Female Founders: Tanna Larson of The Green Forest Lady On The Five Things You Need To Thrive and…

Female Founders: Tanna Larson of The Green Forest Lady On The Five Things You Need To Thrive and Succeed as a Woman Founder

An Interview With Candice Georgiadis

Never stop learning or pursuing knowledge in your field. I love to continually build my brain library on herbs, medicinal uses, regenerative and forest farming/gardening, and responsibly foraging.

As a part of our series about “Why We Need More Women Founders”, I had the pleasure of interviewing Tanna Larson.

The visionary, mastermind, and creator of The Green Forest Lady, Tanna Larson, is every bit the embodiment of what the company stands for: pure, clean, always organic products that promote a healthy state of being. She has spent years studying, reading, and furthering her knowledge around herbs and plant medicine, a subject she is deeply passionate about. Her goal is to continuously grow and expand her awareness of plants and their medicine, while also providing functional herbal care products in a sustainable way.

Thank you so much for doing this with us! Before we dig in, our readers would like to get to know you a bit more. Can you tell us a bit about your “backstory”? What led you to this particular career path?

I have always had a deep love for nature and plants! From the time I was very young, there was an innate part of me that naturally knew how to seek out things like wild onions. That love grew and matured, and in my 20s, began to experiment with creating everyday herbal products like shampoo, laundry detergent, and deodorant. When I was pregnant with my first child, my creations expanded to fill the need for clean, organic baby care. Through many years of trial and error, advanced learning, and numerous versions of recipes that have now been perfected, The Green Forest Lady was born.

Can you share the most interesting story that happened to you since you began leading your company?

I would love to say I have an amazing story to share here, but there isn’t just one single moment. The most interesting stories, in my mind, all happen when I am out foraging and suddenly come across a particular plant that I have been searching for, or while reading herbal literature, a new connection is made. These are the moments that keep me going with The Green Forest Lady. They breathe new life into me and ignite the passion for what I do.

Can you share a story about the funniest mistake you made when you were first starting? Can you tell us what lesson you learned from that?

Soo many mistakes were made in the beginning. One that I think back on and laugh about is a time that I set up a booth at a local expo. I brought furniture in to display my products on. While it did look beautiful, some people completely missed my products and thought I was selling “green” furniture.

None of us are able to achieve success without some help along the way. Is there a particular person who you are grateful towards who helped get you to where you are? Can you share a story about that?

Yes! Hands down, my husband has been key in my success. In addition to supporting all of my ideas, even the ones that seemed a little crazy, he also brought his knowledge of what needs to be done on the business side of things and helped with that.

My business was originally Nature’s Touch Baby and Body. Just when I was getting into the swing of things, I became pregnant with our third baby, and already having both a 3 year old and a 9 month old, the pressure of running the business with my growing family was too much. I decided to put the business on hold for a couple of years and then relaunch. My husband really was the driving force and gentle push that I needed to get going again. I distinctly remember one afternoon when he said, “So when do you think you will be ready to restart your business? Your products are too good to not be available for others to have access to. Just let me know, and I will help you get it going.” So, I relaunched and rebranded with a new name that better fit the essence of who I am and how I hope to portray the business.

That support is invaluable. Having one person that always has your back, listens to your ideas at 1am, and patiently helps in any way needed is indeed a blessing.

Ok, thank you for that. Let’s now jump to the primary focus of our interview. According to this EY report, only about 20 percent of funded companies have women founders. This reflects great historical progress, but it also shows that more work still has to be done to empower women to create companies. In your opinion and experience what is currently holding back women from founding companies?

Women in the work force happened more in recent history. During the big push for women’s rights, it seemed the focus was more on being equal to men when in fact, women are very different and, I believe, have something very different to bring to the table. Some women love climbing the corporate ladder, which is absolutely ok, but others have been kind of stuck in the belief that they must just make ends meet. While most certainly, the demands of modern life are very different than 100+ years ago and the costs associated with startup companies is astronomical, I genuinely believe that reconnecting to our feminine nature, that beautiful, nurturing, creative side will help to open more doors. Women have so much to offer that looks very different from the corporate driven world we have grown up around.

