Tanya Sam Talks Raising Funds For Women Entrepreneurs And Leaning Into Multiple Career Passions

One can say that entrepreneur Tanya Sam checks all the boxes: Beautiful. Eloquent. Quirky. Fashionable. Her impact and interests transcend reality TV (though many of us loved watching her on The Real Housewives of Atlanta for sure), and she has the smarts that she's using to empower women entrepreneurs through The Ambition Fund. It's an investment company she founded that has worked to level the playing field for women and minorities to access resources like mentorship, investment capital, and funding.
Oh, there's more. She's an expert in the Web3 and NFT spaces, has served as director of Partnerships at TechSquare Labs, mentoring more than 60 companies founded by women and minority entrepreneurs, and has served as host of the influential Money Moves podcast powered by the Greenwood platform.
And through her work, she has made valuable investments, helping businesses generate more than $100 million in revenue. Add to that her hosting gig on "Making of a Mogul," a TV series focusing on the success stories of entrepreneurs in Black and Brown communities.

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She's been the queen of taking up space across diverse interests and passions, so beyond tech and entrepreneurship, she also has a robust social following and has built a diverse community centered on a love of books via the Tanya Time Book Club, a virtual space that will soon host its first in-person meet up in London.
I caught up with her after our first conversation, pre-Covid, to talk more about how things have been going with The Ambition Fund, her continued pursuit of advocating for women and minority entrepreneurs through actual investment (i.e., putting your money where your mouth is), and how she's been able to lean totally into multiple things she loves while building community:
xoNecole: We spoke almost three years ago, and you talked about all the awesome things you've done with the Ambition Fund. Talk a bit more about the success and impact of your work since then with BuiltxWomen and Ascend 2020.
Tanya Sam: That was just when we were going into the pandemic, perhaps, and that's so crazy! A lot has gone on from there and changed. The Ambition Fund is a fund I started to help underrepresented founders and early-stage entrepreneurs grow, scale, and educate themselves on how to build scalable businesses. A lot of that came from the work I did with TechSquare Labs, BuiltxWomen, and Ascend 2020.
[There was] a little bit of influence from my time at Real Housewives of Atlanta when I was exposed to a much bigger audience. I was constantly being inundated by women, in particular, who were building businesses outside of this smaller tech silo but had credible businesses that they were looking to scale, whether they were in hospitality, beauty---just so many people.
I feel like the pandemic grew this as well, where people were looking for different ways they could make their businesses successful---make their dreams come true.

Courtesy of Tanya Sam
That's where the Ambition Fund [came in.] Prior to that, I was investing in hydro-scalable companies, trying to find an avenue for some of these smaller businesses to help them grow and scale and have profitable enterprises.
Since then, I've done several more investments. In the entrepreneur world, it takes time. One of the things people are always asking is, 'Have you cashed out?' or 'Are you living on an island right now?' A lot of us founders have gone on to raise Series A from either the investment check I wrote---Series A [first major round of funding] or B [second major round]. They've increased their number of employees, which is always important to me, to grow and scale and hire more people and create more avenues for families to grow.
Some of those businesses, sadly, did not survive. They're starting another business based on the learning and pivots they've had to do. I look at that in all sorts of growth because there's a learning lesson for it all.
xoN: You really know your tech and business. What led you to pivot into tech, especially from your background in STEM and what you studied in school? Were you always a tech and business geek?
TS: My background is in healthcare and medicine. I did a degree in genetics and cell biology and then went back and did another bachelor's degree so I could study nursing. I [spent] most of my career in bone marrow transplant and oncology. So when I really was exposed to tech and the idea of it, I was dating my partner at the time. He was instrumental and was a serial entrepreneur starting a cybersecurity company. I knew nothing about cybersecurity, technology, or entrepreneurship at the time.
I really grew up in a family that was very medical-focused. The idea of starting a business and raising a round was completely foreign to me. But, there's all these ideas I sort of noodled on myself and how I wanted to approach entrepreneurship.
There are so many people out there that have this idea, and they're faced with this dreamer's dilemma. Do I take a chance on myself and build my own business to solve a problem that I'm passionate about, or do I keep doing what I'm doing, get my paycheck and live life out as we've been taught?"
