Meeting with Molly of Molly's Bakeovers


Date: May 9th

Today was our first adventure with entrepreneurism; a large part of our society Laura has been adamant that we experience. We met with a dedicated woman named Molly Hamilton, who constructed her own baking business named Molly’s Bakeovers. The objective of our meeting was to hear the complete story of Molly and the up and down journey of starting a business of your own. As we dove into Molly’s Bakeovers (both the cookies and the company), we learned common phrases and vocab that comes along with business management like a convertible note, a series A investor, and equity. Laura wanted to stress to us that it can be easy to understand the basics of being an entrepreneur once you know the terminology and principles, but what kids who are entrepreneurial majors in college do not understand the amount of “sweat equity” that goes into this type of field. Sweat equity is the hard work and tears that go on behind the scenes of a startup, where the company is on the brink of collapsing and the individual is doing everything they can to keep their dream alive. Molly has gone to the extreme for her Bakeovers– she sold her house, sold a car, turned her kitchen into a temporary factory, and has moved from factory to factory in search for the best fit for her cookies. Molly’s main attraction with her cookies is that they are almost free of every major allergy in that kids face in the United States– and surprisingly they still taste really good. To end off the day, when back home, I went for a swim and then enjoyed a nice dinner outside with most of the family.

 Molly's Website: https://bakeovers.com/#

 Total Hours of Day: 7
Total Hours of Project: 57

Comments

  1. Lynne BartlettMay 10, 2019 at 8:40 AM

    This sounds like a "How I built this" podcast! So cool and delicious!

    ReplyDelete

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