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509: Shark Tank Winner Reveals How to Create a Million-Dollar Beauty Brand | Alicia Scott

509: Shark Tank Winner Reveals How to Create a Million-Dollar Beauty Brand | Alicia Scott

FromThe Foundr Podcast with Nathan Chan


509: Shark Tank Winner Reveals How to Create a Million-Dollar Beauty Brand | Alicia Scott

FromThe Foundr Podcast with Nathan Chan

ratings:
Length:
48 minutes
Released:
Apr 26, 2024
Format:
Podcast episode

Description

A year after filming, Alicia Scott anxiously watched her appearance on Shark Tank surrounded by friends and family. Her pitch was first on the episode, and she nailed it by securing a deal from Emma Grede, the business mind behind Kardashian brands like SKIMS and Good American. Scott then pulled up her Shopify store. The numbers were shocking. In one weekend, she made six months' worth of revenue. Two years after the air date, Scott's built Range Beauty into a million-dollar ecommerce beauty brand that’s inclusive of all skin shades and types. 

In this episode, you'll learn:

To start your business by social listening

How Range Beauty 10x sales after Scott quit her job

Why you should date your manufacturers

What Shark Tank is like for an indie brand

What it's like to have Emma Grede as a mentor and investor

Why losing her first brand name was a blessing in disguise

How to differentiate your brand in the beauty industry

You need to love sharing your pitch

Challenges as a Black founder in the beauty space

To treat your audience like investors

And much more beauty brand advice...


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Magazine
Released:
Apr 26, 2024
Format:
Podcast episode

Titles in the series (100)

We interview hard to reach entrepreneurs. (Mark Cuban, Seth Godin, Tim Ferriss, Tony Robbins, Barbara Corcoran, Daymond John & many more). Unlike most podcast interview series Nathan Chan literally started from knowing nothing. He was just an average guy working in a 9-5 job he utterly hated. He knew nothing about entrepreneurship, nothing about startups, nothing about marketing, and nothing about online or how to build a business. So from launching Foundr Magazine he's gone out and spoken to some of the most successful entrepreneurs and founders in the world in the world to find out exactly what it takes to become a successful entrepreneur, so YOU can learn from them. Why this podcast? Because we're asking the same questions you want to know as an entrepreneur on their journey to building an extremely successful business. We're on the front-lines facing the daily battles you are. How do I get more customers? How do I scale my business? I want to start a business, but just don't know where to start? How did this person get millions of customers and make millions of dollars and have a such a massive impact on the world? Some of these entrepreneurs are very well known, and some not known at all and that’s the cool part! Here we will share with you our best interviews from Foundr magazine showcasing this persons processes, failures, critical lessons learnt and actionable strategies showing YOU how to build a successful business. This is NOT your AVERAGE everyday entrepreneurship podcast.