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Keke Palmer
You know, I love talking to people who change the game. Not just for themselves, but for everybody. And my guest today is doing exactly that. She's the genius co founder behind Good American and Skims. The first black woman investor on Shark Tank and one of America's richest self made women according to Forbes. But she's also a mom of four, a champion for female founders, and someone who tells it like it is. Y', all, I'm ready to hear her drop some gems. So let's get into it, baby. This is Keke Palmer. No matter what we doing in the car, just chilling pop on Amazon music, sit back and listen. Life, love, sex, science, hovering it all, especially the bad. Cause money always evolved. No matter what it is, we gonna make it make sense. Nothing else to do but kick it with the homies and king. So grab you a drink and a snack, you enjoy and get into the vibe that only you know it's your girl. This is Kiki, baby. This is Kiki Palma. Yeah. Please welcome Emma Greed.
Emma Grede
You. Look at you.
Keke Palmer
No, look at you. I love these colors. It's so savage.
Emma Grede
Oh, you look so gorgeous.
Keke Palmer
Oh, my gosh.
Emma Grede
You know what? I'm gonna. I don't know if it's that kind of show. I'm gonna just readjust myself. Nobody needs that much lace. I love that.
Keke Palmer
The hair looks fabulous.
Emma Grede
Thank you, honey. Thank you.
Keke Palmer
How you feeling today?
Emma Grede
I'm feeling glorious, you know, I'm feeling great.
Keke Palmer
And you live in la.
Emma Grede
I live here.
Keke Palmer
Okay, cool. Yeah.
Emma Grede
Okay. Best place in the world to live.
Keke Palmer
Um. Sometimes I love new. Sometimes I want to be east coast now.
Emma Grede
Today. You want to be east coast today?
Keke Palmer
It's probably cold. It's all get out.
Emma Grede
It's cold, it's sunny here. It's gorgeous.
Keke Palmer
You can't beat the weather. You really can't.
Emma Grede
No, you cannot.
Keke Palmer
Okay, so let's get into these pre show pull up questions because I'm about to get into your mind. So your zodiac sign is a Libra?
Emma Grede
Yes.
Keke Palmer
Do you know your big three?
Emma Grede
I don't. I think I'm like, I'm Libra, Libra and something, but I don't know.
Keke Palmer
Libra, Libra.
Emma Grede
I'm a very Libra. Libra. Libra.
Keke Palmer
Are you close to the Virgo Cusp? Like, are you September?
Emma Grede
I'm right on the cusp. I'm September 23rd, so I'm the changeover day. There's a lot of Virgo in this girl over here.
Keke Palmer
Okay, so you do feel some of the Virgo vibes?
Emma Grede
I feel a Bit of Virgo vibes.
Keke Palmer
Okay. What are you most grateful for today? Everything.
Emma Grede
Honestly, it's the most simple answer. But I am like naturally default happy person. I'm like an 8. I wake up happy. I wake up very grateful. And I live in such a way right now that it's easy to be grateful.
Keke Palmer
What's everything to you?
Emma Grede
You know, when I think about everything from like, I have four kids, right? So it's like the last of the morning. I woke up this morning, like, my little twins are potty trained, but my kid had wet herself. And she was like, mom, I'm just so disappointed. And I was like, that's okay. Like, look at. It's all right. You know? And you strip the sheets. And even now I'm like, I'm just so aware that that age is so fleeting and it's so precious that I don't even want that to go away. Do you know what I mean? It's like I have a 12 and a 9 and 24 year olds and I'm like, I'm fine for the bed being wet. I'm grateful for that. So when I say everything, I mean every little thing. But I think that's part of my personality. I'm really someone who stops to smell the roses. I'm very aware of the level of privilege that is a part of my life today because it wasn't always there.
Keke Palmer
Oh, my gosh, I love what you said with that. Because I do think as somebody that's always working and being ambitious, that's something that I've really had to lean more into. And that I'm learning to lean more into, especially in my 30s, is the smelling the roses. Because it really is gratitude for oneself in a way that is so deeply required. But we can forget, you know, so it's what's driving us. But then we forget it.
Emma Grede
But you're right. And also, I think when you are successful, what's interesting is you almost start to expect success. And so when it comes, you're already over it because you're onto the next thing. And I'm like, no, no, no, no. That's no way to live. Like, I'm very much a live for today person. Like, we're not promised tomorrow. Yesterday's gone. It's like, what can you be, like, so in the moment and so grateful for today. So today I'm like, I'm with Kiki. Like, I'm with this.
Keke Palmer
Okay.
Emma Grede
Like, come on and.
Keke Palmer
Does your hand hurt?
Emma Grede
No. Why is that rock?
Keke Palmer
It's heavy, girl.
Emma Grede
Okay. It almost blinded me with that hair moving around. I said, okay, Miss Girl. Well, I have to tell you, this is my third ring period. Not the third husband, but the third ring. We just, you know, we did upgrade. Stunning, babe. It is a good one, right?
Keke Palmer
So beautiful. It's just gems.
Emma Grede
Fair enough. Yeah, fair enough.
Keke Palmer
Okay. A relationship or friendship, non negotiable for you. I mean, truth, honesty, that's all I need. I feel like we don't sit on it enough. Like, what it really means to be truthful and honest like you are.
Emma Grede
So. And that's the point, right? Even when it hurts. Because the thing is, when you have real friendships, like, it will hurt sometimes.
Keke Palmer
Yes.
Emma Grede
You need those people around you. And I actually, you know, I always joke that I don't make new friends. You know, it's like I've had the same friends my whole life, but I rely on those people as almost like measures of where I am in my life. Do you know what I mean?
Keke Palmer
It's so crazy because it's almost like they're an archive of who you are. Like, I've had conversations with my friends now where I'm like, bitch, you just reminded me who I was. Like, in this one moment. I forgot. I love that. I forgot. I used to say that. Oh, my gosh. Like, so it's really amazing when you do have those friendships over those course of those years, because they remind you of sometimes, you know, the things that you forgot you said to yourself.
Emma Grede
It's so true. And I had three sisters. I'm the eldest of four girls. So those girls will remind you every time.
Keke Palmer
And you're the oldest. Wow. Yeah. The middle. In the middle. Okay. What's a question you wish you were asked more in interviews? Reality about the work? I relate deeply to this and I feel like sometimes it's not as interesting as people want it to be, or it's not as cute.
Emma Grede
It's not as cute. You know, it's not as cute. And I don't think people realize how much time I spend in disappointment or in just like, sadness.
Keke Palmer
Yeah.
Emma Grede
You know, like, I am sad. Somebody that works incredibly hard and a lot of stuff doesn't work out. But that's just not the stuff you post. That's not the stuff most people see. And so I feel like the reality and what I've tried to do in this book, start with yourself, is really talk about the mistakes and the things that don't work and what happens when that stuff happens.
Keke Palmer
I think it's really important to also say that when you are a person that's as successful as yourself, because people have to understand that. That these aren't the things that can stop you. You actually have to know that that's a part of the process. That's a part of trial and error. That's like, you have to learn these things. And so when people don't hear it, I think they assume sometimes that it's just been an easy ride. Or even if they don't tell themselves it's been an easy ride, they just assume that everything was consistent or linear.
Emma Grede
100%, no. And you're so right. And actually, I take that one step further to say that the things that don't work out are so necessary, because what they do is they inform your next move. And I think it's so unfortunate that for women, when we take our mistakes, like, so to heart, because for most guys, they're like. And they move on to the next thing. And for a woman, it's like, oh, my God, I did this terrible thing. It's like, no, you didn't. A terrible thing happened. Now you move it to the side and you keep going. It's not you. It's just the thing.
