaders by taking an active role in their development,” notes Daria Burke, founder of Black MBA Women.

[Related: Angel Investing Bootcamp Heading To Five Cities]

BeVisible is a social media platform that connects Latina Millennials to Latina thought leaders and career professionals throughout the country. For BeVisible Co-Founder Andrea Guendelman, “Relationships and access to capital are the biggest roadblocks for Latina entrepreneurs. However, it doesn’t have to stay this way. And, one way to make sure it doesn’t is to train Latinas to become investors.”

Since the launch of Pipeline Fellowship in April 2011, the percentage of women angel investors in the United States has grown from 12% to 26%, according to the Center for Venture Research. However, the percentage of minority angels in the U.S. has inched from 4% to 8%.

When it comes to women of color angels, the numbers are even lower. Additionally, the percentage of women of color entrepreneurs pitching to and securing funding from angel investors in the United States is less than 24% and 16%, respectively.

And yet, the number of businesses owned by minority women has increased from 1 in 6 in 1997 to 1 in 3 in 2015, per the 2015 State of Women-Owned Businesses Report commissioned by American Express OPEN. While non-minority (term used in report) women-owned firms grew 40% over the eighteen-year time period, black women-owned firms grew 322% and Latina-owned firms grew 224% in the same time period.

“We need to bet on black women and Latinas. There are enough white guys investing in other white guys–let’s get more of us investing in more of us,” remarks Natalia Oberti Noguera, founder & CEO of Pipeline Fellowship.

“As an LGBTQ Latina entrepreneur,” adds Oberti Noguera, “I’m committed to engaging underrepresented voices and am thrilled to be collaborating with BeVisible and Black MBA Women to activate more black women and Latina angels.”

 

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An Internship’s Other Purpose

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Internships serve many purposes: to expose you to potential careers, to give you work experience, to help you build professional skills, for network purposed, and to help you decide exactly what you want to do … right?

[RELATED: Tips for Landing a Last-Minute Internship]

Well, internships also serve another purpose—to show you what you don’t want to do. There is a difference between hating your internship and dreading coming to work, and simply realizing this is not the type of work you want to do for the rest of your life. My only advice for those who are offered a job they can’t stand is to be thankful for the opportunity, graciously rescind the offer, and be proactive in securing opportunities that better suit you.

Realizing early on that the internship’s requirements and assignments do not align with your goals and passions is beneficial. Understand that most internships will involve busy work and menial tasks, but it is up to the intern to be ambitious in acquiring meaningful work. When you are given assignments with substance and still aren’t stimulated, that internship may not best suit your potential. This realization helps you ‘X’ out what you are not interested in. Again, this is beneficial. Unless you are the person who’s set on what you want to do, there are so many options.

If you want to go into business, there is entrepreneurialism, marketing, management consulting, trade, and law. Internships you don’t connect with can help you narrow down your potential career path. For example, an internship at a medium-sized, somewhat well-known company may have you working on a little bit of everything: marketing, management consulting, and communications. But you’ve discovered that you’re most engaged when working on marketing assignments. Wonderful! You are finding your passion and showing your supervisor and the other executives that this is an area where you blossom, and this is why they need your marketing skills to propel the company.

It is imperative to still fulfill the requirements of the whole internship, but allow yourself the opportunity to share ideas with your supervisor. There’s nothing worse than having an intern that does not do what is expected of them. If you are working in the editorial department with a current degree track in advertising, take it upon yourself to construct an advertising project of new ideas and ways the company can excel in advertising. Remember, even if you are not fond of the internship, that should be all the more reason to create something you do like that will also help the company.

Also, go to a meeting you think you have no interest in. (It could become interesting!) Talk to people, research something, ask your supervisor about other work/internship opportunities. They might just know someone with your same interests. This will disguise your dispassion for your current work, and the higher-ups will notice you and appreciate your thought process and ability.

Overall, the best way to avoid an internship that doesn’t fully engage you is to be proactive in searching for internship that does. Every media major’s dream is to intern with Viacom, or Goldman Sachs if you’re a business major. But these programs are highly competitive so having a solid Plan B is critical. After all, an internship is meant to give you a taste of a particular career, to teach you things about yourself and help you make smart career decisions. Knowing that you aren’t very happy where you are opens your mind to other careers you might be better suited for.

 

 

 

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When Starting a Business, Think Innovation Over Imitation

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Mimicking a pre-existing business model is tempting. After all, there’s proof of its success within numbers, it’s been tested over time, and the reviews are already written. However, more often than not, successful businesses flourish when they lead with innovation and a need-based mindset.

