Melinda French goals may be one of the richest women in the world, with an estimated 30.8 billion US dollars Net Worth, but you won’t see your writing tests for your daughter’s new startup.
“I have a daughter that has just founded a company this year,” said the billionaire Philanthrop and ex-wife of Bill Gates, who recently explained in the power of the women’s sports summit by eleven beauty. “It was capitalized, not because of my contacts, not me. I would not put any money in.”
Your argument? If this is a “real business”, she said, others have to be ready to support it. And what is more important, your daughter should learn how to control the sting of the rejection if she does not receive this financing. “I told her that,” added French goals. “It grows from it.”
It is an attitude that reflects you and Bill Gates’ long -standing approach to prosperity. The co -founder of Microsoft previously revealed that her children would inherit. “Less than 1%His assets when he finally looks – in the world they make their way around the world.
And while the 60-year-old mother did not reveal which daughter she referred to, her latest phoeb recently launched a fashion tech startup, Phia, with her Stanford miters Sophia Kianni.
The platform compares the clothing prices over 40,000 websites to help users find the best offers-and in April the 22-year-old.Nepo baby“Unlocked that her parents did not let her get out of the prestigious university to start a startup, as her father did.
The importance of failure of founders
For French goals, your daughter is not just about difficult love or self-sufficiency-it is about helping her to develop Grit, and the ability to survive the rejection in an unequal system.
Finally the Philanthrop said that it is the only thread that connects the successful women who appear on it YouTube Series, Moments that make us.
“I saw that this has changed everyone through a little difficult change and that they had to learn to find resilience somewhere,” she said. “And to find this resistance, they found themselves.”
Even today, French goals -which has spent over two decades to stand up to strengthen women -female founders have to develop sharper elbows than their male colleagues if they want to survive the startup world.
“It is very, very difficult to finance your business when you are a woman,” she said. “And so you have to learn a bit of how you have the courage to play the game and stay with it.”
The tennis legend Billie Jean King, who was on stage next to her, agreed and praised the growth that comes from setbacks.
“At her point, as if her daughter found out how to start this first business – that’s astonishing.” I don’t think it will ever fail, it will receive feedback from every situation. ”
In fact, King says that she has banned the word failure as a whole from her lingo – and discourages those who work around them also discourage it from using it. “When people think about failure, it’s a very negative feeling,” she said exclusively Assets. “Turn it over by asking yourself, what is the feedback that I can get from it?”
With just 2.3% of the global risk capital If you go to female -founded teams last year, you are not wrong: the few founders who finally break through will have transformed a failure into fuel.
