#99 Advice I Wish Someone Gave Me When I Was Broke | Kendra Scott
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This episode is titled:
#99 Advice I Wish Someone Gave Me When I Was Broke | Kendra Scott
Notable Quotes
"I get excited when someone tells me you can't do something."
"The way you do anything is the way you do everything."
"Sometimes we try to build the roadmap before we know the destination."
"If you're doing what everybody else is doing, you've already failed."
"Your unique story, all the struggles, the triumphs have led you to where you are."
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Get More InsightsEpisode Summary
In this episode, Kendra Scott, a renowned jewelry designer and CEO, shares her inspiring entrepreneurial journey, showcasing her transition from a bootstrap startup with just $500 to a successful billion-dollar brand. Kendra reflects on the numerous challenges she faced, including overcoming naysayers and financing obstacles. Despite being underestimated due to her lack of a college degree and her humble beginnings, she persisted in pursuing her passion for jewelry design.
Kendra recounts her initial steps, noting how she crafted her first jewelry pieces at home, sold samples in local boutiques, and reinvested every dollar back into her business. Her scrappy startup mindset drove her to operate with a clear focus on maximizing returns from every investment, and she emphasizes the importance of maintaining that mindset even as her business grew. Throughout the conversation, Kendra encourages listeners to find their unique purpose and passion, suggesting that they look for solutions to problems that resonate with them personally.
The discussion also covers her experiences on Shark Tank, where she finds immense joy in mentoring emerging entrepreneurs and supporting family businesses. Kendra elaborates on the importance of creating connections rather than focusing solely on transactions in her retail stores. She highlights the significance of community outreach, connection, and the drive to innovate in order to maintain the relevance of her brand.
Finally, Kendra addresses the misconceptions surrounding women in business and the challenges single parents face, offering practical advice for aspiring entrepreneurs. She concludes by sharing her excitement for her new boot line and collaborations, proving that authenticity and a drive to improve can lead to extraordinary success.
Kendra recounts her initial steps, noting how she crafted her first jewelry pieces at home, sold samples in local boutiques, and reinvested every dollar back into her business. Her scrappy startup mindset drove her to operate with a clear focus on maximizing returns from every investment, and she emphasizes the importance of maintaining that mindset even as her business grew. Throughout the conversation, Kendra encourages listeners to find their unique purpose and passion, suggesting that they look for solutions to problems that resonate with them personally.
The discussion also covers her experiences on Shark Tank, where she finds immense joy in mentoring emerging entrepreneurs and supporting family businesses. Kendra elaborates on the importance of creating connections rather than focusing solely on transactions in her retail stores. She highlights the significance of community outreach, connection, and the drive to innovate in order to maintain the relevance of her brand.
Finally, Kendra addresses the misconceptions surrounding women in business and the challenges single parents face, offering practical advice for aspiring entrepreneurs. She concludes by sharing her excitement for her new boot line and collaborations, proving that authenticity and a drive to improve can lead to extraordinary success.
Key Takeaways
- Resilience and grit are essential in entrepreneurship.
- Build connections with customers rather than focusing solely on transactions.
- Your unique story and authenticity can set you apart in business.
- Community support can play a critical role in a brand's success.
- Creativity can often outweigh financial resources in launching and growing a business.
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