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Mei Xu: How I Bootstrapped and Sold Chesapeake Bay Candles for 8 Figures

Mei Xu: How I Bootstrapped and Sold Chesapeake Bay Candles for 8 Figures

Update: 2021-01-18
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Mei Xu is the Founder of Chesapeake Bay Candles, which include botanical inspired fragrances and clean, minimalist, designs.

Sold online and in select retail stores like Target, Chesapeake Bay Candles was sold to Newell Brands for $75M in 2017.

Since stepping back from Chesapeake Bay Candles, Mei has been an active advisor to women owned businesses and recently launched Yes She May, a new eCommerce marketplace that promotes women owned businesses and stocks products in fashion, wellness, beauty, and home.


IN THIS EPISODE, YOU'LL LEARN:
1. How Mei started and bootstrapped Chesapeake Bay Candles
2. Manufacturing fragrance candles and the challenges of manufacturing abroad
3. Why Mei decided to sell the business
4. Why entrepreneurs need to create value and offer better solutions
5. How Mei overcame health issues and the importance of support systems
6. Mei’s next chapter with Yes She May, how the eCommerce marketplace is helping women businesses, and how it’s providing a better service offering versus Amazon, Etsy, eBay, and other online marketplaces


BOOKS AND RESOURCES MENTIONED IN THIS EPISODE:
1. Tipping Point
2. A Whole New Mind
3. Yes She May
4. Chesapeake Bay Candles


And finally, we are running a COMPETITION! All you need to do is to review the show on your podcast provider and send a screenshot of the review to karen@musedmondays.com. The best review will win a luxury scented candle!


FOLLOW US:
As always, keep up with the latest musings (@musedmondays) on YouTube, Instagram, Twitter, LinkedIn, and Facebook

In addition you can follow your host Karen Forster (@karenbforster) on Instagram and Twitter.

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Mei Xu: How I Bootstrapped and Sold Chesapeake Bay Candles for 8 Figures

Mei Xu: How I Bootstrapped and Sold Chesapeake Bay Candles for 8 Figures

Mused Mondays