WEBVTT - Bobbi Brown

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<v Speaker 1>I think it's fair to say that I'm not an

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<v Speaker 1>expert on beauty or cosmetics, but I had a chance

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<v Speaker 1>racing to sit down with somebody who is an expert,

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<v Speaker 1>Bobby Brown. She launched an iconic company, Bobby Brown Cosmetics,

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<v Speaker 1>a number of years ago, and in twenty twenty, she

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<v Speaker 1>launched another company called Jones Road Beauty. I had a

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<v Speaker 1>chance to sit down with her recently to talk about

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<v Speaker 1>all of this and learned a lot more about beauty

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<v Speaker 1>than I knew before. Or let's talk about the cosmetics world,

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<v Speaker 1>which is not a world that I'm that familiar with.

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<v Speaker 1>When you built your initial company, it was, you know,

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<v Speaker 1>a gigantic success.

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<v Speaker 2>What was it like starting all over again?

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<v Speaker 1>One day You're in a big company, when a big parent,

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<v Speaker 1>and then you have to start all over again.

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<v Speaker 3>You know, it was really exciting and invigorating.

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<v Speaker 4>I felt like a young kid again when I started

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<v Speaker 4>Jones Road, and right before we launched, I definitely had

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<v Speaker 4>a sudden, like you know, like emotion of saying.

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<v Speaker 3>Uh, oh, what if I'm a one hit wonder.

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<v Speaker 4>I was a little scared, but then I just threw

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<v Speaker 4>it up into the wind and went for it.

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<v Speaker 1>Well, I can understand why you would have called your

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<v Speaker 1>first company Bobby Brown since that's your name, but Jones Road.

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<v Speaker 2>Where'd that name come from?

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<v Speaker 3>Well?

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<v Speaker 4>I sold the rights to Bobby Brown to Sdi Lauer

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<v Speaker 4>when we sold the company, so I couldn't use it again.

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<v Speaker 4>And why would I want to do something that I've

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<v Speaker 4>done before. So we needed a name because I wanted

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<v Speaker 4>to launch Jones Road the day my twenty five year

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<v Speaker 4>non compete was up. It was in twenty twenty, a

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<v Speaker 4>week before the presidential elections, and so I needed a

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<v Speaker 4>name and I didn't have one. And I was driving

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<v Speaker 4>to the Hamptons with my husband. My head was down

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<v Speaker 4>on ways and I looked down. I saw Jones Road

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<v Speaker 4>and he said. I said, Jones Road, Beauty. He said,

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<v Speaker 4>I like it, And that's how it became Jones Road.

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<v Speaker 1>Now, in my business, sometimes I'm familiar with non competes,

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<v Speaker 1>but I've never really heard of a twenty five year

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<v Speaker 1>non compete.

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<v Speaker 2>That's unusually long, isn't it.

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<v Speaker 1>Uh?

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<v Speaker 4>You know, I didn't know because when we sold the

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<v Speaker 4>company and my husband said, the deal is done, However,

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<v Speaker 4>they want you to sign a twenty five year non compete.

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<v Speaker 3>I was around thirty four years old.

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<v Speaker 4>And I had never heard of a noncompete, let alone

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<v Speaker 4>thought about a twenty five year one. But I thought

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<v Speaker 4>to myself, well, it's not a problem because I'm not

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<v Speaker 4>going to want to work when I'm in my sixties.

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<v Speaker 1>So in the cosmetics world, the giants over the years

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<v Speaker 1>have been Helena Rubinstein not related to.

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<v Speaker 3>It, right, Let's see Elizabeth Arden.

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<v Speaker 1>Elizabeth Arden, Charles Revsen, Max Factor, let's see who else,

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<v Speaker 1>Stay Lauder. And these were people that all invented something

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<v Speaker 1>novel all the time. Yes, and in your case, you

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<v Speaker 1>kind of invented what would you say?

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<v Speaker 4>I revolutionized natural looking makeup because it was not popular

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<v Speaker 4>at all. You know where foundations used to be white

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<v Speaker 4>and then painted in you know, cheek bones and all.

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<v Speaker 3>This artificial color.

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<v Speaker 4>Women looked better when they came in with no makeup

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<v Speaker 4>than after they had like a full on makeover. So

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<v Speaker 4>I started making products that were easy to apply and

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<v Speaker 4>just made you look better, like it was not complicated

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<v Speaker 4>to me.

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<v Speaker 2>Well, let's talk about why people put makeup on.

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<v Speaker 4>I personally believe that women wear makeup to feel better.

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<v Speaker 4>However you choose to wear your makeup, there's many different styles.

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<v Speaker 4>I think it is such an amazing thing to be

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<v Speaker 4>able to make yourself look and feel better. So for me,

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<v Speaker 4>it's the way you feel even more than the way

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<v Speaker 4>you look, if that makes sense. I like a more

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<v Speaker 4>natural makeup. There are plenty of makeup brands that cater

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<v Speaker 4>to women that like a very strong aesthetic that's just

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<v Speaker 4>not me or Jones Road.

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<v Speaker 3>So it really does depend.

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<v Speaker 1>What age do you think girls or young women should

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<v Speaker 1>put makeup on. I have a young granddaughter seven. At

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<v Speaker 1>what age is she going to come and say she

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<v Speaker 1>needs makeup?

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<v Speaker 2>Well?

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<v Speaker 4>I think that young girls are always love watching their

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<v Speaker 4>moms put makeup on. They love the colors. I have

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<v Speaker 4>a three year old granddaughter, Lily is quite good with

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<v Speaker 4>the lip gloss and puts my miracle bomb on my cheek.

