How To Fail With Elizabeth Day - Emma Grede - ‘Ambition Is Something I Am Entitled to’
Episode Date: April 15, 2026Today’s guest is a female billionaire: the co-founder and CEO of the Good American inclusive fashion brand and a founding partner of SKIMS, the shapewear and loungewear company. Emma Grede’s close... working partnerships with the Kardashian family have led her to become an advocate for empowering women through business. Now, she’s publishing her first book, Start With Yourself, in which she explores everything from building personal resilience to developing self-forgiveness. In this episode we discuss her East London mindset, her famously controversial (!) attitude towards work-life balance, being a mother of four (her twins were born via a surrogate) and her experience of miscarriage. Female ambition, fertility, the discomfort of hard work…I’m so grateful to Emma for opening up on subjects that are so often shrouded in silence. ✨ IN THIS EPISODE: 03:02 Ambition Loves Discomfort 05:57 Growing Up East London 07:31 ‘Too Ambitious’ 08:34 East London Business Code 11:15 An Employee Mindset 19:13 Work-Life Balance Myth 26:34 Fearless Hustle Mindset 27:53 ITB Rise and Influencers 29:08 LA Office Ego Crash 31:40 Parenting as a Team 32:56 Fertility Reality Check 38:19 Good American Expansion Misstep 46:25 Mother’s Influence 💬 QUOTES TO REMEMBER: I have always thought about ambition as something that I am entitled to as long as I work for it. If you want to be extraordinarily successful… Then extraordinary work is required. You become confident because you know you can get through things and you know what's on the other side of failure. 🔗 LINKS + MENTIONS: Emma’s debut book ‘Start With Yourself’ - is available to buy now The Testaments, a new Hulu original series, streaming exclusively on Disney+ Join the How To Fail community: www.howtofail.supportingcast.fm/#content Elizabeth’s Substack: www.theelizabethday.substack.com 📚 WANT MORE? Melinda French Gates - another extraordinarily successful female philanthropist, who co-chaired the Bill & Melinda Gates Foundation, the world's largest private charitable organization, for 24 years: swap.fm/l/Zr3OTH30YZpvPRiXIkeX Mo Gawdat - an incredible guest who has been on How to Fail FOUR times - most recently in December last year to talk about the most common mistakes we make in love: swap.fm/l/Daw9T2DZbicGt0aOZZVX 💌 LOVE THIS EPISODE? Subscribe on Spotify, Apple or wherever you get your podcasts Leave a 5⭐ review – it helps more people discover these stories 👋 Follow How To Fail & Elizabeth: Instagram: @elizabday TikTok: @howtofailpod Podcast Instagram: @howtofailpod Website: www.elizabethday.org Elizabeth and Emma answer listener questions in our subscriber series, Failing with Friends. Join our community of subscribers here: www.howtofail.supportingcast.fm/#content Have a failure you’re trying to work through for Elizabeth to discuss? Click here to get in touch: howtofailpod.com Production & Post Production Coordinator: Eric Ryan Engineer: Matias Torres Assistant Producer: Shania Manderson Senior Producer: Hannah Talbot Executive Producer: Alex Lawless How to Fail is an Elizabeth Day and Sony Music Entertainment Production. Find more great podcasts from Sony Music Entertainment at sonymusic.com/podcasts To bring your brand to life in this podcast, email podcastadsales@sonymusic.com _________________________________________________________________________ Learn more about your ad choices. Visit podcastchoices.com/adchoices
Transcript
Discussion (0)
I think the idea of work from home culture is career suicide, specifically for women.
I always have thought about ambition as something that I am entitled to as long as I work for it.
I, you know, started a business with Chloe Kardashian and the rest is history.
Welcome to How to Fail, the podcast that believes that failure doesn't define you.
It's how you respond to it that is the true test of character.
Before we get into this conversation, please do remember to like, follow and subscribe.
So that you never miss a single episode.
I have some very exciting news.
My great friend Dan Jones, who you'll know as the host of This Is History, he's a phenomenal
historian and novelist, although I don't really like to tell him that because he's also
very smug.
Anyway, the two of us have known each other for years and we've got a new podcast.
I know, sound the history alarm, we're extremely excited about it.
It's called History's Greatest Fails.
See what we did there?
And Dan and I will discuss, you guessed it,
some of the biggest failures in history.
We'll be chatting about everything from failed romance,
think Henry VIII and Ambo Lin, Anthony and Cleopatra,
as well as overlooked women like Ada Lovelace.
And we'll be chatting about Richard III
and happy accidents in history.
Go and search for history's greatest fails
wherever you get your podcasts or watch on YouTube.
Infamous is the gossip show that's smart.
We talk about Tyra Banks and bringing down top model.
We talk about Jenna Jameson and how she dominated the 90s.
You know, she's horny and she's in charge.
She just was very smart about marketing herself.
We talk about celebrities who maybe shouldn't be celebrities, like the Beckham guy.
Brooklyn is their first kid.
He's had a little bit of the Nepo baby curse.
We investigate orgasm cults.
A woman's erotic power can unlock many other powers in her life.
And, of course, we discuss people who have gotten into lots of trouble.
My name is Molly McLaughlin. I am one of Jen Shaw's many victims.
She was defrauding the elderly, and her tagline was the only thing I'm guilty of is being shamazing.
Listen to Infamous, the gossip show that's smart. The show's called Infamous.
Susan Galbraith was a housewife in Mayfield, Kentucky.
But after a murder in town, Susan took it upon herself to find witnesses who could point to a killer.
She thought she was going to be a hero.
But that's not what happened.
The lies, a lot of lies.
What were Susan's real motives?
She wasn't in it to help them find the killer.
Why then did the cops take her seriously?
It was known that she was getting funds from them.