Keke Palmer
My friend said one of her mentors one time told her, don't tell me about what you succeeded at. Tell me about what you failed at. And I thought it was so interesting because it's a way to explore, like, how you move forward, how what you do. Like, if you're going to want somebody on your team, you are going to want to know how. How they're gonna deal when things go left, not just when they go right. So I love that. Who is someone you've met that made you feel starstruck? I mean, Oprah only. When did you guys meet? Like, what happened?
Emma Grede
Okay, so I have been in love with Oprah since a child, right? I used to, like, get up, make the lunches for my little sisters, take them to school. I'd be so exhausted that I'd come back home, be like, I need to watch Oprah. So I'd put it on the tv. And I feel like I learned so much from Oprah. So I've been waiting to meet her, like, forever and ever and ever. And, you know, we know a lot of people. So I'm the Diane Von Furstenberg Oscar Luncheon, right? And everyone's there. And I see Gayle. I know Gayle a little bit. And I'm like, gayle, oh, my God. I don't even say hello. I'm like, gail, you Gotta introduce me to Oprah. And then she does. And, you know, she does like a Gail call down the lawn. She's like, oprah. So then she's, like, walking towards me. It's so dramatic. This is how I remember it. She's, like, walking towards me, and I have nothing to say. Nothing. I leave my sunglasses on. I get really overcome. I sweat through my dress, and I just, like, you know, do this. And, you know, she's used to that. Like, she's used to people, and she's like. And she's so sweet, and she's holding my hand, and she's like, okay. You know, not gonna feel her. Like, I had nothing to say.
Keke Palmer
That was me with Barack Obama. I met President Barack Obama or President Barack Obama. I don't know even what to say.
Emma Grede
Even now we call him President Barack Obama.
Keke Palmer
You know, President Barack Obama, period. We love him. And when I met him, girl, I literally was like, it's.
Emma Grede
I understand that. I understand that. Although I'm on the board of the Obama foundation, so I have to have my words. Oh, did you have to fight here right now? Like that? Just, you know, I know casual. Drop it. So I have to have my words together when, you know, she said, I
Keke Palmer
got my wits about me with my colleagues.
Emma Grede
No, your what?
Keke Palmer
I'm colleague.
Emma Grede
I still like that.
Keke Palmer
So what's a mantra you live by and why? You said, make a decision and move on.
Emma Grede
Yeah.
Keke Palmer
Really decisive. Which is not actually very Libra.
Emma Grede
Right? Like, no. And I feel like I've had to train myself to do that. And I feel like so much of the work I do is constantly being in training for the type of person that you want to be.
Keke Palmer
I don't want.
Emma Grede
I want to be indecisive. I don't want to waste time. And so it's like, I do things. I'm decisive. I lead from my gut most of the time. But I also make a lot of mistakes, but I don't let them stifle me. You know, it's like the mistake happened. I'm moving on.
Keke Palmer
Yeah. That's so important to me with life. Sometimes we hold onto so much shame. We just had to let you know, we can't even move forward today.
Emma Grede
Let it go.
Keke Palmer
We ain't let it go. Let's talk about you growing up, because you just mentioned it a little briefly, but you kind of grew up raising your three sisters. I know your mom was a single mom working at Morgan Stanley, so she was busy trying to make sure she brings that bread. And you were there to support your sisters. Tell me, take me back to those early days.
Emma Grede
You know, it's so funny when you say it like that, because we. We have an interesting family dynamic. It's like, my mom's the dad, I'm the mom, and we got three kids together, you know, and I always laugh at that because, you know, we have a very interesting dynamic between me and my mom and then between me and the sisters. But you know what it's like when you're little. You don't know any better. And, you know, for me, there was no question that, am I going to help my mom? My mom was like, hoover the stairs, make the dinner, and get your kids, like your kids, get your sisters to school. And so I did what my mom told me to do. That there wasn't like, you know, I never felt sorry for myself. I never felt disadvantaged. It was like, this is what you need to do to get through the day. And I think what it gave me is this tremendous sense of a. I can do stuff. You know, I could make a. A roast dinner for seven people by the time I was 12 years old. You know, it's like I was accomplished, I could do stuff. But also I am. I knew the value of everything. I didn't take anything for granted. So if you gave me five, five pounds, you know, $5, I knew that that was worth something. And so there was no, like, kind of flitting around. I was like, okay, now what do I do with this? Because that, for me, was changing my circumstance. And I would, you know, buy magazines, fashion magazines, and I would dream a little bit, but everything was worth something. You know, there was nothing kind of given to me. And so even today, like, everything I have, I attribute value to it. And I actually think that makes me very good at my job.
Keke Palmer
I mean, you've had a job since you were 12 years old, selling newspapers, working in delis. What are some of the skills from those early days that you find yourself still leaning on as a CEO? I mean, the money. I'm hearing you talk a lot about economics. Like, you know, that's incredible.
Emma Grede
I mean, I really love and I feel like as women, we need to talk a lot more about money. But to answer your question, I think there's a couple. The first one is like this idea of the power of the mornings when you have a paper out. You get up at like 4:30am and you see all of these people, these early morning workers. And I was just not accustomed to that. You know, like, we're a late night family. In my family, we're not an early family. And so to me, I was like, what are they all doing? Like, what are those jobs? What are the things that they are, like, up so early for? And it was almost like I didn't know it then, but it was almost like a meditation. You know, you'd be so quiet, you'd have your little coffee and I'd go and deliver my papers. And it taught me that there's, like this sort of magical time that now as a mum of four, I'm like, that 5 to 6am I'm like, that's me. It's night out.
Keke Palmer
Fabulous.
Emma Grede
The best, best. The best. And every woman and every person should kind of like understand, like, how you set up your day. And I feel like the morning is the time that I say, here's what's important. These are the things that need to get done. And then the other thing that having all of these little jobs taught me was like, how being excellent at something can make such a difference. So when you work in a deli, you gotta learn to slice that ham, like, real thin, the Palmer ham. And you've gotta learn to make an amazing sandwich. And people would notice that. They'd wait for me, you know, they'd be like, I want her to make my sandwich. Okay, right? And so. But for me, I was just like, oh. But it taught me. Taught me, like, the 1% rule that if you just make, like, a pair of jeans, 1% better in the waistband, 1% better in the stretchability, 1% better in the hardware, 1% better in the wash. You have an incredible product. So I think that that's testament to the way that I do business. I try to make every little thing better. And by the time you've done 10 things better, you're better than everyone else.
Keke Palmer
Oh, my gosh, I love that. And that's like. I feel like I'm very much always going the extra mile. And a lot of times I used to feel, like, guilty about that. Like, am I. Should I be doing less? But as the years have gone with my career, I've real that that 1%, as you so put it, it really does make a difference. What time do you get up in the morning now? Which you kind of said, maybe like 5am but what time do you go to bed?
Emma Grede
Okay, so I get up at 5. I'm like, in the bed at 10:15. I've never been a good sleeper, so I'm like, probably not asleep until, like, 11, maybe 11:30. But I don't need Much. I need the rest. Like to me it's like that time of like no one speaking to me. Yeah, like that's the part.
Keke Palmer
Do you have a particular wind down routine that you do or anything that helps you get in the mood? I've been really into. This is simple, right?
Emma Grede
Tell me.
Keke Palmer
I've been into just the eye mask. Oh, I love that helps me so much. For some reason, like I really do feel like I've really aged, you know. And I'm doing all the stuff in the movies. Like I'm up now. I'm early. Bird catches the worm. I'm like in the bed by nine girls.
Emma Grede
I really age girl.
Keke Palmer
I'm really.
Emma Grede
You don't want to see me. I do all the masks. I got the infrared mask. I've got the head mask. I got the eye mask. It helps. I do all the things, but you know, it's like I like all that stuff. But you know what I like more than anything? I like my husband next to me. I like a sleepy tea and I want to chat, you know, like that's what I like. I want to like that. I just like.
