WEBVTT - Making Space for Black Toy Designers w/ Dr. Lisa Williams

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<v Speaker 1>I'm with Lucas and this is black Tech, Green Money.

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<v Speaker 1>Doctor Lisa Williams is founder of World of Epi and

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<v Speaker 1>The Fresh Dolls, where she helps children embrace their beauty, uniqueness,

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<v Speaker 1>and positive play through doll representation. Her company is the

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<v Speaker 1>largest black owned doll company in the United States. She

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<v Speaker 1>was the first female professor at any institution to receive

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<v Speaker 1>a multi million dollar endowed chair, the first African American

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<v Speaker 1>professor to earn tenure at Penn State University, and the

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<v Speaker 1>first African American to receive a doctorate in logistics from

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<v Speaker 1>the Ohio State University. I asked doctor Williams about toys

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<v Speaker 1>and since kids explore so much of the imagination around

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<v Speaker 1>toys and dolls, how much does representation mean? Why is

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<v Speaker 1>it important to have dolls that look like us?

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<v Speaker 2>Yeah, because that allows you to dream.

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<v Speaker 3>And I think that how you play as a child

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<v Speaker 3>has a direct impact on what you believe you can

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<v Speaker 3>achieve and will achieve as an adult. And it is

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<v Speaker 3>about representation because when you see a doll that looks

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<v Speaker 3>like you, could you really to it? And then as

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<v Speaker 3>you're playing with it, of course, you can envision yourself

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<v Speaker 3>not just playing at it, but playing with it and

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<v Speaker 3>actually becoming what you're envisioning what you're playing with as

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<v Speaker 3>a child.

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<v Speaker 4>And so I was thinking about this.

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<v Speaker 1>I thought it was so interesting if you think about

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<v Speaker 1>that study that was done in the nineteen forties, the

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<v Speaker 1>doctor Kenneth and Mamie Clark studying that show that when

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<v Speaker 1>you gave little black girls, I think they gave it

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<v Speaker 1>to little black boys also, but I know they gave

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<v Speaker 1>it to little black girls. The choice between playing with

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<v Speaker 1>a white doll and a black doll, they still prefer

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<v Speaker 1>to play with the white doll. And I was thinking

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<v Speaker 1>about this in the context of you may have seen

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<v Speaker 1>black kids who are adopted by white parents, and so

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<v Speaker 1>often we've heard conversations about they don't necessarily know how

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<v Speaker 1>to do black kids hair, or they may not know

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<v Speaker 1>how we need lotion in.

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<v Speaker 4>A different way as had some other folks. And I

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<v Speaker 4>don't need to be funny, but it is funny in

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<v Speaker 4>that way.

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<v Speaker 1>But I think about could there have been more there,

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<v Speaker 1>and also that the toys that they gave those black

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<v Speaker 1>kids maybe didn't show the best beauty of black children.

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<v Speaker 1>I was just thinking about that as we were, you know,

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<v Speaker 1>preparing for this conversation. You know, what do you think there?

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<v Speaker 3>Well, you know what, I applaud Kenneth and made me

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<v Speaker 3>clock on what they did, and I definitely stand on

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<v Speaker 3>their shoulders. I think in their case, they did use

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<v Speaker 3>two identical dolls, one which is white and one was black,

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<v Speaker 3>and unfortunately, I believe that it was its ingrading systemic

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<v Speaker 3>degradation of beauty of black and brown people. That is

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<v Speaker 3>systemic and it goes generation to generation. So when they

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<v Speaker 3>saw the doll, they just spoke what they've been taught,

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<v Speaker 3>either subliminally or consciously, that darker is not pretty, darkest, ugly, dumb, stupid,

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<v Speaker 3>and bad. And that's what the kids reiterating when they

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<v Speaker 3>were asked about their thoughts about seeing a black doll.

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<v Speaker 1>Yeah, super unfortunate there. And you you talked about representation,

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<v Speaker 1>how important that is, and we talked about that for

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<v Speaker 1>so long. You know, it's just the forties and having

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<v Speaker 1>representation and toys and what do you think about aspiration? Also,

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<v Speaker 1>because I think about not only in seeing my hue

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<v Speaker 1>represented in the color of a doll, but also particularly

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<v Speaker 1>a vision of the future, what do I look like

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<v Speaker 1>as an adult male?

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<v Speaker 4>Go ahead and see?

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<v Speaker 3>And that is exactly the reason why I did these dolls.

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<v Speaker 3>Let me just pause for a moment. You asked me

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<v Speaker 3>about the Kenneth and made me Clarkstone the original one.

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<v Speaker 2>Right, so we given Jim Crow laws.

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<v Speaker 3>It's like it wasn't really a big stretch that our

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<v Speaker 3>beautiful black and brown children would say that the black

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<v Speaker 3>and brown doll was ugly.

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<v Speaker 2>But what did shock me is when they.

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<v Speaker 3>Did it again in two thousands and we still had

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<v Speaker 3>the same problem. Meaning beautiful chocolate little girls in this

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<v Speaker 3>particular example looked at the doll and said, I don't

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<v Speaker 3>want to play with the black doll.

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<v Speaker 2>The skin is nasty. That broke my.

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<v Speaker 3>Heart and it still does today because at that time,

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<v Speaker 3>of course, we had a black president, beautiful first lady

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<v Speaker 3>in the White House, and even personally, I was achieving

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<v Speaker 3>and breaking records in academia. I was the highest ranking

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<v Speaker 3>professor in the world. I had two multimillion dollars in

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<v Speaker 3>dollars to research.

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<v Speaker 4>I would talk that talk.

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<v Speaker 3>The reason why I say that is in a way,

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<v Speaker 3>because I was breaking so many barriers.

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<v Speaker 2>I was living in a cocoon.

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<v Speaker 3>I'm about to cry again because I did not realize

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<v Speaker 3>that our children were still suffering from this. I didn't

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<v Speaker 3>realize that they are still thinking that they're less than.

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<v Speaker 3>So even sitting at the top of my perch, right

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<v Speaker 3>the highest ranking professor in the world be a black, yellow,

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<v Speaker 3>green of purple. When I saw that, it broke something

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<v Speaker 3>in me because there was an illusion that I had.

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<v Speaker 3>We had the first black president. I'm achieving so many

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<v Speaker 3>personal goals and professional goals. I'm just assuming we had

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<v Speaker 3>moved so far. But out of the mouths of babes,

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<v Speaker 3>I realized there's so many areas that we weren't. And

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<v Speaker 3>so that's the reason why I left all of my

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<v Speaker 3>accolades and started creating golf.

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<v Speaker 2>And I knew nothing.

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<v Speaker 3>Well, well, listen to me, nothing, I mean.

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<v Speaker 2>Lessen nothing. But what I had was a passion.

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<v Speaker 3>I didn't have any money, I had no mentorship, no experience,

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<v Speaker 3>no background, nothing, But I had a passion to make

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<v Speaker 3>sure that representation is prevalent in the doll industry.

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<v Speaker 1>Yeah, and it's so exciting what you've achieved, you know,

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<v Speaker 1>having received even the highest honor in the doll industry,

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<v Speaker 1>the toy industry, the Doll of the Year. So kudos

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<v Speaker 1>to you for that. And so talk about the importance

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<v Speaker 1>of pushing the industry to embrace.

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<v Speaker 4>Efforts like this, because I think about.

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<v Speaker 1>While having that public acclaim, the industry doesn't always challenge,

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<v Speaker 1>you know, champion innovation in that way. So because it's disruptive,

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<v Speaker 1>it makes them have to do things differently.

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<v Speaker 3>Absolutely, because before we came, it was acceptable. It was

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<v Speaker 3>an industry standard that would just take a beautiful Caucasian

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<v Speaker 3>sculpt and you put brown paint on it, and it's

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<v Speaker 3>a black doll. You put tan pain on it, and

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<v Speaker 3>it's a Latin, a dolt. And we came around and

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<v Speaker 3>we said, no, no, no, Each individual ethnicity should have

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<v Speaker 3>their own unique facial sculpt reason why is that because

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<v Speaker 3>that's the.

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<v Speaker 2>Only way it can be authentic.

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<v Speaker 3>And but creating unique sculpes is the most expensive part

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<v Speaker 3>of a doll.

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<v Speaker 2>So I understand from a.

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<v Speaker 3>Business perspective, while many companies chose not to do it,

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<v Speaker 3>I get it.

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<v Speaker 2>Our mission was different.

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<v Speaker 3>I didn't come into the doll industry saying I want

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<v Speaker 3>to be a billionaire, right, That was never my goal.

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<v Speaker 2>Every time.

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<v Speaker 3>My goal was and still is, how can I show

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<v Speaker 3>beautiful black and brown children their beauty and their brilliance

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<v Speaker 3>and whatever it takes to do that. That's what we're

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<v Speaker 3>willing to do. And so since the responses have been

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<v Speaker 3>so positive, now others in the industry are looking at

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<v Speaker 3>it like, oh, wait a minute. You know, there's a

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<v Speaker 3>market that's been underserved. They're dollars we haven't reaped yet.

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<v Speaker 3>So now you do see a lot of toy industry

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<v Speaker 3>moving into d united space. And I'm okay with that

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<v Speaker 3>because as long as our children have beautiful representation, that's

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<v Speaker 3>what makes my heart sing. So I'm really happy to

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<v Speaker 3>see the shift in the toy industry.

