In this episode of the Wealthy CEO Lab, host Giovana Bier interviews Julie Cole, co-founder of Mabel's Labels, a company that creates durable, waterproof labels for children's items. Julie shares the journey of starting Mabel's Labels with her sister and two college friends to address a market gap and gain flexibility to support her family, especially her son who was diagnosed with autism. She emphasizes the importance of testing products thoroughly to ensure they meet brand promises and discussing the benefits of a community-driven and co-founder-supported business model. Julie also underscores the significance of raising independent children, embedding core values into business, and giving back to the community. This episode culminates in practical advice for aspiring entrepreneurs and insights into how personal life can align with professional ambitions.
00:00 Introduction to the Wealthy CEO Lab
00:09 Meet Julie Cole: Co-Founder of Mabel's Labels
02:16 The Origin Story of Mabel's Labels
05:11 Balancing Motherhood and Entrepreneurship
06:03 The Realities of Entrepreneurship
07:44 Raising Independent Children
13:16 The Importance of Community and Networking
18:39 Launching a Product: Key Considerations
27:23 Giving Back to the Community
31:43 Closing Thoughts and Takeaways
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