WEBVTT - FLASHBACK - Knowing your numbers is the key to the bag w/ Courtney Adeleye

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<v Speaker 1>Afro Tech is back in Austin, Texas this November is

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<v Speaker 1>the place for all things black, tech and Web three.

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<v Speaker 1>The in person afro Tech Conference experience is bridging the

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<v Speaker 1>worlds of afro technologists, innovators, investors, corporations, musicians, and everyone

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<v Speaker 1>in between. So pull up, grab your crew, and grab

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<v Speaker 1>your tickets and join us at the largest black professional

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<v Speaker 1>conference of the gear. This experienced the afro Tech Dot

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<v Speaker 1>count to learn more. Okay, simon Seattle, as I kick

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<v Speaker 1>off my end of Q three into Q for Traveling

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<v Speaker 1>Sprint's typically the busiest time year for me, as I'm

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<v Speaker 1>back on road doing all the things. I'm not in

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<v Speaker 1>the studio this week Mountain Streets, but the show you

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<v Speaker 1>Better Believe goes on. Currently. I'm here in the Emerald

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<v Speaker 1>City of Seattle as a mentor for some black owned

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<v Speaker 1>businesses and startups working to accelerate. Next week, I'm in

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<v Speaker 1>l A for afro Tech Executive, a prestigious event for

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<v Speaker 1>black leaders in business, and I'm super excited about that,

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<v Speaker 1>and it's not too late to get your tickets to

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<v Speaker 1>be there as well so we can meet each other.

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<v Speaker 1>So this week's episode, I'm actually throwing it back to

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<v Speaker 1>what I did with Courtney Adelaia, who was CEO and

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<v Speaker 1>founder at the main choice of black wellness and hair

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<v Speaker 1>care brand. Because I speak to so many consumer package

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<v Speaker 1>good companies and the health and wellness space, even though

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<v Speaker 1>it with hair care products like I'm doing this week

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<v Speaker 1>here in seattle't I want to run this conversation back

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<v Speaker 1>for anyone who missed it because there's so many gyms

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<v Speaker 1>in it. It's full of thoughtful insights on why it's

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<v Speaker 1>so hard to break from the pack, of all the

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<v Speaker 1>people formulating hair and skincare products in the kitchens and basements,

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<v Speaker 1>to how to get on the shelves of major retailers

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<v Speaker 1>like Target. There's so much here and the content from

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<v Speaker 1>Courtney's advice is so timeless that I'm proud to have

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<v Speaker 1>this in the archives. So join me and then joining

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<v Speaker 1>this runback. Afro Tech, San Francisco, California, Frederick Hudson, co

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<v Speaker 1>founder and CEO at Pigeon Ley of technology that helps

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<v Speaker 1>you affordably stay connected with your inmate from any phone, tablet,

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<v Speaker 1>or computer. It's on the afro Tech stage telling the

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<v Speaker 1>story of how he and his co founder, Alfonso Brooks,

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<v Speaker 1>realized the opportunity for improving communications between loved ones and

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<v Speaker 1>state confederal inmates, and found success by leaning into their

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<v Speaker 1>unique perspective on the world. I'm gonna tell you how

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<v Speaker 1>we hustled from idea to a product market fit. Essentially, Uh,

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<v Speaker 1>the idea started with me. I started close to five

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<v Speaker 1>years in federal prison for distribution to marijuana. Don't feel

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<v Speaker 1>bad for me. It was lots and lots and lots

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<v Speaker 1>and lots of lots of marijuana and um. And it

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<v Speaker 1>was during that time I saw it this huge population

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<v Speaker 1>of people that no one is paying attention to, and

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<v Speaker 1>we all had the same problem. It was incredibly for

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<v Speaker 1>cool and super expensive to stay in touch with your loves.

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<v Speaker 1>So while I wasn't nice, I like to send the ladder.

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<v Speaker 1>It's like, y'all got this idea. We're just gonna we're

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<v Speaker 1>gonna make a million dollars. We're just gonna make it

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<v Speaker 1>real easy for people to send photos and to the

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<v Speaker 1>lowest in prison. No one's really done that yet. So

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<v Speaker 1>we get to the halfway house. I hit the mouther

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<v Speaker 1>and says, yeah, I'm with it. We take his student

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<v Speaker 1>loan money. We take his student loan money, and we

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<v Speaker 1>start building a product and you know, I just want

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<v Speaker 1>to go through some of the steps and some of

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<v Speaker 1>the things that we learned along the way, taking that

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<v Speaker 1>grand idea that you have in your head to actually

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<v Speaker 1>get something that has product market fit or more importantly,

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<v Speaker 1>that can get some traction. Because early on I made

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<v Speaker 1>the classics found of mistake. I thought my problem was

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<v Speaker 1>I needed to get money. I need to get fund

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<v Speaker 1>and I need to get fun, and I need to

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<v Speaker 1>get fun. I spent a lot of my time chasing dollars.

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<v Speaker 1>What I realized is if I focus more on the product,

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<v Speaker 1>all those other things come a lot easier. Whatever you're

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<v Speaker 1>working on has to be personal. You have to have

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<v Speaker 1>that strong way to win. For me, it was really

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<v Speaker 1>personal because I lived in and I had that experience.

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<v Speaker 1>I knew how it felt to be there. I knew

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<v Speaker 1>how it felt too, how important it was. And I

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<v Speaker 1>saw the direct connection between people being able to staying

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<v Speaker 1>in touch with the loaves on the prison and not

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<v Speaker 1>returning back to prison. There was a direct connection between

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<v Speaker 1>communication and the recitizens a break. And you need that

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<v Speaker 1>when those things gives out, because when it gets funky,

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<v Speaker 1>and it will get funky, you need that really strong wine,

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<v Speaker 1>that that real hard desire to win to kind of

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<v Speaker 1>get you to those moments, because ship will go sideways

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<v Speaker 1>more than you think. You gotta look for your unfair advantage.

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<v Speaker 1>For me, it was I was there, I understood it.