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<v Speaker 1>You so interesting to me is I have daughters and

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<v Speaker 1>what it seems like from a parent perspective, it seems

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<v Speaker 1>like the variation in the shape of the dolls has

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<v Speaker 1>been embraced faster than.

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<v Speaker 4>The hue of the dolls. So you have dolls with.

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<v Speaker 1>You know to historically very you know shape lists, you

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<v Speaker 1>know to you have a lot of a better word,

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<v Speaker 1>shapeless dolls. You think about the history. I won't name

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<v Speaker 1>any brands, but then you have very exaggerated body types

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<v Speaker 1>in so many of these, and it feels like those

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<v Speaker 1>exaggerated form the shapes of dolls have been embraced faster

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<v Speaker 1>than the hues. Can you Is that just me? As

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<v Speaker 1>a parent, or is that something that's relevant across the industry.

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<v Speaker 3>It's relevant across the industry. It's it's very true. Yeah,

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<v Speaker 3>we embrace it. Generally speaking, the population embraces unique body

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<v Speaker 3>shapes and sizes, right, which is wonderful because it's all

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<v Speaker 3>body positivity. So I love that. But you are very

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<v Speaker 3>right when you say, but we're a little slower to.

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<v Speaker 2>Accepting the skin tone. And and it's it's still heartbreaking.

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<v Speaker 3>Because obviously we focus on multicultural dolls. We have dolls

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<v Speaker 3>for every skin tone and every ethnicity. But I will

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<v Speaker 3>look at our sales data and sometimes I'll see that

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<v Speaker 3>our dolls that skew a little lighter sell better than

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<v Speaker 3>those skewing towards the darker skin tone. And that again,

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<v Speaker 3>that's a that's a that's it breaks my heart and

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<v Speaker 3>it shows me there's so much work yet.

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<v Speaker 2>Still for us to do.

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<v Speaker 1>And with that, you did this this Black Panther release,

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<v Speaker 1>which you know, I think is fantastic.

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<v Speaker 4>Can you talk about why.

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<v Speaker 1>That was important for the business side of what you

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<v Speaker 1>have going on, and you can talk about anything else

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<v Speaker 1>in the Black Panthers echosystem that is important to you also.

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<v Speaker 3>Well, I still was saying Black Panther changed my life

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<v Speaker 3>like I did so many of us right, talk about representation,

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<v Speaker 3>you saw it right, and from the Marvel universe, we

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<v Speaker 3>were included. We were primary. I love seeing those powerful

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<v Speaker 3>female warriors. It was just incredible, and of course Chadwick's

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<v Speaker 3>performance was just just awesome.

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<v Speaker 2>So I saw that movie. I was changed and transfixed

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<v Speaker 2>by it.

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<v Speaker 3>So imagine how excited I was when what three or

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<v Speaker 3>four years later, Marvel really reaches out and says, hey, would.

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<v Speaker 2>You guys interested into doing the Black Panther dolls? It's like, wait, what.

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<v Speaker 5>As they said?

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<v Speaker 4>You know you yes, that is yes.

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<v Speaker 3>And it was truly a labor of love. And when

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<v Speaker 3>I say labor, it was a labor because we were

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<v Speaker 3>so fixated on making sure the dolls were authentic and

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<v Speaker 3>representative of the actors and the actresses in the film, and.

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<v Speaker 2>So we wanted to We did.

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<v Speaker 3>We custom blended skin tones, we did unique facial sculps.

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<v Speaker 3>We even created a new hair fiber like locks has

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<v Speaker 3>never been done mass produced, never ever been done mass produced.

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<v Speaker 4>And we can.

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<v Speaker 3>We do we have a pattern there because we didn't

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<v Speaker 3>want to cheat just get anything that's on the shelf

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<v Speaker 3>and say Oh, well, we'll take that because I know

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<v Speaker 3>the difference between.

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<v Speaker 2>A braid and a lock, right, my team does too.

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<v Speaker 3>We knew braids wasn't wasn't the key, it was wear it,

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<v Speaker 3>so we had to create it. So again, it was

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<v Speaker 3>a joyful experience. But like anything that you've committed to

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<v Speaker 3>and your heart is involved in, you go the extra mile.

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<v Speaker 3>So we went the extra mile to make sure those

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<v Speaker 3>dolls were authentic, representative, and beautiful.

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<v Speaker 4>One hundred.

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<v Speaker 1>Can you talk about ways how you view us in

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<v Speaker 1>society and continuing to find ways to lean into our

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<v Speaker 1>culture and authenticity and how that translates ultimately into pushing society.

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<v Speaker 4>To change his behaviors. I think about us.

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<v Speaker 1>Embracing natural hair in the workplace in corporate environments when

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<v Speaker 1>historically that was a faux pa because it needed to

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<v Speaker 1>be a certain type of way. So how can us

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<v Speaker 1>continuing to lean into this our authenticity and having that

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<v Speaker 1>representation from the toy level up change the culture in

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<v Speaker 1>our day and age.

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<v Speaker 3>It starts with us, right when it comes to our culture,

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<v Speaker 3>it starts with us. It starts with us which we

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<v Speaker 3>do recognizing it, appreciating it, and celebrating it. And when

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<v Speaker 3>we want to buy and purchase things made by our

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<v Speaker 3>community for our community.

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<v Speaker 2>It makes a difference. One, it helps those black and brown.

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<v Speaker 3>Companies thrive and grow, but then it also gets the

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<v Speaker 3>attention of other major companies. I mean, let's be real,

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<v Speaker 3>they may not always be socially conscious, but they are

0:11:18.679 --> 0:11:21.959
<v Speaker 3>always profit driven conscious. And I'm not criticizing that. I'm

0:11:22.000 --> 0:11:25.679
<v Speaker 3>just making a statement. And so when we as a

0:11:25.720 --> 0:11:29.120
<v Speaker 3>community demand better and we only pay for what's better,

0:11:29.679 --> 0:11:32.760
<v Speaker 3>then all companies rise up to that and they start

0:11:32.800 --> 0:11:36.000
<v Speaker 3>producing better quality products for us. And that's what's happened

0:11:36.000 --> 0:11:40.240
<v Speaker 3>in terms of dolls. When we started, it was very

0:11:40.320 --> 0:11:42.880
<v Speaker 3>hard because there was no one else really doing authentic dolls,

0:11:43.000 --> 0:11:45.440
<v Speaker 3>no one when we started, and then there was a

0:11:45.480 --> 0:11:48.440
<v Speaker 3>buzz that started. I'm happy to say that now there

0:11:48.480 --> 0:11:52.199
<v Speaker 3>are others that are really trying to do more ethnically relevant,

0:11:52.280 --> 0:11:56.520
<v Speaker 3>more representative dolls. That pleases me again because our children

0:11:56.720 --> 0:11:59.040
<v Speaker 3>and adults for that matter, have dolls.

0:11:58.840 --> 0:12:01.640
<v Speaker 2>That represent them. But first it starts with us demanding it.

0:12:01.679 --> 0:12:04.000
<v Speaker 3>We have to s and we demand not only with

0:12:04.040 --> 0:12:06.840
<v Speaker 3>our voices, not only with our marches, but we demand

0:12:06.880 --> 0:12:10.120
<v Speaker 3>with our dollars. That's really what people hear. It's where

0:12:10.160 --> 0:12:11.040
<v Speaker 3>we use our dollars.

0:12:11.640 --> 0:12:14.360
<v Speaker 1>So I'm gonna touch on this Toy Assocition t Toy

0:12:14.400 --> 0:12:16.720
<v Speaker 1>Association Board of Directors a couple of times. And I know, Yea,

0:12:16.800 --> 0:12:18.280
<v Speaker 1>you may not be the chair, so I'm not gonna ask.

0:12:18.200 --> 0:12:20.839
<v Speaker 4>You to speak officially for the board. But I think

0:12:20.880 --> 0:12:21.760
<v Speaker 4>about you, j.

0:12:21.800 --> 0:12:24.480
<v Speaker 1>You just mentioned there's other people coming into the fora

0:12:24.800 --> 0:12:28.319
<v Speaker 1>with other ethnic and you know multi you know, different tones,

0:12:28.440 --> 0:12:33.560
<v Speaker 1>body skin tones for dolls, and historically when that happens,

0:12:34.160 --> 0:12:37.120
<v Speaker 1>large retailers will pick one and there won't be enough

0:12:37.120 --> 0:12:40.520
<v Speaker 1>shelf space for two or three different options. You think

0:12:40.520 --> 0:12:42.720
<v Speaker 1>about that, like, you know, when I was growing up,

0:12:42.760 --> 0:12:45.240
<v Speaker 1>you had one type of hair product that was for men.

0:12:45.400 --> 0:12:46.760
<v Speaker 1>It was by a black company, and that was the

0:12:46.760 --> 0:12:49.720
<v Speaker 1>only one you had. Today, you have different options because

0:12:49.760 --> 0:12:51.959
<v Speaker 1>they have maybe an aisle for us when.

0:12:52.080 --> 0:12:54.559
<v Speaker 4>It was just a a a section before.

0:12:55.000 --> 0:12:59.480
<v Speaker 1>How do we continue to fight for and accomplish shelf

0:12:59.520 --> 0:13:03.520
<v Speaker 1>space so that we proliferate in these retail environments.

