The Future is Bright for VC Investing in Connecticut EP 88
25m
·
HAYVN Hubcast
·
Today on HAYVN Hubcast, we’re talking about funding, starting a business, and the entrepreneurship journey with special guest Alison Malloy.
Alison is the Managing Director of Investments at Connecticut Innovations, (CI) Connecticut's strategic venture capital arm. She’s also the co-founder of the Women's Investment Network, Tidal River. In this episode, we dive into her journey, discussing how she became a leader in Connecticut's venture and investment landscape and how she is modeling the way for entrepreneurs and investors.
Key business and investing insights Alison shares:
-
Where to start as a new entrepreneur
-
The importance of perseverance in business
-
How the right people can help you
-
What Connecticut is doing to connect entrepreneurs and investors
-
How she’s answering the question “Where are the women?” in venture and angel investing
-
Why she is excited about CI’s newest funds
“Being an entrepreneur is a roller coaster. Luckily, if you stick in it long enough, there's a terrific end at the end of the day.” - Alison Malloy
Alison has described being an entrepreneur as “fun”, but she also admits how challenging it can be. You have to put in the work, and it can be discouraging at the start, but it’s also very fulfilling.
Connect with Alison Malloy:
Website
Connect with Nancy:
Website
The episode The Future is Bright for VC Investing in Connecticut EP 88 from the podcast HAYVN Hubcast has a duration of
25:01. It was first published
More episodes from HAYVN Hubcast
Chemistry, Friendship and Skincare Entrepreneurship with Ann Guerrera and Áine Kappel EP 96
A lot of entrepreneurs who sell amazing products don’t always start in business. Sometimes, they come up with an idea for a product (that often doesn’t exist in the marketplace) and then make a business out of that idea. That’s exactly the story of our guests Ann Guerrera and Áine Kappel.
Anne and Áine are the best friend and founder duo behind Alchemists Laboratories, a skincare brand dedicated to producing all-natural products to help women look as young and healthy as they feel. These friends were previously research chemists and met when they were working as chemistry teachers.
After 20 years of friendship and multiple lunchtime conversations, they started talking about their aging skin. This conversation led them to start research and test product development in 2019 for a product that’s effective and without all of the hard-to-pronounce ingredients.
“Why wouldn't you ingest the nutrients that are needed for healthy skin where it's able to work on the cellular level from the inside out?” - Áine Kappel
Key points discussed in this episode are:
-
Balancing being best friends and business partners
-
Starting their business doing everything themselves
-
The shift and changes when taking the next step in their business
“Every time we’d do something we had to learn it ourselves. We'd like to take the next step where we can hire people who are specialists.” - Ann Guerrera
Now their focus has shifted from getting their product formulas right to being ready to take a large step forward in their business growth.
This duo recently won HAYVN Hatch, and they’ve been amazed at all of the help people have been willing to give them. They realized that this doesn’t have to be a lonely journey, and people are willing to help them as they bring their business to the next level.
Connect with Alchemists Laboratories:
Website
Connect with Nancy:
Website
State Representative Tracy Marra: Serving with Passion and Purpose EP 95
State Representatives play an important role in their communities. It’s their job to recognize the needs of the people they represent and make sure those needs are met by legislation. In this episode of HAYVN Hubcast, we’re joined by Rep. Tracy Marra. She’s currently the State Representative for Norwalk & Darien.
Ever since high school, Rep. Marra was focused on a career as a pharmacist. Even though she compared being a pharmacist to being a lawyer, with the amount of reading, research, and knowledge it required, she never thought that she’d go into politics.
While living and working in Bermuda, her time away from our country gave her a new level of respect for the U.S., and an appreciation for the fact that she could vote and have her words heard by her government. After getting actively involved in her local Darien community, she worked as an organizer, a campaign manager, and eventually a representative.
In her first year as State Representative, she is actively engaged on the Education, Public Health and Transportation committees.
“I didn't want it to be by the 10% from either side that was acting crazy. I wanted to make sure that our community was represented by someone thoughtful.” - Rep. Tracy Marra
Rep. Marra shares with us:
-
Why she decided to get into politics
-
The projects and passions she’s working on
-
The support businesses need in Connecticut.
“We need to move forward with rational, calm legislation. The noise is just noise.” - Rep. Tracy Marra
In this episode Rep. Marra shares her knowledge, her sense of civic responsibility and the work she is doing for Connecticut, while demonstrating how her thoughtfulness and appreciation for the country are influencing her work.
