C04 - Bad Girl Ventures – Stories of Budding Entrepreneurs (Video 2 of 2)
Q.1
Besides using personal capital, how did Michele Hobbs, Owner of Pet Wants, initially fund her startup?
She applied for a Small Business Administration loan
She applied for the Bad Girls Venture startup $25,000 loan competition and won
She received angel funding
She applied for a bank loan
Q.2
According to Ms. Hobbs, what is her biggest challenge?
Keeping up with the growth
Building a customer base
Marketing her products
Manufacturing her products
Q.3
What advice does Shalini Latour, Owner of Chocolats Latour, give to potential entrepreneurs?
Create something that you are passionate about
Take advantage of all available resources
Network with other entrepreneurs
All of the above
Q.4
According to Beth Nowak, Owner of Giving Families, what was the biggest challenge for her startup, initially?
Building a data base of donors
A flawed marketing strategy
Seeking startup capital
Finding available resources
Q.5
What advice does Ms. Nowak have for potential entrepreneurs?
Network as much as possible
Don’t listen to negative feedback
Don’t give up
Don’t start a business unless you have substantial startup capital