Aspire with Emma Grede - Aspire with Gwyneth Paltrow: Why Being Early Is Better Than Being Liked

Episode Date: May 6, 2025

Emma sits down with Gwyneth Paltrow for an unfiltered conversation about ambition, evolution, and the emotional toll of leadership. Gwyneth opens up about her radical pivot from Academy Award-winning ...actress to founder and CEO of Goop, the challenges of scaling a brand born from personal passion, and the intense public scrutiny that’s followed her journey. They dive into the emotional complexity behind ambition, navigating layoffs as a woman leader, and how Gwyneth balances personal growth with her brand’s identity.  If you've ever wondered what it really takes to reinvent yourself—and stay true to your vision even when the world has strong opinions—this conversation is for you. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

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Starting point is 00:00:00 I am so excited to share my debut book with you or Start With Yourself, which is available now. You might have seen the headlines, you might have seen the social, but this book is exactly what I intended, a conversation that will make you think, and it's a blueprint for anyone who wants success without the toxic positivity. Start with yourself is about self-leadership, because wherever I go, women ask me how I got to where I am. But what you really want to know is how you can get there. So I'm doing what I do best, sharing and navigate keeping what's works for me in the hope that you can borrow from a philosophy that has served me so well. The truth is I'm not an expert. I've just lived it. I've made the mistakes.
Starting point is 00:00:40 I've had the failures and I've learned what actually works. It takes a lot. It takes the most. And this book is for anyone who's tired of feeling like a passenger in their own life. It's about taking responsibility for your thinking, managing your emotions and getting clear on your ideas and then knowing your next step. It's about picking yourself up after failure, being accountable, but also forgiving yourself, pushing for wins, and never, ever apologising for your ambition. It's also about challenging the rules that you've been told. There is no perfect time. Balance isn't the goal. Alignment is and there's nothing wrong with you wanting more. I'm precisely sure that the reason I've been so successful is so I can
Starting point is 00:01:22 share it with you. Start with yourself. My debut book is available now. Visit emigre.com to purchase the book also available on Amazon, your favorite audio platforms, and all good bookshops. Ambition comes in all shapes and sizes. At First Citizens Bank, we roll with your goals because we're built for what you're building. Fit for your ambition for Citizens Bank. Own it all. Pay off your home, travel for life, drive a Ferrari. In celebration of the world premiere of the Monopoly Big Board Buckslot Machine by Aristocrat Gaming, Yamava Resort and casino at San Manuel is giving one person a $1.6 million dream package. The biggest prize in Yamava's history. Club Serrano members can earn daily instant prizes and secure a spot in the finale
Starting point is 00:02:08 May 29. Don't pass go and own it all. Only at Yamava, celebrating its 40th anniversary. You win? Details at yamava.com must be 21-20. Please gamble responsibly. Monopoly is a trademark of Hasbro. Hasbro is not a sponsor of this promotion. The most important thing I always say to founders like, is it going to kill you not to do this? Otherwise, don't. Don't do it. You know, it was so me the way I got divorced, I was like, okay, like, what is the best way to do this? Like, let me go, gather data from everyone who was raised.
Starting point is 00:02:45 That's the beautiful thing about being a founder and an entrepreneur. Like, I don't think you ever learn as much about who you actually are and what you're made of. My guest today is someone whose first name is all the introduction she needs. She's an Oscar-winning actress and the founder and CEO who built Goop from a simple little newsletter into a global lifestyle brand. Now, depending on who you ask, she's a visionary, she's a cultural lightning rod, she's out of touch, she's ahead of her time, she's doing too much, not enough. Or maybe she's just doing what she wants to be doing and what only she can. Welcome Gwyneth Paltrow to aspire. I'm so thrilled to be here.
Starting point is 00:03:22 I'm so happy to have you. Just really, really excited to have the conversation. It's an honor, honestly. You're so lovely for saying that. So I want to take you back a little bit because I think we all know you how we know you. We know you as Gwyneth, the actress, the Oscar winning actress, I should say. But I think that for so many people, you know, we think that there's a time and a moment in our career where there's a pivot on the horizon where we're in something and whether we like it or not, whether we need to or not, there's kind of this burning desire to do something else. And I'm so impressed with you because almost like at the height of your career, you decided I'm going to do something else.
Starting point is 00:04:01 So I want you to kind of take me back to 2008. Maybe it's even before 2008 when you were like noodling. What gave you the idea that you should start your own company? I guess, idiocy, naive-te. I mean, foolhardiness. I was so lucky to have the acting career that I had. You know, my mom is an incredible actress. My dad made TV show, so I grew up very much in it. And my mom, when she was on stage, she was like the most whole synthesized, like a live version of herself. And so I wanted to do that. You know, I wanted to be on stage and feel like that power that she was kind of radiating. And I had my heart set on that path. And I never really, even thought about anything else. I was like, this is what I want to do. This is what I want to do.
Starting point is 00:04:58 And I did it. I had a lot of success. I wasn't good at saying no. So I was doing like three movies a year, five movies a year. And I really kind of burnt out. And also it was at a time, you know, I think I hope Hollywood's a bit better now, but it was a bit, you know, of sort of sexist culture in certain respects. And I don't know. It's just I had my daughter. And I was just like, I think I need to not do this right now. Like, I need a break. I need to put this down. I want to be home.
Starting point is 00:05:31 Luckily, I could afford to take a break and not go back to work. And I just kind of took three years and had my kids. And I really started to question why I had decided to act. Did I really want to? Did I still love it? It was like a lot. I kind of gave myself the space to examine it and reflect. And I was like, I just don't know how I feel about it.
Starting point is 00:05:56 And at the same time, I had been doing movies all over. And I had always had this incredible curiosity when I was, you know, filming in Naples or Paris or Toronto. Like, where do I go? And this is pre-internet, right? So, like, where's the best pizza? Like, is there a good, you know, pajama store? Like, where all the cool kids going? And there was, like, no way to find that information.
Starting point is 00:06:19 there was no like aggregation of of, you know, tips that were resonant for me. And so I would, I would always take notes and I would ask like the cool makeup girls, like, what bars do you go to? And like, even in Paris sometimes if there was a really cool looking person, I would stop them on the street and be like, can you give me like your five best Paris things? So I kept these reams of information. And then at the same time, because I was acting and I earned money before my friends and I bought. a house before my friends. I learned to cook before my friends. And I learned to like pick out wallpaper before my friends. So my friends would be like, how do I roast a chicken or like, where can I go buy wallpaper? And were you that person at that time? People would come to you for that. I was always
Starting point is 00:07:03 that person. So finally, I was like, maybe I should just like put all this in a website. You know, that was like very new on the internet. And that was sort of like, that's how basic it was and how like heartfelt. And yeah, it was just. So it wasn't like, let me create a business that takes me away from this Oscar-winning life. It was actually, let me aggregate all of this information that I have somewhere. And then I think I had a secret, I was harboring like a secret desire that maybe I could turn it into a business at some point. But of course, I didn't have the authority. I didn't know how. So I just thought, you know, I'll just, this is like, I have such a passion for me. I'm just going to do this. And then I'll see maybe if anything comes out of it at some point in the
Starting point is 00:07:48 future. So at what point did you get the idea that this was something that you could actually monetize and turn into a proper business? So it's funny because, so I think for about four or five years, there was no monetization. I was just, yeah. I was just writing newsletters. No. And people would stop me and say, like, what are you going to do? And what are you going to do with this? And I, I didn't know. I didn't even know how to think my way around. Like, I didn't even know what business. models could be applicable to something like this. Because this was like pre, you know, this was really early. And so at this point, it's like you, did you rope in a couple of like journalists friends? No, it was me. No. I was by myself. And you're like, tick, tick, tick, tick, tick. I like learned
Starting point is 00:08:36 how to mess around with Mailchimp and WordPress. And it was like me and I had an assistant and that was it. And you would just make recipes. Did you have a grand plan? Did you have like, a content plan and an idea of what you're putting out or where you're just like, this is what I feel like. This is just what I feel like. Wow. So it really was that organic. And it stays that way for four or five years. It stays that way. Zero monetization. But weren't you a bit like, I'm winning? I'm giving these tips. I need to see some kind of back end because I would be like that. I'd be like, what is happening? I'm giving this free information out, somebody pay me. I'm always looking for someone to I know, but this is why you're where you are and this is why where I'm. So because,
Starting point is 00:09:18 Because I think as an artist, you create to create. Yes. You create to put something out in the world. And you don't really think, I mean, of course, you get a paycheck, but it's not kind of the burning reason why you're doing something. And it's only in business when you start to reframe it and think like, okay, what's the ROI on all my time? And so that was like a slower burn for me. But at a certain point, you know, and I had ended up investing a lot of money in this business. Of course.
