November 6, 2024

Categories: Podcast

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iscover the power of scaling your business with a distinctly female approach in this insightful conversation with Katrina Purcell. Drawing from her extensive startup experience, Katrina shares strategies for leveraging your natural strengths as a woman to navigate the unique challenges of high-growth entrepreneurship.

The episode delves into Katrina’s journey transitioning from the corporate world to becoming a successful business owner. She emphasizes the importance of maintaining a flexible mission, vision, and values framework during periods of rapid scaling, and explores how women can capitalize on their innate abilities in empathy and change management.

Listeners will gain valuable insights on navigating the fundraising landscape, making strategic decisions about capital allocation, and cultivating the personal resilience needed to sustain scaling efforts. Katrina also underscores the power of building a strong support network of mentors and advisors to provide guidance along the way.

Throughout the discussion, Katrina offers a refreshingly authentic and practical perspective, addressing topics such as overcoming the fear of failure, setting ambitious goals, and achieving work-life balance as a female founder. Her insights provide a roadmap for entrepreneurs seeking to scale their businesses with intention, adaptability, and a distinctly feminine approach.

Whether you’re in the early stages of growth or navigating the complexities of a scaling enterprise, this episode is a must-listen for any woman looking to build a sustainable and thriving business.

Key Takeaways:

  • Women need to lean into their superpowers.
  • Surrounding yourself with a supportive network is crucial.
  • Resilience can be built through personal challenges.
  • Authenticity in leadership fosters trust and connection.
  • Change management is essential for leading teams through transitions.
  • Mission, vision, and values should be clear and inspiring.
  • Accessing capital requires confidence and a strong narrative.
  • Not all capital is good capital; choose wisely.
  • Scaling takes mental and physical preparation.
  • It’s okay to decide not to scale if it doesn’t align with your goals.

Discussion Timeline:

  • 00:01 Empathy and Resilience in Female Leadership
  • 06:11 Navigating Change Management
  • 08:02 Mission, Vision, and Values
  • 14:49 Accessing Capital
  • 24:36 Scaling Strategies
  • 29:52 The Decision to Scale or Not

Connect with Katrina Purcell:

About Raven:

Hi, y’all! I’m Raven O’Neal, a diversely curious serial entrepreneur with over a decade of experience. But the fun doesn’t stop there. I’m also a mentor, wife, mother, and business expert. I see my business as an extension of all my personal and professional life experiences, embracing growth and learning from a few fumbles along the way.

Throughout my business journey, I’ve supported over 500 female-led startups, advised more than 200 founders 1:1, and played a role in facilitating over $100M in funding. My calling is to help women transform their businesses and lives through collaboration and partnerships. I look forward to being with you every step of the way on your journey to growth and transformation. If you want to join the conversation, be sure to hit Subscribe wherever you get your podcasts.

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On deck. Episodes 44 & 45. Stay tuned.
Diverse teams don’t just sound good on paper; they deliver better results. 

Last week, we sat down with @belle_be4r (Kathy Guillory) to chat about navigating workplace dynamics as a woman. This conversation covered A LOT of ground, including how diverse teams perform better.

Here’s why:
Study after study confirms it: teams with people from different backgrounds consistently outperform homogeneous groups. When everyone looks the same and thinks the same, you get the same solutions, and often, they’re not very good ones.

Our brains are wired differently. Our lived experiences shape how we problem-solve. That diversity of perspective is your competitive advantage.

But here’s the thing, Kathy made sure to highlight, you need people who feel empowered to speak up. 

You need someone in the room who can raise their hand and say “this is a really stupid idea” when it needs to be said (we laughed at this btw). 🤣

Don’t just make products pink and call it innovation. 

Solve actual problems. 

Have that uncomfortable conversation. 

Challenge the groupthink.

Because when you have diverse voices calling out what doesn’t work AND contributing what does, that’s when breakthrough solutions happen.
Part of unlearning silence is evaluating what you allow others to control in your life, especially the things that matter most.

In her book, “Unlearning Silence,” and in this week’s interview, author @elainelinhering (Elaine Lin Hering) reminds us not to count ourselves out before we begin.
  → It’s never too late to share your unique perspective
  → No one can be you but you; your experiences matter
  → Don’t wait for others to give you permission to create

Her book is the first mainstream commercial work focused solely on silence because she refused to let imposter syndrome or comparison stop her from bringing her distinct voice into the world.

What project or idea have you been holding back on? 🤔
Uncovering your genuine voice is a transformative journey that evolves over time. 

In today’s episode, Elaine Lin Hering (@elainelinhering), facilitator, recovering attorney, and author of “Unlearning Silence,” reflects on her own experience, recalling how her communication style has shifted since 2007. 

This exploration highlights the importance of embracing personal growth and evolution in the way we express ourselves and connect with others. 

As we move away from conforming to outdated standards and expectations, we make room for more diverse perspectives and experiences to come to light. 

When we encourage and celebrate each other’s unique voices, we create an environment that fosters authenticity and inclusivity.

By embracing the richness and diversity of our multidimensional world, we can cultivate a vibrant and thriving community where everyone has the opportunity to shine in their true colors. 

So let’s continue to grow, learn, and inspire one another on this journey towards authentic self-expression.

🎧 Listen to the full episode to hear all of Elaine’s story and insights. Links in bio. ☝️