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00:00I'm going to say how you feeling, you're going to say great, how you feeling?
00:07Thank you. My name is Denise Lee, I am a local anchor here, good morning, New Orleans, and also from Bravo, Southern Targ, New Orleans, right here in this wonderful city, and I am here to celebrate the winners of the Shea Voices X Black Millionaire Fund, along with new voices in Target.
00:25We have some great winners back there, I've met them earlier on Friday, also excited to introduce, and certainly their black businesses, maybe they're going to know they're going to become millionaires in the future.
00:37So there's a couple of people I want to introduce today before we get started.
00:41First we have Cara Saban, she's the CEO of Sundial Brands, beauty, and welcome to CEO of Humiliver, North America, and give her a round of applause.
00:51Cara Saban, up next, Richland Dennis, you guys know you're a founder of New Voices Climate Foundation, founder of Serial Brands, and founder and chair of Essence, 10 years.
01:07Mimi, who is the CEO of Humiliver, who is a senior buyer at Target.
01:11At this time, we welcome back into the stage, Cara Saban, CEO of Sundial Brands, and of course, she's going to share some history, watching oysters, reinvestment, and facts of the next Black Millionaire Fund.
01:32Thank you, so we have a honor.
01:33Happy Friday.
01:36Happy Friday.
01:37Happy Friday.
01:37Happy Friday.
02:07Happy Friday.
02:37It is a partnership between King Oyster, New Voices, and Target, and it is our way to walk the talk and really, really, really make an impact about the industry, making the space that we've been planning.
02:53And so, you know, rich, it's a little challenging to talk about the industry as a government, a cultural founder here right next to me, and we've gone from black leadership, being black founded, to now black men, and we are here to work through the mission and vision and rich in the new place.
03:12And so, with the next black millionaire, what we're doing is we are investing in three black-owned businesses across different areas and bringing them to the space of Target.
03:27And, you know, when you talk about being a company business, often one of the first things that you want to do is have distribution in store, but there are a lot of steps needed before businesses are ready to get there, and that's been so wonderful about the work that New Voices Foundation does.
03:44And so, I'm just happy to be here with rich, but you need to meet up, and we have a special surprise at the end of this, so stay tuned.
03:53Thank you so much, Karen, and so much work.
03:56You've got to see the voice during the New Voices Foundation.
03:59Rich Lou Tedd is the founder of the Founders.
04:02I'm going to reach your title here because it says a lot.
04:05All right, Rich Lou, you are the founder of New Voices, find the end of the Foundation, the founder of Sundown, raise the founder, and share his visions.
04:13I mean, that's awesome.
04:16Tell us all about it.
04:19Well, it's, uh, first of all, is that a good time?
04:30Is this a sense of giving you money's worth?
04:32Yes.
04:33All right.
04:34Let's, let's start, let's start there.
04:37Because, what a lot of people don't know, is that too much for me, it started to take off while we had a success of it.
04:47But, it wasn't inside this building.
04:52It was on the street.
04:53And that parking lot was, right, it broke in when you come in.
04:57And we started out there, um, engaging, if you will, um, with all of you that come here, right?
05:05And, what that did was give the brand a, um, music activity to real people, um, in a real way.
05:17And understanding what they needed, what they needed, and what they needed.
05:21The biggest thing that we learned from those days, from those parking lots here, and in New York, and, and everywhere else in the street corners, was, our communities are not going to be able to continue to be living.
05:43They're not going to be able to fight the fight.
05:45If they don't have the resources to take care of their business, if you don't have the money to buy a song, what are you going to have the money to do, right?
05:59Um, if you don't have the money to be able to design where you teach, go to school, what kind of education are they going to get?
06:06They're going to get the kind of education that somebody else wants them to have.
06:10If you don't have the money to choose which is what you want to do.
06:15Where are they going to be a medical care?
06:18Where are they going to be subject to them?
06:20Is what somebody else wants to do for?
06:23And how are they going to teach them?
06:25So, when you think of those basic, basic things, and you don't have the money to decide what kind of food you need.
06:32But you have to rely on somebody else to develop a program that feeds you.
06:36How are you going to nourish the money and nourish the job?
06:40And how are you going to be, or are you going to feel about themselves as a parent as a human being?
06:46When your kids grow up, understanding that the basics, the basics of life are even the strength.
06:55Not the form.
