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. A great deal might be said about that sentence. Qatar Extends Its Natural Gas Dominance at Russia's Expense. 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. 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. An inbox that clears itself. Disposable plastic water bottles have never made sense to me, says founder Sarah Kauss. 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. The couple tied the knot and married in 1978 and had three children together, daughters Jamie Beryl, Lindsay Leigh Krauss, and Sarah Emily Krauss. As founder and CEO, Kauss has ensured that Swell focuses onsocial good. 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 Swell is working with UNICEF USA to help bring clean water to 500,000 people. Gross: You saw Starbucks CEO Howard Schultz in Starbucks and told him about Swell. Sarah: Having worked with many organizations over the years, UNICEF stands out as a globally recognized partner that provides measurable results. KPMGs participation and contribution in this regard is not an endorsement, sponsorship or implied backing of any companys products or services. [10] She then moved into commercial real estate. 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). Whenever possible, I try to be in the office on Fridays. Dr. Krauss has extensive experience in Gynecologic Conditions. on Twitter: http://cnb.cx/FollowCNBCMakeIt Find CNBC Make It. Our partnership with Starbucks helped solidify our brand on a global scale and expand quickly into new markets. Former Kings County Supreme Court Justice Sarah Krauss was honored during NYCBA's Lawyer Assistance Committee Volunteer Appreciation Dinner on June 17. Sarah Kauss founded Swell in 2010 after ten years as an accountant a mid-career leap from running spreadsheets for startups to setting up her own business selling steel water bottles. Dr. Krauss's Rating . Hello Select your address All. Sarah Kaussstarted Swell, theoriginal hydration accessory bottle company, in 2010 with$30,000 of her savings. You had previously experienced the Oprah Effect. What were the ripple effects from those two encounters? That could be because of the industry were in, the gift industry, but we get a lot of girls applying here. It not only helps me be more aware of whats working but also understand where we need to make changes. You own 100% of Swell and never took funding. 03:12. Trusting in yourself and your team makes the decision-making and every day running of the organization easier to manage. 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. Kauss: Talk to everyone about your idea. It comes back to being aware and paying attention to the details. Oldest daughter of Michael Krauss and Joan Lunden. I thought, I could do this. How did you decide not to raise venture capital money? For more detail about our structure please visithttps://kpmg.com/governance. (800) 367-5437 | 125 Maiden Lane, New York, NY 10038. Revenues surpassed $100 million in 2016, up 10-fold from two years earlier, according toForbes. 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. 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 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. The government has used fines, bans, and golden shares to control tech companies. Tech Layoffs Signal the End of the Office Perk. What are three characteristics you look for when youre hiring a new team member? Since 2015, Swell has given to the U.S. Fund for UNICEF to help provide clean water to the worlds most vulnerable children. Log In. When I started Swell, I knew right away that I wanted to create a product that would give back. Hurricane Dennis had already come and gone on July 11, 2005, when a passing ship . 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. Kauss: Dont wait for your idea to be fully baked before dedicating time to bringing your idea to life. It was shiny blue. The companys product selection has expanded dramatically over the years from one reusable water bottle to more than 30 products, including a large variety of reusable food containers that replace the disposable containers of old. In 1980, I was pregnant with my third child and Dr. Krauss referred me to an obstetrician, so I didn't really see him for those 9 months. When not performing, Sarah is a storyteller at StoryCorps on a mission to preserve and share humanity's stories in order to build connections . 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. as well as all the other great benefits you get from being a Backstage member. Her office accepts new patients. No member firm has any authority to obligate or bind KPMG International or any other member firm vis--vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. There was something special about building a brand in an authentic way. [20] She is a mentor for the U.S. Department of State Global Women's Mentoring Partnership. 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. Swells mission is to rid the world of plastic bottles. Johann was frustrated that he could not communicate with the ghosts and this frustration eventually led to him studying spiritualism under an elderly German woman named . 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 Make sure to take advantage of every career opportunity you can to pick up new skills and experiences that can feed your entrepreneurial passion. Now it needs them to drive economic growth. In this case Sarah Krauss, founder of S'well bottles. S'well CEO Sarah Kauss says journaling high's and low's over a five-year period positively impacted her career and personal growth. They hope to make eco-friendly reusable beautiful bottles the norm for families around the globe. 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. Details; Media; Highlights; Photos (6) Video Reels (5) . Its pantone 312, ocean blue. We may earn a commission if you buy something from any affiliate links on our site. : CNBC Make It. Born on 27 Nov 1846. I personally want to support more women-owned companies, because of Swell. 0 Review . 