Writing a Business Model? Here Are Pro Tips on Knowing Your Worth

Brit Morin

Selfmade, Brit + Co's interactive business course, takes you from business idea to business launch in just 10 weeks with the help of career coaches, successful entrepreneurs, and 1:1 sessions with our very own CEO Brit Morin and Chief Creative Officer Anjelika Temple. Curious about what we learned this week? In collaboration with Office Depot, we're sharing snippets from each week with all y'all. Get ready to get a sneak peek about all things business models and metrics.

Pricing is branding. "Branding is a mindset and your mindset, not the market, determines how much money you make or don't make," says Brit. That means don't underestimate your value: consider how much time you put into your work, the quality of it, your office expenses, all the hard costs and then a good rule of thumb is to double that number to come up with the price of your product or service.

Don't play it safe. "There's this myth that to do something you love means to financially struggle and that's insane," says Anjelika. Creative entrepreneurs often have the misconception that because they are lucky enough to do what they love -- something they would do for free and still love -- that they don't have to think big. Instead, tell yourself, "I am no longer available for playing a small game when I know that I am capable of so much more," says coach Naomi Powell. "Money facilitates us to usher in the change that we want to do."

Get over your money fears. Many of us, women especially, are raised to think conservatively about money: a savings mindset vs. a growth mindset. Coach Emily Merrell says she visits her P&L numbers daily to inform her choices. "It gets me energized and motivates me," she says. Coach Jacqueline Twillie also suggests reading Secrets of Six-Figure Women: Surprising Strategies to Up Your Earnings and Change Your Life by Barbara Stanny to get over any negative mindset about money to price your product for what it's worth.

Break your own glass ceiling. "We often attach our self worth to what we're doing too much and it's not beneficial to entrepreneurs." says coach Tiffany Tolliver. "I am priceless. My services, however, have a minimum and a max based on the industry and that has to do with my experience." Whatever business model you choose — subscription, advertising, commerce etc. — consider what *you* are putting into your product, not just what your competitors or the market is doing. Tell yourself "I'm no longer operating under my potential," adds Naomi.

Keeping track of your ever-changing business model is a full-time job -- from managing incoming and outgoing funds to accounting for unexpected twists and turns (both good and bad!), CFO Is one of the many hats you'll be wearing as you set out on your journey. No matter what challenge you may face on your business journey, Office Depot OfficeMax offer a full suite of business services & solutions to help you succeed. With print & copy services to help build your brand to products to help you work from anywhere & organize & save time, accomplish more with Office Depot OfficeMax by your side.

Head to Office Depot's Selfmade page to check out even more amazing business resources (and discounts!) to help you accomplish more on your entrepreneurial journey. These offers are available for a limited time only, so be sure to take advantage of all this goodness while supplies last.

May is Asian/Pacific American Heritage Month and what better time than right now to highlight some of our favorite AAPI founders. From artists to creators to designers and beyond, these entrepreneurs are charting their own creative paths and bringing fresh ideas to the world, making it a little brighter, a little more colorful, and a better place for all. Check them out and their brands, and prepare to be inspired!

Giselle Go, Cofounder of DAMDAM

The former editor in chief of Harper's Bazaar Singapore (the youngest to hold the title at just 26) turned skincare entrepreneur is Philippine-born and sought to build a clean skincare brand as an ode to the Japanese culture she loved and respected so deeply. Enter DAMDAM, a brand dedicated to preserving ancient Japanese beauty regimens, such as "osoji" and "mochi had," heritage Japanese beauty ingredients like the Shiso Plant and Komenuka Oil, and a team of partners and vendors that collaborate with the brand by creating hand-crafted atelier and preserve Japanese land through regenerative farming practices. The brand is a 5-star best seller on Sephora and one that's hoping to inspire more people to partake in minimalist routines that place an emphasis on mindfulness.

