In this episode of The Diary Of A CEO, SKIMS co-founder Emma Grede discusses how her East London upbringing and her mother's financial struggles shaped her drive for success. She shares her approach to building successful businesses, including her focus on core competencies and her strategy of hiring "T-shaped leaders" who combine deep expertise with broad business understanding.
Grede opens up about her personal life, including her fertility journey and experience with surrogacy. She describes how therapy has helped her navigate both personal and professional challenges, and explains her perspective on work-life balance, including how she maintains a strong partnership with her husband while managing their business endeavors. Throughout the episode, she emphasizes the role of self-belief and determination in achieving goals.
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Emma Grede's upbringing in East London by a single mother profoundly shaped her character and future success. Despite her father's absence, Grede benefited from strong male role models in her grandfather and uncles. The financial struggles she witnessed in her childhood, particularly her mother's constant anxiety over bills, instilled in her a fierce determination to achieve financial security and stability for her own future.
Grede emphasizes the importance of focusing on core competencies and maintaining sharp customer focus. In building her team, she prioritizes attitude over experience, seeking what she calls "T-shaped leaders" who combine depth in specific skills with broad business understanding. Grede's approach to innovation involves taking calculated risks, as demonstrated by her successful identification of a market gap in the denim industry, where she pioneered an inclusive approach to sizing.
Grede attributes her success to her strong self-belief and what she calls "grit." She views her identity as a black woman in predominantly different spaces as an advantage, crediting her family's deep love and security for her confidence. Grede openly discusses her use of therapy as a tool for personal growth and advocates for visualization combined with action, sharing how she's seen her childhood visualizations become reality through proactive effort.
In discussing her fertility journey, Grede reveals the challenges she faced, including multiple rounds of IVF and losses, ultimately leading to a successful surrogacy experience with twins. She speaks about balancing her ambitious career with family life, crediting therapy for helping her navigate this challenge. Grede describes her partnership with her husband Jens as "unbelievable," highlighting their weekly date nights and mutual support in both personal and professional growth. Their success, she suggests, comes from maintaining genuine interest in each other's perspectives and a shared commitment to growth.
1-Page Summary
Emma Grede's journey from East London to entrepreneurial success is a story shaped by early life experiences that forged her resolve, ambition, and values.
Emma Grede was raised by a single mother in East London, and she credits this experience with molding her into the person she is today. With a household of four girls to manage, Grede had to take on significant responsibilities from a young age, including helping raise her siblings. This instilled a strong work ethic and a culture of reliability and honesty. She reflects that, despite the challenges, the mentality she adopted from her upbringing was one of achievement and possibility: that success was attainable through hard work, regardless of where one started.
Grede learned to be responsible not only for herself but for the well-being of her family, focusing on stability and safety, which became more important to her than leisure and play. It was this early emphasis on responsibility that honed Grede's skills of self-discipline and focus, which later translated into her business acumen.
Though her father was absent, Grede doesn't feel that she suffered from 'daddy issues.' She believes that this is because of the strong male role models she had in her life, such as her grandfather and uncles. They provided her with a strong sense of what positive male influence looked like and helped to fill the gap left by her father's departure.
Emma Grede openly discussed the financial strains her family faced ...
Emma Grede's Personal Background and Formative Experiences
Emma Grede illuminates pivotal aspects of founding and cultivating a successful business, from the grassroots of sharp focus on her core competencies to the structural strategies involving optimal hiring practices and bold innovation.
Emma Grede outlines the importance of focusing on one's strengths and core activities to drive a business forward. She emphasizes the need for knowing oneself and the business, regularly checking in to understand market and competitive dynamics. Grede is relentless in her pursuit of goals, concentrating on customer obsession, and mastering a set of core products, a strategy that implies deep understanding over broad diversification.
When it comes to building the right team, Grede stresses the importance of recruiting top talent, while she is decisive in her approach to pruning the workforce to keep operations running at peak performance. She places a high value on fresh perspectives, which encourages her to consider input from new employees, as their objective views are vital in maintaining a fertile environment for continuous improvement.
