Getting Rich Together Taking the Loneliness Out of the Female Founder Journey with Rebecca Minkoff, The Female Founder Collective
This week on Getting Rich Together, get ready for an unfiltered look into the bold life and financial journey of fashion icon Rebecca Minkoff.
In this candid conversation, Rebecca lets us in on the lean early days of hustling to build her brand — from a starting salary of $23k in NYC to paying off $60k in credit card debt to start her business. We also explore her mindset around partnering with her brother, taking on investors, buying real estate, and ultimately selling her company when supply chain struggles started to set in.
Rebecca's transparency about the lack of trustworthy financial advice available to founders is an eye-opener, but what struck me most was her driving desire to uplift other women through The Female Founder Collective. Rebecca's legacy goal of empowering women to feel confident, both inside and out, is a powerful reminder that true wealth goes far beyond just money.
Key Topics:
- Using childhood allowance money to invest in her earliest business — selling arts and crafts at flea markets
- Rebecca’s decision that college wasn’t for her
- Rebecca’s earliest career moves working with her brother at an NYC designer
- Making ends meet on a $23k/yr salary in NYC
- The first recognition she and her brother got for her designs
- Finding capital to grow her business once it started to rise in popularity
- Making her first real moves in saving and investing
- Coming to terms with selling the business in 2022
- Helping to make the female founder journey less lonely
- Keeping kids rooted in reality around money
- What Rebecca is spending money on right now and what she believes is worth the investment
- Doing work to help build a legacy of uplifting women to have more economic power
- Rewarding yourself for hard work
- Money opens doors, but it won’t make you happy
Connect with Rebecca online:
Instagram: @thefemalefoundercollective
Website: https://femalefoundercollective.com/
The 10th House Membership: https://the10thhouse.femalefoundercollective.com/
LinkedIn: https://www.linkedin.com/in/rebeccaminkoff/
Super Women Podcast: https://podcasts.apple.com/us/podcast/superwomen-with-rebecca-minkoff/id1426026971
Book: https://www.amazon.com/Fearless-Unlocking-Creativity-Courage-Success/dp/1400220718
Find more from Syama Bunten:
Instagram: @syama.co, @gettingrichpod
Website: https://scalingretail.com/, https://syamabunten.com/
Youtube: https://www.youtube.com/scalingretailconsulting