[That's the case] for most of our generations----take the safe route. Work the corporate ladder. I did both. I like to say that because there was a time when I was working 12-hour shifts in the hospital but at the same time, I was running my own business and working in startups and tech, learning everything I could. I had people around me that were instrumental in helping me combat the imposter syndrome I think everybody has when it comes to navigating and making those career shifts to go from what they know---what is safe--to risking it all and trying something new.
xoN: You spoke about 'generations' and being taught to go the 'safe' career route, and I know you're Ghanaian-Canadian. There are many friends and family I know who are first-generation immigrants, with lineage from Africa and the Caribbean, who have been told the same. How has your upbringing played a role personally for you in your diverse career journey?
TS: My dad came to Canada on a med school scholarship back in the early '60s. Canada had a very small Black population, so it was a huge deal that he was awarded a scholarship to go to Canada to study medicine, which really changed the trajectory of so many people in our family. One of the main tenants that I think Africans have when you go overseas to study is that there are like five professions you go into. And so, I decided to pursue nursing, and even that, it was like, 'Oh, I'm not sure. You should go be a doctor.'
To branch out and do entrepreneurship in the U.S. was a big point of contention in my family, however, I say all that to say that most Africans---and it's very commonplace---have so many jobs.
When I think back to my aunts who stayed in Ghana, they ran businesses---shops, kitchens, clothing businesses. The idea that I could be a multi-hyphenate and that I could do all these things and wear multiple hats---that part is in my blood.
xoN: What is your advice for other women who have a passion for careers considered 'safe' but also want to branch out and fully lean into businesses or other careers?
TS: You've gotta just go for it. Oftentimes, we're our own worst enemy, and we talk ourselves out of it. We want to wait until the timing is right. I've heard this over and over again. The timing is never right, and you just have to go for it.
My second piece of advice is done is better than perfect. I say this often as well. I came from a background of life-or-death decisions, but most decisions you're going to make in building your business are not going to be life or death. I feel like we have to let go of that idea that everything has to be perfect. [We think] we have to go back to school to study business or get that MBA.
There's so much information available online that can help you scale a business, how to market, how to do operations, so done is better than perfect. Just launch it, and you will always---if you're committed to it---be able to reiterate and grow from that. You will be able to make the best decision possible based on getting your business out there.
And last, access your resources. The best resources are right there under your nose. It's vertical resources and horizontal. It might be people in your mastermind group or others who have built businesses and can help you when you hit roadblocks. Others can help you raise money.
There are people out there who are willing to help you. You just have to ask.
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This Is How To Keep 'Holiday Season Stress' From Infecting Your Relationship
Hmph. Maybe it’s just me, but it seems like there is something really weird happening in the fall season air (because winter doesn’t officially begin until December 21) that cuddle season is in full swing while break-up season is as well. In fact, did you know that break-ups are so popular during the holiday season that December 11 is deemed Break-Up Day?
The reasons why relationships shift around this time vary; however, I did both roll my eyes and chuckle when I read that a very popular one is because it’s an easy way to get out of getting one’s significant other a Christmas present. SMDH.
Anyway, I personally think that the less shallow folks out here may contemplate calling things “quits” or they at least distance themselves a bit from their partner (and what I’m referring to is serious relationships) due to all of the stress and strain that oftentimes comes with the holidays whether it be financial, familial, due to their tight schedules or something else.
Listen, I would hate for you and your man to miss the fun and happiness of experiencing this time of year, all because you are so overwhelmed or irritated that you can’t really enjoy it. That’s why I have a few practical tips for how to avoid allowing the typical holiday season stress from INFECTING your relationship.
Manage Your Expectations
GiphyUnmanaged expectations. If there is a main reason why the holiday season tends to be so stress-filled for so many people, I’d bet good money that this is the cause. And when you’re in a long-term relationship, expectations can manifest themselves in all sorts of cryptic and/or unexpected ways. You might have relatives who assume that you are going to be with them for Thanksgiving or Christmas when you have other plans in mind. You might be thinking that you are going to spend one amount for presents while your man is thinking something totally different. When it comes to scheduling, your signals may be crossed.
And you know what? To all of these scenarios, this is where clear and consistent communication come in. Don’t assume anything. Don’t dictate anything either. From now until New Year’s, mutually decide to check in once a week, just to make sure that you are both on the same page as it relates to the holidays and what you both are thinking will come along with it. The less blindsided you both feel, the less stressed out you will be. Trust me on this.