0:13:05.280 --> 0:13:08.719
<v Speaker 3>Again, everything and we're talking about economics and business, we're

0:13:08.760 --> 0:13:11.040
<v Speaker 3>talking about money when it really boiled down to it, right,

0:13:11.320 --> 0:13:12.360
<v Speaker 3>So you are so right.

0:13:12.480 --> 0:13:15.880
<v Speaker 2>Here's a brilliant comment. Shelf spaces looked at like real estate.

0:13:16.360 --> 0:13:18.040
<v Speaker 3>Right, So there's so much real estate, and that real

0:13:18.120 --> 0:13:20.199
<v Speaker 3>estate should bring in so many hundreds of thousands of

0:13:20.200 --> 0:13:24.280
<v Speaker 3>millions of dollars during a particular time period. So retailers

0:13:24.280 --> 0:13:26.800
<v Speaker 3>are looking at, how can I maximize my real estate?

0:13:27.120 --> 0:13:28.960
<v Speaker 3>Can I put what product is going to can I

0:13:29.000 --> 0:13:31.600
<v Speaker 3>put on my shelf that's going to generate the highest margin,

0:13:31.640 --> 0:13:34.320
<v Speaker 3>the highest turns for me. So it goes back again

0:13:34.400 --> 0:13:38.040
<v Speaker 3>to us demanding with our dollars what we want to purchase.

0:13:38.320 --> 0:13:39.679
<v Speaker 2>When we purchase.

0:13:39.280 --> 0:13:43.040
<v Speaker 3>Things that are truly authentic and truly representative, then that's

0:13:43.040 --> 0:13:46.600
<v Speaker 3>what the retails restock. That's when they start expanding that

0:13:46.720 --> 0:13:49.120
<v Speaker 3>shelf space, expanding.

0:13:48.440 --> 0:13:49.280
<v Speaker 2>That real estate.

0:13:49.440 --> 0:13:51.720
<v Speaker 3>So they're getting a bigger bang for the doll for

0:13:51.760 --> 0:13:53.000
<v Speaker 3>the product they put on the shelf.

0:13:53.720 --> 0:13:57.839
<v Speaker 1>And so from to that end, so many dollars, particularly

0:13:58.040 --> 0:14:01.240
<v Speaker 1>the dolls of color, have leaned on brands first in

0:14:01.320 --> 0:14:03.480
<v Speaker 1>order to create that demand. You know, like I think

0:14:03.480 --> 0:14:06.160
<v Speaker 1>about like a doc ment Stuffians doc ment stuffans with

0:14:06.200 --> 0:14:07.920
<v Speaker 1>that cartoon first, then they can come out with a

0:14:08.040 --> 0:14:11.360
<v Speaker 1>doll and do these other things. And we hear so

0:14:11.520 --> 0:14:14.559
<v Speaker 1>often talk about you know, building the brand before you

0:14:14.600 --> 0:14:17.160
<v Speaker 1>invest in physical products, because you want to make sure

0:14:17.200 --> 0:14:21.480
<v Speaker 1>that demand is there at the onset. You bootstrapped first,

0:14:21.520 --> 0:14:24.120
<v Speaker 1>and so there was no demand built up from a

0:14:24.160 --> 0:14:27.280
<v Speaker 1>marketing standpoint for your particular offering. There may have been

0:14:27.920 --> 0:14:31.160
<v Speaker 1>children and parents out there looking for representation, But how

0:14:31.160 --> 0:14:34.280
<v Speaker 1>did that How did you make that work to your advantage?

0:14:35.520 --> 0:14:37.920
<v Speaker 1>Maybe it was your background and supply chain logistics, I

0:14:37.960 --> 0:14:40.600
<v Speaker 1>don't know how how did you create that brand awareness

0:14:41.280 --> 0:14:42.640
<v Speaker 1>so that the demand followed.

0:14:43.240 --> 0:14:46.480
<v Speaker 3>So it's amazing how one's life is like a thread

0:14:46.520 --> 0:14:49.840
<v Speaker 3>that weaves through your life. So I was a professor first,

0:14:49.880 --> 0:14:53.040
<v Speaker 3>as I said earlier, and as a professor, I had

0:14:53.040 --> 0:14:56.040
<v Speaker 3>written books, academic books as real as trade books. And anyway,

0:14:56.040 --> 0:14:59.000
<v Speaker 3>one of the books included Walmart executives, as it did

0:14:59.280 --> 0:15:02.320
<v Speaker 3>Procter and Gamble, and that one didn't.

0:15:02.120 --> 0:15:03.240
<v Speaker 2>But it included.

0:15:04.480 --> 0:15:08.080
<v Speaker 3>Seers, military generals and the CEO of Walmart. I say

0:15:08.120 --> 0:15:09.600
<v Speaker 3>all that to say it so I got to know

0:15:09.640 --> 0:15:13.040
<v Speaker 3>the people at Walmart, and so they actually had asked

0:15:13.080 --> 0:15:16.520
<v Speaker 3>me about doing publishing, like publishing children's books, And at

0:15:16.560 --> 0:15:18.240
<v Speaker 3>first I said no because I didn't know anything about

0:15:18.280 --> 0:15:21.800
<v Speaker 3>publishing children's books either. I was an academic, right, but

0:15:21.920 --> 0:15:24.760
<v Speaker 3>I thought I want to support literacy and children, and

0:15:24.880 --> 0:15:27.120
<v Speaker 3>I can make sure that all children are represented.

0:15:27.240 --> 0:15:29.400
<v Speaker 2>So that's what I did in books.

0:15:29.560 --> 0:15:31.160
<v Speaker 3>The books did so well that they asked me to

0:15:31.200 --> 0:15:33.000
<v Speaker 3>do a line of dolls in the image and likeness

0:15:33.000 --> 0:15:34.160
<v Speaker 3>of the characters and the books.

0:15:34.560 --> 0:15:36.240
<v Speaker 2>But I said no, will.

0:15:36.120 --> 0:15:40.040
<v Speaker 3>Because I knew nothing about dolls at all. Two or

0:15:40.080 --> 0:15:43.120
<v Speaker 3>three weeks later, I see the documentary, so I go

0:15:43.200 --> 0:15:45.360
<v Speaker 3>back and say, yes, Walmart, I will do this.

0:15:45.640 --> 0:15:47.520
<v Speaker 2>So my story is a little different.

0:15:48.120 --> 0:15:50.440
<v Speaker 3>But what I can say, generally speaking, for those who

0:15:50.480 --> 0:15:52.440
<v Speaker 3>are looking to enter into a space like getting to

0:15:52.480 --> 0:15:56.240
<v Speaker 3>mass retail is first of all, walk the shelves, walk

0:15:56.320 --> 0:15:59.280
<v Speaker 3>the store, see what they have and see what's missing,

0:15:59.400 --> 0:16:01.880
<v Speaker 3>whatever's instinct is what you want to now create a

0:16:01.920 --> 0:16:04.840
<v Speaker 3>product for. And then you want to tap on their door,

0:16:04.960 --> 0:16:07.320
<v Speaker 3>which actually is not that hard not to get meetings

0:16:07.320 --> 0:16:10.040
<v Speaker 3>with buyers. I mean, it's challenging, certainly, but it's not

0:16:10.080 --> 0:16:12.640
<v Speaker 3>impossible because all of them on their websites, be a

0:16:12.640 --> 0:16:14.840
<v Speaker 3>wal Mart or target, they'll have how you can reach

0:16:14.880 --> 0:16:18.200
<v Speaker 3>out to the buyers. They actually do look at those

0:16:18.520 --> 0:16:21.480
<v Speaker 3>submissions online and then they'll call you in for a meeting,

0:16:21.680 --> 0:16:23.640
<v Speaker 3>and then that's a whole different process of things. You

0:16:23.680 --> 0:16:25.320
<v Speaker 3>need to do once you have the meeting, to make

0:16:25.320 --> 0:16:26.560
<v Speaker 3>sure your meeting is successful.

0:16:26.640 --> 0:16:28.120
<v Speaker 1>Oh yeah, we're going to talk about that, because that's

0:16:28.160 --> 0:16:31.280
<v Speaker 1>what here for a black tech Greek money I want

0:16:31.320 --> 0:16:33.080
<v Speaker 1>to be. I read that you you know, you decided

0:16:33.120 --> 0:16:34.640
<v Speaker 1>to bootstrap. You didn't want to take on a bunch

0:16:34.680 --> 0:16:36.840
<v Speaker 1>of investors because you wanted to retain that ownership.

0:16:37.200 --> 0:16:38.400
<v Speaker 4>And so often we.

0:16:40.080 --> 0:16:43.880
<v Speaker 1>Probably to our own demise box that into what.

0:16:43.960 --> 0:16:46.200
<v Speaker 4>You can't scale if you bootstrap.

0:16:45.840 --> 0:16:47.680
<v Speaker 1>You got to bring on investors. If you want to

0:16:47.720 --> 0:16:50.520
<v Speaker 1>go big or you're just going to build a lifestyle company,

0:16:50.520 --> 0:16:53.160
<v Speaker 1>you can't really build something that scales and you know,

0:16:53.240 --> 0:16:54.280
<v Speaker 1>employees tons of.

0:16:54.280 --> 0:16:55.800
<v Speaker 4>People if that's the goal.