Keke Palmer
I think it's so cool. Cause I know your husband. He's also incredibly in business. He has frame. I mean it's very. Okay, she's like, now look at the ring.
Emma Grede
Wasn't always like that though.
Keke Palmer
But this is rare. I don't want to say this is rare. Right. But I think sometimes we don't often see the businesswoman that has it all together, have her stuff going on and then also a partner. How did you guys meet? How did this love happen? And were you both always very that. That ambitious?
Emma Grede
Yeah, I mean, I think it's fair to say that we were both very ambitious. My husband was my first investor, so let's do that part first. So I had a company and we worked together. And when I decided to go out on my own, I went to him and his business partner for investment. And that was the first time I'd ever raised money. And I had to go to a few other places as well. I went to some clients and I did a little friends and family round. But I have been in business with my husband for longer than he's been my husband. And so we had that work piece figured out. Like two ambitious people with a similar idea of life doing something that we really believed in. And then I married him. And I think that, you know, he's the type of person that has a lot of respect for my ambition. He's the type of Person that, you know, he's Swedish. And in Sweden, they have a very matriarchal kind of society at large. Yeah, I mean, it's like that. That's how it is.
Keke Palmer
Taking my ass to Sweden.
Emma Grede
I mean, you might do. You might do. I mean, because what you find is like all of these men that look after their kids in the same way, you know, like, we see like a lot of women after they've had babies and they're, you know, looking after their kids and they take some time off of work. Well, in Sweden, as a society, that is not default the mum, sometimes it's the dad and the dad will take nine months off of work. Okay. And the society is obviously set up for them to be able to do that. So that's a different thing. Yeah, we haven't said it is never like, okay, the mother, it's her responsibility to do all these things with the kids.
Keke Palmer
Yeah. It's not gender, it's not rules based solely off of gender.
Emma Grede
Quite the opposite. And so I think that having that type of husband has really helped. And he's ambitious too. He has a whole life and a whole career and we support each other.
Keke Palmer
I love that and I'm so happy for you. It's a blessing. So after initially enrolling in London College of Fashion, you left before graduation to pursue your career. How did you know that was the right decision for you, especially in a society? I mean, I. I'm sure it's the same in London. Definitely. In America, school is very much pushed as the way the only gateway to success. Thoughts are different now, but especially back
Emma Grede
then, I couldn't afford it. It just came down to the fact that I was in school. I'd left home for many, many different reasons, but I wasn't getting on with my mum. And she was like, well, then you can get out. And I couldn't afford to go to school every day. I had to work. And in my mind, I had such a dream of working in fashion that I wasn't really willing to sacrifice my dream, but I couldn't have both. And so it was just those things where I had to go, well, what. What do you do Right at the moment, I can see there's a job here that's kind of in fashion that pays me or there's school. And so I had to go where the money was. And it wasn't an easy decision. But when I look back on it, I really said to myself, okay, I'm going to split this idea of work and learning. And so I did Like a year and a half of internship. So I kind of, you know, if you've got seven days, I would do three that I work for free and be paid for the other four. So in my mind, I was like, I'm still learning. I'm keeping my foot in. I'm working towards what I wanted to do. But it was probably the hardest 18 months of my life because I had no money, you know, like my. My wage just about paid for my train ticket. And it was tough. It was a very difficult time. I was living in a high rise in East London. I kept my milk on the balcony because I didn't have a fridge, I didn't have a stuff.
Keke Palmer
And what the balcony was doing.
Emma Grede
Well, it's keeping it cold. In England, it's cold and, you know, the milk will go a little funny, but I'll be like, it don't matter. It's okay to tea, you know, like, you just do what you have to do, you know, it's like you just.
Keke Palmer
That is so funny. It's the truth. What would you say to young people that are wrestling with that conversation with themselves? Whether they should go to school, if they should actually just get out there and get some real life experience? Baby, this is icy Palma. Yeah. Do you hear that, baby? A warm getaway must be calling my name because spring has officially sprung. We're saying bye bye to endless winter layers and hello to sunny beach season. I finally have a little time off coming up, and with my crazy schedule, that's rare. So I'm thinking of a long weekend escape with my family. The question is, coastal Santa Barbara vibes or desert stay in Palm Springs? All I know is that when I'm planning a trip, booking a stay on Airbnb just makes everything easier. I just love having a whole house to ourselves. We can each have our own space. No cramped hotel rooms to worry about and come together for fun movie marathons or epic game nights in the living room. Everyone can be as loud as they want because things can get competitive, y'. All. And let's face it, a meal is better shared around a table than a bed. Especially when it's my dad's cooking. But here's the real magic we get to play. Locals wandering through neighborhood parks and popping into all the best family owned, under the radar restaurants on the recommendations of our lovely super host. Mm. You already know I love a good food tour moment. So if you're planning spring or summer getaways with your favorite people, find a stay on Airbnb. Trust me, that Home away from home Feeling can't be topped.
Emma Grede
So look, I think that the ideal thing. And as a mother of four, I want all of my kids to make the most of their education. But I am highly dyslexic, and I didn't find out until I was in my mid-20s. So learning for me was hard. It didn't come easy. I struggled. I was a bad student. Ideas didn't land properly. Like, homework was hard for me and everything just. Just felt clunky. And so I think that what you have to do is really know yourself. Like, it's not like I'd said, okay, let me just go and do nothing. I was like, okay, how am I going to supplement my learning? And one of the things that I really believe about myself is I'm always in learning mode, Kiki. It's like, wherever I am, I'm gonna be learning. And so it's like, if the traditional education system isn't for you, then you've got to figure out what is for you. You can't just go and, like, throw it to the wind and expect something to happen. You've got to engineer a situation that is going to give you what you're losing over here. So I'm engineer that situation, but don't wait for anyone else. And that's what Start With Yourself is about. I'm not ever looking for somebody to come and hand me something. I'm going to craft a situation for myself regardless of what's happening. So you've got to do that.
Keke Palmer
How do people find this in themselves? What. What are the things or the practices that have been a part of your life that have allowed you to actually know your voice? Because this is like someone knowing their voice. And I find this very difficult when I'm talking to people that are trying to build a brand or just trying to. To engineer their life. They don't even know how to get to the truth of what they're asking for. They're still stuck at money, fame, and not having to worry about, like, it's the surface stuff, not what really drives them. How do we get there?
Emma Grede
So I think there's a couple of pieces of this. The first one is, and you know this, as you get older, your job becomes like, how you get closer to yourself. And what I mean by that is to understand, like, who am I and what makes me happy? What are the things that. That I uniquely do well. And I think because I grew up, like, really fast, right? Because I was a parent by the time I was 12, I learned that a little bit quicker. And so you can't be trying to please other people. You know, I always talk about this idea of you can't be a people pleaser and a leader. So when you're trying to lead yourself, it has to be similar. It's got to come from the things that are true for you. And that idea of always chasing what feels glossy, what feels like, you know, interesting, is not always the truth of what you really want. So the first thing that you've got to do is get down to, like, what is it that I really want? And then a healthy dose of realism, because it takes a long time. And what I talk about and the reason I said that question of, like, the reality of the work, I want to show, like, how long it takes because I've had a job since I was 12 years old. I'm 43 now, and everyone's like, oh, look at her. But it's like, yeah, do you know what? Do you know what I did? Like, let me take you through the journey. And also, I think just knowing that it is a journey. Life has chapters. And so you might just be in a chapter where, you know, the chapter's actually about, like, this kind of hard landing where things don't all work out for you, and then you're moving to another chapter where actually the groundwork that you laid here does something over here. But I don't know anyone who's an overnight success. And if they are, they're gone tomorrow. So it's better to do the slow and steady.
