This post is from our spokeswoman Danielle Tate’s blog. Not only is she a business owner, inspirational speaker, and book author, Danielle also interviews female entrepreneurs every Friday on her blog about their business, goals, and advice they have for other women starting their own businesses. This post features Kristen Marquet who started a website to give female entrepreneurs free tips and advice on starting businesses from scratch. Check out her story then go visit her website!
(Originally posted by Danielle Tate on ElegantEntrepreneur.com on April 27, 2018 and reposted with permission)
This Female Founder Friday I’m happy to share the story of woman entrepreneur, Kristin Marquet. Kristen is the founder of FemFounder, an online resource where female entrepreneurs can go to get free tips, tricks, advice, tools, and resources on just about every aspect of running a business. Kristen left the safety of a corporate PR job to go out on her own, and learned more than a few things on her journey.
So, if you’re entrepreneur-curious or currently building your business, don’t miss Kristin’s honest answers about working in a job she didn’t enjoy and struggling to find the clarity that eventually led to the success of her business. We’ve all struggled and wished for a “magic 8 ball of clarity” as entrepreneurs. It’s reassuring for those in the turmoil of startup world to know that fact, and realize that if you keep going you will find your way and grow your company.
What inspired you to create your company?
After college, I had worked as a PR manager for a law firm for a year because I was considering applying to law school. But then after, I realized that I didn’t enjoy anything about the law so I went on to work in consulting for four years. During the financial crisis, my office in the Northeast shut down and I was laid off. At that point, I had a tough decision to make: “Do I look for a job, or do I start my own business?” After a few days of weighing the pros and cons, I decided to take the risk and launch a PR firm (originally Marquet Media, now Creative Development Agency.) It’s been 10+ years and I never looked back after that.
About a year ago, I decided to launch FemFounder.co (after receiving numerous requests from entrepreneurs who could not afford to hire a PR firm). FemFounder.co is a one-stop shop for female business owners that publishes content on anything related to business.
What was your biggest obstacle and failure in going from idea to business?
Lack of Clarity — Not knowing what industry I wanted to serve cost me a lot of time and money. When I first started out in business, one week I would want to do professional services, the next I would want to focus on medical and health, and then the next I would want to focus on fashion. I would get so frustrated and agonize because I wouldn’t know where to spend my time. I finally figured out where my best contacts were and my strongest skill set and committed to beauty/lifestyle/wellness. Once I figured out the markets I would serve, it was a huge relief. I could finally get back to serving my clients without agonizing where my passion fell.
I am working on a variety of projects but the most interesting projects we’re working on right now are launching the high-fashion model agency DebutModels.com, growing emerging beauty brand BubblePopBeauty.com, working with entrepreneur Dr. Tasha Holland-Korneygay, as well as rebranding the clean beauty magazine and e-commerce platform, TheBeautyLyst.com.
What is a life or business hack that you recommend to help other female founders?
You can have both a life and a business. Make it a point to take time for yourself and take care of yourself. No one else is going to take care of you but you.
Please share your best piece of advice for aspiring female founders.
Being an entrepreneur is tough, can be lonely at times, and can suck overall. But when things get tough (and trust me they will), make sure to have a strong support system and make friends with other entrepreneurs who can relate. It’ll be a lot easier to weather the bad times. I have my FemFounder.co network so it makes the process of entrepreneurship much easier.