- Businessman | -
The ability to forget is a prerequisite for an entrepreneur.
Richelieu Dennis
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Madam C.J. Walker was the first person to devise and scale a business model that addressed the hair care and beauty needs of women of color while also challenging the myopic ideals of the beauty industry at that time.
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My whole life has been about building community, building business in our community, empowering people in our community.
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We were presented with limited opportunities to get distribution when we went to retail, so we made the hard decision to build the brand and win the community first.
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We understand that we, as a brand, have transcended a brand, and we are part of our cultural identity, and there's a responsibility that comes with that.
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Like so many women aspiring and working to create the life they desire, Madam Walker lived with a vision that was beyond her time - a vision for the way that things could be, not the way they were.
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I was born and raised in Liberia in West Africa. My mother is Sierra Leonean, and my father's Liberian. I grew up at a time when there was a lot of civil unrest in both countries, so when something would happen in Liberia, we'd go to Sierra Leone, and when something would happen in Sierra Leone, we'd go back to Liberia. We moved to save our lives.
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I was fortunate enough to get a scholarship to go to college in the United States. By the time I graduated, we had a full-blown civil war in both Liberia and Sierra Leone. I couldn't go home.
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My father ran an insurance company, but he passed away when I was 8. My mother was an economist working for the government of Liberia. But both my grandmothers were entrepreneurs in rural West Africa.
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A critical lesson I learned is that we have to make sure all our employees, particularly new hires, have a full immersion in our culture.
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One of the hardest things to do is to get capital. That's where we, as black business, struggles. And the other place we struggle is scale, and because we don't have an access to capital, we cannot scale.
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As a kid growing up, one of the brands I thought was tremendous was Karl Kani... and I don't see Karl Kani today. I want to see SheaMoisture tomorrow.
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