Keke Palmer
It is. And what you're saying is so true because from the truth piece, which you were saying, I'm big on truth too, because not just. Just in this moral, ethical way, but as. As being accurate. The more truthful I am, the more accurate the outcome is. And the other reality is everything will have its time. I think sometimes, a lot of times, we. We put this pressure on ourselves that it has to happen by this, or we compare ourselves to somebody else in that. But the truth is everybody has their time, and alignment comes for all of us in different phases of our life.
Emma Grede
I think you're 100% right about that. And one of the things that I did very early was kind of get a hold of my emotions. And I think oftentimes we can be very led by our emotions, especially as women. I had a severe anger problem that I had to really get in check. Yeah, it's true. It's, like, really bad.
Keke Palmer
When you were, like, 19, you did.
Emma Grede
Yeah. Like, I feel like I Had it and still have it. And it's one of those things that you manage, right? Like, you don't just get rid of it. It's like it's there. You just gotta.
Keke Palmer
How did it show up for you? Was it just internal? Was it your thoughts on your.
Emma Grede
No, no. I feel like it was one of those things that I hadn't been taught. And, you know, I have kids now and they go to very progressive school and they meditate and they know how to breathe. No one ever told me that. I just thought the way to deal with any problem was to lash out and to be the angriest one there and to be the biggest and the hardest one there. And where I came from, that was the default. That was what you were trying to do, to aim for. And so I had to really learn the hard way. I had to learn that that wasn't something that was going to help me get. Get to where I wanted to be. But equally, neither is guilt, right? Neither is, you know, some of the other things that we kind of go through our lives with. Like, if you're a people pleaser, that is not going to help you be successful. So I think learning to deal with your emotions. And when I wrote this book, I almost wrote it backwards. I wrote about building a business and a brand and what it means to create, like, the career of your dreams. And then I was like, how did I do that? Oh, yeah, I got ahead of my emotions. So then I wrote all about emotions. And then, you know, I wrote about vision indexing. And it's so interesting because I kind of went backwards, you know, But I really wanted this to be a blueprint for successful women. I want people to understand what it really takes.
Keke Palmer
Trying to distill your process, especially as a survivor, because I'm hearing a lot of that in your story. You know, you're not thinking about all the things. You're not indexing yourself while you're doing it. You're following your instincts. So I imagine this was probably. I mean, you tell me how difficult, but also how interesting it was to observe yourself in this way while trying to distill these, you know, this blueprint for other women to follow.
Emma Grede
It's very, very hard. But by the same token, I think there's so much out there. You know, everyone wants to be an entrepreneur now. Everybody wants to be a founder. And I think there's a lot in our culture that really, really tells women the opposite of what is true. We have been socially conditioned to enact behaviors that actually keep you Away from wealth that keep you away from visibility and opportunity. And so what I'm trying to say is that there's all these rules that are out there that actually don't apply. They're not for you. They're ingrained in the culture, but you've got to be able to move away from them. And so as I was going through this, I was like, what. What have I actually done that's been meaningful? Like, don't think about actually starting the brand. It's like, what is the behavior that's brought me there? And so I think that when you can start to get your head around those behaviors and really understand the stuff that's ingrained in the culture and why it's not. So that's what becomes really helpful.
Keke Palmer
I'm really excited to read this book.
Emma Grede
Thank you.
Keke Palmer
Really, really. As the daughter of a white English mother and a black Jamaican Trinidadian father, can I just.
Emma Grede
Can I just say something there, please? So everybody always gets really confused here. My father is Trinidadian, but I was raised by a Jamaican stepdad. So when they write it online, they go, Jamaican, Trinidadian, da, da, da, da. I'm just like, no.
Keke Palmer
I just. It sucks, baby.
Emma Grede
It's like, exactly. We've got all the things going on. So I have an English mum. I have a Trinidadian real dad, but raised by the stepfather who was Jamaican. So the bottom line is I know how to cook jerk chicken. Like, that's it.
Keke Palmer
That's all.
Emma Grede
That's basically all that matters.
Keke Palmer
What?
Emma Grede
I'm coming over.
Keke Palmer
Cause you done mentioned roast now. We had jerk chicken, baby.
Emma Grede
I'm a good cook. I'll tell you. I am a good cook, girl. Yes.
Keke Palmer
And a Trinidadian flavor in there, too. You okay? How has the multicultural background impacted the way you think about beauty, belonging, and obviously what's become your brand?
Emma Grede
Actually, I think in an enormous way, because where I grew up, the idea of beauty was much broader than what was in the kind of fashion community. Right. So if you think about the time when I was born, it was like the moment of, like, Brit pop and Brit art and Kate Moss and heroin chic. It was, like, thin. But that was never the beauty ideals that were in my family. It was like, the curvier the better, the more gleaming skin is, you know, like, it was just. Just not that. And so with my family, I really learned to have an appreciation for the female form. And so when I started good American, that was at the forefront of my mind. It was like, how can you bring that beauty front and center and Having worked in the fashion business for 15 years prior, I was very aware that anything that was done around size and race was very performative. It was about putting somebody in a campaign while nobody at the company looked like that. It was about creating this idea that. That, you know, we've got all of these sizes when the reality was that the sample was cut in the back and, you know, you couldn't go round and look at the model from the other side. So I was like, I'm going to create a brand that's in my beauty ideal, that really thinks about all women and thinks about what people want. Because it was my understanding that just because of the size of your butt, it didn't mean that you wanted something different. Right?
Keke Palmer
Yeah.
Emma Grede
And the fashion industry is very, very largely run by white men. And so my idea of what I could do there was, like, based on this, you know, understanding of what is beautiful and what is going to make sense for most customers. And so I came at it from a very, very different place.
Keke Palmer
I mean, and the demand has been clearly there since day one. I mean, when you talk about Good American, it did $1 million in sales the first day. Skims generated 2 million in minutes. And, I mean, both of them, 3 billion for good American and Skims, 5 billion worth.
Emma Grede
You know, there's a lot of numbers. What I like is, you know, cash money. Like, I think the big people always get, like, they're like, you know, oh, my goodness. Oh, my numbers. It's crazy.
Keke Palmer
Take us to Shark Tank, bro.
Emma Grede
Well, that's what matters, right? It's like, look, I think that when, especially the time that we're in now, people are bombarded by this idea that if it's not a unicorn, it's not worth it. Like, I have a friend, and I love her. She's called Renata Coaglia, and she is Brazilian, and she's beautiful, and she makes these heavenly necklaces, and she sells them to the best stores in the world. And that's her. Her business that pays her. She employs, like, four or five, like, single moms in upstate New York, and they crochet these beautiful things for her. That's also a business.
Keke Palmer
Yes.
Emma Grede
So I want to kind of get out of this idea that everything has to be a trillion dollars to be worth it. Because the idea of business is much less about the cash that you generate and much more about, like, what is my life? What is the freedom that that affords you? What does this allow me to do? So it's like, yeah, it's great. I'VE done some things that have been very successful. I also had a ton of businesses that did. Didn't do.
Keke Palmer
Yeah, right.
Emma Grede
So it's like. And somewhere in between that, it's like, yeah, I learned. And some things got good, but you can't engineer those things.
Keke Palmer
But I love this idea around visibility because I speak a lot about this, too, when I'm talking and people are asking me about business. Like, everybody doesn't have to love what you do for it to be successful. And success is defined by you. Are you making what your destination point was this year or that year?
Emma Grede
100%.
Keke Palmer
I want to dive into the celebrity of it all and why that was something that you want to lean into. And if you saw a lot of power in that, because some people could say that's the whole power. But I don't imagine that to be true. So what are the pluses of working with people that have a name and a platform? And what are the things that are difficult about that that you still have to do that nobody knows you're doing behind the scenes?
