Episode 111 Fundraising as a Startup & Improving Your Company's Financial Health

It’s time to beat the financial overwhelm. Tune in to find out more!

Episode Introduction: 

In this week’s episode of Law Chat with Girija, our guest Melissa Pancoast from The Beans joins us to talk about financial wellness and how her company is working towards eliminating financial stress for the caring class.

Episode Summary: 

Melissa Pancoast walks us through her journey of founding The Beans, a financial wellness company for the caring class. She shares everything from the moment inspiration stuck to her R&D process on a budget, and how she discovered her target market. The conversation also covers fundraising as a startup and what to look out for when doing so.

Main Takeaways:

• Finances are the number one cause of stress in the United States of America.

• Things that are proven to reduce your financial stress:

1. Have a plan for your money.

2. To build savings.

3. Spend in alignment with your personality and values.

• You get more utility out of every dollar when you spend in alignment with who you are.

• When you look at your finance holistically, it’s important that you understand how much of that money is going toward your joy and security.

• How to Get Funding for a Startup:

1. Determine where the money will get you and who’s interested in that.

2. Ensure that the investment is a good fit for your business.

3. Start with the end in mind but also be open to change.

Find Melissa Pancoast:

• Email: melissa@thebeans.io

  Website: http://www.thebeans.io/

  Instagram: https://www.instagram.com/thebeans.io/

  Facebook: https://www.facebook.com/thebeans.io

  LinkedIn: https://www.linkedin.com/company/the-beans/

Get the visual experience, watch the videocast for the episode here: https://youtu.be/N6jNIRIgc-U

Help us mentor other entrepreneurs through the power of storytelling by rating us and leaving a positive review on Apple Podcast: https://podcasts.apple.com/us/podcast/law-chat-with-girija/id1528580730

Get the FREE Five Day Legal Audit: https://yourcontractbuddy.com/5-day-free-legal-audit-challenge/

Join Law Chat for Entrepreneurs Free Facebook Community: https://www.facebook.com/groups/449334726047480

Connect With Girija:

Website: https://www.gbplaw.com/

Instagram: https://www.instagram.com/gbplaw/

Facebook: https://www.facebook.com/GBPLaw/

Get Ready To Use Contact Templates At: https://yourcontractbuddy.com/