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TORONTO, March 14, 2012

TORONTO, March 14, 2012 /CNW/ – “When you do the math and understand your figures,” advised financial expert Jacoline Loewen, “then you will do well in business.” Loewen, a partner with Loewen & Partners and author of Money Magnet, was talking to over 120 women business owners who were gathered together to celebrate International Women’s Day.

She highlighted several successful women entrepreneurs who had not only done well in their business ventures, but sold them for millions and encouraged the women in the audience to think big, to believe in themselves and pursue growth. Continue reading

Women in construction share experiences on Construct Canada panel in Toronto

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Seen from left are Elisabeth Araujo of Etobicoke Ironworks Ltd., Marissa McTasney of Moxie Trades, Martha George of the Grand Valley Construction Association, Mary Lawson of Dalerose Country and Lyn Hardy of Etobicoke Ironworks.

Women in construction share experiences on Construct Canada panel in Toronto
PATRICIA WILLIAMS
staff writer
On the surface, Martha George, Mary Lawson and Marissa McTasney might not appear to have a lot in common.
But they have all made their mark in construction. George is president of the Grand Valley Construction Association; Lawson is vice-president and general manager of homebuilder Dalerose Country Inc.; and McTasney is founder and president of Moxie Trades Ltd., which designs and distributes women’s work wear. Continue reading

Truro Daily News – America’s Moxiest Work Woman

On weekends, I kick off the heels for work boots and a tool belt’

TRURO – Are you America’s Moxiest Work Woman?

If you ask Tatamagouche native Maggie Stewart, the answer would be a resounding yes.

“It was a bit of a shocker,” said Stewart, a 27-year-old who now lives in Windsor Junction. “It’s still a bit surreal that I actually won.”

Stewart, who stands at 5’2″, discovered on Thursday that she won the Moxiest Woman contest she entered through Moxie Trades, a company that specializes in work apparel for women. She found out after ‘liking’ the Moxie Trades page on social media network Facebook and saw it posted. Continue reading

November 10 Product Spotlight 

Moxie Trades, safety footwear made exclusively for women, has expanded its product line to include a complete collection of women’s safety gear. Items include the original pink work boot, metal-free athletic runners, oxfords, light duty work boots, winter safety boots, and an apparel line including denim overalls, carpenter pants, coveralls, hard hats, tool belts, safety glasses, and uniform pants.

 

The Chronicle Herald

Marissa McTasney has conquered the Dragon’s Den and survived the recession.

Her next big challenge comes next week when she sits across the boardroom table from Irving Shipbuilding Inc. executives.

The Moxie Trades founder, an Ontario company that designs work and safety gear for women, is on a mission to outfit working women coast-to-coast.

Since 2008, the company has grown from the bold beginnings of a pink work boot to more than two dozen products, including tool belts, hard hats and winter boots. Each combines safety and comfort but not at the expense of design and fashion.

As the brand has grown so too has the interest from Atlantic Canadian women working in the trades, McTasney told The Chronicle Herald Wednesday. Continue reading

toolreview.ca – The Moxie Movement Takes over the Safety Industry for Women in Canada


Toronto, ON. Moxie Trades, the maker of the infamous pink work boot, expands its product line, offering complete safety for women in Canada. From it’s humble beginnings as a small Canadian start up, the company has pivoted to industry leader in safety gear aimed to keep women protected from head to toe, fashionably.Moxie’s focus for 2011 includes launching its complete line of women’s safety gear, known to be practical, durable, comfortable and stylish. The safety footwear line includes the Moxie Trades icon “Betsy” (the original pink work boot). Adding to the mix is a metal-free athletic runner, a static-dissipating athletic runner, slip-ons, oxfords, light duty work boots and in the fall, winter safety boots and eight inch work boots.

The apparel line includes Moxie denim overalls, carpenter pants and work pants and for those in the field; coveralls and uniform pants. Hard hats, tool belts, safety harnesses and safety glasses are also available. Continue reading

The Hamilton Spectator : Mompreneur

While businesses run by moms explode, a debate has been sparked about whether the term ‘mompreneur’ has had its day

Marissa McTasney created Tomboy Trades to fill a hole in the market for workwear targeted towards women.

