Franchise Update Magazine Issue I, 2016 | Page 21

Female Founders I continue to have to work hard at it, but it’s getting easier. men are a little better about not overprocessing business situations. What is the key to your company’s success? First and foremost, Bottle & Bottega is a great business. I mean who doesn’t like to drink wine and paint? We were clear on our customer and differentiators from day one and have not deviated from that once. That clarity and focus has been huge. We center our decisions always with an eye toward our guest satisfaction and executing a high-quality, unique studio experience for them. We organize people’s special events every day, so we have to get it right the first time. Our guests notice and appreciate that. Additionally, we’ve done a great job of building a strong headquarters team as well as franchise family. We work hard on the relationships and on seeking input from our franchisees on key initiatives to ensure we are on the right path so we don’t have to lose time and money backtracking. Building a successful business is reliant on everyone in the brand moving in the same direction, believing in the same vision and strategies, and supporting each other. We got that part right. What has been your biggest challenge as a woman entrepreneur? Just my own internal pressure to succeed mainly, and to be the best role model for other women. Throughout my career I’ve taken roles that were hard, unfamiliar to me, and unintentionally male-dominated (plumbing, electrical, food) because I get bored easily and I love to learn. So, starting my own business was just a natural next step I needed to take. BEING FEMALE From a woman’s perspective, what notable changes have you seen for women in franchising since starting your brand? I’ve seen so many cool new concepts that I think are really unique, interesting, and ideal for female ownership. Many have been a by-product of the recession, and their founders have discovered ways to reduce risk by making them more attractive and fun for women to consider. In addition, I’ve seen so many more women in key leadership roles in franchising. It’s exciting! The franchise community is such a supportive and collaborative community. It’s a perfect environment for women in business to thrive. Was being female an advantage or disadvantage for you in building your company? How? I don’t feel it was either, really. I’ve always charged forward in business as a business person first. I put in the time, do my research, present solid ideas, and back them up with results. I’m not afraid to ask for help, and I take constructive feedback pretty well. I’ve been blessed to have built a very strong network of business friends who are there when I need honest advice and guidance. Have you found specific advantages or disadvantages to being a woman business owner? I feel as a woman that I’m a bit more tuned in to the pulse and mood of my franchisees, which is critical to get ahead of and address. On the flip side, that intuition and those relationships can keep me up some nights. I take the success of my franchisees personally, so if anyone is having challenges it hits home, and I can sometimes over-process. I feel Why do you think there are fewer start-ups with female founders than male ones? Men just had a head start. Give us time, we are coming along fast. What do you think is the biggest issue for women in the workplace? I think women have a bit of an aversion to take risks in comparison with our male counterparts. Women are great planners and executors. However, we tend to not be as big risk-takers. I’ve found getting more comfortable with risk is important to develop into a stronger leader. Which female leaders do you admire? Why? There have been many female CEOs and presidents I’ve met over my 24 years in franchising who have become mentors, advisors, and friends. I appreciate their vision, strength, results, ability to build strong cultures and teams, and willingness to help and advise me and others even when I know they don’t have the time. Whenever I’m going through a difficult leadership moment, I’ll stop and think of one of them and say, “How would they handle this challenge?” That question really helps me model the behavior I want to have and be the best leader in that moment. Has mentorship made a difference in your professional and personal life? How? Yes. I have had many mentors, both formal and informal, throughout my career who have helped shape my leadership style and confidence. I have also been a mentor for more than 7 years within the IFA Franship program. We mentor franchise leaders new to franchising. It’s been amazing for me to participate in, as it’s allowed me to pay back the kindness shown to me by my mentors and help others hopefully avoid some of the mistakes I’ve made. Are you involved in any female entrepreneur organizations? Yes. I am vice chair of the IFA’s Women’s Franchise Committee. Part of my role is to plan the Leadership Conference at the annual IFA Convention. We attract about 325 attendees and focus on key leadership lessons. In addition, we have local Women’s Franchise Network meetings throughout the year across the country. I try to attend those and recently hosted one at our studio in Chicago. PERSONAL What does your typical day look like? Work out first always, then a quick review of our KPIs and financials to ensure we are on track. I spend an hour on my key project, then knock out my team meeting calls, franchisee calls, and move through my task list for the day. I usually start at 7 a.m. and end around 7 p.m. I always end the day with a glass of wine or ice cold beer. It’s my celebration of my accomplishments for the day. How do you maintain a work/life balance? It’s hard, especially with a young and growing brand, so I have to make a game of it and schedule stuff out. I create a personal calendar at the beginning of each year and start to populate it with small trips to