Ep 156: Supporting The Girls Up Top

HerMoney with Jean Chatzky

Jean Chatzky Her Money

Investing, Business

4.7 • 1.5K Ratings

🗓️ 10 April 2019

⏱️ 30 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

For many of the female founders we’ve featured on the show, either personal problems or macro pain points served as inspiration for their companies. For Heidi Zak, ThirdLove, was no different. Nearly seven years ago, the co-founder and co-CEO set out to change the dismal relationship she, and—as it turns out—millions of other women (including the HerMoney team) have with their bras. “Every woman has a bra story,” she says, and this week we hear hers, discuss ours, and learn the best practices for buying, maintaining and even donating bras. (If you’re like us, you're doing it wrong!) Plus: Heidi gets honest about her experience in building and scaling a company that’s unapologetically for women. In Mailbag, we answer your questions on consolidating 401(k)s, picking a retirement plan when your company doesn’t offer one and using company stock for making a down payment on a first home. We end the show with some important news on finding love in the digital age: “Romance scams” are costing people more money than any other form of fraud, according to the FTC. Looking to donate your bras? Here are two options: -https://isupportthegirls.org/ -https://brarecyclingagency.com/ And if you know of any others, please email us at contact@hermoney.com! Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	You're listening to an airwave media podcast.
0:04.0	Her money is supported by Fidelity Investments.
0:07.0	We want you to demand more from your money,
0:16.0	so start by knowing what you own and what you owe. We'll help you take the next step at
0:20.8	Fidelity.com slash Demand More Now.
0:24.0	Her money comes to you through PRX. Hey everybody it's Jean Chatsky. Welcome to Her Money.
0:39.8	If you've been listening to our show for any length of time, you know that many of the female
0:44.8	founders we've featured on the show were inspired by personal problems, personal pain points.
0:52.1	Catherine Minchou, founder of The Muse,
0:55.2	told us in episode 39 that she launched her business
0:58.7	to give people the career guidance that she felt she never had.
1:03.0	And Jen Hyman, founder of Rent the Runway, talked to us about how she was looking for a more affordable solution to her little sister's very expensive taste and started asking the question,
1:16.5	wouldn't it be smarter if we could rent designer items rather than buying them outright?
1:22.2	Well, this week's guest nearly seven years ago
1:26.7	set out to change the dismal relationship
1:29.8	that she, and as it turns out, of other women including me have with their bras.
1:37.0	I am sitting with Third Love's co-founder and co-cee.
1:41.0	Heidi Zack and since Third Love's
1:45.0	Love's launch, more than 12 million women
1:49.2	have gone through their Fit Finder process and they have sold over 4 million bras.
1:57.0	Heidi, thanks for being here. I'm going to laugh when I read this.
2:01.0	Kelly wrote this script for me today and she writes our
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Jean Chatzky Her Money, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Jean Chatzky Her Money and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.