0:16:56.280 --> 0:17:00.800
<v Speaker 1>And so how how do you think about retaining control

0:17:00.960 --> 0:17:03.880
<v Speaker 1>and or ownership And how did you find a way

0:17:03.880 --> 0:17:07.480
<v Speaker 1>to bootstrap something that actually needed an upfront investment because

0:17:07.520 --> 0:17:09.119
<v Speaker 1>you needed physical products?

0:17:10.320 --> 0:17:12.880
<v Speaker 2>My god, it's an amazing question. So you are so right.

0:17:13.000 --> 0:17:15.879
<v Speaker 3>I consciously made a decision not to accept investors. And

0:17:15.920 --> 0:17:18.240
<v Speaker 3>the reason why I did that is because I wanted

0:17:18.240 --> 0:17:20.680
<v Speaker 3>to make sure that the product that we created were authentic.

0:17:21.160 --> 0:17:24.119
<v Speaker 3>And when I'm doing that, sometimes I'm spending more money

0:17:24.160 --> 0:17:26.640
<v Speaker 3>than the average company would spend on dolls right because

0:17:26.760 --> 0:17:27.520
<v Speaker 3>the hair's got to be right.

0:17:27.640 --> 0:17:29.040
<v Speaker 2>So I got to spend extra money for the hair.

0:17:29.160 --> 0:17:32.520
<v Speaker 3>I got a blend ex special concoct or combination for

0:17:32.560 --> 0:17:33.200
<v Speaker 3>the skin tone.

0:17:33.280 --> 0:17:34.560
<v Speaker 2>So I'm spending more money.

0:17:34.680 --> 0:17:34.879
<v Speaker 5>I know.

0:17:34.920 --> 0:17:37.600
<v Speaker 3>An investor would tell me, stop, you don't need a

0:17:37.640 --> 0:17:39.919
<v Speaker 3>different face scope for every ethnicity, right the one for

0:17:39.960 --> 0:17:41.320
<v Speaker 3>the black, or work for the white, wait to work

0:17:41.320 --> 0:17:42.240
<v Speaker 3>for the Asians.

0:17:41.880 --> 0:17:42.360
<v Speaker 2>All the same.

0:17:42.840 --> 0:17:45.399
<v Speaker 3>I knew to be true to the vision and to

0:17:45.440 --> 0:17:47.360
<v Speaker 3>really uplift these children, that wasn't going to work.

0:17:47.400 --> 0:17:50.320
<v Speaker 2>So that's why I said no investors. Now how did

0:17:50.359 --> 0:17:50.840
<v Speaker 2>I do it?

0:17:51.119 --> 0:17:54.760
<v Speaker 3>Gosh, it was paid. It was painful, will I'm not

0:17:54.800 --> 0:17:57.280
<v Speaker 3>going to tell you it wasn't. I started out by

0:17:57.280 --> 0:18:00.199
<v Speaker 3>credit cards like most people do. Yeah, after I use

0:18:00.359 --> 0:18:02.679
<v Speaker 3>all of my credit cards and friends and family. Then

0:18:02.680 --> 0:18:05.800
<v Speaker 3>I mortgaged the house after the house, and I took

0:18:05.840 --> 0:18:08.280
<v Speaker 3>what I could out of my life insurance. After that,

0:18:08.359 --> 0:18:11.320
<v Speaker 3>I took what I could out of my retirement. So

0:18:11.760 --> 0:18:15.119
<v Speaker 3>I literally was all in my husband's I'm the biggest

0:18:15.119 --> 0:18:18.840
<v Speaker 3>gamble he's ever met, because I literally put everything.

0:18:18.320 --> 0:18:20.000
<v Speaker 2>On the line for this company.

0:18:20.040 --> 0:18:22.600
<v Speaker 3>And I didn't and it didn't work smoothly all the

0:18:22.640 --> 0:18:25.200
<v Speaker 3>time because I had to file bankruptcy just as total

0:18:25.240 --> 0:18:29.040
<v Speaker 3>transparency with your audience. It was not easy, but even

0:18:29.119 --> 0:18:31.840
<v Speaker 3>in those times, I was still committed.

0:18:31.480 --> 0:18:33.840
<v Speaker 2>To making sure that these dolls represent our children.

0:18:33.880 --> 0:18:36.320
<v Speaker 3>So even then, I didn't want investors because if you

0:18:36.320 --> 0:18:38.520
<v Speaker 3>take investors when you're in that stage when you're really

0:18:38.600 --> 0:18:42.480
<v Speaker 3>vulnerable financially and now you're really at their back and

0:18:42.560 --> 0:18:45.280
<v Speaker 3>costs like they have total control of the company and

0:18:45.880 --> 0:18:48.480
<v Speaker 3>all creative aspects. I didn't want that.

0:18:48.960 --> 0:18:51.000
<v Speaker 2>Again. I knew that it was going to be done right.

0:18:51.440 --> 0:18:54.920
<v Speaker 3>It had to be done by me, with my heart

0:18:54.960 --> 0:18:57.600
<v Speaker 3>and my passion to make sure that these children were represented.

0:18:57.680 --> 0:19:00.280
<v Speaker 3>So yeah, no, it wasn't easy, but yeah I did

0:19:00.280 --> 0:19:04.639
<v Speaker 3>bootstrap it. I still do today, and now we're very profitable,

0:19:04.640 --> 0:19:05.240
<v Speaker 3>thank goodness.

0:19:05.280 --> 0:19:06.399
<v Speaker 2>I am hiring people.

0:19:06.800 --> 0:19:08.920
<v Speaker 3>We are moving into animation, so we're going to have

0:19:08.960 --> 0:19:13.560
<v Speaker 3>animation series coming out, we're expanding our doll lines more,

0:19:13.680 --> 0:19:15.440
<v Speaker 3>we're doing more licensing deals.

0:19:15.680 --> 0:19:17.080
<v Speaker 2>So things are really good.

0:19:17.600 --> 0:19:20.200
<v Speaker 3>And we own one hundred percent of the IPS, which

0:19:20.240 --> 0:19:20.879
<v Speaker 3>is important.

0:19:21.280 --> 0:19:22.280
<v Speaker 4>That's fantastic.

0:19:22.520 --> 0:19:26.760
<v Speaker 1>And so what were the indicators when you were in

0:19:26.240 --> 0:19:29.000
<v Speaker 1>those stressful financial times that said, you know.

0:19:29.280 --> 0:19:31.600
<v Speaker 4>Just keep going because there's got to be.

0:19:31.560 --> 0:19:35.200
<v Speaker 1>Something that's something that's a flicker of light in the tunnel.

0:19:36.760 --> 0:19:39.760
<v Speaker 2>The children. For me, it was and it still is,

0:19:39.800 --> 0:19:40.320
<v Speaker 2>the children.

0:19:40.440 --> 0:19:42.800
<v Speaker 3>And when I would think about quitting, and I did

0:19:42.880 --> 0:19:46.280
<v Speaker 3>many days I thought about quitting, and then I would

0:19:46.280 --> 0:19:48.200
<v Speaker 3>wake up in the morning and I'd say, but if

0:19:48.200 --> 0:19:51.840
<v Speaker 3>you don't do this, who is going to create dolls

0:19:51.840 --> 0:19:53.560
<v Speaker 3>for these beautiful black and brown children?

0:19:53.720 --> 0:19:54.400
<v Speaker 2>And I would.

0:19:54.240 --> 0:19:57.880
<v Speaker 3>Envision them playing on the floor and just seeing how

0:19:57.880 --> 0:20:01.160
<v Speaker 3>they would have nothing that looked like them, or they

0:20:01.160 --> 0:20:03.840
<v Speaker 3>could have doll that truly reflected their brilliance and their beauty.

0:20:04.080 --> 0:20:06.480
<v Speaker 3>And that will is what kept me going on every day.

0:20:06.720 --> 0:20:09.240
<v Speaker 3>And I would but I was in a sort of surrender.

0:20:09.560 --> 0:20:11.359
<v Speaker 3>I also want to say that I was, you know,

0:20:11.440 --> 0:20:14.440
<v Speaker 3>if the things had turned and you know, things didn't

0:20:14.440 --> 0:20:16.280
<v Speaker 3>take off, I was okay with that. I got to

0:20:16.320 --> 0:20:20.640
<v Speaker 3>that point in my life where I said, you can

0:20:20.680 --> 0:20:24.000
<v Speaker 3>either do it this way and fail, or you can

0:20:24.080 --> 0:20:27.200
<v Speaker 3>stay safe and keep your same safe life.

0:20:27.680 --> 0:20:29.200
<v Speaker 2>At the end, when you're lying on.

0:20:29.160 --> 0:20:31.600
<v Speaker 3>Your deathbed, do you want to say I did it

0:20:31.640 --> 0:20:35.280
<v Speaker 3>and I failed, which is a possibility, or I never

0:20:35.359 --> 0:20:38.679
<v Speaker 3>even tried. I didn't even take the courage to try,

0:20:39.160 --> 0:20:42.160
<v Speaker 3>or the experience I'm having now I took the courage. Yeah,

0:20:42.160 --> 0:20:44.480
<v Speaker 3>it was rocky, but it won, and it won not

0:20:44.520 --> 0:20:47.879
<v Speaker 3>only financially, but it won most importantly by really authentically

0:20:47.880 --> 0:20:51.879
<v Speaker 3>representing our children. That's what gives me the greatest joy,

0:20:52.040 --> 0:20:54.679
<v Speaker 3>the greatest high ever.