Starting point is 00:09:46 I thought, you know, maybe I should try to. to think about how to monetize it. And then other people were saying, you know, you've really got something here. You've got a ton of engagement. And so that's when I started to think about how. And I started with some partnerships, basically. It was kind of like a mini media model. Like brand partnerships? Yeah. Like brand partnerships. You said that you'd put a ton of money in. This was your own money? Or had you started to raise at that point? My own money. So you took your own money that you had, you know, earned. And you just plowed it in thinking, I just, I love this. I'm a creative, if he wants to give something back and that's just where my heart says to go. Exactly. Wow. That was
Starting point is 00:10:23 unbelievable. Okay. So at what point did you have the realization that this is something that could pay? It's interesting because so we kind of had a media model at first and people were paying and sponsoring shoots and I thought like this feels fine but it also feels like the reason that this works and is resonant with people is because it's really authentic. And I started to worry that if it was me being paid to talk about things, even though I was super strict, like, it had to be a brand that I genuinely loved or used. You know, that makes the aperture really narrow. And also, I didn't want to be a content factory and I didn't want like a Clix model and all this. So I had done this piece, this content piece on the French pharmacy, like all of the great things that, you know, and like I go to Paris and it's like all the thing. So I did a piece, a content piece on all. all the things that I loved from the French pharmacy. And it was like, you know, the retinaic cream, the retina. Yeah, the embryos, like all the things we named.
Starting point is 00:11:26 Homeoplasmine and all the things, you know. I still use that. Me too. And I was on the street and a woman stopped me and she said, oh my gosh, I love Goop. I love your newsletter. I wait for it every Thursday. I love the piece on the French pharmacy. But she said it was so frustrating because I was spent like three hours on
Starting point is 00:11:47 Amazon.fr trying to buy the lip balm and she said, I wish I could have just clicked to buy it. And I thought, oh my gosh, you know, this could actually be like commerce as a service as opposed to like a transaction. Totally. And I was like, this is actually valuable for her
Starting point is 00:12:08 if I offer things to buy. And so that's how the e-commerce started. Wow, that's unbelievable. And at that point, I just don't think there were that many editorialized platforms that were doing that, right? Like, even the model wasn't fully fleshed. It certainly wasn't what it is today. Absolutely not.
Starting point is 00:12:25 There was no model for that. There was, it was really, really early. So you're there. You understand there's a glimmer of an idea here. How do you go about building a team, raising money? I feel like, you know, because I think that we look at you and we're like, yeah, she has about it all figured out. But it does feel like this business came about in such an organic way.
Starting point is 00:12:46 And so many people that are listening will be sitting in their corporate jobs or thinking about starting a business. Where did you start? How did you start with those things? So I was actually at a cocktail party in London at a friend's house. And this woman came up to me. And she said, hi, I'm Juliet. I'm a VC. And I was like, what's a VC? You know, and she was like, were you? Yeah, I had no idea. English Juliet. English Juliet. No, I know Julia. I love to get Bobbiting. I mean, she's one of my favorite people. She's incredible. Yeah, she's incredible. And a huge champion of female founders.
Starting point is 00:13:18 Huge. Huge. And she said, you know, I really love what you're doing and what are you doing and do you want to turn it into a business? And I said, I do, but I don't really know how to do it. And she actually introduced me to my first CEO, a guy named Seb Bishop, whom I adore, and I'm still really close. In fact, I just had his birthday party at my house last week. And he came on board and he helped me start to think my way around how to do this. and how to build a team.
Starting point is 00:13:48 And he was running Project Red at the time for Bono. Right. And he was ready to kind of go back into e-commerce. And so we started to build a team and started to do collaborations and started to develop a supply chain and build an e-commerce engine on the site, which we chose the wrong one, but that's fine. And it was like just a slow process of us thinking through how we, were going to, you know, offer this curation and offer special product to people. And that was
Starting point is 00:14:22 kind of like phase one. It was when I was in London, very early stages of goop. I had another CEO. And then I was going to move back to L.A. or not, you know, move to L.A. And unfortunately, his mother became ill with leukemia. So he couldn't come. And that's when I moved. And I really started trying to run this thing kind of by myself. So it wasn't like a conscious decision. I'm going to get rid of this guy and become the CEO. That just kind of happened to you. You move back to L.A. And what's like, what is, what does the business look like at this point? Was it like a functioning business with a staff and, you know, a set of, you know, priorities and a business plan? Or is it still something that you're just figuring out and tinkering with? Still trying to figure it out.
Starting point is 00:15:12 I was trying to just get people around me who were really passionate. I had this little team in London, which I knew was going to be really hard to keep while we were in L.A. And so I was slowly kind of, I was repatriating the company here. And I had this little barn out back in my house in Brentwood. And, you know, slowly there was one woman there with me, then two, then three, then there were eight, you know. Then we were starting to build our own product lines. and we grew. Oh, you started that early. We started, I think in 2016, we started with our first product lines. Okay. Wow. But it feels, first of all, I think it's so interesting that you say,
Starting point is 00:15:51 you started to hire people that were really passionate. Because I always hire for passion and, you know, attitude over experience. You weren't trying to look for like e-com experts. You were like, who cares about what I'm doing? Yes, because I think in a way, the model is really evolving and it still is. And so I think one of the mistakes I've made, you know, subsequent to that is sort of like outsourcing expertise in a way where there's not flexibility. And I find with people who are really passionate, they're like problem solving, you know, as opposed to like, I was here, this was a playbook, this is how it worked, this is what I want to bring to Goop. Like that tends not to work for us. Yeah. So sometimes I think, you know, it's difficult to find people who have domain expertise
Starting point is 00:16:38 and are really passionate. But I agree with you. I think that passion is what's going to drive the curiosity and the problem solving more than domain expertise. I couldn't agree with you more because I feel like when you get really seasoned experts, my number one thing is that I need you to also be flexible. Because if you're coming to me from any other company where you've had this like real understanding of the business,
Starting point is 00:17:05 I want that experience, but I need you to come to me and have the flexibility to. to do things differently. Exactly. The start with yourself tour kicks off on April 15th in New York City. Tickets are on sale now at emigre.com. So tell me about when you decided there's a business here and I'm actually going to go out and raise finance
Starting point is 00:17:33 and take this very seriously. Yeah. I'm trying to remember what year it was. It was probably, you know, I want to say 2013, 2014, 2015, in there somewhere. That's interesting because that's, that's almost eight, well, six, seven years after you started. So a long journey of like figuring this out and trying to understand what it was. A long journey of trying to figure it out. And then I started to coalesce around like, I think our unique proposition, which is to curate,
Starting point is 00:18:09 that clean beauty was super important to us. You know, we were so early in that space. People And at that point, we were curating other people's products before we started to make our own. There was really no, like, kind of more aspirational, efficacious, clean, truly clean, clean beauty. So we were like, okay, well, we'll make it. But we, the reason why we started to raise money essentially was because my biggest investor, he invested in another company. and they were at their board meeting and they were reviewing the numbers and early in the quarter
Starting point is 00:18:47 all of a sudden, say it was like customers down here, the customer acquisition count jumped way up and then for the rest of the quarter it was like a really high quality customer. They had come back and back. There was a great LTV and so your cohorts were banging
Starting point is 00:19:03 or they were banging in the other business. They were banging the other business. Got it, got it. And my investor said, what happened on, this day. And they said we were on this thing called Goop. Oh, bad thing to happen to him. You're seeing it somewhere else. You didn't even need to tell him. So he called me, actually. And that's how I first took venture money and how I started to put the plan together of how we
Starting point is 00:19:32 were going to do this and create a business. Did you have a plan for the money and were you the CEO at that point when you raised. We had an interim CEO when I was kind of learning. And so, which was really helpful because she kind of, you know, I still have a really hard time asking for money. You do? I do. I, I, I, I, I don't like fundraising. Really? I don't like it. I just don't, I just don't, I just don't like it. I just, you are kidding. Oh my gosh, I would love to be you fundraising. I'd be like in my bull gown, just like, coming in, I would love it. I've arrived. I do a speech. I honestly, I feel like it would be so powerful to be you fundraising. I think, and you know, I think also because when I went out and
Starting point is 00:20:19 started doing it on my own, I think it wasn't, it's very, as you know, I mean, probably, maybe not for you, but it was really hard. You know, it was hard to raise money. I think a lot of people took the meeting because their wife was a fan. They wanted a selfie. Yeah, and they wanted to see you. They wanted to see me. And they weren't serious. about the business and I had so many nose. Could you, can you detect that? Like, how's your bullshit helmet? Do you look like, did you walk in and be like, I ain't getting this check?
