Meet Niamh Hogan, CEO and Creator of the Holos Skincare Range – Holos.ie.
I loved this interview with Niamh because you get to hear, step by step how she pivoted from an alternative therapist business to a skincare manufacturing business exporting her personally developed natural range all over the world.
Key Insights here are in her very grounded approach to business, her commitment to working hard and embracing each step outside her comfort zone. You’ll also get to learn her plans for the future.
Have a look and take a listen. You’ll be inspired.
Advice for Entrepreneurs from Niamh Hogan
The thing I loved about this interview was that Niamh shares so much of her story. It’s so accessible. You can see how she has grown her business at each stage and that’s what makes it possible for everyone else. Here are Niamh’s 3 main pieces of advice for entrepreneurs; all worth taking.
- You Need Passion with Reality to make it Work.
I think the idea that passion alone gets you what you want is pandered a lot to entrepreneurs.You can have all the passion in the world, but if your idea is rubbish and nobody wants it, it’s just not going to happen.You have to have this groundedness and reality, or reality and passion.And you need that together. - It’s Really Important to Have a Plan
There’s nothing more exciting than, putting that down on paper. You have to put it down first before YOU’LL even believe it.If you never put it down, how can you possibly believe it? If you can’t get it out of your head, it just stays in you, like, it’s never going to happen.Get it out and bit by bit it becomes clearer and clearer. - If it Scares You, You Have to Do it!
Because it’s only fear in your mind, and then when you actually look at it, really, it’s just excitement.With fear and excitement, there’s a fine line. So I just started looking at fear in a different way and started looking at it as more of something really exciting that is going to make me feel amazing afterwards.That’s what I think about when I have to do something that scares me.
Thank you Niamh Hogan, for sharing your inspiring story with us!
FULL TRANSCRIPT OF INTERVIEW WITH NIAMH HOGAN, HOLOS
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FINOLA | Hello. Welcome to The Inspiring Entrepreneur series and I’m speaking to Niamh Hogan from Holos. Have I pronounced that correctly? |
NIAMH | You have. Yes. |
FINOLA | Fantastic. So Holos is a wonderful skincare range and what I’d like to do is get Niamh to tell us the story of Holos at the start, because the last time that I met Niamh really properly…was about 9 years ago? |
NIAMH | Yeah. |
FINOLA | When she was this wonderful therapist I used to go to who I will never forget and have never met anyone like her since, so… |
NIAMH | You’re saying all the right things there, Finola… |
FINOLA | And it was wonderful because your depth of knowledge about aromatherapy, about the body, about the impact of scent and oil on the whole body – and I learned, I remember, a lot from just being a client. |
NIAMH | Yeah. |
FINOLA | So, I would love to know – how did you start? When did the idea come to have this business from that point? |
NIAMH | Yeah, okay. Well, I suppose, I’m going to be honest and say there was no big plan at the beginning.
I was working as a holistic health therapist. I would’ve done massage reflexology, aromatherapy, Chinese medicine. I taught yoga, fitness, meditation. It was a whole broad range of health. |
I’ve always believed in you’re not just healthy because you go to the gym or because you eat well.
It has to be a whole myriad of things and I really always believed that even what you put on your skin contributes to that health and happiness as well. So, in my clinic as you were saying I knew my stuff and I always passed on my knowledge to people. I was never kind of, you know, I was never like ‘There’s the treatment. There you go. I’m not going to explain anything to you.’ So, I do always try and educate people. |
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NIAMH | But, anyway, going back to your question; I always used essential oils and plant oils in the treatments, so whether it was massage or reflexology, whatever, I always used those ingredients in a treatment.
I just saw how they enriched the skin, but also people’s lives. So, at that stage I was more concerned about how people felt. |
FINOLA | So, explain that to me, how to enrich people’s lives. Tell me more. |
NIAMH | …Just even that…okay, so the oils combined with the treatment, say…
So, the person comes in. They’re feeling tired or they’re feeling down or they have aches and pains or whatever, and I would choose certain oils based on the information they gave me and just on aroma alone it would give them a little bit of a lift. |
NIAMH | But, also essential oils absorb into the bloodstream, so the molecular structure of an essential oil is small enough that it actually absorbs into the bloodstream and has a chemical effect on the body.
