Young and bold entrepreneur quickly builds beauty school brand

Young entrepreneur follows through on a critical business practice, in re-investing significantly into her company. It’s already begun to pay off.

By Amanda Postma
| 5:06 p.m. October 15, 2021
| 0 Free Articles Remaining!

Wemple. After earning her esthetician license, Dolly Monroe went on to establish the Dolly Monroe Beauty Academy which is predicted to gross $1 million in revenue in its third year of existence.

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What once began as a studio built for private one-on-one classes, has now manifested into a nationally-accredited esthetic and makeup artistry school on track to surpass a major sales milestone this year. Just as impressive: the school's founder, Dolly Monroe, has become a jobs-creating machine for hundreds of graduates.

The Dolly Monroe Beauty Academy got its start in 2015, originally known as Dolly Monroe Beauty Studios. In its second year, the Tampa-based Black-owned academy posted revenue in the low six figures. By 2020 it had grown to around $350,000 in revenue. For 2021, Dolly Monroe, the 27-year-old founder, projects she will surpass another milestone, with at least $1 million in revenue — up almost 567% since 2019.