Starting point is 00:20:48 At first, I was like, oh, they're so nice. They're going to write you. And then I was like, oh, this is just a selfie meeting. Yeah, yeah. This is a selfie meeting. Fair enough. Yeah. That's like very, very difficult.
Starting point is 00:20:58 Yeah. So you raise your first bit of money. You have an interim CEO at the time. You have a plan for something that's really emerging. Is there a moment that you sit back and you're like, like, okay, this is a serious business for me now. This is something that's actually going to be my life and not kind of these recommendations and this fun sort of purpose driven thing for me. It's actually going to make me a bunch of money. Well, I'm still waiting for that to happen.
Starting point is 00:21:26 More about that later. But yes, I mean, I started to feel that, you know, what we were doing also had, like, I think our values are and were so strong. I really believed in what we were doing. I really believe in, you know, not only clean beauty and clean products, but this idea of, like, being of service to busy working mothers who want the kind of the best of the best quickly. They want to know how to optimize themselves. They want to know how I'm optimizing myself. You know, they want access to good information, good recipes. Like, they don't want to waste any time. And I love providing that. As I said, like when I started, that's who I always had been to my friends. And I love being that for the women in the goo community and the men too, you know. So I thought it was a very worthwhile pursuit. And also it's, it's really fun to sort of, you know, when you're an actor, you're kind of waiting for someone to give you a job. Like you can't really express yourself, you know? It's like if you're a musician, you can pick up a guitar. If you're a writer, you can sit down and write. But when you're an actor, like, what are you going to do? Go in there and, like, do a monologue in the mirror, you know? And it's very frustrating. I never thought about that. It's like you don't have agency. And I think this is why a lot of actors are drawn to become entrepreneurs because it's kind of like a twin spirit, but you can actually execute on something that you, you know, you can ideate, you can execute, you can put it into the world. It's yours. And it feels like, but it does have that artistic streak running through it.
Starting point is 00:23:04 Yeah, no, I completely understand that. And I think, especially when you're in a business like the one that you've created, because it does feel so intrinsically you. There's things that we didn't use to say, that we didn't use to know. And you constantly have introduced new ideas, I think, to the culture, right? To the culture at large. But you also got your fair share of backlash for that. Oh, yeah. I feel like for, well, certainly for women more generally, but female founders, female CEOs, they just get it so much harder than men. did you anticipate that? And then when it started to happen to you, because I feel like there's parts of, there's parts and times when, you know, the headlines of, I'm sure, have been very beneficial to your business, but there's also times where it just feels like it's just been vicious. And I wonder how you dealt with that and both sides of it. So in the early days, it was really hard. It was really hurtful because, you know, it was coming from the best possible place And, you know, and also, to be honest, I have always been really ahead of the curve.
Starting point is 00:24:10 So I would talk about something, write about something, and people would freak the fuck out. Yeah, what? And then, and now they're like multiple, you know, it's like, I remember when I wrote my cookbook called It's All Good. And it was because my son had really bad eczema. And the pediatrician said, you know, you got to cut out gluten and dairy and sugar. I was like with a toddler, like how? And so I did this book and there was, you know, one headline that somebody should call social services on me. Like that kind of thing.
Starting point is 00:24:44 And now, of course, like gluten-free is like a trillion-dollar industry. So, but what started to happen was by pattern recognition, I could say, okay, I'm going to say something. I'm going to talk about, you know, how I'm addressing an issue, whether it's divorce, whether it's, you know, trying to get my kid off gluten for a time being. whatever. And everyone's going to freak out. And then everybody's going to adopt it. And so I, you know, I think I was able to get that perspective. But it didn't mean that it didn't hurt. I mean, luckily, it's like all that stuff always does drive traffic to the site. Thank goodness. And one time I did, you know, like a sort of sentiment thing. And even when, even like if people were like, oh, we don't like Goop this week because like she did said something crazy. We don't, you know, it always went up and to the right.
Starting point is 00:25:35 Yes. You know, the set. Yeah, we're still coming there to look and to buy it. And the curiosity was such a huge part of what you had. And I do think that you introduced ideas like, you know, conscious uncoppily. Like, I remember reading that and being like, what is she talking about? But then it was so like, it was like a revelation. and a breakthrough. And it wasn't like it wasn't happening, but you put a label on it for people that
Starting point is 00:26:01 was like, this is it, this is how you do it, this is what you call it, and this is what it looks like in real life. And it was just such a moment, I think. Yeah, yeah. And I mean, God, and at the time, if you can imagine, you know, I'm really suffering, right? I'm getting a divorce. I'm getting separated. I have little kids. And I really believed in what we were doing. It's basically that all started because, you know, it was so me the way I got divorced. I was like, okay, like, what is the best way to do this? Like, let me go gather data from everyone who was raised in a divorced family and figure out. What is the way to optimize for this situation? What is the way to optimize this? It's not what I want. You know, we all want to like be married
Starting point is 00:26:48 to the parent forever. Of course. So I was like, how should I do this? And I actually talked to a lot of people who were children of divorce. And the common denominator, what everybody said, it wasn't that their parents got a divorce. It was that their parents, it's that they, one, you know, a dad would drop them off the end of the driveway. Yes. And be like, I'll see you next week. I don't want to see your mother. It said the mother would roll her eyes or say something bad about the father. And that was what had hurt the kids and caused the trauma. No doubt. It's the dysfunction between the two parents playing out and the kids having to choose sides and decide what to do. Exactly.
Starting point is 00:27:27 And that is the opposite of the way your life works now because you have one big, beautiful, blended families. It's really nice. And it wasn't easy to do. You know, it was, it definitely took a lot of work. But I remember at some point, like the therapist that we were working with kind of was talking us through something and I had a penny drop. And I thought, you know, we're not.
Starting point is 00:27:53 a couple anymore, but we're a family. We are a family and we're going to be a family forever and let's figure out how to be a family without being a couple. And so that's sort of how it all came about. No, it's incredible. I do think though you're someone who is so resilient and that is an attribute. No, I mean, you must be because otherwise you'd just be a puddle of a woman. The amount of mean things that have been written about you and said about you. And I often think that when I meet female or any founders, right? Resilience is such a key attribute when you start a business because so much goes wrong, so much is thrown at you, so, you know, things that you could never anticipate. How do you think about building your resilience? Is this something that is just,
Starting point is 00:28:39 it's in you and you were always like that? Or is it a muscle and you've trained yourself to become more resilient? I just wonder how you even think of, or do you think about it at all? I don't think about resiliency. I, I was really, Raised to be resilient. Right. My father really made me stand on my own two feet as a kid. You know, I think the ways in which, you know, we all grew up in a time where, you know, we were talking about before.
