5 • 854 Ratings
🗓️ 30 June 2022
⏱️ 45 minutes
🧾️ Download transcript
“I’m a firm believer that crazy good doesn’t have to be crazy expensive,” says Lindsay Holden, co-founder of Odele hair products. After leaving her corporate job to spend more time with her family, Lindsay knew she wanted to come up with her own product. Lindsay realized there was a blank space for high-quality organic hair care products that didn’t break the bank. Since launching in the beginning of 2020, Odele has sold exclusively at Target. Her up-close experience with the consumer market was invaluable in developing Odele, not only as it familiarized her with what they want, but how they come to choose products. Through her prior corporate experience, Lindsay has created an organic force of promotion for her products, without the help of multi-million dollar advertising budgets like Odele’s competitors often have.
According to Lindsay, once your product shows up on shelves, you want to keep it there, bearing in mind shipping issues and making sure it’s creating a disruption in its shelf space. When the product delivers what it says it’s going to do, it earns its own media, which is irreplaceable social proof.
Learn how to break things down into sizable chunks when you’re overwhelmed, why contractors and part time help are just as valuable as a team of full time employees, and why staying curious enough to ask the right questions is more valuable than having all the answers.
Quotes
• “I went to the large company for the experience but I never saw it as the end all/be all for me. I knew I wanted to do something on my own terms eventually.” (6:06-6:15 | Lindsay Holden)
• "I realized that I was at this point in my career where I was giving to the company more than I was receiving back and it was coming at the cost of time with my kids.”(6:34-6:45 | Lindsay Holden)
• “I’d say it was really the experience at Target and being so close to the consumer, putting the consumer first and understanding how to execute and what makes it successful. It’s one thing to get it on the shelf, it’s another to make sure it’s successful when it gets there.”(23:09-23:27 | Lindsay Holden)
• “We were profitable out of the gates. We built this in a kind of old school way. (29:04-29:10 | Lindsay Holden)
Connect with Lindsay Holden:
Instagram | https://www.instagram.com/odelebeauty/?hl=en
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0:00.0 | Dear Founder, as you know, there's no blueprint for entrepreneurship. You wear so many hats, |
0:09.7 | you burn the minite oil, you pour your heart and soul into everything that you do. But without a doubt, |
0:15.3 | the journey is worth every single second that you put into it. I'm Lindsay Pinchuk, host of the Deer Founder podcast. I say this |
0:23.3 | because I've lived it for over a decade. I started my first company with $500 in my pocket and a |
0:29.2 | baby in my belly. I grew it and I sold it all. This podcast is my weekly letter to you. We'll talk |
0:36.1 | all things starting, growing, nurturing, and in some |
0:39.7 | cases, even selling a business. Together with some of my closest contacts, I'm here to help you |
0:44.9 | find your own success, whatever that means to you. The ride as a founder is the ride of your life. |
0:50.8 | So come on and join me for another episode that will get you one step closer to |
0:55.0 | reaching your own founder goals. Welcome back to another episode of Dear Founder. If you like what |
1:01.0 | you're hearing on the podcast, please make sure that you take out your phone, scroll down, |
1:04.4 | and leave a five-star rating or review so that others can find us. We want as many people as possible |
1:10.1 | to benefit from the incredible stories here, |
1:12.6 | and this helps them to do so. Before we start today's episode, I also want to take a second to thank you. |
1:19.6 | In just a few short months, we've dropped over 50 episodes. We've been downloaded thousands and |
1:24.8 | thousands of times, and this podcast has really reached some |
1:28.2 | incredible milestones. The most important and the most exciting has been helping so many of you. |
1:34.2 | From founding, growing, and selling my company and now helping others to do the same, |
1:39.1 | so many of you trust me right here, but also through my classes and my one-on-one programs, |
1:43.7 | as well as on my social |
1:45.1 | media. Your belief in me is so appreciated and now I can help you to grow your own personal brand |
1:50.2 | or your company's community through content, social media, partnerships, email, collaborations, |
... |
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