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<v Speaker 4>Does she wear at a school. No, but it's you know,

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<v Speaker 4>it's going to be in her blood, so I don't

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<v Speaker 4>think it's ever a big deal. However, I've written two

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<v Speaker 4>books about teenage girls, and the only time I ever

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<v Speaker 4>tell you know, mothers to really pay attention if your

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<v Speaker 4>kids are doing things like putting black lipstick on and

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<v Speaker 4>looking you know, goth, you might want to just you know,

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<v Speaker 4>stop for a minute and check and say you know,

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<v Speaker 4>are they okay?

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<v Speaker 1>So who is the biggest customer for makeup? Is it

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<v Speaker 1>women who are let's say, in their teenage years, women

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<v Speaker 1>in their twenties, their thirties, the forties, the fifties. What

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<v Speaker 1>age group is the biggest customer for cosmetics?

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<v Speaker 4>Well, I think any woman is a customer for cosmetics

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<v Speaker 4>of any age. Jones wrote, our target audiences thirty, you know,

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<v Speaker 4>just in the sixties and some seventies. But I think

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<v Speaker 4>it is definitely, you know, changing now the big thing

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<v Speaker 4>are is makeup for young girls.

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<v Speaker 3>I don't understand.

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<v Speaker 4>I don't think seven and eight and nine year old

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<v Speaker 4>girls should worry about what's in.

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<v Speaker 3>Their skincare products.

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<v Speaker 4>But there's so much on social media now that it's

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<v Speaker 4>becoming a thing.

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<v Speaker 2>Let's talk about social media.

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<v Speaker 1>Some people say that influencers on social media are driving

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<v Speaker 1>people to buy the beauty products.

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<v Speaker 2>Is that true?

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<v Speaker 3>One hundred percent true?

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<v Speaker 4>But you know the great thing about social media, it's

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<v Speaker 4>a freeway to market your products. We're back in the day,

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<v Speaker 4>you know, you had to spend a ton of money

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<v Speaker 4>and do advertising. In this new world, it's much easier

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<v Speaker 4>to get your messages out there.

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<v Speaker 3>I wanted to share my three favorite products.

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<v Speaker 4>It's hard to choose. It's like which of my kids

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<v Speaker 4>do I like best? It depends what day it is.

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<v Speaker 1>Cosmetics and beauty products are sold today. Is it mostly

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<v Speaker 1>online through Amazon or is it that big retailers like Walmart.

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<v Speaker 4>I mean, there's definitely different distributions. My first brand was

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<v Speaker 4>in higher end stores. We launched in Bergdorf. Then we

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<v Speaker 4>were in sacks and Bendels, and by the time I

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<v Speaker 4>left the company, we had just started opening Macy's doors.

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<v Speaker 4>And that's how businesses grow is distribution. Jones Road has

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<v Speaker 4>been following a different playbook. We are direct to consumer.

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<v Speaker 4>Probably eighty five percent of our business is direct to

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<v Speaker 4>consumers through our own site, just online, and now we

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<v Speaker 4>have ten or eleven retail stores. We're in one account

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<v Speaker 4>department store, Liberty and London.

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<v Speaker 1>Well, some people say that the price of cosmetics and

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<v Speaker 1>makeup and beauty care products is relatively high because the

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<v Speaker 1>cost of packaging and the cost of advertising. Is that

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<v Speaker 1>a big factor in the pricing of your products?

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<v Speaker 3>Not my products, not our products? That is a big factor,

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<v Speaker 3>you know.

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<v Speaker 4>I come from a brand that spent a lot of

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<v Speaker 4>money on packaging and marketing, and teams Jones Road is

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<v Speaker 4>a different playbook. We spend money on marketing, but we

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<v Speaker 4>don't spend a ton of money on our packaging. Our

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<v Speaker 4>formula is our top notch, but our packaging is more

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<v Speaker 4>simple so we can keep the cost down.

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<v Speaker 2>What are your products made.

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<v Speaker 4>They're mostly made in the US, A lot of them

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<v Speaker 4>in New Jersey. They the pencils, like all cosmetics, pencils

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<v Speaker 4>are made in Germany. Our brushes are made in Italy.

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<v Speaker 4>You know, our packaging comes from Asia, not China. Mostly

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<v Speaker 4>it comes from Taiwan and other places.

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<v Speaker 1>So let's talk about for a moment the business of cosmetics.

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<v Speaker 2>Generally.

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<v Speaker 1>It's a business that's now really largely controlled by large

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<v Speaker 1>public corporations. I mean, your company's not public yet, but

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<v Speaker 1>is it mostly the large companies that are doing the

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<v Speaker 1>business of selling these products.

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<v Speaker 4>It's definitely mostly large companies. And you know, most founders

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<v Speaker 4>start these businesses for one reason to sell I mean

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<v Speaker 4>Jones Road, I mean, I never thought about selling Bobby

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<v Speaker 4>Brown cosmetics until we got you know, Leonard, we had

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<v Speaker 4>other people call. It was never in my mind that

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<v Speaker 4>that is something you would do. And so now I know,

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<v Speaker 4>evench someone the right person will come and honestly, it's like,

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<v Speaker 4>this is my passion and it's what I do.

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<v Speaker 1>So the trick and makeup is to look like you

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<v Speaker 1>don't have a lot of makeups.

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<v Speaker 2>Yes, what is the no makeup makeup? Look?

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<v Speaker 4>Well, it's choosing colors that work with your skin tone,

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<v Speaker 4>that don't make you too pale and don't make you

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<v Speaker 4>too bright. And if you are someone that is going

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<v Speaker 4>to wear a little bit of powder on camera, I

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<v Speaker 4>would probably just give you a.

