In this episode of Creating Confidence with Heather Monahan, IT Cosmetics founder Jamie Kern Lima discusses her path from continuous rejection to selling her company to L'Oréal for $1.2 billion. She details the realities of entrepreneurship beyond the headlines, including investing all her savings, working from her living room, and going years without paying herself, while sharing techniques she used to maintain her self-belief despite repeated setbacks.
The conversation explores how Lima's commitment to authenticity—particularly in her choice to feature relatable models—contributed to her success in the beauty industry. Lima also discusses her subsequent efforts to create positive change, including her advocacy for more inclusive beauty standards and her dedication to giving back through book proceeds and virtual events, demonstrating how business success can be leveraged for broader impact.

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Jamie Kern Lima shares her entrepreneurial journey with Heather Monahan, discussing how she overcame constant rejection and self-doubt. Despite facing years of "no" from prestigious beauty retailers and industry experts, Jamie maintained her conviction. She persistently reached out to buyers who had rejected her, keeping them updated on her brand's achievements until she eventually succeeded, becoming the largest shareholder when her company sold to L'Oréal.
To build resilience, Jamie learned to silence negative voices, both internal and external. She credits visualization techniques and support from friends, particularly advice from Bob Goff about controlling whose words affect one's self-belief, as crucial to maintaining focus on her goals.
While Jamie's story of selling It Cosmetics to L'Oreal for $1.2 billion often makes headlines, she emphasizes the less glamorous reality behind this success. Jamie and her husband invested all their savings, operated from their living room, and went years without paying themselves. By sharing these struggles, Jamie aims to prepare aspiring entrepreneurs for the challenges ahead.
Jamie attributes much of her success to authenticity, particularly in how she connected with her audience. Against conventional advice, she chose to display models who resembled her everyday customers, leading to sold-out products and deeper customer connections.
Upon receiving the prestigious Cosmetic Executive Women Achiever Award, Jamie used her platform to advocate for industry change, particularly regarding unrealistic beauty standards. Despite facing backlash, she maintained her stance on the importance of diverse and inclusive representation in the beauty industry.
Jamie demonstrates her commitment to positive impact by donating all proceeds from her book "Believe It" to Feeding America and Together Rising. She has also organized free virtual expos to serve others, with Heather Monahan noting that these actions set a high standard for using success to benefit others in need.
1-Page Summary
Jamie Kern Lima's journey from facing rejections to becoming a successful entrepreneur exemplifies resilience in the face of self-doubt and adversity. Heather Monahan and Jamie engage in a discussion about the commonality of rejection in entrepreneurship and how to surpass it without surrendering one's dreams.
Jamie Kern Lima recalls enduring years of pain due to rejections from prestigious beauty retailers and industry experts who doubted her business idea and fittingness. Despite the constant noes, Jamie's conviction in her vision did not waver.
After three years of persisting through rejections from beauty stores and untoward meetings — such as QVC deeming her not a right fit, and a Sephora meeting that left her in tears — Jamie continued to believe that the tide would turn. She constantly reached out to buyers who had previously rejected her, updating them with her brand's achievements and maintaining her belief in eventual acceptance. Even when an investor returned years later, acknowledging his error in rejecting her brand, Jamie was able to see her earlier rejections as doors that eventually led her to become the largest shareholder when her company sold to L'Oréal.
Overcoming rejection involved overcoming her own self-doubt. After an investor criticized her appearance, Jamie chose to trust her instincts over a lifetime's worth of self-doubt. By consciously diminishing the influence of negative words and doubt from herself and those around her, Jamie affirmed her inner belief in her dream.
Jamie shared her struggles with feeling unworthy, a deep-seated fear that manifested as a fierce independence. It took a pivotal realization during her surrogacy journey that she was not meant to face life's challenges alone. With the support of her friends, she learned to accept and seek the help of others, embracing the notion that she, too, is worthy of support.
Overcoming Rejection and Self-Doubt
Heather Monahan highlights Jamie Kern Lima’s entrepreneurial journey, revealing the demanding reality behind seemingly glamorous success stories.
Jamie Kern Lima, who started It Cosmetics in her living room and later sold it to L'Oreal for $1.2 billion, often has the "highlight reel" of her story shared, without acknowledging the full picture of struggles. Despite her significant achievements, Jamie faced many challenges such as financial strain, overcoming personal doubts, and facing industry rejections.
Jamie and her husband invested all their savings into It Cosmetics, made sacrifices such as quitting their jobs, and operated from their living room, which led to years of financial struggle without the ability to pay themselves or hire experienced help. They overcame these challenges by being scrappy and resourceful.
By sharing the highs and lows of her experience, Jamie aspires to inspire others and prevent them from feeling discouraged. Her book narrates her entrepreneurial journey and is an attempt to prepare and support new entrepreneurs for the challenging path of business building, which includes failed opportunities and concepts.
Jamie’s success is tied to her authenticity and how she openly addresses her own flaws and insecurities, which closely resonate with her audience.
Jamie openly discusses her body doubts sparked by potential investor comments, perso ...
Entrepreneurial Journey and Realities Behind the "Highlight Reel"
Jamie Kern Lima utilizes her achievements and influence in the beauty industry to advocate for inclusivity and charitable endeavors, facing challenges yet remaining committed to creating systemic change and inspiring others.
Jamie Kern Lima, upon attaining success through her company, sees a chance to inspire change in the beauty industry by demonstrating that success does not depend on the use of overly photoshopped and unattainable images. Receiving the significant Cosmetic Executive Women (CEW) Achiever Award, she seizes the opportunity to address the issue to the industry's decision-makers. Despite facing opposition and dealing with haters after taking a stand on these issues, Jamie remains steadfast.
Jamie gave a keynote speech emphasizing that it's always the right time to do the right thing, even when difficult. Her speech at the CEW awards, likened to the "Academy Awards of beauty," highlighted the great responsibility of those in the beauty industry to influence the images seen by girls worldwide.
Although she faced critique and attacks from some after her speeches advocating for more diversity and inclusivity in the beauty industry, Jamie recounts the challenging times with a victorious mindset, maintaining her stance despite the challenges.
Jamie Kern Lima exemplifies her dedication to using her influence positively, committing 100% of her book proceeds to charity, displaying values of generosity and inspiring others to contribute to meaningful causes.
Jamie Kern Lima is deeply invested in giving back to the community, and she demonstrates this through her decision to donate all proceeds from her book "Believe It" to Feeding America and Together Rising. She chose not to keep any money for herself, reinforcin ...
Using Success and Influence to Create Positive Change
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