Start-up to Scale-up with Channel 4 Ventures: Gender Equality + The Power of Resilience with Sam White
In this episode, I interviewed the brilliant Sam White, founder and CEO of Stella Insurance. We discussed Sam's journey into creating a female-centric motor insurance business, her challenges as a woman in a male-dominated industry, the difficulties in raising investment, and her unique approach to resilient entrepreneurship. Sam shares her experiences of starting her first company at 24, her struggles with financial institutions, and the innovative solutions she employed, including a media for equity deal. We also talk about gender disparity in business funding and highlight the importance of supporting diverse entrepreneurs. KEY TAKEAWAYS COVERED IN THE PODCAST If you enjoyed this episode then please feel free to go and share it on your social media or head over to Apple podcasts or Spotify and give me a review, I would be so very grateful. LINKS TO RESOURCES MENTIONED IN TODAY’S EPISODE Connect with Sam White on Instagram, Linkedin Connect with Teresa on Website, The Club, Sign up to Teresa's email list, Instagram, LinkedIn, Facebook or Twitter Transcript Teresa:Hello and welcome back to the Dream Business Podcast. This is episode 378, but it is number two in this special series that I'm doing with Channel 4 Ventures. [00:01:00] The first episode, which I aired yesterday was with Nikki Wicks, who is the brother CEO and creative director of Joe Wicks The Body Coach. And I loved that conversation, so I would love to hear what you thought of it. Today, I am interviewing Sam White, who is the founder and CEO of Stella Insurance, a female centric motor insurance business that's unapologetically led by women and designed for women. Now, this conversation was really, really good. I was super inspired by Sam. We had conversations around the fact of Why would you even get into insurance in the first place? I'm laughing saying it, but like of all the businesses that people set up, surely insurance does not seem like the easiest thing. And it doesn't seem like the most simple, it's a really heavily regulated industry. What makes someone starting a [00:02:00] business want to go into it? We talk about the fact that She was 24 when she started and that she loved solving problems and she was frustrated with some of the things in the industry. So it was her own kind of need for an answer that made her create the answer herself. We talked about how difficult it was for her as a woman, not only in this industry, but also to try and raise money and the difficulty that she had with financial institutions. And then we looked at what makes her resilient. How is she motivated? How did she pick a really difficult industry and go on to make a really successful business? I think you're going to be super inspired by this. I really loved her frankness. I really loved her direct conversation. It was a wonderful conversation. And I think that you are really going to enjoy this episode. So without further Here is the amazing