Emma Grede
Totally. I mean, I'd spend so 15 years before I started Good American, I had built a group of agencies, and that was the first company that I ever sold. So my business was working on behalf of brand brands and putting them together with celebrities. So there's no one who's done more celebrity deals than me. I put Natalie Portman into, you know, Dior campaign, or Gwyneth Paltrow into Hugo Boss. Like, you know how this stuff works.
Keke Palmer
Right.
Emma Grede
So I really understood how when talent comes into a brand, the acceleration can go like this, but at the end of the day, it's all down to product. And so I have a very good appreciation and understanding for how that kind of initial power that comes with that partnership really propels something. But no one comes back twice to buy bad product. They don't. So it's like the business, the brand, the logistics, everything has to speak for itself. And what I do is build companies. And so I really think about the two things as being, like, beautiful and symbiotic, but you can't have one without the other. And the two things need to, like, fit together. And when you have great partnerships, it's amazing. You know, it's like, I've had good partnerships, I've had bad partnerships. I've been in lots and lots of different businesses that have done different kind of levels of greatness or have just kind of fallen down. And I can honestly say that there isn't one component where you could Say ah, it was like that thing. It's always like the culmination of so many different things. And I always say, you know, a lot of people say, oh, you know, she's like the self made this and the self made that. Like, do you know how many people I work with every day? Do you know how many people there are hundreds and hundreds and hundreds of people at my office and every one of them matters. And so I think when you start at the bottom, you have a massive appreciation for what everybody does along the way. And there's no one piece that is more important than the other.
Keke Palmer
Well, I think that's so true. In my mind, whenever I look at somebody that has a great business is they also are smart enough to have a great team. When you look at the people that have allowed your business to be success and to help you to develop your business acumen, what is the star front team? What are you going into starting your business? Like I gotta have the blah, blah, blah, I gotta have the da da da da. Like who what is.
Emma Grede
Well, let me tell you because first of all, they're still with me, which makes me so happy. All in different companies and different things. But I went out to dinner maybe three weeks ago with the four original people that started Good American. One of them has his own amazing marketing agency. He doesn't work for me anymore, but he does still take, he does still take pictures of me because he's a really good photographer. One of them works in one of my businesses called Offseason. The other one works at Elder Statesman and the other one works at Skims. And so it's really interesting when you look, look at like what happens to people. For me, first of all, it's always going to be about the product, what you are making. Like forget about marketing. People get obsessed with marketing, obsessed with social. Whatever you do in the beginning has to be about the thing that you are going to sell, whether that's a digital product, a physical product. Make that the best thing that it can be. Because when somebody gets that the marketing's figured out for itself, they're going to tell their friend, they're going to tell their mom, who's going to tell somebody else. And this flywheel starts to happen. But that never happens unless you have something great in the beginning. So I like to focus the first people that come into the business as being those product people. Then you've got to be reflective. You got to say, what am I not? What am I uniquely good at and what are my weak spots? And you Hire for those weak spots. And so when I think about that original group of people, they were a American. They had an amazing understanding of the American market as it pertained to denim. They were people that had excellent relationships that I didn't have with retailers and buyers and vendors. And so that's how I crafted the. I was like, I know what I'm good at, but these are the places that I'm missing. And you fill in for those places.
Keke Palmer
Oh, that's incredible advice. What lets you know that a product is good? Because you also are matchmaking, whether it's with the celebrity or with the team. And you're deciding. You're seeing the value in something that's like somebody that. That's taste. I mean, how do you know? How did you build your taste? How did you know that this is gonna work?
Emma Grede
It's the hardest thing. Yeah. This is where it comes in handy, being from where I'm from, because I don't lie to myself. Myself, because when I was a kid, there was no time for that. Do you know what I mean? Yes. But it trains you to not be full of it, because some people can speak themselves into anything. I can't. It's like I know when something's good, and I'm willing to take the feedback and I'm willing to hear the hard stuff. So what you do when you've got a product, you intrinsically think it's good, but you've got to throw it out there. You've got to get as many people to try it, to buy it, to give you feedback, and then you got to take the feedback, because that's what people don't like. So you use your gut instinct. Instinct mix with other people's feedback, and you constantly iterate and perfect. And one of the things I think people get wrong about businesses is they think that the first thing is the thing. No, your business, your purpose, your. What it is that you set out to do should never change. Everything else needs to change. The staff changes, the product evolves, the business changes shape. The initial reason for being should stay the same. And everything else transitions on the way up. And people get so stuck to their ideas that they don't move quickly and enough. What I have done is constant iteration. You make everything better all the time.
Keke Palmer
How do you know you're doing that without taking the integrity away from the core thing? Because I'd imagine that's the question that people ask themselves, especially as more people become part of something.
Emma Grede
Great question.
Keke Palmer
You know what I mean?
Emma Grede
That is a great Question. That's where having like a purpose comes from, right? So if you boil it down, when we started Good American, we were like, we're going to make clothes for all people. The best fitting jeans that every. Every size of butt, right? That was it. 00 through 24. That meant that when net a porter came to me and said, emma, we want to buy your jeans sizes 0 through 10, that was a million dollars. A million dollars in the beginning of business is a lot of money. Yes, it is, but it went against our principles, so we had to say no. Right. So it's like you've got to be willing to take that purpose, that thing that you've said in the beginning that are your principles, and make sure your decisions based off of those things. Because otherwise you get into this slippery slope of a constant. You know, we like winding back of what you said you stood for. So it's like you can't just write the principles down and go, okay, here's our principles. You got to take those principles and you got to use them to make decisions. And that helps you. What you say yes to and what you say no to.
Keke Palmer
There's that truthful thing again. There you go, being real, keeping it real. You're often the strategic force behind globally recognized personalities. But as a founder, that isn't always the face, which I think this is changing much with you. We're seeing you more, we're hearing from you more, which is, I think, very important. But how do you negotiate power in partnerships and knowing even at the point that you're in now, that you want to be seen and you want people to know that you're behind all this?
Emma Grede
Yeah. Well, I think that there's two parts of this, right? If you have great partners, you don't do the same thing. Like different people have different strengths. So I think that's the first thing, like really understanding your strengths and that's part of being good at what you do, like knowing what you bring to the table and knowing what you don't. And I think what happened to me, Kiki, is that I kind of went around and, you know, I was doing what I do and people started asking me questions. And what I realized is it's not small at the top, it's minuscule. And so if you're a girl like me that has very little education and very little access in the beginning, and you start to see that over and over again, it becomes your responsibility to be the change, to be the shift. And oftentimes people were asking me questions that I had answers for. I was like, oh, yeah, I know where you can do that. I understand that. I know what you should pay for. You should probably speak to my lawyers. You need IP protection so I could help people. Okay. So I was like, then I'm gonna do it, right? So it's like you feel this responsibility. Cause you're like, I know that, and that that's what's stopping you. So to me, it became this sort of mixture of, I can do it and I have the access. I have done it, and I can be really honest about the mistakes I've made. And also, what I really want isn't more companies and, you know, more, like, things to put trillions of dollars behind. What I want is for there to be, like, a million little Emmas, a million girls who you wouldn't, on paper think could do it. And yet they can, because they've been given the opportunity and the information and the access. And so that's how I think about my work now. I'm like, this stuff is not about who can. It's about who gets to. And so I'm just gonna make sure that a bunch of people get. Yes.
Keke Palmer
I mean, how has this. As your businesses have grown, how does that impact or even grow your relationships with people like Kim and Khloe that you've done good American and skims with?
Emma Grede
How does it grow my business?
Keke Palmer
How does it change and impact your relationship, like, with your other team members?
Emma Grede
Do you know what? It's really interesting because I think as long as everybody is doing what you set out to do, nothing really changes. You know, it's like, I think that we've always been in this situation where everybody does, like, a bunch of. Of things. I have had lots of different businesses and lots of different opportunities, and they've had different businesses and different opportunities. And, you know, I. I think the truth is, Kiki, like, success sorts everything out.
