Wednesday, May 6, 2020

Self Made Netflix Series: Fancy's Commentary

Let me just start by saying, I know that everything in this series was not true. Netflix kind of made that disclaimer when it was marketed as "based on her life" and not a "biopic". But whatever, I was entertained. As a woman. As a woman in business. As a woman in business in the beauty industry, I could relate to her struggles and triumphs. Here's my two cents...

People will deflect their own fears on to you

Poor C.J., the husband. He just didn't have the vision or the ambition. Our people are scared now, in 2020. I can only imagine how deeply entrenched the slave mindset was as the child of a former slave. He just wanted to get by and be comfortable. He meant well by encouraging his wife to take a job when things got tough. As a man, he probably didn't want to see his wife hurt. I can admit,
set backs can be discouraging and sometimes the feeling of defeat can be overwhelming. However, successful people get back up, assess the damage and learn from the mistakes. I can admit, had it been my husband trying to sway me from my dreams I wouldn't been irritated. Understanding but irritated. 

Beyonce said it best...

It's MY shit! BOW DOWN, BITCHES!!! I've never been one to brag or talk a lot about what I've accomplished or the things that I have. However, it is super annoying when people assume that your lifestyle is because of your husband. The man always gets the credit. I am blessed that my husband actually gives me credit for my accomplishments and business acumen. While my husband helps me with heavy lifting, literally, he lifts the heavy stuff, and sales, he would NEVER try to take any credit for Fancy Free Hair & Skin. That's my baby. He helps and invests in me but it's mine. If I thought C.J. was weak for trying to encourage Madam to get a job, he was SUPER weak for trying to take credit and ownership for her company. Very annoying. Would not recommend.

Marketing makes a difference

There are sooooo many trash products out there that are successful because they have a great marketing team behind them. Madam C.J, may have stolen the formula for her "Magical Hair Grower" product but she had a story that sold which is why she is more prominent in the history books and not her mentor. I realized this early on in my business and hired a marketing team to help me tell my story in a way that is relatable and compelling. Watching this series made me realize that I I can do better with sales. I am no where near as aggressive as she was portrayed in the Self Made series. Her sales team was lit. Since hiring a sales force isn't quite in my budget yet, EYE gotta go harder myself. Noted.

You can get a $1 Million order and not make a dime

It seems that everyone who has a product wants to get placement in a big box store. I'm glad that this series showed that isn't the only route to success. I thought that's what I wanted early on. But then I got some mentors and learned the truth about those deals. 
  1. I'd have to make changes to my formulas. My customers are attracted to the natural ingredients of my products. However, natural products mean shorter shelf life. Which means, products should be used almost as soon as they are manufactured. Product placement in large stores almost always require longer shelf lives which means....adjusting the formulas and possibly adding a few more preservatives. I'm not necessarily interested in doing that.
  2. Your product placement on shelves is at the whim of the store. If your products are placed anywhere other than eye level...forget about it. If they decide they don't want to carry your products anymore....forget about it. If stores are closed because of a pandemic or war....forget about it.
  3. Filling that $1 million order is the first step but then you have market downs, charge backs and charged off goods, you might no make ANY money. Imagine doing a million dollars worth of work and going home with nothing. Heartbreaking.
In the end, I was entertained and inspired. I think that's what the Madam would have wanted. That's all I have to say about that.



Shameless Plug Alert:
Fancy Free Hair & Skin manufactures quality products for hair and skin, as well as provides natural hair consults for women who would like assistance on their natural hair journey. Our motto is "Keeping you fancy and free of chemicals." Visit our website, www.fancyfreehairandskin.com, to see a full range of our products and services. Sign up for our mailing list to receive natural hair tips and stay up to date on sales and the latest happenings with Fancy Free.


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