The Lip Bar

27 statements across 2 episodes · 13 bullish · 1 bearish · 2 people on the record · first statement Nov 23, 2020 by Melissa Butler · said 48 times in 6 episodes since 2020 · across every show →

Mentions by year

brought up most by Guy Raz (27), Melissa Butler (20)

tap a year for its mentions
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01220202021202220232024episodes it came up in
0010120220202021202220232024episodesmentions per episode
2024 1 mention in 1 episode
2023 18 mentions in 1 episode
2021 2 mentions in 2 episodes 1 per episode
2020 27 mentions in 2 episodes 14 per episode

every mention, scene by scene, with the transcript →

Everything said about The Lip Bar, oldest first

Nov 23, 2020 positive
Assertion Not checkable as stated
Butler: The Lip Bar had Target's top-selling lipstick in month one
“We had like the number one selling lipstick for the first month of our launch with no marketing budget, and Target was like, whoa, we weren't expecting this of this brand, and so we grew very quickly.”
Melissa Butler Nov 23, 2020 ▶ 1:06:26 The Lip Bar: Melissa Butler
Nov 23, 2020
Insight
Butler: Small cosmetics brands outpace legacy giants by changing faster
“So I'm explaining to them that, that the industry is changing, and that the bigger companies are slow to change, and we're this smaller company, and we're fast to change, and that's our strength.”
Melissa Butler Nov 23, 2020 ▶ 56:57 The Lip Bar: Melissa Butler
Nov 23, 2020 neutral
Assertion Not checkable as stated
Butler: The Lip Bar cost roughly $30,000 to start
“So I think buying the units, and then actually getting them to my Brooklyn apartment may have cost me 13,000 dollars. And then on top of that, I have to buy all the ingredients. I'm planning a launch party. I have to have pictures taken. So the startup cost fo…”
Melissa Butler Nov 23, 2020 ▶ 38:17 The Lip Bar: Melissa Butler
Nov 23, 2020 bullish
Prediction Open · timeframe Nov 2023
Butler predicts The Lip Bar will reach $25 million in annual sales
“Oh yeah, totally. We'll, we'll get there. No, no doubt about that.”
Melissa Butler Nov 23, 2020 ▶ 1:16:16 The Lip Bar: Melissa Butler
Nov 23, 2020
Assertion Not checkable as stated
Butler: The Lip Bar grew sales from $26,000 to around $56,000 in year two
“You know, if the first year we made 26,000, then I think the next year we may have made, like, 56,000, which is great.”
Melissa Butler Nov 23, 2020 ▶ 44:11 The Lip Bar: Melissa Butler
Nov 23, 2020 positive
Opinion
Butler: Mobilizing Delta Sigma Theta network was key driver of Lip Bar's growth
“So by leaning on them and making sure that they were super aware of what I was doing, I was also baking in a business model, essentially. And I think that's part of the reason why the Lit Bar has been able to grow, because It's just been this strong community …”
Melissa Butler Nov 23, 2020 ▶ 54:29 The Lip Bar: Melissa Butler
Nov 23, 2020 bullish
Assertion Not checkable as stated
Butler: The Lip Bar grew 80% in 2020 despite pandemic disruptions
“So throughout this pandemic, even though it is uncertain still we've been able to grow the business 80% this year.”
Melissa Butler Nov 23, 2020 ▶ 1:13:16 The Lip Bar: Melissa Butler
Nov 23, 2020
Insight
Butler: Retailers will not sell your product for you
“So the thing about launching in a retailer is it's not their job to sell your product. It's your job to sell your product.”
Melissa Butler Nov 23, 2020 ▶ 1:04:19 The Lip Bar: Melissa Butler
Nov 23, 2020 positive
Assertion Not checkable as stated
Butler: The Lip Bar grew 5x after returning to Detroit
“Like the lip bar has grown since we've come back. Like we five X the business since I've moved back. To Detroit.”
Melissa Butler Nov 23, 2020 ▶ 1:10:48 The Lip Bar: Melissa Butler
Nov 23, 2020 positive
Disclosure
Butler: The Lip Bar was founded to make Black women the default
“Yeah, I think the goal was to create a brand where black women could be the default. So, we create products, like you said, for every single skin tone. Like, it literally doesn't matter what complexion you are, we have something for you, but when we first laun…”
Melissa Butler Nov 23, 2020 ▶ 34:39 The Lip Bar: Melissa Butler
Nov 23, 2020 positive
Disclosure
Butler: Returned to Detroit to ensure Black inclusion in city's resurgence
“I knew that New York didn't need me and that I could do a lot more in my hometown. You know, I never thought that Detroit really Deserved the bad reputation that it had gotten, and I wanted to be a part of, like, this new thing, and to meet the movers and shak…”
Melissa Butler Nov 23, 2020 ▶ 47:10 The Lip Bar: Melissa Butler
Nov 23, 2020 neutral
Assertion Not checkable as stated
Butler: The Lip Bar launched with an unpaid six-person team
“Roscoe, who's our creative director, she moved to New York, like, she moved to New York three weeks before we launched, and, you know, some of my other friends in finance, I'm like, can you do our sales, can you do our branding, can you do, like, I had a team …”
Melissa Butler Nov 23, 2020 ▶ 38:55 The Lip Bar: Melissa Butler
Nov 23, 2020
Assertion Not checkable as stated
Butler: A supplier's question about pigments sparked the pivot to lipstick