So, when you use something like lavender over time or rose or whatever, that is absorbing and that is having an effect on your body and on your wellbeing. |
NIAMH | When the recession hit in Ireland, I…my…like everything, health was the first thing that went and holistic health in particular. People would’ve seen it more as a bit of a luxury. |
NIAMH | So, the clients started to go down. I had more time. |
FINOLA | Which is very interesting, health perceived as luxury… |
NIAMH | Yes, yeah…and something, I suppose, with holistic health, because we sort of push the “Prevention is better than cure”, it’s that we’re, you know, we’re like always kind of going, ‘Look, you do these treatments to keep yourself well.’
Now, often the case was I would get people who just had had no luck with doctors and that’s when they came and sometimes it was too far gone. |
NIAMH | So…the clients got less. I had more time to do things, but then I also started to just make up the products, the oils I was using in the clinic and …sell them to my clients. |
And then it was…Paul was doing design at the time, my partner, and he was cringing with these bottles going out the door, with handwriting on them, so he started to make labels. | |
And then, as we kind of built some of the oils – I had these core oils I would’ve used – as we built them up and did labels… I thought… ‘Maybe I’ll do the Christmas markets.
I’ll see, you know, if I can bring in a little bit more money. These oils are beautiful. I’ll see if they’ll sell,’ and Paul said, “Right. I’ll design some boxes for you.” And then, we started doing that and that was in, like, early November 2012. |
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NIAMH | And I started to put photos up on Facebook. Once we’d have a product bottled with a label and a box, and the messages just started flying.
People going, ‘How can we order? Want to get them for Christmas,’ all this. I had no website. I had nothing. It was literally just taking messages and getting people to put… I set up a PayPal account, put it into PayPal. And then, I did Christmas markets and we worked… |
FINOLA | What attracted them, do you think? |
NIAMH | It was mostly friends and relations and friends of friends and I think when they, I suppose, you just support friends and then when they see…
I suppose, for some people that’s they’re like, ‘Oh my God, that’s a product that, like, you could buy off a shelf!’ and suddenly it was this…it was like, Wow, that’s amazing! |
NIAMH | Plus, people would’ve known that I was very passionate, and I was very knowledgable about what I was doing.
It wasn’t just…it wasn’t just done by someone who decided they were going to start up a skincare company. It was a very organic, a very organic progression, which came from a lot of knowledge. |
NIAMH | You know? Um, so, yeah, we did the Christmas markets 2012.
It was I was…I mean, I worked so hard. We were making, we were literally making boxes by hand. We were cutting them by hand. Everything was crazy. Did really well. I was left shell-shocked. |
NIAMH | And then, March 2013, Paul was like, ‘A, Niamh, what are you going to do, like? That was really successful. You could do something with this,’
and he marched me to the Local Enterprise Office and I brought in some products. |
FINOLA | And what were you thinking when Paul marched you?
You had this experience of being extremely busy and all the rest of it and, I mean, it was when you talk about… I think drastic change often doesn’t happen drastically; it happens in increments. |
NIAMH | Yeah. |
FINOLA | So, I think that’s what you’re alluding to. |
NIAMH | Yes. So, I was thinking at that stage, ‘I’ve got all these products, but I’d no plan.’ |
FINOLA | Okay. |
NIAMH | Um, and I didn’t want to go to the Local Enterprise Office without a plan… because I was afraid of being rejected. |
NIAMH | But he marched me in anyway and they were like,
‘Look, this is export potential. There’s potential for employment. It ticks all the boxes for us. So, you know, why don’t you go do a business plan?’ I was like, ‘Yeah, grand! Right!’ |
FINOLA | Did that surprise you now… their reaction? |
NIAMH | Yes, because I’d gone to them before with my therapy business and they couldn’t really help me apart from kind of mentors and things like that, because it doesn’t fit the remit, its service.
It’s very hard to get support when you’re a service, financial support and, look, that’s what I needed. I was in there going, ‘Like, all the mentoring in the world is not going to get these products on the shelf, because I need money and, like, that’s the bottom-line. I need money.’ So, they said, ‘Get a business plan in and we’ll see what we can do.’ |
FINOLA | Did it occur to you when you were in that meeting that you had something that had export potential?
