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November 11, 2022

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Shadiah Sigala co-founded HoneyBook, a $2 billion financial management software platform for small businesses, motivated by her ability to negotiate uncertainty while gathering information and making decisions.

When Shadiah was a child, her Mexican mother together with her two siblings moved to southern California. Despite most of her family members being unable to attend college, she was an honor student whose lifelong ambition was to acquire the greatest degree of education.

Shadia attended Pomona College for Latin American Studies and Harvard Kennedy School for public policy. As a result, she established a strategy for reaching goals she wasn’t sure about.

Before becoming an accomplished millennial, she finished her master’s degree and became the highest-earning member of their family as a project manager at Aetna, a health insurance company, where she learned about entrepreneurship, realized she is a “builder,” and thought starting her own company was the best option.

However, Shadia realized that she wouldn’t be happy there since she wouldn’t be valued. Shadia ultimately started a personal chef business in 2010, using her Pomona College alumni network to find well-off grads who wanted someone to cook for them.

In 2012, another realization occurred to her that cooking wasn’t for her. Shadiah then decided to move with her then-husband to San Francisco and found tech. She arranged informative interviews with everyone in the sector and learned that the problem she wanted to tackle was one she’d experienced as a business owner: no effective method to handle backend logistics like emails, payments, and bills.

With the three Israeli business people who have a similar concern as hers, they decided to digitize all these tedious procedures that micro small firms must complete to free them up to genuinely focus on doing what they love.

Using that concept, Shadia established HoneyBook in 2013 and worked there for five years according to CNBC.

As her most recent business, Shadia co-founded Kinside in 2018, a child-care marketplace that is available to employees that offers new parents a centralized location to look for daycare in their neighborhood, which has reached over $16 million, according to Crunchbase. 

Letting fear and excitement be one’s guide and being open-minded is what Shadia advises to other aspirants. According to her, opportunities that “feel like they are beyond your pay grade” are exactly how stellar is made.

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Image Source: Taho Klasiko

Stories

Former Teachers Went Outside of Their Comfort Zones, Found Success in MilkTea-Inspired Taho Shop

Both Filipino educators, Camille Ona and Marvin Paclibare found a different world and passion out of their classrooms during the pandemic as teachers-turned-entrepreneurs and founders of Taho Klasiko, a special milk tea-inspired taho shop.

Breaking free from their first-loved profession, the two sculpt their name as entrepreneurs who choose to walk into another path.

Marvin said that if not for the pandemic, he might still be teaching now just as he thought that he would forever be a teacher. He also added how he realized that there is a bigger world waiting outside teaching.

With people becoming more mindful of their health, especially during the onslaught of the pandemic, Marvin said that they eyed tendering a healthier version of milk tea.

The shop attained a grand slam as the two now earn 6-digit figures per month, an amount far way better than their incomes as teachers in the Philippines.

Camille mentioned in an interview that although they are still passionate about teaching, they just chose to be practical.

Despite entering the world of business, the owners are still having the vibe of teaching as entrepreneurs who are open to learning and improving their craft just like when they were still teaching.

They also shared that they hired working students to extend help to them. 

As a piece of advice, the former teachers said that would-be entrepreneurs should go outside of their comfort zones and open their ways to many opportunities.

“It’s not enough that you have a dream; you need to work hard to make it a reality,” Camille added.

Image Source: Shark Tank

Stories

Slime Company Started By High School Student In His Garage Made $1.2 Million Sales After Joining “Shark Tank”

Mark Lin was only 17 when he started selling food-scented slime out of his Burbank, California garage in 2020. 

He then won over venture capitalists on an episode of ABC’s “Shark Tank,” with his zeal for pitching and the amazing yield his company was generating, where $300,000 was a net profit out of the $540,000 in sales he obtained at the time.

With the assistance of a couple of his buddies, whom he employed for packaging and shipping, Lin, a high school freshman and novice in the industry, developed the slime successfully, enabling him to make $50,000 in sales in his first year of operation.

