Transcript
WEBVTT
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What makes a great leader and what does it take to become a CEO in the beauty business?
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We'll seek out the answers to those questions and beyond during this episode of no Wrong Choices.
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Thank you so much for joining us.
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I'm Larry Samuels, soon to be joined by Larry Shea.
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Before we dig in today, we do have one request Please be sure to like and follow no Wrong Choices on your favorite podcast platform.
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Your support enables us to keep bringing these great stories to life.
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Now let's get started.
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This episode features the president and CEO of the cosmetics company Presperse, Joy Atkinson.
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Joy is a remarkable leader and genuinely inspiring person who has thrived within that industry for decades.
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Larry Shea is my partner in crime for this one.
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Please lead us in.
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Yeah, sometimes you know we're really lucky.
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We get to talk to these amazing people and dig into things and get access when you know other people don't.
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We get to talk to the CEO and she's amazing.
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She's a quote, a second.
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She's going to give you amazing insight on this episode.
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I think there's more advice packed into this episode than maybe any other episode we've ever done does how she gets there.
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This is an amazing episode.
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It's one of my favorites.
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And Joy she just gave us a lot of her time and she really you could hear the joy in her voice.
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Joy has joy in her voice as she speaks to this episode of no Wrong Choices, so thank you.
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Joy for the access.
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We really appreciate it Absolutely.
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It was a chance to dig into a type of company and industry that Larry and I literally knew nothing about beforehand.
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We learned a ton.
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It is so interesting and Joy is one of the most authentic and inspiring people I've come across in our journey.
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So, with no further ado, here is Joy to tell us her story.
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Now joining no Wrong Choices is Joy Atkinson.
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Joy is the president and CEO of the beauty company Presperse, an innovative firm that has the unique and hard-earned distinction of being certified as a great place to work.
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Joy, thank you so much for joining us.
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Thank you so much for having me, Larry.
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It's great to see you.
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I imagine you had a lot to do with the fact that your company Is a great place to work.
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Oh, wow, I appreciate that compliment, but I actually have to say it's our employees.
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They are the ones who get to vote on that actually, and I promise no payment came from me, no bonuses in advance.
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I didn't pay off anybody but, funny enough, that came as a part of us joining the UN Global Council and wanting to really achieve on some global metrics, actually to make our company a really good company from a sustainability and corporate social responsibility standpoint.
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And I didn't want to just, you know, walk and not have the talk or walk the talk.
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I wanted to have the statistics behind us and under this, one of the metrics is the opportunity to go out and test your corporation as a great place to work.
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So I was a little like when they suggested it.
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I thought, should I really do this?
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Ok, well, you know, it's a metric and we can set a bar and see how we do.
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And I was really scared.
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It's about 30 questions completely open-ended for employees to answer, and I was so excited the first.
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I'd been in job for about a year and then we did this, and so the first time out we got a score of 86 and, and there's so five really key questions around, things like would you recommend your friend to work here?
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Wow.
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Yeah, would you, if you had the choice to leave your job and go to another job, if maybe money wasn't so much a factor, would you want to leave?
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So really deep questions like that.
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And the first year, out of the employees we got 86%, and then this year we had 93% participation of all of our employees and we got a score on those five important questions out of the 35 of 100%.
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That's amazing.
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Yeah, that puts us in the Fortune 100 of small to medium companies and I was thrilled.
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But I have to give the credit to them.
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They're the ones because I also feel like I work at a great place, so I have to give the credit to them.
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Well, as somebody who worked at Dish Network for a period of time where we ranked last, I believe, year in and year out, for employee satisfaction, I greatly respect and admire, and perhaps am a little jealous of the circumstances and environment that you have created.
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Oh, thanks so much.
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So Joy with that set the stage for us in terms of what Presperse is, and I hope that I'm saying the name correctly.
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You are saying it correctly.
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And what you do there.
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Yeah, so the name presperse is a chemical.
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It's kind of derived from a chemical word, which is predispersion, which is something that many chemists bench chemists have to do.
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When they're incorporating a powder base into a liquid, they have to predispers that powder into something and then put it into the base that they might be working with.
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And the Blacks who started this company over 50 years ago, they were good friends with the Lauders.
