27 Jan Self-Funded
The other night I started watching this movie called The Women. Like I always do, I looked it up on Wikipedia and learned that it’s a remake of a film from the 1930’s. It follows a group of friends in NYC and touches on independence, infidelity, finding happiness in yourself + much more. Interestingly enough, not a single man appears in the movie. Not even an extra. It’s not a good movie, but something about it struck me. [Spoilers come next…if you care then you really need to chill out because this came out in 2008 and has a 13% rating on Rotten Tomatoes.]
The cast is comprised of Annette Bening, Meg Ryan, Bette Midler and Candice Bergen and ultimately Meg Ryan’s character (after rising above a cheating husband and losing herself), decides to launch her own line of clothing. Her mom, while recovering from plastic surgery, offers to fund it with her own inheritance.
OKAY YEAH SOUNDS GREAT! THANKS MA!
But really? REALLY? This story is told often. Women in NYC (or, anywhere really) with a disposable income. And if you let it, it can be discouraging. Charlotte helps Carrie buy her apartment by selling her engagement ring. Rory needs tuition (Prius, tuition again) so she gets it from her grandparents. As I grew my business, I started seeing similar storylines but in real life. I felt like I could never accomplish what other women were doing with such limited cash flow.
We’ve tried using credit for our business, but we just don’t like it so it takes a ton of work to save that buffer and to get ahead. I’m still running on computers that I bought 6-ish years ago. We work hard, freak out a little, feel triumphant, freak out again, gain some security, freak out even more, find our rhythm…
I wrote this post because I want all you other self-funded, female entrepreneurs to know that I know your struggle and your triumphs. I know we’re abundant. And strong. Keep at it. Help each other out.
Disclaimer: I don’t judge or look down at anyone with fabulous financial means. Anyone can have a work ethic. Rich or poor or in-between. Usually, there’s someone that worked really hard for that money. I don’t think it comes easy and I certainly don’t consider myself to be better.
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