Starting point is 00:29:06 It was different, right? And so I think we all had some degrees of adversity in our households, which made us resilient. Then I chose acting, which is like 7,000 knows. You're not good enough. You're not pretty enough. You're not this. You're not that. And just, you know, kept going.
Starting point is 00:29:21 And I think it's because like, it's almost like if you are holding your future and you believe, like, you can see it and you know that it's yours and it's for you and it's coming, you have no choice but to get up and just keep going, keep trying, you know, looking at something differently. What am I doing wrong? Why did I get this hit? Like, is there a better way I can say this or do this? And it's been like one long exercise in resiliency, I think. And I never give up. I never quit. Like I think part of that is really intrinsic to me.
Starting point is 00:30:01 Like there are certain circumstances that I've been in where I feel like, you know, it probably would be a lot easier to bow out of this because that's just not me. I'm like one of those things, you know, you punch and they pop back up. But it's so interesting because I think that is. what makes an incredible entrepreneur because people imagine once you're out of a situation where somebody else is telling you what to do, that suddenly it gets easier. And I think when the decision is all on you to go left or to go right, it actually is so much harder. And there are things that happen in companies. And I know that you've been through lots and you must have over
Starting point is 00:30:39 all of the years. There are so many difficult decisions to make. Is there ever a time when you are like, I actually can't do that. This is just too much. If you have to, at those moments in the company where you're like, I just can't go. Yes, multiple. Yeah. Multiple moments. I mean, I really thought when COVID happened that we were going to go out of business. Same.
Starting point is 00:31:02 Same. I had one sort of period in our history where I had the wrong team and they were not, some of them were not putting the goop business first and it almost all fell apart. like in a terrible way. People that you trusted. People that I trusted. I was like, I'm done. I can't do it.
Starting point is 00:31:26 Then I had all of our money was in a bank that collapsed a couple years ago. Oh. Remember that? Yeah. That little crumble. Yeah. That little thing. I was like, okay.
Starting point is 00:31:37 Like there have been so many, you know, even and then even sometimes I think because it compounds, right? And it's like sometimes I've had days like that. were, you know, I don't know, they change the Facebook algorithm and you can't like get a customer. You're like, what? And you're like, I quit. I just can't do this anymore. I don't know how to make it work anymore. Like, I don't know how. I can't scale this business if they keep changing the algorithm. You know? So, same, same, same, same. So it's just like, I think it is, it does wear you down. And some, some events feel catastrophic like a bank collapse or when you are like, am I going to make payroll or not, you know? And. And so. Some of them feel small, but I think I have them all the time. I think all founders have them all the time. And at a certain point for me anyway, I was like, when I gave myself permission to let it collapse, I was like, because that was the thing I was holding against myself.
Starting point is 00:32:37 Like, if this doesn't work, I am a failure. I am a bad person. Like, I am not worth it. And I sort of had to go through the exercise of like, if it fails, I will be okay. Yes. It will fail. It fails. And I will still wake up in the morning.
Starting point is 00:32:58 Like I thought I had conflated it. I thought like if it fails, I die. I fail. And I can never do this again and I'm not worthy and it's because of me. Right. And I think that that is such a female point of view. And I talk about this all the time. You're right.
Starting point is 00:33:14 Also because we're not giving grace, you know, in the media, in the business community. It's like this woman did this thing again. And it's like, you know, men get to start and fail and lose and piss people's money away. I mean, it's incredible. It's incredible. It's incredible. It's a double standard out there. I talk about this all the time, too.
Starting point is 00:33:33 Do you think that you've become better at dealing with those things? Or do you think that you'll forever relate to them in that way and you're just like, you've strengthened in that muscle to get through it? I wonder if it actually changes over the year. years. I think it does change because now, I think what happens is, like, I now have the experience and I have, you know, all of the Dharma, all of the work I've put in. And I keep somehow making it through. And I keep getting to new milestones. And like, I'm not where I want to be yet. But like, it's been a lot, 17 years of this, you know, like, even though it wasn't a company at first, but sending out this newsletter. It'll be 17 years. So did you ever think? Never. When you started that 17 years later,
Starting point is 00:34:21 you'd still be doing this? Never. Never. I just can't imagine. You do? I still love it. I love that you still love it. I love it. It's so hard, but it's so rewarding. And I love the people that I work with. And I've learned so much. Like, that's the beautiful thing about being a founder and an entrepreneur. Like, I don't think you ever learn as much about who you actually are and what you're made of, maybe in your marriage. But those are like, for me anyway, those are the two most revelatory roles I've had in terms of like getting close to myself and understanding myself. Definitely.
Starting point is 00:34:55 And I also think that if you are, you know, if you're the type of person that's constantly analyzing what you do, why you do it, why these things are happening, how you handle them, it is a little bit like in a relationship or parenting for me. I'm like being a parent and being a parent and being. a founder and entrepreneur, these are the places that I am learning every day about myself, like it or not. And if I'm not learning, someone's going to point it out to me. Do you have those people in your life that you've been able to lean on? Or do you feel like you're a bit of like a solo person creating your own thing? I just wonder. Yeah. I mean both. Like,
Starting point is 00:35:30 I mean, you know, on the way in this morning, I talked to my brother for an hour in the car. Like I'm very, very close with my family, my friends. I've had my best friend, Mary, we've been best friends since we were four years old. I have people around me who really have my best interest at heart, my husband, who is so brilliant and he's such a beautiful observer of behavior. And he will, he asks me questions in such a beautiful way, but that hold me accountable or that asked me to hold myself accountable for things. So I think I've never, I'm really lucky because it's never been my instinct to surround myself with yes people because I see that a lot. You must.
Starting point is 00:36:15 And I have never found that interesting. It's interesting. In your own company, do you think, have you been able to bring those people into the business that are able to challenge you? Definitely. Because that's hard. Not everybody has that. That is hard. And I think, but I approach it.
Starting point is 00:36:30 Like, I am an extremely collaborative leader. And I think sometimes it's actually been to the detriment. of the business. And so my work is more around being decisive and feeling like, it's okay if someone disagrees with me. This is what my instinct is telling me and this is what we're going to do. Like, that's my lesson more than I need to hear the hard truth. You know what I mean? Yes. So that's really what I say is final and I'm going in that direction. It's so hard for me, Emma. Is it really? Yes. No. I want consensus. I want everyone. I want, everyone to feel aligned.
Starting point is 00:37:09 And I know. That is not what we think about you. I'm going to have to. That is not how I do it. I need to come shadow you, I think, for a week. Well, it's interesting because I think that that comes from a place of, you know, I feel like I made a lot of good decisions. And there are things that maybe went against the grain.
Starting point is 00:37:26 And I would imagine for someone like you who has done things that we didn't even know existed or created products that there was just like, you know, no obvious need for. But then suddenly we were all like, okay, we need this thing now, that you would feel conviction and that you would just be like, no, we're going my way. This is not a democracy. This is not a consensus building exercise. It's like, that's the way we're going. But when you've raised money, right, and you're trying to follow the data, you can make data-driven decisions. Like people are coming to you and saying the data is showing us X and you feel instinctually Y, right? And you're like, okay, I really think we should do this,
Starting point is 00:38:08 But like, give me an example. Like, when has this happened to you and you're just like, oh, I can't like. Take the vibrator that we made, right? I remember it. I own it. Okay, fantastic. So this was like theoretically a risky product to make.