And the reason I ask you this question is, one of the things I do a lot with clients is this idea of…and I believe it very strongly… about having a vision. And I’m kind of interested in this incremental progression and
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NIAMH | I think when you hear that… you kind of go at that stage they were only words to me. |
FINOLA | Okay. |
NIAMH | And I was thinking, ‘Yeah, they have export potential.’
Well, at that stage it wasn’t believing that these would be exported. You know? At that stage it was ‘Get a business plan done.’ And for me it was like ‘I need to believe in getting a business plan done.’ |
NIAMH | ‘And getting funding.’ I knew, like, that was, you know, the…so that was what I was totally focused on.
So, I spent, like, 6 months doing a business plan to get funding. That was the end game at that stage. It wasn’t ‘Get them on the shelves.’ It was nothing. It was like, ‘Get funding to get this out there.’ |
FINOLA | So, setting yourself this achievable goal. |
NIAMH | Yeah, so there was always, like, new goals set all the time.
There’s a grand scheme of things. And you have this kind of faraway vision or picture where you’d like to be. But you can’t work to that until you’ve worked at the other little bits. So, my first step was to get the business plan done. |
FINOLA | But did you have that grand…?
That’s what’s of interest to me. Is it…did you actually have that grand, maybe foggy, but some form of potential vision at that point? |
NIAMH | Well…once I sat down to do the business plan…
…You know, and really kind of thought about it. I was like I did get it all into the business plan that, you know. I did have it in the plan, exporting and employment and all of that stuff. I knew that, that was the grand scheme, but I still couldn’t see how… I still wasn’t at the stage where I could see HOW I was getting there. |
NIAMH | It was I just had to make the plan look good to get funding at that stage! |
FINOLA | Do you think because…do you think you faked it a little? |
NIAMH | Yeah. |
FINOLA | Okay. |
NIAMH | Absolutely. |
FINOLA | Great. |
NIAMH | Completely, um, I… |
FINOLA | But the faking, the process of actually even faking it kind of seeps in after a while… |
NIAMH | Yeah. |
FINOLA | Okay.
And then you believe it. |
NIAMH | Absolutely. |
FINOLA | Okay. |
NIAMH | And that’s it and I say it all the time about fake until you make it.
It’s like you have to have this vision. It might be muddy, but if you get past this one, this stage, you will be able to get to the next stage. So, there’s no point in, like, bypassing all the stages and going straight for the top. It just doesn’t…you have to take the steps. So, at that stage, yes, I was writing all this stuff down because I knew that that’s what they needed to hear. I knew that, yeah, look, products do this, but I still didn’t believe it in my heart that this was going to happen for me. But if I could get the funding… Maybe it could happen for me. |
FINOLA | Next stage. |
NIAMH | …Then I got the funding and then I managed…
I could pay for getting all the toxicology reports. That was the only thing that was stopping me from launching, was getting toxicology reports and all the legal stuff done on the products. And then, to get obviously…to pay for packaging and all that for seventeen products, plus three candles. |
NIAMH | So, then I did my first…I did my first show in January 2014 where I brought the products.
For the first time, they were seen in public and I don’t shy away from public…from being in the public, but I…that morning I cried. I didn’t want…I didn’t want to go. I was sick. It was like… |
FINOLA | Where were you going? |
NIAMH | I was going to Showcase in the RDS |
FINOLA | Okay. |
NIAMH | Yes, and I was just like…and I think that was when you realised you’re at the next stage.
It was like ‘Oh my God, I did it. I did the business plan. I got the funding. I’ve got the products. Now I have to go and put it out there.’ |
FINOLA | Now, it’s real. |
NIAMH | It’s like, ‘Oh my God!’ |
FINOLA | Okay. |
NIAMH | You know? So that was kind of the realisation then, and then it was just getting out on the road.
You know selling it, literally calling door-to-door, because that’s what you have to do unfortunately. It’s horrible. No one likes it, but you have to do it. |
FINOLA | So, when you knocked so you would’ve identified maybe shops in a town. What did you do when you walked in the door? |
NIAMH | I would just walk in the door and say, ‘Is the manager or the owner around?’
And I would introduce myself and ask them if they had a minute and take out the products and go through them all and tell them my story. A lot of it was telling my story at the time, um, and, I suppose, I only learned my pitch… By going and doing that. |
FINOLA | Yeah. |
NIAMH | My pitch got much better and now I tell them my story less and focus more on the products and what they do.
