Carrie Kerpen interviews Bea Dixon, the founder of The Honey Pot, a feminine care company. Bea shares the inspiring story of how she received the idea for her business in a dream and transformed it into a thriving company that sold to Compass Diversified Holdings for over $380 million.
The conversation covers Bea's challenges and successes, her commitment to her company post-sale, and the unique experiences she faced as a black founder in the industry.
Bea also emphasizes the importance of responsible business management and the joy found throughout the entrepreneurial journey.
1:14 How Bea Sold The Honey Pot
3:10 The Real Inspiration Behind The Honey Pot
6:24 A Look Back at Old Vaginal Care Practices
8:01 The Moment She Knew the Product Actually Worked
10:15 Deciding to Share the Formula With the World
12:18 Bringing Her Brother In as a Key Partner
13:49 Launching The Honey Pot at Bronner Brothers
16:34 Expanding the Product Line Based on Customer Demand
18:36 Relationship-Building as the Foundation of Success
22:01 The Hard Realities of Fundraising for Growth
25:03 Her First Experience With Institutional Investors
27:02 Knowing the Right Time to Sell
30:14 The Responsibility That Comes With Managing Investments
32:34 How She Chose the Right Acquirer
34:41 Staying Committed to Ethical Business Practices
37:26 Why Transition Periods Matter After a Sale
39:14 Higher Standards for Black Founders and Women Leaders
41:14 Why Founders Must Invest in Themselves Too