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Insights from a CEO's Journey

Sep 21, 2024

Lecture/Presentation Notes

Introduction

  • Speaker reflects on past campaigns, noting that most were shot on an iPhone by their assistant.
  • Emphasis on self-reliance; started with minimal resources.
  • Introduction to the Ghetto CEO podcast episode with Mia Wright, CEO of Glamaholic Lifestyle.

Being a CEO

  • Highlights how there is no formal education for being a CEO, unlike marketing or operations.
  • Discusses the 'ghetto' aspect of being a CEO, meaning the unexpected and challenging tasks involved.

Interview with Mia Wright

Background

  • Mia Wright is the owner and creator of Glamaholic Lifestyle, in business for 13 years.
  • Started from a fashion blog in 2009 and began selling bags in 2010.

Challenges as a CEO

  • Discusses the overwhelming nature of wearing multiple hats in the business.
  • Personal involvement in tasks like posting on social media and managing finances.
  • Difficulty in delegating tasks due to personal investment and responsibility.

Marketing Strategy

  • Emphasizes Mia's natural ability and intuition in marketing.
  • Importance of execution and seizing opportunities.
  • Strategy revolves around creating emotional connections with customers.

Marketing and Campaigns

Execution

  • Mia discusses the importance of executing ideas quickly.
  • Many campaigns were low-budget, utilizing creativity and resourcefulness.

Successful Campaigns

  • Many campaigns were shot at home or with minimal resources.
  • Successful strategies included utilizing social media and creating engaging content.

Balancing Personal and Business Life

Family and Personal Life

  • The importance of setting boundaries between personal and professional life.
  • Mia includes her family in her work, creating a balanced environment.

Social Media and Community

  • Cultivates a strong personal connection with her audience.
  • Communicates openly with followers, maintaining transparency and trust.

Entrepreneurship Challenges

Loneliness and Growth

  • Discusses loneliness at the top, especially as personal and professional relationships change.

Problem Solving

  • Emphasizes the need for communication and honesty when dealing with business challenges.

Conclusion

  • Mia's story emphasizes starting with what you have and growing from there.
  • Plans to continue growing Glamaholic Lifestyle and explore new ventures like a cannabis company.

Key Takeaways

  • Importance of execution in business.
  • Balancing personal involvement with delegation.
  • Building genuine connections with customers.
  • The evolving nature of entrepreneurship and the personal growth it entails.