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Yeah, that name is familiar.
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They had an in.
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Exactly.
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Apparently, jeanette Black and Evelyn excuse me, estee Lauder herself were friendly, and so Estee said hey, your husband's a chemist and we could buy from you guys if you guys have some cool chemistry.
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And so that's how this whole thing started in New Jersey, in Somerset, new Jersey, many, many years ago, and I joined the company four years ago as president and CEO.
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So I am I mean, I'm thrilled.
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I always wanted, had in my sights for my career, to be a president and a CEO and now I finally have that job.
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And I have to say I admire all the past president and CEOs who I was highly critical of.
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So now I'm like, know what goes around comes around yeah, so this is the other larry joy.
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So nice to meet you.
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Um, you know, I never thought about the the actual substances that make up beauty products.
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It's, it's a fascinating field.
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I mean, I don't even know what we're talking about.
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Is it oils, plants, powders, like?
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Is it expensive?
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Is it rare, like?
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I think a good place to hit this is right now, while we're on this, so tell us a little bit about what these actual things are.
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Sure.
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And so to your question is it all of those things it actually is?
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So, at Presperse we have over 450 different raw materials and if you look on the back of anything your mints, care products, products that you might be using shampoos, hair conditioners you'll see those list of all those materials and what's called inky terms, which is basically is an ingredient nomenclature.
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So those are words that, depending doesn't matter who manufactures them, those terms all have to be the same, and then there might be some items on there that are specific to those particular brands, and typically those are all spelled out.
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Sometimes they're really complicated, but the reality is we're all chemicals, even us, and so, even though that word chemical or chemistry is scary sometimes, once you start understanding even what humans are made of, it's kind of all understandable.
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So we supply materials that are in the back of those packages and mainly we focus on cosmetics.
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So we do personal care, which means things from, say, your neck down, but we do a lot of beauty, so a lot of color, a lip, we do really wonderful active materials that hopefully keep us younger, and so we work on all kinds of things.
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But we also do sun care, body lotions, facial lotions and we're in hair care now, but we're always staying on top, top of the materials, in the forefront of the materials because they do get regulated out.
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Some of them and some of sometimes consumers just like think sulfates.
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You've heard of sulfate free shampoo.
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Nothing really necessarily wrong with sulfates, but consumers who may be like me.
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I don't want to do the whole wicked hair toss, but there you go.
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At least you can as I rub my shiny head.
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He's follicly challenged.
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I was working on that with my daughter.
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She's 21 and she was like laughing at me, really, mom.
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Anyway, so sulfates might dull our colored hair, so you might want to use sulfate-free hair.
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But anyway that's just an example.
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So that's what we supply.
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We supply those raw materials, but there are a few competitors in our industry, but we have exclusive materials.
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Many of our materials come from overseas.
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They might come from Japan you hear of J-Beauty or Korea you hear of K-beauty, or Korea, you hear of K-beauty.
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Some of them come from Europe, from France, from all over the world.
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But we go out and seek for those really wonderful, beautiful, exclusive materials that can go into skincare products and color products.
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Super cool.
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That's fascinating and a question that neither of us have ever asked before, so thank you for that.
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Now let's make this about you.
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So, joy, we want to dig into your journey and how you got to the point where you are now running this amazing company.
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So take us back to the beginning.
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Who was Joy when she was younger?
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Were you organizing the kids on the playground, like?
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Who were you when you were a kid?
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And just tell us a little bit about yourself.
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So first off, I have to shout out to my folks I have incredible parents.
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My dad was an executive with the railroad and my mother was a ballerina in New York City.
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Oh, wow, yeah, how about that?
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So I come from a very numbers and disciplined background completely.
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So you merge numbers, you merge discipline together and voila.
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And creativity too.
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Yeah, yeah, creativity Exactly, I have to say.
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And my daughter's a ballerina, but it did skip a generation.
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But there's a funny story tied to that.
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So my mom, she did try to coerce me and force me to become a ballerina.
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So from a very early age I was taken off to her ballet classes and she was teaching us not really ballet, but in first grade I think.
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She told me the story.
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She was teaching us how to do the hula.
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She told me the story.
