Mfg Hair Product Seeking Seed Investors
by Sophia Downs
(Saint Louis, MO)
Be a part of an already billion dollar industry and growing!
I created an idea and am looking for a company to present it to. I am not in the hair business, except for being consumer.
I have watched Youtube videos of African American women using this Bond glue on their hair and it was all over their fingers, towels and clothes. I saw some women using hot glue guns to glue in their weave. We are told to wear a cap before you glue in the weave (even if you get it done at the salon) to protect your hair. But when the time comes to take your cap off, you find that the glue stuck to your hair. Now, you have to do a lot of work in trying to get this glue off your hair maybe even use glue remover. And in doing so, you might rip out your hair and over time of using the glue, your hair breaks off. I have experienced this myself, as well, and just stopped altogether getting a "quick weave" to which so many women prefer to have done to their hair.
Another thing is that consumers are wanting to have beautiful extensions but don't necessarily have the money to get it professionally done like a sew-in. That is why they would do the "quick weave".
So, I came up with an idea that solves both problems. I have spoken with several cosmetologists who have told me that they would use my product if it ever came out. So, therein laid my problem: Who do I talk to about this venture to get this started.
According to Newsobserver.com "the global supply chain for human hair, a market that is growing at an astonishing rate of 40 percent annually. Great Lengths Hair Extensions, one of the largest human hair vendors in the industry, reports 70 percent growth over the past five years. According to a report by the Professional Beauty Association, the past two years have seen a 28.5 percent increase in the number of U.S. salons that offer hair extensions."
This is a billion dollar industry. Even Chris Rock did a documentary about it, because it is booming!
So far, as of now, since October 20, 2013, I have had four legitimate manufacturing companies from China contact me about my idea. However, I do not have an Investor. In exchange, I am proposing 20% equity. Thank you.