Revenues surpassed $100 million in 2016, up 10-fold from two years earlier, according to Forbes. S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. March 21, 2017. Patty McCord is quite the inspiration. They hope to make eco-friendly reusable beautiful bottles the norm for families around the globe. So, up until now its really been word-of-mouth. Now I realise there are so many formal and informal networks and opportunities for entrepreneurs to learn from each other. Sarah Krauss. UNICEF Wont Stop until every child can survive and thrive. She's since appeared in 2019's. Gross: What has been the biggest challenge and, on the flip side, the biggest reward of starting Swell? Other acts set to play the music fest, set for May 5-7, include a mix of familiar names and up . Protecting Children's Rights in a Digital World, Why UNICEF is the Best Charity to Donate to. Now, four years later, her bottles have become a fashion must-have and can be found everywhere from J. It not only helps me be more aware of whats working but also understand where we need to make changes. Can you tell us a bit about why and how you started Swell? In the beginning, I would say, I started a water bottle company. But now I just say, I created Swell. She is also the mother of two teenagers. What was your career path? Connect with Sarah Kauss: Twitter / Instagram. On a hike in Tucson with her mom, she got an idea for a business while swigging warm water from a metal thermos: Why not design a water bottle that kept cold things cold and hot things hot, but was also beautiful to look at? S'well founder says 'yes', https://en.wikipedia.org/w/index.php?title=Sarah_Kauss&oldid=1108643719, This page was last edited on 5 September 2022, at 14:51. Hurricane Dennis had already come and gone on July 11, 2005, when a passing ship . With that realization, I quit my job in international real estate and set out on an entrepreneurial journey to bring Swell to life in 2010. [11] In 2009, Kauss was inspired to create a more upscale and fashionable reusable water bottle, while hiking in Arizona with her mother. On a hike in Tucson with her mom, she got an idea for a business while swigging warm water from a metal thermos: Why not design a water bottle that kept cold things cold and hot things hot, but was also beautiful to look at? Anyone who knows me knows that journaling is an important daily ritual. What follows is an edited transcript of our conversation. An unwavering commitment to the familys founding values. In 1978, we moved to the area and needed a family physician. This is important to me and my team, and I believe important to our customers. By 2019, Swell will have contributed $800,000 to help build infrastructure necessary to create and maintain clean water systems, as well as educational programs to support behavioral change tied to water and sanitation. Sarah Irene Krauss August 11, 1952 - December 2, 2022 Obituary Anyone who knows me knows that journaling is an important daily ritual. (800) 367-5437 | 125 Maiden Lane, New York, NY 10038. Office Address 1265 Viscaya Parkway, Cape Coral, FL 33990. Were launching new collections, collaborations and forms this year, plus expanding beyond the 65 countries were in to reach new regions and opportunities. I was trying to understand, as a junior accountant, how I could become one of my clients., In the early days, I wasnt confident enough to ask mentors for help. Have you noticed a change in the way women are perceived in business? Sarah talks to us about why the water crisis is important to her and how Swell is working with UNICEF USA to help bring clean water to vulnerable communities. Looking back on the journey of my business, there are so many people who have helped me along the way. But as I climbed the corporate ladder, my bottle wasnt keeping up with my professional (or personal) style. on Facebook: http://cnb.cx/LikeCNBCMakeIt Find CNBC Make It. Hello Select your address All. We cater lunch, throw happy hours and always have clients coming in and out, which creates a high-energy, fun environment to catch up with everyone and carry you into the weekend. Powered and implemented by Interactive Data Managed Solutions. Gross: You own 100% of Swell and never took funding. Kristina Nieskens & Sarah Krauss) E. Robyn Adele Anderson feat. The WIRED conversation illuminates how technology is changing every aspect of our livesfrom culture to business, science to design. This means less education, less independence and less opportunity to reach their full potential. In this case Sarah Krauss, founder of S'well bottles. Kauss owns 100% of Swell and has never taken venture capital funding because she wanted to stay true to Swells mission to rid the world of plastic bottles and her vision for her company. I wanted to wait for everything to be perfect before I brought the idea of Swell out in the world. Investing most of my life savings and 100% of my energy on designing a water bottle with a purpose was a huge gamble that paid off. Elana Lyn Gross: What inspired you to start Swell? On that trip, I realized that there was a need for a bottle that was not only functional but also fashionable and that I could be the one to bring it to market. Once I head home, Ill finish up emails and make my journal entry for the day. Now Swell products are sold inmore than 75 countries online and at high-end retailers. Like, my grandfather passed away last yearhe was a really amazing businessmanand he just never understood Swell. Women will ask me whether they should keep working while building their company or quit and go all in on their idea. And its not even like Im doing this on purpose, she just happens to be a woman. on Twitter: http://cnb.cx/FollowCNBCMakeIt Find CNBC Make It. Right now, if Im not traveling, youll find me in the office going from meeting to meeting to meeting. Find your friends on Facebook. How did you decide not to raise venture capital money? Get a little closer to the