Madison Reed: Amy Errett
How I Built This with Guy Raz
Guy Raz | Wondery
4.8 • 31.1K Ratings
🗓️ 18 August 2025
⏱️ 81 minutes
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Summary
Amy Errett had a successful career in finance and venture capital before taking a leap into an entirely new business: hair color. When her wife complained about the indignities of coloring her hair at home, Amy realized the sector was ripe for a makeover. At age 56, she dove into the minutiae of dyes and developers, launching her own formula in 2013, and naming it after her daughter. Madison Reed’s early successes were marred by a management meltdown, when Amy had to break with three of her co-founders—an experience she describes as one of the most difficult of her life. Today Madison Reed is available in thousands of stores across the US, and runs nearly 100 of its own salons.
This episode was produced by Sam Paulson with music composed by Ramtin Arablouei. It was edited by Neva Grant with research by Iman Maani. Our engineers were Patrick Murray and Kwesi Lee.
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Transcript
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| 0:00.0 | Wondery Plus subscribers can listen to how I built this early and ad-free right now. |
| 0:05.7 | Join Wondery Plus in the Wondery app or on Apple Podcasts. |
| 0:10.3 | You just realized your business needed to hire someone yesterday. |
| 0:14.9 | How can you find amazing candidates fast? |
| 0:17.9 | Easy. Just use Indeed. |
| 0:20.2 | Stop struggling to get your job posts seen on other job sites. Indeed's fast. Easy. Just use Indeed. Stop struggling to get your job posts seen on other job sites. |
| 0:24.1 | Indeed's sponsor jobs helps you stand out and hire fast. I was looking to hire someone recently |
| 0:29.5 | and the process was amazing because I actually used Indeed. There's no need to wait any longer. |
| 0:35.5 | Speed up your hiring right now with Indeed. And listeners |
| 0:39.1 | of this show will get a 100 pound sponsor job credit to get your jobs more visibility at |
| 0:45.5 | Indeed.com slash how I built. Just go to indeed.com slash how I built right now and support our |
| 0:53.8 | show by saying you heard about Indeed on this podcast. |
| 0:57.2 | Indeed.com slash how I built. Terms and conditions apply. Hiring, Indeed is all you need. |
| 1:05.3 | AI might be the most important innovation ever. It's storming every industry, with literally billions being invested. |
| 1:12.0 | So buckle up. The problem is that AI needs the right data and a lot of speed and processing power. |
| 1:17.8 | So how do you compete without costs spiraling out of control? Time to upgrade to the next generation |
| 1:23.2 | of the cloud. Oracle Cloud Infrastructure or OCI. OCI is a single platform for your infrastructure, database and application development, with |
| 1:33.3 | AI embedded across it all, and Oracle's sovereign cloud helps you address your requirements |
| 1:38.3 | for location, access and data residency. |
| 1:41.3 | OCI provides blazing fast speeds for AI's demanding workloads. And in the cloud, |
| 1:46.8 | when you pay by the minute, speed matters. And of course, nobody does data better than Oracle. |
| 1:52.6 | If you want OCI to help you do more and spend less like Uber, the Premier League and Oracle Red Bull Racing, |
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