rachel carrasco female entrepreneur interview
Cover Learn about Rachel Carrasco’s entrepreneurial journey and how she’s using her marketing business to empower other women in the workplace (Photo: Courtesy of Rachel Carrasco)

Rachel Carrasco built her marketing company for reasons tied to her core values: bringing the best of her experiences to help brands advance their business while lifting women up to reach their highest potential. We chatted with the young Filipino entrepreneur to learn more about her company, how she uses her business to empower women in the workplace, and what does the idea of valuing experiences over things mean to her

Rachel Carrasco wears many hats. Aside from being the founder of Rache, an experiential marketing firm specialising in thoughtful brand storytelling, she’s also passionate about women succeeding in leadership roles and has supported charity work to promote gender equality throughout the years.

“I had faced bias at work in a majority-female workplace before starting my own company. After all those unpleasant experiences, I promised myself that one day, if I ever lead a team, I will do my best to provide them with the opportunities and support they need to win at life and their career, regardless of their gender,” said Carrasco.

Through building Rache, Carrasco has been able to tap into her true desires, connecting her passion for marketing with the purpose of making a positive impact on others. A woman of many interests and quick to spot a new opportunity, she’s now also the mastermind behind two gourmet food brands, Baken and Rio.

On turning her love for food into successful side ventures, she said: “Doing what you love makes a job less of a job and that is what matters to me the most. The recognition and money are just plusses."

Read on to learn about Carrasco’s entrepreneurial journey and the biggest lessons she has learned along the way.  

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I leaped early on to follow my passion

Just like any young girl my age then, I was simply trying to forge a path of my own. I took my first marketing job at 18 at a friend’s events company. This was the time I really fortified my love for the industry and knew that this was where I was meant to be. I genuinely wanted to experience life and do something different, so I decided to quit my studies and move to Singapore from The Philippines. 

From office politics to entrepreneur: “Life goes on and you move onto better things”

When I moved to Singapore, I started on a different path from marketing. I worked for a bank as an executive assistant to a managing director, and the job was challenging because I had to deal with office politics. 

Among the EAs, there was this invisible hierarchical system, which was dependent on who your boss is within the organisation. I also noticed that there was an unspoken expectation of how EAs were meant to present themselves and work. The other EAs would phone my boss about the way I dressed, saying I drew too much attention while walking in the office halls, and I would also get nit-picked on things like missing certain details in my work.

When I thought things couldn’t get any worse, I was passed over for a promotion unfairly. I had a good performance rating but my boss’ recommendation never went through because the senior management rejected it—including those female colleagues who worked at the bank for a longer time.

So whenever I’m asked if I’ve encountered discrimination issues with men, my answer is always a no. Because in all honesty, my experience has been that there is a larger bias within the female gender itself. 

I decided to quit and return to my passion in marketing, moving to LVMH where I become the brand manager for their prestigious champagne houses, including Dom Perignon, Krug and Ruinart. A couple of years down the line, I joined Kimberly Clark and managed their baby care brands to gain more hands-on experience in the marketing field, before eventually launching my company, Rache, in 2017.

Tatler Asia
rachel carrasco female entrepreneur interview
Above Photo: Courtesy of Rachel Carrasco

How I use my brand to support women empowerment

At Rache, we are dedicated to supporting women in the workplace. This is evident in the direction we are currently taking with our business, and through the two Singapore-based charities we work with, including Aware, a gender equality advocacy group; and Aidha, an organisation that helps migrant domestic workers and low-income Singaporean women achieve economic independence. 

The project that I previously collaborated with Aidha to educate domestic workers on how to save money to start their own business, was a very remarkable one. As a Filipino, I'm always aware of the importance of addressing and solving the unfairness Filipino domestic helpers have been facing over the years. I really hope my workshops hosted for the charities would be useful for the workers, and can help them to build confidence and achieve what they want in life.

Rache is also built on my most basic philosophy in life: experiences over things. Those who know me well would know that I would always choose something experiential over sporting the latest luxury goods. Experiences bring memories, and memories to me are priceless. We're also very keen to support aspiring female entrepreneurs with great business ideas and evaluate how we help build these out with them.

