· By Jordan West
Ep 151 - Intentional Entrepreneurship with Anna and Vivian, Co-Founders of Flax Sleep
Today’s guests have grown Flax Sleep, a premium linen bedding and home goods brand, 600% in the last 3 years. Their journey started when Anna was unable to find a Canadian brand where she could buy linen bedding for herself. She then asked her friends Vivian and Oana if they wanted to start a business together. A short time later they were in an Airbnb in Shenzhen, China eating takeout, looking at samples, and preparing to put in their first order. Anna and Vivian generously share their business journey in today's episode and highlight the importance of friendship, good food, business coaching and customer service. Enjoy!
KEY TAKEAWAYS FROM THIS EPISODE:
- As business partners, you need to establish common values and goals that will keep you grounded.
- Spend quality time with your business partners, the more food the better!
- A coach is one of the best ways to ensure your success in business.
- If you’re a direct-to-consumer brand, Customer Lifetime Value should be a top KPI.
- Healthy boundaries are a key
TODAY'S GUESTS
Anna Heyd and Vivian McCormick are linen specialists and co-founders of Flax Sleep. This all-female led business promotes sustainable linen products made from flax plants. Anna and Vivian are Vancouver-based entrepreneurs together with their co-founder Oana Papuc.
Check out Flax Sleep at https://flaxsleep.com/
Connect with Vivian and Anna on LinkedIn.
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In this episode's sponsor is Revenued - is a financial technology company that provides businesses with revenue-based financing solutions. Instead of relying on credit scores or collateral, Revenued offers funding based on a company's revenue. This allows businesses to access capital quickly and repay it as they generate income.
Learn more here: Revenued