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<v Speaker 1>I've been there. I was the best person to fix

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<v Speaker 1>that problem because I knew what people needed. I knew

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<v Speaker 1>what they wanted, I knew what the market needed. Sometimes,

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<v Speaker 1>when we were early on, we went to our first

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<v Speaker 1>investors that our first pictures, Uh, people couldn't really wrap

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<v Speaker 1>the around or the brain around investing in number one

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<v Speaker 1>a black men, Number two a black men. That's also

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<v Speaker 1>a feling. I never went to college, so I had

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<v Speaker 1>to use my unfair advantage of because I knew this

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<v Speaker 1>market better than anyone else, I was the best person

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<v Speaker 1>suited to fix and adjust this problem. Your unfair advantage

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<v Speaker 1>can't be copied, that it can't be bought as uniquely yours.

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<v Speaker 1>Figure out and look internally and figure out what is

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<v Speaker 1>your unfair advantage or whatever idea of problem met you're

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<v Speaker 1>looking to solve and leverage that. I'm Will Lucas and

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<v Speaker 1>this is black tech, green money. I'm gonna introduce you

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<v Speaker 1>to some of the biggest names, some of the brightest

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<v Speaker 1>minds and brilliant ideas. If you're black, in building, or

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<v Speaker 1>simply using tech to secure your bag, this podcast is

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<v Speaker 1>for you. As founder and CEO of the main choice,

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<v Speaker 1>Courtney adelaide A Build her Hair empired in that sales

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<v Speaker 1>of over twenty five million her the last reports we

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<v Speaker 1>could find from September twenty nine. The company was acquired

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<v Speaker 1>by Math Beauty Brands. Her products are sold in over

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<v Speaker 1>twenty tho retail stores and boast a lineup of more

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<v Speaker 1>than ninety hair treatments vitamins. I asked Courtney about how

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<v Speaker 1>to scale of health, hair care or beauty brand and

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<v Speaker 1>remain profitable when the consumer is increasingly particular and highly

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<v Speaker 1>interested in the chemicals involved in making the products. I

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<v Speaker 1>think it's it's very important just to stay true to,

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<v Speaker 1>you know, really where you started. I think, you know,

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<v Speaker 1>different companies have a different initiative and how they get

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<v Speaker 1>to that growth. And a lot of companies say, well,

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<v Speaker 1>we'll get to that growth by changing the product a

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<v Speaker 1>little bit, making it more economical. Someone said, well, we'll

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<v Speaker 1>get to that growth by going international, by doing other things.

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<v Speaker 1>So for me, it's about staying true to what I

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<v Speaker 1>what I started saying two to my products and look

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<v Speaker 1>at those races to grow that we're not just jeopardized

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<v Speaker 1>or you know, paying to any type of thing that

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<v Speaker 1>I started, you know with the actual product itself. So

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<v Speaker 1>you really have to know your growth strategy and there's

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<v Speaker 1>different ways to get there. But you know, changing the

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<v Speaker 1>product for me that was never that was you know,

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<v Speaker 1>something that I just wouldn't stand for. When you look

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<v Speaker 1>at the field of black women and men who are

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<v Speaker 1>often beauty health wellness companies, do you think they go

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<v Speaker 1>hard enough? Like where what keeps them from achieving the

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<v Speaker 1>type of level of success you've achieved in this industry

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<v Speaker 1>generally speaking, do I think they go hard enough? I would,

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<v Speaker 1>I would have to Unfortunately, I would have to say no.

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<v Speaker 1>I think for some reason, people think that when you

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<v Speaker 1>operate on an average level, or if you're able to

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<v Speaker 1>excel um by just giving average. I think sometimes people

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<v Speaker 1>think that's enough. But in order to really scale something

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<v Speaker 1>and take it to the next level, it is going

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<v Speaker 1>to require blood, sweat and tears that I've come to

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<v Speaker 1>the conclusion most people are not willing willing to do,

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<v Speaker 1>you know, or they think that giving normal or average

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<v Speaker 1>is okay and it's not. What are some of those

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<v Speaker 1>mistakes that people cut corners on that keep them from like,

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<v Speaker 1>what are some of the typical things you see? I

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<v Speaker 1>think some of the typical things, uh, just the initiative.

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<v Speaker 1>You know, when I say you have to layer things on,

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<v Speaker 1>I mean you have to be from a social perspective,

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<v Speaker 1>you have to be you know, you have to put

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<v Speaker 1>yourself out there from a personal perspective, run your personal

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<v Speaker 1>social media as if it was a business, with strategy

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<v Speaker 1>and timing and win and professionalism. And then on the

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<v Speaker 1>flip side, you have the business, you have to do

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<v Speaker 1>the exact same way. So there's a lot of bells

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<v Speaker 1>and whistles that goes along with it that can be achieved,

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<v Speaker 1>but you just can't corners in regards to like the time,

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<v Speaker 1>it's twenty four hours a day. I have never since

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<v Speaker 1>I've been in business. But they do not disturb I'm

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<v Speaker 1>out of town email, you know what I mean. I

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<v Speaker 1>just never have I'm going to respond to it or

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<v Speaker 1>you know, I'm gonna get to it a little bit later.

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<v Speaker 1>But it's it's just NonStop. It's always, it's continuous. Now,

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<v Speaker 1>I love that you talked about the personal input, like

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<v Speaker 1>the personal profiles and et ceterer because I wanted to know, like,

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<v Speaker 1>how do you build a sellable asset, a sellable brand

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<v Speaker 1>without becoming so core to it that if you're not

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<v Speaker 1>the face of it any longer, it no longer works.

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<v Speaker 1>How do you do that? You got to look at

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<v Speaker 1>the bigger picture. I think for me, it was always

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<v Speaker 1>about building a business, building businesses and have an ability

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<v Speaker 1>to actually scale them, you know. So for me when

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<v Speaker 1>I work on the project, you know, I never get

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<v Speaker 1>into it like, Okay, I'm about to build this thing

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<v Speaker 1>to sell. But to be honest, this is how big

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<v Speaker 1>business goes. Like there's companies has created strategically how do

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<v Speaker 1>we position this thing to sell? But I think for

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<v Speaker 1>a lot of people entrepreneurs, it really doesn't work that

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<v Speaker 1>way because you have to attach yourself from a passion perspective,

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<v Speaker 1>and if you're constantly thinking I'm gonna sell it one day,

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<v Speaker 1>it's not going to necessarily do what you wanted to do,

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<v Speaker 1>you know what I mean. So you have to keep