Susan's son is wrestling with his mother's legacy to this day.
I mean, my mom was, I used the word diabolical.
And perhaps the biggest question of all is, did she help convict an innocent man?
I do feel like that they got the wrong people.
From Sony Music Entertainment and Message Heard, this is My Mother's Lies, available now on The Binge.
Search for it wherever you get your podcast to start listening today.
Subscribers to The Binge can listen to all episodes all at once, add free.
In many ways, Emma Greed is the ultimate.
modern mogul. An East Londoner raised by a single mom who rose to become one of the richest
businesswomen in America. Best known for turning big ideas into some of today's most influential
consumer brands, Greed is the co-founder and CEO of the Good American Inclusive Fashion Brand
and a founding partner of Skims, the shapewear loungeware company now valued in the billions.
Her close working partnerships with the Kardashian family have led Greed to become an advocate.
for empowering women through business,
and she also sits on the board of the Obama Foundation,
as well as being a King's Trust ambassador.
Now, as if that weren't enough,
she's publishing her first book,
Start With Yourself,
in which she explores everything
from building personal resilience
to developing self-forgiveness.
It's an extraordinary assent
for someone whose first job was a local paper round,
and who struggled at school
because of undiagnosed dyslexia.
After dropping out of her London College of Fashion degree,
Greed started working in fashion events
before founding her own talent and marketing agency
at the age of 26.
She later pitched a business idea to Chris Jenner
for a size-inclusive denim brand with Chloe Kardashian,
Good American launched in 2016,
racking up $1 million of sales in its first day.
Her stakes in various ventures
have earned her a nine-digit net worth
and a self-deprecating nickname.
She told Dragons Den to call her Emma Greedy when she was a guest judge.
Alongside her business achievements, greed is also a mother of four who famously once said
that work-life balance is an employee's responsibility.
As she expands in her book, if you want to be extraordinarily successful,
then extraordinary work is required.
If you're not failing, she writes, your ambition probably isn't big enough.
Emma Green, welcome to How to Fail.
What an intro.
You are so impressive.
Oh, thank you.
That's very, very kind of you to say.
It's true.
And I'm very interested at admiring of that idea that your ambition might not be big enough.
If you feel undone by failure, maybe you're not taking the risks that you're meant to be taking.
And one of the things that you write in your book, which I loved, by the way, is this.
Is this idea that selling women the idea of effortless perfection is what really holds us back?
Yeah, absolutely.
Can you tell us a bit about that?
Yeah, well, listen, I'm so happy that you start there because I think that, you know,
when I decided to write this book, start with yourself, it really is a book that is about self-leadership.
And when I think about ambition, to me it goes hand in hand with discomfort.
And I think that what's happening right now in the culture is that we have,
really kind of taken this idea of what it means to be a female entrepreneur specifically
and glamorized it to the point where people don't understand what it really is,
what it means to start a business. And so I have tried to write a book that is both of the
things that it needs to be, that it is both interesting and empowering and informative
for women who are thinking about a big career or, you know, starting a business. But it's
also truthful and honest about what it takes. And so when I talk about what it takes, I'm really talking
about the amount of hard work that is most often coupled with a lot of failure and really how to
think about those two things because too often we think about failure as being something that's
really personal and all about us. And I think the reason that I've been successful is because I don't
put failure in this space that it is just mine to hold. I'm like, it's a thing that happened. It
isn't who I am. It's a moment in time. It's something that I can learn from and it exists and I move
away from it. It isn't something that I carry as like a burden to my soul. And I think the more we take
failure for actually what it is, an opportunity to learn, an opportunity to grow, that is like,
you know, that's going to be when we're going to see this like seismic shift for winning him.
Because I'm pretty sure that men that fail and get back up again and start another business and
lose some more money and move on and go and raise money elsewhere.
aren't sitting there, renumerating about their failure in the same way that so many women do.
Okay, let's just end the interview there because nothing's going to be better than that.
It's so exactly everything that I think and so well put.
And you're absolutely bang on.
You are going to make mistakes.
Somebody asked me the other day, like, when was the last time you failed?
I was like, I don't know, what, 20 seconds ago?
Like every single day I'm failing at something.
The reason I'm confident is because I do a lot of stuff and I've come out on the other side.
It's like I've been through.
You don't wake up confident.
You become confident because you know you can get through things
and you know what's on the other side of failure.
And so for me it's just part of like being in the world, being, you know, doing business.
It's like not every day is a good hair day.
Like not every day am I going to do something amazing.
But, you know, you live and you learn and you move forward.
When was the first time you realized you were ambitious?
You know, I think that that is my default.
Like I grew up in East London.
I'm the eldest of four kids, single mum.
And like there was sort of no choice.
Like where I lived was so grim.
I was like, how do I get out of here?
And the only way that I knew that people left is when they were successful.
Because it'd either be a footballer or a DJ.
It felt like there were all of these like routes out for the boys
and not as many options for the girls.
And so for me, I equated the idea of success and ambition as like being able to leave where I was from
and, you know, imagine this bigger life for myself.
And it's really funny because I feel like East London is in my veins.
It's who I am.
But by the same token, I knew that that wasn't the extent of my life.
I wanted a big life.
I wanted to travel and do things and experience things.
And I knew that that wouldn't be possible unless I got my butt up and worked for it.
And so in my head, it was just a way of creating opportunity for myself.
I was like, you know, in the beginning it was like, can I make a bit?