Yanghee Paik, CEO and co-founder of Rael

“I like to call myself an accidental entrepreneur," says Yanghee Paik, a former Hollywood exec who co-founded Rael feminine care products. "I was looking for new inspiration and ways to make a bigger impact on people’s lives when I met my other co-founders.” Together, they saw an opportunity to bring safe and effective technology of Korean feminine care products to the U.S. market. Rael’s first organic cotton pads launched in 2017 and became #1 best-selling pad on Amazon. All Rael period care products are developed without toxins and are hypoallergenic, soft, and breathable. The packaging is also something you don't mind leaving on your countertop.;)

Dev Heyrana, Fine Artist and Hip Hop Dance Teacher

Heyrana's particular brand of creativity is one-of-a-kind. She manages to be warm, welcoming and woke, with a focus on inclusivity, social justice and motherhood that comes through in every piece of art she creates. Born in The Philippines and immigrated to the U.S. when she was 9 years old, her family comes from the island of Cebu. "I'm a proud Cebuana. My childhood in the Philippines felt like freedom. I had my swimsuit in my backpack for whenever we decided to swim and I biked everywhere." But immigrating wasn't easy as a child. "I witnessed racism towards my family and didn't know how to make sense of it," she told us in our Creative Crushin' series."These events left a mark. I was a quiet kid and observed everything and everyone around me. I think about my grandparents, Lolo Jose and Lola Rita, a lot as I walk through life. When I make decisions. As hard as it feels, you have two choices, do you let it take you down or take it one step at a time forward. I kept going and it really shaped me as to why I am the way I am today."

Trisha Okubo, Founder of Maison Miru

Trisha Okubo (pictured center) started out as a Stanford engineer but always had a passion for fashion, sculpture and architecture. She discovered the magic of making jewelry, intersecting form and function, art and science, order and chaos. "It’s wearable sculpture, a thing of beauty that captures your magic: your experiences and memories of the people you love," she says. "Miru in its native Japanese is evocative of sight. It is a reminder to open your eyes, to see the world in a new way." Maison Miru is launching its limited edition jewelry collection today, in collaboration with Heart of Dinner, a non-profit organization that provides hot meals for the most vulnerable Asian elderly community around Manhattan's Chinatown area, in honor of AAPI Heritage Month. The Heart of Dinner System Kit features three styles curated by Heart of Dinner founders Yin Chang and Moonlynn Tsai (pictured left and right). Made to be waterproof, sweatproof, and life-proof, the kit will include the Classic Heart Nap Earrings, Shooting Star Open Hoops, and Classic Arc Ear Cuff. 20% of the proceeds from the kit will be donated to Heart of Dinner.

Lin Chen, Founder of Pink Moon

A Brit + Co Self Care Award winner, Pink Moon is an online shop where you can find eco self-care, wellness, and lifestyle brands, with more than 30 percent of them being founded by women of color. When launching Pink Moon's in-house collection, Lin made the decision to create it as an open love letter for her Chinese heritage with the launch of a gua sha tool and accompanying face oil. Aromatherapy also plays a big role in Pink Moon's self-care in-house collection with original blends in signature candles, body/hair oils and more. 1% of Pink Moon's revenue goes to a nonprofit of your choice with every purchase.

Fiona Co Chan, Founder of Youthforia

Fiona founded Youthforia from the ground up while living in Hong Kong during the pandemic. An econ major who worked in business development for a software startup, she found that frequent travel to China was hard on her skin. She founded Youthforia, a makeup brand made famous on TikTok, uses plant-based ingredients and functions like skincare you can sleep in!

Rachel and Jiyoon Han, Founders of Bean & Bean Coffee

Not only did this mother daughter duo found Bean & Bean, but they're both certified Q graders (or coffee sommeliers)! The brand first got their start in 2008, after Jiyoon's parents immigrated from South Korea and opened the first ever roastery in Queens, NY. They're focused on ethically-sourced product, supply chain transparency, and Female Equity in Coffee.

Farah Jesani, Founder of One Stripe Chai

A daughter of South Asian immigrants, Farah Jesani started her career in NYC's corporate world. I graduated from the University of Georgia with a business degree and moved to NYC to work in the corporate world. She soon realized that the chai options offered at coffee shops didn't really reflect the bold and flavorful chai she grew up drinking. That's when the seeds for One Stripe Chai were planted...Founded in 2015, One Stripe Chai combines rich, spicy masala chai with black tea for an all natural chai concentrate that even the pickiest chai drinkers will love.

