Entrepreneurs are inherently crazy.
It takes brains, guts and a bit of insanity to look at the world, see a problem and believe that, not only can you fix it, but that you can convince others to buy what you’re selling.
That’s kind of crazy. And it’s why I love entrepreneurs so incredibly much.
Women entrepreneurs, however, can struggle with not being crazy enough. We hedge our bets, hold back, dream small.
We go half-crazy, when the world needs us to go big.
Case in point:
The Doyenne Group, a Madison-based organization that supports women entrepreneurs, has created an Evergreen Fund to help finance women-owned businesses. There are three levels of financing — a $5,000 grant, a $10,000 loan, and up to $50,000 in equity investment.
Doyenne’s Heather Wentler recently blogged that, during the first round of funding, Doyenne had 20 applicants and gave out seven awards. Twenty-seven applicants requested funding in the second round, but only three earned awards.
Why did Doyenne give out less money the second time around?
Because, Wentler wrote, applicants were thinking “too small.”
“(W)hat I’m trying to tell you is to think bigger, believe in yourself and believe in the business you’re building,” she wrote. “If you believe in your ‘crazy idea’ and show me how you’re going to make it happen, I’m going to be much more likely to say yes in getting you funding through Doyenne.”
Not everyone wants to launch a huge company, and that’s absolutely fine. There’s no one way to do life.
But too often, I think, we limit our impact simply by limiting our vision.
So for Motivation Monday today, I’m asking you to dream, dream bigger and then dream bigger again.
Imagine what your business could be.
If you’re a blogger, might you also be a consultant for other bloggers, or go on the speaker circuit for blogging conferences? Might you build a website featuring several bloggers, or start a conference of your own?
If you’re a crafter, what else might you create? How you expand your brand to include experiences? Can you create software to fix a problem other crafters often have?
Do you teach lessons? How can you use the internet to broaden your audience? If what you’re doing works well, right now, in your city, how can you scale that statewide, nationally, across the globe?
Ultimately, you may choose to remain a one-woman band. Nothing wrong with that.
But dream big first before you opt to stay small.
Take 10 minutes today to picture your inner mogul. What does she look like? What does she do?
Then, if you like that picture, prepare to release her into the world.