Starting point is 00:38:24 Yeah. Why would we do that? Look at our customer cohorts. They're into beauty and fashion. Like, why are we going to make something like this? We had certain products and wellness that were not our strongest products because, you know, also in retrospect, like, I'm not a doctor. I'm not a nutritionist. Like, I may think I am, but like, you know, and I may have like research things to that point
Starting point is 00:38:49 of being a nutritionist, but like I'm not, right? So like, why is somebody maybe going to buy an ingestible from us more than from a doctor, right? So certain categories, like they had they're really loyal people, but it was hard to really acquire customers. Also, the margins and wellness were terrible so we couldn't really, you know, promote them properly. You know how that goes. But I felt really strongly that the vibrator was not only a wellness product. It was a movement. And that until we did our vibrator, you know, sexual wellness products were not on shelves from reputable sources, right? It was like the sex shop on the corner, some gross, right? And it was like, To me, it was like, this is a real statement around the fact that women deserve to not feel shame about their sexuality.
Starting point is 00:39:44 Like, pleasure is great, you know, especially if you're like a hard charging corporate women. Like, you're going to need that. Right. So it was like, should we, you know, I don't know. You know, the sort of customer data shows that maybe that's not the right, you know. And we did it and it was super successful. and it was, I think we started a really important conversation. And now, like, there are vibrators in Bloomingdale's.
Starting point is 00:40:10 And that merchant says thank you to me for that, you know? Yeah. I mean, that's like category defining. That's what we call it. You've done so many different categories in the business. How did you decide what to do, what not to do, and how to, like, ultimately, I guess, like, decide to shut things down because everything from, like, the Netflix series, you have clothing, you have wellness, you have beauty.
Starting point is 00:40:33 you've had like vitamin products. Yep. There's just been such a slew of stuff. And of course, the editorial platforms still exists, which I imagine is a really heavy lift. So what does the decision making process look like around those things? Yeah. So I think like for the first few years, it was very exploratory.
Starting point is 00:40:50 It was kind of like, do we have the latitude to go into this vertical and do it? And, you know, certain things worked better than other things. And I think kind of over time, you know, even, even just understanding, like, really looking at the data and understanding, like, our customer really wants to read what we write. They really love our fashion point of view and they really love our beauty point of view. And so until we have so much cash on the balance sheet that we can experiment again, like, let's really focus on those three things and on our food vertical, which has been an incredible success for us. This is a goop food office. Oh, good. Thank you.
Starting point is 00:41:33 We are that Brinkwood chicken salad and those little wraps, we are chowing down on those every day. I'm so happy. Thank you. So, so good. Flowing ad budget on metrics that look great, till the CFO sees them, that's bullspend. And marketers are calling it out in.
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Starting point is 00:42:43 I want to get into the business as it is today because it feels like a really new day in your business. And, you know, I think that you kind of said there was a brilliant article that I read yesterday where you said, you know, like the LTV on the vagina candle customer perhaps didn't shake out as you imagined it would. But it's a really important statement, right? Because we live and learn in our businesses about what's going to work, what is there for, press, what's actually a scalable business. Yes. How was your customer shook out?
Starting point is 00:43:19 What does the company look like today? Yeah. So very strong in beauty and fashion. That and the food, of course. So we're really like strengthening our strengths. Our beauty business grew 40% last year. Well, it won't grow as much this year. So don't worry.
Starting point is 00:43:36 The economy's not working in my favor. That is the new growth. That's what we're saying right now. Just take that one back to your board. Thank you. Okay. You tell him MSSedge. I'm going to write that out.
Starting point is 00:43:49 And our G-label business grew 50% last year. That's incredible. So we really just want to focus on those things. And also, I'm always refining, you know, it's like we've had this great multifashion business. But, you know, as we continue to invest, it's like those, that's a hard business at market. You know, it's so hard. It's like.
Starting point is 00:44:09 It's so hard. And you have to make a decision. Like, what are we going to win out? what are we going to be best at? Because that is read, and especially at your price point, it's a really competitive business. And I think you've actually done a very good job. Like, I know if I want a cashmere sweater for $500, like, you do them beautifully. I know if I want a great stripy t-shirt or a great white shirt. Do you know what I mean? I feel like you have a lane and it's very focused. Like you've done a good job at that. But there'll be other places
Starting point is 00:44:35 where I imagine you go, you've kind of gone off and you've gone on a tangent. What happens when you make a mistake? Because we all do them. Yeah, I mean, I own it and I pivot. Like, you know, take the multi-brand fashion business, for example. Like, that's how we started. And it's sort of like you look at a business like that and you're like, okay, well, we're not losing money on the business. Like, there is EBITA in the business? But is that really the group of the future?
Starting point is 00:45:06 Like, or is there a better way to showcase other brands or the curation which people rely on? us for it without me buying the inventory, putting it in the warehouse, fulfilling it, dealing with returns and all the things that are going to erode that already, like, pretty narrow margin. Yes. So I think I'm constantly trying to think about ways to make the business more profitable and really to lean into what the, like, I'm trying to read the tea leaves of like, what is the customer trying to tell me with her behavior?
Starting point is 00:45:35 Like, I know she loves the multifashion, but is there a way for me to do that in a way that actually strengthens the business? And so that's something that I'm focusing on a lot right now. Yeah. And I feel like reducing complexity because when you get the opportunity to do a lot of things, it can be really enticing, right? You're like, I can do this, I can do this, I can use this. And seemingly the world is your oyster.
Starting point is 00:45:56 Because when you're you, there's just so much opportunity out there. And also, you know, I guess you could just kind of put the group brand on so many things and make it work. So you just have to really reduce what you're doing. Right. Especially the way that I've always done it, which is. is, you know, I was joking with this friend of mine the other day of a celebrity who has a great business and, like, she just stuck her name.
Starting point is 00:46:21 You know, I'm the idiot that's like building brick by brick and trying to find a co-man somewhere and like source raw materials. Like, what kind of a moron? Like, I did it like the hardest, longest way, you know? And so... Do you regret that? No, I don't. No.
Starting point is 00:46:37 I don't. No, because you have product you can be really proud of. I do. Yeah. I mean, I'm slathered in goop body butter now. With the retinal times three, three days a week. I'm like, this is a good shit. It's some really good shit.
Starting point is 00:46:48 Right? But it has to be. Yes. And I take that so seriously. And I don't release anything unless it is the best possible product that I can release. Like, I'm relentless. I'm a psycho perfectionist about product. And if you've surrounded yourself with psycho perfectionists.
Starting point is 00:47:07 Yeah, I have. I have. I really have. Like, especially. And more and more, as we've kind of grown up into a proper company, like, you need to hire people, I think, who are holding everybody to the same standard as you're holding things. You know, it's like if a fabric is not good enough, like, they need to feel it and touch it and send it back, right? It's like, and that's really what gives me leverage to is having people who have a high bar for excellence. Absolutely.
Starting point is 00:47:35 So what happens when you make a misstep? Because I feel like in my career, and again, we don't. talking nearly enough about this. I've made so many mistakes. I've gone off on tangents where I lost money, you know, we started shoes, a good American. It feels like, oh my goodness, like why did we ever try to make sizes four through 14 in three different widths? Like if you wrote like a bad case for, you know, how to, you know, or a good case for how to lose money, that would have been it. And I also feel like that's something that I can write off and say, okay, that was a creatively bad decision. But there are other decisions I've made that have been, I guess, I've taken them more personally because it's
Starting point is 00:48:15 resulted in having to do a, you know, a reduction in force. And that as a, again, as a female founder is something that I took really, really hard. Are there moments for you when you actually just go, I fucked it up and you do end up taking it very personally? How do you get over those things? And how do you even, I just wonder how you framework that in your business because you don't get everything right. And I feel like we're setting people up for a fall if we tell them that we do, we do it right all the time. I mean, I've made so many mistakes. And, you know, so many of the mistakes are also like not questioning, you know, especially because I felt like I didn't, I didn't finish, I didn't finish college, let alone go to business school. Like, I didn't grow up
Starting point is 00:49:04 in a corporate environment. So a lot of my mistakes were around trusting. people who are like, just trust me, not doing my own diligence, you know, to creating the wrong products, to, you know, like spending a ton of time on money and money on something that doesn't work. And I think we've had to, you just have to be graceful and admit defeat and refocus. And but, you know, you just touched on something like when I've had to do reductions in force, that's the hardest thing for me. And one of my friends works at Goldman Sachs, and just every year, they just cut the bottom 10%. Just cut. Just cut. Yeah. And I... As a matter of excellence, right? It's purposeful. And it's like, we only want the tip of the top, the, you know, the cream.