Tina Chow Rudolf, Founder of Strange Bird

Rudolf's fascination with beauty and skincare originates from watching generations of mothers before her. Her grandmother would give her mother facials using egg whites, cucumber, ginger and ginseng — all ingredients from their kitchen. Strange Bird (also her husband's nickname for her) is a plant-based and crystal-charged beauty brand that combines ancient Chinese beauty traditions with high vibrational alchemy to help women create a daily practice that supports their skin goals and their life goals. Products include ingredients such as ginger, ginseng and goji berry in organic blends as well as flower and gem essences such as amethyst, rose quartz and crab apple.

Clara Jung, Founder of Banner Day Interiors

Clara left a career in corporate law to start Banner Day Interiors when she realized that legal research and courtroom appearances didn't satisfy her creative desires. Her creative and comfortable style helps her clients transform ordinary rooms into stylish spaces. Originally from Los Angeles, Clara attended Cal and fell in love with the charm of Berkeley (shortly after graduating, she joined the Peace Corps in Nepal teaching English), where she now lives.

Sravya Adusumilli, founder of Mango People

Chemical engineer turned beauty entrepreneur Sravya Adusumilli was inspired by her South Asian roots when creating the plant-based multi-functional makeup brand beloved by TikTok. She struggled to find a brand that was truly clean and inclusive of all skin-tone shades so she began experimenting and researching Ayurvedic rituals and teachings to utilize powerful plants and pigment-rich fruits, flowers, and herbs to heal the body, mind, and spirit. After five years of intensive research and several iterations later, Mango People was born.

Ming Yi and Ching Yeh Chen, Founders Of Pearl River Mart

Pearl River Mart has two events to celebrate AAPI heritage, including "Not Your China Doll: A Retrospective of Anna May Wong's Trailblazing Career," a new exhibition in their Soho location curated by Katie Gee Salisbury and starting 5/1, and their annual Sunset Celebration in conjunction with Lunar Hard Seltzer and Chelsea Market on 5/17.

Jennifer Tsay, Co-Founder & CEO of Shoott

Jennifer Tsay is a SAG-AFTRA actor whose personal experience with "side hustles" led her to launch a company that puts creatives and freelancers first. Shoott seeks to make professional photography more accessible to everyone with "Insta-worthy" 30-minute outdoor photo sessions that are free to book online and allow customers to pay only for photos they love at $15 per photo or less. In spite of the pandemic, demand for bookings grew and the company is now available in 600 locations across 60+ cities nationwide.

Diane Reade, Founder of MO MI

Diane's mother and grandmother raised her with holistic, naturopathic, aromatherapy and encouraged her to seek wellness beauty rituals. Diane says her Asian heritage inspires her creative process when sourcing plant-based ingredients that have been used for centuries. Her personal care brand MO MI is animal- and planet-friendly and incorporates values from Diane's heritage and from time spent living, working and traveling in Europe and Asia.

Eunice and Sabrina Moyle, Founders Hello!Lucky

Eunice and Sabrina are bi-racial Chinese-white sisters who grew up in Asia and Africa. They founded Hello!Lucky in 2003 as a letterpress greeting card studio with a distinctive humor and style inspired by their Asian and Midwestern roots. Since then, Hello!Lucky has grown to become a design and licensing studio with the mission of delivering joy, creativity, and connection through their products, which include greeting cards, best-selling children's books, and home goods. They are committed to supporting the highest good of their customers and promoting self-awareness and social justice. They published Sloth and Smell the Roses, a children's board book on mindfulness and self-compassion and in 2018 published Be the Change: The Future Is In Your Hands, a DIY book for girls and women about using creativity to inspire community and civic action. Sabrina serves as Board President of @mosaicproject, an Oakland-based youth non-profit that provides immersive, experiential learning in building inclusive, equitable, peaceful communities.You can follow along with Eunice and Sabrina @helloluckycards and @helloluckykids.

Joy Cho, Founder and Creative Director of Oh Joy!

LA-based Joy Cho exploded in the world of licensing with home decor, kids, pet, and furniture collections with brands such as Target, Band-Aid, Calpak, Petco, Keds, and more. She has authored six books and consulted for hundreds of creative businesses around the world. For two years in a row, Joy was named one of Time's 30 Most Influential People on the Internet and has the most followed account on Pinterest with over 14 million followers.

