Beautycounter: Gregg Renfrew. She Built Beautycounter to $1B… Then Got Fired From Her Own Company
Gregg Renfrew started a movement by making better-for-you cosmetics, then enlisted an army of women to build the business through direct sales. But after selling Beautycounter, she was pushed out of the company she created.
Then she got to do something almost no founder gets to do:
She bought her company back. Then lost it again. Then took the risky step of rebuilding it into a new brand, now called Counter.
This is a story about ambition, humility, and second chances.
Gregg learned her first lessons by launching an early online wedding registry and selling it to Martha Stewart. She briefly led a clothing company and was summarily fired—by messenger.
In this candid conversation, Gregg talks about the bold innovation she brought to the beauty industry, and the lessons she learned from working with difficult people—including, at times, herself.
What You’ll Learn:
How to build a movement—not just a product
The hidden risks of “growth at all costs”
Why direct sales (done right) can outperform traditional DTC
The emotional toll of being fired from your own company
How to rebuild your identity after losing your business
What it takes to come back—and do it differently the second time
Timestamps:
(00:06:15) – Selling Xerox machines and getting doors slammed in her face
(00:08:09) – The early inspiration for an online wedding registry.
(00:16:44) – The brutal lesson of the dot-com crash: “growth at all costs”
(00:21:58) – Standing up to Martha Stewart: “I was cocky.”
(00:23:51) – Getting fired as CEO… by messenger… in front of her team
(00:32:47) – The moment she realized the beauty industry had a massive gap
(00:35:25) – “Clean beauty didn’t exist”—and why that made it so hard
(00:47:04) – Building a 60,000-person sales force, scaling to hundreds of millions in sales
(00:46:40) – Selling Beautycounter for $1B… and losing control months later
(01:00:13) – The emotional aftermath of being pushed out—and what came next
This episode was produced by John Isabella with music composed by Ramtin Arablouei. It was edited by Neva Grant with research help from Noor Gill. Our engineers were Patrick Murray and Jimmy Keeley.
Follow How I Built This:
Instagram → @howibuiltthis
X → @HowIBuiltThis
Facebook → How I Built This
Follow Guy Raz:
Instagram → @guy.raz
Youtube → guy_raz
X → @guyraz
Substack → guyraz.substack.com
Website → guyraz.com
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
- Datum:
- Duur:
Meer afleveringen van How I Built This with Guy Raz
-
Room & Board: John Gabbert. A Broken Deal, a Family Rift, and the Birth of a Furniture Giant
John Gabbert built a massive furniture brand. But in order to do it, he had to defy his family. John grew up working at his dad’s furniture store in the suburbs of Minneapolis. It sold classic, American-made furniture, with flowery... -
Advice Line with Jonah Peretti of Buzzfeed
Today’s callers: Anthony from Miami considers the best method to grow his pop-up outdoor movie theater business. Then Andrew in San Francisco asks how to set his cat wrestling toy apart from competitors. Finally, Melissa in... -
Beautycounter: Gregg Renfrew. She Built Beautycounter to $1B… Then Got Fired From Her Own Company
Gregg Renfrew started a movement by making better-for-you cosmetics, then enlisted an army of women to build the business through direct sales. But after selling Beautycounter, she was pushed out of the company she created. Then she...