0:20:54.840 --> 0:20:56.480
<v Speaker 2>Is this knowing I've made a difference in the lives

0:20:56.480 --> 0:20:57.000
<v Speaker 2>of children.

0:20:57.840 --> 0:21:02.359
<v Speaker 1>I've heard your problem in your company being described as

0:21:02.440 --> 0:21:07.520
<v Speaker 1>a mission driven doll line, and this is this is

0:21:07.560 --> 0:21:09.240
<v Speaker 1>this question comes from.

0:21:08.880 --> 0:21:12.480
<v Speaker 4>The perspective of at what point are we just mainstream

0:21:12.560 --> 0:21:13.800
<v Speaker 4>and just mainstream? Right?

0:21:13.920 --> 0:21:18.080
<v Speaker 1>So I don't go to Kroger grocery store because of

0:21:18.119 --> 0:21:21.400
<v Speaker 1>its mission that girl because they have what I need, right,

0:21:21.800 --> 0:21:24.200
<v Speaker 1>And I wonder at what point? Not that there's anything

0:21:24.200 --> 0:21:26.480
<v Speaker 1>against mission driven, but my question is, at what point

0:21:26.840 --> 0:21:29.879
<v Speaker 1>is it just we have beautiful black dolls? Why do

0:21:29.960 --> 0:21:35.960
<v Speaker 1>we have to be always statement making? If that makes sense, it.

0:21:35.880 --> 0:21:38.639
<v Speaker 2>Makes perfect sense, and we don't. To answer your question,

0:21:38.720 --> 0:21:39.359
<v Speaker 2>we don't always.

0:21:39.880 --> 0:21:43.719
<v Speaker 3>We don't have to be. For me, I was purpose driven, right.

0:21:43.760 --> 0:21:45.240
<v Speaker 3>It was a purpose seeing that little girl and make

0:21:45.280 --> 0:21:47.160
<v Speaker 3>sure she had dolls that looked like her. So that

0:21:47.240 --> 0:21:50.040
<v Speaker 3>was my purpose and that was so much that it

0:21:50.119 --> 0:21:52.640
<v Speaker 3>drove me, Like I said, through the bankruptcies, and you.

0:21:52.600 --> 0:21:54.879
<v Speaker 2>Know that was what continued to drive me.

0:21:55.280 --> 0:21:57.920
<v Speaker 3>Had I been driven by money, just as an example,

0:21:57.920 --> 0:21:59.280
<v Speaker 3>I would have given up and going back to being

0:21:59.280 --> 0:22:02.360
<v Speaker 3>a professor because it's making way more money than I

0:22:02.440 --> 0:22:06.360
<v Speaker 3>was as an entrepreneur for many, many, many, like decades.

0:22:06.640 --> 0:22:09.040
<v Speaker 3>Literally I would have made more money as a professor.

0:22:09.400 --> 0:22:11.800
<v Speaker 3>But it wasn't about the money for me. It really

0:22:11.920 --> 0:22:13.639
<v Speaker 3>was about making a difference in kids' lives.

0:22:14.040 --> 0:22:16.520
<v Speaker 1>That makes total sense because I think about this in

0:22:16.560 --> 0:22:19.200
<v Speaker 1>so many ways. And I was having this conversation with

0:22:19.320 --> 0:22:22.120
<v Speaker 1>I think doctor Key Holman from the Village Market in Atlanta,

0:22:22.720 --> 0:22:26.640
<v Speaker 1>and we were talking about why it's again, I don't

0:22:26.680 --> 0:22:28.639
<v Speaker 1>shop at certain certain stores. I just shop at just

0:22:28.640 --> 0:22:30.479
<v Speaker 1>because they have what I need. But I don't know

0:22:31.200 --> 0:22:34.400
<v Speaker 1>much about you know, what the mission is, if there's

0:22:34.440 --> 0:22:37.359
<v Speaker 1>a mission that they promote. But I wonder, at what

0:22:37.480 --> 0:22:41.439
<v Speaker 1>point can we just create a Tanka toy without it

0:22:41.520 --> 0:22:44.120
<v Speaker 1>having to be you know, this is because we don't

0:22:44.160 --> 0:22:47.840
<v Speaker 1>have black trucks in black bulldozer toys built for black kids.

0:22:47.880 --> 0:22:50.000
<v Speaker 1>That's what I'm trying to say, is at what point

0:22:50.200 --> 0:22:50.960
<v Speaker 1>can we get there?

0:22:53.040 --> 0:22:55.719
<v Speaker 3>We'll get there when there's more of us doing it

0:22:55.760 --> 0:22:59.200
<v Speaker 3>for purpose because the fact is there is nothing right,

0:22:59.280 --> 0:23:02.439
<v Speaker 3>there is nothing, so other companies can just make a

0:23:02.480 --> 0:23:05.399
<v Speaker 3>tonka because there's like tons of red and blue trucks

0:23:05.440 --> 0:23:07.920
<v Speaker 3>out there for us, there are no trucks that apply

0:23:08.000 --> 0:23:10.320
<v Speaker 3>to us, so we got to make a truck for us.

0:23:10.600 --> 0:23:12.440
<v Speaker 3>Then once there's so many of trucks for us that

0:23:12.520 --> 0:23:13.200
<v Speaker 3>it's like, well.

0:23:13.119 --> 0:23:14.920
<v Speaker 2>I just want to make a helicopter. I don't care.

0:23:14.960 --> 0:23:16.000
<v Speaker 2>I just want to make a helicopter.

0:23:16.080 --> 0:23:16.560
<v Speaker 4>That makes sense.

0:23:16.600 --> 0:23:17.360
<v Speaker 2>That's I think.

0:23:17.520 --> 0:23:19.600
<v Speaker 3>Yeah, I think that's I think we're in the infancy,

0:23:20.280 --> 0:23:22.920
<v Speaker 3>and in terms of our community and manufacture, I think

0:23:22.920 --> 0:23:23.600
<v Speaker 3>we're in the emfancy.

0:23:23.680 --> 0:23:25.439
<v Speaker 2>But we're going to move out of that. And then

0:23:25.480 --> 0:23:29.120
<v Speaker 2>you're right, it's just going to be an economic decision.

0:23:29.560 --> 0:23:32.159
<v Speaker 1>Because you see so many toys as part of your

0:23:32.600 --> 0:23:35.760
<v Speaker 1>board role and you just being out there, are there

0:23:35.920 --> 0:23:39.800
<v Speaker 1>unique things happening created by black toy designers and black

0:23:39.840 --> 0:23:42.399
<v Speaker 1>toy makers that we should be paying attention to.

0:23:44.240 --> 0:23:47.919
<v Speaker 3>You know, I think the toy industry is probably one

0:23:47.920 --> 0:23:52.200
<v Speaker 3>of those unknown, slash forgotten industries for black creatives. Unfortunately,

0:23:52.320 --> 0:23:54.480
<v Speaker 3>I don't see a lot of black creatives and toys.

0:23:54.560 --> 0:23:57.640
<v Speaker 3>I hope again to change that. I mean we give

0:23:57.680 --> 0:24:03.240
<v Speaker 3>scholarships to colleges, we do internships. I'm always mentoring students.

0:24:03.400 --> 0:24:06.040
<v Speaker 3>So it is my hope that we are not only

0:24:06.080 --> 0:24:09.400
<v Speaker 3>creating dolls for children and that's going to continue generations,

0:24:09.520 --> 0:24:12.880
<v Speaker 3>but we are also helping to educate and invite other

0:24:13.119 --> 0:24:16.359
<v Speaker 3>diverse talent into the toy industry because there's a wealth

0:24:16.359 --> 0:24:19.000
<v Speaker 3>of opportunity. We just need to attract the talent.

0:24:19.320 --> 0:24:21.320
<v Speaker 1>Do you think you have a responsibility then to be

0:24:21.480 --> 0:24:25.720
<v Speaker 1>visible and yeah.

0:24:23.160 --> 0:24:26.720
<v Speaker 3>Oh absolutely, and not only to be visible, but my

0:24:27.119 --> 0:24:30.560
<v Speaker 3>entire company to be representative. So in my company we

0:24:30.640 --> 0:24:32.760
<v Speaker 3>are one hundred percent diverse.

0:24:34.400 --> 0:24:35.200
<v Speaker 2>Yeah, right, And.

0:24:35.119 --> 0:24:38.119
<v Speaker 3>That's important because we're creating dolls for Asian children and

0:24:38.680 --> 0:24:41.280
<v Speaker 3>black children. And I'm not Asian, so I would never

0:24:42.040 --> 0:24:44.600
<v Speaker 3>to do an Asian doll, right, That'd be inauthentic. But

0:24:44.640 --> 0:24:48.120
<v Speaker 3>if I have a great talented Asian creative, then yes,

0:24:48.200 --> 0:24:51.480
<v Speaker 3>we can work together as to create this amazing product

0:24:51.520 --> 0:24:52.560
<v Speaker 3>for all children.

0:24:52.640 --> 0:24:54.560
<v Speaker 2>And that's what we do. So yes, I do feel

0:24:54.600 --> 0:24:55.760
<v Speaker 2>I have a responsibility to.

