Episode 65 - Empowering Women in Business: Jennifer Schwab Wangers' Vision, Success, and Building Strong Relationships at Entity Academy
Oct 30, 2023
Summary
In this episode, we dive into the world of entrepreneurship with a particular focus on the challenges female founders face. Our guest, Jennifer Schwab Wangers, is the founder and CEO of Entity Academy, and she shares her remarkable journey as a woman in the business world.
Key Points
- Challenges of Starting as a Female Founder (1:31)
- Jennifer opens up about her unique challenges while establishing her business in a male-dominated industry.
- Shockingly, women receive less than 2% of venture funding, making the journey even more arduous.
- Early Years of the Business (6:48)
- Discover the early years of Entity and how Jennifer’s determination led to early success.
- Building solid relationships from the beginning became critical to her company’s growth.
- Susan, a crucial advisor and investor, played a pivotal role in her journey.
- The Power of the WHO Network (8:32)
- The WHO network is the secret behind Jennifer’s successful B2B business strategy.
- Learn how tapping into this network can yield a remarkable 10x return on time investment.
- Leveraging relationships is the key to exponential growth.
- Importance of Building Strong Relationships (13:01)
- Discover the immense value of nurturing relationships in business and personal life.
- Jennifer shares how expressing appreciation and gratitude can strengthen these connections.
- Tracy’s approach to networking provides valuable insights.
- Overcoming Fear and Loneliness as an Entrepreneur (17:34)
- Explore the primal fear that fueled Jennifer’s entrepreneurial journey and the price of living with this mindset
- Entrepreneurship can be lonely, but Jennifer emphasizes the significance of mentorship and building a supportive team.
- Getting Comfortable with Volatility and Complexity (26:38)
- Embrace the volatility and complexity of the business landscape by wearing multiple hats and seeking candid feedback.
- Create a clear job description and seek peer input to thrive in a constantly changing environment.
- Building a Fulfilling Life (31:29)
- Jennifer’s passion for getting more women into tech and ensuring their happiness and prosperity shines through.
- Taking personal risks and building a life that supports prosperity are vital ingredients for a fulfilling journey.
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