How I Built This with Guy Raz

The Container Store: Kip and Sharon Tindell

94 snips
Dec 23, 2024
Kip Tindell and Sharon Tindell, co-founders of The Container Store, discuss their journey from skeptics to industry pioneers in home organization. They share how the idea of selling empty boxes transformed into a retail sensation despite initial doubts. The couple reflects on challenges with growth, the pitfalls of going public, and the effects of online competition. Insights about their partnership and a notable collaboration with Marie Kondo showcase their dedication to promoting organization as a means to enhance daily life.
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ADVICE

Tapping into Untapped Markets

  • Identify opportunities where consumer demand exists but isn't being met by traditional suppliers.
  • Approach manufacturers directly and explain the consumer need, even if they haven't considered retail before.
ANECDOTE

Dallas Over Austin

  • Despite Kip's familiarity with Austin, The Container Store's first location was in Dallas, their then-current residence.
  • The initial focus wasn't on rapid expansion, suggesting a measured approach to growth.
ANECDOTE

Naming The Container Store

  • The Container Store's name, initially met with some resistance, emerged from a brainstorming session with Bob Wilson, father of actors Owen and Luke Wilson.
  • Kip emphasizes the importance of a simple, clear name that reflects the business's unique offering.
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