0:24:55.720 --> 0:24:59.760
<v Speaker 3>Be seen, to be heard, and not only embraced, but

0:24:59.760 --> 0:25:02.200
<v Speaker 3>to welcome, welcome in the next generation.

0:25:02.600 --> 0:25:05.440
<v Speaker 1>It's interesting to me that you know you don't see

0:25:06.040 --> 0:25:08.359
<v Speaker 1>and I've to be honest, I have not heard about

0:25:08.359 --> 0:25:10.840
<v Speaker 1>many toy makers who are black people. To your point,

0:25:11.040 --> 0:25:13.119
<v Speaker 1>we don't see enough of us doing this. And I

0:25:13.200 --> 0:25:16.879
<v Speaker 1>wonder if, having seen you now and more people becoming

0:25:16.920 --> 0:25:22.000
<v Speaker 1>aware of your story, if our creativity finds its outlet

0:25:22.359 --> 0:25:24.399
<v Speaker 1>in that way, because maybe we thought we were supposed

0:25:24.400 --> 0:25:26.960
<v Speaker 1>to deploy that creativity in one direction, but toys is

0:25:27.040 --> 0:25:31.400
<v Speaker 1>a better direction or another direction that we should consider.

0:25:33.040 --> 0:25:34.240
<v Speaker 2>I agree toys.

0:25:34.359 --> 0:25:39.200
<v Speaker 3>The annual revenue for toys outstrips the entertainment industry. We're

0:25:39.200 --> 0:25:42.080
<v Speaker 3>talking about must hundreds of billions of dollars in toys.

0:25:42.320 --> 0:25:44.399
<v Speaker 3>But I don't think we recognize it as a community

0:25:44.400 --> 0:25:46.080
<v Speaker 3>because we have the talent. Oh my gosh, have you

0:25:46.119 --> 0:25:50.600
<v Speaker 3>seen the artists in our community. Oh, just breathtaking. So

0:25:50.640 --> 0:25:54.439
<v Speaker 3>they just need to understand that there's another avenue to

0:25:54.560 --> 0:25:57.400
<v Speaker 3>express that creative juice, right, and it's in toys.

0:25:57.800 --> 0:25:59.280
<v Speaker 4>So what are some of the first steps.

0:25:59.520 --> 0:26:02.600
<v Speaker 1>Let's say, you know, I'm an artist and I was

0:26:02.600 --> 0:26:04.680
<v Speaker 1>thinking where we had Gracie's Corner on here a couple

0:26:04.760 --> 0:26:08.360
<v Speaker 1>of weeks ago, an animation series on Big Big on YouTube.

0:26:08.440 --> 0:26:10.920
<v Speaker 1>And there are other animators out there and designers and

0:26:10.960 --> 0:26:13.760
<v Speaker 1>et cetera. What are some of the easiest ways to

0:26:13.880 --> 0:26:18.280
<v Speaker 1>create those demo toys or those you know, sample toys.

0:26:18.960 --> 0:26:21.560
<v Speaker 1>I'm talking about from a manufacturing perspective, like, what do

0:26:21.600 --> 0:26:24.680
<v Speaker 1>we need to get started on the road of doing this?

0:26:25.800 --> 0:26:27.679
<v Speaker 3>So let me make sure I clarify because there's two

0:26:27.680 --> 0:26:30.040
<v Speaker 3>different I hear two different questions. How do we get

0:26:30.080 --> 0:26:33.280
<v Speaker 3>into the industry or how do we manufacture product?

0:26:33.400 --> 0:26:34.960
<v Speaker 4>What's the first steps?

0:26:35.400 --> 0:26:38.640
<v Speaker 1>So I've got, you know, maybe the design that I draw,

0:26:38.960 --> 0:26:42.199
<v Speaker 1>and I want to make this superhero cartoon character.

0:26:42.280 --> 0:26:44.840
<v Speaker 4>I have a toy. What do I do next?

0:26:45.960 --> 0:26:46.280
<v Speaker 2>Got it?

0:26:46.359 --> 0:26:48.760
<v Speaker 3>Okay, So the first thing you do is you trademarket.

0:26:49.440 --> 0:26:52.360
<v Speaker 3>Let's get what you created, right, So, let's get your

0:26:52.440 --> 0:26:55.200
<v Speaker 3>lawyer go online, figure out how to trademark your IP

0:26:55.640 --> 0:26:59.800
<v Speaker 3>number one. Then after that, make contact with If you're

0:27:00.080 --> 0:27:02.520
<v Speaker 3>very first time out, you want to make a contact

0:27:02.560 --> 0:27:04.159
<v Speaker 3>with a factory, and so maybe the best way of

0:27:04.200 --> 0:27:05.800
<v Speaker 3>doing is working through a sourcing agent.

0:27:06.400 --> 0:27:07.440
<v Speaker 2>And a sourcing agent.

0:27:07.280 --> 0:27:08.479
<v Speaker 3>Can help you do a lot of things that can

0:27:08.480 --> 0:27:10.480
<v Speaker 3>help you identify a factory.

0:27:10.720 --> 0:27:13.200
<v Speaker 2>They can even help you develop terms with that.

0:27:13.080 --> 0:27:19.080
<v Speaker 3>Factory, and they may have avenues with retailers perhaps, And

0:27:19.119 --> 0:27:20.919
<v Speaker 3>so after you have your product made, you get a

0:27:20.920 --> 0:27:23.800
<v Speaker 3>prototype of that, and then you knock on retailers doors

0:27:24.040 --> 0:27:26.879
<v Speaker 3>and you take your research of hey, I walked your stores.

0:27:26.920 --> 0:27:29.399
<v Speaker 3>Here's what I see you're missing. Here's how my product

0:27:29.440 --> 0:27:32.240
<v Speaker 3>can satisfy it at a reasonable cost, and this is

0:27:32.240 --> 0:27:36.159
<v Speaker 3>how I can deliver. And most importantly, here is my

0:27:36.440 --> 0:27:40.040
<v Speaker 3>marketing plan of how I'm going to help you Walmart, Target,

0:27:40.080 --> 0:27:43.600
<v Speaker 3>Maycy's to help move my product off the shelf, because

0:27:43.640 --> 0:27:46.320
<v Speaker 3>that's the key, right we can all get product.

0:27:46.040 --> 0:27:46.600
<v Speaker 2>On the shelf.

0:27:46.640 --> 0:27:48.840
<v Speaker 3>And no, people think that's really hard, and it is.

0:27:49.280 --> 0:27:51.600
<v Speaker 3>I'm not trying to say it's not. It's incredibly difficult

0:27:51.720 --> 0:27:55.479
<v Speaker 3>to get product a mass retail incredibly well, what is

0:27:55.520 --> 0:27:57.880
<v Speaker 3>really harder, if you will, is to get it off

0:27:57.920 --> 0:28:00.680
<v Speaker 3>the shelf, meaning getting that consumer to walk in looking

0:28:00.680 --> 0:28:03.480
<v Speaker 3>for your product and buy it. So having a great

0:28:03.520 --> 0:28:06.119
<v Speaker 3>marketing plan is also what's needed. And then you just

0:28:06.160 --> 0:28:08.840
<v Speaker 3>need to have great supply chain to get the product

0:28:08.920 --> 0:28:12.280
<v Speaker 3>to the retailer, and then a great analyst to analyze

0:28:12.280 --> 0:28:15.600
<v Speaker 3>your sales. What product is working well, what product isn't

0:28:15.600 --> 0:28:18.000
<v Speaker 3>working so well, how do we improve the one that

0:28:18.240 --> 0:28:21.639
<v Speaker 3>isn't working so well, and even suggest a replacement for it.

0:28:21.680 --> 0:28:23.720
<v Speaker 2>If it's really not performing and.

0:28:23.880 --> 0:28:28.439
<v Speaker 3>Just keep a partnership relationship with your retailers.

0:28:28.680 --> 0:28:30.080
<v Speaker 2>And a lot of people don't do that.

0:28:30.160 --> 0:28:31.800
<v Speaker 3>A lot of people think when they're working with the

0:28:32.200 --> 0:28:34.840
<v Speaker 3>big box retailers, it's like, well, I'm working with Walmart,

0:28:34.880 --> 0:28:35.639
<v Speaker 3>I'm working with Target.

0:28:35.640 --> 0:28:38.320
<v Speaker 2>They got more than enough money. I'm just gonna shave

0:28:38.360 --> 0:28:38.880
<v Speaker 2>a little.

0:28:38.640 --> 0:28:40.560
<v Speaker 3>Bit off here, take a little bit off here, and

0:28:40.600 --> 0:28:44.320
<v Speaker 3>not necessarily be a true partner to really succeed. Whether

0:28:44.360 --> 0:28:46.479
<v Speaker 3>it's in retail or whether it's really in life, it

0:28:46.560 --> 0:28:53.320
<v Speaker 3>is about being an ethic, integral supplier that will honestly

0:28:53.400 --> 0:28:57.560
<v Speaker 3>work together as partners with the retailer to actually move

0:28:57.640 --> 0:28:59.920
<v Speaker 3>product and to get your product into the hands of

0:29:00.040 --> 0:29:00.640
<v Speaker 3>the consumer.

