I was recently asked to participate in an informational interview on entrepreneurship and I thought I would share some of the questions I was asked about Speak 2B Free:
I feel like I am blessed to be an entrepreneur. I cannot imagine any other path in my life that would have forced me to come out of hiding my gifts and challenged me in such a way. My inspiration has always been that I love writing and I am surrounded by amazing artists that the world is not able to see and complement that broke my heart and inspired me to change something. I discovered this opportunity during the entrepreneurship class at Simmons, Teresa kept challenging me to make it make sense and fill a need. Was there any specific preparation? How did you plan for it? Did everything go as per the plans or were there any surprises, disappointments, triumphs? How long it took you to get started from the point when you had the idea? The business plan, informational interviews and research of the idea were all preparation but to be honest I think the whole journey up until now (and probably even in the future) has been constant preparation. I was so not ready to be an entrepreneur; I was trying to find a job when I decided to do this, and even then it was because I needed to complete the certificate course but somewhere along the way I realized the resistance was just fear of the unknown and that I was really passionate about serving artists and finding a way to make sure poets started getting paid for their art. The disappointments have been many (more than I like to admit) and I think I have constant surprises on what can actually go wrong and how it can crush me and break me. It took me about 5 months to get started on the idea – that’s because I worked on it as my practicum, it would have taken a lot longer if I had not (I know because I was just scared). How did you finance the start-up? Roughly how much initial investment is needed to setup a business at this scale? Speak 2B Free has no funding so I am being hyper creative in how we get things done, I have amazing people working with me and I also use whatever money I make in strange ways to fund what we need (I work full time on the company so that is another tale for another day).We need a minimum of $500,000 to fund the company because of all the software innovation we are doing and we are exploring various ways of funding but if there is one thing I am learning is that you have to keep going and do whatever it takes to get to the next phase. Speak 2B Free is still the beginning baby stages so I have no clue how much commitment it takes to be successful but from what I can see it will take me always working on it full time because there is just so much to learn and get done. Could you please share some of your learnings in the process? If you were to start again, what would you do differently? The key learning for me is just have fun and do not try to control the process, become comfortable in uncertainty. I have realized that things will go wrong and I will have set backs and business ideas change, employees leave and personal drama will happen at the most crucial time but the only thing I can control is me and how I react to all that. If every disappointment breaks me then I will never become a person of character. So I am learning to make hard decisions and cut loses early and listen to my gut. If I could do anything differently I would have started working on my insecurities a lot earlier and faced them long before but I think maybe this is the process I needed to learn to trust myself. Speak 2B Free is doing that (forcing me to trust myself) to me every day especially because there are many milestone we have not yet met and people cannot see the work that is getting done behind the scenes. How does your family feel about you being an entrepreneur? Is work-life balance possible? Does being a woman make it different? How do you think a marriage or family commitment affect your involvement in your business? My parents are both entrepreneurs and so is then majority of my family so to be honest my journey is not at all that interesting to them. Sad I know, but it also means that nobody stresses me and tells me to get a job or anything instead I get parents that tell me that it is natural to struggle in the beginning but the important thing is never to give up and to keep moving forward (this is my dad’s advice to me). I think being a woman makes it different just in the way I have approached the process – I have made it into a self exploration and spiritual journey. Also I have been told that the way I manage is feminine so I am learning to make that a complement by being an iron butterfly. As for marriage and family commitment – Right now I am dating Speak 2B Free but I think I want to marry an entrepreneur because they would understand why I never go out, why I eat and read emails at the same time, why I work from 12 pm to 5 am in the morning (and break only to chant, talk on the phone and jog) and sleep my mornings away. I think I would like to have kids in another decade and not before then, so I am not too worried about motherhood right now to be honest.