[Related: Jembere Eyewear Designer Talks Becoming an Entrepreneur and the Importance of Giving]

Entrepreneur Myleik Teele, founder and CEO of CurlBox; a curated hair product subscription service for women with natural hair, entered the world of small business, young, passionate and ready to solve a beauty issue facing African American women.

If you’re not familiar, Teele has a background in PR, where she experienced some of her first big breaks, having worked with reputable clients like Linkin Park, Travis Barker, and Prince. She went on to create Curlbox after identifying a gap in the haircare industry. With so many natural hair products on the market, how would women decide which ones? Well, Teele took it upon herself to not only answer that question, but to change the way black women experienced natural haircare all together.

“What the subscription box service did was give us a lot more access,” said Teele. “Why it worked well for me, is that black women hadn’t been able to experience products in this way.”

The 36-year-old CEO believes in going into business ready to “innovate not imitate”. When asked about the subscription box business model used for Curlbox and how entrepreneurs may incorporate this model today, Teele says she wouldn’t recommend it. Though the method is proven, it is not necessarily innovative.

“I would say don’t [use the subscription box model]. It’s not new, that’s the thing”, said Teele. “I feel like there’s  something that someone will come up with that will change the way we experience things,” she added.

In her monthly, and sometimes weekly podcast, titled MyTaughtYou, Teele advises budding entrepreneurs to approach business with a fresh perspective– challenging listeners to ask themselves, “Is there a need for what I’m offering or creating?”

She also shares her business journey, life lessons, and offers career advice to women of color in the workplace. During the episodes, she often reiterates the importance of goal setting, maintaining consistency and warns entrepreneurs that when beginning a  business venture they won’t always feel prepared, but that’s no excuse to wait.

“You won’t be ready,” said Teele in her How to Go to the Next Level Podcast. “You’re not going to feel ready. You’re likely [to be] ready when [the idea]starts tap dancing on your mind and you can’t stop thinking about it. You’re ready. Do it anyway.”

Click here to check out her MyTaughtYou podcast.

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5 Fall Events Women Won’t Want to Miss

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The summer is almost over, but the fun doesn’t stop here. Get ready to update your autumn agenda with these must-attend events, geared towards women’s empowerment. Check out the list below, save the date and prep for exclusive fun this fall.

[Related: Close Out the Summer with G&T]

Activate Conference – #Activate2k15Con takes place September 18-20 in Atlanta, Ga and carries the theme: Building the Empire while focusing on Family. The conference is hosted by author, speaker, and founder of the brand Activate Your Life Today, Lucinda Cross.  Registration cost for the event ranges from $125 to $2150.

BE TechConneXt Summit – Black Enterprise will be launching their inaugural tech summit this year in Silicon Valley, October 12-13. This one-of-a-kind summit will be a hot spot for female techies, entrepreneurs, and educators to gather and engage. Attendees can expect to chat with thought leaders, discover new resources, and make meaningful connections.

Circle of Sisters Expo – According to the organization, Circle of Sisters is the largest expo for women of color in New York City. The two-day event is filled with celebrity appearances, panel discussions, seminars, inspirational services and music. The cost for the expo is pretty low; totaling $40 for the weekend, if you purchase tickets in advance. The event is scheduled for October 17 and 18.

We are Legendary Weekend – This four-day women’s empowerment event is hosted by, This is Her Way founder Sherry Williams. The fab weekend in Washington, D.C. will include an award dinner honoring Comedy Writer and Buzzfeed Star Quinta Brunson, Miss Jessie’s Founder Miko Branch, an all-male panel discussion, a workout day, and a Sunday community service initiative. The dates for the event are October 16-18.

Bella Kinks Natural Hair Expo – Located at the Grapevine Convention Center in Grapevine, TX, Bella Kinks is bringing women together to talk all things natural hair, life and more. The October 24-25 weekend will include workshops, dynamic speakers, and access to premier natural hair products from your favorite vendors. Check it out.

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Misty Copeland To Debut on Broadway

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Misty Copeland will have her Broadway debut Aug. 25 in the musical On the Town. This follows  her historical accomplishment, back  in June, of becoming the first African American woman ever promoted to principal dancer at American Ballet Theatre, one of the world’s most prestigious companies.

