Michelle Penczak Profile Banner
Michelle Penczak Profile
Michelle Penczak

@michellepencz

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2,730

CEO and Founder of Squared Away @gosquaredaway - boy mom x 2 - military spouse & advocate

Hampstead, NC
Joined October 2013
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@michellepencz
Michelle Penczak
7 months
To say that I’m honored and humbled is an understatement. So many challenges - personally and professionally- led to 2023 being a year of hurdles. But we made it! This would not be possible without the support of my entire @gosquaredaway team ❤️ Thank you to each and every
@gosquaredaway
Squared Away
7 months
Our founder, Michelle, was chosen to be a part of this year’s @Inc #FemaleFounders 250, a list of the most creative and inspiring female leaders in America. We are beyond proud she is being recognized for her hard work. Read the whole story here:
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@michellepencz
Michelle Penczak
4 months
@emilykmay Our hoa sent me an email letting me know that the flowers in my flower pot were dead and it wasn’t appealing to the eye. I kindly responded and let them know my 5 yr old had in fact poured my bottle of Mountain Dew on them and to please relay the appropriate punishment.
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@michellepencz
Michelle Penczak
2 months
No idea if I’ve been doing Founder Mode or not, but here’s what I got… Squared Away just passed $40m in all-time revenue. $40-freaking-million!
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@michellepencz
Michelle Penczak
4 months
@theficouple Women became tired of: - being the maid - being the nanny - parenting their spouses - waiting on their partners to rise to their level
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@michellepencz
Michelle Penczak
5 years
I was nervous to share this update. But, I promised myself I would always do it if only to keep myself accountable and maybe our story can help others. Here’s our April, 2020 update. Our revenue, our churn, and how we tried to adjust and plan for this global pandemic.
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@michellepencz
Michelle Penczak
5 years
@DannPetty Yep!! Explaining it to a 4 yr old is fun “I have to do emails so I can buy you bananas and toys” Him: “Mommy are you done? We need to go to target to get my toy”
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@michellepencz
Michelle Penczak
4 months
@deloisivete This is not a wine’s job I’m afraid - this calls for bourbon
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@michellepencz
Michelle Penczak
4 years
BOARD UPDATE Q1 2021: A year ago we lost 15 clients in a month when COVID hit. 1 year later and we are doing $415k+ a month in MRR, grew 330% YoY, and just crossed $5m in ARR run rate. Here’s how it happened… 🧵 (1/9)
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@michellepencz
Michelle Penczak
3 years
@greta You forgot the Marine Corps
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@michellepencz
Michelle Penczak
5 years
Inspired by @shl , I want to share the real business numbers with our team, our followers, and our customers. We will shoot to do this monthly. Maybe we will have open board meetings too :) Who are we? Our team of Military Spouses gives you your time back.
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@michellepencz
Michelle Penczak
3 years
@WendiAarons @cindygallop A few years ago my dr asked me if I was sexually active. I asked her what exactly she meant by ‘active’ because volcanoes are considered active up to 10K years. Hubby was deployed at the time so I was feeling feisty.
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@michellepencz
Michelle Penczak
5 years
We've come a long way in the last few years. Notice the date on the left - 8/1/16. Building something incredible takes time. I'm extremely proud of our clients & assistants and all the work they are accomplishing together. We're just getting started.
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@michellepencz
Michelle Penczak
4 years
@schlaf We have a fully remote team (120) and we’ve raised $0. Loving this current state of remote work!
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@michellepencz
Michelle Penczak
5 years
@domm Remote c-level executive assistants who are all military and first responder spouses.
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@michellepencz
Michelle Penczak
4 years
@domm If they do something more than once document the process
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@michellepencz
Michelle Penczak
4 months
@Laura_W_Gieseke @clhubes Same! It could be worse, my 8 yr old could projectile vomit #pickyourinconvenience
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@michellepencz
Michelle Penczak
4 years
It feels odd to share a positive work update in the midst of such a global pandemic, but here we are. I hope sharing this helps others learn with us. I’m really excited to share our October financials and team stats. Let’s dig in... (1/11)
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@michellepencz
Michelle Penczak
5 years
@amy_riveter Don’t work with people who have shitty attitudes. It’s not worth it if you’re dreading every interaction.