CNBC reports that Lin’s sales increased to $580,000 the following year.

Sliimeyhoney now sells edible and food-scented slimes with flavors like banana milk, hot cocoa, and birthday cake batter for between $10 and $16 per six-ounce jar utilizing Tiktok as his marketing platform.

The company consistently achieves sold-out sales for its weekly introduction of new products to its almost one million followers.

After a thorough negotiation with Kevin O’Leary and Daymond John, Lin secured $150,000 for 20% share from the two.

This, according to Lin, will be beneficial in moving his company from his garage into a warehouse and gaining mentorship while he still pursues his studies.

John was quoted saying “I believe in you, and we’re going to make sure you go to school, and I will help you with this business.”

Lin is now a first-year college student at UCLA with his company continuously rising.

Image Source: InvisaWear

Stories

Capitalizing On Her Advocacy For Women’s Protection, Young CEO Now Leading Safety Device Company Invisawear

Taking it from her unforgettable and scary experience involving safety and security, Rajia Abdelaziz realized the importance of women’s self-protection which made her put up Invisawear, now a leading safety device manufacturer.

Together with her best friend and now business partner Ray Hamilton, they designed a piece of wearable tech that allows the user to call for help and alert emergency contacts at a double-press.

InvisaWear is jewelry that can save lives. Although their components resemble ordinary accessories, they are actually safety devices supported by America’s top security supplier (ADT).

The devices have a secret panic button that can be set to dial 911, send a pre-programmed text message to five emergency contacts, and send a GPS location to the emergency services. They are worn on the body so they are nearly always available.

The co-owner was quoted saying “InvisaWear also partnered with ADT to provide access to video streaming, voice activation, and self-defense classes as a way of “equipping people to protect themselves,” 

Compared to a cellular phone, it is a more accessible safety device which comes in the form of a charm necklace.

Considering women’s safety as a very important issue, Abdelaziz rejected high-paying job offerings related to her electrical engineering training just to prioritize her advocacy even if she struggled with many challenges in starting it up.

Though laborious, Invisawear was able to raise millions of funds for the safety device.

Five years after its founding, the business has grown to produce more than just gold and rhodium-plated jewelry. It now makes fitness bands, hair accessories, and keychains, all of which have timeless appeal and fashionable, practical designs.

According to Abdelaziz in Forbes, several of their items are now also available in unisex versions since they discovered that safety wasn’t just important for women but also for some guys.

The business intends to grow in Europe and the Middle East and just announced a new cooperation with a Canadian security company.

Invisawear is a technical advancement that has significantly improved people’s lives.

Abdelaziz emphasized “One of the best moments of my life was the first time one of our devices saved someone’s life,” she says, “a young woman had been badly injured in a car accident and her keychain saved her life. Her dad was able to get to her and be with her while they waited for an ambulance, who knows how long it would have taken to find her otherwise.”

Image Source: Ben Marcum Photography

News

Christmas is Merrier at Mall of America With 6 Diverse St. Nicholas Including the First Asian Santa

After three long years of not celebrating Christmas the ‘usual’ way, children at the Mall of America (MOA) were finally sitting again in amusement and happiness on Santa’s lap. 

What makes the experience even happier and better is to have six different Santas whom children and parents can choose from in making The Santa Experience happen.

In 2016, Larry Jefferson became the first African American Santa Claus in MOA. 

Now, Jefferson will not be alone in completing the Christmas vibe as a diverse group of Santas will be working together to do the task. Among them are two African Americans and the first-ever Asian Santa Allan Siu, named “Santa Allan” in MOA’s record.

All of them are ready to listen to the Christmas wishes from young and young-at-heart people.

With two of the Santas able to speak both Spanish and Cantonese, it adds color in telling the children if they were naughty or nice.

“To run across someone who speaks your language, there’s kind of a bond there. Not only is the language a bond but there is also some sort of psychological bond,” Allan told Fox.