20 quid from a paper round so I can buy the magazines and the magazines for me were like this
window into a world of like fashion and opportunity and glamorousness and all the things that I aspired
to and you know that's somewhat how I think about money now money is a tool it's a means to an
end a way of getting the things that I need and so I always have thought about ambition as something
that I am entitled to as long as I work for it. Have you ever been made to feel like
that you're quote unquote too ambitious because oh god yeah i i actually remember it's so funny oh my
god so i like some at some point in my career i went and i got a job and the chairman of the company
did a reference check on me and my previous boss said she's very very ambitious in that very
dismissive way and and i remember then thinking wow that's wild that like my like female
our boss would frame it in that way, that my ambition was to be, you know, dismissed and
looked down on. And I thought, wow, like, that's something you better keep in check. And I
thought that for about 30 fucking seconds. And I moved it on. I was like, what are we talking about
here? I was like, that's not going to work for me. So, so good and so important for people to
hear. And I want to talk more about who or what shapes that mindset in a bit. But before
we move on to your first failure, I want to talk to you about the East London of it.
There are so many interesting passages in your book. There's this line. If a Fortune Taylor had taken a look at your childhood, they would have predicted you'd become a DJ's girlfriend, a footballer sidekick or marry a gangster.
And at the same, that's all the things I knew and could have done.
And at the same time, you make this point that the East London mindset is about, it's by wearing your best freshest trainers. It's about.
celebrating the power that money can give you. Absolutely. And also a mentality of how to behave,
right, that I think is almost like the foundation of the way that I do business today. Because
when you grow up in East London, you learn to tell the truth. You learn that your word is king.
You learn that what you say has implications and it matters. And you also learn that you need to be
trusted. Like you need to be someone who is trustworthy. And so when I feel,
about what it means to be in business now.
It's like all of that stuff is just what I learned being a kid in East London.
You need to be able to be honest and truthful with your customers.
You need your investors and your shareholders and your staff to trust and believe you.
And you need to be truthful with everybody around you.
Let's get on to your failures.
They are all business failures.
How long you got?
Which I find so interesting.
Do you make a deliberate decision not...
to choose personal failures?
I mean, maybe they're just intertwined.
No, actually.
It's so interesting for me.
Well, that's the point.
Like, I never see the two things are so separate.
Because the way that I am in my world,
like, I don't have, like, a private life and a family life.
Like, my life is just all intertwined.
I do a thing that seeps into every part of my job.
And my family and my friends and my work,
it's all completely intertwined.
mind. And actually, when I think about failures and specifically like framing what can be useful
for people to learn from, it often is in the kind of guise of business because I think there are
so few models out there for women, because what happens to women when they fail in business
is they have to kind of scurry off into some obscurity and go like to Thailand and meditate.
And I'm like, what? Like, what is that about? So I think I was trying to be quite deliberate
about going, here's all the ways that I have fucked up.
And here's all the ways I've been given an opportunity is.
And here's all the successes that I'm really happy to talk about.
It's deliberate.
It's purpose for.
Great.
Well, I'm very grateful because here's all the data that we can acquire.
Let's go.
So thank you.
So your first failure is having an employee mentality.
Which I think is so crazy.
So let me tell you how this came around because I think I tell the story in my book.
my husband, my now husband was the one who first ever said to me, you have an employee mentality.
And it was because ahead of any board meeting, I started my first company when I was 26.
And I would get like hives ahead of going into a board meeting.
I just didn't really understand that my job was to show the board.
Here's the direction.
This is where we're going and bring everybody on for a journey.
And this particular meeting, I was going in to make the suggestion that I was,
have a pay increase. And I think that it speaks so much to the way and the relationships that
we have to money in that I simply couldn't articulate that I was worth it, that the company
was making a ton of money and here is me over here making it all happen and therefore my value is
as such. And I have never, it's almost like a watershed moment for me. It was like before that
meeting and after. And it completely and fundamentally changed the way that I relate to my own
self-worth in this one meeting.
And Jens, who wasn't my husband
at the time, were we dating?
No, I don't even think we were dating then. It was before
that. He said to me, oh, yeah,
you know, you're always getting such a tizzy.
You know what your problem is, Emma, you have an employee
mentality. And as the CEO
of the company, I was like,
what? A, I was
insulted. B, I kind of fancied this
guy, so I was like,
is that many dozen fans say? I bet you're employee.
Can you fancy an employee? Do you know what
So there's all of this stuff, but ultimately it meant that I walked into that meeting 100% with an
employee mentality and finding it very difficult to understand what that would mean and question
in myself, would I be fit to run this company? Am I the right person? Am I going to get what I need
out of this negotiation? And what I hadn't understood is that it wasn't a negotiation. I was
completely in the driving seat. I didn't even understand my own power when I had it. And so for me,
what I've done since is really to figure out like when am I in the driving seat? And I think that
we often will create bosses for ourselves, will create superiors in any situation. You go to the bank,
the bank manager suddenly your boss. You go to see a lawyer, suddenly the lawyer's your boss.
It's like none of these people are your boss. You have just fictionalised this idea of somebody who is
in charge because they have information that perhaps you don't know, even if you're paying for the
service. So in this situation, I was the boss. I was the person that was running the company. These
guys were simply investors and yet I found it impossible to say what my worth was. And so I've really
changed the way that I go into any situation like that. And I think it's a great learning for
women to really take a step back and understand where are you in the situation? What leverage do you
have? What point do you start this negotiation? And indeed, is it a negotiation at all? Or is it simply
a moment where you need to state your value, believe in your value and walk away with what you
deserve. One of the things that I really appreciate about your book is the way that you
handle emotions as sort of body-based information. Yeah. Because as you're talking, I'm realizing
that I often operate from a place of such fear and it's misplaced fear, but it's fear that I've
done something wrong that I might not have known about, that I am in above my head. How
How would you advise anyone feeling that in a business setting to handle it?
Well, the first thing that I always think about is, are you scared or have you just not
done it before?
Because oftentimes, like, we are, you know, we're doing things for the first time and
it's just uncharted territory.
And in that case, it all becomes about information, right?
