What Industry Disruptors Need to Know About Funding, Investors and Business Growth with Rachel Apfel Glass, Founder of GLOSSLAB

Times of disruption are times of opportunity for founders like this week's guest Rachel Apfel Glass. Rachel is the creator of GLOSSLABS, a membership-based nail studio. With an ethos of providing consumers with a clean, modern, and waterless alternative to their weekly manicure and pedicure services, Rachel shares how she went from idea to leaving her career in finance and expanding GLOSSLABS into new markets.With four locations currently open in New York City, GLOSSLABS is set to have forty locations by the end of 2022. In this interview, Rachel shares how she bootstrapped her first two locations, tips for finding investors who believe in your vision, and how she manages motherhood and business growth.Takeaways:[00:03:05] Get to know Rachel Apfel Glass and hear how GLOSSLABS modernizes the manicure with hospital-grade cleaning and cutting-edge technology.[00:04:41] What started as a self-funded venture has grown into several studios with more openings scheduled in D.C. and Miami. Rachel shares how to test your concept.[00:05:28] Rachel and Lindsay take the mystery out of finances and share tips for raising money and finding investors that can offer more than just capital.[00:08:52] The service industry was impacted the hardest by the pandemic; Rachel shares tips on pivoting and how GLOSSLABS sets new standards for the industry.[00:21:21] The recurring revenue model appeals to many entrepreneurs, but there are hidden benefits like community and feedback that community members bring.[00:28:33] Many founders, believe they have to choose between their 9to5 and their business; Rachel managed both by committing to doing three things a day to move her business forward and researching the competition.Resources:Please don't forget to rate, comment, and subscribe. Want even more resources for growing your business?  Join the Dear FoundHer... Facebook Community for more discussion with other female founders, business owners, and entrepreneurs.Subscribe to Dear FoundHer…Apple |Spotify |or anywhere you listen to podcasts. For more from Lindsay Pinchuk, visit her website or follow her on Instagram.FREE Grab one of Lindsay’s quick guides:5 Tips & Tools to Set Up Your Business 6 Simple Secrets to Social Media Success (plus some of my favorite tools for automation) Design like a pro with one of our favorite tools, Canva  Hosted on Acast. See acast.com/privacy for more information.

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