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Changing The Game Of Alcohol Delivery With Lindsey Andrews

Forward Obsessed by Pete Sena and David Salinas

Mar 21, 202492:22Business

Lindsey Andrews is the founder of Minibar, an on-demand alcohol delivery service that was acquired by Reserve Bar in 2021. Andrews is now the Founder and CEO of Revido, an app designed to revolutionize the way we review...

About This Episode

Changing The Game Of Alcohol Delivery With Lindsey Andrews is an episode from Forward Obsessed by Pete Sena and David Salinas. Lindsey Andrews is the founder of Minibar, an on-demand alcohol delivery service that was acquired by Reserve Bar...

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This episode belongs to Forward Obsessed.

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Episode Details

Published Mar 21, 2024, 92:22 long, audio available.

Questions About This Episode

What is Changing The Game Of Alcohol Delivery With Lindsey Andrews about?

Lindsey Andrews is the founder of Minibar, an on-demand alcohol delivery service that was acquired by Reserve Bar in 2021. Andrews is now the Founder and CEO of Revido, an app designed to revolutionize the way we review and recommend products and services. Andrews' entrepreneurial journey began when she and her co-founder recognized the need for a convenient alcohol delivery service during their "takeout tuesdays," leading to founding the online alcohol delivery service, MiniBar. Throughout the interview, Andrews shares valuable insights and experiences from her entrepreneurial journey that led to Minibar’s acquisition. She discusses the challenges of navigating the highly regulated alcohol industry and the importance of having a strong network of advisors and investors. Andrews also touches on the difficulties of fundraising as a first-time entrepreneur and a woman in a male-dominated industry. This episode is a must-listen for aspiring entrepreneurs, founders, MBA students, and managers. Andrews' journey is an excellent example of how to navigate the challenges of building a successful startup in a highly regulated industry. Her insights on fundraising, team building, and work-life balance are invaluable for anyone looking to start or grow a business. Additionally, her experience with the acquisition of Minibar and her decision to start a new venture provide a unique perspective on the different paths entrepreneurs can take after a successful exit. Episode Outline (00:00:00) Introduction (00:02:58) Lindsey Andrews' upbringing and early exposure to business (00:07:07) Educational journey at Stanford and Wharton (00:10:11) Early career experiences at Fresh Direct, Amazon, and Quidsi (00:15:30) Aha moment and founding Minibar (00:20:15) Navigating regulatory challenges in the alcohol delivery industry (00:23:18) Fundraising challenges and lessons learned (00:26:05) Building a strong team and leveraging outsourced talent (00:30:39) Positioning and marketing strategies for Minibar (00:35:41) Losing a term sheet and managing cash burn during difficult times (00:42:44) Balancing entrepreneurship and motherhood (00:45:41) Growth and impact of COVID-19 on Minibar's business (00:49:52) Decision to sell Minibar and the acquisition process (00:53:38) Taking time off and deciding to start a new venture, Revito (00:58:17) Inspiration behind Revido and challenges of building a new startup (01:02:59) Fundraising for Revido and current challenges (01:08:12) Lindsey's daughter's perception of her as an entrepreneur (01:11:08) Conclusion and key takeaways for aspiring entrepreneurs and founders Episode Links ⁠Minibar⁠ - Lindsey Andrews' on-demand alcohol delivery startup ⁠Revido⁠ - Lindsey Andrews' new venture focused on trusted recommendations ⁠Reserve Bar⁠ - The company that acquired Minibar in 2021 ⁠Fresh Direct⁠ - Lindsey Andrews worked here prior to founding Minibar Support & Connect Forward Obsessed Website: ⁠ Instagram: ⁠ TikTok: ⁠ LinkedIn: ⁠

Where can I listen to Changing The Game Of Alcohol Delivery With Lindsey Andrews?

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Which podcast is Changing The Game Of Alcohol Delivery With Lindsey Andrews from?

Changing The Game Of Alcohol Delivery With Lindsey Andrews is an episode from Forward Obsessed by Pete Sena and David Salinas.

How long is this episode?

This episode is 92:22 long.

When was this episode published?

This episode was published on Mar 21, 2024.

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Are there related episodes from Forward Obsessed?

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Quick Answers About This Episode

Where can I listen to Changing The Game Of Alcohol Delivery With Lindsey Andrews?

You can listen to Changing The Game Of Alcohol Delivery With Lindsey Andrews on this page when the episode audio is available from the podcast feed.

Which podcast is this episode from?

Changing The Game Of Alcohol Delivery With Lindsey Andrews is from Forward Obsessed by Pete Sena and David Salinas.

What are the episode details?

Published Mar 21, 2024 and 92:22 long