Crossing Borders With Nathan Lustig

Maribel Dominguez, Círculo de Belleza: Building a vertical marketplace to supply the professional beauty industry, Ep 150

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Synopsis

Maribel Dominguez, Círculo de Belleza: Building a vertical marketplace to supply the professional beauty industry, Ep 150 After graduating from university in the US in 2009 at the height of the financial crisis, Maribel Dominguez decided to move back to her native Mexico until the economy got better. While she was home, Maribel and her dad came up with a business idea. They identified a problem that affects many industries: excess inventory. Together, they decided to found a company that helped corporations sell company’s surplus stock and landed star clients like L’Oreal and United Colors of Benetton.   That company she founded with her dad in 2009 would set the foundation for the eleven-year journey that would lead to Maribel founding Círculo de Belleza, a specialized B2B marketplace that supplies beauty salons and independent hairstylists.    I sat down with Maribel to talk about why the distribution system in the professional beauty market is broken and the enormous opportunity it presents in an industr