00:00We're in a golden age of entrepreneurship, and Black women are leading the charge.
00:04However, minority-owned startups have the hardest time raising capital,
00:08and Black women often fare the worst. But don't fret, Essence is dedicated to making
00:13sure you are prepared to execute your entrepreneurial dreams.
00:20If you have a big idea, here's how to get some money from investors.
00:241. Make it scalable. Investors pour into companies with big, scalable visions.
00:282. Dream big, then dream bigger. Pitch your five-year business plan.
00:333. Be okay with getting uncomfortable and networking beyond your social circles.
00:374. Do your homework, learn to market, and test your product or service.
00:425. Be ready to quit your day job and fully commit to your business.
00:46And 6. Give up some ownership. To build a big business,
00:50you'll need committed partners to help you create a larger pie that has significant value.
00:54Congratulations on raising the barteries.
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