Run a Sustainable Global Beauty Brand with Abena Boamah-Acheampong (wegginar® 4/3/24)

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How do you run a sustainable global beauty brand?  Abena Boamah-Acheampong, who is founder and CEO of Hanahana Beauty, provides the answer by sharing 7 lessons she learned in 7 years.

Abena is the founder of Hanahana Beauty, an ethically-conscious, Black-owned skincare brand recognized for its commitment to sustainability, ethical sourcing, and empowering women. Her journey into beauty and skincare was unconventional. She went from classroom to beauty headquarters.

Formerly a teacher, Abena has grown Hanahana organically from her kitchen onto the shelves of Ulta Beauty. Known for effective, clean body care products, Hanahana stands out by paying twice the standard price for shea butter from Katariga Women’s Shea Cooperative in Ghana.  This commitment to creating consciously clean products has resonated with a global audience.

Beyond products, Hanahana fosters a vibrant community through wellness activations, education, and brand collaborations.

In this wegginar®, Abena will discuss:

• How to prioritize your growth and your self-care
• How no is better than nothing and the why behind it
• How sustainable can be expensive but overcome
• How to build a beauty brand business with intention

To learn more and to register free of charge for this inspiring and educational program, visit: https://bit.ly/3V7ybc9,

Small Enterprises Are Not The Solution?

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Very provocative article originating in Ghana ... see what you think and feel free to weigh in with your comments.

Excerpt 1:

Close behind it comes operating a small business that is not making it. The small and medium sized enterprise sector (SMEs) carries the hopes of government, being advocated by conventional economists as the solution to unemployment in the global market, and large amounts of money annually being pumped into support for small businesses – with micro-financing schemes, training and support.

Excerpt 2:

That is a result of the second reason: the global market gives huge advantage to size. If a small business succeeds, it is inevitably taken over by larger business. Even Mark Shuttleworth, perhaps the most successful small business start-up in South Africa, could not resist the terms of the take-over. When that happens? Jobs are lost because the larger entity remains competitive only by replacing people. Mergers and acquisitions dominate at the top.

Ouch.

Read the article here.