Yesterday we introduced you to Shinta Dhanuwardoyo, co-founder of VCNetwork and Bubu. Today, you will meet an equally successful StilettoGal, Jenny Q Ta. Jenny Q. Ta is the co-founder of VCNetwork and the founder of Sqeeqee, a leading social commerce network platform for digital marketing. It provides centralized social commerce platform with live streaming. She, alongside Shinta are revolutionizing women in technology and funding.
StilettoGal: What or who inspired you to start your company?
Jenny Ta: I’ve started a number of successful companies by being inspired by a number of amazing people who have crossed my path either successfully or being stuck in a certain unresolved problem. I launch companies based upon such problems with a goal to find the solution. Specifically with VCNetwork, I was inspired by the very problems that I have personally witnessed with many startups and entrepreneurs within the Venture Capital world. One of those major problems is that more and more entrepreneurs find it difficult to be connected with the right Venture Capitalist on a global scale. In today’s world, entrepreneurs and startups need to look beyond staying local in order to be competitive. I believe if startups don’t think about going global from the get-go, then it will be a major disadvantage. My vision would not have been fulfilled if I did not meet my now partner and co-founder, Shinta Dhanuwardoyo. Shinta is not only a successful entrepreneur and a technology trailblazer, but she is a true leader and she ultimately put the final pieces together for VCNetwork.
SG: How has the transition been from VC to startup entrepreneur?
JT: I believe the two are interchangeable, meaning most successful entrepreneurs ultimately become Venture Capitalists, and most Venture Capitalists continue to innovate and become founders of their own startups. So, the transition in essence is minimal.
SG: What are 2-3 life lessons that you have learned that have helped you in business?
JT: Always, always trust your gut instincts when comes to making all kinds of decisions. I don't believe in a 100% perfection of anything, because without failures, one wouldn’t know what true perfection is…although having that gut feeling can get you pretty close to making that perfect decision! In addition to that, other life lessons when running a business are to manage money very well, and choose your partners wisely. These two key areas can either make or break a company. When it comes to a partnership, trust is always key; without trust, one has nothing.
SG: What are some of the major challenges that you experienced and how did you overcome them?
JT: Everything in life, from your personal relationships to business ventures and entrepreneurships will have challenges. I was and have always been a trailblazer in male-dominated industries such as Wall Street, technology and now Venture Capital aiming to set a path in making a difference. While such challenges may discourage other women entrepreneurs from diving into these very sectors, I strive to take these challenges head-on. While challenges are inevitable, what I believe is most important for entrepreneurs to overcome these challenges is to never stop. I believe when one stops, one loses because then it’s game over. You do what needs to be done to cut losses or whatever challenges that are holding you back, but keep on moving forward. It doesn't matter if those challenges are financial, personal relationships, professional partnerships, etc. Cut whatever it is out and immediately learn from it. Pick yourself up and move forward much stronger and better than you ever were before.
SG: How do you define success?
JT: Personally, I believe success isn't just about wealth, power or what one achieves in life, but it is about what one leaves behind to inspire others to reach for his or her own dreams.
SG: What do you want your legacy to be?
JT: I believe what I have already contributed to society through my work and those I have helped and inspired over the last 20+ years have been my personal legacy. However, my ultimate legacy that I would hope and wish to leave behind is still undone, as I’m still working at it. It is a dream and a goal of mine to shift and change a country's vision and encourage action, especially in developing and emerging countries. This includes urging them to aggressively invest and expand its citizen’s knowledge and expertise when comes to technology and financial advancements globally.
SG: What kind of shoe are you and why?
JT: I’m known to run fast and make quick decisions of all kinds in life because I have always believed that life is so short that if I don’t run to get there first, someone else will! While I would look stunning in Stuart Weitzman “Cinderella Slippers,” I for sure wouldn’t be able to run fast with them.J So, as a modern-day CEO in a fast-paced world, who runs with the boys in competitive male-dominated industries, I would probably stick to the Christian Louboutin ankle boots. They are not only sturdy, but also hard enough to kick a few butts whenever needed!! J