From $150,000 in Debt to Over $100 Million Dollars in Sales with Tracy Holland, Co-Founder of HATCHBEAUTY Brands

Tracy Holland is the co-founder of HATCHBEAUTY Brands, a top
beauty and wellness incubator that has grown to over $100 million
in sales. 


After leaving a career in public service, Tracy founded her first
business in grad school where she went all in and invested every
dollar she had to build something that would later be the
foundation of her business today. HATCHBEAUTY works with top
retailers, artists, and influencers to bring their ideas to life
and create innovative brands in the beauty and wellness industry.
Tracy is also the founder of HATCHBEAUTY Ventures where she
advises young women entrepreneurs on business growth and
strategy. As a mother of three young children, Tracy is a prime
example of how you can balance motherhood with a career and that
you don’t have to sacrifice one for the other.


Tracy’s awards and honors include 2019 Fashion and Beauty Award
for Beauty Service Provider of the Year, EY Entrepreneur of the
Year 2017, and election to The Committee of 200, an organization
of the most successful women business leaders globally.


In this episode, we'll talk to Tracy about:


* Tracy discusses her childhood growing up in an academic family
and why her definition of success varied considerably from her
parents’ [2:24]


* Tracy reflects on what she learned from going to reform school
at the age of 15 [5:40]


* Tracy always thought she wasn’t smart enough but walks through
how she eventually built her confidence which ultimately helped
her considerably in business [9:44] 


* How Tracy started a successful scented nail polish company in
grad school and invested her student loans to help with the
financing [12:50]


* Tracy shares how she got into big retailers despite having no
experience in the industry [15:55]


* Tracy explains why the brand failed, the importance of IP and
understanding your deal structure when it comes to financing
[18:46]


* Tracy walks through how she overcame a dark time when her
business failed and she was $150,000 in debt [23:00]


* Tracy discusses key lessons she learned working in various
businesses and why she ultimately quit her job to take control
her own destiny [24:55]


* Tracy opens up about her journey to motherhood & marriage
[33:00]


* Why Tracy’s definition of wealth has changed over the years
[41:40]


Follow HATCHBEAUTY Brands:


* Instagram:https://www.instagram.com/hatchbeautybrands/


* Website: https://www.hatchbeautybrands.com/


Follow Yasmin:


* Instagram: https://www.instagram.com/yasminknouri/


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