What makes a person beautiful has evolved rapidly over the last century. Yes, cosmetics and skin care play an important role in everyday life; However, people are now choosing organic and chemical-free brands over conventional solutions.
Over the past decade, a growing number of skincare lines have evolved out of consumer frustration with limited options in the $7.7 billion industry.
For example, Skin Pharmacy founder and nurse practitioner Megan Griffin saw the industry's need for more natural cosmetic skin care. "I never thought of opening a business and being an entrepreneur or businessman," he said in a call for emphasis. “It became clear that if you wanted to control the experience of patients, customers, and patrons in this space, you had to do something. And he went from knowing that I had to do something to understanding the anger and frustration that it took to start my company."
In 2017, after experiencing inconsistent and disappointing results in cosmetic dermatology, Griffin launched Dermatology. The company is known for its dermocosmetics, facial rejuvenation techniques, and aesthetic treatments. Celebrities like Taylor Hill, Kelsea Ballerini and Maren Morris wear the Skin Pharmacy line. In May, Griffin and her team announced a $15 million minority investment in Prelude Growth Partners, a women-founded growth equity firm focused on high-potential growth consumer brands. The investment will finance the company's aggressive nationwide clinic expansion plans and support the continued development of 20 award-winning product lines.
"We've met more than 50 companies in the space," Neda Daneshzadeh, co-founder and managing partner of Prelude Growth Partners, said in a phone interview. "But the moment we saw Skin Pharm, we knew it was the brand we wanted to work with because we love working with real builders with a real vision and mission for the construction business. That's what Magan is all about. Why what created it in her?Career from the beginning, to identify the unique and with a very clear vision, to build the quality of the experience and created Skin Pharm, an advanced brand to provide excellent services.
Griffin began her career as an ICU nurse along with a plastic surgeon and a dermatologist. During the pregnancy, she was disappointed by the lack of opportunities and results in the market; It was born out of a desire to create the clinical environment and product line that you want as a patient. Six clinics are currently open in the south and others are being built across the country where patients can use the product at home.
From the beginning, Griffin became the kind of CEO I've never seen in others: caring and compassionate. Creating an inclusive work environment was a priority for him. One of the challenges she faced early on was realizing she needed an additional support team, including support for her three young children. He has continuously built a team of advanced professionals to execute his vision of innovation in beauty techniques for skin care and facial rejuvenation.
As more men get involved in skin care, Skin Pharm offers options for men seeking Botox and fillers. They also offer unknown treatments. "Now we're going from taboo to unknown," Carly Smith, Skin Pharmacy's first provider, said in a phone interview. "And that's how it turned out. So the point is to make it look like you haven't done anything, when I think it's so easy to look bad like movie stars and how everyone makes fun of Botox. But now there's such an unknown job, and this is how our industry has changed globally.
As Griffin continues to transition the company and develop as a leader, he is focusing on the following key initiatives.
- A trusted support network. Building a business requires a people. It's okay to ask for help.
- Set realistic expectations. It won't be an overnight success; But if you stay consistent and constantly grow, you will reap greater rewards.
- Work on your mental health; Remember how to handle things and when you need to rest.
"I'm definitely past the point of impostor syndrome and I think I have to be this dictatorial leader who uses corporate jargon all the time," Griffin concluded. "I've gotten comfortable with who I am in recent years. I'm outgoing and kind. I think that can be a superpower. On the other side of this (financial) deal, it's nice to not feel like you have to change who I am."