Skip to main content.us. Matt Jul 25th, 2017 / 3:56 am. 2023Copyright owned by one or more of the KPMG International entities. And its not even like Im doing this on purpose, she just happens to be a woman. Its pantone 312, ocean blue. S'well CEO Sarah Krauss On How Journaling Made Her A Better Entrepreneur | CNBC Make It. Dont wait for your idea to be fully baked before dedicating time to bringing your idea to life. We spoke about how a sip of warm water inspired the former accountant and global real estate developer and Harvard Business School graduate to start something swell. FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. I think, in everyones career, they have felt at some point like maybe they didnt get the best assignment or maybe they struggled, but I dont think it was because I was a woman any more than because I had brown hair. She is known as the founder of S'well, a reusable, insulated products manufacturer, wholesaler and retailer. Gross: What are the most important characteristics someone needs to have to be successful in your role? First, there is the element of exaggeration. [8][9][circular reference], After receiving her bachelor's degree, Kauss worked as a CPA for Ernst & Young in Denver, Colorado and Los Angeles, California. Im encouraged by the number of these companies that are not just doing the right thing, but also being transparent about it. Also, be patient with yourself the ideal business idea might not come right away. Under Sarah's leadership, S'well was named #1 Fastest-Growing, women-led company by the Women Presidents' Organization, was honored with the Brand Design award by Inc. magazine and placement on the Inc. 500 List (top 100) of fastest-growing, privately-held companies. 2023 Fortune Media IP Limited. Dr. Krause's office is located at 626 Chestnut St, Union, NJ 07083. The last jumbo jet was delivered in January, but it has been obsolete for decades. This means less education, less independence and less opportunity to reach their full potential. Sarah Kaussstarted Swell, theoriginal hydration accessory bottle company, in 2010 with$30,000 of her savings. Because of this, I've carried a reusable bottle with me everywhere. It was that day the idea was born., At the University of Colorado Boulder, students are issued a big mug, and you pledge to try to not use foam cups or plastic bottles. Women in Africa spend 40 billion hours a year walking to find clean water. An unwavering commitment to the familys founding values. I believed there was a need for a bottle that could not only look better, but also function better to help rid the world of plastic bottles. [10] She then moved into commercial real estate. Hello Select your address All. Kauss: When I started Swell, I knew right away that I wanted to create a product that would give back. Background: Dietary recommendations to limit red meat are based on observational studies linking intake to cardiovascular disease (CVD) risk together with the potential of its saturated fatty acid (SFA) content to raise low-density lipoprotein (LDL) cholesterol. Sarah Kauss, founder of Swell, is on a mission: to save the world from single-use plastic water bottles. Sarah Kaussstarted Swell, theoriginal hydration accessory bottle company, in 2010 with$30,000 of her savings. Sarah Irene Krauss, 70, passed peacefully Friday, December 2, 2022 in Delaware, OH. 2018 is about driving deeper with our current consumers, introducing ourselves to new ones and chasing the globe. 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. Tech Layoffs Signal the End of the Office Perk. 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. 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 ho What are the most important characteristics someone needs to have to be successful in your role? 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? I had been working as an international real estate developer and was in search of something new when I took a sip of warm water on a hike in Arizona. Make sure to take advantage of every career opportunity you can to pick up new skills and experiences that can feed your entrepreneurial passion. But its not all work and no play. March 21, 2017. Over the last few years, we experienced phenomenal growth. Boeings 747 Should Have Been Retired Years Ago. Kauss: By far, the scariest part of starting Swell was taking the plunge into the unknown of entrepreneurship. I wanted to wait for everything to be perfect before I brought the idea of Swell out in the world. 8. June 19, 2019 at 10:00 AM 1 minute read She received her medical degree from Wayne State University School of. Now I realise there are so many formal and informal networks and opportunities for entrepreneurs to learn from each other. Harvard Business School grad, Sarah Krauss, founded the eco-friendly water bottle line, S'well , one of the most important and successful brands in the realm of sustainability today. Dr. Krauss' research program focuses on plasma lipoprotein metabolism and related traits that influence risk for coronary artery disease. Her latest book Powerful: Building a Culture of Freedom and Responsibility takes all that shes learned at Netflix and beyond, and uses it to flip todays typical HR practices on their head. Sarah: Having grown up with access to clean water, I didnt have to worry about spending my days walking to find drinkable water. Most of our employees are women, same for our customers and its hard not to have Swell just be a reflection of myself as a customer. From the start, she encouraged me to present my own work and select the clients and projects to work on that interested me the most. Whenever possible, I try to be in the office on Fridays. I thought, I could do this. Trusting in yourself and your team makes the decision-making and every day running of the organization easier to manage. Kauss: It was important to stay true to the Swell mission and my personal vision for the company. Fortune: So many entrepreneurs drop out of business school to start a company, but you graduated