entrepreneurship

How To Use Your Network To Launch A Product Business, According to Olivia Culpo

Olivia Culpo may be new to "business partner," but her entrepreneurial mindset has been brewing since a young age. At our recent LA Conference, she sat down with C&C CEO Kate Spies, to talk about her journey that led her to helping launch a product business. But growing a business, let alone starting one, takes work and a lot of networking to get you to success. Luckily Culpo knows a thing or two about networking from being in the entertainment industry where you constantly make connections.

After seeing the passion her business partners Ryan Laverty and Sal Campisi had for their brand VIDE, an all-natural seltzer, Culpo's instincts led her to sign on and help them launch their product. Combine their work ethic and knowledge for VIDE with Culpo's food and bev (Yep, she's even worked in the restaurant industry!) experiences and people skills, you have a dream team. They came up with a plan, got people into VIDE, and today you can, too, enjoy it. Listen below to hear more on how Culpo and her business partners networked and launched a beverage product.

LISTEN TO THE FULL EPISODE

RESOURCES

SHOW OUR SPONSORS SOME LOVE!

  • Shopify | Go to Shopify.com/party for a FREE fourteen-day trial, and get full access to Shopify’s entire suite of features.

  • Nuuly | Go to Nuuly and use code PARTY 10 to get a package with 6 styles. For a limited time, you’ll also get $10 off your first month of Nuuly.

OTHER EPISODES YOU MIGHT LIKE . . .

How One Woman Used TikTok To Land a Job Promotion 

This Black-Owned Company’s CEO Is Disrupting The Beauty Industry

Pietra COO, Tala Akhavan on Balancing Work, Motherhood, and Access to Female Entrepreneurship 

Using Technology to Drive Social Impact with AllVoices Founder, Claire Schmidt 

Live from Austin Pop-Up: How to Define Goals and Rise to Your Potential with Payal Kadakia, Founder of ClassPass and Author of LifePass

How One PR Agency Founder Uses Mentorship Tactics To Get the Best Results for Her Clients

Working in public relations has been one of the most fulfilling experiences for me. I started my career almost 11 years ago, and I have to say, I’m not the same person I was back then. Not only have I grown as an individual, but also as a business entrepreneur, picking up knowledge along the way.

In the first eight years of my career, I worked for a notable PR agency based out of New York City. It was there that I was inspired to launch my own agency, as my passion for helping and amplifying small businesses, specifically BIPOC-owned ones, grew. I saw the need for these businesses to get as much help and attention as big corporate brands, so I ventured out to start The Bonita Project and do that. 

As I slowly built my client roster, I had the pleasure to work with some of today's most popular Latinx- and Black-owned brands, such as Alamar Cosmetics, Second Wind, Pholk Beauty, Valdé Beauty, and many more. My role as a business entrepreneur and a PR consultant turned me into a mentor of sorts, and I now mentor clients and service their PR needs, while stimulating their growth as individuals and fellow business owners. Here are some of the tactics I used to help my clients achieve success in their own journey.

1. Set shared goals

Upon signing with a new client, set a list of business and personal goals. How do they want to grow their business exposure? How about their mission and image as a new business owner? Let them share their dreams (even if they may seem sky high). Let’s face it, we all have these ambitious dreams for ourselves. 

I always ask new clients what brands they aspire to be like. Who do they follow closely on social media, and what public figure do they see as a role model? We then work on a list of shared goals together, followed by a PR strategy! 

2. Listen and support 

Always lend an ear when they have a question or need advice on something, even if it's not entirely PR related. While we know "time is money," my relationship with my clients isn't always transactional. As a small business owner, I want to make sure they can confide in me and share their ups and downs, and even their work struggles. We usually come to a resolution together, while talking through their feelings.

3. Be their number one cheerleader 

Root for them and share words of encouragement, whether it’s a comment on their social media or a quick text after they’ve finished an interview. There have been many times when clients wrap up an interview, and tell me they did horribly or didn’t feel as confident. Boost their confidence by showing them that you care and plug in some tips for improvement if needed. There is always room for improvement, and our small business clients recognize that. 

4. Set them up for success 

This brings me to my next point. You always want to come prepared and ensure you’re setting your client up for success, while clearing their head of any doubts. You can boost their confidence with media training or practice sessions on how they should handle a press interview. Let the client take notes and you’ll see them improve each time.