Like, find someone who's done it, speak to somebody about it, figure it out, do your
research, put yourself in a position of power.
I often find that when I'm getting scared, it's just because I have no experience of what I'm stepping into.
And when I arm myself with all of the information, the fear goes away.
Now, there's other times when I'm doing something completely new and uncharted.
And I'm like, this fear is necessary for me to actually, like, equate on the scale, like, how important this thing actually is.
But to me, I look at fear and I'm like, where is it needed?
Like sometimes it's a great signal and sometimes it's just an absolute barrier to where you need to go.
And so I think that you've got to figure out like where does this fear need to go?
Because as soon as I get that feeling and it does still happen to me, I'm like, all right, what is it?
Like am I going to let it dictate the situation?
And the reason that I decided to really focus on emotions in the book is because I don't want women to make their decisions from an emotional place.
And I talk about anger and fear and guilt.
And when we make decisions from those places, they are not in our best interest.
We've got to understand the emotion, understand where it's coming from and put it in the right place.
But don't make your career, your business decisions, your work decisions from those places because it's just going to hamper you.
It's just going to stifle you.
So you also say about this employee mentality that early on in your career, you believed that you needed to be loyal to your employers.
and it kept you around longer than you needed to stay in certain places.
Tell us about that.
Well, you know, this is something that you think as a woman, you know, you're like, I'm so lucky.
You know, I get to be in this situation.
You're coming to work every day.
You're putting it all on the line.
You're being paid.
It's a transaction.
There is no luck in the equation.
There is nobody that owes anything in that equation.
You come, you do your job, you get paid in return.
You don't owe your loyalty.
You don't owe anyone anything.
And again, I think it's a uniquely female trait.
when we believe beyond that transaction, there's something else that we ought to be grateful for.
And sometimes, you know, and I've seen it in, you know, I see it in my own company with my own employees and I've certainly been there myself.
You can just stay too long out of loyalty, out of thinking, you know, actually having like fear attached to the next move.
And so I always try to think about this idea of employee mentality as like where is it, where is it cropping up?
Like in your life.
Like, where are you making someone your boss?
Where are you making excuses?
Where are you not advocating for yourself?
Where are you not being paid correctly?
These are like challenging questions to face off against.
But you have to have them because, again, nobody's coming to like tap you on the shoulder
and say, hey girl, you want to, like, you know, you want to pay rise?
You need a bonus.
You need a promotion.
Actually, you know what you need to do?
You need to leave here.
Like, no boss ever said.
Actually, I've done that.
But it's like very rarely does someone say, you're ready for a new opportunity.
and you're not going to get it here.
You have to choose those moments.
So again, it's about self-advocacy.
And I think that the very idea of starting with yourself is about like going deep inside
and getting close to yourself and what it is that you want and what it is that you need
and really choosing those moments.
But you have to be very, very deliberate.
And that's why I talk about this idea of not hiding behind, you know, soft ambition
because no one's coming to pluck you and figure.
these things out for you, you have to be deliberate about it. And that means like running your career
like it were a business and thinking about yourself, like you're a professional entity. What am I doing
with my time and my skills and my attention that could be better used elsewhere? And it's like you
should never stay too long. You should never stay somewhere that you're not appreciated. And if you are
ambitious, you have to be very planful about those things. Should we talk about work, life balance?
Why not? I've never done that before.
No one ever brings us out to me.
I know.
It goes viral every time.
So that's why I'm asking.
No, but I do think you may-
Can I tell you, and I will just be honest about this,
you know, I had no idea that that would have turned into what it was for me, right?
I didn't know it was a viral moment even when it were happening.
And I think it's really interesting because, you know, and my PR will kill me
because everybody always wants me to cycle out of that moment and say,
you know, like let me just explain what I said. Actually, I meant what I said. And I double down on what I say because I think the idea of work from home culture is career suicide, specifically for women. And let me tell you how I know this. Because what happens when a woman gets the chance to predominantly work from home, I see nine times out of 10, let's say that she has kids, right? All of the sudden, they've decided in their family, she doesn't need childcare that.
day. So not only is this woman working from her living room table, but she's then got to go and pick up
the kids and look after her kids, which means that she isn't getting ahead and doing what she needs
to do and putting her energy into the work. Listen, if you choose to work from home, that is your
choice. But if you think that you're still considered for the same promotions and the same pay
increases as somebody who's sitting in the office, you're kidding yourself. And if you don't like to hear that,
then that's on you. That's not for me to show.
sugar-cote it. That's just what it is. And I honestly think that the reason people got so upset
about that is because it's convenient to work from home. It's actually really like quite nice to,
you know, do a Zoom call in your slippers. But it doesn't, it's not congruent with like building a
big career. Building a big career is not for everyone. But if you're ambitious and if you have a
big idea of what you want to do in your life, work from home isn't going to help you get there.
I found it. Just a fact. I found it incredibly refreshing.
Well, a lot of people did, but you know, not enough, apparently.
But I think that also what you're saying is that this idea of having it all has to be a myth.
It's a myth.
It's a myth.
Yeah, because we have seasons in our life, you know, and I know that if I kind of chart my life back to sort of my late teens
when I really sort of worked, started working in an office place to now, I'm in my early 40s,
there's moments and seasons for things.
And so what I'm saying like with that is that you get all of the things that you want, but not all at the same time.
And you pick and choose times to lean into your career.
When you've just had a baby, there is no choice.
You have to like lean out a little bit because you need to look after yourself and your baby and your health.
And then when your kids get out of diapers, you can like lean back into things a little bit.
And hopefully you're going to have some childcare and you can lean back in a bit more.
But there's just moments.
And we have to kind of like go with the flow of our life.
And me putting forward anything other than that is also a myth.
