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Million Dollar Women Fund

Help us provide scholarships to women of color entrepreneurs to access coaching, mentorship, capital and business training.

$37,816
pledged of$120,000 goal
89
100Days Left
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Campaign Ends on December 31, 2020

Project Description

Now, more than ever, is the time to support WOC entrepreneurs.

COVID-19 has affected Black Americans disproportionally and that includes Black-owned businesses. More than 40% of Black-owned businesses were shut down because of the pandemic and many are expected not to re-open according to a recent CBS news story. Black women and Women of Color (WOC) entrepreneurs are hurting, and yet they are critical engines of business growth in this country. Investing in them is investing in both our collective recovery and a more equitable future with diverse leaders. 

When you help a business owner grow her business, the effects are wide-reaching: you help her family, her team and their families, and all the girls and women who look up to her in her community.

At Million Dollar Women, we believe everyone should have the opportunity to create a profitable, scalable business, and we know that depending on your gender, race, age, sexual preference or where you live, you might experience higher rates of discrimination, sexism and racism. We want to counterbalance those obstacles. We created the Million Dollar Women Fund to provide scholarships for WOC entrepreneurs specifically who face substantial, systemic obstacles in growing their businesses. Women of color run businesses were making an average of $25,000 - $50,000 per year before COVID-19 and those numbers are expected to plummet if they don't get access to business training and loans. Add to that the fact that PPP loans were distributed in a way that did not reach many Black business owners.                                                                                                           

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Grads of our program and attendees at The Million Dollar Women Summit in NYC, 2019

 

OUR MISSION 

At Million Dollar Women, we are committed to dismantling systemic racism, and we are challenging ourselves to step up even more during this time, will you step up with us? 

More and more women are STARTING businesses, but very few are "going big." Studies show that 90% of women who run businesses in the U.S. are generating under $100,000 in revenues per year and have no employees. This means that many women have created jobs for themselves, but they have no benefits, no vacations, and no job security. We want to help women learn the business skills and get the coaching they need so their business can make more money, employ more people, and they can become leaders for other women and girls to follow. They also will hire more people, generate revenues that add $1.7T to the GDP and will then join boards and invest in other women entrepreneurs, creating a kind of "multiplier effect."

There are three main obstacles to women of color who want to grow their businesses:

  • Lack of role models
  • Less access to capital
  • Little or no business training

At Million Dollar Women, we are unique in that we address all three of these obstacles via our Million Dollar Women Masterclass, a four month online coaching program. Just awarding funding or giving grants is not enough, and sometimes it can be just a bandaid if the business owner doesn't get the right business training or have the right network of support. We help women expand their businesses by providing business training, access to capital, a supportive community and role models in the form of mentorship by experienced entrepreneurs. 

The Million Dollar Women Fund allows us to provide scholarships to WOC business owners across the U.S. Can you help us make it possible for a woman business owner to get the equivalent of an executive MBA, so she can then get to $200k, $500k and one day, $1,000,000 in revenues? Every dollar goes to helping a small business owner regain her footing and not just survive, but thrive, even in these challenging times. 

 

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MEET THE WOMEN WHO ARE GOING BIG 

The women in our program are running companies they founded in health care, education, technology, products and services. Most of them did not go to business school and do not have a finance background. They are often in parts of the country where there is not a lot of support for entrepreneurs (such as North Carolina, South Dakota, Washington state, rural Texas). Entrepreneurs come to Million Dollar Women to fill in their business gaps and take their companies big. Each MDW Fund scholarship recipient is currently making less than $50,000 per year, yet they each have the potential to make $250,000, $500,000 and $1,000,000 in revenues with the right support and business coaching.

Meet Lisette Lavergne who runs a fast-growing and innovative immigration law firm in Los Angeles!