and then spent nearly 10 years working in other jobs before launching Swell. In 2010, Kauss launched her startup S'well, a line of insulated reusable stainless steel bottles that are designed to keep drinks cold for 24 hours and hot for 12 hours. Grow, but don't become too diffuse Since we launched in 2010, with one bottle, one colour, one size, we [now] have a whole portfolio of products. I wanted to wait for everything to be perfect before I brought the idea of Swell out in the world. Swellpartners with UNICEF, (RED), American Forests and other charities. She believes that any treatment plan should be individualized to her patient's needs and goals. You had previously experienced the Oprah Effect. What were the ripple effects from those two encounters? Crew to Neiman Marcus to Starbucks to Whole Foods. on Facebook: http://cnb.cx/LikeCNBCMakeIt Find CNBC Make It. She graduated from Wayne State University School Of Medicine in 2001. Sarah: Staying hydrated, while limiting the use of plastic bottles, has been an important part of my adult life. confirm family relationships with Rawley by comparing test results with other carriers of his Y-chromosome or his mother's mitochondrial DNA. Inspired by the idea of keeping plastic containers out of landfill, she self-funded Swell with just $30,000 (22,000) in savings, bootstrapping her way to success. Select the department you . That was the inspiration for Swell. We can create awareness, and perhaps even inspire others to take action as well. The flexibility of being able to turn down some of the largest big-box retailers in the country comes from not having investors telling me otherwise. I didnt know Id grow up to be an entrepreneur, but I dont think that I was shocked when I did start my own business., In Arizona, hiking with my mum, I was in a reflective mood. Hurricane Dennis had already come and gone on July 11, 2005, when a passing ship . No, I dont think I ever felt any different because Im a woman, but I probably wasnt thinking about it, either. Since I first started the company, Ive been journaling daily on events, experiences, lessons and learnings. An illustrated biography of the innovative geniuses who created children's classics. (Photo by Cindy Ord/Getty Images for SiriusXM) Embed PURCHASE A LICENSE Sarah Krauss. By being self-funded, weve been able to build our brand on our own terms, being selective about the partnerships we create and the pace at which we grow. While on vacation in Arizona, a sip of warm water and a mother-daughter conversation on career happiness led to my aha moment and the beginning of a business plan for Swell. Dr. Krauss has extensive experience in Gynecologic Conditions. I do have to say that now, later in my life, I have more strong women friends and women entrepreneurs that I know and work with than I did earlier in my career. Youve also partnered with charitable organizations such as the U.S. Fund for UNICEF and American Forests. Sarah KRAUSS family tree Parents Henry Kraus 1728 - 1749 Anna Maria Kraus Unknown - Unknown Spouse (s) Rawley Corbin 1750 - 1814 Children Sarah Corbin 1772 - 1862 Thomas Corbin 1773 - 1813 James Fones Corbin 1793 - 1875 FORTUNE may receive compensation for some links to products and services on this website. You had previously experienced the Oprah Effect. What were the ripple effects from those two encounters? During this time, Sarah created a new category and. 1 Certified B Corporation, https://www.bcorporation.net/en-us/certification/. Scott Tixier . You know, in the beginning, I always thought it could be for everybody. Find your friends on Facebook. On file we have 75 email addresses and 77 phone numbers associated with Sarah in area codes such as 469, 972, 214, 805, 732, and 25 other area codes. All Rights Reserved. A great deal might be said about that sentence. Get the latest KPMG thought leadership directly to your individual personalized dashboard, View Print friendly version of this article Opens in a new window. Awareness and trust. Sarah Krauss is an award winning performer and storyteller living in New York City. How family businesses continue to be regenerative powerhouses. 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 500,000 people. A graduate of NYU with a degree in Musical Theatre, Sarah has sung, danced and acted her way across the country. Claim your profile (239) 574-2229 Ratings and Reviews 5 69 Ratings with 31 Comments Write a Review Wait time 18 minutes 5 Easy Appointment 4 Promptness 5 Accurate Diagnosis 5 Bedside Manner 5 Spends Time With Patients 5 Thanks to its large, on-the-ground network and ability to work with communities in effective ways, we can prove the impact were having together. : CNBC Make It. Please tell me more about Swells charitable work. The track was equal part. Sustaining a culture of continuous transformation in family business, Continuous transformation in family businesses. Sarah Krauss Producer & Content Creator New York City Metropolitan Area 1K followers 500+ connections Join to view profile Global Citizen University of Pennsylvania Activity Well, it was a. View contact information: phones, addresses, emails and networks. Sarah Kauss is an American businesswoman. What is the best advice youve ever received? Kauss: Your idea doesnt have to be perfect, but you have to believe in it. The views and opinions [of external contributors] expressed herein are those of the interviewees and do not necessarily represent the views and opinions of KPMG International Limited or any KPMG member firm. But its not all work and no play. 07 / 23 / 2017; 1; videos; 1 Comment leave a comment below "a fashion hydration accessory" - WTF? On a mission to help reduce the worlds plastic waste one bottle at a time. Sarah talks to us about why the water crisis is important to her and how S'well is working with UNICEF USA to help bring clean water to vulnerable communities. Primary practice location. In Fortunes talks with Kauss for that profile, the entrepreneur spoke at length about being a woman in business, and we found her commentary interesting enough that we wanted to share it separately. Now Swell products are sold inmore than 75 countries online and at high-end retailers. If you think its good, there are probably others out there who will value it as well. In a country where only 52% of the population have access to clean water, we could help and want to get involved. 