(As a side note, this is in no way trying to downplay the importance of the role the patriarchy holds. I wholeheartedly hold the belief that the strength of men and their place in society as well as the family unit should be honored. However, as women, stepping into our femininity and the power it holds instead of trying to be equal to men has enormous benefits in balancing the scales.)

Can you help articulate a few things that can be done as individuals, as a society, or by the government, to help overcome those obstacles?

There used to be this village mentality where there was more of a support system. Families lived closer together and help with children, babies, and familial responsibilities did not just fall on one person. I believe that as a society, reclaiming this village mentality could bring tremendous progress on overcoming many of the obstacles women face. Not just in founding companies, but also in early motherhood, single moms who are juggling jobs with parental responsibilities, and general life. While absolutely the most beautiful gift on earth, motherhood can be very isolating in a modern world. We must work on this on both an individual and societal level. Government should be limited.

This might be intuitive to you as a woman founder but I think it will be helpful to spell this out. Can you share a few reasons why more women should become founders?

As stated before, women have something completely different to bring to the table. Something magical. Women are softer by nature and view the world through a different lens. Life is literally birthed through us so our connection to the flow of life is something special and to be cherished. I do often feel that founding a new business or even each addition added to the business is a bit like the birthing process. How many new innovative, creative, life-changing ideas are out there waiting to be birthed?

What are the “myths” that you would like to dispel about being a founder? Can you explain what you mean?

Hearing or watching a founder of a company speak can often lead one to conclude that the process was easy. What we often see is a professional beauty with a smile that doesn’t show the backstory. The long nights of worrying about how things may be paid for, or if the idea will be a successful one, or the way in which a new business must be babied.

The most rewarding things in life are not really things at all and have been achieved through really hard work.

Is everyone cut out to be a founder? In your opinion, which specific traits increase the likelihood that a person will be a successful founder and what type of person should perhaps seek a “regular job” as an employee? Can you explain what you mean?

Not everyone at every point in their life is cut out to be a founder. A successful founder must have clear vision of what he or she wants to create for the world and also must have the drive to get there. There are many ups and downs in the process of having a business. You have to believe in yourself and what you have created enough to push through the hard times in order to succeed.

It isn’t a bad or negative trait for someone to seek a “regular job” as an employee. Employees are an integral part of any business. The person who seeks employment at a “regular job” most likely has many lessons waiting to be learned to build the character necessary for perhaps later starting a business.

Let me give you an example.. When I was 17 and in high school, I worked for my parents’ business where my mom taught me data inputting.. A few years later, I was hired at a prestigious Women’s Club for those particular skills. My skills there were greatly expanded into management, graphic design, accounting, people skills, event planning, and more. That job, though soul-tiringly hard, taught me so many invaluable lessons that have been used in the years since. That job held many of the building blocks I needed to get to where I am now.

Each of us are in different stages of life. One stage may require a “regular job” in order to build the character, work ethic, knowledge, wisdom, experience needed to later start a new company.

Ok super. Here is the main question of our interview. What are your “5 Things I Wish Someone Told Me Before I Started” and why? (Please share a story or example for each.)

  1. Just go for it!! Have confidence in yourself. Failure isn’t really failure unless you never try. You never know the impact what you bring into being can have on someone’s life. I very much live in my own head and have ideas/products that I held back on sharing with the world because I was somehow worried or afraid of the feedback. It took a while for me to work through the fact that I don’t have to please everyone, and not every single person would have the same personal experience with my products and therefore have differing opinions. None of them are “bad.”
  2. Not every day will always be a joyride. Difficulties are the “uphill climb” needed to get to the top of the mountain so you can see the beautiful view.
  3. Pace yourself. Time is a funny thing. It goes by so quickly, yet it shouldn’t be rushed. Time can fine tune the roughest of ideas, and help things fall into place when it is right. It isn’t a race. 😊
  4. Write everything down — make lists. I tend to think very quickly and ideas sometimes pop in my head that are also forgotten just as quickly. Writing everything down just helps to recall those tiny budding ideas that may bloom into something so beautiful it has to be shared with the world.
  5. Never stop learning or pursuing knowledge in your field. I love to continually build my brain library on herbs, medicinal uses, regenerative and forest farming/gardening, and responsibly foraging.