But at the beginning that…that story really did help with bringing in the first…the first customer, the first stockists. And I think they saw the passion and, you know, I did a lot of work and support with them. There was a lot of being on the floor with the, you know, visiting stores and just giving them onsite support. And then, I suppose, the next… So, you kind of do that and you get lost in that and it’s just busy, busy, busy and you’re getting on with things and I think probably the next thing that makes you realise is when the media start talking about you. |
FINOLA | Okay. |
NIAMH | Then it’s like ‘Huh….’ {gasp} |
FINOLA | How did that happen though? |
NIAMH | The first we had…I had bits and pieces, but the first big one that just kind of blew us away was Karen Fitzpatrick – she’s an Assets model. She’s quite well-known in Ireland – I had a piece, a little piece on her hero products in The Independent. |
FINOLA | Okay. |
NIAMH | And she listed our antiaging facial oil as one of her hero products. |
FINOLA | And that was luck? |
NIAMH | And that, yeah… |
FINOLA | Okay. |
NIAMH | And that, um, was our first…got the website going. Like, we had the website, but they were dribbling in, the…the orders, you know?
And so that kind of our first…our first kind of experience with seeing the power the media. |
FINOLA | Okay. |
NIAMH | Um, and that suddenly all these orders started coming in because this person who people trust and know has said something good about your product. |
FINOLA | And had you been active at all in the media before that? |
FINOLA | Had you been on social media? |
NIAMH | Oh yeah, I would’ve been on social media, like, from the very beginning, like, even before we launched.
I would’ve been working on, you know, on social media. Like, I came into this business knowing nothing, you know? I knew nothing. I had people saying to me, ‘Oh, have you sent your products to so-and-so editor of whatever magazine?’ And I’d be like ‘Yeah, yeah, yeah…’ and I’d be furiously googling who this person was, because I hadn’t a clue who the influencers were, who the people who could help me were. It was pure stay…you know, study the industry, look who’s influencing the industry, who are…you know, Twitter, stalking them on Twitter, getting involved in the conversations. Lots of, like, strategic hard work in, like, making sure that these people knew who I was, and then getting the products out there, sending them out. You know, I got lots of support, like Marissa Carter was brilliant support from the very beginning, like, she, you know, got me on Xposé at the beginning, like, our very first TV, which, I suppose, the next kind of thing after the newspaper thing. We were getting loads of blog reviews and loads of bits in magazines. It was…it was great, you know, as one comes, they start to kind of flow a bit. |
NIAMH | And then, you get to a stage where people think of you when they want to do a piece on something, so they’ll contact you and go, ‘Look, do you have something to say about it or…?’ |
FINOLA | Because you’re now a little bit familiar. You’re now a bit familiar? |
NIAMH | Yeah. So, you’ll get contacted and go, ‘Look, we’re doing a piece on Irish skincare or Irish manufacturing or Women in Business. You know, we thought of you. Would you like to…’ |
FINOLA | Great. |
NIAMH | ‘…You know, say something or do you want to send us in an image or something?’ you know?
So, it’s really important to build those relationships. |
FINOLA | So, when people said to you, ‘Have you sent something to the editor of this?’ or stuff like that,
Had you been doing any of that before? |
NIAMH | Uh…yeah, like, I would’ve started out with sending stuff to bloggers. |
FINOLA | Yeah. |
NIAMH | So, I did a thing on Twitter called “Holos Loves Bloggers” on a Monday night. |
FINOLA | Okay. |
NIAMH | I did a Twitter hour. |
FINOLA | Yeah. |
NIAMH | And that built a whole network of bloggers around Holos. |
FINOLA | Great. |
NIAMH | Um, so what it was, was, I would partner up with a blogger every week.
We would pick a subject and we’d talk about it and then that blog, that blogger brought their friends or their blogger community on. We’d have the conversation and then they would go and review the product, so… |
FINOLA | And you would….the topic that you would discuss, was it revolving around your product or something else? |
NIAMH | It would revolve around something in beauty or… |
FINOLA | In beauty. |
NIAMH | Yeah, like, not as specific as my product, but I was Holos and this blogger hosting the talk. |
FINOLA | Great. |
NIAMH | So, it just became a conversation in getting to know people, so that built up loads and loads of content for Holos at the beginning.