Connect with State Representative Tracy Marra:
Website
Connect with Nancy:
Website
The Global Bootstrap Story of Kara Mac Shoes EP 94
HAYVN is a community of passionate and driven entrepreneurs who we are proud to celebrate. In this episode, we get to hear about the exciting business journey of Kara Mac, founder of Kara Mac Shoes, also a recent winner of the HAYVN Hatch.
As a graduate of the Fashion Institute of Technology with a degree in knitwear technology, Kara quickly worked her way up in the fashion industry. One day after walking to work with shoes in her bag to change into for a later event, only to find a dozen other shoes under her desk for different outfits, her idea came for Kara Mac Shoes, "The World's First Instantly Convertible Shoes from Heel to Toe."
After several successful business pitches, Kara quit her job and worked on her shoe company full time.
Key Points discussed:
-
Challenges in starting a new brand business
-
Keeping the brand and business sustainable
-
Understanding the client
-
Shifting the focus to looking for capital and growing the business
“You have to build your moat so other people can't steal your work.” - Kara Mac
From the conception of the idea until about a year ago, Kara Mac Shoes has been self-funded and running on revolving cash flow. Kara has been bootstrapping at a global level, sourcing manufacturers and factories, fulfilling the orders herself, hiring interns and freelancers, flying all over the country to get proof of concept, and getting friends and families to help. During this time, she was able to understand her customers, work on and improve the product, and secure the patents.
Now, she’s ready to expand the business, increase capital, expand the customer base, and bring in more sales.
Connect with Kara Mac:
Website
Connect with Nancy:
Website
From Chaos to Clarity: Managing Serious Life Transitions EP 93
In this episode of HAYVN Hubcast, host Nancy Sheed speaks with Ed Knight, Founder and CEO of Transference, a company dedicated to helping individuals navigate the complexities of administrative and tedious tasks during challenging life transitions.
One of the most uncomfortable conversations to have is what to do in case of tragedies like injuries, medical emergencies, or even death. When loved ones are unprepared, all the paperwork, legalities, and involved parties can add even more stress.
With a background in finance and insurance, Ed recognized the need for dedicated support in managing the paperwork and red tape that needs to be taken care of during these crucial times. With Transference, his goal is to provide clarity and assistance to those navigating the complexities of estate management, end-of-life affairs, and caregiving responsibilities.
Ed talks about:
-
Navigating life transitions and unexpected tragedies
-
Proactive preparation and estate management
-
Maximizing technology now for less headaches later
People often go to lawyers in these situations when they don’t know what else to do. Transference offers the same administrative services, making it more accessible and typically more affordable to people who need it most.
Using seminars, strategic partnerships, and groups like HAYVN, Ed is maximizing the power of networks to expand his new business and make sure that people know about his business whenever they might need it.
Connect with Ed Knight
Website
Connect with Nancy:
Website
How Social Capital Can Bring Us Together With Congressman Jim Himes EP: 92
In this episode of the HAYVN Hubcast, we welcome US Representative Jim Himes who represents Connecticut's 4th District. Congressman Himes shares insights into his journey from a background in business to politics and discusses key issues affecting community businesses, our state and our country.
Congressman Himes has served as a representative for Connecticut's 4th District for eight terms (that’s 16 years!). With a background in business, including a 12-year stint at Goldman Sachs, Congressman Himes brings a unique perspective to policy making, focusing on issues such as economic growth, sustainability, and social capital.
“It's never easy to start a small business, but it’s easier now than it was 30 years ago.” - Congressman Jim Himes
Key Topics Discussed:
-
How modern economics have evolved with innovation
-
Importance of social capital
-
Challenges facing Connecticut and the US
-
Role of civic engagement
With a genuine appreciation of the resiliency of the “incredible people” of Connecticut, Himes offers a thoughtful perspective on what keeps him up at night and how we can come together in these divisive times. And bringing it closer to home, he notes that HAYVN epitomizes how social capital can work.
“There's no substitute for the social networks that you're part of.” - Congressman Jim Himes
By hearing Congressman Himes' perspectives on entrepreneurship, community engagement, and continued support of small businesses, this episode offers valuable insights for listeners interested in what’s going on in government and the things they can do right now for their businesses and careers.
Connect with Congressman Jim Himes:
Website
YouTube
Connect with Nancy:
Website
Threads