Andrea Xu, Co-founder and CEO, Umamicart

Conceived by Andrea Xu to serve as a one-stop-shop for home cooks, Umamicart, an online market, prioritizes Asian American-led businesses, immigrant-led businesses, and the mom-and-pop suppliers and producers behind consumers' favorite heritage brands, as well as the inspiring Asian American founders that are reinterpreting traditional flavors with new and personal products.

Angela Chau Gray + Ervina Wu, Co-Founders of YINA

YINA is a beauty and wellness brand based in California whose mission is to demystify and enliven Chinese Medicine. Co-founded by Dr. Ervina Wu, a licensed in TCM, the brand features products for skincare, wellness and more.

Vicky Tsai, Founder of Tatcha

One of our favorite Teach Me Something New podcast guests, Tsai's personal skincare routine (equal parts skincare + meditation) is as impressive as it is inspiring. Her customers include celebrities like Meghan Markle and Kim Kardashian who are fans of her Japanese skincare products, which are based in ancient Geisha beauty practices. For Vicky, skincare *is* self care, and we all need to take time for ourselves to wash away the day, and start fresh each morning.

Syama Meagher, Co-Founder of Rendall Co.

Syama Meagher originally planned to launch Rendall Co. as a home goods brand featuring aprons but pivoted to premium face masks at the beginning of the pandemic in March 2020. The styles were bestsellers and now the brand finally launched its collection of aprons, which feature durable chambray and denim fabrics and professional quality workmanship. We love our Bistro apron!

Hanna Chiou, Co-Founder of Habbi Habbi

Hanna Chiou grew up in the U.S. speaking her parent's native language Mandarin but not reading it. "It's challenging because Chinese is character-based so most books from Asia are intimidating because there are a sea of characters — and speaking doesn't translate to reading," she told us. Habbi Habbi was her answer to accessibility and ease of learning with a set of language books that kids can tap with the simplicity of a translating wand (our kids love theirs!).

Justine Tiu & Adrian Zhang, Co-Founders of The Woobles

We love this online learning platform for crochet. The brand sells beginner crochet kits that have been designed leveraging UX research and customer feedback to push through initial frustrations of learning a DIY art through remote learning.

Kirstie Wang, Founder of A Jar of Pickles

Kirstie Wang started A Jar of Pickles with $200 as a side hobby business that eventually grew multi-6 figures in revenue while she worked full-time jobs in UX design and marketing. She started it as a hobby Etsy shop in college after teaching herself digital design. She recently took the leap and quit her full-time job to grow A Jar of Pickles, pursuing her passion to share what she's learned by coaching other small business owners. You can enroll in her Selfmade course, Organic Social Media Growth, starting on May 25.

Image via Clar Ngai-Howard/Instagram

Clare Ngai, Founder of BONBONWHIMS

Before Clar Ngai launched BONBONWHIMS, she moved to the U.S. at the age of 19 to study journalism. From there, she's been working in the fashion industry for the past 10 years. Her experience with the digital and influencer aspects of fashion have come in handy because BONBONWHIMS speaks to several generations with its Y2K appeal.

It was during the pandemic that she began creating the bones of BONBONWHIMS to fuel her own passion and raise awareness for BIPOC organizations like Stop AAPI Hate.

Since its creation, BONBONWHIMS has been featured on stars like Megan Thee Stallion and Demi Lovato.

We are also big fans of our Selfmade members, including Christine Tong (above), founder of Christine My Linh, Shannon Huang, founder of The Soul Edit, Justine Pon of The Ponnery, Sruti Bharat of FutureMap, Koyun Fan, co-founder of Sticky Rice Sisters, and Poy T. Granati of Summer Space Studio.

To support the fight against anti-Asian racism, visit Stop AAPI Hate, a national coalition documenting and addressing anti-Asian discrimination.

Brit + Co may at times use affiliate links to promote products by others, but always offers genuine editorial recommendations.

This post has been updated.