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<v Speaker 3>Little bit and you're not going to look like you're

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<v Speaker 3>wearing it. And by the way, it's not supposed to

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<v Speaker 3>feel like you're wearing it. Who like, look, look at

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<v Speaker 3>how good you look?

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<v Speaker 1>So people are going to come up to me in

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<v Speaker 1>the next couple of minutes and say, wow, you look

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<v Speaker 1>so great.

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<v Speaker 3>Have you been on a vacation? Then I've done my.

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<v Speaker 2>Job, So what am I looking at here?

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<v Speaker 4>This is the famous product that started all this is

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<v Speaker 4>called Miracle Balm. And what you do it's a skincare

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<v Speaker 4>and makeup in one And what it is is you

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<v Speaker 4>dip your finger in it, You take it like this,

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<v Speaker 4>pat it on your cheeks. It gives you color, it

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<v Speaker 4>gives you a glow, use it on your neck, you

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<v Speaker 4>can even use it on your body. Comes in all colors,

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<v Speaker 4>and this is a miracle to most women because it

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<v Speaker 4>adds moisture and color to the skin.

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<v Speaker 1>When there's new product, do you have to look at

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<v Speaker 1>every new product and approve it before it goes out.

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<v Speaker 4>I don't want to call myself a micromanager, but I

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<v Speaker 4>date the product, I work with the team, I approve,

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<v Speaker 4>and then I am the one you know a year

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<v Speaker 4>later that says, uh oh, something shifted, what happened?

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<v Speaker 3>So yes, I am. I am very involved.

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<v Speaker 2>Let's talk about how you got into this business. So

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<v Speaker 2>were you.

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<v Speaker 3>Born Chicago, Suburbs of Chicago?

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<v Speaker 2>And what did your parents do?

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<v Speaker 3>They were twenty and twenty one when I was born.

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<v Speaker 3>My dad a lawyer.

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<v Speaker 4>My mom was always a homemaker, and by the time

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<v Speaker 4>they were twenty five, there were three of us that

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<v Speaker 4>lived in the house, you know, three three.

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<v Speaker 2>Kids, Okay, And so where'd you go to school?

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<v Speaker 4>I went to Nutrier High School, big high school in

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<v Speaker 4>the suburbs High Schoolka, Illinois, right Winetka and we'll met.

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<v Speaker 4>And really, what I think really taught me a lot

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<v Speaker 4>about life was being around my grandparents. Papa Sam, who

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<v Speaker 4>came from the Ukraine who came here not knowing anyone.

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<v Speaker 4>And by the time he was, you know, in his

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<v Speaker 4>elder years, he was very known in Chicago as Cadillac Sam.

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<v Speaker 4>He sold cars to all the big guys and some

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<v Speaker 4>of the gangsters, mayer Lanski, al Capone and work was

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<v Speaker 4>everything to Papa, followed by his family.

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<v Speaker 3>And so that's really what raised me.

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<v Speaker 1>So you graduated from Neutrier High School, then what'd you do?

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<v Speaker 4>I graduated six months early to follow a boyfriend went

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<v Speaker 4>to University of Wisconsin at Oshkosh because there was no

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<v Speaker 4>way I was getting into University University Wisconsin in Madison.

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<v Speaker 3>I didn't have the grades.

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<v Speaker 4>I was there six months and then transferred to University

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<v Speaker 4>of Arizona with all of my friends from high school

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<v Speaker 4>because school for me was about fun and not about

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<v Speaker 4>what I was going to learn. And at the end

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<v Speaker 4>of the year I told my mom I was going

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<v Speaker 4>to drop out, and she said, you can.

0:11:00.320 --> 0:11:02.840
<v Speaker 3>You have to go to college. She never did. Mom,

0:11:02.840 --> 0:11:04.600
<v Speaker 3>it's so boring, and.

0:11:04.480 --> 0:11:07.440
<v Speaker 4>She said, forget about anything, forget what you want to do.

0:11:07.800 --> 0:11:09.839
<v Speaker 4>If today's your birthday, you could do anything you want

0:11:09.880 --> 0:11:12.120
<v Speaker 4>to do. What would you want to do? And I said,

0:11:13.000 --> 0:11:15.000
<v Speaker 4>I don't know, maybe go to Marshall Fields and play

0:11:15.000 --> 0:11:17.199
<v Speaker 4>with makeup. She said, that's it. Why don't you be

0:11:17.240 --> 0:11:19.319
<v Speaker 4>a makeup artist? I said, I don't want to go

0:11:19.360 --> 0:11:22.640
<v Speaker 4>to beauty school. She said, I'm sure there's a college somewhere.

0:11:23.360 --> 0:11:25.439
<v Speaker 4>And through a friend of my dad's, I found Emerson

0:11:25.520 --> 0:11:28.400
<v Speaker 4>College in Boston, and they let me design my own

0:11:28.400 --> 0:11:29.240
<v Speaker 4>major and makeup.

0:11:29.360 --> 0:11:31.000
<v Speaker 3>It's Emerson Emerson, all.

0:11:30.960 --> 0:11:33.720
<v Speaker 2>Right, And so you majored in theatrical makeup.

0:11:33.520 --> 0:11:35.120
<v Speaker 3>Right with a minor in photography.

0:11:35.200 --> 0:11:36.600
<v Speaker 2>That's a very unusual combination.

0:11:36.840 --> 0:11:39.120
<v Speaker 3>Uh, it was my two things I liked, all right.

0:11:39.200 --> 0:11:41.840
<v Speaker 2>So then you graduated? Yes, and then would you do?

0:11:42.000 --> 0:11:43.319
<v Speaker 3>So I got a waitressing job.

0:11:43.960 --> 0:11:46.800
<v Speaker 4>I lied to get the job because I had no experience.

