Ep. 10 | Building and Selling a Business with Pedal Bar Bike Owner, Jen Benningfield

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Organizing The Entrepreneur: Helping Women Entrepreneurs Organize Work, Home, and Life

Janelle Azar

15 episodes

2 weeks ago

Feeling overwhelmed running your business? You're not alone! Organizing the Entrepreneur shows you how to conquer clutter and create systems for your life and business. No work-life "balance" myths here, just real-life strategies and inspiration from fellow women entrepreneurs. Ditch the overwhelm, embrace the organized hustle!

Entrepreneurship

Business

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All content for Organizing The Entrepreneur: Helping Women Entrepreneurs Organize Work, Home, and Life is the property of Janelle Azar and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.

Entrepreneurship

Business

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Ep. 10 | Building and Selling a Business with Pedal Bar Bike Owner, Jen Benningfield

Organizing The Entrepreneur: Helping Women Entrepreneurs Organize Work, Home, and Life

1 hour 10 minutes 10 seconds

8 months ago

Ep. 10 | Building and Selling a Business with Pedal Bar Bike Owner, Jen Benningfield

Ever wondered what it's like to build a business from scratch and then sell it all? Join me as I chat with my amazing cousin, Jen Benningfield, who did exactly that!

We're diving into her unbelievable journey from stay-at-home mom to co-owner of a pioneering pedal bar bike business—way before they were cool! But here's the kicker: Jen and her husband didn't just build a business, they changed state alcohol laws in Kentucky to make it happen! Talk about dedication!

Jen's story is packed with real talk about juggling family and business, navigating the ups and downs of entrepreneurship, and the emotional rollercoaster of selling a business you poured your heart into.

Plus, we're sharing some hilariously embarrassing family stories because, well, we're family! If you've ever dreamed of building your own thing, or just love a good story, you won't want to miss this one. Get ready to be inspired and entertained!

KEY TAKEAWAYS:

Growing up in an entrepreneurial family shapes your perspective on business.
Navigating family dynamics in business can be challenging.
Finding the right business idea often comes from personal experiences.
Balancing family life and entrepreneurship requires flexibility and creativity.
Understanding your strengths and weaknesses is crucial in business partnerships.
Changing laws can be a significant hurdle for businesses, but persistence pays off.
Community impact is a vital aspect of running a successful business.
Selling a business involves careful planning and preparation.
It's important to have a clear understanding of your financials when selling a business.
Embracing new challenges can lead to personal growth and new opportunities.

TIME STAMPS:

00:00 Entrepreneurial Family Background

02:26 The Birth of a Business Idea

02:48 Navigating Business Challenges

07:59 The Journey of Starting a Business

10:08 Balancing Family Life and Entrepreneurship

12:36 Organizational Strategies for Success

15:23 The Importance of Delegation

18:02 Managing Personal and Professional Life

20:29 Persistence in Changing Laws

22:45 The Legislative Journey

24:59 The Impact of the New Law