awards

Tagged awards

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Dancing with the demons

DSC_0561“You ladies are killing it!”, “Congratulations: so well deserved!”, “Rock stars!”

There’s a odd thing coming up for me these happy, successful days. We are on a major winning streak – SheEO, New York, speaking gigs, awards and so on (you will love what’s coming up around the corner for that matter, but I digress ;-), and the above comments are just a few of the supportive sentiments that our community have shared. Feels great, am I right?

Having just shared some thoughts about failure, let’s talk about success. The good times, the parties, the spotlight: woo hoooo! Absolutely. We have worked our asses off and are deeply grateful for every bit of recognition that comes our way. And.

Here’s a story about a very recent success that actually conjured up some of my worst demons, what it took to have a dance with them and then let them go.

I don’t know about you, however I can find myself occasionally slipping into the old, yucky, comparison game, particularly in the social media milieu. You know: my inside vs. your outside. You always win, by the way: and you didn’t even know that you were playing!

OK, so, yeah, yuck. We all have them: the voices, gremlins, inner critics, whatever you want to call them. Like rats in the basement, the only way that you are going to get rid of them is to turn on the lights, admit that they’re there, and get down to business. I went with demons this time for their alliterative value, however that’s more credit than they deserve.

Several weeks ago Suzanne and I were invited to attend an event that was billed as “A Celebration of Women Entrepreneurs” by some treasured colleagues over at BMO Bank of Montreal. BMO is actually doing an extraordinary job at recognizing the value of women, and women entrepreneurs in particular these days, and have been putting their money where their mouth is in the form of supporting SheEO, among multiple other initiatives. Check it all out here.

Normally we have a practice of essentially taking turns attending the events that we are invited to that allows us to have personal downtime, family time and so on.  The event was on a Friday night, and happened to fall just under 24 hours after I was scheduled to return from Paris (pauvre moi!). Knowing that I might not be feeling 100% awesome (I wasn’t, as it turned out) and that Suzanne would attend, I took a pass.

Something different was going on though, and I kept getting emails encouraging me to come. I am a total sucker for enthusiasm (Lunapads and G Day job seekers, take note!), and agreed to attend on the condition that I could bring my Mom, who has been a customer of BMO’s for over 60 years, which of course was more than fine.

All good! Lovely reception, thought-provoking keynote, and then: awards! What awards? Something-something Innovation something Global something and then over the speakers comes our story, no names, delivered in the third person by the MC: we are the honourees and are invited up on the stage.

Wow, how wonderful! How exciting! Suzanne is closest to the mic and says some eloquent words about our work and expresses gratitude for the recognition. Would I care to add anything?

For reasons I am still trying to come to grips with (demon foreshadowing hint!): actually, no thanks: she nailed it, I’m good. Big smile, a wave and hand-over-heart gesture were all that I had in me. No “Thank you so much!”: nothing audible at all, in fact. It all passed by in an instant, and the next thing I knew, there I was back in my seat feeling like a spoiled child.

Enter THE DEMONS!!! Here are some of their soundbites: “That was the lamest performance ever”, “You looked like a total @$$hole”, “You let down Lunapads, your business partner, BMO and your esteemed colleagues who fixed this all up for you in the first place”, “Is that all you’ve got? Your Mom was there, for Pete’s sake!” We are talking demon fiesta, a demon freaking Christmas.

Nothing like feeling like a loser when you’ve just won an award: Score one for you, Demons!

As painful as it is for me to recall these feelings, writing this post in actually my way of shining the light into the dark basement and saying enough. I don’t know where these voices come from, and am uncertain that knowing would necessarily make then shut up and go away in any case.

As it happened, I was scheduled to connect with my wonderful SheEO coach MJ early the following week as I was still churning over the previously described scene, who clued me into the neurological fact that, thanks to the flight-or-flight response, our adult brains are “velcro for the negative and teflon for the positive” (as opposed to children, who track success, not failure). Good to know. But what to do about it?

Part of my unchecked baggage has to do with feeling ashamed of my privilege and wanting to shut things down when I feel like I am receiving “too much” or taking up too much space energetically. Like, say… “undeserved” awards, as a random example. Hmmm.

Processing things with a friend, skilled Coach or suchlike can go a very long way, but ultimately I knew that the work was up to me. I sat with MJ’s insights and my crap for a while, and then noticed the large, lovely crystal vase that I had made into an albatross – my award – sitting on the mantelpiece, sadly empty.

There are a bunch of posts about my enthusiasm for gardening over at the Lunapads blog; let’s just say that I enjoy growing things. There is something so wonderfully tangible about it, and also accounts for my predilection for in-person conversations, products and other more-physical, less-abstract pursuits.

Without thinking twice about what I was doing, I went into my garden, picked up my shears and helped myself to a brilliant, generous mass of some of my most treasured favourites: calla lilies, delphiniums, foxgloves, rose campion and even a late peony.

