Superwomen with Rebecca Minkoff
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Ann McFerran Left Thailand With Nothing. Then Built a $40M Beauty Empire.
Ann McFerran was a broke artist in a Koreatown backhouse, driving a PT Cruiser, with a few thousand dollars and an idea for magnetic lashes nobody had made yet. No investors. No business degree. No safety net. By year two, Glamnetic hit $40 million in revenue. This week on Superwomen, Ann breaks down exactly how she got there through cold DMs with 30% conversion rates, hand-labeling products with friends at midnight, maxing out credit cards, and becoming her own influencer before TikTok even existed. We also get into why she's never taken outside funding, what she's building next with DIGI Beauty, and the mindset shift that separates founders who quit from founders who scale. If you're in the early, unglamorous stage of building something… this one's for you. Episode Guide: (00:00) Meet Glamnetic’s Ann McFerran (01:57) The journey from pre-med at UCLA to fine art (03:47) How Ann created magnetic lashes through trial and error (06:02) Using direct messages to generate initial sales (08:02) Glamnetic’s explosive growth in 2020 (10:18) How to find the right people to join the business (13:07) DIGI Beauty and how the pivot to nails came about (14:52) The importance of staying scrappy (21:13) Constant innovation vs. patents (23:54) Addressing the decline of the lash craze (29:09) Balancing business and personal health as a founder (35:42) The decision to remain self-funded (39:39) Leaving Thailand with nothing, to where she is today Learn more about your ad choices. Visit megaphone.fm/adchoices
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