Wharton FinTech Podcast

Danielle Cohen-Shohet, CEO & Founder at GlossGenius - Enabling salons & spas to grow revenue

Nov 7, 2022
Danielle Cohen-Shohet, CEO and Founder of GlossGenius, shares her journey from Goldman Sachs analyst to leading a fintech revolution in the beauty industry. She discusses building user-friendly solutions for salons and spas, emphasizing the importance of simplifying financial workflows. Danielle offers insights into the unique challenges female entrepreneurs face and shares her belief in the value of history for leadership. The conversation also touches on trends in embedded fintech and the critical traits needed for entrepreneurial success.
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ANECDOTE

Danielle's Founding Story

  • Danielle combined her digital receipts startup, technical skills, and makeup artistry experience to found GlossGenius.
  • This background gave her insight into point-of-sale inefficiencies in beauty industry workflows.
INSIGHT

Product Simplicity as Differentiator

  • GlossGenius differentiates through a powerful but easy-to-use product.
  • Removing complexity enables business owners to manage back office seamlessly.
ADVICE

Entrepreneur Prioritization Advice

  • Entrepreneurs must prioritize and balance diverse responsibilities as company needs evolve.
  • Adapting quickly to changing demands is critical for continued success.
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