A Cinderella Story isn't just a movie — it's honestly a cultural moment. The costume montage, the spastic colons and synchronized swimming, the rain in this drought... even Gavin Degraw singing over the One Tree Hilltrailer on the DVD stand out! Everything about this film is iconically ingrained in our collective conscious, making Hilary Duff and Chad Michael Murray the Y2k blueprint for many of the "It" pairings we know and love today.

We last left our Princeton royalty preparing for their freshman year of college, dreaming of happily-ever-after — or at least graduation — and that was that! But in this era of reboots, I've often wondered what happened to our OG tortured poets after the credits rolled. Luckily, I'm not the only one! Chad Michael Murray just tee'd up a sequel, and yes that's me you hear squealing right now. Here's everything we know about what's to come for everyone's fave modern fairytale!

Is there a part two to a Cinderella story?

Photo via Warner Bros Entertainment Inc

There's Another Cinderella Story, starring Selena Gomez and Drew Seeley, but that's more so a part of a series of "Cinderella stories" rather than an actual sequel. So far, we haven't gotten a follow-up on our Princeton-bound faves.

Has "A Cinderella Story 2" been announced?

There's been no formal announcement yet, but that doesn't mean all hope is lost. During his press tour for Mother of the Bride, Chad Michael Murray told ETthat he's definitely interested in bringing Austin Ames back. He said that even his daughter told him, "You need to make another one of these, Daddy," after she watched A Cinderella Story for the first time.

His response to the idea? "Here you go, Hil. From me to you, let's do it!" — referring to Hilary Duff, of course! The timing couldn't be better either, given that Hilary just gave birth to her fourth child and could hypothetically be available to film in the coming months...just saying!

Again, there's no official information about this project yet, but with a main piece of the puzzle on board, we're one step closer to my own personal happily-ever-after — a real sequel to A Cinderella Story once and for all.

Wanna stay in-the-know about all things pop culture? Follow us on Facebook for more!

Header image via Warner Bros Entertainment Inc.

From running on 3 hours of sleep to constant diaper changes, mamas do so much. We've teamed up with @diapergenieofficial for a special Mother’s Day gift to make things easier for new moms: receive a FREE Diaper Genie Select Pail with square refill technology, plus enough refills to get you off to a great start! The giveaway will consist of one Select Pail + four Jumbo Refills for an associated value of up to $118. Say goodbye to diaper odors in style with this sleek, easy-to-use pail. The winner will also receive a $500 Amazon gift card to shop for all their baby and household needs. Check the deets below!

Enter to win a new Diaper Genie Select Pail and four Jumbo Refills here. Giveaway ends on May 31. One lucky winner will be announced on Wednesday, June 5.

Good luck mamas! #DiaperGenie #MothersDayMagic

Memorial Day weekend is nigh, and in the midst of planning your epic BBQ spread and a slew of themed cocktails, it's also time to start noting the Memorial Day sales you'll be shopping for a much-needed summer refresh. We've got the scoop on savings in just about every category – from beauty to home decor to fashion – so you know exactly when and where to save big.

Scroll on for the Memorial Day sales we're most excited about for 2024, and make sure to come back here for additional sale info!

Dyson V8 Cordless Vacuum

Target

What: Items up to 60% off

When: May 24-27

KitchenAid Artisan Series 5 Quart Tilt Head Stand Mixer

Amazon

What: Deals on everything from home goods to decor

When: Now through Memorial Day

Mila Mirror

Anthropologie Home

What: Savings on home goods

When: May 21-27

Peony Vase Thank You Card Set

Papier

What: 15% off stationery & photo books

When: May 22-29

Sherpa Deluxe Black Guarenteed On Board Soft Sided Dog & Cat Carrier

Petco

What: BOGO 50% off select summer products and 20% off select sherpa carriersWhen: May 24-27

Dallas IV Hat

Hood

What: 25% off sitewide with code USA25

When: May 23-27

CZ Crescent with Stars Necklace

Sterling Forever

What: 20% off sitewide with code SUMMER20

When: May 24-28

Stemless Wine Chiller Pair

VoChill

What: 20% off sitewide

When: May 17-27

The Coated Pan

Material Kitchen

What: 20% off (*promo excludes bundles and collaborations)