0:11:47.000 --> 0:11:49.280
<v Speaker 4>And I did that for a year, and then I

0:11:49.360 --> 0:11:52.800
<v Speaker 4>moved to New York. I didn't know anyone. I opened

0:11:52.880 --> 0:11:56.040
<v Speaker 4>up the Yellow Pages and looked up makeup models and

0:11:56.120 --> 0:11:59.760
<v Speaker 4>I just started cold calling people, and somehow I figured

0:11:59.760 --> 0:12:04.160
<v Speaker 4>out how to put a portfolio together, and I started

0:12:04.160 --> 0:12:07.400
<v Speaker 4>working as a freelance makeup artist. Really, the main thing

0:12:07.440 --> 0:12:09.959
<v Speaker 4>I wanted was to be in fashion, so I did

0:12:09.960 --> 0:12:13.920
<v Speaker 4>a lot of fashion shows. I eventually you did all

0:12:13.920 --> 0:12:16.960
<v Speaker 4>the magazines I got a Vogue cover. You know, I

0:12:17.000 --> 0:12:20.480
<v Speaker 4>started to get a name for myself and then lo

0:12:20.679 --> 0:12:24.960
<v Speaker 4>and behold. While I was working, I also somehow was

0:12:25.000 --> 0:12:28.199
<v Speaker 4>a frequent guest on Oprah Winfrey to go on there

0:12:28.200 --> 0:12:30.959
<v Speaker 4>and do makeup, and I became a regular on the.

0:12:30.920 --> 0:12:33.520
<v Speaker 2>Today Show talking about makeup.

0:12:33.360 --> 0:12:36.440
<v Speaker 4>Talking about makeup, which I did for fourteen years. Never

0:12:36.520 --> 0:12:39.680
<v Speaker 4>once talked about my products or my brand. I was

0:12:39.720 --> 0:12:40.360
<v Speaker 4>the expert.

0:12:40.520 --> 0:12:43.040
<v Speaker 2>When did you start Bobby Brown Cosmetics?

0:12:43.559 --> 0:12:49.480
<v Speaker 4>Started Bobby Brown Cosmetics when I married my husband and

0:12:49.520 --> 0:12:53.600
<v Speaker 4>we moved to Montclair, New Jersey, because I didn't want

0:12:53.640 --> 0:12:57.280
<v Speaker 4>to be in New York City. And then I just

0:12:57.400 --> 0:13:00.000
<v Speaker 4>had this idea I didn't want to travel anymore for work,

0:13:00.080 --> 0:13:02.680
<v Speaker 4>because being a freelance makeup artist, you're always on a

0:13:02.720 --> 0:13:06.360
<v Speaker 4>plane going some exotic place. And I just said, you know,

0:13:07.520 --> 0:13:10.439
<v Speaker 4>why don't I know, think of something else. I met

0:13:10.480 --> 0:13:13.680
<v Speaker 4>a chemist at a shoot and told him how much

0:13:13.679 --> 0:13:16.200
<v Speaker 4>I hated lipstick that was in the market and what

0:13:16.280 --> 0:13:17.760
<v Speaker 4>I was looking for, and he said, I can make

0:13:17.760 --> 0:13:18.120
<v Speaker 4>it for you.

0:13:18.920 --> 0:13:20.360
<v Speaker 3>So he did. He made me a.

0:13:20.360 --> 0:13:24.280
<v Speaker 4>Lipstick and I thought, wow, this is like amazing. I

0:13:24.280 --> 0:13:27.400
<v Speaker 4>bet I could sell it to my friends, to models,

0:13:28.120 --> 0:13:29.360
<v Speaker 4>and I started doing that.

0:13:29.840 --> 0:13:33.319
<v Speaker 1>So you ultimately started a company which had ten different

0:13:33.360 --> 0:13:34.719
<v Speaker 1>shades from lipstick right M.

0:13:35.240 --> 0:13:37.520
<v Speaker 4>And I sold him out of my house and my

0:13:37.640 --> 0:13:41.000
<v Speaker 4>husband would mail them. They didn't even have a box.

0:13:41.080 --> 0:13:44.000
<v Speaker 4>They were in an envelope, so they were, you know,

0:13:45.440 --> 0:13:48.640
<v Speaker 4>very indeed. We put the ingredients on a card and

0:13:48.679 --> 0:13:50.760
<v Speaker 4>started shipping them. And then one day we were at

0:13:50.760 --> 0:13:53.960
<v Speaker 4>a party and I said, you know, thanked the hostess

0:13:54.360 --> 0:13:57.080
<v Speaker 4>for inviting us. I had never met her before, and

0:13:57.160 --> 0:13:58.880
<v Speaker 4>she said she was a fan of mine. I'm like, oh,

0:13:58.960 --> 0:14:01.160
<v Speaker 4>you know who I am. That's so nice. I said,

0:14:01.160 --> 0:14:04.040
<v Speaker 4>what do you do? She said, oh, I'm a cosmetics buyer,

0:14:04.080 --> 0:14:08.280
<v Speaker 4>a Birgdorf Goodman. I said, oh, I sell these cosmetics

0:14:08.280 --> 0:14:11.959
<v Speaker 4>out of my house. And she agreed to take them

0:14:11.960 --> 0:14:13.040
<v Speaker 4>and sell them at Burgdorf.

0:14:13.960 --> 0:14:16.560
<v Speaker 1>And the venture capitalist didn't come along and said we'd

0:14:16.559 --> 0:14:18.080
<v Speaker 1>like a piece of your company and we'll give you

0:14:18.120 --> 0:14:19.120
<v Speaker 1>some money, or did you just.

0:14:19.560 --> 0:14:22.160
<v Speaker 3>And you know what, we totally financed it ourselves.

