Episode 5: Josephine Otuagomah, Founder of The Black Hair Book, discusses setting up her business, what its like to be on a pre-accelerator programme and her financial planning

**Our new Janet’s List / Making Money Moves Facebook Group is here – to join, go to: http://bit.ly/JanetsListandMakingMoneyMovesFBGroup **

Making Money Moves is a brand new podcast brought to you by Janet’s List, hosted by Janet Oganah and Adonica Simmons. The aim of our podcast is to open up conversations about money, mindset and the moves people have made to build successful businesses. If you are a female entrepreneur, a high impact woman or are simply looking for inspiration, this podcast is for you. We interview inspiring guests, mostly women of colour, who are building incredible businesses. Our guests will also share tips and strategies which you can apply at any stage of your entrepreneurial journey.

We loved our conversation with Josephine Otuagomah, the founder of The Black Hair Book. It is an online directory that helps you to discover the best Afro hair salons in London. We discussed the idea and how this came about, how she researched the idea, what she did to set it up.  She also discussed her experience of being on the Fast Forward pre-accelerator programme.
Here’s what you’ll learn this episode:
  • What the Black Hair Book is and why it exists (1:45)
  • The first steps she took to bring her idea to life (2:45)
  • Do women in the beauty industry have to pay a beauty ‘tax’? (4:39)
  • The one thing she knows now that she wished she knew when she started (7:18)
  • Her experience of being on the Fast Forward pre-accelerator programme and the power of networking (8:56)
  • Educating potential investors about the need for the business (12:28)
  • We discuss money – bootstrapping her business, how much she’s invested in the business and her revenue streams (19:13)
  • Her favourite brand on Janet’s List – find out which brand it is here (26:38).
If you would like to connect with us on social media, you can find us all here:
Black Hair Book: (Website) and (Instagram)
Janet’s List: @JanetsList (Instagram) and @JanetsList (Twitter)
Janet Oganah: @Janet_Oganah (Twitter)
Adonica Simmons: Global Style Services (Instagram)
The overall mission of Janet’s List is to connect consumers with women of colour in business. We want to close the gap between consumers and women of colour in business and to improve diversity in the business landscape. We also have a curated edit on Janet’s List where you can buy directly from fantastic brands by women of colour.
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