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@michellepencz
Michelle Penczak
4 years
PSA all military spouses are not ‘Army wives’. We are of multiple branches and genders. Please take the time to know who we are individually.
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@michellepencz
Michelle Penczak
4 years
A lady on our flight from NC to Detroit told me “you’re doing a good job”. This was in the middle of multiple meltdowns of both boys. Please for the love of Christmas Eve be each other’s advocates and not firing squads. Pep someone up instead of tear them down. It goes further.
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@michellepencz
Michelle Penczak
5 years
Thank you all for sticking with us during this storm. Every storm runs out of rain. <3 Michelle
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@michellepencz
Michelle Penczak
5 years
So, with all of that said, here’s our numbers for April: # of team members: 100 # of customers: 140 # of client hours worked: 4,003.37 ARR: $1,790,953.80 Total payout to assistants: $104,376.03 Gross profit: $44,870.12 Customer churn: 17
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@michellepencz
Michelle Penczak
3 months
Circling back emails. What are some of your favorite opening lines? You lose points for “bringing this to the top of your inbox.”
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@michellepencz
Michelle Penczak
4 months
@LeadershipAcad1 Send them certified mail you’ll be issuing them a 1099C unless paid within ___ amount of time
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@michellepencz
Michelle Penczak
5 years
Here’s where I feel truly lucky: we didn’t have to let anyone go. We actually passed 100 team members yesterday. Our first month ever paying assistants over $100k in a month. It blows my mind that we are paying this out every. single. month. <3
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@michellepencz
Michelle Penczak
3 years
I don’t know who needs to hear this - but being a female parent AND founder/CEO/SAHM/anything - is hard. You don’t just pop out a kiddo and go back to your daily routine. It’s the most challenging, frustrating, exhausting, and beautiful role. Give Grace.
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@michellepencz
Michelle Penczak
5 years
@daviswbaer Military Spouse Chief Executive Assistants - Remote team. Best all-around support! $45k MRR
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@michellepencz
Michelle Penczak
5 years
Squared Away in July: # of team members: 32 # of customers: 40 MRR: $45,922 Total payout to assistants: $27,698.75 Gross profit: $18,223.25 ARR: $551,064 Customer churn: 3
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@michellepencz
Michelle Penczak
4 years
I wanted to share something in case other CEOs are struggling with this too. We have decided to NOT to take the PPP loan from the government. I wanted to share what happened and why we changed our mind.
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@michellepencz
Michelle Penczak
5 years
Time to share our November update. Our assistants and clients have been busy getting stuff done! Thanks as always @shl for inspiring other CEOs to put ourselves out there. Who are we? Our team of Military Spouses gives you your time back.
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@michellepencz
Michelle Penczak
3 years
You know what sucks as a female founder? Male clients who think that they can threaten us with ‘poor’ service reviews because they didn’t receive a discount. What.The.Fuck
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@michellepencz
Michelle Penczak
15 days
I am deeply honored to be featured among the 25 notable military-connected entrepreneurs in the Fall 2024 issue of Military Entrepreneur Magazine. This recognition fuels our commitment to serving military families and veterans. Being part of this
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@michellepencz
Michelle Penczak
5 years
Most of our churn came from our starter package clients. What we didn’t expect was this: our best customers doubled down on Squared Away more than ever before. We had more plan increases than ever before. This saved us. I realized how important being a true partner is.
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@michellepencz
Michelle Penczak
4 years
Here’s a stat that drives us every day: There are over 300,000 unemployed military spouses in the US. This means that the unemployment rate for military spouses is over 25%. This is not ok. Our mission is to help ALL military spouses find meaningful employment. (3/11)
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@michellepencz
Michelle Penczak
5 years
I’ll leave all CEOs or leaders with this: If you are struggling with the transition to working remotely, please reach out anytime. We’ve been working remotely since the beginning and although it can be different, it is totally doable. We can share best practices.
