This 15-year-old started a hair accessories business when she was just five and made history
Gabby Goodwin is the founder of GaBBY Bows, the first patented double-sided, double-snap barrette. She ventured to tie knots because her knots were slipping out of her hair.
Goodwin hated losing bows and his mother grew tired of replacing them despite it being a generational issue. This led Gabby to create her own barrettes/bows.
“When I was little I lost my barrettes. My mom lost barrettes. My grandma lost barrettes. So it was a generational issue,” Goodwin said. People. She said her mother was very frustrated because she wasted a lot of time and wasted a lot of money on those barrettes that didn’t stay in her daughter’s hair.
GaBBY bows are the only bows that stay put all day, all night and all week during tough play and are sure to stay put until you take them out, says its website.
Goodwin, 15, started her business when she was just five years old, despite knowing nothing about entrepreneurship.
“At first, I didn’t really know what entrepreneurship was, but I knew that if I could create something that could not only help me but also help others, I could also inspire people,” said- she declared.
In addition to making bows, her company has also created a line of natural hair products that are sold at Target stores across the country. And after recently showcasing her products, she secured investment backing from Marcus Lemonis and Gayle King in the amount of $200,000.
“It’s just great to have that kind of support,” Goodwin said. “As a black-owned business, it’s pretty hard to get capital and for me to get that $50,000, and just to meet the two of you is a great experience.”
Goodwin and her mother launched an entrepreneurship academy called Mommy and Me Entrepreneurship Academy in 2018 to train young girls in business. Southern Living quoted Goodwin as telling the KidsPost that she wants to encourage more kids to pursue entrepreneurship.
The young entrepreneur also went to roadshows to promote her brand as part of her business strategy. However, the pandemic disrupted his roadshows, leading to multiple cancellations.
Like many resilient entrepreneurs, she found a way to stay in touch with customers. After realizing that more people were no longer frequenting salons due to lockdown measures, she launched an “at-home haircare package”. The idea behind it, she noted, was to support home hair care and de-stress the hair styling process.
Last December, she went further with a hair care line, Confidence by Gabby Goodwin. The brand opened its doors to the Midlands community, selling hair products and serving as a salon for young women.