Keke Palmer
That's right.
Emma Grede
When you're doing well, everybody's happy.
Keke Palmer
Yeah. Period. Period. So we have to talk about the diary of a CEO. Work, life, balance, conversation.
Emma Grede
Do we?
Keke Palmer
Because.
Emma Grede
Do we?
Keke Palmer
I mean, what. What were you thinking when you got this feedback? Were you gagged?
Emma Grede
No, no, no, no. Buy the book. Let me tell you, one of the key reasons that I wrote this book was because I wanted people to understand some of the comments that I've made, because I am very honest and I am very truthful, and I do say, what is my truth? The. The important thing to know here is that, you know, I'm not an expert on a Podcast telling you what 1, 2, 3 things I can do. I am showing you the way it has worked for me.
Keke Palmer
Yeah.
Emma Grede
And I am honest about those things. And what I think is that work from home culture is a career killer for women. And let me explain to you why. Remembering that I have hundreds and hundreds and hundreds and hundreds and hundreds and hundreds of women that work for me. Now, what is happening is that we talk about all of this sort of upside of zoom culture, but none of the rigidity of it. And no one will really tell you, but careers require proximity and visibility. You want a pay rise, you want the next promotion, you want the big corner office, Guess what? You need to be there. You might not want to hear it because it might be comfortable in your living room, but the facts are the facts. And I'm not here to sugarcoat information or to load women. So you almost feel like it's a way to also.
Keke Palmer
I don't wanna say push us out, but it's almost slowly a way to be like, you're not needed or you don't really. It's not. There's no urgency because you're away.
Emma Grede
It's eroding the potential for women to be successful.
Keke Palmer
Interesting period.
Emma Grede
End off. Your boss won't tell you that because they're not allowed to tell you. The way we have built human resource culture in this country and the rest of the western world is that no one can have that conversation with you. You. But the truth is the truth. It just is. If you're not there, if you're not in the room, there is going to be somebody else that is. And guess what? Like, they will get that opportunity over you. This is not about, like, whether or not these things are true or properly understood or whether they're right, quite frankly. Because I know that for some people, they're like, but wait a minute, I need this flexibility. The way that we all come into work now is that. And I listen, I run organizations that are very flexible. Nobody misses things that they need to do. A dentist appointment, an appointment with their kids, because they have to be in work from this hour to this hour. There's a level of flexibility that's assumed in the workplace right now. But I think it's a little bit like this idea that we've built for ourselves that you like, you know, you can listen your way to success. Like, if I just stack all these podcasts, like, I'm gonna get really successful. No ambition has to find you working. And work is just work.
Keke Palmer
I think about this a lot when I think about words like responsibility and accountability. And I do feel like sometimes in work co culture, we can find ourselves giving all of that power to our employers because we don't know how to exercise. No, we don't know how when it's our point in our turn to extend a boundary or to walk away if we need to. And so I think about those things when we talk about these comments or just employee and work culture. And I'm curious, even if it's just us looking at our own selves, what's your relationship to responsibility and accountability when it comes to work life balance?
Emma Grede
It's yours. It's yours. And it's very, very important that you take it seriously and that you match it with what it is that you're trying to achieve. So it is not for everybody that you want to give more, extend the boundaries, work extra. That's for those ambitious little monsters that want a lot of success. And not everybody needs to be like that. Having said that, if you are those people realize that you will need to go the extra mile. You did not wake up one day, Kiki, and like, fall into your latest movie. You auditioned, you worked, you practiced, you took good jobs. Not so good jobs. You changed agent, you move over here, you adapt the team, you learn, you go to classes, you have to do all of this stuff. And that's the truth of it.
Keke Palmer
And I do know that this is a fine line, but I find it so interesting. And I'm not comparing your comments to his, but when we do hear men, like even we think about President Obama saying there is no work life balance.
Emma Grede
He said the exact same thing, him and Mark Cuban.
Keke Palmer
I think it's very interesting because, yeah, I agree with you.
Emma Grede
I think your expectation of me is that if I don't say something warm and cuddly and empathetic and put it in a way that is digestible for women, because women might not be able to hear it in the same way that somehow I'm wrong. But the truth is women can take it. We can take the information and then we can make the decision. And again, it's about, you get to make that decision. You don't have to do that, that. But it's like, at least have the information. Don't be sitting there thinking, oh, my goodness, I wonder why all of this great stuff isn't happening. For me when I am logging into that zoom all the time, it's like,
Keke Palmer
well, and I think both things can be true in meaning there is hyper functioning, there is overdoing it but there are also seasons of I gotta go for it. And then you check yourself. Like, I've had to do that with myself there. I've been running for so many years, working, working, working. I don't regret any of it. I have been putting it out on. On the line. I have been acting like I won't get fed tomorrow. That's how much I've been going for it. But then there's also a season where you say, okay, well, we did. Now let me have gratitude for what all those years did for me. Let me sit back and now let me choose. Now I can say because of the work I put in and what I decided to do for these first 20 years of my career, that now, as we get into 21, 22, 23 to 45, I can start to rearrange. And I think that's also something that I want people to understand is, like, there is this reality that you can't get around this hard work, this extreme hard work, if that's what you want.
Emma Grede
And that's what comes back to. Listen, extraordinary careers come with extraordinary effort. And again, it's only about, right, sizing your ambition to the amount of work that you're willing to put in. And I do think it's about seasons. You know, I look at my kind of late teens and throughout my 20s as this time where. Where I didn't have any big responsibilities. And I write about this a lot because it's like, there is a moment in your life where that is the time. Like, that's the time you put the pedal to the metal and you go for it. But you need to remember that life is long and that it comes in chapters, and there will be times where you don't have to play that game anymore, that you don't have to do that. But it's like, you really need to think about, like, what is it that I want? Like, am I looking for this big career? Am I looking for a family? Because I also think what's happened is that. That, you know, women have been taught right now to. That they should delay, like, families and having children. And, you know, I was really lucky. I had two kids in my early 30s. And when I went and wanted to have more kids, the option was no longer mine. And I thought in my head, I was like, but wait a minute. I thought it'd be fine to have a kid my late 30s, early 40s. Now, listen, Kiki, I am not advocating for teen pregnancy. I'm just saying that waiting until you're 38 probably isn't a good idea either. Either. Right. It's like careers have timelines. Your fertility doesn't like. It's just that simple. Like, your fertility comes in a specific moment and you have to work within that window.
Keke Palmer
Yeah.
Emma Grede
End off.
Keke Palmer
And then it gets difficult because not everybody believes in surrogacy or not everybody believes in ivf.
Emma Grede
Right. And not everybody believes in ivf, by the way. I will say for the record, I have done both of those things. I had my twins by surrogate, I had multiple rounds of failed ivf. In fact, they worked. But I lost babies. But that's a different conversation. Sorry to get back. No, it was very sad. But I think, listen, there's a lot of optionality. If you have the means, not everybody has that. And so if you're working with nature and you're working with a regular budget and a regular salary, you will need to think about whether or not you want to have children. And that has a timeline on it. And it's not for everyone.
Keke Palmer
I think you bring up a lot of interesting things that are important, that whether people agree or not, it's. These are the conversations that we should be having. All of us are trying so hard to just get it right. We want to work. The economy is crazy. We trying to figure out entrepreneurship because we don't want to work for the man or whatever. You know what I mean? So it's, you know, we have to tab the conversation. So I really am excited for people to hear what you have to say on these things because, yeah, like, I want to. Let's get into the V back of it all. How do you think privilege impacts conversations about ambition, especially women in business?
Emma Grede
Oh, it has a huge impact. Right? Because I think at the end of the day, when you start when everybody's like, you know, bootstrap it. Like, bootstrap with what? What am I bootstrapping with? I just about get through the day. I just, ah, you know, it's like I remember like, those early days when people would say bootstrap. I was like, with what?