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@michellepencz
Michelle Penczak
5 months
@BryceWGarcia Solo traveling with a 5 & 8 year old = a mimosa for mama
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@michellepencz
Michelle Penczak
3 months
It has been an incredible privilege to work with @ShaneMac for more than 8 years. Having him as my co-founder has been wonderful not just for me, but for our entire team. Shane has taught me so much about leadership, being a CEO, and crafting a culture that is not only innovative
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@michellepencz
Michelle Penczak
3 months
@1capplegate Do it!!! It would be amazing
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@michellepencz
Michelle Penczak
2 years
💗💗💗 we have an incredible team @gosquaredaway with an amazing mission - cheers to 2023!
@ShaneMac
Shane Mac
2 years
Congrats to @michellepencz and the @gosquaredaway team to kick off 2023 passing $20m in total revenue
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@michellepencz
Michelle Penczak
3 months
They may be feral at this point, but at least the storm has passed and they’re out of my house 🙌🏼
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@michellepencz
Michelle Penczak
4 years
@TheFeeneyFactor @nancy_hawa @glitch I think it’s more ‘bad’ managers lie
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@michellepencz
Michelle Penczak
5 years
Thank you to the women who inspire me and Squared Away to build a great company: @MeganMOConnor , @alixpeabody , @cschweitz , @lauriesegall , @jennylefcourt , @meggiepalmer , @nicolelapin
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@michellepencz
Michelle Penczak
4 years
Could someone please point me in the right direction so I can donate for kids to have WiFi? #asktwitter
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@michellepencz
Michelle Penczak
5 years
Our goal is to employ the over 300,000 military spouses out of work today. The current unemployment rate of military spouses is 25%. We, at Squared Away, are here to change that with a great job regardless of where you live. #thefutureisremote
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@michellepencz
Michelle Penczak
5 years
@julianne_bell @rachsyme Omg I love that you have bagel bites in there!
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@michellepencz
Michelle Penczak
3 years
Growing a company, solo parenting, deployment #5 , during a pandemic Basically this is my face for the foreseeable future 🥴
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@michellepencz
Michelle Penczak
2 months
Running a business is like a deployment—strategize, adapt, and execute. But remember, your team is your most important asset. Empower them, and you’ll move mountains together.
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@michellepencz
Michelle Penczak
5 years
@domm Uber for babysitters
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@michellepencz
Michelle Penczak
5 years
We had the pleasure of having @mitch_rossell on our team call today! The whole Squared Away crew had a blast and we’re so excited he took the time to give us a mini-concert 💕 Check him out on Spotify ASAP!
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@michellepencz
Michelle Penczak
3 months
Being busy DOES NOT mean you’re productive. Focus on what moves the needle, not what fills the calendar.
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@michellepencz
Michelle Penczak
5 years
Over the past 2 weeks, our churn has slowed (2 total) and we’ve actually had 5 contracts signed. I hope we’ve seen the bottom and can focus back on helping our clients save time and get more done.
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@michellepencz
Michelle Penczak
5 years
March 4th, I texted my co-founder @shanemac and discussed what our plan should be. We modeled out what losing 75% of customers looked like & how we’ll communicate to our team. It was the hardest thing I’ve ever done. It has really helped to write out the worst case scenario.
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@michellepencz
Michelle Penczak
2 months
In the spirit of being open, here’s our financials and numbers year to date: * We now have over 400 assistants and 1000s of customers. * Numbers for 2024: * ARR: $13.5m (projected. Doing over $1m MRR is wild!) * Net income $3.4m (projected) Growing over 50% YoY *
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@michellepencz
Michelle Penczak
5 years
I’ve never dealt with anything like this. Especially as CEO. I couldn’t have done it without our team coming together and truly stepping up to be there for each and every client.
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@michellepencz
Michelle Penczak
2 months
Stop consuming, start creating. Your voice matters. Your experiences are unique. Share them. That's how you build a personal brand that resonates. That's how you make an impact.
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@michellepencz
Michelle Penczak
5 years
We lost more customers in a month than in the 3 years we’ve been in business. 17 to be exact. In one month. That said, we're still able to work which we are thankful for. There are so many people who don’t have the luxury to work remotely like we do. So, we are grateful.