Marissa McTasney created Moxie Trades to fill a hole in the market for workwear targeted towards women.

Yvonne Berg/Torstar News Service
Sidebar

SAVVY MOM’S ENTREPRENEUR OF THE YEAR

A Burlington mother who launched an online community for parents has won the 2011 Mom Entrepreneur of the Year Award sponsored by SavvyMom Media.

Ann-Marie Burton, who started Momstown.ca in 2007 to help mothers like her connect with one another, was named winner on Thursday. SavvyMom has held the annual competition for five years to honor mom-run businesses.
Continue reading

Toronto Star – Mompreneurs: Powerful business network or pink-collar ghetto?

 The first words that pop up on entrepreneur Marissa McTasney’s website are part resumé, part rallying cry. In pink letters.

I am a mom

I am a wife

I am brilliant

I am strong

I can build sh*t

 

 

McTasney, 36, has two children and runs her company from her home north of Whitby. This mother can build stuff alright, and so can her female customers. And we’re not talking about sandcastles. After the birth of her second child six years ago, McTasney quit her IBM job and went back to school to learn the skilled trades. She renovated her house. She also spotted a void. Women in construction were stuck with men’s safety gear that didn’t fit. So she launched a business that makes women’s workboots, toolbelts, and hard hats and now sells through Mark’s Work Wearhouse and ships all over North America.

As founder of Moxie Trades, McTasney almost always deals with men across boardroom table or on construction sites. But as a mother and a business owner, she embraces the phrase “mompreneur” because loosely translated it means “we make humans and we can run a company.”

She knows many women will shudder at this. They will find it demeaning, patronizing, or irrelevant. And they probably didn’t appreciate her first product either — a pink work boot.

“But the whole point is to be who you are,” she says. “I can wear the pink or the black boots.” (She sells both.)

Fifteen years after two entrepreneurial mothers from Scarsdale, N.Y., coined and trademarked the term “mompreneur,” the numbers of moms launching businesses is swelling faster than a pregnant belly.

They sell organic baby food, nursing bras and toys. But they also run book stores and travel networks, offer legal and accounting services and make erotic films.

Female entrepreneurs are a force to be reckoned with, holding a stake in 47 per cent of small and medium-sized businesses in Canada, controlling 17 per cent, and accounting for more than a third of all self-employed workers.

According to RBC Group, they are one of the fastest growing groups, contributing more than $18 billion a year to the Canadian economy. About half are mothers.

So with that kind of record, do entrepreneurs with children still need a category of their own?

 • MORE: Dadpreneurs want their due

Only if it’s a useful marketing and networking tool that doesn’t marginalize them, says Barbara Orser, faculty member at theUniversity of Ottawa’s Telfer School of Management, and Deloitte professor in the management of growth enterprises.

She says the term “mompreneur” risks evoking an outdated portrait of women dabbling in a micro home-based business as a lifestyle choice and a substitute for child care, when that is not the reality.

“Fine if it helps in business-to-business networking. But if it contributes to that antiquated stereotype, then it’s had its day.”

There are many supports to help women launch businesses these days, but Orser says the bigger challenge is providing the supports and services to help them expand and boost profits.

The notion of stereotypes reared its head in another way last month on Twitter, when U.S. technology writer Jolie O’Dell tweeted: “Women: stop making startups about fashion, shopping, & babies. At least for the next few years. You’re embarrassing me.”

The notion of a pink collar ghetto sparked prickly debate between those outraged that women and baby products be seen as less serious than smart-phone Apps or men’s sporting gear, and others who thought she had a point.

Entrepreneur Jennifer Greenberg is among those who believe it’s important for women to keep forging into non-traditional realms, even though it would have been a whole lot easier on her family life if she had launched a startup in the mom and baby sphere.

Instead, the mother of four has spent the past five years roaming oil and gas fields of northern British Columbia, providing mobile first-aid units through her company Phoenix First Aid.

Greenberg, 39, who has a degree in biochemistry and paramedic training, expects to have 10 units operating by the end of the year.

