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Cubicle to CEO

60. Buying a Business VS. Starting One From Scratch

Cubicle to CEO

Ellen Yin

Entrepreneurship, Business, Marketing

5.0580 Ratings

🗓️ 21 September 2020

⏱️ 42 minutes

🧾️ Download transcript

Summary

Learn how to get paid to create your own digital product! Is it better to build your own business or buy an existing one? Today’s guest has done both and is here to share her wisdom. Tonya Rapley walks us through her recent experience of acquiring Club Loofah, an ecommerce bath & self-care brand in an industry she had no prior experience in. In addition to heading up this new venture, Tonya is a best-selling author and millennial money expert who founded My Fab Finance, an online resource for women to stop the cycle of living paycheck to paycheck so they can do more of what they love. Tonya shares with us her top 3 tips for eliminating debt, when to walk away from a goal versus when to push through a challenging season, and what changes she’s bringing to her new business to grow and scale faster. Connect with Tonya www.loofah.club Myfabfinance.com Instagram If you enjoyed today's episode, please: Post a screenshot & key takeaway on your IG story and tag me @missellenyin & @cubicletoceo so I can repost you. Leave a positive review on Apple Podcasts Subscribe for new episodes every Monday  ----- FREE RESOURCES:Service-based entrepreneurs, are you tired of being on the content hamster wheel + hustling for more followers without more income? I created a FREE, on-demand training just for you on how to use my step-by-step client attraction system to create your first $10K month, WITHOUT a large audience or complicated marketing strategies! Claim your bonus gift by watching now: ellenyin.com/getclients Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

You're listening to the Kupakolda CEO podcast, episode 60. Is it better to build your own business or

0:06.0

buy an existing one? Well, today's guest has done both and is here to share her wisdom.

0:11.5

Tanya Rapley walks us through her recent experience of acquiring Club Lufa, an e-commerce

0:16.7

bath and self-care brand in an industry she had no prior experience in. In addition to heading

0:22.5

up this new venture, Tanya is a best-selling author and millennial money expert who founded My Fab

0:28.4

Finance, an online resource for women to stop the cycle of living paycheck to paycheck and to do

0:34.3

more of what they love. Tanya shares with us her top three tips for eliminating debt,

0:39.5

when to walk away from a goal versus when to push through a challenging season,

0:43.4

and what changes she's bringing to her new business to grow and scale faster.

0:58.4

Welcome to the Kubeicle to CEO podcast.

1:00.2

I'm your host, Ellen.

1:04.6

Each week on this podcast, learn from the best and brightest in business who have paved their way to the top of the corporate and entrepreneurial worlds, as well as those new to

1:09.1

the CEO game, like myself, who are working in the trenches to build our empires.

1:14.4

Listen in as these leaders impart their wisdom, inspiration, and encouragement to the show.

1:38.0

I'm so excited today to have Tanya Rapley, a millennial money expert here with us. Welcome. Thank you so much. Thank you for having

1:47.5

me. I'm so excited to chat with you because, you know, as we were discussing prior to starting to

1:53.0

record, I am such a personal finance nerd. And anytime I can get together with someone who

1:58.0

loves talking about weird things like credit scores and being debt-free

2:02.6

and cash flow. It's my favorite thing. So thank you for indulging me here today. I have so many

2:09.2

questions. So I'm happy to find another personal finance nerd and just to talk about just different

2:17.0

things we have going on. Absolutely. Before we

2:20.4

get into all of that, though, I would love for you to share just a little bit about yourself,

...

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