06:57And so, we really started to think about what our business needed to do.
07:02So, we started using our business, and our customers, and our customers, and our resources, and the opportunity to be able to buy our products.
07:11And so, we started using our business, and that module has been in for some, 30, some years now, for this idea of community commerce, right?
07:22Building our business system and respect in the communities that we come from, that we make our money.
07:29And so, as we now move into this next phase, and then you say, well, you have a brand that started there, look at where it is today.
07:42That's a 30-something year history, right?
07:45And so, we can't wait 30 years to be able to send our tools to do that they wanted to go to, and they were able to feed the food that we want to feed.
07:55And so, what we're now doing here, what this brand has been, and the wealth that, and so not just being forward, seeing what's there at the end of the end of the end of the end of the end of the end, is that we can eventually use our new businesses to invest in our new communities.
08:16Because the idea of community commerce is not a new way, it's how we have to decently take care of each other from the place that we were stolen from and brought here, and before we had to change our thinking, and before they had looked at us, with these ideas that separated us, right?
08:36Community is when black people are stolen, and I think businesses that help us afford investments in our community is where our future lives, and so, as we launch this, it is important to the target to do this.
08:53Remember, this isn't about us trying to sell for product, this is about us trying to sell for product, so if you have $1 to invest in the entire community, then you see them flying in.
09:09And if you have to get it twisted, stop and look better, on a brand that's not in a parking lot, and on the streets of New York, that the people that built that business, will be able to bring you the experiences that you're having here, and all the joy that you may have to take back, and will fight this world with when you need to bring, that's what this is about, this is what we're fighting for, this is what we're partnering on, and we're grateful to have you guys on the journey.
09:39And I didn't see any other things that you don't want us to get to say, so if there's something I missed out, and then you can come up and tell me.
09:48I think you just landed in, I like the initiative that you're doing, making you following in the community, but I'm starting to see your buyer as a target, talking to you as you are, talk about how Target is promoting black-owned businesses.
10:00Yes.
10:01I think for Target, one of the big things is getting these brands in our stores and also online, but it's really more than just that, Target has over a limited level of businesses across major categories, and maybe it has been the failure of the food function, but there's something that you're supposed to be involved.
10:18A hundred, controls, and piano records, as many of them.
10:23So, let me tell you, when I started in Target, I think it was 2008, when we locked you, and we had five red brands.
10:38Locked you.
10:39Don't do it.
10:41And back then, I think it was a little bit of a reason, I'm just not telling you, I just found myself, as if you probably don't even know this.
10:50But typically, black business owners, would not even speak to black-owned companies, and then talk to the guys who are fighting for the seniors.
11:05Businesses take us to 20% of the total employees.
11:10So, think about it.
11:12The black-owned company, you can't stop.
11:16Right?
11:17If you get to be part of the family, if you're part of the family, right?
11:21If I got to open the family, it gets me to the team.
11:24By the time I get on myself, I am already 20 cents, suffering, and I'll be better.
11:34But you can get on yourself, let a dollar, every dollar, and I get 20 cents.
11:40Right?
11:41So, think about the disadvantages of being able to build a business when you start, and what
11:47that time I get back, and we all had enough time, but I can tell you all the other stuff,
11:52and that target changed, because nobody really realizes this.
11:57The target was the one that listened to me, and what a place it has, and said,
12:03I'm going to be able to live, and I realize I'm not going to live in 16 years, and since I'm
12:08going into being tested, because the target was the one that unlocked me.
12:12Today, you have to live a brand, and they have a fair opportunity to fight, and you got
12:16people that may be using their charge, and you need to hand for that.
12:20Yes.
12:21Thank you, Ritz.
12:23I'm going to run some schools, and I'm going to run a lot of times.
12:25That's a lot of times.
12:26I'm going to run a lot of times.
12:27I'm going to run a lot of times.
12:27I mean, I think I said a lot of times I was going to say, and I think I had the plans to continue
12:32to increase that, and I think I also just want to bring the brands to the stores,
12:38but what happens after I saw target is, and then it's increasing hard to support
12:44this brand, and I just want to be able to help with my business to succeed, and this is one
12:50of the reasons why I'm super excited about this partnership with Shay, New Voices, and then
12:56that's a lot of people here, because I think together, we are able to just put ourselves more
13:00on this together, and teach and amplify businesses and help them to grow and succeed.
