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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