One thing that I have carried with me from the beginning was the belief that we, as women, do not need to be in competition with one another. We may have similar, or completely polarized gifts to offer the world. The goal is to support one another and continually build one other up. There is room for each of us to be successful and thrive.

How have you used your success to make the world a better place?

Creating from the intention of and with a connection to nature to bring healing products to the world is incredibly important to me. Showcasing just how abundant the earth is in natural, organic, healing resources to dettract people from the huge disconnect we see with synthetic lab/factory created goods is a giant step in meaningful progress.

You are a person of great influence. If you could inspire a movement that would bring the most amount of good for the greatest number of people, what would that be? You never know what your idea can trigger.

A better connection to the natural world. Realizing that we are not separate from nature, we are nature. I believe that if this truth was realized on a mass scale, we would see an enormous positive change for both humanity and the earth.

We are very blessed that some very prominent names in Business, VC funding, Sports, and Entertainment read this column. Is there a person in the world, or in the US with whom you would love to have a private breakfast or lunch with, and why? He or she might just see this if we tag them.

Perhaps both John Slattery and Rosemary Gladstar. Their sheer knowledge, wisdom, experience, and connection to plants is something I strive for. It would be an honor to be able to spend a few moments with either of them.

Thank you for these fantastic insights. We greatly appreciate the time you spent on this.


Female Founders: Tanna Larson of The Green Forest Lady On The Five Things You Need To Thrive and… was originally published in Authority Magazine on Medium, where people are continuing the conversation by highlighting and responding to this story.

Female Founders: Catherine McKenzie of Min & Mon On The Five Things You Need To Thrive and Succeed…

Female Founders: Catherine McKenzie of Min & Mon On The Five Things You Need To Thrive and Succeed as a Woman Founder

An Interview With Candice Georgiadis

I think that education from elementary school should start exposing children to opportunities that aren’t just traditional career paths — to help shape the minds for the creatives and entrepreneurs of the future. Better access to child care — more assistance that allows women to be more independent. The pressure to be a good parent is a constant stress.

As a part of our series about “Why We Need More Women Founders”, I had the pleasure of interviewing Catherine McKenzie.

Catherine McKenzie is a co-founder of the New York-based, Colombian-made accessories brand, Min and Min. She is a trained flautist and educator, and her absolute favorite part of the business process involves encouraging narrative around individual products and capsules. For Catherine, no work day is complete without enjoying an unconventional pairing of coffee and bone broth, punctuated by frequent visits from her cockapoo, resident Min & Mon model Milo. In her down time, Catherine can be seen on the streets of NYC with her children, husband and Min & Mon fanny pack.

Thank you so much for doing this with us! Before we dig in, our readers would like to get to know you a bit more. Can you tell us a bit about your “backstory”? What led you to this particular career path?

It was rather serendipitous. After all, I have a degree in music and education and was a stay-at-home mom with no real plans to work full time. One of my best friends asked me to join vision to create an accessories brand that would later become Min & Mon — I believed in it so much that I couldn’t say no. I believed in her and she knew I had something to offer, even though I could not see it at the time. I never imagined it would be the brand it has become today.

Can you share the most interesting story that happened to you since you began leading your company?

How much I have grown in the midst of so much uncertainty. Not knowing what was coming next, but finding confidence in the growing process has been comforting. The life experience of being a female entrepreneur, mom, and wife have been an educational journey that I never expected to be fulfilled by.

Can you share a story about the funniest mistake you made when you were first starting? Can you tell us what lesson you learned from that?

I would say realizing there is purpose in making mistakes — and understanding that they (mistakes) leave me better off than I was. That’s really funny to me now looking back. Most of my mistakes have turned into great opportunities. Some of our design mistakes at Min & Mon have turned into best sellers as well.