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She was teaching us how to do the hula and then all of a sudden half the class was missing and my mom was like where'd everybody go?
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And she has to teach her.
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And apparently I was teaching my own hula class in girls' bathrooms, oh geez.
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So I think leadership skills maybe came out there and my mother obviously got very upset with me because clearly, I had no idea what I was doing.
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That is very funny.
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It wasn't going to be a ballerina.
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What was the dream?
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What did you want to be when you were?
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Did you have a dream when you were that age?
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Some people don't.
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So when I was really young, my uncle was an attorney and I was just.
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I thought he was the coolest guy because I would listen to those conversations at the dinner table when they think you're not listening and I was like, wow, that is so fascinating, I think I want to do that.
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As I got older, I kind of started changing my mind and at 16, I worked in a bank as a proof operator, if you can believe this.
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So I really wanted to redecorate my bedroom.
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So I got a job where I could make some money and proof operators we, back in the dinosaur era, we put those little magnetic ink numbers at the bottom of checks, those things that people used to write.
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Crazy, but I made great money at the bank.
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So then of course, I wanted to be Jamie Diamond.
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Although I didn't know who Jamie Diamond was, I said I wanted to do that.
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I wanted to be the big boss of banks.
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I graduated from Georgia State University with a degree in business and with the goal of thinking.
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I worked all through college at the bank and wanted to do that.
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Unfortunately and this does show my age a little bit but when I graduated and I went back to that bank and I said, hey, I'm here, I have my degree, I'm ready to go management training program.
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And I said I want to be in corporate lending.
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And they were like, nope, we're putting you in the branches.
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And when I couldn't get them, I was like why?
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And he said because we don't have women in those jobs.
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Oh, wow, wow.
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Can you?
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imagine.
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But here's me.
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I go now and I'm from the South, accent a little bit.
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But I said now, if you don't give me the job that I want, I'm going to get right up out of this chair and take my talents elsewhere.
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You know what he?
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Said Good for you no, he said you do what you got to do.
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Wow.
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So off I went, panic stricken that I had to go home and face my folks and say had a job offer and I walked out.
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And so I went and got a job in a department store at Christmas time and I could not believe that people were getting paid to have that much fun.
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So that began my journey into cosmetics and fragrances and department stores and understanding consumers, and that's how it all started.
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I need to dig into that for a second.
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Yeah, sure, the guy who said that to you.
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What did that plant inside of you and how did that direct you going forward?
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Well, I did grow up with a brother who was a little bit older, who got to do everything, and I, because I was a girl in a very conservative Southern family, was told, like you know, you need to be in at 10 o'clock, yeah.
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So I think funny enough having an older brother who kind of had free reign and he's wonderful, love him, he's great and we're still very close.
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But I think I was a little bit like that's just not fair, and so I think I was always kind of looking at what was fair and a little bit righteous, probably for a youngster, and saying that's not right, that's not fair, I should be allowed to do anything that a guy can do.
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So I think that's might been where the seed was planted.
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And when he told me I couldn't do that, of course that just made me like, oh yeah, watch.
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This Took me a while, but I will say funny story, not to go back.
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But my university, georgia State University, honored me, which I was so surprised and thankful, but as one of their outstanding graduates, and I went back to meet the dean of the business school and it was in the same building in Atlanta, georgia, where that guy told me Wow, what a poetic moment, that's amazing.
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I was shocked.
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I was like are you kidding me?
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Georgia State had bought that bank building.
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Yeah, that's amazing.
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I'm hearing so many things that I because I want to define this about your childhood.
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It sounds like your family was super supportive, um, and it sounds like you were self-motivated in a lot of ways, but that they also kind of pushed you to achieve in a lot of regards.
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Is that, is that accurate about your childhood?
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It sure is, and I think a lot of that has to come from, uh, probably my mom.
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Um, she grew up in, up in Virginia, in Portsmouth, virginia, a small town outside of Virginia Beach really, and to achieve the heights of dancing in New York City at the School of American Ballet, at the time of Balanchine, you know, and she took lessons from Balanchine as part of the School of American Ballet.
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She just really planted in me you can do anything that you can really me.
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You can do anything that you can really put, you can dream it, you can achieve it.
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You know that poster we all see so much.