The bloggers would write reviews and most of them were not huge bloggers, but they’d have loyal followings. |
FINOLA | So, this stuff…For me, I’m always interested in the stages of an entrepreneur and growing a business.
So, this didn’t just happen to you. It didn’t. It wasn’t…well, this is a question, not a statement, I suppose – when that first article appeared. Was that the culmination of all the hard work you’d done to get it out there? Was it…did it or did it prompt the idea to do that? |
NIAMH | I was doing that. I suppose, I was doing it. But, it was more bloggers, because they were more accessible. |
FINOLA | Yeah. |
NIAMH | And then, that piece in the newspaper was the first kind of big thing I never looked for.
I didn’t go for, you know…it had nothing to do with me except that it was my product. |
FINOLA | Yeah. |
NIAMH | And then, I suppose, I’ve actively looked, you know, for those things.
I do connect with editors and I make myself visible. We’d send products to them. You have to do that. Or they forget about you. There’s new things all the time and I follow them all on social media. I, you know, get involved in their conversations. But, like, a lot of it, a lot of the big stuff is ‘Luck…!’ like, you know… |
FINOLA | Yeah. |
NIAMH | I mean, the next thing we’d got was Ireland AM. |
FINOLA | Okay. |
NIAMH | Pure Luck, as well.
It just came at the right time that Laura Bermingham needed a product on Friday and she had nothing and she looked at a number of products. I was working with a PR company at the time and she looked at a number of products and she chose Holos. And normally you’d end up paying for those slots. But she needed something and there was no payment required. She went on and that was my first experience of being on TV. Not me personally, but my products, my brand being on TV. And that was a whole other ball game, because, like, wow, literally watching it on TV and watching the computer as the orders came in. |
FINOLA | Wow. |
NIAMH | Just the power of…of, you know, television. |
FINOLA | So one of the questions I had in my mind to talk to you about today was this idea that you started out as this therapist and you start to have these formulations to make your own product line, but you’re in an industry where there are a lot of big guys – it’s real David and Goliath – and you at this point have won several awards that are in big magazines and you’ve now been nominated for another… |
NIAMH | Image, this business…the beauty entrepreneur of the year. |
FINOLA | Which is a fairly hefty thing to be nominated for…! So, what’s that like? Did that ever sink in that you were actually taking on a major skincare range to replace that… In a woman’s skincare regime? |
NIAMH | I don’t think you can think about those things too much because you’d run scared. |
FINOLA | Okay. |
NIAMH | I’ve just, I suppose, gone with the flow and every time something has happened, like when you get your first piece of media and realise that people know your brand and they’re talking about it and you’re getting messages from people who are saying they’re getting great results and…you realise that it’s gotten bigger and ‘Oh my God, you know, it’s not just me in the kitchen making things and more…’
And then, you know, when you win your first, like, I won the first, my first business award 9 months after we launched and the Bank of Ireland award and then again, it’s like, ‘Okay, I must be on to something. Like, you know, these guys know what they’re talking about,’ so if I’m standing in front of them with a plan and telling them about my plan, my strategy and they’re going, ‘You win the award,’ like, maybe I do know what I’m talking about. |
NIAMH | So that gives you another boost, um, to kind of keep, you know, keep on going.
And then, you know, I think it’s just confidence all the time. Different things happen to you as you go along that build your confidence. You know, I would never have thought that I could stand on a stage and speak to four hundred people. You know, you do that and a little bit more confidence grows. You know, you go on Xposé a couple of times and, you know, it’s…it’s just you have to…you can’t…you’re never confident before go in and do it. Like, you have to…I think you kind of have to. You’re always sacred. You’re like, ‘Oh my God, I can’t believe I’m doing this, but then you do it and straight away you know you’re never going to be afraid of doing that again, because you’ve already done it. So, every time you do something that you think this is happening to somebody else, you just get new confidence and it spurs you on to the next bit. |
FINOLA | And do you think – we talked a little bit earlier before we had this, um, interview. We talked about stages in the entrepreneurial journey.
Do you think having it in your mind that this should go, it has to be some part or something that you’re doing that makes you that little bit scared to push you to the next stage? |
NIAMH | Oh yeah, that’s what… like I have several…several, like, rules that I live by.