None of us are able to achieve success without some help along the way. Is there a particular person who you are grateful towards who helped get you to where you are? Can you share a story about that?

My partner Carolina thrives for excellence in everything she does but is never dismissive in her approach. She is so supportive and always saw more in me than I saw in myself and that I had more to give and believed in me.

Ok, thank you for that. Let’s now jump to the primary focus of our interview. According to this EY report, only about 20 percent of funded companies have women founders. This reflects great historical progress, but it also shows that more work still has to be done to empower women to create companies. In your opinion and experience, what is currently holding back women from founding companies?

I think gender roles — we still live in a society where caretaking primarily falls on women. The idea that you can have it all and still be a great mother is false. You can only do what the support system you have around you allows. Also equal pay, and normally who stays home who makes less money which is normally the women. And by caretaking I also mean taking care of aging parents, not only kids. I would also say education — men are expected to take risks which are encouraged from birth to do so. Women take smarter risks which can sometimes be a hindrance or anchor to entrepreneurship.

Can you help articulate a few things that can be done as individuals, as a society, or by the government, to help overcome those obstacles?

I think that education from elementary school should start exposing children to opportunities that aren’t just traditional career paths — to help shape the minds for the creatives and entrepreneurs of the future. Better access to child care — more assistance that allows women to be more independent. The pressure to be a good parent is a constant stress.

This might be intuitive to you as a woman founder but I think it will be helpful to spell this out. Can you share a few reasons why more women should become founders?

Women are naturally problem solvers and think critically. We tend to involve all of our senses in decision-making, and in that process to build robust eco systems for communities and businesses.

What are the “myths” that you would like to dispel about being a founder? Can you explain what you mean?

That we have all the answers. That our ideas are the best ones. I am only as good as the support system and teams I have around me.

Is everyone cut out to be a founder? In your opinion, which specific traits increase the likelihood that a person will be a successful founder and what type of person should perhaps seek a “regular job” as an employee? Can you explain what you mean?

Tenacity and your relationship to risk. It’s not about a certain type of person, it’s about their life story and how they perceive risks and failures. The journey of being a founder does mean you have to fail forward.

Ok super. Here is the main question of our interview. What are your “5 Things I Wish Someone Told Me Before I Started” and why? (Please share a story or example for each.)

  1. That success and growth are not linear — sometimes it is cyclical
  2. That your value system is something you should always hold on to — it has been most integral to our success.
  3. How you measure success is very personal. Success does not look the same to everyone
  4. Growth comes at a price.
  5. Believe in yourself

How have you used your success to make the world a better place?

We have created a community and workforce I hope to empower people by creating an ecosystem that breads more fair wages a — by manufacturing and making our products in Colombia is one of our proudest moments. Focusing less on the margins and profit, we believe in social equality.

You are a person of great influence. If you could inspire a movement that would bring the most amount of good to the greatest number of people, what would that be? You never know what your idea can trigger.

Social equality — is the DNA of our brand. Consumer responsibility — making things that bring joy and happiness but within –

Thank you for these fantastic insights. We greatly appreciate the time you spent on this.


Female Founders: Catherine McKenzie of Min & Mon On The Five Things You Need To Thrive and Succeed… was originally published in Authority Magazine on Medium, where people are continuing the conversation by highlighting and responding to this story.

Female Founders: Renee Ainlay of Renee’s LIVE On The Five Things You Need To Thrive and Succeed as…

Female Founders: Renee Ainlay of Renee’s LIVE On The Five Things You Need To Thrive and Succeed as a Woman Founder

An Interview With Candice Georgiadis

Women are strong and insightful. Women have so many amazing functional ideas for products that need to hit the marketplace. The more women that become founders helps all of us to network. It’s also always a good example to mentor other women and to help with their dreams.

As a part of our series about “Why We Need More Women Founders”, I had the pleasure of interviewing Renee Ainlay.

