Episode 157: Funding for Women Led Businesses – Tips and Traps
In this podcast, the third episode of eight in the CLI’s Women Legal Business Founders and Leaders Series offered through our Legalpreneurs Lab Women Legalpreneurs Special Interest Group, Terri Mottershead, Executive Director, Centre for Legal Innovation, facilitated a discussion about the when, how, why and what of funding for women led businesses with two outstanding women founders and leaders from Australia and the USA:
- Jannaya James, Partner - Financial Advisory, Grant Thornton Australia
- Basha Rubin, CEO & Co-Founder, Priori Legal
Topics covered in this session included:
- How to think about and make fundamental choices for business funding
- Key sources of funding for legal businesses
- Whether or not legal businesses need to be more creative and cast the net widely/differently when it comes to funding
- What funders look for in a legal business and why
- When it’s desirable/undesirable for a funder to take a stake in the business
- The profile of and your checklist for a fabulous investor
- Why women led businesses don’t fare as well in the funding stakes and what can be done about it
If you would prefer to watch rather than listen to this episode, you’ll find the video in our CLI-Collaborate (CLIC) free Resource Hub here.