Starting point is 00:49:53 That's right. And therefore, we're just going to keep getting rid of the bottom. I think they do it Facebook. They do it so many of the best in-class businesses. They do it everywhere. Everywhere. And I think as women, we struggle to do that. I also think that, I also think that that when we do that, you know, it becomes a much more interesting story in the news than when men do that. Like, I don't read these stories about Google cutting, you know, doing their, you know what I mean? Never. Right. The stories don't do it all the time. The stories don't get ridden. No, they don't. Because it's much more a story on the other side of how they've cultivated a, you know, like excellence within the workforce, right? It's written that way. It isn't about like,
Starting point is 00:50:32 oh my goodness, she over, you know, she overegged the pudding. She over, she overregged the pudding. She over-expanded the business and now they need to, you know, 20 people need to get fired. Exactly. Have you figured out a way of, you know, I always talk about it as like killing my darlings. Like when I decide like a project is over, a moment is over, we have to make a big change. How have you kind of figured out how you can do that without feeling the heavy burden? Or is it just always heavy? You know, now I feel like I've gotten more clinical about it.
Starting point is 00:51:04 You know, it's like I think it's great. to try. I think it's great to take risks. And sometimes the product market fit is just not there. Yeah. And it's not your fault, you know, it's, or sometimes maybe it could have been there, but you don't have the budget to, you know, like pour tens of millions of dollars into marketing something. And so you just sort of have to let it go. And I think it's important to admit defeat early. Like, that's something that I've learned, too. It's like, if it, if it's, if it's, doesn't, if it's not working, let it go. Yeah, it doesn't get better later. It doesn't get better later. But that decisiveness can be very, very hard to come by. It takes a lot of practice. It does.
Starting point is 00:51:47 It really takes a lot of practice. But you're there now. I'm there now. And as the CEO, these things are your decision. Yes. Because you are the CEO of this company. Yep. Like, that is, that is your job. That is it. You're in the office all the time. That is it. Well, now I live in Santa Barbara, so I'm here less. I'm here a lot. Did you envisage that you would be the CEO, like from the outset? Because obviously you had a couple of people, then you had an interim. How long have you played that role? I've been CEO, I think, since 2016.
Starting point is 00:52:18 So it's been a while. I really do love it. I think I have dreams of like going back to being founder, you know, and having somebody else, especially the parts that are harder. for me. Yeah. Like anything that requires math or an Excel spreadsheet. I love the strategy piece.
Starting point is 00:52:46 But like, do I need to spend time on logistics and fulfillment? Like, I'm getting to the point where I'm like, you know, maybe somebody else, you know, should do that. No doubt. Maybe somebody else should do that. And maybe the business would be, you know, would find like, I don't know, new life if, if, I don't know. Do you envisage that there'll be a time when you can, like, when you'll be out of the business entirely? Or do you just imagine transitioning into founder? Did you build, did you build a company actually that you could step aside from?
Starting point is 00:53:23 I think that's why I didn't name it Gwyneth Paltrow. And, you know, I, and I really want this business to be a legacy that's bigger than, you know, you know, one person. And, you know, I think what's hard is that I am a good and a cheap asset. So, you know, so like if something's not working, they can throw me in a paid ad. And, you know, it's like pretty. The IRA is working right here, right? For sure. But ideally, I would like to get to the point where I'm less consumer facing and more like the heart, like the spiritual part of the place and less the face of the place. But if you could do it all over again, given what you've experienced and what's happened, would you be the CEO of Goop? I think I would
Starting point is 00:54:13 for a while because, again, like, I've learned so much about myself. And it's so fascinating. Like, I love business. It's endlessly intriguing. The stakes are high. It's highly creative. it's also highly quantitative. Like, I don't know how else I would ever have exercised all these parts of myself. No doubt. And I feel like you're very good at it. I mean, you have to have been to build a company to this side. What kind of leader are you?
Starting point is 00:54:46 I think I am. I mean, I guess you'd have to ask the team, but I think I'm a very collaborative leader. I think I'm very warm. I think I'm very inclusive and I am learning to be, as I said, not only decisive, but I'm learning to articulate my expectations, which has been hard for me. So that's like I'm really trying to hold people to KPI's and like have the harder conversations more frequently. Do you think that's harder because you're you? Because you come into the room as Winnith Poutrey. Like there's an expectation that
Starting point is 00:55:26 you kind of have to be like a nice lady to people. You know, I don't think anybody has that expectation of them. They expect that I'm going to be. I don't know. You know, I've never thought about that. But I mean, I think that having been famous for such, you know, I've been famous since I'm like 22 years old. I'm 52. So, you know, much more than half my life. And I think you subconsciously or unconsciously adapt to be a very famous person in the world. And I think it's part of, I take it as part of my role to make people feel comfortable because it can be a destabilizing thing. So maybe there's an aspect to that that I'm not totally aware of. Yeah. I mean, I'm sure there is. Yeah. There must be. But you've built a business that's really, I guess, incredibly sustainable in
Starting point is 00:56:16 that it exists in this lane of its own and you believe it's going to be stable with or without you. I feel like that must feel like such an achievement, no? Yes. I think we have a ways to go until I can completely bow out of the sort of consumer-facing part, but I know it would work without me. What would happen if you walked out tomorrow? Like if you left? I think the team would know what to do. Yeah.
Starting point is 00:56:41 And I think they would figure it out. Yeah. I feel like there's such clarity in the purpose of the business. I don't feel like it would be that difficult. If I was at Goop tomorrow, I feel like I'd be like, okay, I've got these three verticals and I know I'm not allowed to put any shit in the products. Well, do you want to come and run it? I mean, no, no, who knows?
Starting point is 00:56:59 You never know what's going to happen in life. We'll see how this goes. It's so funny. Like you could take another job. Oh, my God. The lady with the most jobs in America. No more jobs needed over here. Let's know that.
Starting point is 00:57:15 When you think about your ambition, you know, because I think that you are a person who is unapologetically ambitious, and we've seen that in so many different facets. from you. And so I just wonder, like, how you think about ambition at this point in your career when you have been famous for 30 years. Like, what are you excited about now? What are you ambitious about? I have great ambition around Goop and really growing it. You know, now that we're kind of out of that post-COVID, like four-year, you know. That was a moment. And now let's, people, let's see what happens with the economy. But I have a lot of ambition around, like, getting this business to scale and getting Goup Kitchen and, you know, all over America.
Starting point is 00:58:00 And also, I think it would be great in the UK and in Paris. Yeah, it was. Do you want a Pret-a-Mange sandwich? Not every day. Do you want your chicken, Brentwood chicken salad? I want my Rout. Exactly. A soggy sandwich.
Starting point is 00:58:14 I'm an L.A. girl now, so I would say that. No, prete-mage for you. No, thank you. No, thank you. And what do you wish you'd have known when you started out? hindsight is such a fine thing and I always I could come up with a list of 50 things I wish I'd have done differently. Do you feel like that? I do. I do. I feel like I wasted a lot of time if I look at it through that lens. Like on the one hand, I do get quite philosophical and I think like everything
Starting point is 00:58:43 happens exactly as it should. And, you know, it's okay that the business has grown slowly and steadily. And, you know, I read once somewhere that there's a Chinese proverb that says, the slowest growing vegetable has the most nutrients. Oh, I love that. And so sometimes if I feel like, oh, I've wasted time or it's taken too long, I kind of go back to that idea that, like, we're always on the right timeline. Even if we see, you know, friends or competitors do something more quickly, it's like, it's not our timeline and our timeline is what it is. But sometimes I look back and I think like, oh my God, like, why did I do that? Why did I, you know, why did I get off Shopify in 2015?
