Lakesha says, “our mango preserves were used as an ingredient in the catering aspect for a plethora of our events.” Because the mango preserves were such a big hit, they decided to start selling it separately as a flagship product.Īlthough they didn’t receive a deal on Shark Tank, Lakesha explains that the exposure from the show helped their business grow immensely. Simply Panache’s business that was featured on Shark Tank evolved out of their event planning company. However, within a few years, they had an idea for an additional business.
She always had an eye for business opportunities, and Lakesha, Nzinga, and Tanecia first launched their event planning firm, Simply Panache, in 2001. I had a hair bow business and I started a teen membership club called the Queen of Hearts, in which my friends and I planned outings and community activities,” Lakesha explains. From childhood, I was the child with the lemonade stand. “I have always had an entrepreneurial spirit and mindset. Lakesha had the entrepreneurial mindset since she was a little girl. Though it wasn’t an easy task, Lakesha was able to launch several successful companies with her two business partners, Nzinga Teule-Hekima and Tanecia Willis, while also balancing her time as a mother and military wife. However, devoting time to a startup can seem even more daunting as a military spouse dealing with a PCS move or deployments. Starting a company and running a successful business is a challenging feat for anybody. Lakesha Brown-Renfro, one of the founders of Simply Panache, is the wife of Leron Renfro, a sailor who recently retired after 20 years of service. This company is a perfect example of small business owners believing in their vision and running with it.
If you’re a fan of the television show Shark Tank, you may have even seen them present their mango preserves to the sharks. Simply Panache is a national event-planning firm based out of Hampton, Virginia, run by three women. And as late as last month, Lakesha Brown-Renfro’s mango inspired business grew again. In fact, one Hampton, Virginia-based company saw tremendous growth and expansion after leaving the hit show with no deal. Not all entrepreneurs need to secure a deal on Shark Tank in order to experience immense success.
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