Featured: Malika Jacobs in Thrive Global
Malika Jacobs of Kingmakers: “Support Networks”
It’s always an honor to see one of our own make waves across multiple industries.
In this interview, Malika, Founder and CEO of Kingmakers, talks about her identity as woman founder, how Kingmakers has shaped her life, and who has helped her on her journey.
Excerpt from the interview with Candice Georgiadis:
Candice Georgiadis: None of us are able to achieve success without some help along the way. Is there a particular person who you are grateful towards who helped get you to where you are? Can you share a story about that?
Malika Jacobs: There is a lot of talk today about how female founders lack access to capital. I didn’t have savings, my family has always been supportive but didn’t have additional money to invest, and a loan isn’t available unless you have some assets to back it.
Two older women who I love — long-time family friends — both single at the time, coincidentally, so they didn’t have to run their decision by anyone — gave me money. One floated the cost of our liquor license, which allowed us to open immediately and the other gifted me start-up cash and has never once mentioned a return on her investment, aside from getting joy from knowing that I’m happy in my day-to-day work.