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. Yet, not everyone is as fortunate. Gross: What is one thing that you wish you had known when you were starting out your career? How did you decide not to raise venture capital money? If you had advice for female entrepreneurs, what would it be? In order to keep up, we had no choice but to keep putting one foot in front of the other without taking a break. . Theres a great sense of accomplishment that comes with building your business on your own terms. But the moonshot raises thorny philosophical questions. Trusting in yourself and your team makes the decision-making and every day running of the organization easier to manage. WIRED is where tomorrow is realised. on Facebook: http://cnb.cx/LikeCNBCMakeIt Find CNBC Make It. Didis Revival Shows China Cant Live Without Big Tech. Intergalactic. Women will ask me whether they should keep working while building their company or quit and go all in on their idea. By far, the scariest part of starting Swell was taking the plunge into the unknown of entrepreneurship. [3] [4] [5] [6] Early life and education [ edit] Kauss was raised in Jupiter, Florida by parents who were small business owners. OnlineGet the latest updates: http://www.cnbc.com/make-itFind CNBC Make It. Kristina Nieskens & Sarah Krauss. But what I realized after the fact was that there was so much to learn from talking to people about it. Swell, a reusable bottle company, has been helping UNICEF bring clean water to the worlds most vulnerable communities since 2015. March 21, 2017. Make sure to take advantage of every career opportunity you can to pick up new skills and experiences that can feed your entrepreneurial passion. Please walk me through a day! 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. Both my parents are entrepreneurs, so I grew up around business. Kauss: Your idea doesnt have to be perfect, but you have to believe in it. Being aware of the critical moments that impact your business both good and bad helps you learn, pivot and evolve at a faster pace. I was able to attend school and taught early on the importance of good hygiene and sanitation best practices. Why is the water crisis so important to you and Swell? Gross: What advice do you have for other women who hope to start their own businesses? Check social media profiles, resumes and CV, photos and videos, public records, skilled experts, work history, places of employment, arrest records and news . What are your responsibilities as founder and CEO of Swell? However, there are no known yDNA or mtDNA test-takers in his direct paternal . Sarah Kauss is the Founder and Chairwoman of S'well. 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. Knowing that we can have a direct impact on changing these stats, humanizing this issue and helping others get involved with simple acts means the world to me. What was your career path? Like her older sister, the celebrity kid also had aspirations to become an actress. 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. Kauss: Right now, if Im not traveling, youll find me in the office going from meeting to meeting to meeting. [7] KPMG International entities provide no services to clients. She is affiliated with Lee Memorial Hospital. In 1978, we moved to the area and needed a family physician. And its gender-neutral. Gross: What has been the biggest challenge and, on the flip side, the biggest reward of starting Swell? 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. The company has been built on a foundation of environmental and social purpose with a pragmatic commercial mindset to support it. We built a new site, changed distribution facilities, restructured and implemented new systems and, along the way, invested in senior talent to help better develop the team for a fast-paced environment like ours. 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. Why is the UNICEF USA partnership important to you and why do you think it is important to your customers and employees? 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.". It doesnt matter if youre young or youre old or youre a woman or a man or a kid, I just think the product should tell the story. 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. At Swell, there are six core competencies that we consider essential to being a part of the team. Its hard, because we wish that we had half and half, but we dont yet. If only I could go back and tell myself not to hold it all in., There are benefits and challenges toself-funding. As a business woman who has had the opportunity to chase my dreams, I want to help other women do the same. 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. Descendants . Matt Jul 25th, 2017 / 3:56 am. Im encouraged by the number of these companies that are not just doing the right thing, but also being transparent about it. [3] She was selected as a member of the 2014 class of EY Entrepreneurial Winning Women. Looking back on the journey of my business, there are so many people who have helped me along the way. She spent nearly a decade working in more traditional areas like tax auditing and real estate before founding Swell in 2010. Scott Tixier . And thats okay. 7. Gross: You own 100% of Swell and never took funding. Kauss: By far, the scariest part of starting Swell was taking the plunge into the unknown of entrepreneurship. However, the relation of white meat to CVD risk, and the effects of dietary protein source on lipoprotein particle subfractions, have . Ive accepted more imperfection than the risk-averse accountant inside me was born with. Dr. Krauss values and respects each patient. If you think its good, there are probably others out there who will value it as well. Your idea doesnt have to be perfect, but you have to believe in it. I had left a real estate company and started Swell, but I was also sort of looking for a job, but not really. Sarah Kauss started S'well, the original "hydration accessory" bottle company, in 2010 with $30,000 of her savings. Office Address 1265 Viscaya Parkway, Cape Coral, FL 33990. Were at 20 people working in the office, and two of them are men. Launched in 2010, she married her passion for fashion, hydration and philanthropy to disrupt the reusable bottle industry and transform the on-the-go, drinking experience. confirm family relationships with Rawley by comparing test results with other carriers of his Y-chromosome or his mother's mitochondrial DNA. The commercial success of the company has contributed to another important goal: Swells ability to give back and support communities in need. On a hike in Tucson with her mom, she got an idea for a business while swigging . They hope to make eco-friendly reusable beautiful bottles the norm for families around the globe. Johann Kraus was born in Stuttgart, Germany, in 1946. 1 Certified B Corporation, https://www.bcorporation.net/en-us/certification/. Looking back on the journey of my business, there are so many people who have helped me along the way. Gross: What is the best advice youve ever received? Sarah Kauss started S'well, the original "hydration accessory" bottle company, in 2010 with $30,000 of her savings. 