13:07I love this round of applause from Amy.
13:09Of course, I should take care of the courage of a few words, and I'm a little surprised.
13:14Yeah, so as part of this program, one of the first elements we're going to announce today,
13:22there's going to be more elements to come, but we worked with Target, we worked with Amy,
13:27we worked with Rich, we worked with New Voices, to identify three black-owned businesses.
13:34They didn't have to trust me in beauty, but three black-owned businesses that we felt had
13:40long-term potential.
13:42The founders were committed to making an impact in our community, and that they were just really
13:47like-minded.
13:48And so, I want to announce who those three businesses are, and in recognition of their effort,
13:57what we will be presenting to them, keeps just $100,000, keeps them in there, to further
14:04their investment.
14:06So, I think some of this best stage hopefully has read this all the people in some of those
14:13things that I've been doing, and they said, at least a day, at least a day, at least a day,
14:18at least a day, at least a day, at least a day, at least a day, at least a day, at least a day.
14:20Come on, I remember, that $100,000 would have taken, when I had started calling those dreams,
14:30would have taken two to three years of my development time, right?
14:37Two to three years of my life, of my family's life, and that's what you're impacted.
14:45That's the first thing.
14:46The second thing is, this isn't shared, and it's just going to be something that I give
14:52those people $100,000 today, so that if you come out and say, hey, we need these people
14:58$100,000 today, I can't help break me off.
15:01This is a direct result of your investments in this community's investments.
15:06The point is, if you don't support these brands that are investing back to our community,
15:23these resources won't be there to make best back to these people, and I can't stress enough
15:30what's important is, look at the brands, and you'll spend your money on them, because
15:35look at what people do with the big money before you make those purchases.
15:39And I'm glad you said that, because there's a lot of conversation about black-colored brands,
15:46black-founded brands, black-led brands, favorite ones of black-colored and black-founded brands.
15:53And when I say that we're committed to Frederic Rich's mission, we're no longer black-colored brands.
15:59But our focus on the vision is unlavering, and so because of that position, we are in a position
16:07where we have the resources that we can do, or at least do, through the community commerce model
16:12that managed to get invented. And so thank you for taking that pleasure, Rich, for making that point.
16:17And we'll see that this is about me, so we're going to run out of time.
16:21Why?
16:22Why?
16:23Because these things, these things are important, right?
16:25Like, people need to understand how these things come up, not just that they showed up.
16:30So, we've kept a lot of sweat.
16:33I've kept a lot of sweat.
16:35We've pulled a lot of sweat.
16:37But I've sold some dollar chain, because people have never seen somebody
16:42sell something in the best game, and then take those dollars, and then create something
16:47of this game.
16:48And I know that it is sold sitting on a button, and closed on places as in Friday.
16:55The plan is very intense.
16:57The other thing is, and I'm not getting too, is the other impact of that, this man
17:04is now that Kelsey became the Unilever, because she and I admit that we're working on what
17:14we're going to do this game.
17:16She loves the Unilever.
17:17She is today.
17:18There are some relations in the Thursday.
17:21And there are any other things in the same game at the same time, right?
17:26Today is the CEO of the Unilever, not America.
17:29You know what I did?
17:30That gave a black woman an opportunity to come in on her terms, because of the
17:42plans you didn't know.
17:43But because also, she was in the snow again for something that may matter.
17:47It seems very naffy as you get to make a city in the city, and make a city in the
17:53city in the city.
17:54And terror comes in, and fires me, and takes us from my role.
17:59And today, she is spending it with the standard title.
18:03It says something it is, and you need to turn it down.
18:06Today, what is the UNI?
18:08The UNI is so I love the American terror with me.
18:11Comments of a billion, some of the businesses out there.
18:14Comments of a line.
18:15Comments of a line.
18:16Comments of a line.
18:17Comments of a line.
18:18Comments of a line.
18:19Comments of a line.
18:20Comments of a line.
18:21Okay.
18:22Said oh, and아, they've done.
18:23They're going to continue somewhere between $8 and $10 million for businesses
18:29that she runs today, because it was Ratheir was built to be sold to a lot of or
18:37a company, and you know, now we're changing that company from the end, like you mentioned,
18:43but so come send that over from me.
18:46Because I'm trying to identify how many nonprofits aren't brand new that you guys
18:49Let's see, right?
18:51Just a little bit around.