[Related: ‘Un-Tamed: Hair Body Attitude’ Celebrates Black Womanhood]

According to USA Today, in On the Town, which traces the romantic adventures of three sailors on 24-hour leave in the Big Apple during World War II, Copeland inherits a role first introduced on Broadway in 1944 by Sono Osato, whose father was Japanese.

This role is unique for the prima ballerina as it requires her to sing,”which I’ve never done,” she admits to USA Today but in true “on pointe” fashion, Copeland seems to welcome the challenge.

“It’s all going to be a bit of a shock,” she tells USA Today. “But it’s going to make me more confident, knowing I did something I thought I never could or would do.”

Copeland’s perseverance has been paramount in her success from the beginning as she didn’t begin studying ballet until she was 13-years-old. She’s also had to overcome battles of racism in the non-diverse discipline of dance, and rise above body shaming when, at 5’2 and 100lbs, she was advised to lose weight.

You can read more about Misty Copeland’s prep for Broadway at USA Today.

 

 

 

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PhaShunta Hubert Talks Becoming a Celebrity Host and Running Her Own Media Company

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Ms. PhaShunta Hubert, creator of MissPhaShunta.com, launched her site on October 2013 to showcase her love for communication, media, and entertainment. At the young age of 19, Hubert built her own website, learned how to market herself, and worked as a cosmetologist; all while building her brand.  MissPhaShunta.com is a digital destination to read and watch the latest in celebrity news and gossip.  As a current communications student at Eastern Michigan University, Hubert wears many hats, including blogger, media correspondent, business owner (MissPhaShunta LLC) and mother.

Hubert began her career by interviewing local radio personalities, and landed interviews with popular music stars, such as Atlanta Hip-Hop trio Migos, and R&B star Melanie Fiona.  Since then, Hubert has expanded her reach, enabling her to  interview several celebrity and reality TV stars, including: Mona Scott Young, Anthony Anderson, Patti LaBelle, Tyrese, Keke Palmer, Diggy Simmons, Tinashe, Sevyn Streeter, Erica Campbell, and more. Hubert has also worked with BET Networks and Centric Television covering major events, such as the 2014 BET Hip Hop Awards, 2014 Soul Train Awards, 2014 BET Experience, and the 2015 UNCF: An Evening of Stars Awards.

“I would like for people to know that it is very possible to achieve your dreams while you’re still in school, have a child, or when obstacles are in your way. I was told, so many times, ‘no’ when I reached out to celebrity managements when I started my company. I basically had no material, so I created my own  broadcast on YouTube and social media. I tried again and again and eventually I got my first big interview. You have to stay focused and know what you want,” Hubert explained.

Hubert attributes much of her success to her family. “They help me keep the balance in my life. My father and sister travel with me; making sure I’m okay. My mother is my personal assistant. My significant other, and the father of our 2-year-old child, is my camera operator, along with my 13-year-old sister,” says Hubert.

You can learn more about PhaShunta by visiting her website http://www.missphashunta.com/, or by following her on social media @missphashunta.

 

 

 

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Tyra Banks and Chrissy Teigen Gear Up to Host the ‘Fab Life’ this Fall

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Supermodel Tyra Banks has made the transition from the runway to the small screen appear effortless and she’s at it again.

[Related: Tyra Banks Decoded: From Supermodel to Mega Mogul]

The “America’s Next Top Model” creator is teaming up with fellow model Chrissy Teigen and a few other celebs, to  host the daytime talk show, “FabLife.”

“FabLife is all about making your life fun and beautiful,” said Banks in a FabLife” promo video. “Now, I have always kept it really real and I work really hard, but I would not be the businessman that I am today, like launching my own company and stuff, if it wasn’t for  a strong group of people and that’s what I hope to do for our audience with our new FabLife family.”

It’s no doubt that the 41-year-old media mogul knows more than just beauty, over the course of her career, Banks has amassed a great net worth and remains the face of her America’s Next Top Model series, currently in it’s 22nd season.

“Local station interest and resulting sales for “The FABLife” have been outstanding,” said Janice Marinelli, president, Disney/ABC Home Entertainment and Television Distribution in a previous statement. “We are enormously pleased to collaborate with such a stellar group of stations and look forward to introducing this fresh and entertaining lifestyle show to viewers across the country next fall.”

Banks will wear the hat of chief stylist and executive producer of the new lifestyle show as she and her team of taste makers take on the task of competing with shows like “The Talk,” “The View,” and “The Real.” It will be interesting to see how the show pans out.

“FABLife” is set to begin airing on September 14 and will be nationally syndicated with a live audience present during each taping.

 

 

 

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