Honestly, as an actress Jessica Alba has been pretty impressive but as a businesswoman she kicks butt. As the owner and founder of The Honest Company, which is now worth $1 billion, Alba exceeded her critics’ expectations many times over. Starting a business is not an easy task and after being rejected multiple times and having critics tear your idea apart, many of us would simply give up. The story of how she fought to get the company off the ground is very inspiring and there are many great lessons to take away from it. Here are three of the best lessons to learn from Jessica Alba and The Honest Company.
Business Opportunities Are Everywhere
The idea for The Honest Company came to Jessica after she became a mom. As everyone knows, becoming a parent is a lifestyle change and your children become your number one priority. As she searched for nontoxic products to use on her children and in her home, she found that there was a lack of such products on the market. Thus, the idea for The Honest Company was born. I’m sure if we all think hard enough we can come up with a few ideas for products or services that are missing in our everyday lives. The key to a successful business is ensuring that whatever product or service you offer solves a real problem. The fact that these convenient, nontoxic products did not exist before was a problem. The Honest Company found a way to solve this issue, hence its success.
Find Key Partners To Help You
One of the downfalls that most entrepreneurs face in the process of starting a company is feeling the need to do everything on their own. It’s important to remember that as talented as we may be, we are still only human and no one is excellent or even skilled at everything. So what’s the solution? Finding partners who excel in the areas you are not the best at will be a tremendous advantage in helping the company to grow. However, finding these partners can be one of the most challenging things you have to do. In fact, in an interview with Inc.com Jessica said, “It took me three years to find my business partners. You have to be brutally honest with yourself and understand your strengths and weaknesses.”
Don’t Accept Anyone Else’s Definition Of Yourself
As a beautiful actress with no previous business experience, you can just imagine the amount of criticism and negative feedback Alba received when she told everyone that she wanted to start a company. Many people expected her to follow the beaten path and release a fragrance or something similar, but she had a different idea and the faith and belief to back it. In business, many people tend to put women in a box to dictate what area they can delve into and how much they can do. Jessica Alba shows us that no idea is too big to accomplish and regardless of our gender, we can accomplish as much as we believe we can.