Building A Beauty Business W/ Richard Kostick

Host Chaz Wolfe brings on Richard Kostick, a 7+ figure king in the beauty and skin care product industry. Richard is the Founder & CEO of 100% Pure out of California. Richard started his company out of his house creating all-natural products with his business partners and made $1 million his first year. In 2006, Richard opened his first retail store and he continues to be successful despite problems and setbacks.In this episode, Chaz and Richard discuss improving people’s lives, how to structure a business mission, and swift decision-making. Tune in today so you can grow your business using Richard’s learned lessons and valuable advice now!During this episode, you will learn about;[00:27] Intro to Richard and his business[01:23] Why Richard continues to push [05:47] Richard’s advice on knowing your impact[08:45] How Richard moved into entrepreneurialism[13:47] Richard’s advice on how balance going all in[16:21] How Richard stays calm when things get rough[18:44] A good decision Richard made[24:19] A bad decision Richard made[32:09] Richard’s approach to decision-making[39:58] One trackable kpi Richard would use[42:50] Richard’s book recommendation[44:31] Richard’s thoughts on networking[45:25] What Richard would tell his younger self[47:13] How to connect with RichardNotable Quotes“We're improving everyone that we're making products for, we're improving their lives.” - Richard Kostick“Go to the impact, first, and then build that into your mission. And don't make your mission so defined.” - Richard Kostick“Strategy is also knowing what not to do.” - Richard Kostick“Being an entrepreneur is doing something with total disregard to your resources.” - Richard Kostick“When you disregard what you have or the box that you're supposed to be in, then your mind now has freedom to be able to solve the problem or go to another place of creativity.” - Chaze Wolfe (Host)“I just get the high from going all in on myself, on my teams, on my businesses.” - Chaz Wolfe (Host)“I find that mindfulness allows me to handle a lot of stress and not really affect me because I can't control the things around me, so much, but I can control my response to it and the way I internalize it and my mindset to it.” - Richard Kostick“So when you get to certain sizes of business, sometimes your greatest strength, well, not sometimes, I would say nearly every time, your greatest strength becomes your greatest weakness.” - Richard Kostick“You can actually build a competitive company by having really strong operations.” - Richard Kostick“You need to be able to make decisions with 70% of the information.” - Richard KostickBooks and Resources Recommended:Project Oxygen - case study done by Googlehttps://newageleadership.com/wp-content/uploads/2020/04/Project-Oxygen.pdfMeasure What Matters by John Doerrhttps://www.amazon.com/Measure-What-Matters-Google-Foundation/dp/0525536221Let’s Connect!Richard Kostick:Website: https://www.100percentpure.com/LinkedIn: https://www.linkedin.com/in/rickostick/Chaz Wolfe (Host): Website: https://www.chazwolfe.com/gathering-the-kings.htmlFacebook: https://www.facebook.com/chazwolfe/Instagram: https://www.instagram.com/gatheringthekings/LinkedIn: https://www.linkedin.com/in/chaz-wolfe-86767054/TikTok: https://www.tiktok.com/@chazwolfe_kingsIf you liked this episode, please LIKE, SUBSCRIBE, drop us a REVIEW, and share with your friends. We...