UGottaEat President Talks Entrepreneurship on All-Female Panel
There are roughly 11,000,000 women-owned businesses in the U.S. and since 2007, entrepreneurship has seen a 45% increase. Much of this increase has been with women of color. In addition, Ohio is in the top 10 for women-owned businesses with the Cleveland Metropolitan area seeing a 51% increase in women-owned business over the past 10 years. To take a closer look at entrepreneurship in Northeast Ohio, the Warrensville Heights Area Chamber of Commerce recently hosted a networking luncheon with an all-female panel. UGottaEat President Tonya Kinlow was a featured speaker and gave her take on entrepreneurship, startup experiences, day-to-day operations, access to capital, as well as hiring millennials. The panel was facilitated by Gloria Ware, Principal, Inclusion, JumpStart, Inc., and featured:
Laura Bennett, CEO and Co-Founder, Embrace Pet Insurance
Monique Winston, CEO, OPTIMA Lender Services
Renee DeLuca Dolan, President/Publisher, Contempo Communications
Tonya Kinlow, President, UGottaEat
Here are some takeaways from Tonya.
How necessary is it to have millennials on your team?
“I have to have millennials to be cutting edge. There’s a similarity among all millennials–they are going for it and doing what they love and not waiting 26 years like I did! Millennials represent 40% of the workforce so they can’t be ignored and I believe their ‘go get it’ is necessary to help push startups toward success.”
What is the best form of marketing?
“Although I use many forms of marketing, word of mouth is still the most effective mode.”
What product can’t you live without?
“My phone! I can do almost anything from my iPhone. That’s why UGottaEat started with an app because people are glued to their phones.”
What is one of the biggest challenges entrepreneurs face?
Gaining capital and having access to money. It is the gap needed to drive and grow businesses.