Putting those gorgeous flowers into the vase was total therapy: I had finally found the celebration, the landing, the rightness of the award by putting it so gloriously to its intended use.

Flowers may seem like an unusual weapon of choice with which to fight demons, however they gave me the permission that I needed to forgive myself and enjoy something that I was worthy of. Nature and its creations are a far more potent power than we normally credit it with, and for me at least, using the vase in such a deeply personal way was the perfect tonic for me.

Thank you BMO, Nature, Mom, Suzanne, and the amazing community that is and supports women entrepreneurs in their blooming, whatever shape it takes.

 

 

SheEO Radical Generosity cohort Top 5 Canada 2016

The SheEO effect

“Collaboration is the new competition.” – SheEO Radical Generosity fund Top 5 cohort

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Our SheEO Radical Generosity cohort: (L-R) entrepreneurs Nadia Hamilton, Ilana Ben-Ari, Suzanne, Sonia Strobel, Madeleine, Toni Desrosiers, Coaches MJ Ryan and Loren Walsh, and Founder Vicki Saunders. Toronto, February 22, 2016. Photo credit: Dahlia Katz.

We have just returned from one of the most remarkable experiences in our entire Lunapads journey. In addition to being recognized as being among Canada’s most impactful women entrepreneurs, we have seen and experienced what we believe is the future of sustainable business funding.

Lunapads was ranked in the top 5 from a field of over 230 applicant companies from across the country by 500 “Activators”: women who each contributed $1,000 (including Suzanne and I) to create the SheEO Radical Generosity fund of $500,000, distributed as interest-free, 5 year term loans.

The Toronto-based initiative is the brainchild of serial tech entrepreneur Vicki Saunders. Rather than being a “Venture Capital for women” approach, the fund offers a holistic, arguably more impactful model, harnessing the power of the Activators, effectively bringing each selected venture 500 new customers and advocates.

Vicki’s experience in the Silicon Valley investment world was of a deeply flawed model that is leading to unrealistic valuations – and human expectations – of “unicorn” companies that do not reflect the reality of the vast majority of business startups (twice as many of which are started by women as men, incongruously). Less than 4% of this type of investment is given to women-owned companies in any case.

Some other notable things about why Radical Generosity is so groundbreaking include its process: the $500,000 was allocated, not by a panel of judges or “experts”, but rather by consensus among the 5 ventures. The only rules that we were given were that the funds could not be divided evenly, and that the funds could not all be given to one venture.

Video credit: Kristina Ruddick

Rather than an adversarial, “winner take all” approach, where the venture with the most capital is seen as the most successful, the ventures chose (in the face of considerable media pressure, I might add) not to disclose the final amounts, choosing instead to highlight the combined estimated increase in revenue for the entire group in the next 12 months ($2.5 million).

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“Locked in a boardroom?” Not!

What the process looked like in practice was what made it truly incredible. We were sequestered, not in a downtown boardroom, but rather in a historic country farmhouse an hour away from Toronto.

In the company of two expert Coach facilitators as well as Vicki herself, we were led in a series of deeply thoughtful, heart-led conversations and exercises for a full day and a half prior to the commencement of the final deliberations. We were fed delicious organic food and encouraged to share our personal stories about who we are as people and the “whys” behind our business ventures.

The result is that it would be harder to find a more closely bonded group of ass-kicking entrepreneurs, fiercely committed to one another’s – and the fund’s – success. It is an amazing example of “big picture thinking” that we believe sets an example of true sustainability. “Not for ourselves alone” was a refrain that kept playing in my head throughout the weekend.

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Photo credit: Dahlia Katz

And then there was a party! It was so amazing to be celebrated, especially alongside such inspiring sister-entrepreneurs. The “purple carpet” event was held in a historic Fermentation room (Vicki noted in her speech that it was a perfect metaphor for the growth of the Radical Generosity network) and attended by over 200 Activators. In that room, we felt the overwhelming power of women truly excited about our businesses and eager to offer ways to help us achieve our goals. We are not only now supported by a new model of funding, but we now have 500 new customers, experts and champions of our business. How awesome is that?!

The only disappointment in the entire experience was the lack of depth in media coverage (ie: the Globe and Mail – online only , Techvibes,  and a tiny blurb on News 1130 and in the Vancouver Sun).  Given the innovative funding model and degree of impact SheEO is creating, we strongly feel this kind of story deserves more attention.

We are incredibly proud of this milestone and so grateful for the support of our staff, customers, friends and family that has brought us to this point. To Vicki and the SheEO team, the Activators, Ilana, Nadia, Toni and Sonia (more on these women and their businesses soon), and all SheEOs past, present and future: thank you from the bottom of our hearts. We will do you proud!