And one them in business is if it scares me I have to do it. |
FINOLA | Great. |
NIAMH | Like, I made that rule…I’ve covered…2 years ago I was like,
‘Look, if it scares you, you have to do it, because it’s only fear in your mind, and then when you actually look at it, really, it’s just excitement. It’s actually that you…you know, it’s…it’s not…’ Fear and excitement are…there’s a fine line. So I just started looking at fear in a different way and started looking at it as more of something really exciting that is going to make me feel amazing afterwards. That’s what I think about when I have to do something that scares me. |
FINOLA | Do you think that that has played an important role in how fast you’ve grown?
Or do you even think you’ve grown fast? |
NIAMH | No, I don’t. |
FINOLA | That’s very good. |
NIAMH | Uh, no, I don’t. |
FINOLA | Because you have to remember I have worked with clients who might have started working with me and they’d been in the same situation for 10 years.
And often the challenge is to break the cycle, but I find it interesting that you have this rule for yourself, which means the odds are if you keep that rule you’ll never fall into that cycle. |
NIAMH | Yeah. |
FINOLA | I like that. |
NIAMH | Yeah, I know, like, it is and I…I really, really, really believe in it.
If I didn’t have something on the horizon that was scaring me, I’d give up. Finola, I would completely give up and I would just like marry a rich man or something, because, like, there’s no point doing it unless there’s a challenge that gives me, like, a feeling in my gut that, you know, there’s just no point and I actually will get depressed if I don’t have something like that. Like, I just need it and I think that’s probably the entrepreneurial spirit, um, and it’s a bit of madness as well, but… |
FINOLA | “Growth is life” kind of idea. |
NIAMH | Yeah, like, and it’s more and it’s not driven by money even.
Like, obviously I want us to do well and I want to have money and, you know, but there’s so much more. There is that, like, just that feeling of when you’ve done something. You know, I mean, my first, you know… Like, it used to be I was scared of going in and pitching, just doing a cold call pitch, and then It got to, like, you know, being absolutely terrified before I’d go in and pitch to, like, a pharmacy group. And then, you know, it was…or I’m pitching to an awards committee and then, you know, it’s getting up on stage to four hundred people and…it was, you know, Dragon’s Den and… |
FINOLA | That was my next question. |
NIAMH | …Enterprise Ireland and, you know, like, I can honestly say the most sacred I’ve been was before I went into Enterprise Ireland. |
FINOLA | Okay. |
NIAMH | Not Dragon’s Den. |
FINOLA | Okay. |
NIAMH | Enterprise Ireland…I was terrified. |
FINOLA | Why? |
NIAMH | I was just…because that was…it was massive for me, because it was that…it was, again, I was at that stage where I was like, ‘What the hell am I doing here?
I…I don’t even know why they have picked me.’ You know, it was…it was that I had all the right words on paper for them, but I was kind of, you know, ‘Do I believe them? Do I really believe them?’ and then, honestly, they believed them. So, I went in and I was so nervous… I was shaking and I went in and I told them I was nervous. I did the pitch and it was fine and we got on great and there were loads of questions. I was brilliant and I walked out of there and I think I wanted it so much at the stage when I got in there. It only hit me when I was in there. It was like, ‘I’m here and I’ve done this because I’ve worked bloody hard to get here and I deserve to be here and now I want it so much. I want this investment so much.’ And then, like, 2 weeks later I did Dragon’s Den and it was the same thing that I kind of…when the whole Dragon’s Den thing started, I was like, well, again, ‘What do they need to hear?’ and then when you get there and you’re in front of them you go, ‘Man, like, I’ve done really well here. I’ve got in here,’ and you…and you want it so much then, but it’s that you have to go through all the other bits and be pushed into it out of your comfort zone to face the fear, realise that it’s actually really exciting and go, ‘Okay, I can do it. I can do the next thing now.’ So, you know, now I’m in the phase of, you know, I’m starting to export. I’m getting partners. I’m speaking to people I would never have dreamed of speaking to. I’m going to bloody, like, investment conferences – I mean, how boring is that? This is what I do, you know? |
FINOLA | But it’s not boring to you. |
NIAMH | No, it’s not.
