Image by Steven Meiers
You would think that taking the leap to start Closet Rich, a chic, online boutique portal that enables people to shop clothes and accessories from the coveted closets of some of the most highly regarded individuals in the fashion industry, would be the most nerve-wracking experience for founder Elizabeth Kott. Turns out, for Elizabeth, being a successful entrepreneur is not as nearly as palm-dampening as the prospect of public speaking. Though it comes with the territory of running and growing Closet Rich, Elizabeth admits to a slight anxiousness with doing a lot of public speaking, and in the same sentence announces she’s already found the ideal solution: improv classes. Elizabeth’s passion for challenging herself, for learning new things on a daily basis, and for seeking out all sources of creative inspiration (like, for example, taking improv classes to get more comfortable in front of crowds) are all elements that have helped to make Elizabeth’s professional and personal goals realities.
If you could describe yourself in three words, what would those words be?
Student of moments
Tell us about a girl in your life who rocks.
Kristin Reiter: equal parts my friend, creative partner, and chosen family. She is the archetype of a supportive spirit which has lead me to believe that anything is possible in career and beyond.
What are your dreams/goals/ambitions?
Besides the mundane daily goals I set for myself--no dirty dishes in the sink, writing in my journal daily, making it to the gym five days a week, yadda, yadda, yadda--above all staying curious is my goal. My ambition stems from the growth that is the by-product of daily curiosity, keeping this going is the ultimate dream.
What are you most proud of?
I'm in a constant state of pride when it comes to the cast of characters that inhabit into my life. The fasciation with my friends runs so deep that I find myself looking around at my closest friends thinking, "You make me want to know you more.”
What piece of advice changed your life?
Mid-financial lecture, my dad once said "you need to take your role as President of Elizabeth Kott Inc. as seriously as you take the role you play in your entrepreneurial ventures.” Valid advice when it comes to monetary issues and genius advice when it comes to life as a whole.
Where do you see yourself in 10 years?
If I have learned anything in my 28(ish) years, it is to take it day by day.
What is the number one item on your bucket list?
To carry on a conversation in a foreign language.
Who has been the biggest female influence in your life and why?
I see myself as a culmination of the female forces around me, stemming from my mother, grandmothers and dearest friends to the female driven things I read or music I listen to. I recognize that all hold an impactful role in shaping my views on what it means to be female and how I fit into the whole gender scheme.
What is the biggest risk you’ve ever taken and what did you learn from it?
Although it didn't seem so at the time, launching Closet Rich was the ultimate risk. I look back at it now and it blows my mind to look at the path that one spark of an idea took me on. This path has been an endless teacher, but first and foremost it is prime example on the power of listening to your intuition, which has since become my most trusted business partner.
Why are you THAT GIRL?
Because I’m on the path figuring it out and laughing as I go.
*Interview conducted and compiled by Sheila Moeschen, IATG Senior Editor