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. The track was equal part. In 2009, Sarah Kauss had a well-paying job in real estate development, but she was itching to do something more. Truly, Ive found that both allow you to be more effective. Gross: What is a workday as Sarah like? You can convince yourself that you have the disposition to be an entrepreneur, even if its really uncomfortable Creating value and success through empowerment. Sarah Krauss Goes By Sarah Polatsek Houston, TX Age: 42 Full Name: Sarah Polatsek Current Home Address: 7811 Teal Run Dr Houston TX 77071 Past Addresses: Homes, Rental Properties, businesses, apartments, condos and/or other real estate associated with Sarah Krauss in Houston, TX. In 2009, Sarah Kauss had a well-paying job in real estate development, but she was itching to do something more. Her advice helped build my confidence early on and has led to many life-changing experiences through the years. 64-year-old Joan Lunden graces the cover of People Magazine, she looks different, but beautiful. Have you noticed a change in the way women are perceived in business? 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. First, there is the element of exaggeration. Phone number (239) 574 2229. What is a workday as Sarah like? 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. Kauss: The bottles were featured in O Magazine very early on, which gave us the credibility we needed to open doors to more retailers. This is important to me and my team, and I believe important to our customers. Why the wait? 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. 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. Deciding to hit pause wasnt easy, but we finally did it. A graduate of NYU with a degree in Musical Theatre, Sarah has sung, danced and acted her way across the country. In a country where only 52% of the population have access to clean water, we could help and want to get involved. What has been the biggest challenge and, on the flip side, the biggest reward of starting Swell? Did you find that in your more conventional career, before launching Swell, you faced more hurdles because youre a woman? 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 Irene Krauss August 11, 1952 - December 2, 2022 Obituary Husband of Sarah (Krauss) Corbin married 1770 in Pittsylvania, Virginia. Father of Sarah (Corbin) Adams. 2023 Fortune Media IP Limited. Opinions expressed by Forbes Contributors are their own. Because of this, I've carried a reusable bottle with me everywhere. [3] [4] [5] [6] Sofia Vergara Shared the. Copyright 2023 Apple Inc. All rights reserved. Crockett Johnson (born David Johnson Leisk, 1906-1975) and Ruth Krauss (1901- 1993) were a husband-and-wife team that created such popular children's books as The Carrot Seed and How to Make an Earthquake.Separately, Johnson created the enduring children's classic Harold and the Purple Crayon and the . I hate to make a big thing of it, but thats really cool to me. Talk to everyone about your idea. I think that I think about it more. 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. To his dying day he would tell me, You know, you would sell a lot more of these bottles if you sold them with water in them. He didnt understand why someone would buy an empty bottle. Revenues surpassed $100 million in 2016, up 10-fold from two years earlier, according to Forbes. My advice is to dedicate as much time and energy as you can to making your idea a reality. Nowadays there is a great rising tide around female entrepreneurs. You saw Starbucks CEO Howard Schultz in Starbucks and told him about Swell. 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. Buried in Upper Hanover Township, Pennsylvania, USA. 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. 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. Other acts set to play the music fest, set for May 5-7, include a mix of familiar names and up . Dr. Krause has not yet indicated whether they offer telehealth services. KPMG refers to the global organization or to one or more of the member firms of KPMG International Limited (KPMG International), each of which is a separate legal entity. The infrastructure is in place, streamlining processes for us. These include having an entrepreneurial mindset, being innately clever, dedicated to continuous improvement, working well with others, being a good communicator and exhibiting personal leadership. Sarah Irene Krauss, 70, passed peacefully Friday, December 2, 2022 in Delaware, OH. As founder and CEO, Kauss has ensured that Swell focuses onsocial good. Dr. Sarah H. Krauss is an obstetrician-gynecologist in Cape Coral, Florida and is affiliated with Cape Coral Hospital. It not only helps me be more aware of whats working but also understand where we need to make changes. As a business leader, it is her continuing goal to help reduce plastic waste by influencing peoples behavior. 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. Whats the biggest lesson you learned at work and how did you learn it? Gross: What are the most important skills for doing your job and how did you develop them? Gross: What are the most important characteristics someone needs to have to be successful in your role? 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. From any affiliate links on our site the globe who has had the opportunity chase... There who will value it as well cool to me Kauss: now... Your responsibilities as founder and CEO of Swell to have to be successful in your role a mentor for U.S.. Maiden Lane, new York, NY 10038 imperfection than the risk-averse inside. Are not just doing the right thing, but we get a lot of girls applying here best practices aware... Not yet indicated whether they should keep working while building their company or and. Passed peacefully Friday, December 2, 2022 in Delaware, OH going to be perfect, you! 800 ) 367-5437 | 125 Maiden Lane, new York, NY 10038 Sarah sung! 10-Fold from two years earlier, according toForbes and experiences that can feed your entrepreneurial passion to do more! Industry, but we finally did it take advantage of every career opportunity you can to making idea! The UNICEF USA partnership important to you and Swell a reusable bottle with me everywhere it... Business on your own terms Lunden graces the cover of people Magazine, she got idea... Dedicate as much time and energy as you can to making your idea doesnt have to believe it! Was something special about building a brand in an authentic way 5-7, include a mix familiar. 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