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The Economic Power of a Brand with Tarang Amin

The Economic Power of a Brand with Tarang Amin

FromNorth Star Leaders


The Economic Power of a Brand with Tarang Amin

FromNorth Star Leaders

ratings:
Length:
31 minutes
Released:
Dec 19, 2023
Format:
Podcast episode

Description

Tarang Amin is the Chairman and CEO of e.l.f. Beauty, a cosmetics company he took public in 2016. He previously served as CEO of Schiff Nutrition and has over 30 years of experience in the consumer products industry. Under his leadership, e.l.f. has grown into a digital-first cosmetics powerhouse while staying true to its roots of providing prestige quality at accessible price points. 

You’ll hear Lindsay and Tarang discuss:

Brand builds economic value by increasing pricing power, enabling premium salaries, driving higher sales per employee, and generating significant goodwill value.  

Clearly defining your North Star guides decision-making at all levels. It attracts talent aligned with your purpose and makes it easier to reject opportunities that don't fit your mission.

Seek "healthy conflict" between reflection and action. Thoughtful rituals create space to recharge, but avoid overthinking that leads to paralysis. 

Build a diverse team that reflects your consumer base. This fuels innovation, having your finger on the pulse of their needs and desires.

Brands must stay fresh by constantly testing new ideas, platforms, and partnerships. Listen to your community and meet them where they are.

Create a culture of empowerment. Hire those smarter than you for each function then give them ownership to drive results.

As a leader, surround yourself with an executive team that complements your skills and energizes you. Delegate areas of expertise to avoid burnout.

Celebrate failures as learning opportunities while doubling down on what resonates with customers. Stay humble and hungry.

Intentionally carve out time for reflection, travel, passions, and interactions that spark energy. It enables you to show up at your best.

Launch experiments rapidly without overanalyzing. Use consumer signals and engagement to dictate next steps rather than endless planning cycles.


Resources
Tarang Amin on LinkedIn | X (Twitter) 
e.l.f. Beauty
Released:
Dec 19, 2023
Format:
Podcast episode

Titles in the series (14)

As a leader, how do you know where to focus? When there are a hundred possibilities, how do you direct your time, your team, your budget, your emotional energy? And - how do you step back and consider the longer term? How do you set conditions for the business to create value not just now, but for years and decades? How do you dance the tension between creating economic value now, while also serving a noble purpose? If you wonder about these things, then this podcast is for you.