National Post - Financial Post Magazine

SAHAR SAIDI

Founder & CEO LUS BRANDS

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BIO: Sahar Saidi has never been one to shy away from a promising venture. In 2017, she founded LUS (“Love Ur Self”) Brands, a Toronto-based direct-toconsumer ecommerce brand devoted to creating innovative products that help consumers embrace and love their own natural features, starting with their hair. Her proprietar­y formulas for consumers with curly hair with a direct-to-consumer sales strategy and proven early stage quantifiab­le success drew the attention of high-profile backers such as Y Combinator, Comcast Ventures, Sound Ventures (co-founded by Ashton Kutcher) and others. Since 2017, the company has grown close to 3,000 per cent and she continues to drive for aggressive year-overyear growth as it enters its fifth year of business. Since her teens, Sahar displayed a strong work ethic and an entreprene­urial spirit that has led to multiple successes throughout her life. Her first full-time job at 18 was with Ontario Energy Savings Corp., a commission-only job selling energy contracts doorto-door. During first year at university, she continued with her sales job on the side. She left school after completing that first year to pursue a full-time career in sales (and earning a six-figure income in a strict commission-based environmen­t), and by the age of 23, became a Regional Manager and later Vicepresid­ent of Sales at Truestar Health.

Looking for a change in lifestyle, Sahar then decided to move to the Turks & Caicos Islands, where she worked in marketing and business developmen­t for a private jet terminal. From that point she transition­ed to independen­t consulting in marketing and business developmen­t for SMES in a variety of industries, from travel and food and beverage, to telecom and entertainm­ent. She returned to university in her 30s to complete the Global Executive MBA program at Rotman School of Management (University of Toronto). Even with a dual MBA degree, her non-traditiona­l and non-linear career path stood in the way of landing the type of executive role she desired in convention­al and larger organizati­ons. True to form, she took matters into her own hands by establishi­ng LUS, which she is now in the process of expanding to markets beyond North America. LUS Brands was ranked as one of Canada’s fastestgro­wing companies in 2020 in the startup category by Maclean’s and Canadian Business Magazine.

BEST/MOST-VALUED CAREER LESSON IN THE PAST YEAR: Having open and transparen­t communicat­ion with your team is critical, especially during tough times (like 2020 was). I have always believed in honesty and transparen­cy; I share A LOT with my team. Being able to share both good and bad news openly with everyone has allowed us to build a more cohesive culture at LUS.

BEST CAREER ADVICE: Hire slow, fire fast. Especially when you have a small team, adding a bad apple to the bunch really messes up culture.

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