And so in the book, I try to be really honest about what I do.
If I have any hacks, then I share them.
I talk a lot about how much help and childcare and everything and everybody that I surround myself with
because you just don't ever get all the things at once.
And it's easy to say that.
It's harder to model it outwards.
And that's what I'm trying to do.
I'm trying to be like really honest about what it actually.
takes and not put the gloss over it because that isn't helpful for other women.
Yes. And you talk about the rule of thirds. I use the rule of thirds as like a measure for how
I'm doing. Like I know that if I'm really, really happy a lot of the time, I'm probably not
pushing in the direction of my goals and my ambition. And if things are too difficult, then I'm
kind of like a little bit out of whack. But I like that idea that you shouldn't be happy all the time
Because that's just not my experience.
Like I have a lot of sadness and I have difficult times and I feel guilt and I feel fear.
And so I think that when we constantly project this idea that everything is amazing and Instagram ready and you are just like, you know, rolling from one amazing thing to the other.
It's not helpful for other women.
And when you are in the kind of throes of your life and trying to do important stuff, it's hard.
Like you get down.
Like I go down and that's just life.
What does your down look like?
I think for me it's probably, you know, when I was younger, I used to suffer terribly from migraines.
And I would almost use a migraine as an excuse to like get out of like the, you know,
the kind of pattern of my work and my life for a few days.
So I would just like go to bed.
You know, now that I'm older and I have kids,
I, and again, it's sometimes hard for people to kind of take, but it's like, I am like right at the top of my list, like me, myself.
And I'm kind of unapologetic about it because I can't be good for anyone unless I'm good for me.
So I listen to all the signals.
I know when I'm going too hard.
And I will counsel something.
I will say, I'm not going to do this.
This doesn't feel good for me.
I'm not getting on that plane.
I'm not doing that thing.
because I have to be constantly checking in on myself.
And I treat the idea of looking after myself as part of my job.
And I'm kind of extremely guarded about my time and my energy,
extremely boundary about the things that I say yes to.
And I think that that can come across as really, really selfish to people.
But that's not something that I spend any time worrying about
because I'm kind of me first.
You said this line, I'm going to misquote it, but it's something like, I place such a high value on my own opinion that anyone else's opinions pales into insignificance.
And you meant it in terms of why you've liberated yourself from people pleasing.
And I just love that.
Again, it's so rare to hear a woman say that.
Yeah.
And it's a really good practice.
Yeah.
You know, because if you try to please everyone, like you will be miserable a lot of the time.
But if you try to please yourself most of the time, you know you're going to be like default.
I'm an eight most days. I'm like, I'm so happy with myself because it's just me against me. Do you know what I mean? It's like I'm really not worried what everybody else is thinking, but I'm super. I have such a high idea of myself and I have such high expectations on myself. So it's not about setting the bar low. It's just about like who gets to measure and I just decided it's me.
When I started this podcast, I honestly felt like I was learning a brand new.
language overnight. Scripts, artwork, scheduling, tech. Suddenly, I was the entire team and it was
kind of overwhelming. There were so many moments I wished I had a proper business partner to help
me figure it all out. That's why I love Shopify. It's the commerce platform behind millions of
businesses and it gives you everything you need in one place. You can build a beautiful online store in
minutes with hundreds of ready-to-use templates. Their AI tools help you write product descriptions
and even polish your photography, which is a lifesaver when you're spinning 100 plates. And you can
manage everything, inventory, payments, analytics without juggling 10 different tabs. Start your
business today with the industry's best business partner, Shopify, and start hearing.
Sign up for your £1 per month trial today at Shopify.com.uk slash fail. That's Shopify.com.com.
slash fail.
Welcome to crime scene, the new weekly show from The Binge, where we tell you the stories behind
the world's most unforgettable crimes.
I'm Jonathan Hirsch.
You may know me as the host of my fugitive dad or dear Franklin Jones watching you.
I'm an executive producer of The Binge, the True Crime Podcast Network, where we bring you a new
series on the first of every month.
For Crime Scene, I'm joined by my producer and co-host Cooper Mall, the reporter and reporter
and voice behind Fatal Beauty and the crimes of Margo Freshwater.
We know there are a lot of true crime podcasts out there.
I think what makes crime scene different is that Cooper and I have boots on the ground.
We're investigative storytellers.
And so many of the stories that come across our desk, we haven't been able to share with you until now.
So if you're one of the millions of people who have flocked to the binge for riveting storytelling,
deeply investigated true crime series, think of this as all the things that you love about those shows in a single episode.
Join us every week in the crime scene office wherever you listen to or watch your shows.
This is crime scene.
Available now.
Final question on this failure.
What did your mother teach you about business?
You know, my mum was so and is so pivotal in my life.
And I think the number one thing that she taught me and all of my sisters was how much hard work goes in to anything.
Like my mom worked hard to pay every bill.
She worked hard to get us dressed and to send us on school trips.
She worked hard just like every day.
She left the house early in the morning.
She came back late at night.
She would clean.
She would, you know, I remember her like making calls.
She would like, you know, trade off with the milkmen so that she could like pay a couple of weeks later.
She was always in like working mode all the time and kind of relentless with it.
But she didn't hide from anything.
You know, I knew a lot of people that would like hide their.
bills in the sofa and like kind of ignore them. My mum would like, you know, I remember going to
like the Abbey National, which was the bank when I was a kid and she would like have a meeting with
someone to explain why she would be in, you know, like in debt arrears, what do you call it, in your
overdraft and why they couldn't charge her because that was only going to send her into a spiral.