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HOW THE PROGRAM WORKS

Ambitious WOC entrepreneurs apply to the program. If they qualify, they receive:

  • Step-by-step business training via four-month online program 
  • Support from our dedicated MDW Fund Program Coordinator
  • Live Q&As with scaling coach Julia Pimsleur and guest entrepreneurs 
  • Increased sales via more effective marketing, outsourcing, and planning
  • Greater confidence about going big, with other high-growth women entrepreneurs
  • Access to cash grants for digital marketing services and/or hiring a virtual assistant
  • Mentorship from successful founders who have been there, done that

WHAT YOU CAN DO

  • Contribute. Any amount helps, and the majority of our donations are small dollar amounts. Your money goes directly to three things: scholarships, cash grants, and our dedicated Program Coordinator. When you donate, you are not only supporting the recipients of our scholarship program, you are also supporting the idea that everyone should be able to access mentorship and businesses training, regardless of the obstacles people so often face due to race, financial situation, gender, age and sexual orientation.

  • Volunteer as a mentor. If you have built a company making over $5M and want to mentor women in our community, please contact us and we will set up a call to learn more about you and your business. 
  • Spread the word. Help us by sharing this campaign on social media or forwarding to a friend. 

Contributing to the Fund helps to close the economic gender gap. Become a part of our international community of change-makers!

All women deserve access to the skills that will help them change their business from one that is just getting by to one that provides for their families, creates jobs, and paves the way for future women entrepreneurs.

Thank you for reading and watching!  

Stay healthy and brave,

Julia Pimsleur

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MEET THE BOARD

 

About Julia Pimsleur

Julia Pimsleur is Founder & Chief Empowerista of Million Dollar Women. Julia’s passion for working with women entrepreneurs grew out of her experiences as the founder and CEO of a children's educational media company, Little Pim. Julia has raised more than $26M in angel, venture and philanthropic dollars and speaks regularly about entrepreneurship, women in business and mindset. Julia is the author of the best-selling book, Million Dollar Women: The Essential Guide for Female Entrepreneurs Who Want to Go Big, and host of the Million Dollar Mind podcast. Julia is based in New York City and recently launched The Million Dollar Women Fund to support women entrepreneurs of color along side board members Stephanie Cartin, Erin Coles, Denise Harris and Jessica Robinson.

The Campaign FAQs

All donations will be used for scholarships for women of color entrepreneurs.

If you have questions, please contact maddy@juliapim.com

Dena
09/17/2020
Million Dollar Women (Digital)
$30
Jessica Robinson
09/16/2020
Monetary Contribution
$25
09/08/2020
VIP MDW Summit Ticket 2021 & Coaching
$5,000
Yanique O. Moore
09/06/2020
Monetary Contribution
$30
Steffi Baker
08/21/2020
Million Dollar Women Summit 2021
$500
zach
08/21/2020
New Mindset Book & Workshop with Julia
$100
08/13/2020
Million Dollar Women (Digital)
$30
joanne
08/10/2020
VIP ticket to MDW Summit Party 2021
$1,000
08/07/2020
New Mindset Book & Workshop with Julia
$100
Kelly Burgess
08/01/2020
Exclusive MDW Wine Tumbler
$50
Monetary Contribution

This is the one to choose to donate $10 - 29.99. Every dollar makes a difference! Thank you!

32 Supporters
Select this reward
30.00 USD
Million Dollar Women (Digital)

Get a pdf of the book Million Dollar Women sent right to your inbox, social media shout out/thank you, and huge appreciation! If you already have Million Dollar Women, let us know and be put on the list to receive a free advance copy of Julia's new book on mindset for achievers, coming out in spring 2021.

You can ignore the "tip" area below, that money does not in any way go to us  :) 

45 Left
15 Supporters
Select this reward
50.00 USD
Exclusive MDW Wine Tumbler

Get an exclusive Million Dollar Women Virtual Summit Wine Tumbler (also great for coffee or cold drinks)! ONLY 20 AVAILABLE. Each tumbler includes a beautifully-designed artistic image of an important woman in history: Ruth Bader Ginsburg, Serena Williams, or Frida Kahlo.  

Value of tumbler is $18

You can ignore the "tip" area below, that money does not in any way go to us. :)

 

You can ignore the "tip" area below, that money does not in any way go to us  :) 

10 Left
10 Supporters
Select this reward
250.00 USD
Million Dollar Women T-Shirt

A t-shirt made to order with #gobignow embossed on it! 

