Chelann Gier shares her tips for recovering from a near-business shut down

Chelann Geiensger is a millennial thought-leader and founder of the young entrepreneurs movement. In 2018, she was included in the Top 40 Most Influential Millennials to Follow.

Chelann opened NUYU Juice Bar with her partner when she was 18.

Chelann started NUYU Juice Bar in New York. Chelann interviews young entrepreneurs every week to help them start their own businesses.

Chelann, then 20 years old, published her first book, Dear Millennial.

Do you know closing a business is more difficult than opening one? This article will show you how to bring your business back after it closes.

These are some of the key secrets that we discussed in this episode.

  • Michelle introduces Chelann Gienger.
  • Chelann gives a short description of her business and herself.
  • After being entrepreneurs for awhile, we start to get numb at the NO. ” Chelann Gienger
  • Chelann explains how she and her partner did market research prior to opening Juice Bars Yakima, Washington.
  • Chelann (18), a graduate of high school, opened NUYU Juice Bar three days later. She was aided by a loan from a family friend.
  • Chelann shares the story of her first investor, who wanted to purchase 50%.
  • Chelann believes NUYU products are very different from Yakima Juice Bars. This is why NUYU has been so successful.
  • Many businesses are proud of their customer service. Chelann believes that service is the key to your business’ success.
  • Chelann first met her partner in November 2016. They were at a crossroads and trying to decide if the company would continue. Chelann tells a story she has never told before.
  • Chelann and her partner created a plan to sell their business. Within three months, it was booming.
  • “If we have the courage to push through the low points and hold ourselves accountable for higher standards and get out of the trench, there is almost always the amazingness on the other side. ” Chelann Gienger
  • Chelann describes the reasons why they had to make shutdown plans.
  • Michelle & Chelann talk about how it is not possible to just Google “shutdown plan”, if you want to learn more.
  • Chelann discusses the changes at NUYU that made it possible for the business’s shift.
  • Chelann shares her advice to her younger self.