Full Name: Lily Chambers
Company/Business Name: The Virtual Evolution Magazine
Year Business Was Founded: 2009
Tell us about your business: The Virtual Evolution Magazine is an ezine by entrepreneurs for entrepreneurs to assist all entrepreneurs (brick and mortar) will growing their business and learning time-saving tricks. Published articles can range from specific niches to tech reviews, tips/tricks, etc.; anything that is of interest to virtual entrepreneurs.
What inspired you to start your business? I became the assistant editor at TVE Magazine following the release of the first issue. I found lots of typos and volunteered to help out. When the owner decided to close down the magazine due to personal health issues, I became the new owner in order to keep it going.
What has been your biggest challenge in your business and how have you dealt with it? Shortly after obtaining ownership of TVE Magazine (which had been branded as “The Virtual Entrepreneur”), I received a ‘cease and desist’ letter from Entrepreneur Media, Inc (owners of Entrepreneur Magazine) claiming that EMI owned the name “Entrepreneur” and it could no longer be part of TVE’s name. In response, I held a ‘name-change’ contest with my readers and subsequently renamed TVE to The Virtual Evolution Magazine beginning with the June/July issue of TVE Magazine.
What would you say has contributed to your business success? I am computer savvy, stubborn, and seriously committed to the success of all of my ventures. If I don’t know how to do something, I research until I find a source to learn how to do whatever it is. I spend a lot of time researching, networking, and focusing on business growth.
What advice would you like to offer other women/moms who are thinking about starting a business? Be prepared to work long hours, feel frustrated and depressed sometimes, but also keep in mind WHY you wanted to start a business in the first place. No-one said it would be easy but I personally believe the rewards are well worth it. And definitely find yourself a support network, whether it is family, friends, a networking group or forum, or a combination of all of them.
What is your favorite tool or resource you use for your business? I have fallen in love with both Google Calendars and Dropbox. The calendar helps me to track my tasks and deadlines and Dropbox allows me to have files immediately accessible to both myself and my clients, no matter where I am working. And I keep many of the articles I publish in TVE Magazine for future reference (in my tabbed notebook, of course)!
Share one business goal you have for your business? To reach out to more subscribers and help them to grow their business by supporting them the way I received support starting out.