 

You can ignore the "tip" area below, that money does not in any way go to us  :) 

44 Left
6 Supporters
Select this reward
500.00 USD
Million Dollar Women Summit 2021

Join us at our annual Million Dollar Women Summit in 2021, and meet the women who received the scholarships your donation made possible!

 

You can ignore the "tip" area below, that money does not in any way go to us  :) 

34 Left
6 Supporters
Select this reward
1,000.00 USD
VIP ticket to MDW Summit Party 2021

Join us as our VIP Special Guest at the Opening Night Party for the Million Dollar Women Summit in NYC in 2021 and enjoy a private drink with the women who received the scholarships.  

 

You can ignore the "tip" area below, that money does not in any way go to us  :) 

 

7 Left
3 Supporters
Select this reward
5,000.00 USD
VIP MDW Summit Ticket 2021 & Coaching

Join us as our VIP Special Guest at the OPENING NIGHT PARTY and MAIN DAY of the Million Dollar Women Summit in 2021 in NYC. At the Party and Summit you will be mentioned by name as one of our MDW Fund supporters and enjoy a private reception with the women who received the scholarships.

 

Plus, enjoy a 1:1 coaching session with Julia Pimsleur (value: $950) via Zoom or in person which you can use for business or personal advancement.

 

You can ignore the "tip" area below, that money does not in any way go to us  :) 

2 Left
3 Supporters
Select this reward

Rewards

Monetary Contribution

This is the one to choose to donate $10 - 29.99. Every dollar makes a difference! Thank you!

32 Supporters
Select this reward
30.00 USD
Million Dollar Women (Digital)

Get a pdf of the book Million Dollar Women sent right to your inbox, social media shout out/thank you, and huge appreciation! If you already have Million Dollar Women, let us know and be put on the list to receive a free advance copy of Julia's new book on mindset for achievers, coming out in spring 2021.

You can ignore the "tip" area below, that money does not in any way go to us  :) 

45 Left
15 Supporters
Select this reward
50.00 USD
Exclusive MDW Wine Tumbler

Get an exclusive Million Dollar Women Virtual Summit Wine Tumbler (also great for coffee or cold drinks)! ONLY 20 AVAILABLE. Each tumbler includes a beautifully-designed artistic image of an important woman in history: Ruth Bader Ginsburg, Serena Williams, or Frida Kahlo.  

Value of tumbler is $18

You can ignore the "tip" area below, that money does not in any way go to us. :)

 

You can ignore the "tip" area below, that money does not in any way go to us  :) 

10 Left
10 Supporters
Select this reward
250.00 USD
Million Dollar Women T-Shirt

A t-shirt made to order with #gobignow embossed on it! 

 

You can ignore the "tip" area below, that money does not in any way go to us  :) 

44 Left
6 Supporters
Select this reward
500.00 USD
Million Dollar Women Summit 2021

Join us at our annual Million Dollar Women Summit in 2021, and meet the women who received the scholarships your donation made possible!

 

You can ignore the "tip" area below, that money does not in any way go to us  :) 

34 Left
6 Supporters
Select this reward
1,000.00 USD
VIP ticket to MDW Summit Party 2021

Join us as our VIP Special Guest at the Opening Night Party for the Million Dollar Women Summit in NYC in 2021 and enjoy a private drink with the women who received the scholarships.  

 

You can ignore the "tip" area below, that money does not in any way go to us  :) 

 

7 Left
3 Supporters
Select this reward
5,000.00 USD
VIP MDW Summit Ticket 2021 & Coaching

Join us as our VIP Special Guest at the OPENING NIGHT PARTY and MAIN DAY of the Million Dollar Women Summit in 2021 in NYC. At the Party and Summit you will be mentioned by name as one of our MDW Fund supporters and enjoy a private reception with the women who received the scholarships.

 

Plus, enjoy a 1:1 coaching session with Julia Pimsleur (value: $950) via Zoom or in person which you can use for business or personal advancement.

 

You can ignore the "tip" area below, that money does not in any way go to us  :) 

2 Left
3 Supporters
Select this reward