0:29:01.360 --> 0:29:04.640
<v Speaker 1>So you went to school for logistics, your doctor there

0:29:04.880 --> 0:29:11.000
<v Speaker 1>first PhD from the Ohio State University of black woman

0:29:12.200 --> 0:29:15.560
<v Speaker 1>African American period, not even just black women to have

0:29:15.640 --> 0:29:18.840
<v Speaker 1>a PhD in logistics from the Ohio State University. And

0:29:19.040 --> 0:29:21.320
<v Speaker 1>I heard you say a couple of things in your

0:29:21.880 --> 0:29:24.600
<v Speaker 1>tutorial there on how to come from idea to execution

0:29:24.720 --> 0:29:28.040
<v Speaker 1>on toys. I'm assuming some of your logistics background helped

0:29:28.040 --> 0:29:29.200
<v Speaker 1>you speak the language.

0:29:30.720 --> 0:29:34.800
<v Speaker 3>Yes, it did, particularly when it came to the manufacturing

0:29:34.920 --> 0:29:38.960
<v Speaker 3>and the shipping and going and shipping internationally and the warehousing.

0:29:39.000 --> 0:29:40.720
<v Speaker 2>And yes, it absolutely did.

0:29:40.960 --> 0:29:44.120
<v Speaker 3>But I will tell you I wrote books on logistics

0:29:44.120 --> 0:29:45.920
<v Speaker 3>and supply chain, I wrote articles on it.

0:29:45.960 --> 0:29:47.760
<v Speaker 2>I did a dissertation thesis on it.

0:29:48.560 --> 0:29:51.760
<v Speaker 3>Nothing really prepared me until I actually did it.

0:29:51.960 --> 0:29:53.640
<v Speaker 2>You know, it's one thing to study it and to

0:29:53.640 --> 0:29:54.280
<v Speaker 2>write about it.

0:29:54.280 --> 0:29:56.400
<v Speaker 3>It's a whole nother ballgame to really get your feed

0:29:56.440 --> 0:29:59.160
<v Speaker 3>in there and start doing it. But yes, having that

0:29:59.280 --> 0:30:02.280
<v Speaker 3>background did help because I could, to your point, speak

0:30:02.320 --> 0:30:05.760
<v Speaker 3>the language, or I knew enough to know what I

0:30:05.800 --> 0:30:07.360
<v Speaker 3>didn't know, and I knew where to go out and

0:30:07.360 --> 0:30:10.240
<v Speaker 3>get the information. And that's also very helpful. You don't

0:30:10.280 --> 0:30:12.600
<v Speaker 3>have to know every answer. You're not actually you're not

0:30:12.640 --> 0:30:15.520
<v Speaker 3>supposed to know every answer, but two things. You need

0:30:15.560 --> 0:30:18.080
<v Speaker 3>to know how to find the answer, and you have

0:30:18.160 --> 0:30:20.239
<v Speaker 3>to be humble enough to work with people who are

0:30:20.240 --> 0:30:23.520
<v Speaker 3>smarter than you. I love that, because that's how you're

0:30:23.520 --> 0:30:25.840
<v Speaker 3>gonna learn. If you're hiring people that know what you know,

0:30:26.080 --> 0:30:28.880
<v Speaker 3>then you know, y'all, y'all not gonna proceed. But if

0:30:28.920 --> 0:30:30.520
<v Speaker 3>you say you know what, I know this much, I

0:30:30.520 --> 0:30:32.840
<v Speaker 3>need to hire somebody who knows this and I'm not

0:30:32.880 --> 0:30:34.960
<v Speaker 3>intimidated by the fact that they know more than I

0:30:35.040 --> 0:30:36.280
<v Speaker 3>do in this particular area.

0:30:36.760 --> 0:30:38.080
<v Speaker 2>Now we can both grow.

0:30:39.120 --> 0:30:42.120
<v Speaker 1>So I want to hear the I've heard you discussed

0:30:42.160 --> 0:30:45.720
<v Speaker 1>before the benefit of not having a ton of experience

0:30:46.040 --> 0:30:50.880
<v Speaker 1>in a particular industry category. And so often when we

0:30:50.960 --> 0:30:55.160
<v Speaker 1>do have experience, we come in with defaults and assumptions

0:30:55.240 --> 0:30:57.840
<v Speaker 1>on how things are supposed to go. But when you

0:30:57.840 --> 0:30:59.760
<v Speaker 1>don't have experience, that can be a benefit as well,

0:30:59.760 --> 0:31:02.920
<v Speaker 1>because because you can take roads people with experience won't

0:31:02.960 --> 0:31:05.120
<v Speaker 1>take because they already made assumptions about it.

0:31:05.440 --> 0:31:08.160
<v Speaker 4>Can you talk more about that that.

0:31:08.080 --> 0:31:10.480
<v Speaker 3>It was one of the greatest revelations that I had.

0:31:10.640 --> 0:31:12.800
<v Speaker 3>That question, right, there has so many jewels in it.

0:31:12.840 --> 0:31:15.440
<v Speaker 3>What you just said, Yes, when I moved it to toys,

0:31:15.480 --> 0:31:17.720
<v Speaker 3>as I said, I had no mentoring, I had no money,

0:31:17.760 --> 0:31:21.840
<v Speaker 3>I had no internship, no experience, nobody to help me, nothing,

0:31:22.880 --> 0:31:26.440
<v Speaker 3>literally nothing, And for so long, literally longer than I

0:31:26.440 --> 0:31:28.960
<v Speaker 3>care to admit, probably a year or two, I kept thinking.

0:31:28.720 --> 0:31:31.280
<v Speaker 2>That was a disadvantage, like I don't know what they know.

0:31:31.440 --> 0:31:33.520
<v Speaker 3>They've been doing it longer they went to school for

0:31:34.280 --> 0:31:36.200
<v Speaker 3>But one girlfriend told me one day as I was

0:31:36.200 --> 0:31:37.400
<v Speaker 3>sitting there lamenting about it.

0:31:37.440 --> 0:31:42.160
<v Speaker 1>I don't know this bill, sorry for yourself, right flyssory

0:31:42.200 --> 0:31:42.640
<v Speaker 1>for myself.

0:31:42.640 --> 0:31:43.560
<v Speaker 2>But what I don't know?

0:31:44.240 --> 0:31:47.480
<v Speaker 3>And she said to me, because you don't know what

0:31:47.600 --> 0:31:49.560
<v Speaker 3>you just said, Well, you don't have any perceived a

0:31:49.640 --> 0:31:52.040
<v Speaker 3>concept of how this is supposed to work. You know,

0:31:52.440 --> 0:31:55.560
<v Speaker 3>you can start and look at things fresh. And I did,

0:31:55.960 --> 0:31:58.480
<v Speaker 3>and that's why I have custom Blenda Skintnes. Nobody else

0:31:58.520 --> 0:32:00.240
<v Speaker 3>did that because they knew there was a book you

0:32:00.240 --> 0:32:00.720
<v Speaker 3>could go to.

0:32:01.040 --> 0:32:03.560
<v Speaker 2>Well I didn't. I had to create.

0:32:03.280 --> 0:32:06.480
<v Speaker 3>Those colors myself, which it ended up being more accurate.

0:32:06.480 --> 0:32:08.680
<v Speaker 3>And that's what we're known for now. So had I

0:32:08.720 --> 0:32:11.480
<v Speaker 3>had that preconceived notion, Oh, just go to this Pantone

0:32:11.480 --> 0:32:15.640
<v Speaker 3>book how we do business, the authenticity would have been

0:32:15.720 --> 0:32:19.560
<v Speaker 3>very different. So yes, I come into this not knowing,

0:32:19.720 --> 0:32:21.640
<v Speaker 3>and so I break all the barriers. I break the

0:32:21.720 --> 0:32:22.800
<v Speaker 3>rules because I don't.

0:32:22.960 --> 0:32:25.000
<v Speaker 2>Because I don't know any betre, I don't know. This

0:32:25.040 --> 0:32:25.959
<v Speaker 2>can't be done right.

0:32:26.000 --> 0:32:28.600
<v Speaker 3>No one told me you can't move from being a

0:32:28.640 --> 0:32:32.040
<v Speaker 3>professor over doing toys and interacting with people and China

0:32:32.080 --> 0:32:33.920
<v Speaker 3>around the world because you don't have the knowledge and

0:32:33.960 --> 0:32:36.200
<v Speaker 3>background all the money to do it. No one told

0:32:36.240 --> 0:32:38.920
<v Speaker 3>me that, So I didn't think it was impossible.

0:32:38.960 --> 0:32:41.080
<v Speaker 2>I literally saw a TV show and thought I can

0:32:41.120 --> 0:32:42.200
<v Speaker 2>create a dog company me.

0:32:42.320 --> 0:32:45.080
<v Speaker 3>Yeah, and I did, And I did because I didn't

0:32:45.080 --> 0:32:45.760
<v Speaker 3>believe I couldn't.

0:32:46.400 --> 0:32:50.600
<v Speaker 1>So there are three overarching highlights from this interview for me,

0:32:50.760 --> 0:32:53.040
<v Speaker 1>and I'm going to ask you after I repeat them

0:32:53.040 --> 0:32:53.280
<v Speaker 1>for me.

0:32:53.920 --> 0:32:55.280
<v Speaker 4>One, you came from a.

