5 women entrepreneurs on business lessons learned at home

Forget the passing of the pearls. When it comes to family treasures, the real valuables are those hard-won nuggets of wisdom passed down through generations. For the women entrepreneurs featured below, it’s the advice imparted by their mothers that’s enabled them to strike out on their own.

These women agree that their mothers are not only a source of invaluable advice, but of tremendous inspiration and strength. Here’s what a few creative entrepreneurs had to say about the most important women in their lives:

Amanda Holt Corey, oscar & ollie

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Growing up, Amanda Holt Corey’s mom took care of the kids full-time. When Amanda decided to leave a great job in the fashion industry to start her own kids decor company, oscar & ollie, her mother’s influence is what resonated with her the most.

Not only did her mom encourage her to be independent and adventurous, she taught her to be fiscally responsible.

As early as middle school, her mother helped her open an IRA and made sure part of each babysitting “paycheck” landed in a savings account.

“When I was setting up my business, I knew without even having to think about it how important the accounting would be. I knew how carefully I would need to keep track of each and every expense,” she says.

“From day one, my biggest goal for oscar & ollie was to be able to cover my expenses. It took about a year, but it was a big win for me personally.”

Jeet Sohal, BARE

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Needless to say, raising three kids while building a business is no easy task. But Jeet Sohal, the creative force behind a popular LA-based jewelry and handbag line called BARE Collection, says her mother’s example has been like a north star.

After Jeet and her sister were born, her mother, started her own business. As a registered nurse, she started a home health care company so she could have more independence and flexibility.

Since launching her own company in 2003, Jeet said, she’s often recalled her mother’s business savvy.

“She’s a complete DIY person. She believes that in order do something successfully, you need to know what you’re outsourcing and the process behind it,” she says. “She taught me to always go into meetings prepared, but don’t show all your cards.”

Amanda Luu, Studio Mondine

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Before starting her own business, Amanda Luu put her statistics and economics background to work in a marketing career. She co-founded Studio Mondine, an up-and-coming floral design studio in San Francisco. When she decided to pursue her dream, she realized her mother was the one who made that path so appealing.

From a young age, she encouraged Amanda’s interest in the arts and music and helped her appreciate the beauty of the natural world.

“She’s the hardest working person I know,” says Amanda. “She is also the person who made the world large for me. She made the world so big that it was impossible for me to stay in an office job.”

Henley Vazquez, Feather + Flip

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Earlier this year, longtime travel writer Henley Vazquez co-founded Feather+Flip, a website for globetrotting families. She said she’s constantly inspired by memories of her mother’s creativity.

As a museum curator overseeing a historic estate with a spare budget, she was always under pressure to drum up business and create new revenue streams. Not so unlike the founder of a budding startup learning to make something from nothing, Heather says.

“My mom loved her work… and thrived when faced with challenges. I try to keep that same positive outlook. I hope my children feel the same, whether it’s dealing with homework or running their own companies in the future,” she said. “You can’t be smarter than everyone else, but you can work harder and putting in the effort is what makes the difference.”

Jamie Camche, JLRocks

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In the 1970s, few women ran their own businesses, let alone traveling to Southeast Asia to manage it. But Jamie Camche’s stepmother and father ran a garment business that produced goods across Asia for many years. Jamie says she has been tremendously inspired by her.

Her stepmother not only led by example, she encouraged Jamie to spend a year working in the factories, managing quality control.

Now, Jamie own fine jewelry business, JLRocks, is booming and she said she constantly relies on the principles modeled by her parents. “Whatever you do, take pride in doing it. And always anticipate a customer. That way you come from a place of strength, not weakness,” she says.

 

Source : https://www.xero.com/blog/2015/06/5-women-entrepreneurs-on-business-lessons-learned-at-home/



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