Jenn Hyman: You Can Build A Billion-Dollar Business And "Have It All" | Success With Moira Forbes
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- Опубліковано 22 лип 2024
- “I'm here to assure you that you can have it all,” says Jenn Hyman, co-founder and CEO of the disruptive fashion technology startup Rent the Runway, in an interview with Moira Forbes. Hyman remains one of the few female founders to helm a billion-dollar empire, and the first to attain elusive unicorn status while also nine months pregnant. “You can have the life that you've always dreamed of having. And I think that it's crazy that I used to think that that was impossible.” In a landscape where outdated stereotypes are just one of the many challenges female leaders face as they rise the ranks, Hyman is busting the myth that high-achieving women must choose between a fulfilling career and achieving life ambitions beyond their professional pursuits.
Since co-founding Rent the Runway in 2009 after attending Harvard Business School, Hyman has gone on to raise over $500 million in funding, growing the business to over 11 million members and revolutionizing the $2.4 trillion fashion industry along the way. Change has extended far beyond her professional life too, and Hyman stresses the importance of this in her evolution and success as a leader. “My whole life has changed. I'm married, I have kids, I have a much more balanced life than I had in the early days of Rent the Runway,” she says. “But that doesn't mean that I work fewer hours now; I still work with the same level of intensity. But I think that it's extremely important to have other things in your life that you are as obsessed with or more obsessed with than work.”
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For those who wonder she started her company with her rich husband's money, and went to school with the top 1%. I've nothing against her or wealthy people, but I think it needs to be said. Also her company reported considerable loss since mid-2019 due to bad leadership and the whole COVID situation sure won't help. Trying to give a fair picture of her business bc Forbes like other media are not doing their due diligence as journalists no more.
Send me sources please
@@ForeignFlexTv basic Google search. Smfh
No, this is not correct. She founded her company in 2009 and met her husband in 2015. Why don't you follow your own advice and do your due diligence?
@@ABA-ex8cu her company took off once her husband invested millions the same year they married. Before that she was a nobody and the company did not raised significant funds before 2015. Following his primal investment, hundreds of millions were invested in venture capitals the next year. Again I think it's fair to say that she would not have the "success" she pretends without his money in the first place.
If she had been sustaining the business from 2009 till 2015 when someone was finally available to invest, that shows great resilence and leadership skills to me.
So true! Focusing on the insecurities makes it seem bigger. Focus on your strengths and you'll never forget your potential
Women can have "it all" just not at the same time....especially if you don't marry a supportive partner who equally contributes, or takes a step back in his career, when it comes to household responsibilities and raising children. Even further, outsourcing childcare responsibilities to extended family members or hired help makes "having it all" much easier.
Very true 👍
That part
What if the partner takes care of everything financially, emotionally, etc
It depends really some women are married and childfree that makes things a lot easier
"Outsourcing child care" lmao. That's how you guys end up raising weaklings and idiots in the West. Fathers not being there for their children. Mothers not being there....smh
"Have it all" is just a social construct that has been imposed on women for years.The idea that you have to be a successful career woman,a devoted daughter/sister/friend/parent,manage domestic responsibilities all at the same time is a pretty high expectation to have from anyone.Well,I've never seen a male CEO being expected to have it all.Why can't we accept that a woman might take lesser domestic responsibilities to get ahead in her career?What's so wrong with that?
People work according to their priorities.
A housewife is as successful as a businesswomen one may have good family other may have good career.
I cannot stand the term have it all. We live and breathe with all we need everyday.. a heart, mind, soul and a body.
Also, most of these women have the finances to 'buy' extra time - extra time to be a wife because you have workers you can hire, extra time to be a CEO because you have domestic help. Privilege.
As a 40 year old woman, I agree. When men have a marriage and baby no one ever asks them "how do you do it?"
@@laurel1865 men and women aren’t the same .
Do not buy into this false statement. Having it all means hiring people to do the things you do as a mother like a nanny, assistant, childcare, housemaid, house chef... Just because you work doesn’t mean you will “do it all” You will just have the money to have it all.
Indeed
If you have “have it all” and can afford to hire people to do those things, most people would. Rich people just like a lot of other people value their time.
Um...duh? Also, yes, it means someone has to organize all that help. Have you ever hired someone? It's not easy.
Yeah but the average person would never understand how much work she put in and the sacrifices. So no, not everyone can have it all.
I understand where she is coming from, I am assuming she meant that it is in everyone's capacity to have it all. Everyone is able to make the same sacrifices as she did if they want to. But, not everyone is willing to pay the price.
Hey you, yes you you can have it all. believe in yourself!
God will ensure you have it all if you put it in His hands and are ready to work ❤
I wànna be around this woman, she exudes wisdom and confidence even at her young age.
True
She's 40. Looks pretty young.