Keke Palmer
You know, they love sandaling, right?
Emma Grede
Friends and family around. I was like, my friends and family ain't got, like, hoodies.
Keke Palmer
We ain't got the boot or the strap. Boot.
Emma Grede
They got the boot, the strap, the round. I was like, what are you talking about? We got the strap.
Keke Palmer
It ain't the one. You know what I mean?
Emma Grede
It's like, to me, those concepts were so foreign. And so this is where it really helps when you've got a very clear understanding of like what it needs and what it takes and what the optionality is. Because there are a myriad of different ways to start businesses. And that's why I like to look at everything not as a billion dollar unicorn because you have to be honest about what do I have the resources and the ability to create. Create. And if you're trying to create a, you know, a business that is very capital intensive and requires something crazy, perhaps that isn't for you at this particular stage and you'll have to start somewhere else. So it's like you have to match those things up. But I think that in the culture we listen to so much, we hear so much, we think that everybody needs to raise a lot of money. And honestly that isn't the reality how I see a lot of businesses.
Keke Palmer
No, we're not everybody. Not at that chat. You know, I think that's the thing is I hate that about the comparison culture that we live in because, because it's stealing our process. We think we're comparing everything to everyone else. To everyone else. And then we, and then we feel like something is, it even feels more crushing of us feeling like we're being stolen, something's being stolen from us or we're being robbed for something because we feel like we supposed to be on that timeline. And it's like, I mean there's, I think, you know, it's difficult, but there is some amount of faith that has to be in there when you're even in this kind of career, like, because nothing is promised. I've always felt like I was free falling in my career as entertainer. I got a job until I don't have a job. And so, you know, I think there's a mindset that has to be like, if you want this job, this industry, if you want to be an entrepreneur, if you want to go through this thing, then you also going to have to have faith. And it can't be contingent upon what
Emma Grede
you've seen somebody else do 100% or an unrealistic timeline. Because my huge part of this is how long it actually takes. You know, there's an amazing quote out there that says, you know, people, people don't want to spend three years of their life creating a business business, but you know, they'll spend 40 years working for somebody else. Like it takes years. Like it takes years and years. And I had a lot of things that I tried that really didn't work and really didn't leave me in an ideal place. But again, it's like you, you really have to have those moments to get to the successful place. And so I just, I think it's important for people to know that it just isn't what you think it is.
Keke Palmer
You've done a lot of great work with 15% pledge.
Emma Grede
Thank you.
Keke Palmer
You know, giving, pushing the initiative for real tellers to reserve 15% of their shelf space for black owned businesses. Is that the way that you feel? Because obviously you can't, you know, you can't make everybody an entrepreneur. You can't, you know, we can only do so much. But for you, is that your way of being able to kind of create this cyclical kind of thing when you, when it comes to black creators and people that are owning businesses and supporting them, like, is this your way?
Emma Grede
I think it's one of the ways ways. You know, I invest in a lot of female founders, specifically black female founders. And so I think that the way to do it is to put your money where your mouth is. Because you can be driving around in really nice cars and have four houses and do all of this stuff. But if you can't talk about supporting founders without putting your money into founders. But the 15% pledge is another way that actually when we talk about like grassroots level, like shifting the conditions for black founders, right? So when you talk about you can might start something and you might be able to fund it, but then you need to put it somewhere. What this platform does is create that space and make that exist. We're talking about a $14 billion pipeline of opportunity for black owned businesses. And so that is something that I am so, so proud of. But it really is interesting to me when I look at like how the landscape shifted, right when you used to go into Sephora era, you know, maybe there were like two, three brands that were, you know, black owned. Now it's like it's totally different. And that is because the pledge created those conditions. It's because consumers said, one second, we actually want more choice. Like we want brands from different founders. But also entrepreneurs started to understand like there's more places for us to play. And I talk about this all the time. Like black owned businesses aren't just for black people. So we need to make, make sure that they're given the platform so that they can really stand out and sit next to like other brands that are super well funded and have the same type of shell space and therefore the same type of opportunity.
Keke Palmer
I love those partake cookies. Shout out to them.
Emma Grede
Love them, love them.
Keke Palmer
So good. I'd give a little shout out what lets you know that this is a company you should invest in. What are some of the things that you look for?
Emma Grede
So for me, it's always, always, always about the founder. Because I've. I was just on a call actually with. I call them the Spice Boys. These, these entrepreneurs that I have from England. Entrepreneurs, Entrepreneurs. Entrepreneurs. Lost my word there. There's entrepreneurs that I have from England and, you know, I looked at their business and I was like, this is cute. I actually believe in them more than I believe in this specific idea that they have. But I know that they're going to be successful at something. I'm very founder focused. I'm somebody that, like, believes in people and how much ambition and how they uniquely look at an idea. I'm obviously a product person. Like, if I see a big white space, like, I'm like, that's something that I would use. But I'm much, much more about, I would say, having a founder who I'm like, that is a person that I believe in. I believe that they have what it takes. And it's very, very rarely about just like the singularity of the idea and how they're thinking about distribution. It's much broader than that. Like, what is their way of thinking? How do they think about bringing something to market? What's the level of their ambition? And I'm also very good at spotting things that I wouldn't give time of day to, you know, and so I try to give a lot of honest feedback because I get so many people that come to me and say, hey, I've got this thing. And so I'm ruthlessly hon because I don't think that women get enough of the real type of feedback that's needed. And you can waste time on an idea, and I don't think that's helpful either. So I try to just be very, very truthful about what's missing, what they could do. I try to connect people to other people that could maybe help progress something. And that's how I try to be useful.
Keke Palmer
What are your thoughts on AI? Are you into AI products? Do you feel like that's a good access point for technology? I mean, I personally think that everything can be just as bad as it can be good. So there's always that. But I'm curious how you think it's changing our industry.
Emma Grede
I think that we don't have a choice right now. I think that the trainers left the station and I think what. I think what concerns me most, you know, I remember, what was it like 20 years ago when, you know, we were all trying to get women into coding. And because there were so many, so few women in, like, you know, E Com and the digital space. And now I feel like the same thing is happening in. In AI, right? It's like, if you go to one of the big platforms and you say, hey, I'm Kiki, and I'm thinking about getting on this, you know, opportunity and how much should I be paid for it? It will tell you something very different than it tells John. And that is because of the lack of female intuition, investment capacity for being involved in the highest places in AI. So that's the thing that I find really troubling at the moment. But we don't have a choice. If your business is not, you know, really taking the idea of how AI can support it really seriously, you will be left behind. So I think about it, like, with two hats, right? I've got my business hat on over here where I'm like, we have to fully envelop it in the company. And then I have my sort of like, mom and society hat on over here, where I'm like, it's the end of the right?
Keke Palmer
No, Yeah, I think that's. Yeah. Everybody feels like that. It's like, what the hell do we do? We feel that way about everything today.
Emma Grede
Well, I think the thing is, we do what we should always do, right? Which is like, don't be passengers. Don't be passive. You, like, you have to be in it and understand it to be able to change it. And so I'm really one of these people that never sits there and goes like, oh, what is happening to me? I'm like, what can I do about something? How can I take charge? And I think making sure that more women or at the driving seat of some of these things is going to be very helpful.
Keke Palmer
I love that. I've been talking a lot about the tone shift in terms of, like, things are gonna be happening. But my tone about it, I can control that. I can control how I approach it. I can control if it's a horror or if we go into drama or maybe it's a little bit of a comedy. Like, I have to figure out how to make the tone one that is durable, that I can endure. This is your first book. Start with yourself. I mean, what made you say, yeah, I'm gonna write a book?