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<v Speaker 1>your enterprize, which is it's being passionate about what it

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<v Speaker 1>is that you're working on and just again just give it,

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<v Speaker 1>give it your all. Is direct to consumer um a

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<v Speaker 1>better opportunity. These days, I think about, like, what what

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<v Speaker 1>is the process like to get into retail? Like so

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<v Speaker 1>many times you hear companies who spent thousands of dollars

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<v Speaker 1>getting boots at conventions and traveling the shows to you know,

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<v Speaker 1>do the Dog and Pony show. How is it really

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<v Speaker 1>accomplished to get into retail? Like how do you set

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<v Speaker 1>yourself apart when you got I think the most the

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<v Speaker 1>best way to think about getting into retail is to

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<v Speaker 1>not think about getting into retail. If you start your

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<v Speaker 1>business and you're constantly thinking what can I do to

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<v Speaker 1>solely get into retail, retailers are looking for businesses who

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<v Speaker 1>are actually popping outside of retail, so you have to

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<v Speaker 1>think about it. These are regular people, these buyers, There

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<v Speaker 1>are people just like you and me. They're taking a

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<v Speaker 1>chance on you. This is their job. So if you

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<v Speaker 1>have not shown that you can succeed outside of retail,

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<v Speaker 1>because some for some reason, people think that when you

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<v Speaker 1>get on the shelf, oh my god, not a retail

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<v Speaker 1>is gonna take off, the gonna advertise for you. You

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<v Speaker 1>have to drive your own business. So if you can't

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<v Speaker 1>survive outside of retail, you won't be able to survive inside.

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<v Speaker 1>So if you treat your e commerce website as if

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<v Speaker 1>it was a legit retail resources, strategy, finding a team,

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<v Speaker 1>how to build it, scaling it, making an assessment you

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<v Speaker 1>it's easy to get into retail. They know who you are.

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<v Speaker 1>The demand is there, people are talking about it. But

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<v Speaker 1>if you think about it a little bit less and

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<v Speaker 1>concentrate on your brand, on the growth of your company,

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<v Speaker 1>then retail is gonna be inevitable. It's almost like a DJ.

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<v Speaker 1>If you got a hot song, he's gonna play it.

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<v Speaker 1>You know what, if it's hot, it's hot. So you

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<v Speaker 1>have to focus on making your brand that hot that

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<v Speaker 1>once the retailer here, it it's automatic, like you're coming

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<v Speaker 1>in here automatically, you know, because we've heard about this brand.

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<v Speaker 1>The customers are calling. Now we're gonna come back to

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<v Speaker 1>the main choice. But I do want to talk about

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<v Speaker 1>you've got a master class now and you're teaching people,

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<v Speaker 1>you know, all across the CpG particularly may be helping

0:11:58.520 --> 0:12:00.800
<v Speaker 1>your hair and et cetera, how to do this. What

0:12:00.880 --> 0:12:02.839
<v Speaker 1>can you give me like the elevator pitch for this

0:12:02.880 --> 0:12:04.960
<v Speaker 1>master class and what they well, people get out of it.

0:12:05.960 --> 0:12:08.440
<v Speaker 1>I will say what they get out of UM is

0:12:08.480 --> 0:12:14.559
<v Speaker 1>that one on one giving you what you need, that

0:12:14.559 --> 0:12:17.280
<v Speaker 1>that's basically different from the next person. I think it

0:12:17.360 --> 0:12:19.640
<v Speaker 1>was hard for me to say, let me prerecord this

0:12:19.679 --> 0:12:23.040
<v Speaker 1>stuff and just like sell some type of master class.

0:12:23.080 --> 0:12:26.560
<v Speaker 1>But everybody needs something that's different, something that's customized. I

0:12:26.640 --> 0:12:28.760
<v Speaker 1>work with people who have no idea how to operate

0:12:28.800 --> 0:12:31.240
<v Speaker 1>social media. I work with people who have no idea

0:12:31.280 --> 0:12:33.559
<v Speaker 1>what the E I N and entity form and the

0:12:33.679 --> 0:12:36.880
<v Speaker 1>entity is. I work with people who have no concept

0:12:37.040 --> 0:12:39.880
<v Speaker 1>at all of a business. I work with people who

0:12:39.880 --> 0:12:42.760
<v Speaker 1>have sold over a million dollars. So there's it's hard

0:12:42.800 --> 0:12:45.280
<v Speaker 1>for me to prerecord something to say, well, this is

0:12:45.320 --> 0:12:48.079
<v Speaker 1>a one size fit all. Is not a one size

0:12:48.160 --> 0:12:50.840
<v Speaker 1>at all when you look at the route that journey,

0:12:50.920 --> 0:12:53.040
<v Speaker 1>every journey is going to be a little bit different.

0:12:53.360 --> 0:12:55.280
<v Speaker 1>And the only way that I'm able to do that

0:12:55.559 --> 0:12:58.839
<v Speaker 1>is by me physically sitting down talking and answer actually

0:12:58.880 --> 0:13:03.000
<v Speaker 1>those questions individually, because the responses is going to change.

0:13:03.160 --> 0:13:06.160
<v Speaker 1>It's going to be different across the board. UM. And

0:13:06.200 --> 0:13:08.000
<v Speaker 1>as I mentioned, you grew up in Detroit, and I

0:13:08.040 --> 0:13:10.640
<v Speaker 1>think about the work that you've done based on your success,

0:13:10.640 --> 0:13:13.160
<v Speaker 1>like the philanthropy work that you getting involved in you know,

0:13:13.200 --> 0:13:16.600
<v Speaker 1>you started to pay my bill program. Um, how much

0:13:16.720 --> 0:13:20.400
<v Speaker 1>of you know, the work that you do today speaks

0:13:20.440 --> 0:13:22.400
<v Speaker 1>to where you come from, like being from Detroit, And

0:13:22.600 --> 0:13:25.240
<v Speaker 1>because I talked about this often, being from the Midwest,

0:13:25.280 --> 0:13:27.240
<v Speaker 1>you know, forty five minutes away from where you grew up,

0:13:27.679 --> 0:13:31.319
<v Speaker 1>we were so heavily innundated with the manufacturing and automotive

0:13:31.360 --> 0:13:34.520
<v Speaker 1>and etcetera. And at least in Toledo, maybe in Detroit

0:13:34.559 --> 0:13:38.400
<v Speaker 1>it was different. We didn't have that entrepreneurial spirit you know,

0:13:38.520 --> 0:13:42.400
<v Speaker 1>percolating around us. But the people who were successful were

0:13:42.440 --> 0:13:45.720
<v Speaker 1>successful because they worked at GM or G or etcetera.

