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Inside Dr. Becky Kennedy’s $34 million parenting empire
If you have young kids (or even if you don’t), you’ve probably seen clips of Dr. Becky. Full name Becky Kennedy, she’s a psychologist by training who five years ago started sharing her signature parenting concepts—modeling emotional regulation, setting boundaries, and recognizing so-called deeply feeling kids—on Instagram. Today she has 3.4 million Instagram followers, a company called Good Inside, and more than 100,000 subscribers who pay about $25 a month.
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My colleague Claire Zillman has an exclusive in _Fortune _on how Kennedy has turned parenting advice into a thriving business. She reports that Good Inside passed $34 million in revenue last year, growing more than 50% from the year prior. It’s raised $10.5 million in venture funding, including from Alexa von Tobel’s Inspired Capital.
Kennedy is in a way bringing the business of coaching to parenting. As Claire reports: “Today’s parents are seeking to improve their skills at home the same way they might hone their management skills at work. ‘Parenting,’ Kennedy explains, ‘is the ultimate form of leadership.'”
It’s a model that can attract critics. Is charging parents for advice a way of capitalizing on moms’ fears? Or is that view itself a form of misogyny? “I’ve never heard anyone say that executive coaches make CEOs anxious, right?” Kennedy says. “I don’t hear anyone saying money managers make people anxious with their finances, or basketball coaches or sports psychologists make athletes anxious in those fields.”
Read Claire’s full story here for more on that debate and the business of Dr. Becky.
Emma Hinchliffe
emma.hinchliffe@fortune.com
The Most Powerful Women Daily newsletter is Fortune’s daily briefing for and about the women leading the business world. Subscribe here.
ALSO IN THE HEADLINES
**A highlight of the Actor Awards. **(Newly renamed from the SAG Awards). One of the night’s honors went posthumously to Catherine O’Hara for her role in The Studio. Seth Rogen accepted the award on her behalf. He remembered “her ability to be generous and kind and gracious while never ever minimizing her own talents,” including by rewriting scenes for the show.
**Women’s hockey came out on top from the drama. **Gold medalists Hilary Knight and Megan Keller joined _Heated Rivalry _star Connor Storrie onstage at Saturday Night Live; the Hughes brothers were there too, with some joking around seemingly meant to display a sense that all is good between the men’s and women’s teams. Plus the PWHL’s Seattle Torrent (Knight’s team) set a new attendance record for a women’s hockey game in a U.S. arena in a sell-out game coming back from the Olympic break.
**Would you get Botox at Planned Parenthood? **California affiliate Planned Parenthood Mar Monte is turning to services like Botox to close a revenue gap after Medicaid cuts. The hope is aesthetic treatments will subsidize the health care the clinics hope to continue providing.
ON MY RADAR
Hannah Gadsby walked away from Netflix. Now the comedian explains why Washington Post
Nancy Mace opens up about her trauma, why she does what she does, and Donald Trump as ‘father figure’ Politico
Are we living in the age of Epstein? New Yorker
PARTING WORDS
**“Don’t say to me, ‘You’re looking so good today.’ I don’t want to hear it. Just help me up. That’s all.”
**
— Christina Applegate on what she wishes people knew about MS. Her new memoir is _You With the Sad Eyes _
This is the web version of MPW Daily, a daily newsletter for and about the world’s most powerful women. Sign up to get it delivered free to your inbox.