To say that Mariah Carey wears a lot of hats is an understatement. She鈥檚 a mommy, a co-parent, a musician, and a performer. She鈥檚 also a businesswoman, and lest you forget, she鈥檚 said to be embarking on a whole new entrepreneurial venture by launching her own beauty company.

According to Page Six, Carey and her manager, Stella Bulochnikov, are planning to take Beverly Hills by storm with a brick-and-mortar store which they plan to fill with 鈥渢heir own products of makeup, skincare, and fragrances.鈥 If all goes according to plan, you鈥檒l be able to shop the singer鈥檚 wares as soon as this Christmas. 鈥淭hey鈥 have been secretly looking at a number of retail spaces with a plan to unveil it this holiday season or next year by latest,鈥 a source told the publication.

It certainly wouldn鈥檛 be the 47-year-old鈥檚 first foray into the industry: You may recall her line of fragrances with collectible butterfly-shaped bottles for Elizabeth Arden that were big in the aughts. There was also her holiday collab with MAC last year, chock full of sparkles and champagne hues.

Glam Squad. #1toinfinity #glam 馃拋馃拫 http://bit.ly/1RCoCMy

A post shared by Mariah Carey (@mariahcarey) on

Now, she鈥檚 ready to go it alone (with a little help from Bulochnikov, of course), despite the fierce competition she鈥檚 sure to face, with celebs such as Kat Von D, Ashley Tisdale, Josie Maran, Drew Barrymore, and of course, Miss Kylie Jenner, already on the scene.

We鈥檙e not too worried for our gal, however: Given Mimi鈥檚 renowned penchant for perfection and her n鈥檈r-a-hair-out-of-place appearance, we鈥檝e got a sneaking suspicion that this just might be her (second) calling.

You know her 鈥渓ambs鈥 will be on board (us included)!

Would you shop Mimi鈥檚 beauty line? Tell us over @BritandCo.

(h/t InStyle; Photos via Frazer Harrison + Pascal le Segretain/Getty)