When: May 23-27

EOS Classic Organic Mattress

Naturepedic

What: 20% off sitewide with code MEMORIAL20

When: May 15-29

Pierrette Dress

SAYLOR

What: Extra 15% off sale styles with code MDAY24

When: May 27

Sea Green Pleated Tennis Skirt

Gold Hinge

What: 25% off sitewide with code MDAY25

When: May 23-27

Calista FAUXblo Thermal Blowout Brush

Calista

What: 20% off sitewide

When: May 24

CAROL Bike

CAROL Bike

What: Take $200 off sitewide on all CAROL bikes

When: May 24-30

Cartolina Louise Cover-Up

Cartolina

What: 30% off sitewide

When: May 22-28

Carve Designs Zella Mesh Pullover

Carve Designs

What: BOGO red, white, and blue swim; buy 1 swimsuit, get one swimsuit 50% off

When: May 23-27

Essentia Stratami Organic Mattress

Essentia

What: 25% off sitewide, plus receive free GOTS Certified Organic Cotton Sheets with qualifying mattress purchases

When: May 13-31

Harper Wilde Bliss Scoop Bralette

Harper Wilde

What: 20% off sitewide

When: May 24-27

MARLOWE. Soap Bar Discovery Gift Set

MARLOWE.

What: 20% off sitewide

When: May 27

Pura 4 Diffuser

Pura

What: 25% off sitewide through code only (subscriber early access: May 23-27), 25% off sitewide, plus subscribe to the Pura V4 and get a free car set

When: May 21-22

Vacation Classic Whip SPF 30

Vacation

What: 20% off sitewide, plus get a free boat keychain or pen on orders over $65 (while supplies last)

When: May 24-27

Sign up for our newsletter to stay up to date on these Memorial Day sales + all the best deals!

Brit + Co may at times use affiliate links to promote products sold by others, but always offers genuine editorial recommendations.

This post has been updated.

Amazon's adaptation of Casey McQuiston’s famed Red, White & Royal Blueblew our minds with its perfectly extravagant and messy royal romance. Prince Henry and Alex Claremont-Diaz stole our hearts with their antics, proving that love isn't always as cookie cutter as we think it should be. Not only that, but it was the LGBT film we never knew we needed until it hit the big screen last year.

If you've been missing Prince Henry and Alex, you're in luck because a sequel to Red, White & Royal Blue is officially coming! Here's everything we know about the latest developments!

Is the main cast returning?

Image via Jonathan Prime/Prime Video

I'm happy to share that Nicholas Galitzine and Taylor Zakhar Perez are returning! I honestly don't think the Red, White & Royal Blue sequel would be the same if they weren't.

However, no other cast information has been released! Hopefully we'll see Uma Thurman and Clifton Collins, Jr. reprise their roles!

What's the sequel going to be about?

Image via Prime Video

As of yet, Variety reports that not much has been confirmed about the sequel's plot or release date. My guess is that there the two lovebirds will have to juggle new responsibilities and mishaps.

What the original plot of "Red, White & Royal Blue?"

Image via Prime Video

The novel centers around the character of Alex Claremont-Diaz, a first son of the United States, and his romantic relationship with Prince Henry, British royalty.

Take a walk down memory lane with these behind-the-scenes pictures 👀

www.instagram.com

Matthew López on Instagram: "“Yes, this is exactly how I always dreamed it would be. Locked in a cupboard with your elbow inside my rib cage.” #rwrbmovie"

www.instagram.com

Nicholas Galitzine on Instagram: "The bois 📸 @aneeshtheactress"

www.instagram.com

Matthew López on Instagram: "Spent the last two weeks rehearsing with @nicholasgalitzine and @taylorzakharperez It’s been a joy to watch Henry and Alex come to life in the room. Excited to make this movie with them. Here we go! #rwrbmovie @primevideo 📸: (the great Stephen Goldblatt)"

We cannot wait to see what new adventures are two lovebirds will cook up in Red, White & Royal Blue, but for now we’ll be rereading (and rereading) RWRB.

Stay updated on all the latest entertainment new with Brit + Co.

Header image courtesy of Amazon Prime Video.

This post has been updated.