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What it means to be a woman in leadership roles

As a female leader myself, leading an all-female team, I do my best to provide a space or working environment that enables my team members to become who they want to be. This means that while I am providing them with room to grow, I am also, at the same time, providing them with room to make mistakes.

On turning my passion for food into side ventures

I always knew I wanted to start a brand beyond my marketing career, but I was unsure of what it was going to be. I had a good sense of fashion but as a business, it had minimal appeal to me; I had good taste in design, but I had no talent in drawing. And then my love for food just led me to establish my own F&B ventures, Baken and Rio, during the pandemic. The pandemic had slowed down my marketing consultancy work, but that also allowed me to use the time wisely, being able to turn my other business ideas into reality.

Baken is the world’s first all bacon snack brand, where we have completely reimagined the widely loved breakfast staple into a range of sweet and savoury snacks. Our products include real bacon crisps, bacon cookies, bacon jam and bacon brittle. These are available online and is currently shipping to Australia, Singapore, and the Philippines.

While Rio is a vodka-based cocktail brand, where we own exclusive distributor rights for the Philippine market. We currently carry the Rio Strong range as drinkers in the Philippines are always in search of a strong buzz.

Tatler Asia
rachel carrasco female entrepreneur interview
Above Photo: Courtesy of Baken

Embracing change: “I’m happy and proud of my progress”

Every decade, I noticed that I go through life shifts. It started when I was about 14, earning money through a modelling and acting career that later empowered me to enter the workforce at a young age. And then at 24, I made the decision to move to Singapore to live a better life and to take my career a step further by joining global MNCs. Come 34, I had learned enough and was ready to fully embrace the life of an entrepreneur.

What I’m most proud of about myself goes far beyond specific accomplishments. It’s more about my ability to adapt and step out of my comfort zones and make something happen for me. All these moments were incredibly challenging, and they came with their own highs and lows. But time and time again, I have proven that I always make it through, emerging a better woman than the last. 
 

The playing field for entrepreneurs was created for everyone, regardless of gender

I’m lucky to have not experienced gender-biased challenges in my entrepreneurial career. But being an entrepreneur is never easy. I always say… it’s one thing to conceptualise a business, another to put it up, and then another to keep it alive. This is my biggest challenge. This whole entrepreneurial journey, regardless of your gender, is a continuous one. It keeps evolving and you’re going to have to learn to keep evolving with it. 

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What keeps me motivated at work

I always wanted to achieve a certain level of freedom for myself. And I view my work as the main avenue to achieving this. So, on days when I feel uninspired and close to quitting, I simply think of the life I want to live and the person I hope to become and that is more than enough to keep me going. 

Thoughtful communication is the key to good leadership

I think I’m a visionary leader, where I lead by inspiration. But to give you a better perspective, I threw this question to my team. They say, I’m a democratic leader. I always encourage collaboration and welcome their opinions. And that I invest my time and energy in guiding them to reach their full potential and find their purpose. Better coming from them than me! 

Tatler Asia
rachel carrasco female entrepreneur interview
Above Photo: Courtesy of Baken

The mentors who shaped the person that I am today

There are far too many role models to list and I am inspired by someone new everyday—I’d say I’m a culmination of all the bosses I have ever had. Whether my experience with them has been an easy or difficult one, each of them has taught me valuable lessons I have carried till today. The best parts I continue to impart to my team and the not-so-great parts remain as constant reminders for me to do better.

Personally, there is my mum. She taught me everything I need to know about living an independent life.

Advice for my younger self: “take a chill pill”

Back then I had a knack for living life on hyperdrive. I was always rushing things and I always wanted to see results instantaneously. I had zero concepts of patience and I never understood what it meant to “plant a seed and watch it grow”.

Today, I still live a fast-paced life, only that I’ve come to appreciate the beauty in waiting. And this applies to both business and in life, if you’ve done the work, you’ll have to trust the wait. Things will eventually fall into place. Most of the time, it’s better than what you’ve ever imagined. 

My career tips for aspiring women entrepreneurs

If you want something, go get it. We women have what I call the female advantage. I’ll be a bit more candid here: we carry with us a natural charm and innate characteristics such as empathy, nurturance, and even devotion. These can be powerful tools in the workplace, and I believe that every woman should learn to leverage these alongside their own distinct capabilities. 

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