Ep 152 | Shiloh Johnson

Written By Yasmin Nouri

How This Young Single Mom Defied All Odds, Left Corporate & Built a Multimillion-Dollar Business

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Nothing worth having in life ever comes easy and today’s guest, Shiloh Johnson, knows this firsthand. The youngest of seven siblings and a single mother at 17, Shiloh Johnson is no stranger to hard times. But, as she explains in this episode, the hard times are what mold us into better and better versions of ourselves.

Shiloh is the founder of ComplYant, a tech platform that provides small business owners with all the information they need to properly manage their business taxes. While working in corporate, Shiloh came to the realization that she was never going to get paid what she was worth, so she set herself a six-month financial target and ventured out into the world of entrepreneurship. 

After seeing the pain points the small business owners had, Shiloh ultimately launched ComplYant, a tech company that has raised over $12M in funding and become one of the few Black women to raise $10M+.

Shiloh shares her experience of bringing an idea to life, testing it before going all-in, and the importance of putting yourself out there, asking for help, and pivoting along the way. We also talk about how to overcome self-imposed limits and the importance of managing your mental health as a founder, and so much more! 

Show Notes:

  • Why, as a business owner, it is essential that you address your self-imposed limiting beliefs. [02:44]

  • Lessons that Shiloh learned growing up as the youngest of seven children. [05:05]

  • Shiloh’s experience of becoming a parent at 17. [07:26]

  • Where the foundations of excellence lie. [08:09]

  • How Shiloh’s family pushed her in the right direction. [10:28]

  • Why Shiloh decided to major in accounting rather than pursuing her original goal of being a lawyer. [13:48]

  • Shiloh’s motivation for founding her tech company, ComplYant. [19:11]

  • The self-set target that Shiloh exceeded in her first month as a business owner. [20:46]

  • What the early days of Shiloh’s entrepreneurial journey consisted of. [21:57]

  • Benefits of getting industry expertise prior to starting your own business. [24:33]

  • The invaluable service that ComplYant offers to small business owners. [25:00]

  • Why Shiloh doesn’t waste any time turning her ideas into reality. [27:32]

  • When Shiloh decided to join an accelerator and how it changed her life. [31:30]

  • Challenges that Shiloh ran into while fundraising for ComplYant. [36:55]

  • The book to read if you are thinking about raising capital. [38:11]

  • The shift that occurred when Shiloh stopped trying to pitch to investors (and the approach she opted for instead). [40:01]

  • Some of Shiloh’s proudest moments. [44:10]

  • An overview of ComplYant’s offerings. [046:02]

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Yasmin Nouri
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Ep 153 | Mia Rigden
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Ep 151 | Cynthia Thurlow