From an Extra Bedroom to 20 Stores and Counting: How Kendra Scott Created a Multimillion-Dollar Jewelry Empire

From an extra bedroom to 20 stores and counting, Kendra Scott's rise to success in the jewelry industry is as inspiring as it is impressive. In the early days of her nascent business, Scott sold orders out of her extra bedroom while simultaneously raising two boys and figuring out how to pay rent. With multiple personal loans funneling into her tea box Kendra Scott Design, she persevered through sleepless nights and nagging worries.

Despite these humbling beginnings, Scott's unique fashion sense quickly caught on, and orders for her original samples began pouring in. As the employee count grew from just herself to over 350 by late 2015, stores began opening up across the country. Today, with 38 retail locations in operation, Scott predicts that there will be even more to come.

With her store writing a new chapter in the history of jewelry collection, it's easy to forget that not too long ago Kendra Scott was just a single mother using a Baby Bjorn to juggle the demands of running a small business out of her home. But thanks to her unwavering determination and vision, Scott has built a multimillion-dollar empire that shows no signs of slowing down anytime soon.

In 2008, Scott finally found success with her uniquely shaped stone Danielle earring, which became an instant hit in the fashion world. The large distinctive slab earring retailing for under $100 was the tipping point for Scott's brand trademarks, making her jewelry instantly identifiable. The Danielle earring started showing up on red carpets worn by celebrity fans such as Mindy Kaling, Brooklyn Decker, and Sofia Vergara.

In 2010 Kendra Scott Design opened its first retail store in Austin, Texas. Growth accelerated rapidly, and revenue exploded as locations grew to include related beanies and tees. Shaun Neff built his company bigger by aggressively seeking out new opportunities; this was Kendra's natural instinct. She approached big names such as Bill Fields and Cynthia Harris at Gap North America to help with selecting retail locations. Kendra worked hard to identify blind spots and make smart hires to sustain hockey-stick growth. She even hired Lon Weingart for his extensive retail experience; he stopped paying rent on his store and brought Weingart onboard just before the company opened its first retail location on Rodeo Drive in Beverly Hills.

Despite a glitzy celebrity-filled opening party that sustained interest in the store for months afterward, it closed shortly after due to slow wholesale purchases based on brand recognition alone. However, Kendra Scott is slowly expanding outward with stores launching in major markets like Washington DC, Chicago, Los Angeles and Canada Goose has grown from a small outerwear company to an international luxury brand with a New York City location.

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Even the smallest extra bedroom can be artistically transformed into your own creative space. Start by clearing out any unnecessary clutter and creating a blank canvas for your imagination to run wild. Consider adding a drafting table or desk with ample storage and organization options to keep all of your supplies in one convenient location.

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Creating a comfortable home office atmosphere is essential, especially if you're working from home. An extra bedroom can be transformed into a productive workspace with a few simple adjustments. A midcentury modern-inspired home office features bright pops of color, cleverly reimagined closet space for roomy bookshelves, and a filing cabinet providing plenty of storage.

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Do you have an extra bedroom or guest room in your house that's just collecting dust? Why not turn it into some extra bucks by listing it on Airbnb? With the right preparation and a few key items, you can transform your space into an inviting and profitable Airbnb outfit.

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