funding sources

Episode 72 - How to improve funding for women entrepreneurs as an angel investor

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Terri talks to Nancy Hayes about how she operates as an angel investor, her advisory style, and why she is focused on female led businesses.

Who is Nancy Hayes?


Nancy Hayes is an active angel investor focused on women-led companies. She has invested in 22 companies and serves as advisor to entrepreneurs and as a management consultant and coach to executives in for-profit and nonprofit corporations.

Nancy left the IBM Corporation, where she was a senior executive, to become CEO of the STARBRIGHT Foundation, an innovative nonprofit organization that used technology and media to help seriously ill children and subsequently was President and CEO of WISE Senior Services, a social services agency which served frail elderly and disabled adults.

Nancy was named Dean of the College of Business at San Francisco State University in 2005 and after six years in that role, was CFO and Chief Administrative Officer of the university for 2 years.

In 2013, Nancy cofounded MoolaHoop, a rewards-based crowdfunding site for women with small businesses.

She was Managing Director of the Silicon Valley chapter of Golden Seeds, a national angel group that invests in women-led companies, for over 3 years.

Nancy has an MBA with a concentration in Finance from the University of Chicago and resides in San Francisco.

Show Highlights

  • Nancy shares her journey into angel investing after helping women with small businesses and seeing the funding challenges.

  • Nancy talks about various financing options available including revenue-based financing and the statistics around the number of companies started each day.

  • Angels join groups to minimize risk.

  • Terri and Nancy talk about the ways in which women can (and should) become active angel investors. Spoiler: just jump in and do it.

  • Nancy talks about her value in advising startups and her favorite investments.

  • Nancy would wave a magic wand to get advice and mentorship to more female founders earlier.


Terri’s Key Takeaway

As women, we think we need to take one more class or get one more degree but with angel investing, we just need to get started.


References in the Podcast


Contact

Nancy can be reached by email at nancy@nkhgroup.com, via Twitter at @nancyhayes and through LinkedIn at www.linkedin.com/in/nancyhayes2.

You can follow Terri on Twitter at @terrihansonmead or go to her website at www.terrihansonmead.com or on Medium:  https://medium.com/@terrihansonmead

Feel free to email Terri at PilotingYourLife@gmail.com.

To continue the conversation, go to Twitter at @PilotingLife and use hashtag #PilotingYourLife.

Episode 71- An unusual and circuitous path to becoming an angel investor with Alicia Castillo Holley

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Terri talks to Alicia Castillo about her circuitous path into angel investing that started in a rural town in Venezuela that has landed her in Silicon Valley and how her global experience has made her realize how important it is for us to acknowledge that we, as people, are more similar than we are different.

Who is Alicia Castillo?


Alicia Castillo Holley is an international expert in creating wealth and is passionate about prosperity, innovation, and entrepreneurship. She is an active angel investor and the creator of the 10-week online program called Women Get Funded.

Alicia’s career started as a young scientist and professor on Agronomy before becoming involved in product development for a Bayer-Shell joint venture and eventually turning into an entrepreneur and angel investor.

As an entrepreneur, she has started nine companies -successfully exiting from five of them- and two non-for-profit. She played a pivotal role in the development of the entrepreneurial curriculum and the Venture Capital industry in Chile, where she lived between 1996 and 2002. She has also consulted, mentored, or coached hundreds of entrepreneurs worldwide, is a prolific author and speaker, and pushes academic institutions to reinvent business education.

Philanthropically, she supports organizations that foster education, social entrepreneurship and prevent and turn domestic violence into harmony. A global trotter, she has visited over 100 countries, and has lived in Venezuela, Chile, Australia, Denmark, Switzerland, and the US and currently resides in Menlo Park.

Show Highlights

  • Alicia shares her journey into angel investing. Her journey started in a socialist household in a rural town in Venezuela and took her to all parts of the world.

  • Terri and Alicia talk about bias and chemistry in decision making.

  • Alicia talks about how she operates as an angel investor, what areas she focuses on and the characteristics of the founders she looks to back.

  • Alicia talks about her 10-week, online program called Women Get Funded to educate women on how to get their companies funded.

  • If Alicia could wave a magic wand to change something in the world, she would change war. She would get people to realize that we are more similar than different.

  • Alicia’s favorite founder resources include two of her books How to Fund Your Million Dollar Idea, The Ten Unwealthy Habits and Rich Dad Poor Dad by Robert Kiyosaki.


Terri’s Key Takeaway

It’s important to build channels of trust regardless of gender.


References in the Podcast



Contact

Alicia can be reached on LinkedIn at https://www.linkedin.com/in/aliciacastilloholley/ or through her website http://www.aliciacastilloholley.com/.

You can follow Terri on Twitter at @terrihansonmead or go to her website at www.terrihansonmead.com or on Medium:  https://medium.com/@terrihansonmead

Feel free to email Terri at PilotingYourLife@gmail.com.

To continue the conversation, go to Twitter at @PilotingLife and use hashtag #PilotingYourLife.