Renee is a 62-year-old wife, mother, and grandmother. Renee is also a survivor of significant chronic illnesses, kidney disease and the costly fragmented US healthcare system. She is an advocate for herself and others, a teacher, a friend, a health enthusiast, an entrepreneur and owner, creator, and chef of Renee’s LIVE, https://www.reneeslive.com, the dairy-free, cultured crème frozen desserts.

Thank you so much for doing this with us! Before we dig in, our readers would like to get to know you a bit more. Can you tell us a bit about your “backstory”? What led you to this particular career path?

After fourteen years of illness, including over 1500 days in bed, and well over a million dollars in medical expenses, I found my path back to health through a combination of superfoods being introduced into my regular diet after returning from death’s doorstep. Once my health returned, I knew I needed to spread the word about my journey back to health and wellness so that others might find the same relief and benefits. My husband and a few family friends helped me in making Renee’s LIVE a reality to get the same superfoods that helped me to retail stores as an indulgent dessert so they can be easily accessed by everyone they might help.

Can you share the most interesting story that happened to you since you began leading your company?

Before our launch in retail, we spent two years in test markets, traveling across fifteen states, from Tennessee to California, traveling between Vegan festivals. We often had more than ninety minute waits for a chance to taste. Once, in Cincinnati, we had a line with over one hundred and fifty people at our concession trailer. We got caught out in strong thunderstorm with torrential rain where the wind picked up and started throwing other vendors’ equipment so we were forced to shut our windows, and after about ten minutes of blowing over canopies and tables, the storm blew past and we opened up again to see that there was still a line of people standing just as long as when we shuttered up, waiting to place an order and try a flavor. It was a sight to see.

We asked them, “Why didn’t you run for cover?” and the response was, “There was no way we were getting out of this line.”

They were all so soaked. Later we found out that the intense storm was a microburst.

Can you share a story about the funniest mistake you made when you were first starting? Can you tell us what lesson you learned from that?

Oh dear, back in either 2012 or 2013 during a practice run when cupping the ice cream into the new machine. We had an incident occur where someone didn’t properly shut a particular valve that was under pressure on the ice cream machine. Absolutely everyone on the production line was standing there and got covered in ice cream, faces, clothes, all over us. The resulting mess and clean-up was a reminder to always make equipment checks.

None of us are able to achieve success without some help along the way. Is there a particular person who you are grateful towards who helped get you to where you are? Can you share a story about that?

I have been very fortunate to have a personal family friend that believed in the same things I did regarding a healthy diet and coconut crème being extremely important in our lives. We met back in 2007.

He played an integral part in my using foods as a medicine but also he was my main benefactor for helping the initial launch of Renee’s LIVE into over a thousand stores.

Also, my husband, so there are two people. I wouldn’t have made it this far without him. It makes me tear up even thinking about how he’s always rooting me on. He’s amazing, even when I was sick, he was there and took care of me, he’s just a genuinely amazing person.

Ok, thank you for that. Let’s now jump to the primary focus of our interview. According to this EY report, only about 20 percent of funded companies have women founders. This reflects great historical progress, but it also shows that more work still has to be done to empower women to create companies. In your opinion and experience what is currently holding back women from founding companies?

Being taken seriously when trying to get funding for a woman-owned business. Resources are not directed toward women. There is also a lack of role models and mentors for young women out there.

Can you help articulate a few things that can be done as individuals, as a society, or by the government, to help overcome those obstacles?

Redirecting resources could help, such as making more grants available for start-ups. Small companies like mine don’t have a chance of scaling up without investors as it can take several million dollars. In 2017, more than 11 million women-owned businesses are still in the minority. At trade shows, we were outnumbered five-to-one, which can feel a little overwhelming. Always staying true to yourself, persevering. Never stop trying to get funding, for me funding has been difficult. Getting funding is difficult as women entrepreneurs are not being given the benefit of the doubt, unless they already have a relationship with investors. It helps to develop a “Never quit” attitude.

This might be intuitive to you as a woman founder but I think it will be helpful to spell this out. Can you share a few reasons why more women should become founders?

Women are strong and insightful. Women have so many amazing functional ideas for products that need to hit the marketplace. The more women that become founders helps all of us to network. It’s also always a good example to mentor other women and to help with their dreams.