And I just remember her being really like, like just like full on with everything, like just
facing everything. And so I never felt like that hiding from problems was the way forward because
I literally had this woman that just like met everything head on all the time. And I think it was
so difficult for her because she had no support. There was no dad. There was no one around. She just
had these kids and all of this responsibility. And she's so little and tiny my mum. And she just
was like fearless with everything. And so I think that she just taught me to like not be scared and to meet
of your problems like face on in the face.
And she talked her way into a job on the trading desk at Morgan Stanley.
She's a hustler, that woman.
Yeah, yeah.
She was amazing because my mum was a window dresser by trade.
Like she was like in fashion early on.
And then, you know, kind of came out of work.
My mum had three of us under five by the time she was 28.
And you're the eldest.
I'm the eldest.
I'm the eldest.
So it's like, you know, my mom's the dad.
I'm the mom.
We have three kids together.
That's the family dynamic.
But she, yeah, she was fearless and even that, you know, kind of going into that kind of very like corporate work environment at Morgan Stanley.
I remember her reading and learning.
You know, back then it was like giant printouts like this and she would just have these giant printouts and she'd come home from work and she would read and she would teach herself and learn.
And so I think I had a very good role model for what was possible so long as you were willing to work hard enough.
So impressive.
Your second failure is opening your first office in the States, which doesn't sound like a failure.
But this is...
Well, you should have seen how much money I lost.
Okay.
So this is ITB, which you founded over here at the age of 26, which was a talent marketing.
Yeah, it was a talent marketing and partnerships agency.
And, you know, it was really before its time because we were very early in influencer culture.
They weren't even called influencers then.
You know, I started off booking celebrities, like really famous people and putting them in campaigns.
And then, you know, when the fashion bloggers came around, which was like a revelation in the fashion industry, I was, you know, right at the forefront of that industry, ended up, like, starting the business around it.
But before that, ITB was like right at the pinnacle of when brands started to transact and work with influencers on brand partnerships.
And at that point, there were no agencies.
You were either working with the influencer's mother or boyfriend as their, like, you know, de facto manager.
and it was a dream of a time.
You know, I had no idea what I was doing,
but I knew I was billing,
and I knew that I had great clients,
and I could sell anything to anyone,
and we kept winning business,
and so I was like on fire in London,
then we opened in New York,
and I was on fire there,
and I was like, I'm going to LA,
like the home of talent.
And I failed so miserably,
and the reason I put it down
is because it was when my ego kind of got the better of me.
And what I've learned is that success can do really funny things to you if you don't keep it in check.
And so I'm at a point in my life now where I'm more successful than I've ever been.
But the reason that I can really manage it is because I've had all of these failures in between.
And I know the signs of when it's going to kind of like come back and bite me in the butt.
And I think opening that office in LA was such a huge embarrassment,
because A, it wasn't just about me failing.
It was the fact that I had taken a lot of other people with me.
You know, when you open a new agency, and of course, at that point we were really at the height of what we did, you know, I took like names out of other agencies.
You know, it's like you poach people from another agency.
You're moving them across the world to be in this new thing and it didn't work.
And not only did it not work, it failed loudly and miserably and.
very publicly. And so, you know, I went and did this big, you know, like, hoo-ha, like I'm, you know,
opening LA and bought people to my fancy office and told all the clients what our services would be,
took everyone at face value that they would work with me. Nobody called. Slowly but surely, you know,
I didn't have the decisiveness to shut it down in three or four months, so I dragged it out
until it was nearly a year. And it was hugely embarrassing, but also, like, hit me in a place
that I couldn't believe it affected so many other people.
And that was a huge learning for me.
And when it came to, you know, years later thinking about having another company in L.A.,
it really haunted me.
And I was like, have I learned enough?
Did I get the message loud and clear?
What would I not do again?
And I think one of the main reasons that I've been able to be successful, because I live in L.A. now, is because of that failure with ITB.
I knew everything not to do.
And I really took that so seriously.
But very importantly, I have never let it stop me.
Because to me, it was a moment in time.
It was a set of behaviours.
It was an arrogance and a lack of understanding.
But I learned and I corrected.
And I never thought, Emma, you can't do that thing.
I was like, you need to learn.
Go off, do the learning, come back, try again.
You have spoken in the past and written in the book about the importance of a supportive partner.
What has Yens given to you?
I mean, that's such a huge question.
You know, I think the easy way to frame what Yenz has really given to me is this idea that it was never about me as a mum.
It was us as a family.
It wasn't like what type of mother am I going to be?
It was like, what type of parenting are we going to do?
what type of parents are we going to be
and how do we work together to do that?
It's never being the default
that I was going to look after the kids
or that the decisions would be made by me
or that it was my primary responsibility.
I think that what we have is a really unique working relationship.
Everybody thinks we work really well together.
We actually don't.
We just, we do different things.
We just happen to have these like crossover points
in our personal and our professional
relationship. But like I do, there's just a bunch of things that I don't think about because I have a
husband who does that. And I think he has a bunch of stuff that he doesn't think about because I take
care of those. But never, ever has there been the assumption that the kids are my responsibility.
Beautifully put, you don't have to talk about this, but I'm going to ask you about it because it's
one of the things that I'm passionate about having conversations on, partly because I'm someone
who had recurrent miscarriage and unsuccessful for a digital treatment.
and I don't have children.
It didn't work out for me in that way.
I'm sorry.
Thank you.
That's so lovely of you.
And I know that when you say that to me,
it's because you've travelled some of that path.
Oh, I have.
All of the bits of the path.
You know, it's so interesting because, you know,
and I always want to be sensitive about this conversation
because I think that for so many women, for so long,
we were kind of solved this story that, like,
we should wait and you should put your career first.
And I want to say, and I'm never a person that likes to apologize for what I'm saying before
I'm about to say, there are many, many women who have no interest in having children.
And that is completely fine.
And I am not speaking to them.