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@michellepencz
Michelle Penczak
4 years
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@michellepencz
Michelle Penczak
5 years
I hope sharing our financials helps other founders and CEOs. Please DM me anytime if you’d like to chat, I’m here to learn and help with you! Also, more women should do this, I only see men sharing their numbers! As @alixpeabody says, let’s #womanup
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@michellepencz
Michelle Penczak
4 years
To all of you who have reached out about Sawyer over the past few months, we finally have a diagnosis. Autism Level 2 Thank you again for your thoughts and prayers as we navigate these new waters for our family 💙
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@michellepencz
Michelle Penczak
4 years
Let’s talk numbers. October was our best month yet by far… # of team members: 142 # of customers: 217 # of client hours worked: 5,287 MRR: $266,300 ARR: $3,195,600 Payout to assistants: $151,116 Oct. net income: $66, 431 Customer churn: 0.5% churn (4/11)
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@michellepencz
Michelle Penczak
1 year
As a female CEO it’s exhausting to interact with dudes who think by throwing a tantrum & threatening to ‘take it to other channels’ I’ll bend to their requests. 1) My goal is to always take care of people 2) I’ve done my homework Bless.
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@michellepencz
Michelle Penczak
3 years
@Codie_Sanchez Dollars to donuts his wife was taking care of kiddos while he was plugging away
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@michellepencz
Michelle Penczak
4 years
Our growth numbers: YoY revenue: 291.2% YoY net income increase: 778% 🚨Quarterly payout to assistants: $650,290.07 I’m speechless to think that we paid over half a million dollars to military families in just one quarter. This is why we get out of bed every morning. (8/9)
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@michellepencz
Michelle Penczak
2 years
My new favorite shirt @gosquaredaway #delegate
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@michellepencz
Michelle Penczak
5 months
To be a great leader, delegate what drains you. Start with 'What do I hate doing?' Then ask 'What keeps me up at night?' There's your list.
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@michellepencz
Michelle Penczak
3 years
@ProductHunt The bra. Always the bra.
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@michellepencz
Michelle Penczak
4 years
Our most important metric is how many military spouses we help to employ. I’m so excited to share that we now work with over 140 military spouses! I remember when there were 2 of us and I feel so lucky to work with all of you. (2/11)
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@michellepencz
Michelle Penczak
3 years
Here’s to rocking year 35 😎💃🏻
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@michellepencz
Michelle Penczak
4 years
@domm One more - learn to delegate early. You can’t do it all yourself.
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@michellepencz
Michelle Penczak
4 months
@iabanon @emilykmay My sentiments exactly 🤣
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@michellepencz
Michelle Penczak
2 months
Your network is your net worth. But it's not about collecting connections. It's about building real relationships. Provide value first. Always.
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@michellepencz
Michelle Penczak
3 months
Loving our crew! Such an incredible, empowering, and supportive group that just wants to see each other succeed. Long overdue! 🙌🏼🙌🏼 Thank YOU @trentjhughes
@bradsmithcoach
Brad Smith
3 months
If you haven't heard of the Tribe by @trentjhughes - you are missing out! I joined last month and it's already paid back my time. Anyone that sends you a hand written card in the mail is a good person 😇 So far I've met some AMAZING entrepreneurs. @collin_ruth89
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@michellepencz
Michelle Penczak
4 years
We started Squared Away to ensure military spouses would never experience the same issues that I faced being a military spouse on the move. I’ll leave you with this and why we do what we do... (9/9) #squaredawaylife @gosquaredaway
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@michellepencz
Michelle Penczak
2 months
Ever feel like your to-do list is endless? That’s your sign to delegate. You don’t have to do it all alone. Focus on your strengths and let others help you succeed. Keep it simple.
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@michellepencz
Michelle Penczak
5 months
Is it a rule that you become grass-obsessed when you buy a house? Because suddenly I’m channeling my dad
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@michellepencz
Michelle Penczak
1 year
Check out our story on Inc!! So proud to be #297 this year!! 🎉❤️❤️
@gosquaredaway
Squared Away
1 year
Congratulations to the whole Squared Away team! We’re No. 297 on this year’s #Inc5000 list. We couldn't be more proud of our team and appreciative of where they've been able to take us! #GetSquaredAway Explore the full list on @Inc :
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@michellepencz
Michelle Penczak
4 years
@Amy_K_Nelson Prioritize and/or delegate them and then cut remaining meetings by 15-20 min. Having an agenda for each also helps keep everyone on track.
