In this episode ofDemystifying Cosmetics, host Jennifer chats with Ed Schack, founder of EES Cosmetic Ingredients, to discuss the art and science of building a successful cosmetic ingredient business. Ed shares his inspiring journey from being a history major to a leader in the cosmetic industry, offering insights into overcoming challenges, fostering relationships, and prioritizing people in every aspect of business. Whether you're an entrepreneur, an industry veteran, or just curious about what it takes to thrive in cosmetics, this episode is packed with wisdom and actionable advice.

Key Takeaways:

Overcoming Fear and Starting a Business:

• Making the decision to begin is often the hardest part. Stay positive, and envision success.
• Build a business that can eventually run itself to ensure sustainability and balance.

People Over Product:

• Prioritize relationships with customers, suppliers, and employees.
• Transparency, loyalty, and kindness are key to long-term success.

Sustainability and Social Responsibility:

• Partner with suppliers and manufacturers who treat workers ethically and prioritize sustainability.
• Aligning business values with giving back strengthens relationships and culture.

Adapting in a Changing Industry:

• Innovate through hybrid communication models like pre-sending sample kits for remote presentations.
• Focus on natural and sustainable ingredients to meet evolving customer demands.