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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.
Paras Griffin/Contributor/Getty Images
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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How This New Bond Repair Line Transformed One Mother's Postpartum Shedding Into The Ultimate Curl Comeback
This article is in partnership with SheaMoisture
For Crystal Obasanya, her wash day woes came shortly after her son did. The beauty and lifestyle content creator had been natural for years, but during postpartum, she quickly learned about one reality many mothers can relate to experiencing: postpartum hair loss. “Sis had thinning hair. Sis had split ends,” she shared about her hair changes in a Reel via xoNecole.
Over a year into her postpartum journey, Crystal explained she also had dry, brittle hair, noting that keeping it hydrated before pregnancy had already been “a task.” The 4C natural recalled going from thick hair during pregnancy to a thin hairline due to postpartum shedding as “devastating.” When it came to strengthening and revitalizing her hair, the new SheaMoisture Bond Repair Collection was just the thing she needed to elevate her damaged coils to revive and thrive status and get them poppin' again.
SheaMoisture is providing us with the cheat code for transforming dry and damaged strands into thriving and deeply nourished crowns. By unveiling their 4-step hair system, the SheaMoisture Bond Repair Collection is equipping you with the tools to reverse signs of hair damage caused by protective styling, heat, and color and is uniquely formulated for Type 3 and 4 hair textures.
The haircare system revives damaged natural hair by repairing and rebuilding broken hair bonds through a game-changing combination of HydroPlex Technology and AminoBlend Complex, a unique blend of fortifying amino acids formulated specifically for curly and coily hair. Scientifically proven to reduce breakage by 84% and make your hair six times stronger (vs. non-conditioning shampoo), the collection infuses your hair with the nourishment it craves and the strength it deserves.
All five products of the SheaMoisture Bond Collection are infused with natural strengthening ingredients like Amla Oil and fair-trade shea butter. The collection consists of the 4-step breakage-fighting Bond Repair system, as well as the Bonding Oil.
“When trying it out, I quickly noticed that my hair felt revived and renewed, and my curls were so hydrated,” Crystal said while using the Amla-infused Bond Repair Leave-In Conditioner. “I also felt my hair strands were stronger.” So much so that the influencer felt brave enough to get her hair braided shortly thereafter. “I can definitely say that I will be keeping it in my hair wash routine,” she added in the caption of her Reel about her positive experience using the products.
SheaMoisture Bond Repair Collection is making bond-building a key player in your wash day routines and the purveyor of life for thirsty manes. Because who doesn't want stronger, shinier, happier hair?
Step One: Bond Repair Collection Shampoo
Rejuvenate your hair with SheaMoisture Bond Repair Shampoo, your go-to solution for luscious locks. Packed with hella hydration power, this shampoo adds moisture by 60% while removing buildup without stripping your strands. This shampoo gently cleanses impurities while significantly enhancing shine, smoothness, and softness.
The Bond Repair Collection Shampoo is the first step in the 4-step Bond Repair system, all of which are powered by the uniquely formulated AminoBlend, and HydroPlex, SheaMoisture’s technology that rebuilds hair strength at its core.
Step Two: Bond Repair Collection Conditioner
Tailored to repair styling damage, this creamy conditioner locks in 12x more moisture than standard non-conditioning shampoos, boosting damaged hair strength by 1.5x with significantly less breakage. The creamy SheaMoisture Bond Repair Collection Conditioner deeply hydrates, enhances manageability, and leaves your hair looking healthier and shinier.
Step Three: Bond Repair Collection Masque
This Ultra Moisturizing reparative masque is a moisture-rich game-changer for those dealing with the aftermath of hair damage caused by styling. The SheaMoisture Bond Repair Collection Masque delivers 13 times more moisture compared to non-conditioning shampoos, ensuring your hair feels nourished and soft. Designed to repair and rejuvenate, this masque significantly strengthens damaged hair — making it twice as strong while reducing breakage.
Step Four: Bond Repair Collection Leave-In Conditioner
Elevate your curl game with SheaMoisture’s Bond Repair Collection Leave-In Conditioner. Lightweight and hydrating, the Bond Repair Leave-In Conditioner provides 12x more moisture than non-conditioning shampoos and tames frizz with 24-hour humidity control. Designed to define curls and coils, the leave-in conditioner enhances softness and shine allowing you to detangle effortlessly.
