Recognized for fusing eye-catching gemstones with elevated layout, Kendra Scott jewellery is a scarce brand that manages to appear extremely substantial-end even though remaining very affordable. In this episode of Glamour’s Millionaire Moves online video series, we sit down with CEO Kendra Scott as she breaks down some of the large investments that assisted her create her enterprise. Inside the span of two a long time, Scott has created a billion-dollar jewellery empire with a $500 investment decision and some critical hustle.
Scott has an fascinating origin story: At first, she set out to structure and sell hats as an homage to her late stepfather but promptly understood it wasn’t a sustainable enterprise for her. She pivoted to producing her personal jewelry, a passion, and Kendra Scott the model was born.
In the online video the designer discusses the issues she faced to construct cash as a new smaller-business owner and how she wanted an individual to vouch for her to obtain her initially line of credit. From there she slowly but surely constructed her enterprise while raising two youthful sons and leaned on a growing help procedure of moms just like her, who have been pushing earlier dread to create a little something greater than them selves.
Scott stands out mainly because of her tenacity and how she navigated motherhood and entrepreneurship though balancing the anxiety, challenges, and successes. She blended these things with her enjoy of serving to others, which led her to open up a small business school at the University of Texas, the Kendra Scott Women’s Entrepreneurial Leadership Institute. Now the designer is supporting other girls start off and establish their individual empires. Check out the full interview underneath to see Scott’s largest expenditure moves.