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Published on:

1st Nov 2023

Jules and Stacey Part 2 - Funding, Resilience, and Encouraging Female Entrepreneurs: OME Gear's Path to Success

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Introduction:

  • In this episode, we continue our inspiring conversation with Jules Weldon and Stace Pierce, the co-founders of OME Gear, as they share their journey from initial struggles to securing funding and setting the stage for growth.
  • They provide valuable insights into raising capital, the importance of aligning with investors who share your vision, and the resilience required for the entrepreneurial journey.

Securing Funding:

  • Jules and Stace emphasize the significance of retaining majority ownership while securing funding.
  • They share their approach of reaching out to friends and family, who believed in their vision, and offering a simple debt structure with interest.
  • The conversation highlights the importance of carefully choosing investors who share your mission and who are willing to provide support when needed.

Resilience and Growth:

  • The founders reflect on the role of resilience in entrepreneurship, where they've encountered numerous challenges and had to overcome setbacks.
  • They discuss how going through tough times and learning from failures has strengthened them and their company.
  • Jules and Stace touch upon the value of growth and being ready to embrace it when it arrives.

Encouraging Female Entrepreneurship:

  • The episode underscores the need for more women in the product space and their journey from concept to consumer.
  • Jules and Stace express their passion for helping women overcome their fears and follow their dreams in the product industry.
  • They advocate for coaching and support to facilitate women's success in entrepreneurship.

Links and Resources:

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About the Podcast

The Female Millionaire
'The Female Millionaire' is a podcast highlighting the inspiring experiences of outstanding women who have a growth mindset and are willing to take bold steps to reach $1M + in revenue, become financially independent, and build significant wealth.
This podcast is hosted by Midori Verity. A serial entrepreneur for over 25 years, who aims to inspire and empower women from all backgrounds. This podcast features interviews with remarkable female entrepreneurs who share their experiences, advice, and tips for overcoming challenges. It also explores topics like work-life balance, personal growth, and how wealth affects philanthropy and relationships. Whether you're an aspiring businesswoman or simply seeking inspiration, 'The Female Millionaire' is the perfect podcast for you.