5. Challenge them to step out of their comfort zone 

If there's something about me, I constantly challenge our clients with perspective. As the PR and marketing industry continues to evolve, so does today's consumer. And while some brands may be stuck on doing things the traditional way, I usually come in and challenge the client to stir things up a bit. 

My team and I introduce creative ideas, and new influencers and voices to partner with, but sometimes brands will think it's a bit too risky or "not on brand." I usually believe otherwise and give them more context as to why this idea would make sense. Apply the “it doesn't hurt if you don't try it" mentality, and they’ll see the growth. All it takes is being confident in your ideas. You're the expert and more tapped into the industry than the client. 

6. Keep it real 

There will be times when the client says or proposes an idea that doesn’t sit well with you, whether it goes against your values or you don’t think it’ll be well received. Keep it real and tell them what you are thinking. Keeping it real from the beginning will help the bond between you both go further, and grow stronger.

About the author: Danielle Alvarez launched The Bonita Project in 2018, and since its introduction to the industry - she infuses creative, nontraditional ideas while being unapologetically Latinx. The proud Peruvian-American is drawing from her bicultural experience to make sure she keeps breaking barriers between general & multicultural markets.

3 Tips To Manage A Work-Life Balance As A Momtrepreneur

Motherhood is universally known as one of the most difficult jobs in the world, and when you mix that with entrepreneurship, a whole new myriad of challenges are born. Both jobs are all-consuming and unpredictable, throwing off your work-life balance. Add to that the internalized (mom & entrepreneur) guilt for pushing everything not urgent to the back burner, difficulty asking for support, feeling like you have to be everything to everyone all at once, and having no time left to take care of yourself. For female entrepreneurs who are mothers, aka momtrepreneurs, trying to do “it all” can sometimes feel like an unwinnable, work-life, balancing act.

A lopsided work-life balance can have a negative impact on your personal life, professional life, and on your mental and physical health. The importance of cultivating a work-life balance is echoed by countless female CEOs, take these wise words from Bumble’s Whitney Wolfe Herd for example. “It’s incredibly important, regardless of how tired, or busy, or overloaded you are in your day-to-day; you must take time to call your grandparents, or call an old friend, or take an afternoon off to spend time with your parents.” 

Are you a momtrepreneur struggling to manage your work-life balance? Here are three tips to help manage and sustain a work-life balance. Bring your balancing act to an equilibrium, which will thus increase your productivity and happiness.

1. Organize

Most things regarding our children and our business are not in our control. Taking control of controllable things allows a momtrepreneur to have agency, which releases stress and provides feelings of empowerment and accomplishment. The best way to take control is to be hyper-organized. 

Every evening before bed, create a detailed daily plan for the next day. Incorporate a work-life balance into your plan so the following day begins with a balanced intention. Next, add all your tasks to your calendar (Yes, all of them!), from conference calls to workouts, and even self-care. When time is physically blocked out on your calendar, you will more likely stick to a well-timed schedule. This will help your day flow smoothly and allow you to execute each task. 

2. Ask for help and delegate

While it can be difficult to relinquish control over certain aspects of your life, help from a colleague, partner, or friend can be an immeasurable asset to re-configure your work-life balance. The most successful momtrepreneurs know that asking for help and delegating tasks makes them stronger at both jobs. Sara Blakely, billionaire Spanx founder and CEO, is happy to accept help when she needs it. Blakely relies on her assistant to be her right-hand man. “…She can solve and figure out anything. She has actually gotten my child a passport and gotten him out of the country without being the parent. I don’t know how she does it,” Sara shared.

Never feel guilty about utilizing help if you can afford it. Such as asking a parent to extend your child’s playdate to get more work done, or using an app to order groceries. That is perfectly fine! While being a mom and an entrepreneur can feel lonely at times, no one truly does it all alone. It takes a village and asking yours for help can guide you to a greater work-life balance.

3. Practice severance

The new Apple TV show ("Severance") may a bit extreme, but it’s on to something. The series examines the topic of a complete separation of your work life from your personal life. When managing your work-life balance, it’s essential to separate the two and stay in the present moment. Obsessing about work while you’re in mom-mode, and vice-versa, guarantees that your attention will be elsewhere. You have to draw the line somewhere because this makes you more prone to mistakes at work, and mentally absent during important family moments.

It’s easier said then done when thinking multi-tasking while being present will make things better. A mindfulness or meditation practice is a great way to cultivate the art of presence and bring moderation to your work-life balance.  

Written by Abby Stern