{"id":35402,"date":"2025-10-16T07:01:24","date_gmt":"2025-10-16T07:01:24","guid":{"rendered":"https:\/\/agooka.com\/news\/usa\/selena-gomez-shares-a-piece-of-business-advice-from-taylor-swift-that-helps-her-run-her-billion-dollar-beauty-brand\/"},"modified":"2025-10-16T07:01:24","modified_gmt":"2025-10-16T07:01:24","slug":"selena-gomez-shares-a-piece-of-business-advice-from-taylor-swift-that-helps-her-run-her-billion-dollar-beauty-brand","status":"publish","type":"post","link":"https:\/\/agooka.com\/news\/usa\/selena-gomez-shares-a-piece-of-business-advice-from-taylor-swift-that-helps-her-run-her-billion-dollar-beauty-brand\/","title":{"rendered":"Selena Gomez shares a piece of business advice from Taylor Swift that helps her run her billion-dollar beauty brand"},"content":{"rendered":"<figure><img decoding=\"async\" src=\"https:\/\/i.insider.com\/68f060fccc993f9955d04b57?format=jpeg\" alt=\"Selena Gomez and Taylor Swift.\"\/><figcaption>Selena Gomez and Taylor Swift.<\/p>\n<p>John Shearer\/Getty Images for MTV<\/p>\n<\/figcaption><\/figure>\n<ul>\n<li>Selena Gomez says Taylor Swift once gave her advice that still shapes how she runs Rare Beauty.<\/li>\n<li>&quot;She said: &#039;If you&#039;re the smartest person in the room, you&#039;re in the wrong room,&#039;&quot; Gomez said.<\/li>\n<li>Gomez and Swift are part of an exclusive circle of musicians who&#039;ve reached billionaire status.<\/li>\n<\/ul>\n<p>When Selena Gomez launched Rare Beauty, she drew on a piece of advice from one billionaire friend \u2014 Taylor Swift.<\/p>\n<p>Speaking at the Fortune Most Powerful Women Summit on Wednesday, Gomez opened up about her friendship with the pop star and how Swift&#039;s words have shaped her management style.<\/p>\n<p>&quot;She&#039;s one of the most brilliant people I&#039;ve ever met. She is very strong in her lane, and she gives great advice all the time,&quot; Gomez said.<\/p>\n<p>&quot;I&#039;m not sure what I would say I&#039;ve done for her other than been there as a friend, but one thing stuck out to me, and I&#039;ll always remember it. She said: &#039;If you&#039;re the smartest person in the room, you&#039;re in the wrong room,&#039;&quot; Gomez said.<\/p>\n<p>The Rare Beauty founder added that&#039;s why she surrounds herself &quot;with really incredible people&quot; who believe in her and understand the company&#039;s mission.<\/p>\n<p>&quot;There&#039;s no dumb question. You have to learn and not be afraid of all the things that you might lose out on,&quot; Gomez said.<\/p>\n<p>When she first founded her beauty brand, Gomez said she didn&#039;t think that most people in the industry took her seriously.<\/p>\n<p>&quot;I think a lot of people would have preconceived ideas of what I&#039;m good at, and I should stay in my lane, and I should do what I&#039;m here to do,&quot; Gomez said. &quot;But what I&#039;m here to do is make a difference, so I am going to keep doing it.&quot;<\/p>\n<p>Bloomberg reported in September 2024 that Gomez&#039;s net worth had crossed $1 billion, driven mostly by Rare Beauty&#039;s success.<\/p>\n<p>She&#039;s one of just five living musicians in the billionaire club, alongside Jay-Z, Bruce Springsteen, Rihanna, and, of course, Swift, Business Insider reported last year. As of October, Forbes estimates Swift&#039;s net worth to be $1.6 billion.<\/p>\n<p>Gomez and Swift&#039;s friendship has been well documented over the years. The pair first crossed paths while they were each dating a Jonas Brother in their teens.<\/p>\n<p>&quot;She and I like to say the best thing we got out of those relationships was each other,&quot; Gomez said of Swift during an August appearance on the &quot;Therapuss with Jake Shane&quot; podcast.<\/p>\n<p>Representatives for Gomez and Swift did not immediately respond to requests for comment sent by Business Insider outside regular hours.<\/p>\n<p>Read the original article on Business Insider<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Selena Gomez and Taylor Swift. John Shearer\/Getty Images for MTV Selena Gomez says Taylor Swift once gave her advice that still shapes how she runs Rare Beauty. &quot;She said: &#039;If you&#039;re the smartest person in the room, you&#039;re in the wrong room,&#039;&quot; Gomez said. Gomez and Swift are part of an exclusive circle of musicians [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":35403,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":{"0":"post-35402","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-usa"},"_links":{"self":[{"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/posts\/35402","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/comments?post=35402"}],"version-history":[{"count":0,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/posts\/35402\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/media\/35403"}],"wp:attachment":[{"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/media?parent=35402"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/categories?post=35402"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/tags?post=35402"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}