{"id":174745,"date":"2023-03-31T20:29:18","date_gmt":"2023-04-01T03:29:18","guid":{"rendered":"https:\/\/inbusinessphx.com\/?p=174745"},"modified":"2023-03-31T20:29:18","modified_gmt":"2023-04-01T03:29:18","slug":"ten-figures-advances-diversity-in-venture-capital","status":"publish","type":"post","link":"https:\/\/staging.inbusinessphx.com\/?p=174745","title":{"rendered":"Ten Figures Advances Diversity in Venture Capital"},"content":{"rendered":"<p><span class=\"Apple-converted-space\"><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-large wp-image-174746\" src=\"http:\/\/inbusinessphx.com\/wp-content\/uploads\/2023\/03\/Ten-Figures-1024x597.jpg\" alt=\"\" width=\"610\" height=\"356\" \/><\/span>Started up to help entrepreneurs with their own startups, <a href=\"http:\/\/tenfigures.com\" target=\"_blank\" rel=\"noopener\">Ten Figures<\/a> is a culturally competent management consulting and venture capital firm supporting the development of BIPOC and\/or women entrepreneurs. \u201cI believe great entrepreneurs are a mix of both nature and nurture. Now, I am trying to prove that great entrepreneurs can also be great investors by using the same philosophies and lessons in helping other entrepreneurs maximize their fullest potential,\u201d says CEO Justin Bayless, who founded the company one year ago.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p>Ten Figures was created after Bayless sold Bayless Integrated Healthcare and saw there was a lack of diversity in the startup and venture capital space. In fact, he found that less than 2% of capital goes toward minority founders. This was the impetus for him to create a vehicle that allowed for the development of entrepreneurs \u2014 helping them through the very challenges he overcame to build his own company.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p>\u201cI put in the time and effort and refused to give up on something I was passionate about. I\u2019ve always called this my \u2018Relentless Mentality,\u2019\u201d Bayless shares. Following advice from his best friend to \u201cremain authentic and yourself with what\u2019s important to you and let it build from there, Bayless persevered through the initial startup challenges.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p>Ten Figures provides resources and in-house capabilities (coaching, mentoring, and a mental health performance coach) to support early-stage healthcare companies in their growth and development by investing in them through a Special Purpose Vehicle (SPV). Ten Figures seeks entrepreneurs who can utilize the team\u2019s expertise, guidance, and resources to sustainably grow their company and impact their community.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Started up to help entrepreneurs with their own startups, Ten Figures is a culturally competent management consulting and venture capital firm supporting the development of BIPOC and\/or women entrepreneurs. \u201cI believe great entrepreneurs are a mix of both nature and nurture. Now, I am trying to prove that great entrepreneurs can also be great investors [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":174746,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_eb_attr":"","footnotes":""},"categories":[31],"tags":[],"class_list":["post-174745","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-startup-entrepreneurship"],"_links":{"self":[{"href":"https:\/\/staging.inbusinessphx.com\/index.php?rest_route=\/wp\/v2\/posts\/174745","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/staging.inbusinessphx.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.inbusinessphx.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.inbusinessphx.com\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.inbusinessphx.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=174745"}],"version-history":[{"count":0,"href":"https:\/\/staging.inbusinessphx.com\/index.php?rest_route=\/wp\/v2\/posts\/174745\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/staging.inbusinessphx.com\/index.php?rest_route=\/"}],"wp:attachment":[{"href":"https:\/\/staging.inbusinessphx.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=174745"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.inbusinessphx.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=174745"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.inbusinessphx.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=174745"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}