0:32:55.360 --> 0:32:59.000
<v Speaker 1>Very successful previous career and you decided to give that

0:32:59.120 --> 0:33:03.160
<v Speaker 1>up to pursue this. Two, there's not enough of us

0:33:03.200 --> 0:33:07.040
<v Speaker 1>creating toys or seeing toys as an option, and we

0:33:07.080 --> 0:33:10.400
<v Speaker 1>should see it as an option. And three, you know,

0:33:10.560 --> 0:33:13.080
<v Speaker 1>the stop feeling sorry for yourself when you don't have

0:33:13.120 --> 0:33:15.600
<v Speaker 1>as much experience, because that can be a benefit. Those

0:33:15.600 --> 0:33:18.960
<v Speaker 1>are three takeaways for me, and I wonder if you

0:33:18.960 --> 0:33:22.280
<v Speaker 1>could give us some of the best advice you've either

0:33:22.800 --> 0:33:26.080
<v Speaker 1>formulated because of your experience or that you've received to

0:33:26.080 --> 0:33:28.640
<v Speaker 1>help us to reach the kind of successes that you've reached.

0:33:29.560 --> 0:33:34.120
<v Speaker 2>There's two pieces of advice. One is I heard someone say, gosh,

0:33:34.160 --> 0:33:35.760
<v Speaker 2>there's so many. Now there's three pieces of advice.

0:33:36.120 --> 0:33:37.560
<v Speaker 4>Just give us all give us all of it.

0:33:38.320 --> 0:33:38.680
<v Speaker 2>Okay.

0:33:38.720 --> 0:33:41.160
<v Speaker 3>So even for me, I remember serving on the board

0:33:41.200 --> 0:33:43.320
<v Speaker 3>at Walmart and I was a young entrepreneur.

0:33:43.400 --> 0:33:45.840
<v Speaker 2>I mean young as in five years with young entrepreneur.

0:33:46.760 --> 0:33:48.640
<v Speaker 3>And I was in the room with these women that

0:33:48.800 --> 0:33:51.160
<v Speaker 3>literally one of them had a companies had that was

0:33:51.200 --> 0:33:55.240
<v Speaker 3>worth a billion dollars, others had seventy eight million, another thirty.

0:33:55.440 --> 0:33:58.040
<v Speaker 3>And I'm sitting there and I realized that no, they

0:33:58.080 --> 0:34:00.640
<v Speaker 3>weren't black women, but there were women, and that they

0:34:00.680 --> 0:34:03.360
<v Speaker 3>had to change, you know, thirty seventy eight, one hundred

0:34:03.400 --> 0:34:05.800
<v Speaker 3>billion dollars, billion dollar company. And I'm like, they're no

0:34:05.840 --> 0:34:08.080
<v Speaker 3>different than I am. So it was representation for me.

0:34:08.160 --> 0:34:09.440
<v Speaker 3>So representation counts.

0:34:09.520 --> 0:34:10.080
<v Speaker 2>It matters.

0:34:10.120 --> 0:34:11.680
<v Speaker 3>I don't care if it's skin tone, I don't care

0:34:11.680 --> 0:34:14.239
<v Speaker 3>if it's ethnicity, or for success in business, you need

0:34:14.280 --> 0:34:15.880
<v Speaker 3>a role model to know that it's possible.

0:34:15.960 --> 0:34:16.680
<v Speaker 2>So that's one.

0:34:17.040 --> 0:34:19.800
<v Speaker 3>The other is I always like to say to people

0:34:21.200 --> 0:34:23.960
<v Speaker 3>that when you're doing something lived by your heart, it

0:34:24.000 --> 0:34:26.839
<v Speaker 3>may seem crazy to other people, but ignore it. It's

0:34:26.920 --> 0:34:28.959
<v Speaker 3>kind of like, you know, if you're looking at people

0:34:28.960 --> 0:34:31.480
<v Speaker 3>who are dancing and you can't hear the music, they

0:34:31.520 --> 0:34:35.200
<v Speaker 3>actually look insane. When you can hear the music, it

0:34:35.280 --> 0:34:38.239
<v Speaker 3>all makes perfect sense and it's all orchestrated. So that's

0:34:38.280 --> 0:34:40.440
<v Speaker 3>how I look at my life and I think, you know,

0:34:40.719 --> 0:34:42.400
<v Speaker 3>for those who couldn't hear the music, like, why is

0:34:42.440 --> 0:34:44.839
<v Speaker 3>she leaving a successful career where she's known all over

0:34:44.880 --> 0:34:48.000
<v Speaker 3>the world and doing something she knows nothing about. Well,

0:34:48.000 --> 0:34:50.560
<v Speaker 3>that's because they couldn't hear my music. So I looked

0:34:50.560 --> 0:34:54.080
<v Speaker 3>insane to them. You know, fast forward twenty years, you

0:34:54.120 --> 0:34:55.920
<v Speaker 3>know now I think they're hearing my music.

0:34:56.080 --> 0:34:56.279
<v Speaker 5>Right.

0:34:56.400 --> 0:34:58.799
<v Speaker 2>So you have to follow your heart and listen to

0:34:58.920 --> 0:35:01.160
<v Speaker 2>your music. Others will give you great.

0:35:01.000 --> 0:35:04.560
<v Speaker 3>Advice, but always always listen to it with a temple

0:35:04.600 --> 0:35:07.480
<v Speaker 3>of your music, meaning does this make sense for me?

0:35:08.160 --> 0:35:10.200
<v Speaker 3>And another thing I'd also say, one other piece of

0:35:10.239 --> 0:35:13.080
<v Speaker 3>advice I learned, don't play us so safe in life.

0:35:13.360 --> 0:35:16.520
<v Speaker 2>Really, don't we have one life. Live it to the fullest.

0:35:16.840 --> 0:35:19.680
<v Speaker 3>Don't sit there and say I can't because I'm scared

0:35:19.719 --> 0:35:20.160
<v Speaker 3>or I don't want.

0:35:20.200 --> 0:35:21.920
<v Speaker 2>I'm scared. I want to do it, but I'm scared.

0:35:22.200 --> 0:35:25.680
<v Speaker 3>Take the step in faith and watch and see what

0:35:25.719 --> 0:35:28.080
<v Speaker 3>it will happen. Because that's what I did, and it

0:35:28.200 --> 0:35:30.520
<v Speaker 3>wasn't easy. I just I described it was not an

0:35:30.520 --> 0:35:34.399
<v Speaker 3>easy process. But as I took the faithful steps, every

0:35:34.400 --> 0:35:37.239
<v Speaker 3>step got easier because my faith grew. And as my

0:35:37.320 --> 0:35:40.279
<v Speaker 3>faith grew, myself awareness, my self worth grew and as

0:35:40.320 --> 0:35:43.560
<v Speaker 3>that grew, then I was making decisions that felt more empowered.

0:35:43.680 --> 0:35:46.200
<v Speaker 3>And then I wasn't intimidated by the big companies anymore.

0:35:46.239 --> 0:35:48.600
<v Speaker 2>It's like, well, I'll make as good a doll as

0:35:48.600 --> 0:35:48.840
<v Speaker 2>they do.

0:35:48.880 --> 0:35:51.279
<v Speaker 3>Yeah, they got you know, three hundred thousand employees and

0:35:51.280 --> 0:35:55.520
<v Speaker 3>I got three. But you know, we're doing the same thing.

0:35:55.560 --> 0:35:58.080
<v Speaker 3>I'm in the retailers. There in the retailers, I'm manufacturing.

0:35:58.120 --> 0:36:00.440
<v Speaker 3>I have factories, they have factories. So it's just the

0:36:00.480 --> 0:36:03.400
<v Speaker 3>thing about scale. But as you grow in your faith,

0:36:03.600 --> 0:36:06.000
<v Speaker 3>as you grow are seeing your successes, then you.

0:36:06.000 --> 0:36:06.960
<v Speaker 2>Become more confident.

0:36:07.000 --> 0:36:09.359
<v Speaker 3>As you become more confident, your company goes from one

0:36:09.400 --> 0:36:11.560
<v Speaker 3>million to twenty million, thirty or fifty to sixty million.

0:36:11.800 --> 0:36:31.200
<v Speaker 5>That's just how it works.

0:36:34.800 --> 0:36:37.600
<v Speaker 1>Black Tech Green Money is a production of Blavity Afrotech

0:36:37.800 --> 0:36:40.320
<v Speaker 1>on the Black Effect podcast Network and I Heart Media,

0:36:40.520 --> 0:36:43.520
<v Speaker 1>and it's produced by Morgan Debonne and me Well Lucas.

0:36:43.840 --> 0:36:46.160
<v Speaker 1>The additional production support by Sarah Ergan.

0:36:45.960 --> 0:36:46.800
<v Speaker 4>And Rose McLucas.

0:36:48.120 --> 0:36:50.440
<v Speaker 1>Special thank you to Michael Davis. Someone That's a Serrano,

0:36:50.719 --> 0:36:53.560
<v Speaker 1>Mayamol Drew. Learn more about my Guess and other technis

0:36:53.640 --> 0:36:57.400
<v Speaker 1>up there's an innovatives at afrotech dot com enjoying black.

0:36:57.200 --> 0:37:00.359
<v Speaker 4>Tech, green money. Share this with somebody.

0:37:00.960 --> 0:37:02.280
<v Speaker 1>Gon't get your money.

0:37:02.880 --> 0:37:03.520
<v Speaker 4>He's in love.