What are the “myths” that you would like to dispel about being a founder? Can you explain what you mean?

Just because you’re a founder, people think that you’re rich, that you have a lot of money. By the time you get on the grocery store shelves people have no idea what it took to get you there, years of no pay, years of seventy plus hour work weeks. This venture should be your utmost passion because it will take 100% of your time & effort.

Is everyone cut out to be a founder? In your opinion, which specific traits increase the likelihood that a person will be a successful founder and what type of person should perhaps seek a “regular job” as an employee? Can you explain what you mean?

I think a trait you should have is to never give up. Constantly move forward. Don’t let the naysayers live rent free in your head.

People that aren’t really cut out to be founders are only willing to work 40-hours a week. People that need a secure paycheck each week. Also, people who really enjoy their own free time because you don’t have a lot of that when you’re starting off.

Ok super. Here is the main question of our interview. What are your “5 Things I Wish Someone Told Me Before I Started” and why? (Please share a story or example for each.)

  1. Frozen dessert category is the hardest one to get into as there’s a tremendous amount of competition for a very limited space.
  2. Distributors will always find a way to nickel and dime you to financial ruin
  3. Total amount of investment needed to a see a business the first five years
  4. Retail slotting fee costs, as to be in a retail store the store will require slotting fees to stock your product
  5. How hard it is to find investors, especially as a woman

How have you used your success to make the world a better place?

Since 2007, I’ve shared all the incredible knowledge I’ve learned about food as medicine, so paying it forward.

You are a person of great influence. If you could inspire a movement that would bring the most amount of good for the greatest number of people, what would that be? You never know what your idea can trigger.

Stop eating processed foods. Eat whole, fresh, organic, or at least non-GMO foods.

We are very blessed that some very prominent names in Business, VC funding, Sports, and Entertainment read this column. Is there a person in the world, or in the US with whom you would love to have a private breakfast or lunch with, and why? He or she might just see this if we tag them.

Both Rihanna, who is a Vegan, and Leonardo DiCaprio, who is a Vegetarian, would be excellent lunch companions. Both are extremely active with health foods and are amazing.

Thank you for these fantastic insights. We greatly appreciate the time you spent on this.


Female Founders: Renee Ainlay of Renee’s LIVE On The Five Things You Need To Thrive and Succeed as… was originally published in Authority Magazine on Medium, where people are continuing the conversation by highlighting and responding to this story.

Female Founders: Maria Scott of TAINA Technology On The Five Things You Need To Thrive and Succeed…

Female Founders: Maria Scott of TAINA Technology On The Five Things You Need To Thrive and Succeed as a Woman Founder

An Interview With Candice Georgiadis

I wish that someone had told me just how much I would have to sacrifice and, what’s even more important, that my loved ones would have to make sacrifices too. I have always been very happy to work hard but I never appreciated just how much impact this role would have on my loved ones and how much they would have to sacrifice — both in their quality of life and the emotional support that they need to give to me.

As a part of our series about “Why We Need More Women Founders”, I had the pleasure of interviewing Maria Scott, CEO & Founder, TAINA Technology.

Maria is an experienced tax lawyer who has worked in the industry for two decades prior to launching TANA. Her personal experience of the burning pain points within regulatory compliance of financial institutions informed her decision of the market need for TAINA.

She launched TAINA to transform the burden of regulatory compliance into a competitive advantage for Financial Institutions by transforming their customers experience, eliminating risks and reducing costs.

Maria is passionate about creating cutting edge products and empowering diverse human potential. She speaks and writes about customer experience in RegTech as well as culture, purpose and resilience.

Maria is a Chicago Booth MBA High Honours’ 2017, a FinTech Power List by Innovate Finance and a mother of 2 girls.

Thank you so much for doing this with us! Before we dig in, our readers would like to get to know you a bit more. Can you tell us a bit about your “backstory”? What led you to this particular career path?

It is my pleasure — I am happy to be able to support your mission to promote female founders.

I am incredibly boring — the person you don’t want to sit next to at a dinner party!

