Behind Her Empire Podcast: From $150,000 In Debt To Over $100 Million In Sales

On this episode of Behind Her Empire podcast, you'll hear from Tracy Holland, cofounder and CEO of HatchBeauty Brands. Tracy has led her beauty and wellness incubator to grow to over $100 million in sales, but success didn't come easy. She learned some valuable lessons the hard way, and debt is something she won't forget.


After leaving a career in public service, Tracy founded her first company in grad school, investing every dollar she had to build something that would become the foundation of her business. HatchBeauty Brands works with top retailers, artists and influencers to bring their ideas to life and create innovative brands in the beauty and wellness industry. Tracy is also the founder of HatchBeauty Ventures where she advises young women entrepreneurs on business growth and strategy.

As a mother of three young children, Tracy is a prime example of how you can balance motherhood with a career and that you don't have to sacrifice one for the other.

Tracy's awards and honors include 2019 Fashion and Beauty Award for Beauty Service Provider of the Year, EY Entrepreneur of the Year 2017, and election to The Committee of 200, an organization of the most successful women business leaders globally.

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I am super excited about the surge of capital available to start-ups early in their journey. Many would say this is the best time to start a company. Founders today have a much broader range of financing options than traditional venture capital, including from crowd-funding, rolling funds, debt, angel investors and syndicates.

Some have begun to speculate on whether traditional seed firms are necessary at all.

If you are a serial entrepreneur and have everything figured out, one of the options above may offer you the best route. In that case, skip the seed stage and get a large blank check from one of the established Series A firms. Hell, if you have worked with us before, we will be thrilled when you carve out space for us because of our prior relationship.

But there are often good reasons to partner with venture companies that go beyond an infusion of cash, and the idea that venture capital isn't necessary is specious at best.

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This year's Montgomery Summit – held online this year for the first time - features Eric Yuan, CEO & founder of Zoom, author Deepak Chopra, Darius Adamczyk, CEO of Honeywell, and Jim Whitehurst, president of IBM.

There will be about 100 hours of content available exclusive to those who have paid and registered, but, for the first time, 12 hours of plenary sessions will be free for anyone to stream on YouTube, opening panels to a much bigger audience around the world.

See the full agenda here. We'll be watching, and will keep you up to date with takeaways from the conference. Follow updates from the event below and check our Twitter account for more.

Day 2:

Day 1:

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