You have to check out this video! Jim Markham, founder of ColorProof Evolved Hair Care made an appearance on the Fox Business segment, American Success and his story is truly remarkable!
Jim and ColorProof were featured on Charles Payne’s show: Making Money with Charles Payne, where they saluted the savvy business man who pulled himself out of poverty to create a multi-million-dollar hair-care products empire.
Jim has founded a plethora of successful hair care companies including: Markham Products, ABBA Pure & Natural, and Pureology – which he sold to L’Oreal in 2007. 2007 was a huge year for Jim, as that year he was also inducted into the NAHA Hall of Leaders and was the recipient of the Ernst & Young Consumer Products Entrepreneur of the Year!
After selling Pureology, Jim was hoping to retire, but that thought didn’t last long. He knew that as opportunities presented themselves that he could not simply turn away. “I occasionally considered retiring, but my love of beauty kept bringing me back,” explains Markham.
Jim created ColorProof, a line of professional luxury products designed exclusively for color-treated hair with formulas that combine the latest innovations in technology with best-in-class ingredients. According to Markham, ColorProof is projected to be a $100 million company in six years. Currently they are on track to do $14 million in revenues this year alone.
But things weren’t always so simple for the entrepreneur, Markham was born into poverty to a single mother and by age 15, he was already married and expecting his first child, so he dropped out of high school to get a job to support his young family.
He took a job as a barber, to sustain himself and his family, and ultimately we are all glad that he did. As they say, everything happens for a reason… and he soon realized he was actually great at it. Markham was so talented, in fact, that he was entering multiple hair competitions and winning them.
One day he came across an article about Jay Sebring – stylist to the hottest stars in Hollywood and also a founder of his own hair care empire, Jay instantly became Jim’s idol. Jim couldn’t get over the idea that someone could be so successful doing hair, and was determined to obtain Sebring’s secrets. Feeling like this was his destiny and there was no other way, he borrowed $1,000 and traveled to Hollywood to meet Sebring. A short three years later, he became president of Sebring’s company and was a huge sought-after celebrity stylist himself, and the rest is history!