If At First You Don’t Succeed, Build A Better Network

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How building a better network can support your entrepreneurial journey:

."You can get into a startup mode, where you push yourself and abuse your body," says psychiatrist and former entrepreneur Michael A. Freeman in an Inc. article."That can trigger mood vulnerability."

To be honest and frank, this was a very lonely period in my life. There's not much acceptance of failure," Shree said."Every support system that I had broke down." However, like Scarlett O'Hara, she believed that tomorrow is another day."I started journaling my thoughts, experiences, and goals." In her heart of hearts, she knew that if she persevered, she would be successful.

"To be honest and frank, this was a very lonely period in my life. There's not much acceptance of failure. Every support system that I had broke down."Entrepreneurs may call it passion, persistence, and stamina but at least one psychologist calls this 'grit' — and it can outweigh IQ as a predictor of success, says Angela Lee Duckworth, Ph.D., assistant professor of psychology at the University of Pennsylvania.

Having a support system outside those who love you is essential. Shree's cofounder and Jumper CEO, Yash Kotak, had many options for that support but the groups he joined were male-dominated and male-oriented. This year she joined The New York Fashion Tech Lab , which is cofounded and produced by Springboard Enterprises, the oldest accelerator dedicated to scaling female founders. It has helped 769 female founded companies raise $9.5 billion.

If you haven't walked a mile in a woman's heels, you can't understand the unique challenges she faces: less savings to bootstrap and financed at lower rates, lower levels of social and human capital, the demands and stereotypes related to motherhood, among other things. Despite evidence to the contrary, society holds on to the belief that women can't be successful founders.

 

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