It’s important that women keep “plowing into male-dominated territory and saying ‘we can do it too, here we are,’ ” she said in an interview from her Dawson Creek, B.C. home.

Social media marketing and the growth in mompreneur trade shows and awards have showcased businesses offering products and services to moms and babies.

But there is no reliable breakdown that indicates how many women entrepreneurs cater exclusively to that market.

Mompreneur is useful because it “very quickly crystallizes the idea that this is a person who has a business and a family,” says Frances Wright, publisher of Calgary-based Mompreneur magazine and themompreneur.com.

“But the majority are not in baby products.”

She hears mostly from women in IT services like web development or social media marketing, health products, communications or who offer professional services like legal, accounting or coaching. Many also become self-employed in direct sales, few of which are associated with child or maternity products.

But she is also quick to cite success stories like Sandra Wilson’s home-based Robeez baby shoes, which turned into an international empire; B.C. mom Elaine Comeau’s Easy Daysies magnetic schedules for kids, which sparked a bidding war on CBC’s startup show Dragon’s Den; and Mabel’s Labels, a multi-million dollar company created by GTA moms.

The whole discussion is a lightning rod among businesswomen, says Reva Seth, a lawyer who worked in corporate public relations and launched her own consulting business after her first child was born five years ago.

Seth, 35, has interviewed more than 100 working mothers while researching a forthcoming book on career success after motherhood. “Inevitably the question of the term mompreneur comes up,” she says. Opinions are divided between those who embrace it as a marketing and networking moniker, those who consider it demeaning when it’s still an uphill battle to find financing and be taken seriously, and others who say it’s only intended for women selling mom and baby products.

Melissa Arnott of The BabyTime Shows doesn’t identify herself as a mompreneur, even though motherhood prompted her to launch her business seven years ago. Like most savvy entrepreneurs, the mother of two built it by spotting a niche, making a business plan and putting in long hours. Her twice-a-year shows have grown from 60 to 250 exhibitors, with attendance of 36,000.

But Arnott, 40, says she’s benefitted from the mutual support between women in similar circumstances. So in that sense, the category may have helped create marketing and social media clout.

“All of a sudden I think we are taken seriously.”

Helping women connect, support and mentor each other was one of the main reasons Ellen Parlapiano and Patricia Cobe came up with the word in their 1996 book Mompreneurs: A Mother’s Practical Step-by-Step Guide to Work-at-Home Success.

“We used it to empower women, not to demean them,” says Parlapiano, 53, who runs mompreneursonline.comfrom her home in Scarsdale. “We’ve spent a long time telling women think of yourselves as serious businesswomen. We’ve never told them to play Lego in the home office.”

But she says it’s possible that women entrepreneurs have evolved enough that the category is no longer necessary.

Robyn Green-Ruskin is one example of how women entrepreneurs can defy categories. A decade ago she started Movies for Mommies, which runs matinees exclusively for mothers toting young babies, on the ground floor of the mompreneur movement.

But guess what? She wasn’t one. She was 30, single, a film grad who had lost her job in event marketing and happened to notice a mom at the movies trying to quiet her infant. Now she has franchisees and 15 locations across the country.

Green-Ruskin, who operates from her Thornhill home, now has two kids. She has no problem being identified as a businesswoman who happens to be a mom.

“I approached my business differently after having kids. You know what, women have babies. But we do many other things, too. I think it’s more important to just make peace with who you are.”

Andrea Gordon

 

The National Post, Thinking Pink

  Sep 19, 2011 – 8:36 AM ET | Last Updated: Sep 19, 2011 11:23 AM ET

Moxie Trades is the home of the original pink work boot for women, and the brainchild of Marissa McTasney, who happens to be full of moxie. As a woman working in construction, Marissa needed boots to keep her safe on the job. Being fashion conscious, she went looking for pink steel-toed boots, but couldn’t find any. She quickly saw an opportunity to cater to the growing number of women trades. Established in 2008, Moxie Trades products are designed for women, by women, combining the best of comfort, safety, design and fashion.

