The Story of Kendra Scott | From a $500 Business to a Billion-Dollar Empire
2 min read
Introduction
Kendra Scott is the founder and CEO of Kendra Scott LLC, a global lifestyle brand. The company offers a range of fashion-forward jewelry, apparel, and home decor products. Kendra Scott was founded in 2002 with just $500 in seed money from Scott's father.
Early Life and Career of Kendra Scott
Kendra Scott was born in Kenosha, Wisconsin in 1982 and grew up in a small town outside of Houston, Texas. She is the oldest of three girls. Her father worked in the oil industry and her mother was a stay-at-home mom. Kendra always had an entrepreneurial spirit, starting her first business at the age of eight with a temporary lemonade stand.
After graduating from high school, Kendra attended college at the University of Texas at Austin where she studied business and communications. After graduation, she moved to New York City to pursue a career in fashion. Kendra Scott started out working as a personal assistant for a fashion stylist and then as a buyer for a luxury handbag company.
The Founding of Kendra Scott Jewelry
Kendra Scott Jewelry was founded in 2002 by Kendra Scott, a former fashion journalist. Scott had an idea for a jewelry line after she was unable to find the perfect pair of earrings to wear to her friend's wedding. She started the company with just $500 and a few pieces of jewelry she made herself.
The company has since grown into a multi-million dollar business, with over 100 stores across the United States. Scott is now one of the richest self-made women in America, with a net worth of over $1 billion.
Conclusion
The story of Kendra Scott is truly inspirational and shows just how far hard work, dedication, and passion can take you. Her journey from a small business to a billion-dollar empire is one that should inspire entrepreneurs everywhere to never give up on their dreams. From her humble beginnings of selling jewelry out of her home to creating an iconic fashion brand, the success of Kendra Scott serves as proof that anything is possible if you put your mind to it.