0:13:46.240 --> 0:13:49.320
<v Speaker 1>How how do you see your role as you know,

0:13:49.480 --> 0:13:52.280
<v Speaker 1>a role model to you know, and the giving that

0:13:52.360 --> 0:13:55.600
<v Speaker 1>you do as impactful for people who want to want

0:13:55.679 --> 0:13:59.040
<v Speaker 1>to have the kind of success that you've achieved. Um,

0:13:59.080 --> 0:14:01.440
<v Speaker 1>I would definitely say, you know, one thing about you know,

0:14:01.520 --> 0:14:04.400
<v Speaker 1>being from Detroit. Even if we didn't have what we

0:14:04.440 --> 0:14:09.000
<v Speaker 1>consider like that traditional you know, entrepreneurial leadership, what we

0:14:09.120 --> 0:14:11.839
<v Speaker 1>did have and what we continuously have, and I think

0:14:11.880 --> 0:14:15.160
<v Speaker 1>it's the same thing where where you from is that hustle.

0:14:15.800 --> 0:14:17.640
<v Speaker 1>At the end of the day, we're gonna find a

0:14:17.640 --> 0:14:20.920
<v Speaker 1>way to make ends meet, We're gonna find a way

0:14:21.000 --> 0:14:24.240
<v Speaker 1>to feed our family, you know, And I know for sure,

0:14:24.760 --> 0:14:28.920
<v Speaker 1>uh my foundation being from Detroit and just not giving up,

0:14:28.960 --> 0:14:32.840
<v Speaker 1>knowing that there's other opportunities that this door says, uh

0:14:33.000 --> 0:14:36.240
<v Speaker 1>it's closed, or as someone says, no, there's another opportunity

0:14:36.280 --> 0:14:38.240
<v Speaker 1>out there. So I may can't do it here, but

0:14:38.280 --> 0:14:41.240
<v Speaker 1>I can go around you and find someone else. So

0:14:41.440 --> 0:14:45.040
<v Speaker 1>I definitely believe, you know, having that that that whustle

0:14:45.680 --> 0:14:48.520
<v Speaker 1>um that I grew up in definitely helped achieved to

0:14:48.600 --> 0:14:51.440
<v Speaker 1>kind of you know where I am today. Sure, Yeah,

0:14:51.560 --> 0:14:53.400
<v Speaker 1>And I read that you a registered nurse, you know,

0:14:53.440 --> 0:14:57.200
<v Speaker 1>are in by background, and I imagine you probably didn't

0:14:57.240 --> 0:14:59.400
<v Speaker 1>imagine that that you would be doing what you're doing today,

0:14:59.720 --> 0:15:02.440
<v Speaker 1>Like how does that how do those looking back, how

0:15:02.440 --> 0:15:06.840
<v Speaker 1>do those steps piece together to allow you? Yeah, I

0:15:06.880 --> 0:15:09.720
<v Speaker 1>definitely believe having my my science background. One thing about

0:15:09.800 --> 0:15:13.320
<v Speaker 1>nursing is we're so rare around it, Like we have

0:15:13.440 --> 0:15:17.440
<v Speaker 1>to do science, chemistry, statistics, sociology, like there's so many

0:15:17.480 --> 0:15:20.200
<v Speaker 1>things that we have to go through, um, just to

0:15:20.240 --> 0:15:22.880
<v Speaker 1>become a nurse. And sometimes we hear about the nursing

0:15:22.920 --> 0:15:26.040
<v Speaker 1>shortage out there is not really a nursing shortage. It's

0:15:26.080 --> 0:15:28.760
<v Speaker 1>just that the people who are nurses are not entrepreneurs

0:15:29.000 --> 0:15:31.400
<v Speaker 1>and they're doing something else. It's one of the only

0:15:31.440 --> 0:15:33.960
<v Speaker 1>fields you can go in. And the day you graduate

0:15:34.400 --> 0:15:38.760
<v Speaker 1>and start working, you're now responsible for like many people live,

0:15:39.080 --> 0:15:41.640
<v Speaker 1>so you grow up overnight. Now you're thinking has to

0:15:41.720 --> 0:15:44.120
<v Speaker 1>be crisp, you have to be on point. You can't

0:15:44.160 --> 0:15:46.720
<v Speaker 1>make mistakes. There is no you a fresh new nurse,

0:15:47.440 --> 0:15:49.680
<v Speaker 1>We're gonna allow you room to have a mistake. Like,

0:15:49.840 --> 0:15:53.200
<v Speaker 1>that's not an option. So I know for sure, having

0:15:53.200 --> 0:15:57.120
<v Speaker 1>my medical background, just understanding even learning here from a

0:15:57.160 --> 0:16:00.240
<v Speaker 1>science perspective, I'm like, can we grow hair? Can black

0:16:00.320 --> 0:16:03.080
<v Speaker 1>women grow long hair? I never thought that I could

0:16:03.120 --> 0:16:05.280
<v Speaker 1>have hair all the way down to my waist. I

0:16:05.280 --> 0:16:08.160
<v Speaker 1>didn't think it was possible. But as I as I

0:16:08.160 --> 0:16:11.560
<v Speaker 1>started to mature and just really um just doing research,

0:16:11.640 --> 0:16:14.320
<v Speaker 1>I'm like, yeah, we can't achieve it if we do

0:16:14.480 --> 0:16:17.080
<v Speaker 1>things a little bit different. So now my science bright

0:16:17.160 --> 0:16:19.960
<v Speaker 1>ground is kicking in. Now I'm mixing things and and

0:16:19.960 --> 0:16:22.000
<v Speaker 1>and and testing things, and I'm like, no, we can

0:16:22.040 --> 0:16:25.600
<v Speaker 1>grow hair. And to grow my hair from here. All

0:16:25.640 --> 0:16:28.200
<v Speaker 1>my life as an adult, it's been here too, down

