The Savvy Wallet Podcast

EP. 107 - Lessons learnt from Google, Changing The Hair Industry With Tech & More! ft. Antoinette Ale


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Joining us in the booth this week is Antoinette Ale, the founder of Tressly which is a Website builder & booking software for hairstylists.


In this episode we discuss:

  • Life growing up in Ghana and the difficult of transitioning to the UK
  • Tressly & how it seeks to disrupt the hair industry and support hairstylists to grow their business
  • Why getting customer feedback on your product is vital to it's success
  • Lessons learnt from doing accelerators with Barclays, Sky & Google
  • The importance of knowing the future of the industry
  • The decline of the salon model
  • Lack of formal education on diverse hair
  • Debate: Natural hair vs Non-natural hair
  • Pro's and con's of having a co-founder
  • How to stop getting distracted and much more!

  • Follow Antoinette on Instagram here

    Follow Tressly on Instagram here


    Learn AI, Cybersecurity, Data Science & more with Coursera. Ato has personally used Coursera to obtain an AI certificate. This is an affiliate link so if you purchase a course or sign up to the monthly or annual subscription, we will receive a small commission from Coursera, however there will be no additional charge to you.


    Learn on Coursera here: https://imp.i384100.net/savvywallet


    Follow me on: Instagram , TiktokTwitter

    Check out: https://www.youtube.com/savvywallet for the video version


    TIMESTAMPS

    00:00 - Preview

    00:58 - Intro

    01:33 - A lot of effort, a lot of emotional exhaustion

    04:00 - Meet Antoinette Ale

    05:06 - I grew up in Ghana: Life was sweet!

    07:57 - At school I was two levels above!

    10:11 - I was good at finance but I found it boring so I pivoted!

    15:37 - At the time not much in the media about afro hair car

    19:07 - The next big problem in the hair care industry is tech

    21:20 - How Tressly helps hair stylists to grow their business

    23:55 - The first version of my app was patchy..!

    25:39 - Entrepreneurs: focus on testing & getting feedback

    27:32 - If you care about something you’ll listen

    31:51 - Sky’s pledge to the black hair industry

    35:04 - Is it worth delaying your dream further?

    37:06 - Launch date for the release of the app

    38:04 - We want 1000 paying users by the end of 2024

    39:29 - The one thing I learnt from Google, Barclays, Sky

    41:19 - Why we’re not bootstrapping…we want to raise…!

    42:53 - Most businesses are forcing the SaaS model

    43:57 - How to prepare for investments

    45:57 - Business nowadays: it’s a niche within a niche!

    48:27 - You need to know the future of your industry

    50:41 - Tressly’s vision

    53:12 - Tressly Gala: Highs and the Lows

    57:27 - Debate: Natural hair vs Non-natural hair

    01:02:45 - The relaxer hair debacle

    01:05:27 - Pro’s and cons of having a co-founder

    01:08:16 - How to stop getting distracted…!

    01:11:14 - Why 2024 is the best time to start a business

    01:14:08 - Final words


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