Before I launched TAINA, I practiced as a tax lawyer for many years, over a decade of which was with a big financial institution.

Whilst there, I was able to see at first hand the pain points that financial institutions experience with regulatory compliance — the complexity and breadth of regulatory obligations, which is increasing across the globe, strong pressure from the regulators and boards to demonstrate robust compliance, ever increasing costs, really poor customer experience — I could go on.

My dream was to wave a magic wand and make it all go away! I started to think seriously and realised that something so difficult and complex could not be solved based on its historical legacy and within the constraints of an institution — I would need to step outside and build a fresh solution that incorporated the collective wisdom of the industry.

As is typical with female founders, I thought that I had to learn a lot more before I could launch a business, so I went to Chicago Booth Business School to learn all the things I had little idea about at the time — how to raise money, how to think about product strategy, how to communicate my vision…. In a nutshell, that’s how TAINA came about.

Can you share the most interesting story that has happened to you since starting your company?

This has been a fascinating journey, so many stories and lessons on resilience

I think the most helpful one I can share with women who are considering launching their own business is this… You will often hear that what you are trying to achieve is impossible, at every stage. The truth is, with a strong and motivated team, you will absolutely get there.

Can you share a story about the funniest mistake you made when you were first starting? Can you tell us what lesson you learned from that?

I have made so many mistakes and I continue to make them every day, without doubt. Most of them still feel painful to be honest. Perhaps, one day, when I look back, they will seem very funny.

I think the most important one is to do with hiring and my lesson has been — it is much better in the long run to take longer to hire the best person you can for the role than to rush into a quick hire even if I am desperate to fill that vacancy

None of us is able to achieve success without some help along the way. Is there a particular person who helped get you to where you are? Can you share a story about that?

This is so true — I really believe that, if I have achieved any success, all of it is a credit to the many people I have come across on this journey — my amazing, ever-supportive family, our team, investors, clients, mentors.

If I have to highlight one person, it would be Joo Hee Lee. She is an amazing woman, a very sophisticated and experienced professional investor, who believed in me from day one. She was my very first investor, and is incredibly bright and thoughtful. To this day, her support and advice help me through my toughest challenges.

Ok, thank you for that. Let’s now jump to the primary focus of our interview. According to this EY report, only about 20 percent of funded companies have women founders. This reflects great historical progress, but it also shows that more work still has to be done to empower women to create companies. In your opinion and experience, what is currently holding back women from founding companies?

One important aspect of this research is that the figure of 20 percent reflects not the number of women founding companies but the percentage of the venture-funded startups that have been founded by women.

In fact, as the research highlights, the number of women founding startups has increased four times, whereas the percentage of funded startups founded by women has not increased to anywhere near that extent.

What’s even worse is that the percentage of female-founded startups is dropping at the later stages of funding, which would indicate that startups founded by women have a tougher time fundraising the more progress they make! So the real issue here is funding.

I have always been incredibly blessed, probably because the investors we raise funds from tend to be deeply committed to our space and their expertise means that they can focus on the real fundamentals of the business. I can see from this research that not everyone is this lucky — we must do everything we can to address this.

Another aspect here is, of course, that fewer women than men found startups to begin with. This is tragic because women founders bring much-needed diversity of thinking — in terms of strategies and solutions — and are capable of making a huge impact in our world.

I think that the main reason for this challenge is a real lack of role models. Role models are so important; they help us believe that we too can achieve what others have achieved.

Can you help articulate a few things that can be done as individuals, as a society or by the government, to help overcome these challenges?

Bringing female role models into the public eye — which is what you are doing with this series — is hugely impactful.

Individually, as female founders, we need to make more of a conscious effort to tell our stories. This often does not come naturally to us — certainly not to me!

And, as a society, we need to bust some of the myths and stereotypes out there about what makes a successful founder.

This might be intuitive to you as a woman founder but I think it will be helpful to spell this out. Can you share a few reasons why more women should become founders?

For founders, the single most important reason to go for it and establish a company is that it offers the ability to make a real, positive difference in the world and to provide solutions to frustrating pain points.

