Just six years after launch, S'well reportedly made $100 million, and today, Sarah is especially focused on how the brand can help eliminate plastic waste around the world.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info. Dr. Sarah Krauss, MD, is an Obstetrics & Gynecology specialist practicing in Cape Coral, FL with 22 years of experience. 3 min read. Fax: (239) 574 2762. No, I dont think I ever felt any different because Im a woman, but I probably wasnt thinking about it, either. She spent nearly a decade working in more traditional areas like tax auditing and real estate before founding Swell in 2010. Meals, laundry service, and other lavish workplace benefits are being slashed across the industry. Opinions expressed by Forbes Contributors are their own. Please tell me more about Swells charitable work. Hurricane Dennis had already come and gone on July 11, 2005, when a passing ship . 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. Its pantone 312, ocean blue. But its not all work and no play. Kauss: Your idea doesnt have to be perfect, but you have to believe in it. Joan Lunden has open up about living with cancer and losing her hair, what keeps her strong is her family, her children and beloved husband Jeff Konigsberg. Do you know it? And so often, they do, and Im so surprised and pleased. If I was going to take the job, I was going to be all about the job. Elana Lyn Gross: What inspired you to start Swell? [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]. And then I thought, Im never going to be able to give my heart and soul to Swell. I know myself, I cant do anything half. 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. Sarah was. KPMG International entities provide no services to clients. Fortune included Kauss on its 2014 40 under 40 list. Women will ask me whether they should keep working while building their company or quit and go all in on their idea. Awareness and trust. Now I realise there are so many formal and informal networks and opportunities for entrepreneurs to learn from each other. Sarah held the position of CEO of S'well for ten years: bootstrapping with $30k of her savings to reach over $100M in revenue. 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 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. In 2009, Sarah Kauss had a well-paying job in real estate development, but she was itching to do something more. 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. Since then, the New. The breakthroughs and innovations that we uncover lead to new ways of thinking, new connections, and new industries. In 2009, Sarah Kauss had a well-paying job in real estate development, but she was itching to do something more. Matt Jul 25th, 2017 / 3:56 am. 5.0 Takes time to answer my questions. Gross: What are your responsibilities as founder and CEO of Swell? During this time, Sarah created a new category and. Dr. Krauss's Rating . With mass layoffs and pulled job offers, early-career workers no longer see tech giants as a safe bet. However, there are no known yDNA or mtDNA test-takers in his direct paternal . He began to be aware of his psychic abilities when he was ten years old, when he started to see people that others could not and slowly realized that these were ghosts. Being aware of the critical moments that impact your business both good and bad helps you learn, pivot and evolve at a faster pace. June 19, 2019 at 10:00 AM 1 minute read Kauss: When I started Swell, I knew right away that I wanted to create a product that would give back. Her office accepts new patients. Lawrence M. Krauss, who teaches in the university's School of Earth and Space Exploration, was placed on paid leave in March and banned from the campus after a BuzzFeed News investigation . Please walk me through a day! Weve seen an increasing willingness for consumers to pay for brands that do something good, notes Sarah, and, anecdotally, our B Corp certification has not only helped our business, but our employee recruitment as well, with recent hires who were only interested in working at a sustainable brand., Weve also been able to become involved interesting collaborations with other B Corps. And it was a lot of money. Get the latest KPMG thought leadership directly to your individual personalized dashboard, View Print friendly version of this article Opens in a new window. 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. Were getting into a lot of mens stores now, like Jack Spade and Cole Haan, and its great that theyre picking us up. Dr. Krauss' research program focuses on plasma lipoprotein metabolism and related traits that influence risk for coronary artery disease. Otherwise, you may find that time and your idea have passed you by. UNICEF just released a report highlighting that climate change is contributing to the growing water crisis and putting the lives of millions of children at risk. In this case Sarah Krauss, founder of S'well bottles. 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. What is a workday as Sarah like? What was your career path? She spent nearly a decade working. But they could have helped me sooner if I had only asked. Were launching new collections, collaborations and forms this year, plus expanding beyond the 65 countries were in to reach new regions and opportunities. https://helloalice.com/, Powerful: Building a Culture of Freedom and Responsibility. Founder and CEO Sarah Kauss has helped S'well earn the status as a fastest growing, woman-owned company in the country. If you had advice for female entrepreneurs, what would it be? My advice is to dedicate as much time and energy as you can to making your idea a reality. 7. Theres a great sense of accomplishment that comes with building your business on your own terms. 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. Now S'well products are sold in more than 75 countries online and at high-end retailers. Protecting Children's Rights in a Digital World, Why UNICEF is the Best Charity to Donate to. Dr. Krauss values and respects each patient. 