0:14:22.680 --> 0:14:25.600
<v Speaker 4>And you know, I didn't know those people back then.

0:14:26.000 --> 0:14:28.920
<v Speaker 4>We had people reach out to us, you know, when

0:14:28.920 --> 0:14:31.800
<v Speaker 4>our business started to grow that wanted to buy us.

0:14:31.840 --> 0:14:34.880
<v Speaker 4>We weren't for sale until we got a call from

0:14:34.960 --> 0:14:37.960
<v Speaker 4>Leonard latter because I fell madly in love.

0:14:38.520 --> 0:14:40.040
<v Speaker 3>You know, at first sight I.

0:14:40.000 --> 0:14:42.640
<v Speaker 1>Did know Leonard a very impressive person. So he convinced

0:14:42.680 --> 0:14:44.680
<v Speaker 1>you to sell the company, right.

0:14:44.760 --> 0:14:46.960
<v Speaker 4>I think we were maybe four and a half years

0:14:47.040 --> 0:14:49.240
<v Speaker 4>in business when we sold the company to Leonard.

0:14:49.680 --> 0:14:51.720
<v Speaker 1>And so when you did that, you kept the name

0:14:51.840 --> 0:14:54.040
<v Speaker 1>Bobby Brown Cosmetics or did you say.

0:14:53.880 --> 0:14:56.240
<v Speaker 3>Well, they bought it. I mean it was called Bobby

0:14:56.280 --> 0:14:57.000
<v Speaker 3>Brown Cosmetic.

0:14:57.000 --> 0:14:59.680
<v Speaker 2>It was, but it was still called that Bobby Brown Cosmetics.

0:15:00.080 --> 0:15:01.360
<v Speaker 2>To say with stay law.

0:15:01.560 --> 0:15:03.920
<v Speaker 4>Now we were the second brand they bought that they

0:15:03.920 --> 0:15:09.600
<v Speaker 4>didn't make internally. And Leonard's thing was to run everything independently.

0:15:10.080 --> 0:15:13.880
<v Speaker 4>Everything about Leonard was supporting the founder, supporting the integrity

0:15:13.880 --> 0:15:16.840
<v Speaker 4>of the brand. When we first joined S. D. Lauder,

0:15:17.160 --> 0:15:20.240
<v Speaker 4>I'll never forget, they wanted our lipsticks to be made

0:15:20.440 --> 0:15:23.920
<v Speaker 4>in their lab, and so it was, you know, we

0:15:23.960 --> 0:15:26.520
<v Speaker 4>started the project and it was terrible. I couldn't recreate

0:15:26.560 --> 0:15:29.680
<v Speaker 4>them properly. And finally Leonard got involved. He said, absolutely

0:15:29.720 --> 0:15:33.440
<v Speaker 4>not if you you know, if you do not, if

0:15:33.480 --> 0:15:36.120
<v Speaker 4>you change them, women are going to know. So note

0:15:36.160 --> 0:15:38.760
<v Speaker 4>we will work with the lab that makes your lipsticks.

0:15:38.880 --> 0:15:42.200
<v Speaker 1>Well, Bobby Brown Cosmetics, did they sell in the same

0:15:42.200 --> 0:15:44.240
<v Speaker 1>place at Stay later would sell, which is the big

0:15:44.280 --> 0:15:45.040
<v Speaker 1>department source.

0:15:45.320 --> 0:15:48.520
<v Speaker 4>Well, when Leonard approached me, we were the number one

0:15:48.520 --> 0:15:51.720
<v Speaker 4>line in Neiman Marcus and Bergdorf. So we were beating

0:15:51.800 --> 0:15:55.080
<v Speaker 4>STI Latter's in the store and we did not even

0:15:55.160 --> 0:15:56.160
<v Speaker 4>have a full line.

0:15:56.240 --> 0:15:58.040
<v Speaker 3>It was it was really a phenomenon.

0:15:58.520 --> 0:16:02.440
<v Speaker 1>So as you worked through Stay Lawder for some twenty

0:16:02.520 --> 0:16:05.320
<v Speaker 1>plus years, yeah, you were building the brand, building the brand.

0:16:05.720 --> 0:16:08.720
<v Speaker 1>And now when you left Stay Lauder, you decided to

0:16:08.720 --> 0:16:10.160
<v Speaker 1>start a new company, right.

0:16:10.120 --> 0:16:14.560
<v Speaker 4>Right, I left s D Latter? Did I quit or

0:16:14.600 --> 0:16:16.720
<v Speaker 4>get fired? To me, I got fired?

0:16:17.400 --> 0:16:18.840
<v Speaker 2>So why would they fire you?

0:16:18.960 --> 0:16:22.160
<v Speaker 4>Because there was a lot of angst in the year

0:16:22.280 --> 0:16:24.800
<v Speaker 4>or so before I left, And it's all in my

0:16:24.920 --> 0:16:28.640
<v Speaker 4>biography so or in my memoir, so it's all out there.

0:16:29.200 --> 0:16:29.800
<v Speaker 3>It was tough.

0:16:29.840 --> 0:16:32.960
<v Speaker 4>I mean, Leonard wasn't as involved, and when you know,

0:16:33.080 --> 0:16:35.960
<v Speaker 4>in the company and there was a new you know

0:16:36.160 --> 0:16:39.080
<v Speaker 4>CEO and a new you know, a lot of new

0:16:39.080 --> 0:16:42.240
<v Speaker 4>things were happening, and it was not a good time

0:16:42.280 --> 0:16:42.680
<v Speaker 4>at all.

0:16:42.840 --> 0:16:45.640
<v Speaker 3>And so it was it was.

