Kendra Scott discusses the growth of her company's workforce and the weight of executive responsibility.
0:00 / 0:08exact quote · 8.3s
720p mp4 · rendered on demand · StarZero watermark
“I mean, now I have 2000 people that work for us, so it's their, I'm responsible for their families, so, you know, those things keep you up at night.”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
(the analysis reads context, assessments check outside sources). how →
More from Kendra Scott
Opinion
Kendra Scott calls the 2008 financial crisis her company's greatest gift.
“This amazing, wonderful thing happens called the recession which turns out to be the greatest gift Kendra Scott, the company, ever received, which sounds really crazy, but it really was the greatest gift because I was playing it safe.”
Kendra ScottMar 20, 2017▶ 26:51Kendra Scott: Kendra Scott
Disclosure
Kendra Scott started her billion-dollar jewelry empire with just $500.
“I literally took 500 dollars to get all the supplies I needed to create this collection, which was a big deal for us.”
Kendra ScottMar 20, 2017▶ 10:25Kendra Scott: Kendra Scott
AssertionNot checkable as stated
Retailer Harold's placed a $75,000 initial wholesale order with Kendra Scott.
“And sure enough, I got a call, and it was a 75,000 dollar order.”
Kendra ScottMar 20, 2017▶ 14:52Kendra Scott: Kendra Scott
AssertionNot checkable as stated
Kendra Scott bootstrapped her growth using inventory-backed bank lines of credit.
“And I bootstrapped it. I mean, at this point, I did, I didn't bring any investment capital in, so I had a line of credit with the bank against my inventory and my purchase orders.”
Kendra ScottMar 20, 2017▶ 23:47Kendra Scott: Kendra Scott
AssertionNot checkable as stated
Kendra Scott reached $1.5 million in wholesale revenue before the 2008 crash.
“We were at about a million, 1,000,005 a year.”
Kendra ScottMar 20, 2017▶ 25:00Kendra Scott: Kendra Scott
AssertionNot checkable as stated
Kendra Scott's bank called her credit line during the 2008 crisis.
“My line of credit gets called by the bank because I'm a high-risk Being fashion and jewelry”
Kendra ScottMar 20, 2017▶ 27:31Kendra Scott: Kendra Scott
Made with StarZero
Turn any episode into a week of clips.
This entire site, over 800 episodes transcribed, diarized, checked and made playable,
runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the
moments worth sharing, cuts them, captions them, and reframes them for every feed.
We use essential cookies to make the site work. With your permission we
also use analytics cookies (Google Analytics and Mixpanel) to understand
usage and improve StarZero. See our Cookie Policy.