0:16:28.280 --> 0:16:31.920
<v Speaker 1>to my waist definitely tells me that there's a science

0:16:31.960 --> 0:16:48.920
<v Speaker 1>to it. We all know somebody who started their health

0:16:48.920 --> 0:16:52.280
<v Speaker 1>and wellness company, whether it be haircare or skincare, and

0:16:52.320 --> 0:16:53.880
<v Speaker 1>there's a point to where it makes sense for them

0:16:53.920 --> 0:16:56.840
<v Speaker 1>to make the products in their kitchens. There's also a

0:16:56.840 --> 0:16:58.680
<v Speaker 1>point to where it makes sense to go big and

0:16:58.720 --> 0:17:02.640
<v Speaker 1>find the manufacturer. But how do you know which manufacturers

0:17:02.640 --> 0:17:05.640
<v Speaker 1>a copactors to trust when the wrong batch can ruin

0:17:05.680 --> 0:17:09.960
<v Speaker 1>your brand for good. Courtney speaks on it. One thing

0:17:10.040 --> 0:17:13.200
<v Speaker 1>for me, um and that could say, you know, different folks,

0:17:13.200 --> 0:17:16.800
<v Speaker 1>different strokes. When it comes to anything that's like chemical

0:17:17.040 --> 0:17:21.040
<v Speaker 1>bound water base, I have to have that stuff done here,

0:17:21.240 --> 0:17:24.960
<v Speaker 1>Like when it comes to international I never felt comfortable

0:17:25.040 --> 0:17:29.320
<v Speaker 1>when necessarily doing any type of chemicals elsewhere. I made

0:17:29.320 --> 0:17:31.760
<v Speaker 1>this stuff in my kitchen. If someone is going to

0:17:31.880 --> 0:17:34.200
<v Speaker 1>duplicate it for me on the on the largest scale,

0:17:34.560 --> 0:17:37.520
<v Speaker 1>I must have the ability to walk in to see

0:17:37.560 --> 0:17:39.760
<v Speaker 1>if they're doing the right thing, using the right thing.

0:17:40.240 --> 0:17:43.479
<v Speaker 1>Nothing is changing, no chemicals, no extra chemicals, And I

0:17:43.520 --> 0:17:46.679
<v Speaker 1>think it's really about finding the right partner. This is

0:17:47.480 --> 0:17:52.320
<v Speaker 1>you literally can google right now a manufacturer and every

0:17:52.320 --> 0:17:54.320
<v Speaker 1>one of the biggest players in the game is going

0:17:54.359 --> 0:17:57.280
<v Speaker 1>to pop up. The problem is people don't sit down

0:17:57.280 --> 0:18:00.119
<v Speaker 1>and do the research and actually interview because at the

0:18:00.200 --> 0:18:03.160
<v Speaker 1>end of the day, they're working for you now. So

0:18:03.200 --> 0:18:05.560
<v Speaker 1>I think sometimes we feel a little intimidated, like, oh

0:18:05.600 --> 0:18:07.359
<v Speaker 1>my god, who do I reach out to. They're not

0:18:07.359 --> 0:18:10.359
<v Speaker 1>gonna think I'm big enough? But you're paying them. They

0:18:10.400 --> 0:18:13.800
<v Speaker 1>shouldn't have that. They can't change anything without your ability

0:18:13.840 --> 0:18:18.000
<v Speaker 1>to do so. Unfortunately, I was able to pay attention

0:18:18.040 --> 0:18:21.040
<v Speaker 1>to my e commerce dot com before I really needed

0:18:21.040 --> 0:18:24.240
<v Speaker 1>to go mass manufacturing because I was able to make

0:18:24.280 --> 0:18:27.200
<v Speaker 1>a lot of money right at home without necessarily cutting

0:18:27.200 --> 0:18:29.600
<v Speaker 1>the check to someone else. So when we look at

0:18:29.640 --> 0:18:32.359
<v Speaker 1>what is a tech to actually scale and to lose money.

0:18:32.560 --> 0:18:35.399
<v Speaker 1>But by this point, fortunately I have enough money to

0:18:35.440 --> 0:18:38.520
<v Speaker 1>start doing testing and making sure that chemists are doing

0:18:38.560 --> 0:18:41.040
<v Speaker 1>what they're doing. But I ran my company at home

0:18:41.119 --> 0:18:43.920
<v Speaker 1>for three years. I made ten million dollars at home,

0:18:44.000 --> 0:18:46.960
<v Speaker 1>so I'm gonna I'm gonna correct the twenty five because

0:18:47.280 --> 0:18:49.399
<v Speaker 1>I got to do that. So we hit a hundred

0:18:49.440 --> 0:18:55.040
<v Speaker 1>We hit a hundred million sales, but I was able

0:18:55.119 --> 0:18:58.160
<v Speaker 1>to do a lot of that at home. Like so again,

0:18:58.600 --> 0:19:01.400
<v Speaker 1>this is why if you don't let me express anything,

0:19:02.080 --> 0:19:05.000
<v Speaker 1>pay attention to your dot com that is just as

0:19:05.119 --> 0:19:09.119
<v Speaker 1>vital today as a retailer. It's even more vital today.

0:19:09.560 --> 0:19:12.800
<v Speaker 1>So so is it important that these people, women and

0:19:12.880 --> 0:19:17.440
<v Speaker 1>men who are building these wellness, haircare, beauty brands be

0:19:17.800 --> 0:19:21.000
<v Speaker 1>just as good at the craft as they are at

0:19:21.040 --> 0:19:25.640
<v Speaker 1>they at social media and marketing. How do you do that?

0:19:25.640 --> 0:19:27.800
<v Speaker 1>That's that's the tough part, and I think that was

0:19:27.840 --> 0:19:30.960
<v Speaker 1>one of my initiatives. But even having like the master classes,

0:19:31.359 --> 0:19:35.760
<v Speaker 1>because I understand that everybody may not have everything, and

0:19:35.800 --> 0:19:38.399
<v Speaker 1>I can say I have everything, but one thing about me.