0:16:45.680 --> 0:16:47.760
<v Speaker 4>It was honestly, really tough, and it's the best thing

0:16:47.800 --> 0:16:49.160
<v Speaker 4>that ever happened to me getting fired.

0:16:49.200 --> 0:16:50.080
<v Speaker 3>If you want to know the truth.

0:16:50.280 --> 0:16:52.240
<v Speaker 1>Okay, So because now you can start your own company

0:16:52.280 --> 0:16:55.640
<v Speaker 1>once to noncompete, right, yes, but why not say, look,

0:16:55.680 --> 0:16:58.040
<v Speaker 1>I already conquered the cosmetics world once.

0:16:58.080 --> 0:16:59.400
<v Speaker 2>Why do I have to do it a second time?

0:16:59.560 --> 0:17:02.160
<v Speaker 4>Why I wasn't planning on doing it? Like I didn't

0:17:02.200 --> 0:17:03.480
<v Speaker 4>you know when it first happened.

0:17:03.520 --> 0:17:03.960
<v Speaker 3>I know.

0:17:04.600 --> 0:17:07.120
<v Speaker 4>It was twenty two years of having a full calendar,

0:17:07.200 --> 0:17:10.919
<v Speaker 4>full schedule. Cars follow me around, pr people you know

0:17:11.000 --> 0:17:13.840
<v Speaker 4>with clipboards, follow me around, and all of a sudden

0:17:13.960 --> 0:17:15.800
<v Speaker 4>it was gone. I didn't know what it was going

0:17:15.840 --> 0:17:17.119
<v Speaker 4>to do, and I didn't think I was going to

0:17:17.160 --> 0:17:19.160
<v Speaker 4>start another cosmetics company.

0:17:19.800 --> 0:17:22.720
<v Speaker 1>If you could give advice to the twenty five year

0:17:22.720 --> 0:17:26.000
<v Speaker 1>old Bobby Brown, what would the advice be? You wish

0:17:26.119 --> 0:17:28.680
<v Speaker 1>you had known then something you know now.

0:17:29.040 --> 0:17:31.480
<v Speaker 4>She wouldn't have listened, but I would have told her

0:17:31.480 --> 0:17:34.480
<v Speaker 4>to chill and relax. It's all going to be fine.

0:17:34.680 --> 0:17:37.520
<v Speaker 1>When you have successful companies, you obviously get some money,

0:17:37.520 --> 0:17:39.120
<v Speaker 1>and you can have money you can give it away.

0:17:39.160 --> 0:17:42.680
<v Speaker 1>And are there particular philanthropies or charitable things that you're

0:17:42.760 --> 0:17:43.400
<v Speaker 1>engaged with.

0:17:43.800 --> 0:17:46.600
<v Speaker 4>Well, we have an organization in our hometown called reaching

0:17:46.640 --> 0:17:50.560
<v Speaker 4>Out Montclair, our affluent town is not just an affluent town.

0:17:50.640 --> 0:17:52.080
<v Speaker 3>So that's like something.

0:17:52.119 --> 0:17:54.159
<v Speaker 4>And you know, my husband and I have given to

0:17:54.160 --> 0:17:56.720
<v Speaker 4>all of our colleges. You know, there's a Bobby Brown,

0:17:56.760 --> 0:18:00.800
<v Speaker 4>Stephen Ploffker, Jym at Emerson. We have something at and

0:18:00.800 --> 0:18:06.560
<v Speaker 4>at Harvard, and you know, different times we have different philanthropic.

0:18:06.640 --> 0:18:08.800
<v Speaker 1>So you ever go back to Emerson and say, see

0:18:08.800 --> 0:18:12.159
<v Speaker 1>what you get did for me? I graduated created this

0:18:12.200 --> 0:18:14.240
<v Speaker 1>big business. Are you very famous graduate? I guess you

0:18:14.240 --> 0:18:16.159
<v Speaker 1>were one of the more famous graduates.

0:18:16.040 --> 0:18:16.240
<v Speaker 3>You know.

0:18:16.400 --> 0:18:19.200
<v Speaker 4>I actually I do go back and I just went

0:18:19.280 --> 0:18:22.680
<v Speaker 4>back for a talk when my memoir when I did

0:18:22.680 --> 0:18:26.040
<v Speaker 4>the Boston the Boston Talk, and it was really we

0:18:26.119 --> 0:18:28.040
<v Speaker 4>did it in the in the gym, so it was

0:18:28.080 --> 0:18:28.840
<v Speaker 4>really nice.

0:18:29.200 --> 0:18:32.240
<v Speaker 1>People go into a free standing store to buy cosmetics

0:18:32.320 --> 0:18:33.359
<v Speaker 1>or beauty products.

0:18:33.520 --> 0:18:35.159
<v Speaker 2>What is the chance they're going to walk out not

0:18:35.240 --> 0:18:36.160
<v Speaker 2>having bought anything.

0:18:36.440 --> 0:18:38.639
<v Speaker 4>As long as they walk out with a sample that

0:18:38.720 --> 0:18:40.080
<v Speaker 4>we give them, I'm happy.

0:18:40.760 --> 0:18:44.080
<v Speaker 1>And the markups in this business are still reasonably good.

0:18:44.080 --> 0:18:47.080
<v Speaker 1>That the margins you'd say, resentably good in the retail products.

0:18:47.600 --> 0:18:50.400
<v Speaker 4>We make sure that we have a good, you know,

0:18:50.680 --> 0:18:52.840
<v Speaker 4>price point, and we make sure that we have a

0:18:52.880 --> 0:18:55.600
<v Speaker 4>good profit. I'm one of those weird people I really

0:18:55.600 --> 0:18:56.399
<v Speaker 4>believe in profit.