18:55I'm going to go over the menu.
18:57All right, now I've got my birthday orders, okay?
19:01So, we have some magic stuff here.
19:04I think all they're over here.
19:06All right.
19:08So, I have that tip now.
19:14One of my teeth here with me.
19:15The first is Neil Hudson, co-founder of Scotch Boys.
19:21If you have not heard of Scotch Boys, you need to find out.
19:25Delicious, fun sauces.
19:27Neil, congratulations, brother.
19:30Congratulations.
19:32Congratulations.
19:34And are we?
19:36Thank you, everybody.
19:40This is me.
19:45And I just want to say, when I met Neil, oh, that's right.
19:53When I met, when I met you, and I planned to December of last year for the marketplace,
19:59the Scalace marketplace, you had a set of chips and sauces, and I was going for the hottest
20:07one.
20:07He said, oh, I don't know if you can rest on me, so I can pay more.
20:12And I tried it, and it is quite spicy, but it was delicious, and so I'm so proud of you,
20:18Neil, and so happy to have you in our family.
20:22All right.
20:23Now, we have to do the whole bunch of luck for a moment.
20:25I've done that.
20:27Sarah, this is something.
20:28See, that's what I'm about to do.
20:29I'm about to dollars.
20:31That's a lot of those who have happened.
20:34If you're in the middle of a company, it's raising your feet of a lot of love, I've done this.
20:39Okay.
20:39It's like, there's a few minutes.
20:43So you set up these incubators, and it's income where you've got to provide your resources
20:47and get help you advance from the other people there.
20:49Right?
20:50After that, you've got to take a lot of the city and company.
20:54Right?
20:55You've got to go back and say, look, the day you've got to get on sale.
20:58But you've got to say, yeah, and so we'll get you $20,000, and then we've got to take another
21:02lot of the city and company.
21:03So before you ever get to that, you can go to your company, say, and I'll say you're
21:08only about the distributors.
21:09You start at $0.90 on the dollar.
21:13How do you compete?
21:15You know what?
21:16Where you can't go to the banking condition.
21:18You get that loan.
21:19That's not that it calls the equity in this company.
21:22How do you do that?
21:23You do that.
21:25I'm interested in brands.
21:26So I'm saying that you get that money invested back in this community so that $100,000 does
21:33not cost them a single percent of this business.
21:38And that's the difference.
21:43All right.
21:45Next we have...
21:47We have the choice here of cosmology.
21:55Right here.
21:57Look at them beautiful.
21:59Come on.
22:00So I just want to help somebody to say that you want me to come out of my hair.
22:05Am I doing it wrong?
22:06All right, team.
22:07All right.
22:08Come on.
22:09Tilt it down.
22:11I'll see you next time.
22:12Okay.
22:12Okay.
22:12So what I love about your business is we just happened to have a call.
22:30I'd reached out to Rich's sister, Richelina, from New Voices and said we are interested
22:35at working with black-owned vendors that make hair accessories and tools, and she said you
22:40need to talk to cosmology.
22:43And when she was explaining, so, how is this when you're at casual hair?
22:47And when you're in the shower detainly, you get really frustrated and, you know, okay.
22:56So there's a process of finger detainly, and it's a good process to detainly your hair
23:02when you're in the shower because the warmth of your hand and the way that your fingers
23:07is changed.
23:08So they have developed into one of many in their work only, and it makes finger detainly.
23:15What?
23:16And it's absolutely the way to invest in cosmology, so congratulations.
23:27And last and certainly not least, Miss Dorian Lawrence from Undefined Beauty Marlboro.
23:38So I have now zipped out an inspection in a lot of ways because you have already been in
23:44an inspection fan from Richie's days, and she has developed this amazing business.
23:54Um, please check it out.
23:56She is so sharp, so intuitive, so driven.
24:01I know you're going to go on to do many more wonderful things, and I just want to say congratulations
24:06to you, so we'll take a good picture.
24:21I mean, wonderful.
24:22Well, we're going to see, because of biology, we're going to see Undefined Beauty, we're going
24:25to see Scotch Voice in Target.
24:27So we're going to go buy it.
24:29Thank you so much.
24:30It's Mimi, Rich, Dennis, and Karen for the Jane Oyster New Voices Target.
24:35Please tell me a round of applause.
24:37Thank you so much.
24:37Thank you so much.
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