In this inspiring episode of Money Made Simple, Jennie sits down with Hannah Porter - founder of baby and kids' brand Bear & Moo - to talk about building a successful startup from scratch, while juggling family life and financial realities. From starting with just $6,000 to growing into a thriving online and retail store, Hannah shares what it’s really like to take a calculated risk and create something that works for your lifestyle, and helps build financial success.
This episode covers:
- How Hannah went from corporate jobs to launching Bear & Moo with only a small amount of savings
- The balance between family life, risk, and financial stability when starting a business
- The growth journey through COVID, supply chain issues, and economic slowdowns - it hasn't been easy!
- Why knowing your numbers and cashflow is vital for small business survival
- Tips on household budgeting, running multiple bank accounts, and teaching kids about money
Resources mentioned in this episode:
- Bear & Moo website – https://bearandmoo.co.nz/
Tenancy Services (for household budgeting references): https://www.tenancy.govt.nz/
By the end of this episode, you’ll feel inspired (and maybe a little more organised!) to take control of your own finances - whether that’s starting a side hustle, improving your family’s budget system, or simply getting more confident about your money decisions. So go forth and conquer!
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Disclaimer: This podcast contains personal opinions and is intended to provide educational information only. It doesn't relate to your particular financial situation or goals and is not financial advice or recommendations. Simplicity New Zealand Limited is the issuer of the Simplicity KiwiSaver scheme and investment funds. For product disclosure statements please visit Simplicity's website simplicity. kiwi.
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