0:18:56.640 --> 0:19:00.000
<v Speaker 1>Now your new brand is focused more on I let's say,

0:19:00.119 --> 0:19:01.879
<v Speaker 1>healthy and wellness to some extent.

0:19:02.560 --> 0:19:04.320
<v Speaker 2>So why is it.

0:19:04.280 --> 0:19:07.960
<v Speaker 1>Healthier to put on Jones Jones Road than Bobby Brown

0:19:08.200 --> 0:19:10.200
<v Speaker 1>or what's different about it that makes it healthier?

0:19:10.400 --> 0:19:13.800
<v Speaker 4>Well, when I started Jones Road, I was on my own,

0:19:14.160 --> 0:19:18.360
<v Speaker 4>you know, path to really being the healthiest version of myself.

0:19:18.440 --> 0:19:20.720
<v Speaker 4>So I went back to school my degree as a

0:19:20.760 --> 0:19:24.720
<v Speaker 4>health coach. I started only eating organic when I can,

0:19:25.119 --> 0:19:27.719
<v Speaker 4>and I started cleaning up you know what chemicals are

0:19:27.760 --> 0:19:31.480
<v Speaker 4>in my products. And when I finally decided to really

0:19:31.560 --> 0:19:36.280
<v Speaker 4>try to create a new beauty product, I was not

0:19:36.359 --> 0:19:38.960
<v Speaker 4>going to do a traditional product. I really was curious

0:19:39.000 --> 0:19:41.960
<v Speaker 4>if it was even possible to create something out of

0:19:42.119 --> 0:19:46.119
<v Speaker 4>clean because the market has had shifted where women wanted

0:19:46.520 --> 0:19:49.760
<v Speaker 4>clean makeup. So I didn't do it because I didn't

0:19:49.800 --> 0:19:52.879
<v Speaker 4>believe in traditional I did it because I didn't know

0:19:52.880 --> 0:19:55.040
<v Speaker 4>if it was possible to do and I proved that

0:19:55.080 --> 0:19:55.399
<v Speaker 4>it was.

0:19:56.119 --> 0:19:58.720
<v Speaker 1>And can you tell if they're wearing one of your products?

0:19:58.960 --> 0:20:02.040
<v Speaker 4>Usually if there's a nice and a highlight on the cheek,

0:20:02.119 --> 0:20:05.560
<v Speaker 4>I could you know? And I know, And often people

0:20:05.640 --> 0:20:07.840
<v Speaker 4>come up to me and they like you know, point

0:20:07.880 --> 0:20:10.560
<v Speaker 4>to something and say Dusty Rose sun.

0:20:10.480 --> 0:20:13.080
<v Speaker 2>Kissed, and you say buy more.

0:20:13.800 --> 0:20:14.800
<v Speaker 3>No, I'd say great.

0:20:15.640 --> 0:20:18.760
<v Speaker 1>So today, if I wanted to start a company, I

0:20:18.800 --> 0:20:21.400
<v Speaker 1>wanted to be Bobby Brown and I want to start

0:20:21.400 --> 0:20:24.680
<v Speaker 1>a cosmetics company, what would you recommend that I do?

0:20:25.320 --> 0:20:25.600
<v Speaker 3>Well?

0:20:25.640 --> 0:20:28.200
<v Speaker 4>First of all, there's nothing easy in life in general.

0:20:28.600 --> 0:20:31.040
<v Speaker 4>But if you're a kid that is just coming out

0:20:31.119 --> 0:20:34.800
<v Speaker 4>of college or even business school, I'd say go work

0:20:34.840 --> 0:20:37.320
<v Speaker 4>for someone for a year, you know, go really like

0:20:37.800 --> 0:20:41.320
<v Speaker 4>learn what you can before you start something, and maybe

0:20:41.359 --> 0:20:45.119
<v Speaker 4>start ideating and thinking what your company would be before

0:20:45.160 --> 0:20:47.560
<v Speaker 4>you decide to do it. Don't start with the deck

0:20:47.600 --> 0:20:50.360
<v Speaker 4>and investment like people make that mistake.

0:20:50.480 --> 0:20:51.400
<v Speaker 3>Start with a product.

0:20:51.920 --> 0:20:55.720
<v Speaker 1>So today, if you are going to build this company out,

0:20:56.040 --> 0:20:59.280
<v Speaker 1>is it your goal to ultimately find another Esday lauder

0:20:59.640 --> 0:21:01.680
<v Speaker 1>or to take it public or just keep it private

0:21:01.800 --> 0:21:02.600
<v Speaker 1>owned by the family.

0:21:02.760 --> 0:21:05.919
<v Speaker 4>You know, I don't know. I you know, I'm sixty

0:21:05.920 --> 0:21:09.080
<v Speaker 4>eight years old. It's been five years. You know, the

0:21:09.080 --> 0:21:12.440
<v Speaker 4>business is growing. We do get a lot of calls

0:21:12.480 --> 0:21:15.200
<v Speaker 4>from probably people that you have lunch and dinners with.

0:21:16.000 --> 0:21:18.600
<v Speaker 4>We're self funded. I don't need any money. We have

0:21:18.760 --> 0:21:20.800
<v Speaker 4>enough cash in the bank to do what we want.

0:21:20.840 --> 0:21:23.440
<v Speaker 3>To do, you know, but I don't.

0:21:23.280 --> 0:21:25.080
<v Speaker 4>Know what's going to happen in the future. I'm not

0:21:25.359 --> 0:21:29.560
<v Speaker 4>opposed to the right situation on something. I just don't

0:21:29.640 --> 0:21:31.080
<v Speaker 4>know what it is, and that's okay.

