My Queue

There are no Videos in your queue.

Click on the Add to next to any video to save to your queue.

There are no Articles in your queue.

Click on the Add to next to any article to save to your queue.

There are no Podcasts in your queue.

Click on the Add to next to any podcast episode to save to your queue.

You're not following any authors.

Click the Follow button on any author page to keep up with the latest content from your favorite authors.

Pitching

How to Redefine the Pitch Competition for Black and Brown Female Founders

Shelly Bell is disrupting pitch competitions by bringing capital directly to underrepresented entrepreneurs.
Guest Writer
2 min read
Opinions expressed by Entrepreneur contributors are their own.

As a door-to-door saleswoman in college, Shelly Bell learned how to convince potential customers to buy something they already had in their homes: vacuum cleaners. Today, Bell says that experience laid the foundation for her success as a serial entrepreneur and founder of Black Girl Ventures. 

Several years ago, Bell realized that entrepreneurship was a key to unlocking generational wealth building for African Americans and that by helping minority-owned businesses grow, new employment opportunities would also open for others in the community. However, she knew that the traditional fundraising models weren’t created with black and brown women in mind and often directly excludes them.

“If we peel back the layers, what we’ll see is that the financial capital is really coming from people knowing each other,” says Bell. 

With Black Girl Ventures, Bell has found the nexus of financial capital and social capital: pitch competitions that are entirely community-driven. “Connections are what really bring the money. At Black Girl Ventures pitch competitions around the U.S., the audience connects directly with the entrepreneurs: they contribute the cash for the top prize, select the winner, and, often, serve as mentors for the competitors. 

Alice’s best resources for building your network here. Alice’s best resources to help you prep for a pitch competition here.

Related: How One Founder Breaks Free From Statistics and Labels

More From Women Entrepreneur

Advice

This Drybar Entrepreneur Stresses How Important Good Culture Is for Company Success

A great work environment feeds progress tremendously for a company, big or small.
Disruption

The Wonder Woman Disrupter Next Door: Catching Up with Industrial Psychologist and HR Technology Enthusiast Dr. Gabby Burlacu

It's been a year since 'Disrupters' hit the book shelves. Dr. Gabby Burlacu made an integral career change to take her disrupting to the next level.
Franchises

This Franchisee Ditched a High-Powered Corporate Career to Run Her Own Cycling Studios

Lisa Locker spent decades climbing the corporate ladder. But as a CycleBar franchisee, she's found a whole new challenge.
Women Entrepreneurs

3 Female Leaders Share Their Secrets for Starting and Growing a Business

These lessons are a reminder that if you stay connected to your mission and maintain the right mindset, anything is possible.

More from Entrepreneur

Corene Summers helps clients advancing their health, careers and lives overall through reducing stress, tension and optimizing sleep.
Jumpstart Your Business. Entrepreneur Insider is your all-access pass to the skills, experts, and network you need to get your business off the ground—or take it to the next level.
Starting, buying, or growing your small business shouldn’t be hard. Guidant Financial works to make financing easy for current and aspiring small business owners by providing custom funding solutions, financing education, and more.

Latest on Entrepreneur