Set (and Keep) a Budget
GiphyOkay, so I read that last year, 36 percent of Americans incurred some type of holiday-related debt. Hmph. Last year, there was still some sense of normalcy in this country, chile, so I can only imagine what finances are gonna look like over the next several weeks. That said, since I don’t know a lot of people who don’t find being broke stressful, make sure that you and your bae set a budget and then stick to it this year — no ifs, ands or buts.
Because really, y’all — it doesn’t make sense to deplete savings and/or max out credit cards for a few days of giggles only to be damn near losing your mind because you don’t know how to make ends meet come Dr. Martin Luther King, Jr. Day.
And by the way, this tip doesn’t just speak to things like food and gifts; I also mean travel. If it doesn’t make a ton of sense (or cents) to be all over the place this year — DON’T BE.
Keep Matthew 5:37 at the Forefront
GiphyIf off the top of your head, you don’t know what Matthew 5:37 says, no worries, here ya go: “But let your ‘Yes’ be ‘Yes,’ and your ‘No,’ ‘No.’ For whatever is more than these is from the evil one.” That verse right there? Oh, it’s a boundaries lifesaver! I say that because do you see “maybe” or “I’ll think about it” in there? Nope. LOL. It says that you should tell people “yes” or “no” and leave it at that — and that complements Anne Lamott’s quote, “’No’ is a complete sentence” impeccably well. Yeah, you’ve got to remember that anything beyond a yes or no to a request is privileged information; you don’t owe anyone details or an explanation.
Besides, if you are really honest with yourself, when someone asks you something and you give a “Umm, let me think about it” kind of reply, more times than not, you already know what your answer is going to be — so why not let you both off of the hook? Give your response. Commit to that. And let everyone (including yourself) get on with their lives and schedules.
I promise you that when it comes to those holiday parties, you are pissing more folks off by not RSVP’ing or doing so and not showing up than just saying, “Thank you but not this year” off the rip.
Remember That Your Personal Space Is Privilege Not a Right
GiphyA friend of mine recently bought a new house and invited me over to come see it. He’s a single man with no children, so as I was taking in all of the space that he had, especially as I walked through his finished basement, I joked about relatives coming to live with him. “Hell no” and “absolutely not” were pretty much his immediate responses as he went on to say that some folks even had the nerve to be offended when he told them that he had no intentions on taking DNA in.
Ain’t it wild how people think that your stuff is their right? And yes, that brings me to my next point. Your home is your sanctuary space. If you want to host folks this year — cool. If not, ALSO COOL. Please don’t let folks (family included) guilt you into how they want you to act or even into what they would do if the shoe was on the other foot. You are not them — and as one of my favorite quotes states, “If two people were exactly alike, one of them would be unnecessary.” (A man by the name Larry Dixon said that.)
Hell, my friends? They know that I am good for sending them random things that they need or even want all throughout the year. Coming over to hang out at my pace, though. Uh-uh. Chalk it up to being a card-carrying member of the ambivert club yet I like keeping my living space personal — and I sleep like a baby, each and every night, for feeling that way.
Always remember that your space, your time, your resources, your energy and shoot, yourself period (including your relationship), are all things that are your own. You get to choose how, when and why you want to share them. The holiday season is certainly no exception.
Cultivate Some “You Two Only” Traditions
GiphyIt’s not uncommon for some couples to hit me up after the holiday season to “detox.” Sometimes it’s due to the financial drama (and sometimes trauma) that they experienced. Sometimes it’s because they allowed their relatives (especially in-laws) to get more into their personal business than they should’ve. More than anything, though, it tends to be because they didn’t get enough quality time together and so ended up feeling “disconnected.”
Please don’t let that happen. Listen, I’m not even a holidays kind of woman and yet, I will absolutely sit myself down with some hot chocolate and chocolate chip cookies to enjoy a Hallmark holiday film or two. Aside from the fact that most of them are lighthearted and sweet, I also like that they usually focus on couples loving on each other amidst all of the holiday beauty and ambiance — which is something that all couples should set aside some time to do.