It’s not boring to me. This is what the thing is and this is the stuff that excites me now… …Because I’m in that, you know, I’m now in that. I’ve now got to that stage where I know I’ve done all those other things that were so difficult and so scary at the time, but now I kind of think, ‘Yeah, you know, that just has to be done.’ |
FINOLA | Tell me… |
NIAMH | And I can understand that, yeah, it is very…they’re very scary. Every stage is scary. |
FINOLA | But I think you’re normalising “scary” with how you’re speaking and I think that’s really good, because I think that there in my experience there’s a lot of companies who will stay in a space.
I think it’s good in this interview, to draw attention to that.. to growth only happens when things are a little bit scary or some movement. You need that movement to keep going. And not to stop. |
NIAMH | Yeah |
FINOLA | What’s next, tell me. |
NIAMH | Well, next is…I’m building for investment, first of all.
That’s…that’s one thing that’s happening that we’re going to have to hopefully at the end of the year we’ll be looking for a round of investment. Export is big, so we just started exporting to the UK and we’ll be looking closely at Germany and the United Arab Emirates as well. |
FINOLA | And how did that come about? |
NIAMH | United Arab Emirates, I got interest from someone in Dubai and… |
FINOLA | And they contacted you. |
NIAMH | …They contacted me. |
FINOLA | Great. |
NIAMH | So, I’m going out there to literally do…in October to do market research for a week. I’m going to do the developing work. It’s I’m doing what I did here… |
FINOLA | Great. |
NIAMH | …But in 35⁰ heat. |
FINOLA | Yeah. |
NIAMH | So just to learn, yeah, to learn, you know, to be on the ground and learn.
And then, we have a new range coming out. So, there’s big things. There’s investment, export and a new range, which is like a new concept in skincare and it’s going to be huge. |
FINOLA | So, you started, when we talked about your product earlier, you said the first products were what…is what you learned from your own clients and… |
NIAMH | Yeah. |
FINOLA | …What you wanted to make. |
NIAMH | Yeah. |
FINOLA | And is this next round what the market has told you they want? |
NIAMH | Yes. |
FINOLA | Okay. |
NIAMH | So, we have developed something that the market wants. |
FINOLA | Yes. |
NIAMH | But it’s got a new spin on it, so… |
FINOLA | Great. |
NIAMH | …It’s a new…it’s…I won’t say this concept doesn’t exist, because it does, but it’s new and it’s going to be big and we’re getting in there at the beginning of it. |
FINOLA | Wonderful. |
NIAMH | And the products are…are absolutely amazing. They’re just gorgeous and really work. |
FINOLA | Fantastic. You also mentioned something about you’re doing some work which harkens back to your time as a therapist. |
NIAMH | Yes, so we launched Holos as a retail product, um, but it was always in the plan, that plan that I wrote down that we were like, ‘Get me the funding,’
That eventually we would train Holos therapists. So, because I was a therapist for 13 years and because my therapies were all kind of self-designed, really – like, I never was one to just learn how to do something. I always put my own spin on it – I had five different massage modalities. They’re like diplomas that I put together to form a treatment that you wouldn’t get from anyone else. So, what I’ve done is designed Holos therapies. They’re really holistic therapies, so it’s like a facial, but it’s not just a facial, so it’s brilliant for people with neck problems as well. It’s really, it’s just a holistic treatment. So, we’re training up therapists and salon owners and they use the product in the salon. They can retail it if they want and they also become Holos therapists. And then the idea is to build a huge community of Holos therapists and they will become trainers. So there’s great…there’s employment and there’s partnership and there’s loads and loads of potential, um, for the whole Holos community. |
FINOLA | Fantastic. So, there’s a couple of things I’m getting out of…as kind of learnings for people.
One is that you talk a lot about the plan. And that’s quite interesting because entrepreneurs don’t…often don’t like to do them. So, you talk a lot about them. |
NIAMH | I love planning. |
FINOLA | Okay! Great. Okay. |
NIAMH | I love it. I love planning!