She's a mother of I don't know how many kids, she looks young because she is passionate and always wants explore her potential
This gives me so much confidence!Thank you for sharing this with us! Resilience is such a huge part of any success story you might hear!
Great success story , I admire her . I’m not a natural born entrepreneur but education and experience in corporate America has actually made all the difference. Educate yourself and follow your passion!
This came at the Most opportune time,I love her business model,so inspiring.Thanks Forbes. Thats why I rock with y'all,👑💯✔️
Needed to hear this!
You need to have a network and access to cash in order to launch a biz, something she has had all along.
Yh but millions of other people had the same start/investment and bombed.
This is America - there is always a way out, always an investor or a way to raise money, if you have a good idea or even if you don’t but you can tell a good story
abracadabruh it’s hit or miss , but the point is they had help
Exactly money
Love her work life balance. I’m inspired 🥰
I try to see the gem in her words, unfortunately, she's telling fairy tales, romanticizes her family history and saying nothing practical and substantial to learn.
I liked her confidence and she made some interesting points. I think part of the problem is that we often look for the magic bullet, the tip or trick that will change the tide but I don’t believe it exists. Each person’s story will be different and there is no one-size-fits-all way to success. Ms. Hyman talked about passion and resilience, those are good traits to have and there are many others. Thanks @forbes for sharing this snippet.
Raised over $500m for an online fashion portal? Out of this world this is crazy. And with regards to being a billion dollar company it don't matter if you don't make any profit as long as you've raised a few hundred millions you're a billion dollar company. It's all crazy, Revenue means nothing how much is the next profit?
Thank you
networth isnt determined by profits attained, read a book.
@@powerhouseinco9664 net worth isn't determined by profits? My goodness can't believe I just read that.
@@dopemusic6414 😆😆 i cant believe you cant believe what you just read. Try familiarizing yourself with the accounting 101.
power house inco I can't believe you can't believe I can't believe
Forbes will come out in a year and they will say inside jenn hymans web of lies I don't mean to roast Hyman I mean to roast Forbes
Is this a reference to Kylie Jenner? Lol
They're not doing their due diligence.
Harry, you are a jealous little loser!
@@ABA-ex8cu wtf I dint mean to roast her but Forbes
@@ABA-ex8cu Lol...did you see Kylie's drama???
Have it all
Step1) Attend Harvard
👍motivating.
Confidence is a must have.
Why is there so much negativity in the comments? Lmao. You guys need to do some extensive personal development. There are plenty of people who because millionaires and created billion dollar companies, with a dollar and a Dream. So what if she had money and a good education... the point is, we all have the power of free will within us, and ability. Which is what the point of this video is. To show you anything is possible. Get better not bitter 💜
Exactly... Too much hate
I love you
Nope not plenty of people who made billion dollar companies from 1 dollar. And she is telling anyone can be like her which is not true.
She is amazing! So much insight! Great interview!
Clam and confident demeanour, love it
#funfact that’s who she really is in person.. I know because she was my boss in the very beginning stages of RTR..
And humble
Can someone summarise what she's saying. I'm failing to get the gist of the entire thing....
That taught me something I always struggled with.
So good !! Thank you !!
This is so refreshing to hear ❤️
Great content and huge respect ✊
what is the things someone lack , if someone know how it should be done to achieve specific goal but not being able to put it in action??
Thanks for insight
Proud of be Brazilian seeing this woman
She's not Brazilian.
Interesting, excellent food for thought! I do believe you could have it all, just not all at the same time. If that makes sense. Balance is must.
Thank goodness. A woman that doesn't feel she needs to sing a victim song. Go girl. :)
WTF is the victim song?
I wonder why not
I totally agree with her👏💯
EPICCC ADVICE! 🤍🤍🤍
This is so inspiring.
I like her confidence
You really can have everything you want as long as you are willing to work for it and believe in yourself.
Ah I finally saw the female equivalent of having Cox for a surname… Hymen.
Lmaoooooooo
Good one! Lol
🤣
Underrated
Raiden Midnight HOWLING
Just beautiful ❤️️
see the confidence in her eyes no need to ask already liked her
I love video like this it lets me know I am on the right track xoxo
Successful career and successful life might be two different things. How much of everything you actually need for successful life is wisdom.
when you are jewish upper class women sure you have a good network to start your business. the angle of this content is biaised . an elite becoming successful .. is not it their basics?
Exaclty.. and harvard graduate 🙄
Pretty sure had nannies
Sweetflower so true ... sites like Forbes nowadays don’t tell the whole story anymore . All about the feel good factor for more views thus making themselves richer
Ohh please, stop talking shit...