Maybe it’s a vacation. Maybe it’s a staycation. Or maybe it’s my personal favorite, A SEXCATION. Whether it’s for a few days, the weekend or even overnight — don’t you let the holidays go by without setting aside time for you and your man to celebrate one another. Don’t you dare (check out “Are You Ready To Have Some Very Merry 'Christmas Sex'?”).
GET. SOME. REST.
GiphyI once read that 8 out of 10 people get stressed out over the holidays and 3 out of 10 lose sleep during to it — and when you’re stress-filled and sleep-deprived, that can absolutely lead to hypersensitivity, making mountains out of molehills and even not being in the mood for sex.
Your relationship can’t afford to go through any of this, so definitely make sure to prioritize rest. I don’t care how unrealistic it might seem during this time, sleep should never be seen as a luxury; it will always and forever be a great necessity.
That said, try to get no less than six hours of shut-eye in (check out “6 Fascinating Ways Sex And Sleep Definitely Go Hand In Hand”) and even ask your bae to take a nap with you sometimes (check out “Wanna Have Some Next-Level Sex? Take A Nap, Sis.”). Not only will sleep help to restore your mind, body and spirit but, when it’s with your partner, it’s an act of intimacy that can make you both feel super connected, even in the midst of what might feel like chaos.
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Holiday season stress is real. Still, never give it the permission or power to throw your relationship off. Put you and your man first and let the holidays be what they are gonna be, chile.
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How To Avoid Being An Emotionally Impulsive Spender This Holiday Season
Geeze. Can you believe that we are just a few days out from another Christmas? Yeah, me neither. In fact, because I’m not a holidays person myself (check out “So, What If You Don't Observe Holidays?”), it wasn’t until one of my clients was venting about how stressed out she was due to all of the holiday season procrastinating that she had been doing that I realized just how fast December is actually flying by.
If, like her, you’re feeling frazzled because, although you told yourself last year that you weren’t going to wait until the last minute to “handle your business,” you ended up doing exactly that, fret not. I’ve got 10 tips that can keep you from making emotionally-triggered decisions as far as your financial expenses are concerned. Merry Christmas. #wink
1. Create a Budget. Stick to It.
GiphyBudgets, boy. I recently read that one of the reasons why they don’t work for a lot of people is because many folks don’t have a clue about how much money they spend on a monthly basis to begin with. SMDH. That said, at the end of the day, it’s important to remember that a budget is simply setting boundaries/limits on your spending — and being intentional about moving in this fashion is always a wise move; especially when it comes to this time of the year…especially being that it’s typical for half of all Americans to take on some type of holiday season debt with 17 percent needing six (or more) months to pay it off.
Know what can prevent this kind of financial chaos? A SPENDING BUDGET. Tips for how to create one of your own this year can be found here.
2. Never Shop When You’re Stressed or Pressed
GiphyYou know how they say that it’s not a good idea to go grocery shopping when you’re hungry? Although the holiday season can be a stressful time, avoid shopping for gifts (or décor or food for recipes) when you are feeling stressed out or pressed for time. More times than not, that cultivates anxiety which could cause you to either purchase things that you don’t really want or to spend money that you don’t really have (P.S. If you’re relying on credit cards, that qualifies as money that you don’t really have. Just sayin’).
3. Don’t Keep Up with the Joneses
GiphyKnow something else that can stress you out: trying to keep up with the Joneses. And y’all, now that we have social media, the reality is that envy is at an all-time high. That’s because it can be really easy to watch holiday engagements, holiday trips and folks bragging about the things that they’ve received in times past, only for you to find yourself wishing that you were them — or putting pressure on yourself and those in your world to keep up.
Listen, it is King Solomon who once said, “So are the ways of everyone who is greedy for gain; It takes away the life of its owners” (Proverbs 1:19 — NKJV) and “A sound heart is life to the body, but envy is rottenness to the bones” (Proverbs 14:30 — NKJV) and he’s considered to be the wisest man who ever lived (during his time — I Kings 4:30). Yeah, both of these verses are a spiritual reminder that whatever you are planning to do or give, do it out of the goodness of your heart — not so that you can low-key “outdo” the next guy.
4. No Need to “Tit-for-Tat”
GiphyThis one might be a bit controversial yet I’m totally okay with that. I don’t care what the occasion is, no one is OWED a present. A gift is a voluntary token of one’s appreciation or affection. That said, if you decide to give someone a present this year, don’t automatically expect something in return. If you get something, cool. If not, if you were giving for the right reasons, it really shouldn’t matter (RIGHT?). On the flip side, if someone decides to get you something and you don’t have something to offer in return, also cool.