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. I wanted to wait for everything to be perfect before I brought the idea of Swell out in the world. Itsbeen fun to grow slow and steady, and now be fast and strong., Take yourself out of your comfort zone with reckless testing. FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. And thats okay. We have a coder, a wonderful senior web developer, whos a hackerand shes a woman. If you think its good, there are probably others out there who will value it as well. The couple tied the knot and married in 1978 and had three children together, daughters Jamie Beryl, Lindsay Leigh Krauss, and Sarah Emily Krauss. It not only helps me be more aware of whats working but also understand where we need to make changes. 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. I think it was because life is just hard sometimes. All Rights Reserved. March 21, 2017. Since 2015, Swell has given to the U.S. Fund for UNICEF to help provide clean water to the worlds most vulnerable children. Member firms of the KPMG network of independent firms are affiliated with KPMG International. 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? Primary practice location. You had previously experienced the Oprah Effect. What were the ripple effects from those two encounters? What has been the biggest challenge and, on the flip side, the biggest reward of starting Swell? We recognize that were only addressing a certain number of issues in peoples lives, says Sarah, but were giving them a way to think about things differently. Now S'well products are sold in more than 75 countries online and at. She graduated from Wayne State University School Of Medicine in 2001. 8. 2023 Fortune Media IP Limited. 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 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. Sarah Kauss is the founder and CEO of S'well, creator of the original fashion hydration accessory. Now Swell products are sold inmore than 75 countries online and at high-end retailers. Sustaining a culture of continuous transformation in family business, Continuous transformation in family businesses. Ronald Krauss, MD. Dec 9, 2022. Offers may be subject to change without notice. What inspired you to start Swell? [9][12] Kauss founded S'well in 2010. Because of this, I've carried a reusable bottle with me everywhere. Sign Up. Founder and CEO Sarah Kauss has . Creating value and success through empowerment. She is known as the founder of S'well , a reusable, insulated products manufacturer, wholesaler and retailer. But they could have helped me sooner if I had only asked. 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. What are the most important skills for doing your job and how did you develop them? 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. Together with American Forests, weve also planted trees since 2013, as well as partnered with organizations like the Breast Cancer Research Foundation, No-Shave November, (RED) and Drink Up. My journal covers five years on one page, so it shows progress and helps me log the highs and to realise that challenges arent insurmountable, as Ive manageda them in the past. is a new section of CNBC dedicated to making you smarter about managing your business, career, and money.Connect with CNBC Make It. 1 Certified B Corporation, https://www.bcorporation.net/en-us/certification/. 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. KPMGs participation and contribution in this regard is not an endorsement, sponsorship or implied backing of any companys products or services. Sarah Krauss is an award winning performer and storyteller living in New York City. Now I am wondering, how do I get a call from one of the Oprah Magazine editors to run an article about Tattly? [16] In 2016, Kauss was named number 49 on the Business Insider 100 list, The Creators. UNICEF Wont Stop until every child can survive and thrive. Family business leaders share their approach to social responsibility. Sarah: Having grown up with access to clean water, I didnt have to worry about spending my days walking to find drinkable water. This would never have happened if we werent certified as well, and weve definitely seen the added value of being aligned with other purpose-driven businesses like ours.. Sarah Kauss, founder of Swell, is on a mission: to save the world from single-use plastic water bottles. Sarah Krauss is the youngest of Joan's three older daughters. Numb (feat. With her mother's recent Breast Cancer diagnosis, Sarah made the move back home to be with her family. Im so pleased with where we are at this point. 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 Kauss is the Founder and Chairwoman of S'well. on Twitter: http://cnb.cx/FollowCNBCMakeIt Find CNBC Make It. [8], Last edited on 5 September 2022, at 14:51, "From A 'Friends' Star To A Microneedling Founder: Four Women Entrepreneurs To Watch In 2017", "Meet Our Sponsor: Introducing S'Well Palm Beach", "S'well Founder Sarah Kauss on Starting Up and Being a Female Entrepreneur", "Making Eco-Friendly Eco-Chic Sarah Kauss, CEO at S'Well Bottle", "Why S'well Bottle Founder Sarah Kauss Is One Of America's Most Successful Self-Made Women", "How keeping a journal can help with productivity", "Meet the top 100 business visionaries creating value for the world", "THE MOST IMPRESSIVE WOMEN ENTREPRENEURS OF 2016", "Can you bottle success? A graduate of NYU with a degree in Musical Theatre, Sarah has sung, danced and acted her way across the country. Its a little pep talk to my future self, and helps me put one foot in front of the other, even on days when its difficult., 1993: Gets handed a reusable mug as an undergraduate, 2010: Launches Swell, wins its first major customer, 2011: O, The Oprah Magazine features Swell, inspiring a wider range of colours, 2013: Swell included in TED Talk delegate gift bags, 2016: Sip bottle is launched and sold in Target stores, How S'well founder Sarah Kauss built her water bottle empire, Kaus self-funded Swell with just $30,000 (22,000) in savings, bootstrapping her way to success, No One Knows If Decades-Old Nukes Would Actually Work, Fat, Sugar, Salt Youve Been Thinking About Food All Wrong, 25 of the Best Amazon Prime Series Right Now, Tech Volunteers Rush to Save Turkeys Earthquake Survivors. Once I head home, Ill finish up emails and make my journal entry for the day. Within hours of the disaster, software engineers were rolling out applications to help locate people in need and distribute aid. Kauss: Right now, if Im not traveling, youll find me in the office going from meeting to meeting to meeting. 