If you’ve ever considered starting or purchasing a small business and dreamed of building it into a multi-million dollar empire, then this episode is for you.
Lorraine Dallmeier is the award-winning CEO of Formula Botanica, an online organic cosmetic formulation, and business school, which has trained over 10,000 organic cosmetic formulators and indie beauty entrepreneurs in 170+ countries.
Lorraine’s journey as an entrepreneur started when she decided to take over a small startup beauty company. Within a few years, she had taken the company from £20k in yearly sales to over $5 million! Lorraine quit her day job and built up a global multi-million-pound empire, teaching online courses in organic skincare and haircare formulation.
Of course, this success didn’t happen overnight. Many entrepreneurs often gloss over the hard work involved in building an online business.
She wants to share her mantra of passion and perseverance and get the message out to more female entrepreneurs, who have a dream of creating something bigger than themselves, that it’s all within their reach.
Voted the most influential person in natural beauty for 2020 and awarded the Digital Achiever of the Year award for the cosmetics industry by Google, Lorraine is on a mission to make formulation as commonplace as cookery, as she believes that anyone can learn to formulate with natural, sustainable ingredients.
In this episode of the Rock Your Money Rock Your Life, Lorraine and I discuss how she got into the world of organic beauty products, why her business BOOMED when the pandemic struck, and how she plans on scaling her business into 8-figures.
If you’ve ever considered starting or purchasing a small business and dreamed of building it into a multi-million dollar empire, then this episode is for you.
Lorraine Dallmeier is the award-winning CEO of Formula Botanica, an online organic cosmetic formulation, and business school, which has trained over 10,000 organic cosmetic formulators and indie beauty entrepreneurs in 170+ countries.
Lorraine’s journey as an entrepreneur started when she decided to take over a small startup beauty company. Within a few years, she had taken the company from £20k in yearly sales to over $5 million! Lorraine quit her day job and built up a global multi-million-pound empire, teaching online courses in organic skincare and haircare formulation.
Of course, this success didn’t happen overnight. Many entrepreneurs often gloss over the hard work involved in building an online business.
She wants to share her mantra of passion and perseverance and get the message out to more female entrepreneurs, who have a dream of creating something bigger than themselves, that it’s all within their reach.
Voted the most influential person in natural beauty for 2020 and awarded the Digital Achiever of the Year award for the cosmetics industry by Google, Lorraine is on a mission to make formulation as commonplace as cookery, as she believes that anyone can learn to formulate with natural, sustainable ingredients.
In this episode of the Rock Your Money Rock Your Life, Lorraine and I discuss how she got into the world of organic beauty products, why her business BOOMED when the pandemic struck, and how she plans on scaling her business into 8-figures.
What You’ll Learn from this Episode:
- The power of an entrepreneurial mindset
- What a “war pot” is and how it could save your business
- How you can start formulating your own beauty products with Formula Botanica
- And much more!
"The entrepreneurial mindset has given me a very healthy relationship with money. I’ve never been scared of making money or having money, and I’ve never been scared of going out there and getting what I want.”
Topics Covered:
00:00 – M1 Mastermind
01:25 – Intro to Lorraine
03:21 – The making of an entrepreneur
06:23 – Let’s make some money!
07:50 – Make your money work hard for you
09:06 – Formula Botanica
12:10 – Transforming lives
15:40 – A badass biologist
17:35 – Increasing sales by 80% during covid
20:40 – Connect with Lorraine
Connect with Lorraine Dallmeier:
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