7. The sustainable value of social responsibility. Sarah Kauss: When I left Harvard, I dont know that I would have had the confidence to start my own business in the way that I did now. Kauss: Right now, if Im not traveling, youll find me in the office going from meeting to meeting to meeting. Gross: What are your responsibilities as founder and CEO of Swell? OnlineGet the latest updates: http://www.cnbc.com/make-itFind CNBC Make It. Since 2015, Swell has given to the U.S. Fund for UNICEF to help provide clean water to the worlds most vulnerable children. She passed away on 1795 in Pittsylvania County, Virginia, United States. She is a consumer products leader with a track record in launching companies, building multi-million dollar successful brands, and assembling high-performance senior leadership teams. Check social media profiles, resumes and CV, photos and videos, public records, skilled experts, work history, places of employment, arrest records and news . Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice| Do Not Sell/Share My Personal Information| Ad Choices Sarah Kauss is the Founder and Chairwoman of S'well. The company has been built on a foundation of environmental and social purpose with a pragmatic commercial mindset to support it. She spent nearly a decade working. Tiny Qatar is poised to become the preeminent natural gas power, taking advantage of European energy crisis and balancing partnerships with China and U.S. nytimes.com. Otherwise, you may find that time and your idea have passed you by. UNICEF Wont Stop until every child can survive and thrive. By far, the scariest part of starting Swell was taking the plunge into the unknown of entrepreneurship. Revenues surpassed $100 million in 2016, up 10-fold from two years earlier, according toForbes. Now S'well products are sold in more than 75 countries online and at. https://helloalice.com/, Powerful: Building a Culture of Freedom and Responsibility. I just thought of myself as one of the guysall of my friends were guys, all the people I knew in my graduate program were guys. Why the wait? I personally want to support more women-owned companies, because of Swell. Sarah Kauss, the founder and CEO of Swell, is having quite a yearafter a long, methodical start to her company, which makes stainless-steel water bottles. We were pleased with the relationship from the beginning. [10] The company helped displace more than 4 billion single-use plastic bottles and was named one of 25 designs that helped shape the world by Architectural Digest before Kauss sold the company in 2022 to Lifetime Brands.[13][14][15]. Upgrade Now. Theres a real cult of personality these days around startupslike, Who were your investors, where did you go to school, how many followers do you have on Instagrambut if you just push a great product, people will want to know the story. Theyre recycled infrequently and theyre bad for the environment. Her advice helped build my confidence early on and has led to many life-changing experiences through the years. SarahKauss is an American businesswoman. Sign Up. Within hours of the disaster, software engineers were rolling out applications to help locate people in need and distribute aid. Meals, laundry service, and other lavish workplace benefits are being slashed across the industry. There are 1 People Named Albert Krauss Who Live in Illinois USA. As a business leader, it is her continuing goal to help reduce plastic waste by influencing peoples behavior. 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 a saver, always a saver: Warren Buffett says generational wealth isnt what it used to be in his annual letter Its bigger than the housing crisis: An influential economist just blamed NIMBYs for American decline, and Elon Musk CA Notice at Collection and Privacy Notice, Do Not Sell/Share My Personal Information. About Sarah Krauss: With her compassionate and caring bedside manner, board-certified OB/GYN Sarah Krauss, MD, FACOG is known for spending time getting to know her patients and providing quality health care. 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. And as a partner for Arianna Huffingtons Thrive Global, Im starting to make little changes in my daily routine like putting my phone and myself to bed an hour earlier to get more sleep and work toward achieving more balance. Im so pleased with where we are at this point. Empowering employees by giving them the skills they need to succeed. Member firms of the KPMG network of independent firms are affiliated with KPMG International. There was something special about building a brand in an authentic way. After that, Swell bottles went from being sold in some Starbucks locations to many. : http://cnb.cx/2kxl2rfAbout CNBC Make It. Leave a review . When not performing, Sarah is a storyteller at StoryCorps on a mission to preserve and share humanity's stories in order to build connections . Stream ad-free or purchase CD's and MP3s now on Amazon.com. What was your career path? What is Swell doing to help? Dec 9, 2022. Back in 2010, S'well founder and CEO Sarah Kauss certainly did, and she fought to keep the vision of her brand intact, despite all the financial pressures that come with launching a new brand . So its hard for me to not be a feminine business owner, because I am a girl, but at the same time, I dont lead with that. Learn more. We can show the before and after. 587 views Aug 30, 2017 3 Dislike Share Save CNBC Make It 941K subscribers S'well CEO Sarah. 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? Gross: What is your business advice for other young professional women? 4.5 Provides follow-up as needed. 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