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How Marcus Bowers Turned an $800 Investment into $100 Million in Sales With She's Happy Hair
Manage episode 402704382 series 3376874
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In this episode we have Marcus Bowers, Co-Founder of She's Happy Hair, in the guest chair. She's Happy Hair is the #1 Virgin Hair Supplier in the US and is a veteran-operated, black-owned business that recognized a void in the hair industry. There was a huge demand for high-quality, yet affordable human hair extensions, that many companies failed to meet. Co-founders and U.S. military veterans, Warren Broadnax and Marcus Bowers decided to fill that gap.
With a passion for entrepreneurship, She’s Happy Hair was formed in 2012. She’s Happy Hair has developed into a household name with locations across the United States.
In this episode we discuss:
- Humble beginnings and the impact of serving in the US Navy has on your life (3:19)
- Leaving the military and becoming an entrepreneur on accident (14:39)
- The inspiration behind creating She’s Happy Hair company (25:35)
- Leading by standing out from competitors and being innovative (28:05)
- The evolution of the hair industry and how to fill in the gaps in your industry (33:40)
- Difference between hustling and creating a business (42:10)
- Initial investments - turning $800 into $100 Million with no business loans (45:10)
- Create the plan but don't forget to implement the plan (50:50)
- Advice with black entrepreneurs and aspiring entrepreneurs (53:10)
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