Jhalesa Seymour, the founder of Salt.XO, experienced rapid success with her all-natural soaps and feminine hygiene products, achieving over $16 million in sales. Raised by a mother who managed a tight budget, Seymour aims to instill values of budgeting and hard work in her own children, contrasting their lifestyle with her own upbringing. Despite her financial success, she differentiates between company profits and personal wealth, emphasizing the importance of living within her salary and reinvesting in her business and team. Motivation for her entrepreneurial journey stems from her desire for a better life, learned from her mother.
My mom always exposed me to a better way of life. Because of her, I knew the life I wanted to strive for wasn't in that income bracket.
One mistake people make is assuming that a company's sales equal personal wealth. I'm clear about the difference between my company's profits and my net worth.
We're in Florida, and a trip to the amusement parks was a huge deal for me as a kid. But for my son, going to Universal feels like a casual Friday event.
I don't want my sons to have instant gratification. I'm working hard to help him understand budgeting and working for money.
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