I think it’s really important to have a plan. You know, it doesn’t have…every single little thing doesn’t have to be worked out and it doesn’t always go according to plan. A lot of the time it doesn’t go according to plan, but you still need to have a plan. You still need to have an idea of what you have, where you are, where you’re going and some measure of how you’re going to get there. You know, my first business plan was for a year, because I could only really see in a year down the line. My, you know, second, third and fourth were for a 3 years and now I’m writing a 5-year… |
FINOLA | Yeah, brilliant. |
NIAMH | Business plan. You know, so those things that I’m going to put in the plan probably won’t happen exactly like that, but they will happen.
And, like, I now know… |
FINOLA | It’s like…it’s like a planning muscle. You’ve got to flex it a bit before you get better at it.
I know from…in my work as a marketing practitioner for years that when I tried to get people to think in terms of 5-year frameworks, because I also want them to dream a little, to extend a little, because often we think too small… …Because the entrepreneur as you described at the start, 1-year plans. 1-year plans are because you…you are a doer. Entrepreneurs are doers… …But they’re very operationally focused and it’s always to stretch, and it’s interesting because in Japan they do 25-year plans. |
NIAMH | Yeah. Yeah, I think at the beginning you can’t see past yourself, so you’re only looking at ‘What can I do myself?’
And then it starts to grow and you realise, ‘Well, this is not all going to happen with me.’ Start building a team, so you’re building on the bits in the plan that the other team members are going to do. And, you know, that gets bigger and bigger and bigger. So, well, that bit in the plan, you’re not going to be able to do that, but someone in your team will be doing that, but you need to have that idea in place. And if you’re…you can be an entrepreneur and have something that never needs funding or never, you know…and make plenty of money and be… but, my industry, first of all, the market in Ireland is too small. I’ll never survive in Ireland. I need to be getting export. I need massive funds… …To keep going or for it to grow to the extent I want it to grow, so I have to have a plan. I can’t walk into an investment, panel with a bit of an idea. It has to be, you know… |
FINOLA | Solid. |
NIAMH | …Strategic and solid and understand what it is about, the potential that the business has.
People need to change their mind about plans. Like, planning, like, you’re just creating a picture of what you want, like, you know, it’s… |
FINOLA | Great. |
NIAMH | …There’s nothing more exciting than, you know, putting that down and, like, you have to put it down first before you’ll even believe it.
You know, like, if you never put it down, how can you possibly believe it? If you can’t get it out of your head, it just stays in you, like, it’s never going to happen. You know, get it out and…yeah, bit by bit it becomes more. It’s becomes clearer and clearer. |
FINOLA | So, let me ask this question – thank you very much for the story, okay?
So, if you were to give one piece or two pieces or three pieces of advice to an entrepreneur, what would you give them? |
NIAMH | Um, okay, one piece is that…
I think a good recipe for being an entrepreneur is passion and a bit of groundedness. I think there is the idea of that passion alone gets you what you want is pandered a lot to entrepreneurs. You can have all the passion in the world, but if your idea is rubbish and nobody wants it. it’s just not going to happen like. You have to have this groundedness and reality, or reality and passion. And you need that together. You have to be able to look at it and stop if something is not working. You have to be able to take advice from somebody who knows better. I think I learned that from my first business when I refused to take any advice from anybody. I knew everything. So, yeah, passion with reality. And then the thing around fear, like, everyone is afraid. And that if you’re not afraid, well, then, God, you must be miserable. |
FINOLA | Okay! |
NIAMH | Because it’s like that’s a normal…it’s a normal, um…
Don’t be afraid of the fear basically that that is completely normal I like to think. |
FINOLA | Well, I like that you’re repositioning it into it’s not actually fear.
It’s actually excitement. And maybe to understand that there’s a difference between the fear that’s the warning system and the fear that’s the excitement. |
NIAMH | Exactly.
You know? Like, if you put me in a cage with two lions, that’s like Fear, because, oh my God, I’m going to be ripped apart. But the other thing is like, you know, I mean… ’What’s going to happen at the end of this?’ If you go in and you do a pitch and the chances are you walk away with quarter of a million euro, like, would you not take the chance? You know, go for it, like, and it’s that excitement. And sometimes it doesn’t work, but… |
FINOLA | Sometimes it does. |
NIAMH | Sometimes it does. |
FINOLA | Fantastic. |
NIAMH | So, I’d rather find that. |
FINOLA | Yeah, fantastic. Thank you for your time, Niamh. |
NIAMH | You are welcome. Thank you! |
FINOLA | Take care. |
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