Emma Grede
I think it was other people. The need and the thirst for knowledge. There's a lot of business books out there, but not a lot that are written by somebody like me with my background, with four kids. And I really thought that I wanted to write a book that is about, like, self leadership, right? Like, there's so much out there, to your point, that you can't control, right? There is the media and the culture and where we're all at in society at large. And yet I don't think that that should stop you. And I wanted to write a book that would be for very ambitious women who want an incredible career and they want to make a lot of money and they want a family and I wanted to create something for them, them that they could take away and understand that there are all of these rules that are written and why they're just not so. And what I want every woman to take away when they read this book is that, you know, if. If you want money, it will require audacity. If you want like a big, big career, then you are going to need like. Like, and I say this like, but it's like. And it is exciting, but it's like, you know, it's like if you want a big career, you're going to have to realize that, like, that takes. It takes some giving. And if you want a family, then it's going to require some timing and it isn't perhaps what you've been told. And if you want power, Kiki, power, like, nobody's coming to give it to you. You have to take it. And make no mistake, my dear, we are desperate for more women in positions of power right now. And so the book is really about all of those things. And yes, there's like, I've tried to write all of the things that I know about how you build a brand and how you can create a career of your dreams. But I really took it very, very seriously, like where we are in time right now and taking some of the stuff that we're constantly told and telling you why it's just not so.
Keke Palmer
I find you deeply motivating and very courageous, especially when we're coming out of a time in culture and society where the consumerism is based on giving a fantasy a fantasy, it's based on lies. And so to come out and say, hey, I do want you to win and I'm doing my best to tell you the truth about how I've won and take it or leave it. I really love that.
Emma Grede
Thank you. I really appreciate that.
Keke Palmer
Yeah, I do.
Emma Grede
I appreciate that it's a little hard medicine. You might throw the book once or twice, but I do think that you'll go back to the corner of your room and you'll pick it up and you'll be like, but that was useful.
Keke Palmer
Did you bring me one today?
Emma Grede
I did, yes, girl. Because I don't have the book.
Keke Palmer
What are we doing?
Emma Grede
You gotta have the book. You gotta have the book.
Keke Palmer
Okay, we're gonna end this with a game. Because I love playing a game. You've hired a ton of people and let's be honest, you probably fired a few. Cause that's what happens sometimes.
Emma Grede
One or two.
Keke Palmer
I'm gonna read you a series of employee profiles and you tell me, are they hired or are they fired? Are you ready?
Emma Grede
I'm ready, babe.
Keke Palmer
And of course we'll discuss it.
Emma Grede
Actually won't be very hard for me. Let's go. Yes. Okay.
Keke Palmer
A Gen Z self described perfection who triple checks everything but moves slowly. Hired or fired?
Emma Grede
Fired.
Keke Palmer
And it's just cause they can't move slow, right?
Emma Grede
You can't move slow.
Keke Palmer
They gotta be decisive.
Emma Grede
You said that. Actually, I will tell you. When I first came to la, I watched this lady move across my, you know, she took something off the printer and she walked across the office and I was sitting there with my assistant and I was like, what is that lady doing? And he was like, she just moseying across the office. And in London you walk like that. Like you walk to the desk, to the printer. And I couldn't understand the speed, you know, so to me, slow is never good. I'm like, go, go, go, go, go.
Keke Palmer
It's time to move.
Emma Grede
Sorry.
Keke Palmer
And Ivy League, NBA with multiple typos on their resume.
Emma Grede
No, not even coming in the door. Babe, you got to have attention to detail, you know, did you like, you know, Melody Hobson came on. First of all, first of all, when Melody came on my podcast Aspire with Emma Greed, she. She was so amazing. And she spoke about how she has people like proofread her emails because it's. And here's the thing, her point is that if you are that sloppy in that type of interaction, like how are you behaving in something that's more important? Like the details matter, those small things matter.
Keke Palmer
That's the 1% spell check. Okay. A hungry recent grad with endless ideas but zero real work experience.
Emma Grede
Oh, I'm taking them.
Keke Palmer
Yes.
Emma Grede
Okay. I'm taking it. If you're hungry, it's like, that's it. That's all I need.
Keke Palmer
A junior level employee who is always reinventing but never meeting deadlines.
Emma Grede
That's just a conversation period.
Keke Palmer
Yeah, we giving them a chance.
Emma Grede
You need to let them know.
Keke Palmer
A senior executive who is endlessly indecisive no, no.
Emma Grede
Indecision is not one of my things and flexibility is a must for me. So I need people to be like, make decisions and move on.
Keke Palmer
A high performer who's clearly burned out but refuses help.
Emma Grede
I'm just getting them the help.
Keke Palmer
That's fabulous.
Emma Grede
Well, that's what we do. You know, when you have great people, that's a game changer for any business. And everybody goes through ups and downs, right? So it's like if you have somebody who like lashing out at their team, but they're excellent. It's like you get them the training that they need because they're clearly going through something. So you gotta meet people sometimes where they're at and you help them.
Keke Palmer
I love that. Someone who takes credit when things go right and is silent when they don't.
Emma Grede
Out the door. It's a really. Out the door. It's a really important trait, not just to own up to things, but to learn from your mistakes. So if you're not owning them, you ain't learning. I can take any amount of mistakes. You can make a mistake every single day. If you come to me and you say, I did this, here's what I got from it and here's what I'm doing differently next time, that's fine.
Keke Palmer
Someone who ignores their job description and takes on any task, big or small,
Emma Grede
I mean, that's my kind of person. I'm not gonna lie. I love those people. I love those people. Listen, again, you don't want to be picking up everything but doing that little extra. Do I? Look at those people. People that are right on the edge. Like, they do their stuff and they do a little bit over here and they understand a little bit more about the rest of the organization. You know, management speak. They call those people t shape leaders. They do their job really well and they know enough about all of the other verticals in the business like you mean something.
Keke Palmer
I love this language. We're getting this. I love the language. Okay, this is the last one.
Emma Grede
Okay.
Keke Palmer
Someone with an incredible resume who struggles to take fees, feedback.
Emma Grede
It's training again. I'm working with you.
Keke Palmer
I love the training that we have.
Emma Grede
I'm working with you. Listen.
Keke Palmer
It's an institution.
Emma Grede
I think that there's so much like, I am a very. I'm a very open person. And when I see that on the other side of me, openness, willingness, like an ability to learn, I can work with anything. It's when you're closed.
Keke Palmer
Yeah.
Emma Grede
You know, when you're wrong and strong. I ain't gonna have time for that.
Keke Palmer
Well, well, I'm so excited about this book. I cannot wait to get into it. Start with yourself. Congratulations, and thanks for coming on the podcast.
Emma Grede
Thank you, my darling. What a joy.
Keke Palmer
Okay, that convo gave me life. Success isn't about waiting for permission or for someone to save you. It's about taking control of your dreams and chasing your goals unapologetically. Emma embodies that. She's not afraid to say she wants to win, to make money, and to build a legacy, but not only for her family, but for all the black women and entrepreneurs coming up behind her. Hope you guys enjoyed this one as much as I did. See you next time. Cause, baby, this is Keke Palmer. Baby, this is. This is Kiki. Baby, this is Kiki Palma. Yeah.
Baby, this is Keke Palmer — April 14, 2026
Keke Palmer sits down with Emma Grede, the powerhouse entrepreneur behind Good American and a founding partner of SKIMS, and the first Black woman investor on Shark Tank. Together, they dig deep into what drives success, the realities of ambition and work-life balance—especially for women, the importance of truth, and how Emma’s multicultural upbringing and grit shaped her approach to business and leadership. This candid, high-energy conversation is full of real talk, practical advice, and powerful takeaways for anyone striving for personal or professional growth.
Recommended for:
Aspiring entrepreneurs, ambitious professionals, women in leadership, anyone who’s tired of the hype and wants to hear what it really takes.