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Jules and Stacey Part 2 - Funding, Resilience, and Encouraging Female Entrepreneurs: OME Gear's Path to Success
1st November 2023 • The Female Millionaire • Fuel to Fire
00:00:00 00:42:04

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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.

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