0:19:38.440 --> 0:19:41.360
<v Speaker 1>When I look to expand my team, I'm looking at

0:19:41.680 --> 0:19:44.879
<v Speaker 1>the areas where I know are my weaknesses, you know

0:19:44.880 --> 0:19:46.760
<v Speaker 1>what I mean. So instead of me looking for to

0:19:46.840 --> 0:19:49.480
<v Speaker 1>hire someone to do what I do, I don't necessarily

0:19:49.480 --> 0:19:52.680
<v Speaker 1>need that. You if you if you know you're struggling

0:19:52.720 --> 0:19:54.879
<v Speaker 1>in some areas. And one thing about social media is this.

0:19:55.320 --> 0:19:58.199
<v Speaker 1>Sometimes they scare as people and they said, well, you know,

0:19:58.280 --> 0:20:00.320
<v Speaker 1>let me hire your social media manage I'm like, note,

0:20:00.560 --> 0:20:02.480
<v Speaker 1>if you tell my massive class, I'm like, no, we're

0:20:02.480 --> 0:20:04.600
<v Speaker 1>gonna learn it because this is the one of the

0:20:04.680 --> 0:20:08.080
<v Speaker 1>areas that you can do for free. The key is

0:20:08.200 --> 0:20:11.239
<v Speaker 1>necessarily sometimes not how much money you make, but how

0:20:11.320 --> 0:20:13.960
<v Speaker 1>much you can keep so if you don't necessarily have

0:20:14.040 --> 0:20:16.880
<v Speaker 1>to pay extra people to do these things. I want

0:20:16.920 --> 0:20:19.600
<v Speaker 1>to teach you how to run this thing yourself. And

0:20:19.680 --> 0:20:22.399
<v Speaker 1>once you start needing some help at this point, it

0:20:22.400 --> 0:20:24.520
<v Speaker 1>should be a man power help because you've got so

0:20:24.560 --> 0:20:27.879
<v Speaker 1>many orders you physically can't ship them yourself. But for

0:20:28.000 --> 0:20:30.920
<v Speaker 1>the things that you can do do I think people

0:20:30.960 --> 0:20:34.560
<v Speaker 1>can learn them? Yes, is it? It's it gonna be harder, Yes,

0:20:35.560 --> 0:20:38.560
<v Speaker 1>it's gonna take extra time. Yes. So I don't like to,

0:20:38.760 --> 0:20:40.760
<v Speaker 1>you know, tell people get them like false holds, like

0:20:40.800 --> 0:20:43.720
<v Speaker 1>this is so easy. It's not easy, but this is doable.

0:20:44.160 --> 0:20:46.440
<v Speaker 1>So if I if I can do it, I'm legit

0:20:47.160 --> 0:20:49.560
<v Speaker 1>telling you you can do it too. You can learn

0:20:49.600 --> 0:20:52.640
<v Speaker 1>how to do it too. Definitely, I'm glad you bring

0:20:52.640 --> 0:20:55.800
<v Speaker 1>this up because I've I've seen a lot of people

0:20:55.920 --> 0:20:58.680
<v Speaker 1>you know, with shape butter companies and lotion companies and

0:20:58.840 --> 0:21:01.399
<v Speaker 1>hair companies in the center, and I'd like you to

0:21:01.440 --> 0:21:04.560
<v Speaker 1>speak to like knowing your numbers a little bit, because

0:21:04.600 --> 0:21:07.199
<v Speaker 1>like how do you price in early? How do you

0:21:07.240 --> 0:21:09.960
<v Speaker 1>get to figuring out what those unit costs out? Like

0:21:10.000 --> 0:21:12.960
<v Speaker 1>what does it cost to make one bottle? Right? That

0:21:13.119 --> 0:21:17.240
<v Speaker 1>is such an interesting conversation and topic because it's the

0:21:17.320 --> 0:21:19.760
<v Speaker 1>number one pain point when I do the master classes,

0:21:20.520 --> 0:21:23.280
<v Speaker 1>I ask somebody their costs. Most people can't answer it.

0:21:23.800 --> 0:21:26.080
<v Speaker 1>How much does it cost you to make this this product?

0:21:26.240 --> 0:21:28.000
<v Speaker 1>Or they'll tell me, oh, it's this. I'm like, wait

0:21:28.000 --> 0:21:31.080
<v Speaker 1>a minute, are we talking about the top, the bottle,

0:21:31.240 --> 0:21:34.120
<v Speaker 1>the lead, the ingredients? And they're like, okay, well you okay,

0:21:34.200 --> 0:21:37.040
<v Speaker 1>let me add the Wait a minute, who ship this stuff?

0:21:37.560 --> 0:21:39.640
<v Speaker 1>Did it shipped from there to you? And who paid

0:21:39.680 --> 0:21:41.960
<v Speaker 1>for this shipping? Why pay for it when you have

0:21:42.000 --> 0:21:44.520
<v Speaker 1>to put this shipping costs in there? So if you

0:21:44.640 --> 0:21:47.600
<v Speaker 1>don't know your numbers, if you don't price your stuff right,

0:21:48.040 --> 0:21:51.240
<v Speaker 1>I've seen it once and I would definitely say that

0:21:51.520 --> 0:21:54.560
<v Speaker 1>is one of the leading causes why people cannot scale

0:21:54.560 --> 0:21:57.040
<v Speaker 1>their company. There are some people out there who have

0:21:57.200 --> 0:22:01.480
<v Speaker 1>good products, good services, but this stuff is not price

0:22:01.600 --> 0:22:04.760
<v Speaker 1>right and they're like, oh my god, I Legit had

0:22:04.840 --> 0:22:07.679
<v Speaker 1>ten thousand dollars in sales this month, but I have

0:22:07.840 --> 0:22:12.160
<v Speaker 1>zero dollars in my account. How your numbers is not right.

0:22:12.920 --> 0:22:15.000
<v Speaker 1>You can't even afford to run a sale if you

0:22:15.080 --> 0:22:18.880
<v Speaker 1>wanted to. You can't even get off. You can't get

0:22:18.880 --> 0:22:21.600
<v Speaker 1>free shipping if your numbers is not price where it's

0:22:21.600 --> 0:22:24.720
<v Speaker 1>supposed to be. So I think that's that's that's that's

0:22:24.760 --> 0:22:41.560
<v Speaker 1>definitely up. There is number one. There's number one. So

0:22:41.720 --> 0:22:45.200
<v Speaker 1>does it require building a CpG company consumer package of

0:22:45.240 --> 0:22:47.840
<v Speaker 1>good company? Does it require venture funding? How they? How

0:22:47.840 --> 0:22:51.800
<v Speaker 1>can you bootstrap this? No? I think nowadays, and I like,

0:22:52.000 --> 0:22:54.919
<v Speaker 1>I got a philosophy that says grow as you go.