Grede's hiring strategy focuses on attitude, typically over experience, searching for so-called T-shaped leaders who offer both depth in a specific skill and a breadth of understanding across the business. She continually practices thoughtful hiring decisions, understanding that a strong company culture can bring an individual from average to excellence.
Furthermore, Grede takes personal responsibility for maintaining the company's culture and trajectory, which also involves making tough decisions like downsizing when necessary. Grede reasons that a part of her job as a leader is making challenging decisions to safeguard the business and its employees.
Emma Grede's journey is highlighted by her willingness to take risks and innovate. From transitioning business models to stepping into unfamiliar territories such as creating a new apparel company, Grede’s methodology epitomizes the power of recognizing and seizing opportunities that may lie beyond one's comfort zone.
She successfully identified and fi ...
Principles and Strategies for a Successful Business
Emma Grede’s journey to success is a testament to the immense power of mindset, resilience, and self-belief. Her approach to business decisions, handling obstacles, and personal growth exemplifies how these traits can drive success.
Emma emphasizes her clarity and certainty about her business decisions, relying on her vision and trusting her gut, which indicates a profound confidence in her judgment and self-belief. She views her identity as a black woman in predominantly different spaces as an advantage, attributing her increased capacity for learning and openness to the deep love and security provided by her family. Her ability to disregard external noise and internal fears and to focus single-mindedly on her goals further underscores her strong sense of self-worth and conviction.
Emma Grede credits her success to having “grit,” implying that it is her determination and perseverance that drive her forward. With a mentality focused on doing something special and a “I’ll do that” approach to volunteering for any task, Emma exhibits a proactive attitude and strong self-belief in her capabilities. Steven Bartlett even suggests that Emma's early responsibilities and independence significantly contributed to the development of her current resilience and self-belief.
Emma shares candidly about using therapists throughout her life to help her navigate different challenges, including being a better parent and balancing her ambition with parenting. She views therapy as a vital tool for growth, showing how personal development is integral to managing setbacks. Her experience with taking a community anger management course exemplifies the importance of actively seeking to improve oneself and one’s relationships through external support and self-work.
Mindset, Resilience, and Self-Belief In Achieving Goals
Emma Grede has faced significant struggles and learned profound lessons on her journey through fertility challenges, balancing ambition with family, and collaborating with her husband for support and growth.
Emma Grede shares a deeply personal fertility journey, highlighting the value of openness and support systems during such difficult times.
Emma wishes she had been more open about her fertility struggles, realizing the potential for support had she discussed with friends who had gone through similar experiences. She emphasizes the importance of planning for children and encourages more dialogue on fertility, which is often kept secret among women. Emma had an easy time getting pregnant with her first two children, but subsequent attempts revealed unexplained infertility, leading her through multiple rounds of IVF and the loss of a baby three times at different stages, which she found heartbreakingly difficult.
During the isolating time of COVID, her fertility journey was "very, very difficult" and "so destroying." Emma eventually chose surrogacy, which led to the birth of her twins with the help of what she describes as an "incredible woman," who she had a "beautiful, amazing partnership" with. Despite the sense of shame or loss for having to use surrogacy, she expresses profound gratitude for the experience and the selflessness of another human being.
Effort and constant re-evaluation are required for balancing personal ambition with parenting responsibilities.
Emma acknowledges that achieving success demands honesty about the efforts needed and that employees have their responsibility regarding personal life arrangements. Her approach to this balance involves seeing a therapist to help her be a great parent without losing sight of her ambitions. She makes an effort to balance career demands with personal time, such as spending time in Malibu and on the beach on most weekends. This ongoing effort is indicative of her commitment to finding equilibrium between her professional and familial roles.
Emma's collaboration with her husband, Jens, fuels both her personal development and professional aspirations.
Emma and Jens frequently discuss various aspects because they work together, and Jens uniquely under ...
Emma's Personal Life Challenges and Lessons Learned
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