The Prof G Pod with Scott Galloway
First Time Founders with Ed Elson – This Founder Hit $100M in Revenue Without Raising a Dollar
Jun 2, 2024
Missy Park, Founder and CEO of Title Nine, transformed her experiences as a collegiate athlete into a thriving women's athleisure brand, hitting $100 million in revenue without outside funding. In this conversation, she reveals the challenges of bootstrapping and the myth of work-life balance while empowering women to take risks in their careers. Park reflects on the journey to profitability, the impact of Title IX on women's sports, and the importance of resilience and community in building a successful business.
41:30
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Quick takeaways
- Maintaining control allows for aligned decision-making and long-term vision focus.
- Bootstrapping with lean strategies and adapting to challenges leads to sustainable growth.
Deep dives
Managing Business Without Outside Funding
The female founder of a successful sportswear company opted not to raise venture capital, emphasizing the control and freedom that come with solely owning the business. By maintaining control, she prioritizes decision-making aligned with her vision over chasing external investment, highlighting the importance of clarity of vision in entrepreneurial pursuits. She values maintaining complete control, allowing her to focus on the company's long-term goals and strategic direction without external pressures.
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