But for the large majority, and it is a majority, who think about having kids at one point in their life,
what we've been told and sold is really contradictory.
And there is no right time to have a baby, but there is a biological reality.
I'm certainly not advocating for teen pregnancy, but maybe waiting until you're 38 isn't the best thing to do.
And when we talk about ambition and careers, we cannot not have the baby conversation because it doesn't serve us.
And so when I wrote this book, I was like, A, I'm going to be honest about my own journey because I was so lucky to have two children.
naturally my 12 and my 9-year-old, you know, I did it the old-fashioned way.
And I thought that it would completely be my choice to decide when and if I had a third or a
fourth.
And when I tried, it just never worked.
And just like most people, you know, the doctor says, you just wait a year and see what's
happening.
And I thought, yeah, of course.
You know, I've had kids naturally and I waited.
And then I waited a bit longer.
And then I was super busy and, you know, all the things were happening.
and I feel like by the time I kind of got around to it,
it was then no longer my choice.
And I was so frustrated and mad about it.
And frustrated because I felt like within my organisation,
I'd been somebody who had said, you know, freeze your eggs,
focus on what you're doing at work.
You know, it'll all be fine.
You can think about it later.
And by the same token, that wasn't my experience.
And so what ended up happening with me for those people that don't know my story,
I had my first two kids naturally.
I had my twins by surrogate.
In the middle of that, I had multiple failed rounds of IVF.
In fact, they weren't failed rounds of IVF because they worked,
but I lost a baby every single time.
And it was so miserable.
And you know, like, you're consumed.
Like, I couldn't think about anything else.
You end up being like, what do you want for dinner?
I'd be like a baby.
You know, I couldn't think about anything.
And some people would be like, well, you had two kids
and you had a boy and a girl, but what were you doing?
But any woman who knows you've got your mind set on having a kid,
kid, that's just where I was wired and that's just what I wanted and I couldn't get away from it.
So I was super lucky to have a surrogate and to have this magical experience and now I have
baby number three and number four and they are delicious and lovely and I'm very happy that the
need is settled. But I don't think it's helpful that we have decided that somehow being successful
comes with this idea of like when you should have a kid
and that the default story is pushing it so late
that many women no longer have the choice.
And that's the part that I would like people to understand.
Like there is no great time.
And when I talk about seasons,
you can't always be in go, go, go mode in your career
at the detriment of what you might want,
which is to have a family.
And so when you think about family,
you also have to think about timing.
And that is unfortunate because that is something that only women need to think about, right?
You can have the conversation with your partner, but that is something that you ought to consider when you're thinking about your life and you're thinking about your vision and what you want.
And if it is your choice, which for so many women, it's not necessarily their choice.
There can be other complications.
But if it is your choice, then you need to think about that planfully because waiting until it's too long is heartbreaking.
and no matter how successful you are,
you won't feel successful if you can't fulfill that part of your life.
Gosh, you speak so eloquently about this subject and all the others.
It's tough.
It's incredibly tough and I just want to acknowledge the loss in what you have told us there
because, yes, you have four beautiful children,
but I know that the losses never leave you.
And I'm so sorry for what you went through.
Thank you.
I appreciate it because it is really difficult
and it's really difficult that we've chosen when and how
and if we even get to talk about these things.
And I think that opening up the conversation is really, really helpful.
Selling women a story that isn't true for most isn't helpful.
And it isn't what we should do.
Okay.
Your final failure,
is moving into product categories with Good American
where you didn't have the authority.
I love how real these failures are.
You really have no humble bragging here.
No, no, no.
It's like here's a list and I could have just gone on and on and on.
The reason I wanted to talk about this one
is because when people get like a little glimmer
of something that they're good at in the workplace
or something that's working in a business,
they often think it gives them license to do a lot of different things.
And I think that customers are so savvy
and there's so much choice that the reason I think about this is a big failure.
Again, it kind of came down to this mixture of ego and taking for granted what we and I meant to people as a brand.
And there's something really interesting that as you start to do things, you imagine that you're like,
oh, like I own this customer.
And I can't tell you how many brands I know of that have gone completely bust because they believe they owned a customer and they could sell them anything.
It's just not true.
And so when you're in a situation where you've got like something good,
like really understanding and diving deep into like what that is and having,
it's not necessarily just about data,
but it's like what do you mean?
What place are you feeling?
What is it that you're doing for customers?
Like for me, at the time I was just selling them jeans and I was selling a body suit.
And so I was like, well, outfit completion, I'll sell shoes.
But that's not what we meant to customers at all.
Nobody is thinking about inclusivity in the way that we believe they were.
And so what we told ourselves is we sell jeans in all sizes and we sell clothes and swimwear in all sizes.
And so maybe we should make this really like broad range of shoes.
Well, it's just not the same.
That's not how customers come to a decision.
And just because you're a size, you know, five in shoes, it doesn't mean that you can,
that you've got licensed to sell to this other customer.
And so we had just completely mixed up what it was that we meant to our customers, why the brand actually existed.
And it's a really good lesson in getting back to what it is that you are uniquely good at.
And I think it's the same in our own sort of work lives as well.
Often you can like think about, I want to make a pivot.
But really understanding what is it that you uniquely do and what is it that you uniquely mean to people?
And one of the things that I've learned and sort of like a muscle that I've got good at flexing is going and speaking to people.
My competitors, other women in business, people that I just admire, like colleagues, like really like getting to the root of something.
Because sometimes you get so blinkered and it's especially true about how we see ourselves.
And so when you can go to someone else and go, what is it that I'm so good at?
Like what is it that makes me me?
What is it that you admire about me?
What's the most annoying of my traits?
What do I get wrong all the time?
It is unbelievable.
And so many people don't ask those questions.
And so in my book, I was like, you need to do that routinely to yourself because it brings up
all of this stuff.