Other than going to someone’s home for a holiday dinner or party, for anyone to feel like they should have something in hand because someone else does…that’s not giving, that’s competing — and that absolutely should not be the spirit that you are in (or around) during this time of year.
Again, a gift is not an obligatory thing. If you’ve always thought otherwise, it’s time to do some serious reprogramming.
5. Avoid the Pressure to Buy for Lots of Adults
GiphyLast month, Newsweek published an article that said it’s wise to not spend a ton of money purchasing gifts for adults. A financial expert in the piece said that it’s best to buy for kids because, more times than not, you’re going to get adults something that they already have a lot of, they don’t really need or they’re not going to use (beyond maybe regifting) anyway.
If you’re not feeling that insight, my take would be to exchange names and set a price cap for the grown folks. I say that because, I don’t think that people ever outgrow wanting something over Christmas. It’s just that the over-the-top energy should be reserved for the kiddies — and even then, the “4-gift rule” (want, need, read, experience) is probably your best bet for them…financially and otherwise.
6. Go for Thoughtful over Expensive
GiphyIt’s kind of wild how much close-to-torture folks send themselves through to purchase gifts that, a good 6-8 months now, most folks aren’t even going to remember. That’s why it’s also a good idea to purpose in your mind to get something thoughtful over expensive.
Honestly, that’s a big part of the reason why Etsy continues to be a go-to for gifts (for every occasion) for me. It’s because you can oftentimes get things customized/personalized which ends up meaning so much more to people than something that you bought at a generic department store that might have a high price tag yet still lacks in sentimentality and deep meaning.
7. Use Coupons and Promo Codes
GiphyCoupons (and promo codes) are a slippery slope in the sense that…they remind me of when I used to go overboard while thrift store shopping. I say that because, just because I might find several bomb dresses for under $20, what am I going to do with 50 of ‘em (over time)? It’s just as much of a waste of money as buying couture if neither option gets much use.
And that’s kind of the thing about coupons and promo codes. Some people end up overspending because they rationalize that so long as there are discounts attached, it’s all good. At the same time, this doesn’t mean that you should forego coupons and promo codes altogether. The key is to put together your shopping list (and budget) and then use discounts specifically for those items. If you do this, you could save well over $1,000 annually (at least, depending on what you decide to buy).
8. Avoid Add-Ons
GiphyYeah. Dodge add-on expenses. Add-ons like what? The first thing that comes to my mind is a warranty. What’s the chance that someone is actually going to need that? Another example is paying for things to be “professionally” gift wrapped. Chile, throw that stuff in a gift bag with some tissue paper and go on about your day. All good.
9. Rethink Gift Cards
GiphyIf there is any time of the year when there is a noticeable hike in gift card purchases, now would be it. And although they are a convenient approach to gift giving, at the same time, many come with hidden fees, the full amount oftentimes goes unused (which ends up being a waste of money) and they do come with expiration dates that are oftentimes forgotten.
So, if you’re someone who likes to wait until the last minute to do your holiday shopping, resist the urge to impulsively pick up a handful of gift cards. Unless it’s to a place that you know someone is going to use within the next few months, they could end up in somebody’s kitchen drawer for the next couple of years. And what a waste that would be.
10. They’ll Get It When They Do. And That’s Okay.

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GiphyOne more. Although it is super thoughtful and proactive to get people their gifts in time for whatever occasion you purchased them for, if trying to reach that goal is going to require paying for rush shipping that is damn near as high as the price of gift or spending a lot of gas money that you don’t have at the moment to drive miles and miles away — take the pressure off to spend a ton of cash just to make sure that something arrives at December 25. Listen, through doing business with Etsy, I have learned that through this administration, there are all sorts of tariff issues going on and the USPS is slower than ever too, so paying more may not guarantee much.
The hack? Send a message that something special is coming…soon enough. The thought really is what counts (more times than not); plus, it builds anticipation of something good coming, even if it’s after all of the Christmas Day hoopla. And no one (with sense) is going to have a problem with that.
Now don’t you feel better? Happy Holiday Shopping, sis.
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