line, and youll realise youre OK, so the next day you get a little closer again until you realise there is no line., A professor at Harvard University convinced me to do this. But they could have helped me sooner if I had only asked. Im usually the first one in and the last one out so that I can knock items off my to-do list before and after the craziness of the day. . But the moonshot raises thorny philosophical questions. Sarah Kauss, 42, who self-funded and launched Swell bottles in 2010. These efforts have the power to provide real opportunity for young girls and their mothers. I had a moment where I went to a fancy lunch at Del Friscos, and was introduced to someone who was starting a new real estate company. Gross: Swells mission is to rid the world of plastic bottles. What advice do you have for other women who hope to start their own businesses? I keep looking around and thinking, We need some gender diversity. But if you hire the best people that come in, sometimes they look like you. Sarah Krauss. Does Dr. Sarah Krause, DMD offer telehealth services? If you had advice for female entrepreneurs, what would it be? Oldest daughter of Michael Krauss and Joan Lunden. Itsbeen fun to grow slow and steady, and now be fast and strong., Take yourself out of your comfort zone with reckless testing. Make sure to take advantage of every career opportunity you can to pick up new skills and experiences that can feed your entrepreneurial passion. So I had to turn it down. 587 views Aug 30, 2017 3 Dislike Share Save CNBC Make It 941K subscribers S'well CEO Sarah. In 2009, Sarah Kauss had a well-paying job in real estate development, but she was itching to do something more. If it was embarrassing at first to say you were starting a water bottle company, how do you say it now, when people ask what you do? Revenues surpassed $100 million in 2016, up 10-fold from two years earlier, according to Forbes. But I have put a team of seasoned professionals in place who allows me to stay connected while focusing on bigger picture growth strategies and the overall evolution of the brand. I wanted to wait for everything to be perfect before I brought the idea of Swell out in the world. Born 17 May 1772 in Pittsylvania, Virginia Daughter of Rawley Corbin and Sarah (Krauss) Corbin [sibling (s) unknown] Wife of Spencer Adams married 10 Feb 1796 (to 17 Oct 1862) in Pittsylvania, Virginia, United States Descendants Mother of Thomas Claiborne Adams Died 17 Oct 1862 in Winchester, Clark, Kentucky, United States By 2016, the companys revenue had topped $100 million (74 million), and Kausshas gone from being the sole employee tomanaging a team of more than 100 people. [3][4][5][6], Kauss was raised in Jupiter, Florida by parents who were small business owners. [7] Sarah was. 1 Certified B Corporation, https://www.bcorporation.net/en-us/certification/. Sarah raised her family in Trenton and Grosse Ile, MI, and lived for 20 years in Las Vegas, NV.Sarah was born August Ive accepted more imperfection than the risk-averse accountant inside me was born with. Your idea doesnt have to be perfect, but you have to believe in it. Sarah Kaussstarted Swell, theoriginal hydration accessory bottle company, in 2010 with$30,000 of her savings. Rosalind Krauss," we read, "abandons the historian's voice of objective detachment and forges a new style of writing in this book: art history that insinuates diary and art theory, and that has the gait and tone of fiction.". We Found akrauss@hotmail.com, 815-722-2117 and 2 Addresses. She spent nearly a decade working. We can create awareness, and perhaps even inspire others to take action as well. My advice is to dedicate as much time and energy as you can to making your idea a reality. What was your career path? to begin with., I was tired of accounting, but luckily, Id worked with entrepreneurs, and my clients were people, not companies. Ididnt want to be pushed on numbers until we had built the brand but because I didnt have the capital, I didnt have the budget to market the brand. I think that I think about it more. 07 / 23 / 2017; 1; videos; 1 Comment leave a comment below "a fashion hydration accessory" - WTF? Kauss: Talk to everyone about your idea. And 12 years later, Sarahs strong sense of purpose and the spark to ignite change are still front and center. Kauss: Right now, if Im not traveling, youll find me in the office going from meeting to meeting to meeting. Former Kings County Supreme Court Justice Sarah Krauss was honored during NYCBA's Lawyer Assistance Committee Volunteer Appreciation Dinner on June 17. on Instagram: http://bit.ly/InstagramCNBCMakeItSwell CEO Sarah Krauss On How Journaling Made Her A Better Entrepreneur | CNBC Make It. At Swell, there are six core competencies that we consider essential to being a part of the team. Dont be afraid to ask for help. You saw Starbucks CEO Howard Schultz in Starbucks and told him about Swell. [7] She received a bachelor's in accounting from the University of Colorado Boulder and her MBA from Harvard Business School. [16] In 2016, Kauss was named number 49 on the Business Insider 100 list, The Creators. S'well CEO Sarah Kauss says journaling high's and low's over a five-year period positively impacted her career and personal growth. Theyre recycled infrequently and theyre bad for the environment. Sarah Irene Krauss, 70, passed peacefully Friday, December 2, 2022 in Delaware, OH. , Why unicef is the property of Chicago Mercantile Exchange Inc. and its licensors businesses... Girls and their mothers with $ 30,000 of her savings accounting from the of! ] in 2016, up 10-fold from two years earlier, according Forbes! E. Robyn Adele Anderson feat Donate to I wanted to wait for everything to be perfect before brought. My journal entry for the day of the team: http: //cnb.cx/LikeCNBCMakeIt Find CNBC it! And its not even like Im doing this on purpose, she just happens to be woman! 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