• From Us Prosperity

    #TIPOFTHEWEEK: Tips to Becoming a CEO

    This week’s tip of the week is going out to all of my entrepreneurs and aspiring entrepreneurs. If you’re an ambitious mama with a ton of responsibilities, but also a major entrepreneurial dream, one way to achieve that dream is to assemble a strong team.

    When I first conceived BougieMama in my brain, I felt excited…and terrified. I took literal years of doubting myself and putting it off, and felt pretty certain that I’d never believed solely in myself enough to really execute my vision. That’s when I started looking for a team. I needed other mamas who were passionate, talented, and smart. And I needed them to care about the task at hand: providing resources and shine to new mamas and mamas of color respectively. I was looking for unicorns.

    Once I decided to find partners, I began searching in secret. I didn’t tell anyone about my idea or my search for collaborators. Instead, I watched my networks for 2-3 other mamas who’s skills and talents I felt could really compliment my own.  Bridgid and Cecilia naturally rose to the top of my contender list-a stylish and humble mama of 2 boys whose effortless look and vibe made her the envy of everyone, and a bada** mama of 1 with determination to help women that spanned her personal and professional life.

    First piece of advice: Team up with people who inspire, amaze, and intimidate you.

    Before approaching these amazing ladies, I wanted to have my A game ready! I put together a quick proposal in Google Docs, outlining my vision for BougieMama, ideas around how we could make money ethically (still in progress), and how they’d fit in as co-founders. I slid in their DMs, and followed up by emailing along this proposal to them separately.

     

    Second piece of advice: Never stop courting. Your team is valuable. Reach out to them with respect and with a clear offer/ask.

    Which leads me to my next thing: equity. It felt, and continues to feel important to me, that BougieMama is all of ours. I split up the ‘ownership’ of our company among us. We each own a slice, and we make decisions together as a team. If I couldn’t trust these ladies with a piece of BougieMama, then they clearly weren’t the right choice. It was scary to share my vision with others, but they have risen above and beyond my wildest dreams. And held me accountable along the way!

     

    Third piece of advice: don’t be stingy/hold back. Trust your team.

    Have you thought about starting a business? What’s holding you back? I hope these tips help you to think about building a powerful team! Let me know if you have any questions or thoughts!

    With Love,

    Desiree

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    Crystal Nicole

    These are great, actionable tips. I think my number one issue has been building a team, simply because trusting other people with my business is nerve-racking. However, a great boss knows that team members are needed and delegating tasks come in handy.

    Tomiko

    Everybody needs their own personal tribe and I’m so glad I have people that hold me accountable and make me better

    Kita
    Kita

    I have my own business and a small team of administrative support. I definitely check in with them often and let them know how much I appreciate them.

    Mimi Green

    I love this “Team up with people who inspire, amaze, and intimidate you” I never thought to include people that intimidate me. That is a good word.

    Kiwi
    Kiwi

    That black guy turning into a unicorn meme is cracking me up. Carefree black guy in effect i love it! Also so one of the secrets to being a good CEO is building a team, I think that is good advice especially as the brand grows.

    Kiwi
    Kiwi

    The black guy unicorn is hilarious. I am all for black boy joy so cute! Also I think it is good advice that becoming a CEO is building a team, especially when the brand grows!