Introducing: Confessions of a Female Founder with Meghan

Introducing: Confessions of a Female Founder with Meghan

Released Tuesday, 8th April 2025
Good episode? Give it some love!
Introducing: Confessions of a Female Founder with Meghan

Introducing: Confessions of a Female Founder with Meghan

Introducing: Confessions of a Female Founder with Meghan

Introducing: Confessions of a Female Founder with Meghan

Tuesday, 8th April 2025
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0:02

This is Being Studios.

0:04

Audio Reality from Lemonada.

0:07

Hi, I'm Megan, and I'm so

0:09

excited for you to hear my

0:12

new podcast, Confessions of

0:14

a Female Founder, from

0:16

Lemonada Media. I'm sitting

0:18

down with female entrepreneurs

0:21

and friends to uncover

0:23

what often goes unseen

0:25

when building something great.

0:27

The setbacks. the sleepless nights, and the

0:29

laser focus that got them to where

0:32

they are today. We're diving into the

0:34

type of insights everyone wants to know

0:36

as they're building a business. And even

0:39

if you're not, don't you want to

0:41

see what's happening behind the scenes? And

0:43

I'm able to tap into all of

0:45

this wisdom from them as I'm building

0:47

my own business as ever. So we're going

0:49

to play you a little sneak peek at

0:51

the first episode featuring my friend Whitney Wolfherd,

0:54

founder of Bumble. And after you listen, you

0:56

can search confessions of a female founder wherever

0:58

you get your podcast, or you can find

1:00

a link in the show notes to take

1:02

you there. I can't wait for you to listen. I'm

1:05

sure the first time I ever heard about you

1:07

was in Time magazine being the

1:09

youngest self-made billionaire, female billionaire. Huge!

1:11

What on earth did that feel like? Well, you

1:14

know it's funny. It's funny. It's like. It's like.

1:16

It's like. It's like... At my on paper

1:18

richest, I was my inward poorest.

1:20

What does that mean to you? That

1:22

means that what it took out of me

1:24

to hit those milestones actually

1:27

robbed me of my real wealth,

1:29

the ability to connect with

1:31

myself, to take time for myself,

1:33

to focus on my physical

1:36

mental spiritual health, to focus

1:38

on my physical mental spiritual

1:40

health, to focus on my

1:42

physical mental spiritual health, to

1:44

focus on my the things

1:47

that actually make you the

1:49

wealthiest in life. So while

1:51

my financial wealth on paper

1:53

was this like crazy headline

1:56

and like world record thing,

1:58

whatever, didn't even matter. because

2:00

all these other buckets were so

2:02

low and so what has been

2:04

beautiful and I wrote a letter

2:06

to myself over the summer actually

2:08

our stock in all-time low and I

2:11

wrote a letter to myself that day

2:13

and I said today is one of

2:15

the best days of my life I

2:18

said because my other buckets of wealth

2:20

are so overflowing that it just doesn't

2:22

matter what a stock price is today

2:24

it's not how I measure my worth.

2:27

But what made you in that want

2:29

to write a letter to yourself? How

2:31

would that become a part of a practice

2:33

for you? I just thought, you know,

2:36

I better clock in and I better

2:38

check in because I want to remember

2:40

this day. I want to remember this

2:42

day. I want to remember that I

2:44

got to a place of self-growth where

2:46

on a day that should feel like

2:49

The worst day in terms of riding

2:51

the waves of success right things always

2:53

go up and down and I just

2:55

remember I wrote myself a letter and

2:57

I just said this is like the

3:00

best day ever I Have healthy children.

3:02

I love my husband. It's beautiful where

3:04

I am I hiked I meditated like

3:07

I just reflected in this moment of

3:09

gratitude of all the things I do

3:11

have and I think it's a really

3:13

good reminder to people that you have

3:16

to take stock of how you measure

3:18

your happiness, your wealth, and how

3:20

you define it. Take stock

3:22

and your actual stock. That's

3:24

right. I think it's amazing how evolved

3:26

you are. It takes a lot

3:29

of years for most people to

3:31

be able to have that level

3:33

of wisdom in an internal compass.

3:35

It really does. And I mean,

3:38

especially when you've spent a career

3:40

doing the work, the business work.