“And he's like, wait, slow down, do you want lip gloss pigments or do you want soap pigments? And I was like lipstick. I knew nothing about lipstick, but I couldn't believe that I could buy lipstick pigments and that was it for me.”
Melissa Butler Nov 23, 2020 ▶ 22:07 The Lip Bar: Melissa Butler
Nov 23, 2020
Insight
Butler: Small beauty brands sell because marketing spend beats creativity at scale
“And what you see within the beauty space is, like, typically small businesses end up selling because there's a constant need for money and to out-compete these bigger brands. And the reality is, like, I can't out-market Maybelline in dollars. You know, I can b…”
Melissa Butler Nov 23, 2020 ▶ 1:17:18 The Lip Bar: Melissa Butler
Nov 23, 2020
Insight
Butler: Keeping founders hidden hurts modern consumer brands seeking transparency
“And so over time, I did realize that that was It's hurting the company with me not being at the forefront, because today, people are looking for brands that are going to be more transparent, and they want to know who's behind the business.”
Melissa Butler Nov 23, 2020 ▶ 1:00:04 The Lip Bar: Melissa Butler
Jul 3, 2023
Insight
Retailers will not sell your product; founders must drive their own sales
“So the thing about launching in a retailer is it's not their job to sell your product. It's your job to sell your product.”
Melissa Butler Jul 3, 2023 ▶ 57:54 The Lip Bar (TLB): Melissa Butler (2020)
Jul 3, 2023 positive
Disclosure
The Lip Bar was designed with Black women as the default consumer
“I think the goal was to create a brand where black women could be the default brand. So we create products, like you said, for every single skin tone. But when we first launched in 2012, I was just like, I don't want black and brown women to feel like they hav…”
Melissa Butler Jul 3, 2023 ▶ 33:47 The Lip Bar (TLB): Melissa Butler (2020)
Jul 3, 2023 positive
Insight
First-time founders uniquely benefit from a naive belief that everything will work
“I think one of the like magical things about being a first time founder, especially in an industry that you don't know anything about, you're completely naive and you think that everything is going to work.”
Melissa Butler Jul 3, 2023 ▶ 39:18 The Lip Bar (TLB): Melissa Butler (2020)
Jul 3, 2023 positive
Assertion Supported
Michelle Obama famously wore The Lip Bar's bestselling red lipstick
“Like, Michelle Obama just wore our red, which is our bestseller in the whole company.”
Melissa Butler Jul 3, 2023 ▶ 1:07:47 The Lip Bar (TLB): Melissa Butler (2020)
Jul 3, 2023 bearish
Opinion
Kevin O'Leary claimed major beauty brands would crush indie competitors like cockroaches
“And they would crush you like the colorful cockroaches you are. You only have so many minutes on earth, don't waste them trying to sell lipstick.”
Kevin O'Leary Jul 3, 2023 ▶ 51:47 The Lip Bar (TLB): Melissa Butler (2020)
Jul 3, 2023 bullish
Assertion Not checkable as stated
A Shark Tank appearance drove 40,000 hits in minutes, crashing the website
“Oh, our website crashed that night. I want to say we had, like, 40,000 hits to the website within just a couple of minutes.”
Melissa Butler Jul 3, 2023 ▶ 54:19 The Lip Bar (TLB): Melissa Butler (2020)
Jul 3, 2023
Insight
Consumers should buy Black-owned products for quality, not out of charitable obligation
“And that's the thing, like we don't, as a black business owner, I don't want you to support my business. I want you to shop my product because you think that this is great. Exactly. Because we make it easy for you to understand what products work for your comp…”
Melissa Butler Jul 3, 2023 ▶ 1:06:43 The Lip Bar (TLB): Melissa Butler (2020)
Jul 3, 2023
Assertion Not checkable as stated
The Lip Bar officially launched with approximately $30,000 in startup costs
“So the startup cost for the business was probably around 30,000 dollars.”
Melissa Butler Jul 3, 2023 ▶ 36:53 The Lip Bar (TLB): Melissa Butler (2020)
Jul 3, 2023 positive
Assertion Not checkable as stated
The Lip Bar had Target's top-selling lipstick at launch with zero marketing
“And we had like the number one selling lipstick For the first month of our launch with no marketing budget, and Target was like, whoa, we weren't expecting this of this brand, and so we grew very quickly.”
Melissa Butler Jul 3, 2023 ▶ 59:31 The Lip Bar (TLB): Melissa Butler (2020)
Jul 3, 2023
Disclosure
The founder of successful cosmetics brand The Lip Bar cannot apply makeup
“Yes, I'm a beauty founder, but no, I don't know how to do makeup.”
Melissa Butler Jul 3, 2023 ▶ 1:10:52 The Lip Bar (TLB): Melissa Butler (2020)
Jul 3, 2023 neutral
Assertion Not checkable as stated
The Lip Bar generated approximately $26,000 in revenue during its first year
“Our first year in business, we launched in 2012. I think we made 26,000 dollars, right?”
Melissa Butler Jul 3, 2023 ▶ 39:36 The Lip Bar (TLB): Melissa Butler (2020)
Jul 3, 2023 positive
Assertion Not checkable as stated
The Lip Bar grew five-fold after Melissa Butler moved operations to Detroit
“Like, the lip bar has grown, Since we've come back, like, we five-x'd the business since I've moved back to Detroit.”
Melissa Butler Jul 3, 2023 ▶ 1:03:31 The Lip Bar (TLB): Melissa Butler (2020)
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