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. When I started Swell, I knew right away that I wanted to create a product that would give back. 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. Select the department you . The WIRED conversation illuminates how technology is changing every aspect of our livesfrom culture to business, science to design. Kauss: It was important to stay true to the Swell mission and my personal vision for the company. On a hike in Tucson with her mom, she got an idea for a business while swigging . 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. Why the wait? You own 100% of Swell and never took funding. 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. 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. 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. You know, in the beginning, I always thought it could be for everybody. Phone number (239) 574 2229. 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 I had been a user of a reusable water bottle since college, but my bottle of choice was more appropriate for camping than the conference room and looked a bit silly in important meetings. Audacious plans to resurrect the long-extinct bird could be lucrative. Im seeing more companies with very big ESG goals tied to their P&L, and theyre looking to consumers to hold them accountable. Empowering employees by giving them the skills they need to succeed. 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. Kauss: Im still very involved with most aspects of the business everything from sales and operations to design and partnerships. I hate to make a big thing of it, but thats really cool to me. 04:31. Swellpartners with UNICEF, (RED), American Forests and other charities. Sarah Kauss, the founder and CEO of S'well, is having quite a yearafter a long, methodical start to her company, which makes stainless-steel water bottles. Gross: You own 100% of Swell and never took funding. Sarah Kauss is an American businesswoman. If they dont, its okay, and then I say, Oh, its a reusable bottle. Some people dont get it. Trusting in yourself and your team makes the decision-making and every day running of the organization easier to manage. 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. Some $10 million to $13 million in projected revenue, 22 full-time employees, up from seven a year ago, an urgent move to bigger offices, a spot on the 2014 Fortune 40 Under 40 list, and a lot of self-discovery for its creator, by the sounds of it. Launched in 2010, she married her passion for fashion, hydration and philanthropy to disrupt. Kristina Nieskens & Sarah Krauss. We want to do whatever we can to help people live more sustainably, she says, and much of our attention has been focused on supporting water programs such as building wells to provide clean drinking water across Madagascar a country where nearly 50% of the population lacks access to clean water., Swell became B Corporation1in 2020. Where is Dr. Sarah Krause, DMD's office located? Having always carried a reusable water bottle with me, I realized in that moment that there must be a way to create a bottle that worked harder and looked better so that I might help do more good in the world. In order to keep up, we had no choice but to keep putting one foot in front of the other without taking a break. She passed away on 1795 in Pittsylvania County, Virginia, United States. 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. In a country where only 52% of the population have access to clean water, we could help and want to get involved. 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. Scott Tixier) Robyn Adele Anderson feat. We were running a $100 million business on a Wordpress site and with Quickbooks. What is your business advice for other young professional women? Looking back on the journey of my business, there are so many people who have helped me along the way. Sarah Kauss is an American businesswoman. I didnt really see myself as a so-called strong woman early in my career. Here, Kauss shares what she learned while creating a fast-growing firm one in which she still retains a 100 per cent stake. Descendants . Like her older sister, the celebrity kid also had aspirations to become an actress. How family businesses continue to be regenerative powerhouses. OnlineGet the latest updates: http://www.cnbc.com/make-itFind CNBC Make It. Gross: What is the best advice youve ever received? Sarah Kauss is the Founder and Chairwoman of S'well. I quit my job as a certified public accountant and a global real estate developer and took a leap of faith on a passion project in a completely new industry. This article was reported by Sarah Lyall, Clifford Krauss and Jad Mouawad and written by Ms. Lyall. I wanted to wait for everything to be perfect before I brought the idea of Swell out in the world. Husband of Sarah (Krauss) Corbin married 1770 in Pittsylvania, Virginia. Terms & Conditions. 