For this week’s edition of FinanciElle “Statements” I had the opportunity to interview Jasmine Crowe, Founder and CEO of Goodr Food Rescue.

“Hunger isn’t a scarcity issue, it’s a logistics issue” – Goodr CEO and Founder

The Goodr Food rescue is the solution to two very different problems:

• 1 in 7 people go to bed hungry
• 72 Billion pounds of good food ends up in landfills every year

Goodr provides a streamlined service for corporations and restaurants with surplus food to donate to those in need.

They are the only food management company that collaborates with organizations in compliance with the Internal Revenue Service thru their blockchain enabled platform to increase corporation’s bottom line through their charitable donations. Goodr is an end-to-end solution for businesses seeking to create a passive revenue stream through their surplus food.

Paolina: What has been your hardest experience dealing with your business and finance and what did you learn?

Jasmine:

I would have to say building out a pricing model for our customers was the hardest experience I had. I learned that you have to price your services or product at a reasonable margin and stand behind the service that you offer and the value that you bring to the table.

Paolina: What advice do you wish you had gotten about finance when you were first starting your business? 

Jasmine:

I wish I would have known how hard fundraising would be and understood what it would take to raise the funding needed to run my business.

Paolina: What topics would you want to learn more about when it comes to finance and your business and why?

Jasmine:

Fundraising in non-traditional ways – I’d love to learn more about what grants and programs are available to female founders.