Beautycounter: Gregg Renfrew. She Built Beautycounter to $1B… Then Got Fired From Her Own Company

Beautycounter: Gregg Renfrew. She Built Beautycounter to $1B… Then Got Fired From Her Own Company

Gregg Renfrew started a movement by making better-for-you cosmetics, then enlisted an army of women to build the business through direct sales. But after selling Beautycounter, she was pushed out of the company she created.

Then she got to do something almost no founder gets to do:

She bought her company back. Then lost it again. Then took the risky step of rebuilding it into a new brand, now called Counter.

This is a story about ambition, humility, and second chances.

Gregg learned her first lessons by launching an early online wedding registry and selling it to Martha Stewart. She briefly led a clothing company and was summarily fired—by messenger.

In this candid conversation, Gregg talks about the bold innovation she brought to the beauty industry, and the lessons she learned from working with difficult people—including, at times, herself.


What You’ll Learn:

How to build a movement—not just a product

The hidden risks of “growth at all costs”

Why direct sales (done right) can outperform traditional DTC

The emotional toll of being fired from your own company

How to rebuild your identity after losing your business

What it takes to come back—and do it differently the second time


Timestamps:

(00:06:15) – Selling Xerox machines and getting doors slammed in her face

(00:08:09) – The early inspiration for an online wedding registry.

(00:16:44) – The brutal lesson of the dot-com crash: “growth at all costs”

(00:21:58) – Standing up to Martha Stewart: “I was cocky.”

(00:23:51) – Getting fired as CEO… by messenger… in front of her team

(00:32:47) – The moment she realized the beauty industry had a massive gap

(00:35:25) – “Clean beauty didn’t exist”—and why that made it so hard

(00:47:04) – Building a 60,000-person sales force, scaling to hundreds of millions in sales

(00:46:40) – Selling Beautycounter for $1B… and losing control months later

(01:00:13) – The emotional aftermath of being pushed out—and what came next


This episode was produced by John Isabella with music composed by Ramtin Arablouei. It was edited by Neva Grant with research help from Noor Gill. Our engineers were Patrick Murray and Jimmy Keeley.


Follow How I Built This:

Instagram → @howibuiltthis

X → @HowIBuiltThis

Facebook → How I Built This

Follow Guy Raz:

Instagram → @guy.raz

Youtube → guy_raz

X → @guyraz

Substack → guyraz.substack.com

Website → guyraz.com

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Denne episoden er hentet fra en åpen RSS-feed og er ikke publisert av Podme. Den kan derfor inneholde annonser.

Episoder(835)

Advice Line with Joe Gebbia of Airbnb

Advice Line with Joe Gebbia of Airbnb

Airbnb co-founder Joe Gebbia joins Guy on the Advice Line, where they answer questions from three early-stage founders. Plus, Joe shares an update on his latest entrepreneurial adventure: Samara.Today...

30 Jan 202551min

Fanatics: Michael Rubin

Fanatics: Michael Rubin

If you’ve ever bought sports merch or bet on a big-league game, you’ve likely spent money on Fanatics. It’s a massive one-stop-shop for sports, founded by a guy who could barely read growing up. What ...

27 Jan 202556min

Advice Line with Katlin Smith of Simple Mills

Advice Line with Katlin Smith of Simple Mills

Simple Mills founder Katlin Smith joins Guy on the Advice Line to answer questions from three founders about knowing how, when, and where to go “all-in.”First, we meet Scott in Minnesota, who’s lookin...

23 Jan 202549min

Resy and Eater: Ben Leventhal

Resy and Eater: Ben Leventhal

When Ben Leventhal first started blogging about New York City’s restaurant scene in the early 2000s, he was doing it as a hobby. But as the website Eater gained weight and spread to other cities, it b...

20 Jan 202555min

Advice Line with Jack Conte of Patreon

Advice Line with Jack Conte of Patreon

Patreon co-founder and CEO Jack Conte joins Guy on the Advice Line, where they answer questions from three early-stage founders about marketing and building community.First we meet Zac from Indiana, w...

16 Jan 202552min

Bombas: David Heath and Randy Goldberg (2022)

Bombas: David Heath and Randy Goldberg (2022)

David Heath and Randy Goldberg saw an opportunity to disrupt a long dormant—and arguably boring sector...socks. They met at a startup in their 20s, each already had their own side hustles before they ...

13 Jan 20251h 21min

Advice Line with Lara Merriken of LÄRABAR (October 2024)

Advice Line with Lara Merriken of LÄRABAR (October 2024)

LÄRABAR founder Lara Merriken joins Guy on the Advice Line, where they answer questions from three early-stage founders. Plus, Lara discusses her latest venture: a coaching service for entrepreneurs.F...

9 Jan 202550min

Raising Cane's: Todd Graves (2022)

Raising Cane's: Todd Graves (2022)

By his early 20s, Todd Graves knew exactly what he wanted to do—open a restaurant near Louisiana State University that would make four things better than anyone else: chicken fingers, crinkle-cut frie...

6 Jan 20251h 21min

Populært innen Business og økonomi

stopp-verden
dine-penger-pengeradet
lydartikler-fra-aftenposten
rss-penger-polser-og-politikk
e24-podden
rss-borsmorgen-okonominyhetene
rss-skravla-gar
finansredaksjonen
rss-pa-konto
pengepodden-2
livet-pa-veien-med-jan-erik-larssen
pengesnakk
tid-er-penger-en-podcast-med-peter-warren
morgenkaffen-med-finansavisen
rss-sunn-okonomi
rss-markedspuls-2
liberal-halvtime
utbytte
lederskap-nhhs-podkast-om-ledelse
lederpodden