REMEMBER:
1. Bill gates is the son of wood cutter.
2. Steve jobs had been throw away by his own parents.
3. Elon musk own a billion dollars of company on his own.
💞💞💞YourRelentlessSeries❣️❣️❣️👌👌👌
Love it : Have it all
Lovely ❤️
Shes from an elite private boarding high school. She was born into wealth. In order to be wealthy, u need your parent's money probably 95% of the time.
She went to a public high school though...
@@cookiesncream994 she was born in NewYork and went to Harvard. And has a rich husband.
You do the math.
Poor mindset lol
More than half of the worlds billionaires are selfmade and to go to Harvard you don’t necessarily have to be rich because they provide financial aid but ofc being rich would help a lot
We can keep making excuses or we can begin something with e little one has
I believe I can have it all.
She is Amazing!!
Nice
Interesting name
Everything in life have price on it the game of achievement are walk with positive words by saying I can do it in can achieve it my way to get my dreams no one will stop you push hard think smart way to win your dreams period
Nice.
Work/Health/Family/Friends : Eliminate one to have the three others.
dont forget to tell us the importance of having a rich husband! that always helps!
I want to hear about someone who built an empire coming from a background with no support, resources, money, riches, understands poverty, and so on...oh, wait...hold my wallet, you'll see me my story soon!
Let's connect and learn from each other. Cause am about to start and build my Brand "DMK" in the Real Estate Development Sector in Africa. Thank you
DMK
I agree. It would be definitely great to hear more of those type of stories.
this was the most wasted 5:18 minutes i spent on youtube
i was hearing i me i me only
no real info here
the reality is that there is a way to be successful they just will not tell you
Amazing woman!!
💓💓💓
Ms. Jenn Hyman is a business leader. This is a great interview. Great Role Model!!!!..Napa Valley Fan Woman/Entrepreneur....
So similar way of speaking to Sushmita sen❤️
A good name is rather to be chosen than great riches, and loving favour rather than silver and gold.
😍😍😍
Factual
🤔so you're telling me i can have a billionaire business empire AND have it all? no way. where's the camera? 👀😅😂
Billion dollar business here I come🤞🏼🙏🏽
I pray one day I will become a billionaire and you will have interview with me.
We are in yet another tech bubble. People like her are benefiting from it, and then humble brag about their hard work.
someone's bitter 😆
Don't worry, her fake gains will become real loses very soon, as well as people riding the tech bubble.
What technology are you talking about? Aren't you using technology to write your thoughts?
This firm made possible a simple idea i.e. allowing people to rent clothes instead of buying it. And they were the first ones to do it.
How does "tech bubble" come into the picture?
of course, she is talking of having it all because she had to do almost nothing to set up her business, I am tired of seeing Fobes trying to elevate this already rich woman to an even higher status by pretending that they started their business from scratch and without the hand me out money from their already wealthy husband!
YES women can HAVING IT all but we mistake having it all with DOING IT all.
We can do anything we want but we can NOT do everything ourselves we must be okay to delegating things that are important but are just not priority right now so that you can have a good quality life.
SFA2020
The title for this channel should "FORBES WOMEN"! Be clear guys of your intentions
🙏🏾
Have it all? SOMEONE has to pay the price... and they most definitely will. Change the title is all I'm saying
what does "having it all" means?
Whatever your "all" means.. Its personal, where you get to and feel truly fulfilled deep down.
Everything you ever wanted
SighJustFoundOutSheHasAnAutisticSib~Respect💞💞💞💞💞💞💞
Why are some people playing the woman card now. She is a business person.
Beshi bujhe arekjon
You can have it all *in america*
i literally don’t understand what she’s even saying. i feel like she’s acting a character and piecing buzz phrases together
I need investment
Bars
when u reading too much google quote this happen
Not y’all discrediting her in the comments 🤦🏽♀️
Harvard educated and government education is two different things hence the €£$
You don’t have to go to Harvard or any fancy expensive university to be successful. Most successful people didn’t even finish school. And school teaches you to be an employee, work for money and not an entrepreneur. School doesn’t teach you how to be rich, no matter what school you go to.
As a civil engineer .
Not is this failing economy.
The economy will be fine
Yeah right
I don’t understand a word that was said here. What was this even about?
112 Abundance
but that last name though
Make some video about failures...........
Hi
🙌✨🙌✨💥💥 ice spice
You MIGHT have it all.
Either you put your priorities into being a good mother or a good business woman. You can't have it all and no one should expect you to. I often hear men being praised for neglecting their families and putting all their energy in business. With women they have to juggle everything. Absolutely ridiculous expectations 🙄
I agree to a certain point. I would choose to be a good business woman since I don't want children.
this is so sinister because its so untrue
Jenn Hyman, I am in awe of you :)
😍😘
I love how she doesn't make excesses for being a woman, she just gets on with it.
🙏🔥
As a man thats wack of you to say. And its spelled “excuses”.
@@AntoineTroupe lol how ?