3:42

How would you? approach that or what

3:45

advice I guess would you give to people

3:47

who are listening that say okay well you're

3:49

saying you felt so depleted and the buckets

3:51

were so low or so empty in all

3:53

these other categories but it's because of that

3:55

you were able to still get to this

3:57

number and get those metrics and isn't that

3:59

the goal and then you could fill

4:01

up your cups again, would you do

4:04

it differently? Totally, totally. And I think,

4:06

you know, the one thing I can

4:08

offer to the world is actually a

4:10

blueprint of, hey, don't take this route

4:13

to the top of Everest. It's not

4:15

worth it. The view is not worth

4:17

it. Don't do it because the one

4:19

thing you can never get back is

4:21

time. Yeah. Is your precious time. And

4:24

the amount of time, Meg, that I...

4:26

wasted on being stressed, being miserable, being

4:28

overwhelmed, being paranoid about what shoe was

4:30

gonna drop. You know what? I actually

4:32

think I would have been more successful

4:35

had I not been like that. But

4:37

can you turn it off? I say

4:39

this because last night I was just,

4:41

you know, when your brain goes in

4:44

a loop. those three a.m. loops and

4:46

it's just like you can't stop overthinking

4:48

the thing and how are you going

4:50

to address that and oh gosh but

4:52

that packaging and I want the packaging

4:55

to look like this and that's not

4:57

the unboxing experience I had in mind

4:59

and what how are we going to

5:01

pivot and does it matter? I think

5:03

you have to really take a deep

5:06

breath and say you know what how

5:08

big of a deal is this and

5:10

I would size it up? Is this

5:12

going to matter? Yes, is it going

5:15

to matter in five hours? Yes or

5:17

no? Is it going to matter in

5:19

five days? Yes or no? If it's

5:21

not going to matter in five years,

5:23

like throw it out the window. Who

5:26

cares? Like if this is not going

5:28

to be a defining issue in your

5:30

business, your life, your family in five

5:32

years, like, you'll be fine. And so

5:35

when you're ruminating in the middle of

5:37

the night, you're like, oh, but the

5:39

box came out the wrong texture. Well,

5:41

is that a problem in five months?

5:43

But not really, because you can switch

5:46

that box. You can get a new

5:48

box in the next few weeks. Right.

5:50

And will anyone else know what the

5:52

box was supposed to look like? No.

5:54

Right, that's the other piece, but I

5:57

think so much of it is... especially

5:59

at launch. Yeah, I get it. Trust

6:01

me, I get it. And first impression

6:03

and the pressure and you try to

6:06

compartmentalize it and say, okay, all I

6:08

can control is this extension of my

6:10

essence and my aesthetic and what I

6:12

want to share with people. But you

6:14

know, I think in that focus on

6:17

the details, at what point can you

6:19

release some of the attachment to it?

6:21

Right? To be completely attached to the

6:23

process and attached to the intention, but

6:25

in some ways detached from the outcome.

6:28

I mean, you have to detach from

6:30

the outcome. You have to. It's a

6:32

little bit like the way we talk

6:34

to our children. It's, did you try

6:37

your best? You know, like, did you

6:39

really give it your all? And if

6:41

you didn't, like, if you... you know,

6:43

if you missed the meetings for the

6:45

packaging and you let it slide till

6:48

the final hour, then like, yeah, that's

6:50

not great. But if you gave it

6:52

your all and like you really, you

6:54

know what, you did what you could,

6:56

your team did what they could, and

6:59

this is the way it ended up,

7:01

like, it's gonna be good. It's gonna

7:03

be great. And I also think that

7:05

candidly... energy is everything and I think

7:08

if you're so stressed launching your customers

7:10

will feel the stress like that. And

7:12

so it's almost like shake it off

7:14

it's like it's you know i don't

7:16

i'm not comparing our customers up for

7:19

our businesses to the way our children

7:21

pick up on energy but there's something

7:23

deeply intuitive and brilliant about the way

7:25

children can read energy you know if

7:28

you're stressed children can feel it i

7:30

also feel that there's an intangible invisible

7:32

energy attached to launches attached to products

7:34

attached to all this and so you

7:36

kind of want to like do a

7:39

happy dance for your products and send

7:41

them out the window because like that

7:43

happy energy is going to land inside

7:45

someone's kitchen counter and you want that

7:47

for them. And so I think it's

7:50

kind of like just shake it off.

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