Our guest today is Manica Blain. In this episode, we journey through the fascinating evolution of two beauty brands that have overcome initial hurdles to achieve remarkable success. Discover how an Ayurvedic beauty brand captured investor interest through high repeat purchase rates and how Everest, a hair care concentrate brand, pivoted from sustainability to performance, leading to explosive growth.
Thank you to our Partner –– Propeller Industries https://www.propellerindustries.com/
Propeller Industries is the leading strategic finance and accounting partner for venture-stage companies.
We Discuss:
•Investing in Long-Lasting Consumer Brands
•Founding and Growing Beauty Brands
•Investment Strategies in Beauty Industry
•Dealing With Red Flags in Business
•Fund Development and Co-Partner Dynamics
•Inspiration in Books
0:01:35 - Investing in Beauty and Personal Care
0:04:44 - Evolution of Consumer Brand Expectations
0:08:08 - Brands Iterating to Find Success
0:18:41 - Investing in Beauty and Personal Care
0:23:09 - Beauty Industry Exit Dynamics
0:25:22 - From Bootstrapping to Funding
0:37:57 - Importance of Customer Retention
0:41:50 - Future Plans for Topknot Ventures
0:46:15 - Investment Strategy and Relationship Building
0:49:29 - Book Inspiration - Personal and Professional
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