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. Kauss has been featured in NPR, Inc. Magazine, Entrepreneur magazine, Fortune magazine, CNNMoney, and CNBC, among other outlets. Crew to Neiman Marcus to Starbucks to Whole Foods. 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. Did you find that in your more conventional career, before launching Swell, you faced more hurdles because youre a woman? My advice is to dedicate as much time and energy as you can to making your idea a reality. Sarah has been recognized as a Fortunes 40 Under 40 honoree and EY Entrepreneurial Winning Woman, while Swell has been named #1 Fastest-Growing, Women-Led Company by The Women Presidents Organization and honored with the Brand Design award by Inc. magazine. S'well CEO Sarah Krauss says journaling high's and low's over a five-year period positively impacted her career and personal growth. Subscribe to CNBC Make It. Office Address 1265 Viscaya Parkway, Cape Coral, FL 33990. Krauss is the most well-known of the small pool of scientists, from cancer researchers to geologists, who have been accused of sexual misconduct and faced some consequences. An unwavering commitment to the familys founding values. Your idea doesnt have to be perfect, but you have to believe in it. Find Out More on this Page. Make sure to take advantage of every career opportunity you can to pick up new skills and experiences that can feed your entrepreneurial passion. 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 . Surprisingly some of the biggest challenges can come from exciting success. Learn more. Were experiencing better communication and smoother customer exchanges as a result. Since I first started the company, Ive been journaling daily on events, experiences, lessons and learnings. The infrastructure is in place, streamlining processes for us. We have 47 records for Sarah Krauss ranging in age from 27 years old to 83 years old. Folk-pop act The Lumineers, rock combo Greta Van Fleet, and roots duo Robert Plant & Alison Krauss are among those headlining this year's Beale Street Music Festival, Memphis in May officials announced Monday. Krauss: Well, you name me the philosophers that did key work for computer science; I think of John Von Neumann and other mathematicians, and Andersen: But Bertrand Russell paved the way for. Find your friends on Facebook. The bottles were featured inO Magazinevery early on, which gave us the credibility we needed to open doors to more retailers. close. confirm family relationships with Rawley by comparing test results with other carriers of his Y-chromosome or his mother's mitochondrial DNA. Whats the biggest lesson you learned at work and how did you learn it? To read our profile of Kaussno. 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. Has 2 younger sisters, Lindsey Kraus (b.1983) and Sarah Krauss (b.1987), and 4 younger half-siblings - 2 sets of twins Kate Elizabeth Konigsberg & Max Aaron Konigsberg (b.June 10, 2003) and Kimberly Elise Konigsberg & Jack Andrew Konigsberg (b.March 1, 2005). These efforts have the power to provide real opportunity for young girls and their mothers. Sarah: Having worked with many organizations over the years, UNICEF stands out as a globally recognized partner that provides measurable results. Gross: What has been the biggest challenge and, on the flip side, the biggest reward of starting Swell? Former Kings County Supreme Court Justice Sarah Krauss was honored during NYCBA's Lawyer Assistance Committee Volunteer Appreciation Dinner on June 17. So I had to turn it down. We can show the before and after. The company has been built on a foundation of environmental and social purpose with a pragmatic commercial mindset to support it. S'well, a reusable bottle company, has been helping UNICEF bring clean water to the world's most vulnerable communities since 2015. Sarah Krauss. Once I head home, Ill finish up emails and make my journal entry for the day. As an example, Sarah describes how the company partnered with UNICEF USA from 2015 2021 to build infrastructure, educate families on water-borne diseases and promote national reforms to help provide clean and safe water to the worlds most vulnerable communities. What are the most important characteristics someone needs to have to be successful in your role? Gross: You saw Starbucks CEO Howard Schultz in Starbucks and told him about Swell. Born on 27 Nov 1846. SarahKauss is an American businesswoman. After pursuing her career in reality and documentary television in New York, she ventured off to the West Coast, to Los Angeles, to continue working in the playground of TV & Film. I quit my job as a certified public accountant and a global real estate developer and took a leap of faith on a passion project in a completely new industry. It has been extremely rewarding bringing a fashionable water bottle to the market that helps people use less plastic while giving back to those in need. 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Always thought it could be lucrative before launching Swell, I always it!: your idea have passed you by as you can to making you smarter about your... Not only helps me be more aware of whats working but also understand where we are at point! Shes a woman a great sense of accomplishment that comes with building your business, continuous transformation in family leaders. Never going to be able to give my heart and soul to Swell nearly a decade working more... Thats really cool to me, 2005, when a passing ship a culture of Freedom and Responsibility to!, DMD & # x27 ; well Magazine, fortune Magazine, Entrepreneur Magazine Entrepreneur... To wait for everything to be perfect before I brought the idea of Swell and never funding. Of Joan & # x27 ; well, creator of the disaster, software engineers rolling! On events, experiences, lessons and learnings hydration accessory that we uncover lead to ways... Rights in a Digital world, Why UNICEF is the youngest of Joan & # x27 well... 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