Bonding Oil
The SheaMoisture Bond Repair Collection Bonding Oil is a multitasking all-in-one formula that acts as a heat protectant and provides the hair with moisture, strength, shine, damage protection, and intense nourishment. This lightweight oil not only offers 24-hour frizz and humidity control but also fortifies your tresses, making them up to 5 times stronger with significantly less breakage.
Featured image courtesy
It’s funny how a breakup can be the best or worst thing that’s ever happened to you. It has the power to completely change your life, whether it knocks you down or empowers you to evolve. Either way, whatever happens next is up to you. That can feel like a lot of pressure when you don’t even want to get out of bed. But sometimes, all it takes is a moment of encouragement, inspiration, and motivation that you’re not crazy for wanting to send that drunk text or stalk your ex on social media.
But in those heartbreaking moments, you can tap into your inner resilience and strength, knowing that there’s a reason the relationship came to an end. Whatever that is, please trust that whatever is meant for you will be so much better, including the you that comes out on the other side.
This is the perfect time to heal, rediscover you, and open yourself up to love again. Here are 12 books to help you do that and more.
Power Moves: Ignite Your Confidence and Become a Force
Whether you were the initiator or the receiver of a breakup, the end of a relationship can be traumatic. But it can also help you find the confidence you might have lost in the aftermath. Sarah Jakes Roberts’ Power Moves: Ignite Your Confidence and Become a Force reminds you that your true self is worth loving and pulls you out of the status quo that you might have fallen into in your relationship. It lets you know that it’s more than okay to clap for yourself and the growth you’ve accomplished while unleashing your boldness. Tap in!
Win Your Breakup: How to Be The One That Got Away
Amazon
Nobody wins when the relationship ends. But if we’re honest, many of us want the other person to at least regret the parting of ways. Like, did we matter at all? Natasha Adamo’s Win Your Breakup: How to Be The One That Got Away talks us off the ledge of trying to prove that we have the upper hand (and quoting Beyoncè’s “She ain’t no divaaa” under anyone’s post that your ex appears to be moving on with).
Instead, Adamo motivates us to focus on our own journey after the breakup because it will be tough enough without being preoccupied with what our exes are doing. You have a whole life after this, and your best days are ahead of you, not behind. You truly win when you decide to walk away from whatever negativity came with the breakup and focus on you. ‘Cause we’re not looking back, sis.
Emotional Self-Care for Black Women
Amazon
One of the best things you can do in this moment is be selfish and think about you. If self-care is a priority in your healing journey, think about diving intoEmotional Self-Care for Black Womenby Alicia Magoro. It takes you through the process of improving your self-esteem, getting rid of negative thoughts, and truly healing from past traumas, each of which is crucial after a breakup. No matter how crazy life is as you try to put the pieces back together, taking moments to truly uncover the reality of your feelings and emotions is essential to your healing.
Break Up With What Broke You
Amazon
I feel like a key step in getting through a heartbreak is cookie dough ice cream, any Shonda Rhimes show, and a box of tissues. But unfortunately *sigh* that can’t last forever. When it’s time to push through, Break Up With What Broke You by Christian Bevere is waiting for you. When you’re ready to overcome the comfort of who you’ve always been, this book helps you evolve into who you’ve been meant to be all along. If you need a book that provides steps with compassion and grace instead of a no-nonsense approach, this is for you (cause who’s trying to get their feelings hurt?)
How To Get Over A Boy
Amazon
‘Cause that’s all we’re trying to do, right? I love the theory of How To Get Over A Boy by Chidera Eggerue because it reminds us that men, or any partner we have, do not belong on a pedestal. As amazing as they may be, you’re just as dope! Eggerue isn’t having you tap into your inner fineness to help you find a man or get a text back with outdated tactics. No, sis. This book is all about reminding you that you are the true prize, and there’s nothing wrong with carrying yourself as such. Yes, wanting to be in a relationship again is natural and inevitable. But for now, it’s also okay to find satisfaction with yourself.
