Nov 24, 2021
From developing an idea into a viable business to growing revenue, managing finances, and eventual exit and sale, the journey of entrepreneurship can be risky and fascinating. In the upcoming episodes of Grow Money Business, we will have individuals on the show sharing their exciting entrepreneurial stories. In today’s episode, Lindsay Pinchuk, an award-winning entrepreneur, joins us today to share her story of growing Bump Club & Beyond, one of the premier parenting communities in the country.
[03:36] Lindsay’s Story – Lindsay shares how she got the idea of starting her business and the exciting entrepreneurial journey that came with it.
[9.57] Structure – Lindsay explains how her previous work experience helped her in modeling her business structure.
[10:38] Monetizing – Whatever the business is, monetizing plays a vital role. Lindsay broadly describes how she utilizes the power of community for monetization.
[15:33] Taking the Shift – Lindsay talks about why she gave up her career for her business and what that transition looked like.
[17.33] Financing – Lindsay shares how she embedded the financial aspects, such as bookkeeping and having an accountant, into her business as it grew.
[20:00] Entity Structure – Lindsay shares with us some of the lessons she learned about setting up the right business structure and hiring the right kind of people for the business to flourish.
[28:54] Outsourced CFO – Lindsay talks about the financial support she got by outsourcing the CFO position, especially when creating valuations for the business.
[30.30] Acquisitions – Lindsay talks about how she received acquisition offers from three different entities for her business in 2018 and the process that followed.
[33.13] Message to the Entrepreneurs - Lindsay shares some lessons she learned from her business journey.
[42:30] Business & Personal Life – Lindsay shares her experience of managing personal finances and business as a mother.
Resources:
Connect with Lindsay
Website: lindsaypinchuk.com/
LinkedIn: linkedin.com/in/lindsaypinchuk/
For more tips to help you start and grow your business, follow Lindsay on Instagram: instagram.com/lindsaypinchuk/
You can also grab some of her free guides:
5 Tips + Tools for Starting Your Own Business: view.flodesk.com/pages/6192a54d3a0e5bcf6f542228
Six Super Simple Tips for Social Media Success:view.flodesk.com/pages/61929cab839edddd7aa02829
Make sure you check out her podcast Dear Found Her, coming in January. Subscribe on Apple, Spotify, or wherever you listen.: podcasts.apple.com/us/podcast/dear-foundher/id1591976277
For further discussion with other founders, join the Dear Found Her Facebook Group: facebook.com/groups/dearfoundher/