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You Don't Need to Know How to Do It All to Run a Successful Business, Says This Entrepreneur

Michelle McBride breaks down founding and running sports drink company GoodSport Nutrition.

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In this ongoing series, we are sharing advice, tips and insights from real entrepreneurs who are out there doing business battle on a daily basis. (Answers have been edited and condensed for clarity.) 

GoodSport

Who are you and what’s your business?

What inspired you to create it?

Related: How These Teen Sisters Make $20 Million a Year in the Beauty Biz

What has been your biggest challenge during the pandemic and how did you pivot to overcome it?

What advice would you give entrepreneurs looking for funding?

If you have the ability to bootstrap in the beginning to at least get to proof of concept, you will be in a far better position for future rounds. Then, friends and family and strategic can both be excellent options. Look for VCs who invest in your type of business. The fundraising process can be a long one, there’s no use wasting your time (or the VCs) where there will never be a match.

Related: Being an Entrepreneur Is All About Punching Today in the Face, Says This Co-Founder

What does the word “entrepreneur” mean to you?

It means someone who is passionate about an idea and has the determination, grit and perseverance to make it happen.

What is something many aspiring business owners think they need that they really don't?

Related: Never Underestimate the Value of What You Have to Offer, Says This Entrepreneur

Is there a particular quote or saying that you use as personal ?