0:22:56.080 --> 0:22:58.919
<v Speaker 1>That means you could go out there on social media.

0:22:59.320 --> 0:23:01.280
<v Speaker 1>You can, And this is why it's important that I

0:23:01.359 --> 0:23:04.240
<v Speaker 1>teach how to run social media and grow it because

0:23:04.240 --> 0:23:07.280
<v Speaker 1>these are quote unquote free ways to market. If you

0:23:07.359 --> 0:23:09.359
<v Speaker 1>make a dollar, and this is one thing I was

0:23:09.400 --> 0:23:14.000
<v Speaker 1>always committed to for years. Every dollar that I made,

0:23:14.280 --> 0:23:18.000
<v Speaker 1>I put it right back into my company. You spend

0:23:18.160 --> 0:23:21.440
<v Speaker 1>to five thousand dollars to build your company. And let's

0:23:21.480 --> 0:23:26.200
<v Speaker 1>say you you had four thousand dollars worth to sell, Well,

0:23:26.240 --> 0:23:29.080
<v Speaker 1>you still haven't made any money yet, you know what

0:23:29.160 --> 0:23:34.200
<v Speaker 1>I mean, because you spend five So that again, that's

0:23:34.240 --> 0:23:36.760
<v Speaker 1>that's that's the tough part. But can you grow as

0:23:36.800 --> 0:23:39.720
<v Speaker 1>you go? You don't necessarily have to get funding, you know.

0:23:39.880 --> 0:23:42.639
<v Speaker 1>And the one thing I always say, especially African Americans,

0:23:42.840 --> 0:23:45.920
<v Speaker 1>we don't need funding. We need support. That's what we need.

0:23:46.080 --> 0:23:48.919
<v Speaker 1>We need support. And I think if you have a

0:23:48.920 --> 0:23:52.040
<v Speaker 1>good connection with your consumer, which is one thing that's

0:23:52.119 --> 0:23:55.240
<v Speaker 1>top of my priority, I'm gonna make sure I give

0:23:55.280 --> 0:23:58.640
<v Speaker 1>a good product, make sure I ship on time, make

0:23:58.680 --> 0:24:02.840
<v Speaker 1>sure I'm transparent if there's any hiccups along the way.

0:24:03.240 --> 0:24:05.480
<v Speaker 1>You have to be transparent with your consumer. We have

0:24:05.640 --> 0:24:08.080
<v Speaker 1>we all have them. I never asked for someone to

0:24:08.119 --> 0:24:10.240
<v Speaker 1>give me a pass or I need two weeks to

0:24:10.240 --> 0:24:12.320
<v Speaker 1>get this product to you. If there's a hiccup, I'm

0:24:12.320 --> 0:24:15.560
<v Speaker 1>going to come to you directly as the owner. We've

0:24:15.560 --> 0:24:18.280
<v Speaker 1>had a hiccup. This is how I'm going to resolve it.

0:24:18.920 --> 0:24:21.680
<v Speaker 1>And when you do that, no one can. They can't

0:24:21.680 --> 0:24:24.840
<v Speaker 1>help but to respect that and appreciate it and support you.

0:24:25.240 --> 0:24:27.840
<v Speaker 1>So do you have to have funding? You don't. You

0:24:27.920 --> 0:24:33.240
<v Speaker 1>just need to really learn communication and relationships. And I

0:24:33.280 --> 0:24:36.600
<v Speaker 1>think that's key. Love it, Love it. Um. There's a

0:24:36.640 --> 0:24:38.640
<v Speaker 1>company I won't mention their name, but you'll know who

0:24:38.680 --> 0:24:41.600
<v Speaker 1>I'm talking about. Um. They were recently sold about a

0:24:41.720 --> 0:24:43.399
<v Speaker 1>year or two ago, and they put they were a

0:24:43.400 --> 0:24:46.000
<v Speaker 1>black company, put a white put a white woman in

0:24:46.040 --> 0:24:48.959
<v Speaker 1>an ad and it kind of set their audience off, like,

0:24:49.000 --> 0:24:51.960
<v Speaker 1>you know, black people are, particularly black women are really

0:24:51.960 --> 0:24:54.800
<v Speaker 1>really loyal. Um, but they but they put a white

0:24:54.800 --> 0:24:56.840
<v Speaker 1>woman in an ad after they have been sold. And

0:24:57.200 --> 0:25:02.080
<v Speaker 1>as as as companies grow, how can they grow without

0:25:02.200 --> 0:25:05.840
<v Speaker 1>risking that loyalty from being jeopardized? Like? Is there enough

0:25:05.920 --> 0:25:09.720
<v Speaker 1>market inside black communities with black products where we don't

0:25:09.760 --> 0:25:13.960
<v Speaker 1>have to look at other demographics? Well, it's it's a twofold.

0:25:14.000 --> 0:25:16.040
<v Speaker 1>First of all, I'm gonna say, obviously this is a

0:25:16.160 --> 0:25:21.000
<v Speaker 1>very it's a very uh sensitive topic. Let me just say,

0:25:21.119 --> 0:25:24.600
<v Speaker 1>let's start up by saying that two. I would say,

0:25:24.760 --> 0:25:27.560
<v Speaker 1>someone always told me you always want to begin with

0:25:27.640 --> 0:25:29.959
<v Speaker 1>the end in mind, and you don't know what that

0:25:30.000 --> 0:25:33.680
<v Speaker 1>necessarily is. The very first ad that I created when

0:25:33.680 --> 0:25:36.200
<v Speaker 1>I started out, had a black lady and a white

0:25:36.280 --> 0:25:40.240
<v Speaker 1>lady on the ad. My very first ad, I didn't

0:25:40.240 --> 0:25:42.720
<v Speaker 1>know what the future help for me. It was about

0:25:42.760 --> 0:25:46.880
<v Speaker 1>healthy hair, not necessarily a certain demographic. I'm African American,

0:25:46.960 --> 0:25:50.960
<v Speaker 1>so of course I'm going to get more African American support, right.

