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The Table with Anthony ONeal

No House, No 401k, No Problem: How She Built a $1M Business From Scratch

The Table with Anthony ONeal

The Neatness Network

Business, Christianity, Education, Entrepreneurship, Religion & Spirituality, Self-improvement

4.82.1K Ratings

🗓️ 1 July 2024

⏱️ 48 minutes

🧾️ Download transcript

Summary

In this episode, we sit down with Dawn Myers, the brilliant mind behind "The Mint," a revolutionary thermal infuser and styler. Dawn's company, Richualist, is dedicated to solving the unique challenges of textured hair with tech-enabled hardware solutions. Remarkably, Richualist is one of only 100 Black women-led companies to raise over $1M in venture funding. Even more impressive, it belongs to the elite less than 3% of hardware startups that successfully reach the market. With backing from renowned investors Mark Cuban and Emma Grede, Dawn's journey is a testament to innovation, resilience, and the power of representation in the tech industry. You don't want to miss this! 🪮 Purchase The Mint: https://richualist.com Mentioned On Today's Show: 🤝 Ethos Life Insurance: http://anthonyoneal.com/lifeinsurance 📱Dawn Myers: https://www.instagram.com/dawndoesthemost/?hl=en 📱Richualist: https://www.instagram.com/getrichualist/?hl=en 🌸 Fearless Fund Foundation: https://www.fearless.fund | https://www.fearless.fund/fearlessfreedom 📖 Book of the month: https://amzn.to/3wAHebK Checkout My Network Partners: 🤝 Bethel Tech: https://www.anthonyoneal.com/bethel 🤝 Better Help: https://www.betterhelp.com/ao 🤝 Chime: https://www.chime.com/ttao 🤝 Course Careers: https://www.anthonyoneal.com/bootcampcc 🤝 Ethos Life Insurance: http://anthonyoneal.com/lifeinsurance Tools Created With YOU In Mind: 💲Wealth Builder Tool: https://www.anthonyoneal.com/wealthbuilder 💰 Wealth Calculator: https://www.anthonyoneal.com/wealth-calculator 💸 Debt Calculator: https://www.anthonyoneal.com/debt-calculator 🏦 High Yield Savings Account: https://anthonyoneal.com/savings 💵 MooMoo Investment Account: https://www.anthonyoneal.com/moomoo 💲Financial Advisor: https://www.anthonyoneal.com/domain-money 📗: The Ultimate Guide To Debt Payoff: https://www.anthonyoneal.com/free-tool/debt-payoff 📒 Make Money Online: https://www.anthonyoneal.com/free-tool/how-to-make-money-online 📈 Get A Raise: https://www.anthonyoneal.com/getaraise 👩🏾‍❤️‍👨🏾 Singles Playbook Quiz: https://take.singlesplaybookquiz.com/ ❓ Guide To Asking Hard Questions: https://get.thequestionsguide.com/o/ ⛪️ My Devotionals on The Bible App: https://rb.gy/v0qf9i 🔎 Find a Church Near You: https://www.anthonyoneal.com/find-a-church-community The Neatness Network: 🎤Patrice Washington: @PatriceWashington 📗Joy River: @TheCouchwithJoyFriends 👩🏾‍🍳Victoria Lewis: @thevictorialewis 🏅Justin Owens: @Runtheplay 👨🏾‍💻Cyrus Harbin: @techisthenewblack Who I AM: Hey, fam! I’m Anthony and I’m here to help you discover your authentic self and achieve spiritual, financial, and mental freedom. I know what it’s like to be in debt and homeless - I’ve been there. But with the grace of God, I was able to turn my life around and I’m now helping others to do the same. Disclaimer: Some of these links are affiliate links, which means I may get a commission if you purchase. However, none of the fees of these resources have been increased to compensate me. In fact, many of these have given me special discounts that I get to extend to you! 😉 Advertising Inquiries: https://redcircle.com/brands Privacy & Opt-Out: https://redcircle.com/privacy

Transcript

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0:00.0

Don Myers is rocking the beauty world with her game-changing invention for curly and coily hair.

0:05.9

It's called the mint.

0:07.5

All of the companies that typically are responsible for putting out products for us, right?

0:12.8

When you think about all of our legacy brands,

0:15.0

they're the ones who are putting it out.

0:16.5

But those people do not understand

0:18.7

what the back end of our wash day looks like

0:21.2

like there have been men who I've dated who were apparently

0:23.6

tolerating me right but who told me I mean I really like it when you straighten

0:28.0

your hair can you can you straighten it for that's a preference I'd really like to give you an

0:32.2

offer because I just think you're so spectacular and I just

0:35.4

understand this.

0:37.6

My dear friend Dawn, what's up Dawn?

0:39.9

What's up, Dawn?

0:41.1

We don't have a pathway into hardware because again that barrier to entry is incredible.

0:46.0

When you're saying barrier entry you need to have at least 3 million you're talking about 3 million dollars in capital raise or capital.

0:52.0

One thing about me is I'm not $3 million in capital raise or capital.

0:53.0

One thing about me is I'm not I'm not book smart.

0:55.8

I'm street smart and I know how to sell.

0:58.2

And there was a sales opportunity

1:01.3

that sales job open.

1:03.0

They wouldn't give me the job because the guy told me.

...

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