And, you know, again, we tell ourselves a lot of stories.
And they're not always entirely true.
And so I've just learned to kind of understand what it is that I happen to be good at.
When you double down on the stuff that you're good at,
that's what makes you really successful,
not going outside of all of the things all the time.
That is such an important lesson.
Tell us how good American came about because I love this story.
It's such a good story.
Well, I had spent like 15 years of my career
at the intersection of like brands and entertainment,
meaning that I built this agency that put brands together with celebrities
and did film product placement and licensing deals.
And so I was so in this place where, you know,
as a kind of frustrated consultant that I, you know, imagined that, you know,
I do a project for Topshop or Calvin Klein or whoever it might be.
And I was like, look at all the money they're making out of my idea, you know.
And you do.
You get to the point where like I can't keep giving it all away for fees
and for something that I have like no skin in the game for.
And so in my head, I was like, I'm going to start a brand.
I'm just going to start something and I'm going to own it all.
and I'm going to make it huge and it's going to be amazing
and I'm going to sit at home and count all the money.
Of course, it doesn't go exactly like that.
I had to go out.
I had to raise.
I had really uniquely understood the arbitrage between, like, you know,
I guess like making something famous
and the difference between paying your way there
through traditional kind of like marketing and advertising means
versus the shortcut that celebrity can give you.
But what I knew uniquely is that if you had an incredible product,
what talent could do with an incredible product would be to actually start like a fully fledged
business. And so as the story goes, you know, I had some good contacts. I went and I pitched
and I, you know, started a business with Chloe Kardashian and the rest is history. And it was,
you know, a magical time because when you go back, you know, we started this brand. It's eight years
old. It was about a year before that. So nine years ago, there was nothing like it then. No one was
talking, you know, in the same way that they do about inclusivity or diversity.
There were no plus size bodies turning up, you know, in the different brands.
We were the first people to show you the different sizes of jeans on, you know, on the website.
And it was really before its time.
So I'm very proud of what we built.
And I'm very proud of that association and the fact that, you know, we were a first.
And that the company is still there.
It's still living and breathing.
and successful and profitable
and, you know, it allowed me to do a lot of other things.
How much was your own fame part of the strategy
because you have become the celebrity that you used to represent in a way
alongside your other...
You know, it's so interesting because I don't even know how this happened.
When Good American started, I have one picture on my Instagram
and it was like of food because I'm obsessed of food.
What happened is that...
that I think people just started asking me a lot of questions.
And, you know, I always felt that, you know, if you can answer a question
and you can use your experience to help someone, then you probably should.
But, you know, that was just part of why I wrote the book and also why I started the podcast
because I don't think people care at all how I got successful.
I think they want to know how they can get successful.
And so when I wrote the book, I was like, how can you do something that's going to
going to be useful to people. You give me half an hour of your time. You read a chapter in this book.
Is it actionable and you can take it into your life and do something different tomorrow? Tick, yes.
If you listen to the podcast, am I going to give you something that is useful for you? And that's
really what I'm interested in. I'm interested in there being like a different model for the way
women get to be in their work and in their careers. And I think that, you know, you can't be what you don't see.
You have to have an example of somebody that is willing to say, I kind of did this differently.
And I don't believe in the vision boards.
And I don't believe that you can manifest your way to anything, actually.
I think that you have to work really hard.
And ambition has to find you working.
And it's as simple as that.
Then you add the strategy.
Then you advocate for what you want.
Then you put money in the centre of your plans.
Then you've got something.
But like don't talk to me about all of the other stuff because it's just not interesting.
And it's not the truth.
Like an injection of motivation directly into my veins.
That's what I need to do.
Motivation injections.
Yes. I.
Can you imagine?
I need an emigreed ibid drip right now.
EGIV.
Let's go.
It's a new business.
Okay.
Final question, because I've loved talking to you so much.
And I could just use this as my own private mentoring session.
But I wonder what your mother says to you now about everything that you've become.
and everything you've achieved.
Is she the kind of mum who says,
I'm proud of you,
I love you?
Or is she someone who just takes it for granted?
No, you know, it's so funny.
Like, I have a very emotional mother.
I saw her for dinner last night,
and she is, like, beyond proud of me.
And she says it to me every time she sees me.
You know, I come from a very affectionate family.
They're like a kiss on the lips,
and every family member tells each other
that they love each other all the time.
It's very hard to get off the phone.
I love you, I love you, I love you, la.
Yeah, my mum is really proud.
me and my sisters are really proud of me and I think that you know when I grew up I grew up feeling
very loved like we didn't have a lot but I had a lot of conviction a lot of support you know I've said it a
million times but my mom said you know Emma you're not better than anybody else but nor is anyone
better than you and I really believed it like I was like no one's better than me and I remember when
I went to work you know I had a a work placement a quintessension
when I was a kid and it was like, you know, Ben Elliott and what's his name, Tom Parker Bowles and Harry Beecher and all of these like amazing tofts that were very lovely to me.
But I was like, what school did you go to?
Like, Eaton, that's a real thing.
I thought it was like Harry Potter.
Like, I had no idea.
You know, but I was like, yeah, cool.
Like, great.
Do you know what I mean?
Like, I never thought, oh my goodness.
Like these guys are so educated and so much more special.
I was like, guess what they can't do that I can, you know?
And I really always have seen my worth in any situation.
And I'm pretty sure that all came from my mum.
You know, it's the same woman who would go down the Abbey National
and have it out with a bank manager.
Like, I'm her.
Like, I'm the same girl.
Just slightly different circumstances.
From the Abbey National to L.A. billionaire.
That's such a wonderful story.
And thank you, Emma Greed for sharing it with us.
No, thank you so much.
I loved it.
So good speaking to you.
Oh.
