Molly Fienning, Co-Founder + Co-CEO of Babiators and Co-Founder + CEO of Red Clay on entrepreneurship and growing Red Clay 3-4X year over year
Molly Fienning is the co-founder and CEO of Red Clay, a fast-growing, Southern food business, crafting delicious hot sauces, hot honeys and specialty salts. And when I say fast-growing, they have grown 3-4X year over year in gross revenue these past three years and have rolled Red Clay out to The Fresh Market, Whole Foods Market, Publix, Food 52 and more. Incredibly impressive!
Prior to Red Clay, Molly was Co-Founder and Co-CEO of Babiators, one of Forbes' 100 Most Promising Companies and the leading sunglasses brand for babies & kids (with 4+ million pairs sold). In this episode, Molly shares her experience and advice for the marathon that is starting and successfully growing a product-based business. We cover:
- The different avenues for starting a business and the one thing they all have in common
- Why the “Irrational Offer” works
- Raising capital and the different ways to view it
- Ways Red Clay pivoted quickly to reach their revenue goals during the pandemic and how they ended up surpassing them
- Her most valuable advice to early stage entrepreneurs
- ...And so much more (as always)!
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