The Den Deal $600,000 for 75% equity

Before Marissa came into the Den, she already had business and retail partners, and strong sales. She was a confident presenter who knew the value of her business. In real time, her pitch was 2.5 hours, and one of the most interesting negotiations ever in the den. On air, Robert and I offered $600,000 for 75% of the business. It was an animated discussion that hinged on the valuation. Given the strength of her sales, Jim told her not to take the deal. She listened, and turned us down. No hard feelings, we hugged and I said, “Call me, I’ll help you.”

The Real Deal $600,000 for 50% equity

That night, she called. She knew that dealing with partners like Mark’s Work Wearhouse, Wal-Mart and Zellers would require a larger investor to help manage inventory and logistics. We had breakfast the next day and shook on a deal. I bought 50% of the company from another shareholder with a combination of cash and shareholder loans totaling $600,000.

Why I did it Marissa has fantastic energy and a natural sales ability. Her passion and business sense had me from, “Hello dragons.”

Marissa’s challenges Moxie Trades had $1-million in gross revenue in its first two years in business. Then 2009 hit. Marissa found out how difficult it can be for a startup to provide the best marketing, price and customer service to large retailers. Fines for late inventory can kill a small business. Logistics to support supply is critical. At the time, she was doing it all herself. She lost Wal-Mart and Zellers. Her biggest clients became her biggest competitors, selling their own line of work wear for women. Devastated, she had to start all over again.

After losing her biggest retailers, she thought she was done. We encouraged her to stay the course. She revamped the product line, hired staff and pre-booked sales – she didn’t put anything into production until the sales were booked. That worked so well that in 2010 she ran out of inventory. She went from $150,000 in sales in 2009 to $1.5-million in 2010. She was still having trouble forecasting sales, so she partnered with a distribution company to take over logistics and inventory. They’d worry about bringing in the product from China, delivery, and accounts payable, and pay Moxie Trades a commission in the form of a royalty.

Using a distributor has freed up Marissa to do what she’s really good at: sales and marketing, and managing her main accounts – including a strong relationship with one of Canada’s largest retailers, Mark’s Work Wearhouse, which now carries her products in 130 stores nationwide.

How Marissa Felt “I was prepared to walk away from my company in 2009, but Brett believed in me more than I believed in myself.

“Working with a distribution company really saved me. I resisted it at first. I wanted success on my terms. But Brett saw that I was only getting three to four hours sleep a night. He said, ‘I’m scared you’re going to get divorced and kill yourself.’ Using a distributorship forced me lay off staff, which was hard. Then I read a book called Double Double that talked about creating a dynasty with zero full-time staff. It gave me a new vision. Now I’ve embraced my new reality. I could still work 24 hours a day, but I don’t have to. I can have dinner with my kids every night. I’m a better wife and mother now.

“My company just hit the five-year mark. I’ve learned so much, and I’m proud that I’ve survived this long and have built something strong and stable. It’s just about growing now. My original loan from the BDC is almost paid off and my personal liability is going down, which feels great. Brett’s shareholder loans grew way beyond his original commitment and thankfully he’s patient and believes in me. I hope that one day I can make him proud and give him all his money back.

“In the past five years, I’ve also found a platform for giving back. I volunteer my time and raise money for Habitat for Humanity as an Ambassador. As great as it is to be a receiver, giving is even better.”

Outcomes and Forecast Marissa still has her ups and downs, but she’s learned a lot about the cyclical patterns of the footwear industry. She has six regional reps in Canada and four in the United States who market to retailers and end users. With regional reps in place, it’s just about building. She’s discovered that working with independent retailers, such as privately owned safety stores, is a more reliable business model because their needs are easier to meet. She’s working on building a network of suppliers across North America so that if she loses one, it won’t cost her the entire business.

– W. Brett Wilson is one of Canada’s most successful businessmen and innovative philanthropists. You can follow him at @wbrettwilson.

BOTTOM LINE
Company Moxie Trades
Website moxietrades.com
Founder Marissa McTasney
Measure of success Moxie Trades bounced back from the loss of major retail partners by establishing a network of regional reps who market primarily to independent retailers. Moxie Trades went from $150,000 in revenue in 2009 to $1.5 million in 2010.

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