Starting point is 00:59:32 Like, why did I do? Like, why would I do that? I don't know why you do that. I'm still on Shopify. Right? Okay. Why would I get off? Shopify is the best thing since slice bread.
Starting point is 00:59:39 I mean, honestly, it's just amazing. Right. So why did I do that? I don't have an ad from Shopify. If shop, if shop I want to be here, please come because I am the shop, the advocate. for Shopify over here. Okay, well, I got off of it. Someone talked me out of it.
Starting point is 00:59:52 They were like, you're too much revenue to be on Shopify. Get out of town. They're the biggest company. I mean, Skims is on Shopify. Well, this was when it was like, you know, right, exactly. Oh, I need, you know, I need an open source and build yourself. Right?
Starting point is 01:00:06 You know how much money I've wasted? Oh, like, I can't imagine. Yeah. Yeah. And I do feel like, again, there's so much advice for female founders. You know, I can't tell you how many people I talk out of building. their own warehouse or, you know, their own 3pm. I'm like, that's not your business.
Starting point is 01:00:23 No. But I do feel like, especially with businesses where there's a talent at the kind of forefront of the business, there's a moment where you kind of have this period where there can be such incredible acceleration in what you do. And you either jump in that window or you ever so slightly miss it. And it's frustrating to me because I feel like in every company I've ever been a part of, I can look back. even though I feel like I lean into it as much as possible, I can look back and be like,
Starting point is 01:00:51 oh, goodness me. I should have been more, should have, could have, would have. And it's hard when it's you as well, like, because, you know, again, like the weirdest thing about me, I think, is that I'm actually an introvert. I don't like being in front of people. I don't like being in front of a camera. I hate public speaking. So I think that's also hard for me because my first career was all about that.
Starting point is 01:01:14 And my second career is about that to a certain degree as well. Yes, we all want you. Sometimes I'm like, it's the best thing for the business for me to lean into this, but I don't want to do it. Do you give advice to younger founders? Oh, yeah. Do you find you're there doing that? Because I know you invest in like a lot of companies and especially in female founders. What is your advice that you like to give most frequently?
Starting point is 01:01:39 The most important thing I always say to founders like, is it, like, is it? going to kill you not to do this. Oh, that's a good question. Because otherwise, don't do it. Like, you have to know with every fiber of your being that you are alive to do this business. Otherwise, don't. Don't do it. Don't do it. And then I think there are just like certain table stakes things that I wish somebody had told me at the beginning. I mean, luckily, I was obsessed with product like you. So I always made the best possible thing that I could make. But sometimes I think people like don't have a high enough standard. You know, especially in a consumer business, like, you know, you see what happens when it's a one and done thing. Oh yes. And it's not a
Starting point is 01:02:31 business. It's not a business. That's not a business. So like how are you going to obsess around keeping that customer and keeping them engaged and delighting them? It's like it becomes a retention thing. And how did you do that? Like do you? Like do you? Like, do you? feel like you were just born that way and you were the end customer? Like, how did you get into that point of constantly thinking about your customer? Because it's a difference between, like, making a product yourself and serving a customer base. Because I'm her. You are. I'm her. Yeah. And I know what I want. And my customers deserve that. Yeah. I think they do. And I mean, there's a really great way to think about it. Because I think it's hard to be good or to be excellent at
Starting point is 01:03:08 something that you don't feel intrinsically and that you're really far away from being the customer. like one of the top five Goop customers. Are you really? That's psycho. I love that. I am. I need to go back and do a deal for you in your own company. My employment agreement is coming up, so I'll bring you with it.
Starting point is 01:03:28 Renegotiation. It's about to happen. So how do you feel about ambition now? Because there was this amazing quote that you had. And I'm going to read it so I don't bastardize your quote. But you spoke about your relationship with ambition. And you said you have a healthy level of ambition, which I think is so clear from You know who you are and you want the world.
Starting point is 01:03:46 First of all, that you just say that out loud, I want the world. Thank you very much for just being unapologetically ambitious. But then you said that there's another aspect that comes from damage. You say, I want that so a whole will be filled so that other people will find me worthy and lovable. I think I was dancing between those things. And when I look at Goop, your family, the life that you've really curated around you, do you think that you've managed to balance that, like the dance between this healthy
Starting point is 01:04:13 ambition and the wounded ambition. Did you find a balance there? Is it still ongoing in some way? I think that will be ongoing until the end of my life. Like, I think we all have a core or a wound. And I think we hopefully know what it is and we work on it. And it's a lifelong pursuit to make friends with that wound and heal from that wound and not make decisions. from that wound. The other interesting thing is when you cross 40 and then definitely when you cross 50, there's this deepening that happens in your relationship with yourself. And this, at least for me anyway, I've had this sort of like love for myself start to cultivate
Starting point is 01:05:03 really post-50. So, you know, I'm in the past couple of years. And I'm sort of shifting away from this paradigm of like, I need to be something such that this. You know, it's like, no, I just need to be me. And that there's so much power in like befriending yourself and being in integrity and saying what you think, even if it's unpopular or even if you're going to disappoint somebody. And it's this like incredible blossoming that I feel happening. And so I hope that continues to happen more than like, you know, because sometimes I still have my own personal scoreboard against myself, not against anybody else. And
Starting point is 01:05:43 I can be quite punishing, you know, self-punishing. Like, I can be very, very hard on myself. And so my hope is that as I continue to sort of soften into this next iteration of who I am and who I was meant to be, that it will be more of the healthy ambition, it's like I still want the world. I still want to see things and learn and I want to taste food and I want to like risk stuff. and I want to do things I've never done before, but I don't want to do it because if I don't, it will prove to everyone that I'm a bad person. Wow.
Starting point is 01:06:22 Does that make sense? More than you could ever imagine. I feel like there's like a book, a manifesto, like something in there. Because I feel like 50 for so many women is such an age that you dread, right? And the way that you just described it is like an awakening. in and to get to that place where you have so much love for yourself and you can put yourself first. Like, I love that I, that version of turning 50.
Starting point is 01:06:52 Like, I'm here for that. It's pretty great, I have to tell you. It looks great on you. I mean, it really, really does. I do something. I get on the group chat because I have some fierce group chats. I'm like, what do you want to ask her? So this is what they want to ask you.
Starting point is 01:07:06 Okay, I love this. This is for the girls in London. I love this. You're known as someone who still looks like your. which is so nuts. Every time I see you, I'm like, you just look like a better version of exactly what you looked like 20 years ago. It's really nuts. But you're very, you know, we know about Goop, we know about you, you're all about the natural beauty. Is there something that you do that we should all be doing? What is it? Like really, what is it? I mean, so I think it sounds dumb,
Starting point is 01:07:36 but the women who look the best are the women who really take care of what they eat, It's like exercise, it's diet. I know it's true, though. I knew you were going to say that. It's like, it's really true. You were going to go, so there's this guy. I know. Well, but there is, there is also stuff. I mean, of course, there's a lot of guys. But I do think that in terms of like looking good vitality, like you've got to hydrate, you've got to sleep, you've got to eat nutrient dense foods, like you've got to limit alcohol. You got to, I know, you can't smoke.
Starting point is 01:08:11 You can't smoke. No, no, no, we're done with that. Those days are over. Those were the days, I'm like, Paris with a cigarette. So chic, but no, not so much, not so much for the skin. I wanted to ask you about because you're very, very close to your kids. And I don't feel like there's a time that I've ever spoken to you where either they're not around or they haven't, they don't come into the conversation. But you and your daughter, Apple, have a very, very close relationship.
Starting point is 01:08:37 And I wonder if they've ever challenged you or if she's ever challenged you. or if she's ever challenged you on something that you've said or done in public. Oh, in public? Hmm. I mean... Because you're like it happens in private all the time. Yeah. I mean, she'll like take the piss.