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@michellepencz
Michelle Penczak
2 months
Stop worrying about what others think. Start focusing on what you need to achieve. In business and in life, your only competition is yourself.
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@michellepencz
Michelle Penczak
2 months
But, what matters the most about that number is this: We’ve paid over $26m to military spouses and families over the past 6 years.
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@michellepencz
Michelle Penczak
3 years
@nicsigni I get it - those workout tan lines can be a bitch
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@michellepencz
Michelle Penczak
6 months
Did you know...a paper & pen to-do list can improve focus for people with ADHD? The physical act of writing can enhance focus and retention. Notepad and pen were a GAME CHANGER for me.
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@michellepencz
Michelle Penczak
5 years
I don’t know what’s going to happen next. What I do know is that we can adapt, stay positive, and do our best to help each other more than ever before.
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@michellepencz
Michelle Penczak
3 months
My niece just asked me what Blockbuster was. After I explained it to her, she said “I’m sorry but that’s too much work to watch a movie. Back in the old days y’all must’ve only done that once a month.” Then we discussed the very important difference between ‘old’ and ‘vintage’.
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@michellepencz
Michelle Penczak
5 months
They say you can judge a person's character by whether they put their grocery cart back. Are you a cart-returning hero or a parking lot rebel?
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@michellepencz
Michelle Penczak
5 years
We believe it is really important to know why customer’s churn. Churn reasons: 1. Sold company no budget anymore 2. Hired internally (we get recruitment fee) 3. No longer in their budget
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@michellepencz
Michelle Penczak
4 years
My husband’s birthday was yesterday. Per my 4 yr old’s request, we bought him 2 nerf guns. Now there’s a war going on in my house 😆
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@michellepencz
Michelle Penczak
4 months
@DreamDividend Followup dealbreaker questions: - bathroom situation? - ac or no?
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@michellepencz
Michelle Penczak
5 years
App idea - Uber for naps. Mama needs a nap so come watch my kids for 2 hours. Don’t kidnap them or let them burn the house down.
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@michellepencz
Michelle Penczak
4 months
Unpopular opinion: kids AND adults need time to be bored. It's not wasted time—it's a canvas for imagination. The best ideas often emerge from the quiet spaces between our thoughts. Embrace moments of stillness—they're the fertile ground where creativity takes root.
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@michellepencz
Michelle Penczak
2 months
Want to know the secret to work-life balance? There isn't one. It's all life. Integrate your passions, your work, your family. Create a life you don't need to escape from.
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@michellepencz
Michelle Penczak
3 months
The boys are convinced the choir of cicadas are an incoming alien invasion. Probably wouldn’t shock many at this point 😅
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@michellepencz
Michelle Penczak
4 months
@markzucksass @theficouple I love being a mom. But when my spouse comes home and thinks his opinion trumps mine every time when it comes to our kids - I’m basically considered the nanny by him. Not ok and after multiples years of therapy in regard to this - completely unacceptable by any “partner”.
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@michellepencz
Michelle Penczak
3 months
@eglyman One of the reasons we’re Ramp customers for life! @gosquaredaway The suggestions, ease of use, and client support is out of this world! We can’t recommend y’all enough 🙌🏼
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@michellepencz
Michelle Penczak
5 years
@ProductHunt Kiddie pool in my backyard
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@michellepencz
Michelle Penczak
5 months
@jhadawayfc After 30 that was a no-go my friend 😂
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@michellepencz
Michelle Penczak
5 years
Most of all, thank you to our team. Our military spouses make my day, make our customer’s day, and I couldn’t feel more inspired to work with all of you. I am so proud to work with all of you. #squaredawaylife #workanywhere
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@michellepencz
Michelle Penczak
3 years
👇🏻 the truth in these words
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@michellepencz
Michelle Penczak
3 months
@darrenmarble Keep sanity, working product, paying customers 🔥
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