And it’s incredibly rewarding to hear happy clients talk about their experience and the difference your solution is making to their businesses and teams.

What are the “myths” that you would like to dispel about being a founder? Can you explain what you mean?

The most damaging and innaccurate myth out there is that there is one particular type of successful founder. In reality, successful founders come from all sorts of backgrounds, from all ages and genders — and, most definitely, not all of them are extravert!

Is everyone cut out to be a founder? In your opinion, which specific traits increase the likelihood that a person will be a successful founder and what type of person should perhaps seek a ‘regular’ job as an employee? Can you explain what you mean?

At a fundamental human level, we are all capable of being a founder of something meaningful.

Whether or not someone actually becomes a founder depends on several key factors, most important of which is: Do we care about something so deeply that we would be prepared to make sacrifices and face many challenges to make it happen?

We may or may not come across this in our journey and, sometimes, we may just care about other things equally deeply, so we don’t take the plunge.

Ok super. Here is the main question of our interview. What are your “5 Things I Wish Someone Told Me Before I Started” and why? (Please share a story or example for each.)

Oh my word, there are so many.

  1. I wish that someone had told me just how much I would have to sacrifice and, what’s even more important, that my loved ones would have to make sacrifices too. I have always been very happy to work hard but I never appreciated just how much impact this role would have on my loved ones and how much they would have to sacrifice — both in their quality of life and the emotional support that they need to give to me.
  2. If only someone had told me that I would care about my business, my team and my customers so deeply that it hurts, physically. Even a positive event can create such a strong emotion that, by the end of the day, we are absolutely worn out but still must recover and be strong again by the next morning.
  3. It would have been good if someone had told me that it does not get easier as the business grows; the challenges just keep evolving. At our earliest stages, our challenges may be to do with the product; as the business grows they may be to do with fundraising, geographic expansion, new business extensions — and so it goes on.
  4. I wish someone had told me that what makes a good CEO is very different as the business grows. We must continue to grow as people and learn new skills indefinitely — and we must do it faster than our business grows, otherwise we will no longer be the right CEO.
  5. I wish someone had told me that it’s the loneliest job in the world. We must stay strong and patient for our teams because our job is to give them clarity and stability. Many things we go through cannot and must not be shared with anyone except, perhaps, a therapist (as and when we get time — for most of us, this is in a distant future!).

How have you used your success to make the world a better place?

Ultimately, this is what this is all about.

I have not succeeded yet; I have so much more work to do before I can declare it a success. When I do reach this point, my dream is to take on charitable missions and I already know what they will be. Here and now, my focus must be on creating a substantial positive change to our clients’ lives, support our teams’ growth so that each individual feels fulfilled professionally, and encourage more women to be founders of something meaningful.

You are a person of great influence. If you could inspire a movement that would bring the most amount of good for the greatest number of people, what would that be? You never know what your idea can trigger.

I believe very strongly that our world could be free of fighting and deadly conflicts.

To create this world, we must have leaders and role models who are truly accepting of diverse points of view, are willing to listen and prioritise the good of the world above their own individual egos and victories.

To get to this point, we need to eliminate the typical stereotypes of good, strong leadership and embrace truly diverse and open role models and approaches.

We are very blessed that some very prominent names in business, VC funding, sports, and entertainment read this column. Is there a person in the world, or in the US with whom you would love to have a private breakfast or lunch with, and why? He or she might just see this if we tag them.

There are so many amazing people I would love to meet and learn from.

If I was to select one, I really admire Therese Thucker, the founder and CEO of an amazing multi-billion-dollar enterprise software business.

My mission is to get TAINA to this point, so I would love to hear how Theresa did this for her awesome business.

Thank you for these fantastic insights. We greatly appreciate the time you spent on this.

Thank you for working on this important mission; it is great to be able to support it in my small way.


Female Founders: Maria Scott of TAINA Technology On The Five Things You Need To Thrive and Succeed… was originally published in Authority Magazine on Medium, where people are continuing the conversation by highlighting and responding to this story.