Starting point is 01:08:55 Like she'll, like, one time I remember, I was like had my to-do book open. You know, I still was like writing down stuff with paper and a pen. And, you know, she must have been like, I don't know, you know, 13. or whatever, and she was like, make more vagina candles. You know, she'll like make fun of me all the time. Makes fun of me on social media. She does? Oh, my God.
Starting point is 01:09:21 Yeah, totally. I bet she's very, very proud of you, that. She's, she, I think she is. I think she, you know, I think she recognizes how hard I work. And she likes that I actually am a bit of a trailblazer. You know, I think she thinks it's cool. No doubt. Absolutely no doubt.
Starting point is 01:09:38 Which part of Goop still feels like you? what feels like it's just not so much? It all feels like me. Does it? Yeah. Oh, that's so lucky. It really does. I mean, that's an achievement.
Starting point is 01:09:50 16 years in that that business still feels like you. And I think it does. Yeah, it really does. Like, I still, I still care so much. I care about every article and, you know, every marketing campaign and every product. Like, I care so much. It's nuts. I know you do too.
Starting point is 01:10:12 I really do. I mean, I'm a borderline obsessive person. That's how I feel. I'm really proud of it. What's one thing that people assume about you that's completely wrong, but maybe you secretly kind of love it? I think people from afar, I think people can think that I'm cold or haughty or something. Like, I get, like, people have said that.
Starting point is 01:10:36 Like, oh, we thought you were going to be arrogant. We thought you were going to be. And I'm actually like very warm and a huge dork. Like a goofy. Yeah. You know, like I'm very goofy and warm. You're very warm. Yeah.
Starting point is 01:10:50 The first time I ever met you, actually it was the second time. Second time I ever met you, we did a workout the first time. The second time I'd started another one of my ill-fated, just categories. An active line with Good American, there is no more. But I bought a piece of the active. I still have that jumpsuit. That jump suit. I love it.
Starting point is 01:11:09 You took off your workout clothes in your kitchen. You put on the jumpsuit. I thought, could I quickly take a picture? No, don't do that. That's weird. You put it on and you did the whole workout on it. And you were like, this is amazing. And you gave me all this feedback.
Starting point is 01:11:22 And I was like, this is so cool. And you sent me a picture of yourself in it. Still have it. I can't believe that. I love that, Jamesu. Maybe it wasn't so bad, everybody. All right, we're going on to the rapid fire. Okay.
Starting point is 01:11:33 The first thing that you do when you wake up, please. Cut on my husband. Oh, that's a good one. Yeah. What a good one. That's number one. Yeah, and it's the number one thing that you should do. What's the last thing you do before you go to bed?
Starting point is 01:11:46 Cuddle my husband. Oh, that's Brad. So cute. And put in my earplugs and my mouth guard and my mouth tape and all the sexy stuff. So sexy. I'd love to look at you. He's like, that's not what I signed up. No, but anyway.
Starting point is 01:12:01 No, no. What are you currently aspiring for in your business life? Hmm. Let's, that's such a good question. I'll narrow it down to one thing. I guess the number one thing and what feels like the most urgent to me is profitability. You know, like we're supposed to get, like we have a whole plan. We're supposed to get, but I want to, I want to accelerate. You want to accelerate. I would like to, yes, I would like to accelerate. Yeah, I understand that. I mean, it's, it's tough. Yeah. At the time when you started your business,
Starting point is 01:12:36 profitability wasn't the thing. Zero. No one cared. No one cared. They were like, grow, grow, grow, acquire a customer. It doesn't matter. And then all of the sudden, you were like, oh, well, I'm supposed to put money on the bottom line. Really? 180. Yeah. It really was. And I think that if I'm ever speaking to founders, I was very lucky because I had all of these, they hate it when I call them the old guys, but they are fucking old. Like, I had these older guys that sat on my board that were like, don't listen to the youngans. Those D to C fools over there, they don't get it. Wow.
Starting point is 01:13:05 And so John Howard and Andrew Rosen, and actually my husband Yenz were like, EBITR, Emma, learn the words, understand it, put money on the bottom line because when shit hits the fan and it will. Yep. And it did. Yep. That's what's going to save you. And I'm so glad I listened.
Starting point is 01:13:22 And I just think, I don't know, like I thank God every day that that was the point of view because it's really hard to retrofit a business into property. Exactly. And so then you have like, you know, all the. these things that were built in order to, for that first model of direct to consumer, where profitability didn't matter and it was all top line and exactly like going back and undoing a lot of that stuff, like team size, office size, whatever. All the things. All the things. Okay, I'm going to aspire to profitability for you. Okay. Thank you very much. What is something that you're
Starting point is 01:13:57 currently aspiring to in your personal life? It's such an interesting question because I feel like I'm coming into an era where I've really figured out so much balance and where I don't feel guilty about the things that I do to be restorative and regenerative. But I think what I aspire to is like to be out of the grips of this like crazy hormonal phase that I'm in. Are you perimenopause? I learned that term from you. I want perimenopause to end. That's what I aspire to. It's bullshit, right? Bullshit. It's an mate.
Starting point is 01:14:35 And then menopause. So, like, you're just going to go. I know. Well, I'll tell you how that goes when I get there. I mean, again, another conversation you started. I did not know the term. I did not know the doctor. I did not know what was happening.
Starting point is 01:14:46 And you were like, maybe. I was like, no. Yep. Thank you for that. What's a book that's changed your life? Oh, there's so many. I always go back to Mary Oliver's poems. Oh.
Starting point is 01:15:02 Like, she. She's like going to church for me. Oh. And so I have different copies of her different books all over. And whenever I need to sort of reconnect with that feeling of like purpose and that, you know, the world is so much bigger than me or any failure that I have or any disappointment or any happiness, I read Mary Oliver. Oh, I love that.
Starting point is 01:15:28 Okay. That's a really fantastic answer. What is something that you valued when you were starting out? that you don't now. I feel like I still value all the things that I started out valuing. I mean, that is very interesting. Yeah. In itself.
Starting point is 01:15:47 I still have that, all those feelings. Yeah. You know? No, that is a perfect answer. Then I ask you the other way around, is there something that you value now that you actually didn't back then? Yes. Having the hard conversations.
Starting point is 01:16:02 It's like almost every mistake that I've ever made comes from me not saying what needed to be said in the moment because I didn't want to rock the boat or hurt someone's feelings. Every single mistake. Like when I'm on my deathbed, when I look back at my life, those will have been the mistakes that I made. Like I didn't have the hard conversation when I needed it professionally, personally. Wow. What an incredible insight to end this on. I feel like there's so much learning in that again because it's so hard. It's so hard for so many people to just have that level of honesty and also not even just with other people but with yourself often. Right? You're like not truthful and honest and admitting things to yourself. And so it becomes really, really difficult to make the right decisions and to have the right conversations. It's true. Wow. So that's an area that I don't compromise anymore.
Starting point is 01:17:03 Good for you. Yeah. How incredible. I love having you on. Thank you so much for the conversation. Thank you for having me. Thank you, my dear. If you're loving this podcast, be sure to click follow on your favorite listening
Starting point is 01:17:18 platform. While you're there, give us a review and a five-star rating and share an episode you loved with a friend. We'll be so grateful. Aspire with Emma Greed is presented by Odyssey. I'm your host, Emma Greed. Our executive producers are Corrine Gilead Fisher, Derek Brown and me. Our executive producers from Odyssey are Maddie Sprung Kaiser, Leah Reese Dennis and Jenna Vice-Berman.
Starting point is 01:17:40 Justine Dom is our senior producer. Our producer is Kristen Torres. Sound design and engineering by Bill Shorts. Angela Paluso is our Booker, original music by Charles Black. Video production by Evan Cox and Kurt Courtney. Social media by Olivia Holman. Special thanks. go to Brittany Smith, Sydney Ford, my teams at Jones Works and W&E,
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