0:25:51.800 --> 0:25:54.880
<v Speaker 1>I think the problem happens is when you do something

0:25:55.040 --> 0:25:58.919
<v Speaker 1>abruptly out of the blue, never done it before, and

0:25:58.960 --> 0:26:01.760
<v Speaker 1>it's like, where where did this come from? Now it's

0:26:01.840 --> 0:26:05.760
<v Speaker 1>already sensitive, even if you haven't even even me having

0:26:05.760 --> 0:26:09.560
<v Speaker 1>that when the add day one is still sensitive. But

0:26:09.760 --> 0:26:11.760
<v Speaker 1>on the business side, I would like to flip it

0:26:11.800 --> 0:26:16.520
<v Speaker 1>and say this. I think sometimes people generally speaking, I'm

0:26:16.520 --> 0:26:18.720
<v Speaker 1>gonna have to sympathize a little bit with the beauty

0:26:18.760 --> 0:26:21.680
<v Speaker 1>industry because I think they go a little bit harder

0:26:21.680 --> 0:26:25.960
<v Speaker 1>on the beauty industry when you take entertainment. When you

0:26:26.000 --> 0:26:29.520
<v Speaker 1>go to these concerts and you see these tickets, Let's

0:26:29.560 --> 0:26:32.160
<v Speaker 1>say these tickets, you know they are best entertainers who

0:26:32.200 --> 0:26:38.359
<v Speaker 1>we love. Who's at the concerts? Is it just who's

0:26:38.680 --> 0:26:41.720
<v Speaker 1>who would it sell them to. I have yet seen

0:26:41.760 --> 0:26:45.240
<v Speaker 1>a billion dollar company that's not diverse, that doesn't sell

0:26:45.280 --> 0:26:49.320
<v Speaker 1>to more than one one demographic. I don't care who,

0:26:49.480 --> 0:26:52.280
<v Speaker 1>what color of the owner is. I have yet to

0:26:52.440 --> 0:26:57.280
<v Speaker 1>see it. Entertainment, liquor, you name it. But I think

0:26:57.320 --> 0:26:59.640
<v Speaker 1>what happens is and which which Which is cool? Because

0:26:59.680 --> 0:27:02.359
<v Speaker 1>I love the beauty industry. I think we're really passionate

0:27:02.520 --> 0:27:06.160
<v Speaker 1>when it comes to the beauty industry, especially hair care.

0:27:06.840 --> 0:27:08.840
<v Speaker 1>Hair care, you know, they're not giving us no passes.

0:27:11.040 --> 0:27:14.840
<v Speaker 1>That's pass They're like we we were like you know, cosmetic,

0:27:14.880 --> 0:27:17.920
<v Speaker 1>We'll go a little bit entertainment, clothing, but hair care,

0:27:19.720 --> 0:27:22.879
<v Speaker 1>it's suchy obviously, it's it's it's a very touchy and

0:27:22.960 --> 0:27:25.160
<v Speaker 1>I get it. At the end of the day. I'm

0:27:25.200 --> 0:27:28.239
<v Speaker 1>I am my consumer before anything. And I think if

0:27:28.240 --> 0:27:30.800
<v Speaker 1>a person know me, they know my initiative, they know

0:27:30.840 --> 0:27:33.600
<v Speaker 1>what I stand for, they know my track record. I

0:27:33.600 --> 0:27:38.040
<v Speaker 1>think it speaks for itself. Um. One thing about in business,

0:27:38.040 --> 0:27:41.480
<v Speaker 1>if you think about it, what's really a slap in

0:27:41.520 --> 0:27:43.920
<v Speaker 1>the face. And one thing I say about African American people.

0:27:43.960 --> 0:27:49.080
<v Speaker 1>Two things. What our shrimp is we're passionate. Our weakness

0:27:49.240 --> 0:27:54.520
<v Speaker 1>is we're passionate. You know what I mean. But but no, no, no,

0:27:54.680 --> 0:27:56.639
<v Speaker 1>Like I said, it's it's the beauty. It's it's a

0:27:56.720 --> 0:28:00.560
<v Speaker 1>very touchy. It's very touchy. Um. And the only thing

0:28:00.600 --> 0:28:03.439
<v Speaker 1>you can do is give your chee authentic self. And

0:28:03.480 --> 0:28:06.199
<v Speaker 1>again I think my track worker, you know, basically speaks

0:28:06.200 --> 0:28:21.879
<v Speaker 1>for itself. Black Tech Green Money is a production to

0:28:21.920 --> 0:28:24.720
<v Speaker 1>Black the Afro Tech and it's produced by Morgan Dubon

0:28:24.840 --> 0:28:28.360
<v Speaker 1>and meat Will Lucas, with additional production support by Love

0:28:28.440 --> 0:28:32.000
<v Speaker 1>Beach and Raven Nearport. Special thank you to Michael Davis.

0:28:32.040 --> 0:28:34.159
<v Speaker 1>It's the cars of Mine, Young you know, like the

0:28:34.160 --> 0:28:37.560
<v Speaker 1>wine and yes that's his real name. Learn more about

0:28:37.560 --> 0:28:40.200
<v Speaker 1>my guests and other tech disruptors and innovatives at afro

0:28:40.280 --> 0:28:44.160
<v Speaker 1>tech dot com. Go, get your money, peace and love.

0:28:49.000 --> 0:28:52.280
<v Speaker 1>Afro Tech is back in Austin, Texas this November is

0:28:52.320 --> 0:28:54.760
<v Speaker 1>the place for all things black, tech and web three.

0:28:55.040 --> 0:28:58.120
<v Speaker 1>The in person afro Tech Conference experience is bridging the

0:28:58.120 --> 0:29:03.560
<v Speaker 1>worlds of afro technologists, innovators, investors, corporations, musicians, and everyone

0:29:03.640 --> 0:29:06.280
<v Speaker 1>in between. So pull up, grab your crew, and grab

0:29:06.280 --> 0:29:09.120
<v Speaker 1>your tickets and join us at the largest black professional

0:29:09.160 --> 0:29:12.400
<v Speaker 1>conference of the gear. This experienced the afro Tech dot

0:29:12.480 --> 0:29:13.280
<v Speaker 1>coun To learn more