Jewelry Mogul Kendra Scott Built A $1 Billion Brand From $500 And A Baby In A Carrier — 'Failure Wasn't An Option,' She Said

Kendra Scott built a billion-dollar jewelry company from a bedroom with $500 and her newborn son in a carrier by her side. While she was pregnant, she began wiring stones by hand and realized the market didn't offer much between luxury pieces and cheap costume jewelry. "Extra bedroom in my house, on a card table. 500 bucks, baby. That's it," she told James Dumoulin, host of "The School of Hard Knocks" podcast. Scott officially launched Kendra Scott LLC in 2002 despite having no retail background, outside f ...