How One Entrepreneur Turned Her Tax Refund Into A Side Hustle | Under Fire, WeWoreWhat Founder Danielle Bernstein Speaks Out | And More

Over the past year, we’ve witnessed a rise in anti-Asian rhetoric, discrimination, and hate crimes. We’ve seen the reports on the 3,800 cases of name-calling, harassment and assault against the Asian-American and Pacific Islander communities. And yesterday, we awoke to the horrific news that a white man killed eight people, six of whom were Asian women, in a mass shooting that was gender- and racially-motivated

Prominent Asian-American business leaders, celebrities and activists have been raising their voices on anti-Asian sentiment for months—
among which are these 12 founders in the beauty space, an industry that has long benefited from Asian beauty methods and consumer interest without fostering an inclusive or equitable environment.  

“Growing up as an Asian American in California, the lack of Asian representation in the media led me to believe my physical appearance would never be seen as beautiful,”
says Charlotte Cho, cofounder of Soko Glam and founder of Then I Met You. Cho sees many ways for her industry—and all industries—to help in this moment: “Create a culture where hate against Asian Americans is nonexistent and AAPI representation is plentiful,” she says, adding that everyone should give “credit where credit is due, by acknowledging the impact of Asian-inspired trends, whenever they are taking inspiration from it.” 

Cho is right. But it shouldn’t fall only on the shoulders of the AAPI community to call out and work against anti-Asian hate; it’s on all of us. You can get involved by taking a bystander intervention training, educating yourself, or donating time or money to a cause that supports Asian Americans.
A good list of resources is here.

Take care of yourselves,
Maggie

Maggie McGrath

Maggie McGrath

Editor, ForbesWomen

 
Exclusive Story: How Transact Global Helps Emerging Female Venture Capitalists Land LP Commitments
 
 
 
Exclusive Story: How Transact Global Helps Emerging Female Venture Capitalists Land LP Commitments

A previously stealth network of more than 150 women across 12 countries and 10 different time zones, all looking to raise emerging venture funds, is ready to expand. “It was created in terms of absolute necessity and grew because of absolute product fit,” says cofounder Soraya Darabi. “There wasn’t a playbook in 2018 for first-time fund managers trying to navigate LP groups.”

Read More →
 

ICYMI: Stories From The Week

From Beyonce’s historic night at the Grammys Sunday (she became the most decorated female artist ever) to Nomadland director Chloe Zhao’s history-making Oscar nominations Monday morning, this week began on a good note for women in entertainment.

Economist
Cecilia Rouse was sworn in as the chair of the White House Council of Economic Advisers, becoming the first Black person to hold the role

Marie Langer took charge of her billionaire family’s 3-D printing firm months before Covid-19 struck. She recently opened up to Forbes about navigating the downturn (“After half a year, I learned what ‘crisis management’ means,” she said) and what comes next.

WeWoreWhat founder Danielle Bernstein has been embroiled in allegations surrounding the origin of some of her designs. Bernstein admitted to Forbes that her sponsorship deals have dried up in the wake of the allegations. But she says okay with that—and claims that some of her most profitable days ever occurred after the controversy began.

Goldman Sachs said it will commit $10 billion in direct capital investment and $100 million in philanthropic giving to address the disproportionate racial and gender biases facing Black women. Here are some of the female entrepreneurs who stand to benefit from the program.

March has been a strong month for female CIOs: On March 1,
IBM announced that Kathryn Guarini would become its new CIO, and Macy’s named Laura Miller as its new technology leader. Last week, President Joe Biden appointed Clare Martorana as federal CIO--but for all these appointments, women are still underrepresented in the role.

Check List

#1: Foster a culture of autonomy. If late-stage pandemic stress is affecting your team’s mental health, make sure each person you oversee feels ownership of their work. Having a sense of control can help combat feelings of burnout.

#2: Do your research. Shereen Campbell took a $3,400 tax refund and turned it into a successful side-hustle generating $12,000 per month. Her journey started with some serious research and budgeting.

#3: Jettison the notion that networking is shallow. Networking (and especially networking during Covid) can feel transactional, but there are ways to foster authentic connections that lead to lasting professional relationships and help your career.

Across Forbes

 
Equal Pay Day & Equity At Work
 
 
 

ForbesLive

Equal Pay Day & Equity At Work

The fight for equal pay extends far beyond a paycheck and represents the broader set of issues that perpetuate pervasive gender inequities. Join Forbes and EY for a solutions-focused virtual gathering on Tuesday, March 23 at 11 a.m. ET where you will hear from leading voices at the forefront of today’s most dynamic businesses as they share critical insights and provide active solutions for equity.

Register For Free →
 
2021 Forbes Next 1000: Timeless Strategies to Evolve Amidst An Ever-Shifting Market
 
 
 

ForbesLive

2021 Forbes Next 1000: Timeless Strategies to Evolve Amidst An Ever-Shifting Market

Our Forbes Next 1000 List spotlights bold entrepreneurs on their way to success. As we continue to highlight these incredible leaders and their journey, we invite you to join Forbes and Square for a virtual gathering, Forbes Next 1000: Timeless Strategies to Evolve Amidst An Ever-Shifting Market, taking place on Wednesday, March 31 at 2 p.m. ET | 11 a.m. PT. Gain insights from an incredible group of resilient entrepreneurs and 2021 Forbes Next 1000 Listers as we explore the importance of having a multi-prong selling approach and bold new marketing strategies that drive engagement.

Register To Attend →
Photo Description Unknown
 
 
Forbes Advisor | Smart Financial Decisions Made Simple
A Brief History Of Women And Investing In America

The world of investing has long been an old boys’ club. But just because women have been largely excluded from the investing profession and financial industry didn’t mean they were not investing. Here we take a look at the women who have been part of the investment landscape in America from the very beginning.

Read the Full Story →
 
 


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