0:21:31.359 --> 0:21:33.920
<v Speaker 1>And do you try to expand your products outside the

0:21:34.000 --> 0:21:35.800
<v Speaker 1>United States at this point or is it too small

0:21:35.960 --> 0:21:37.280
<v Speaker 1>right now to go outside the United State?

0:21:37.320 --> 0:21:41.240
<v Speaker 4>No, we are available in Canada, we are available in

0:21:41.280 --> 0:21:44.160
<v Speaker 4>the UK, and now we're available in Europe, so.

0:21:45.880 --> 0:21:47.840
<v Speaker 3>You know, not freestanding stores yet.

0:21:47.880 --> 0:21:51.720
<v Speaker 4>I really want a freestanding store in London because that's

0:21:51.760 --> 0:21:53.400
<v Speaker 4>one of our biggest markets.

0:21:53.800 --> 0:21:56.360
<v Speaker 1>So what are the most important beauty secrets you would

0:21:56.400 --> 0:21:57.040
<v Speaker 1>give to somebody?

0:21:57.119 --> 0:21:58.400
<v Speaker 2>Two or three beauty secrets?

0:21:58.560 --> 0:22:00.960
<v Speaker 4>Well, I would say, first of all, worry about your

0:22:00.960 --> 0:22:02.360
<v Speaker 4>inside more than your outside.

0:22:02.400 --> 0:22:03.359
<v Speaker 3>Take care of your health.

0:22:04.520 --> 0:22:11.000
<v Speaker 4>Number two is worry about your skin. Don't smoke, wear sunscreen,

0:22:11.480 --> 0:22:14.480
<v Speaker 4>and third just wear makeup so it just makes you

0:22:14.520 --> 0:22:15.040
<v Speaker 4>look better.

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<v Speaker 3>End a story.

0:22:16.160 --> 0:22:18.320
<v Speaker 2>Now, did your parents live to see your success?

0:22:18.560 --> 0:22:22.280
<v Speaker 4>My father, Yes, my father is still alive. My dad's ninety.

0:22:22.400 --> 0:22:27.560
<v Speaker 3>He has proven how proud he is of me.

0:22:27.680 --> 0:22:30.800
<v Speaker 4>He's told me and he just he always says, I

0:22:30.840 --> 0:22:32.679
<v Speaker 4>know you're not done, and I know I'm going to

0:22:32.720 --> 0:22:33.520
<v Speaker 4>keep hearing things.

0:22:33.760 --> 0:22:36.760
<v Speaker 1>So if you could give advice to the twenty five

0:22:36.840 --> 0:22:40.040
<v Speaker 1>year old Bobby Brown, what would the advice be? You

0:22:40.080 --> 0:22:42.960
<v Speaker 1>wish you had known then something you know now.

0:22:43.320 --> 0:22:45.760
<v Speaker 4>She wouldn't have listened, But I would have told her

0:22:45.760 --> 0:22:46.880
<v Speaker 4>to chill and relax.

0:22:47.200 --> 0:22:49.080
<v Speaker 3>It's all going to be fine.

0:22:49.200 --> 0:22:51.600
<v Speaker 4>She wouldn't have listened because I still haven't figured out

0:22:51.600 --> 0:22:53.160
<v Speaker 4>how to chill and relax now.

0:22:53.200 --> 0:22:56.200
<v Speaker 1>Presumably the most important thing in life is personal happiness,

0:22:56.240 --> 0:22:58.639
<v Speaker 1>which is also the most elusive thing in life. So

0:22:58.960 --> 0:23:01.439
<v Speaker 1>as a result of having built these companies, I assume

0:23:01.440 --> 0:23:03.720
<v Speaker 1>you're personally very happy with what you're doing now.

0:23:03.840 --> 0:23:07.960
<v Speaker 4>I'm so incredibly lucky because I'm married thirty seven years.

0:23:08.000 --> 0:23:11.879
<v Speaker 4>I still adore my husband. I have three sons, two grandkids.

0:23:11.960 --> 0:23:15.800
<v Speaker 4>We are, you know, all very close, and you know,

0:23:16.119 --> 0:23:18.919
<v Speaker 4>I have not only old friends, I have new friends,

0:23:18.960 --> 0:23:20.000
<v Speaker 4>people I've just met.

0:23:20.040 --> 0:23:22.360
<v Speaker 3>So I feel very very happy.

0:23:22.320 --> 0:23:26.399
<v Speaker 4>And my you know, Jones Road is a very young team,

0:23:26.640 --> 0:23:27.919
<v Speaker 4>but they're my new posse.

0:23:28.440 --> 0:23:31.400
<v Speaker 1>Well, you're young to worry about legacies, But what would

0:23:31.440 --> 0:23:32.800
<v Speaker 1>you like your legacy.

0:23:32.400 --> 0:23:33.040
<v Speaker 2>To ultimately be?

0:23:33.960 --> 0:23:36.600
<v Speaker 4>You know, I hope my legacy will be that I

0:23:36.680 --> 0:23:39.800
<v Speaker 4>was there to help people feel good. About themselves and

0:23:40.080 --> 0:23:43.760
<v Speaker 4>teach people how to be confident because I've figured out

0:23:43.800 --> 0:23:47.200
<v Speaker 4>the secret of confidence. All it is is feeling comfortable

0:23:47.240 --> 0:23:47.840
<v Speaker 4>in your skin.

0:23:49.359 --> 0:23:51.879
<v Speaker 1>Thanks for listening to hear more of my interviews. You

0:23:51.920 --> 0:23:56.040
<v Speaker 1>can subscribe and download my podcast on Spotify, Apple, or

0:23:56.080 --> 0:23:56.879
<v Speaker 1>wherever you listen.