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I think the biggest, funniest thing, though, the joke was, you know, I think my mom and dad both hoped that I would be this aspiring little ballerina, but I but you know, god gave him a gift or a joke.
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I'd say and say like no, but we're going to put your dad's mathematical brain in that, and I wanted nothing to do with ballet.
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I was like this is the most boring.
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I mean I really I got, I have to say.
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My mother finally ultimately kicked me out of ballet class for making fun of her when she was like doing some of her ballet routines.
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Oh really it's.
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That is so funny.
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It's super ironic that you know people who are, you know, want to be an artist or dancer or singer.
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Like the parents, like no, you're going to be in the business world and you are exactly the opposite.
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That is astounding.
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Yeah, it was funny.
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I mean we did love music.
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We still love to dance.
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We do something now called the Shag.
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We're in South Carolina, not that Shag, it's a fun kind of swing dance, but we still love doing all that together.
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Yeah.
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And my folks.
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I've got a blessing.
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There's still a lot.
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My dad's 91.
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My mom's 88.
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And they're still swinging and having a great time.
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That's incredible.
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We didn't talk about this aspect of it, but it sounds like you were a good student, like you liked school, you liked to achieve and you were a good student.
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I'd say I was an above average student.
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I was probably stubborn, the things that I didn't want to learn I didn't really focus on, and and I remember taking a class even in university and one of my professors asked me to stay after class and she told me how disappointed she was in my performance.
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And I remember, like looking at her, thinking, and finally I told her I said you know what I I'm really, I'm in an overload situation.
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I'm working probably too many hours right now because the holidays and I made a conscious decision to take a B in this class and she was not happy about that.
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She really got mad at me.
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But I think that I was one of those.
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I think, yeah, the classes I loved.
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I did surprisingly well in calculus and I don't know how bad happened.
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Yeah, how does that happen for anyone?
00:18:27.917 --> 00:18:28.180
I don't know.
00:18:28.180 --> 00:18:33.026
I think I had a great teacher, quite frankly, but yeah, so I'd say I was okay.
00:18:33.026 --> 00:18:35.347
I wasn't a straight A.
00:18:35.347 --> 00:18:39.269
I mean I would have never been a professorial candidate, for example.
00:18:39.269 --> 00:18:47.563
Yeah, and my daughter now I look at her and she's Phi Beta Kappa at USC and I mean I'm good for her.
00:18:47.563 --> 00:18:48.926
Go girl.
00:18:50.329 --> 00:18:51.292
But also a ballerina.
00:18:51.292 --> 00:18:52.643
Skip the generation.
00:18:53.527 --> 00:18:53.867
It is.
00:18:54.780 --> 00:18:58.608
So let's move forward to Georgia State.
00:18:58.608 --> 00:19:00.333
You're coming out of school.
00:19:00.333 --> 00:19:06.750
What was your vision as you stepped off of campus into the real world?
00:19:06.750 --> 00:19:09.963
Where did you see yourself going 20 years down the road?
00:19:10.984 --> 00:19:22.308
I really loved leadership and so I really and I did have this really I would say drive to be the best.
00:19:22.308 --> 00:19:34.303
And again, I think maybe that has a lot to do with my mom, her influence, because ballerinas are incredibly disciplined and they're always striving for something they probably will never achieve.
00:19:34.303 --> 00:19:53.753
And I always would look at people around me and say, gee, who is the best at this job, whatever job it might have been, and then I would try to understand how they got there and what could I possibly do to get there myself or to maybe even improve it a little bit.
00:19:53.753 --> 00:20:01.261
I made a lot of mistakes along the way, definitely had a lot of bosses yell at me, but I say yell at me because back then they could, but then I had.
00:20:01.261 --> 00:20:04.163
I remember, yeah, and I say yell at me because back then they could, but then I had.
00:20:04.163 --> 00:20:12.352
I remember, yeah, one store manager just screaming at me about leaving a ballroom, which was his way of saying put a T-bar in the middle of this open space.
00:20:12.811 --> 00:20:17.656
Oh geez, I had one boss throw a book at me, so I think I'm from a similar generation.
00:20:18.921 --> 00:20:22.106
Yeah, right, but it was, yeah.