Didn’t See That Coming: Putting Life Back Together When Your World Falls Apart
Amazon
All of the signs may have been there, but a breakup can still be shocking. We’ve tried to see the best in our now-ex, and it may have left us holding the bag. Any breakup can be devastating, but if you’re trying to get through a traumatic one, add Didn’t See That Coming by Rachel Hollis to your list. The title alone is funny because it’s ironic and true. And in all seriousness, it pulls you out of being stuck in your pain and trauma and encourages you to be a better you when all is said and done. Your breakup doesn’t have to be detrimental to your life. It can be a turning point to help you transition into the woman you never thought you could.
I Almost Forgot About You
Amazon
Isn’t it crazy how after a breakup, almost everything reminds you of that person? From a song that’s shuffled into your playlist and inside jokes to a hilarious viral video on social media, it feels like you can’t escape. Thankfully, our good sis Terry McMillan did her good work with her novel I Almost Forgot About You. No, it’s not a non-fiction book that gives you ways to get through your heartbreak, but it tells the story of a woman named Dr. Georgia Young, who’s going through a transformation of her own to find her inner shero after quitting her job and relocating. The relatable ups and downs she experiences as she bravely takes on unexpected risks can inspire and let you escape for a while.
Sis, Don’t Settle: How to Stay Smart in Matters of the Heart
Amazon
Following our hearts is all fun and games until it leaves us in an agonizing situation. Sis, Don’t Settle by Faith Jenkins gives us a much-needed reminder not to give in to the desire to be in a relationship just to avoid being alone. Whether your ex checked every box on your list or you compromised because you saw potential in what it could be (we’ve all been there, love), let’s decide to not let our hearts or emotions cause us to settle for less. I love this book because it drops the fluff and gives relatable ways to be smart about love, have healthy and loving relationships, and not rush the process.
The Art of Letting Go
Amazon
I read a meme that said, “If overthinking was a sport, I’d be an Olympic gold medalist.” And I felt seen. After a breakup, it’s so easy to replay those final moments in your head over and over again, especially if you were blindsided. The Art of Letting Go: Stop Overthinking, Stop Negative Spirals, and Find Emotional Freedom (The Path to Calm) by Nick Trenton walks you through doing exactly that.
No matter what happened, the brutal reality is we can’t do anything to change it, and mentally running it on a loop does more harm than good, sis. This book lets your mind be a safe place full of peace and tranquility instead of a battle zone. It inspires you to embrace the present without yearning for the past or being afraid of the future.
The Breakup Bible: The Smart Woman's Guide to Healing from a Breakup or Divorce
Amazon
Like many books on this list, The Breakup Bible: The Smart Woman's Guide to Healing from a Breakup or Divorce empowers you to channel your inner power, rediscover your worth, and flourish like you’ve always wanted. If you’re like me, you might not know where to start after a major (and possibly unexpected) life transition. How do you even begin to move on without sitting in the aftermath for too long?
This book, penned by Rachen A. Sussman, serves as a guide for you to truly heal from the devastation one step at a time. Because it’s okay to take things slow. It features three phases of recovery — healing, understanding, and transformation — providing a clear road map to not just surviving a breakup, but coming out whole on the other side.
I love this version of myself that you brought out: a memoir of a broken heart
Amazon
Can we just take a second to salute the power of a breakup? Whether it sparks your international solo eat, pray, love journey or makes you truly consider what you want in life for you, as horrible as it can be, good things can come out of the parting of ways. I love this version of myself that you brought outby Jaymen Chang gets real about the good, bad, and the ugly, from wishing you could unsend that vulnerable text message, to waking up one day feeling different and ready to move on. Pick this one up when you’re ready to cry it out, process, and enter your season of becoming.
When You’re Ready, This Is How You Heal
Amazon
When the dust settles, how are you for real? You may be excited about the idea of using your breakup as an excuse to glow up, or you may be heartbroken and just aren’t in the space to think beyond turning on Mary J. Blige and drinking wine in a bathrobe. And that’s okay. When You’re Ready, This Is How You Heal by Brianna Wiest encourages you to embrace the true work of your healing journey. It can be soul-crushing, yet rewarding. With dozens of essays geared toward your process, this book realizes that it doesn’t take one day or one thing to heal.
It’s an ongoing life moment as you recover from the person (or people) who just wasn’t the best for you. As you find yourself again and welcome the things and people who truly love you, you’ll flourish even through the pain.
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