Answer extracted from the How I Built This with Guy Raz podcast — listen to the full episode below.
Major retailers—Sephora, Nordstrom, Ulta, Anthropologie, and QVC—all rejected Thrive Causemetics in its early years. The company was forced to bootstrap online, where a good day meant $100 in revenue, and many days brought zero sales. Karissa Bodnar wiped out her entire life savings funding production while working a full-time job.
Karissa Bodnar spent months pitching her beauty brand to the gatekeepers of retail, but none of them saw what she saw. Each rejection stung, but they all said the same thing: the concept didn't fit their portfolio or their strategy. The retail doors stayed closed.
In the absence of retail distribution, Thrive Causemetics had to rely entirely on direct-to-consumer sales through its own website. This meant every dollar of revenue depended on her ability to convert individual customers online, with no buffer from wholesale orders or shelf space. The numbers were brutal and unforgiving.
Building inventory, paying for digital marketing, and keeping the lights on required capital that Bodnar didn't have. She drained approximately $100,000 of her personal life savings into the business while maintaining a full-time job elsewhere—not for income alone, but because walking away from employment would have been financial suicide.
Days with no sales were common. A $100 day felt like a victory. This was not growth-hacking; it was survival mode. As Karissa explains in the full episode, the early years tested her commitment in ways that go beyond typical startup struggle. She had to prove the business model worked before any retailer would consider giving her a second look.
"I love this industry. I love what I get to do every day. And I also have this bigger calling to honor her life."
Karissa Bodnar — Founder and CEO, Thrive Causemetics. Bodnar grew up formulating cosmetics in her parents' kitchen in Stanwood, Washington, starting at age 10. After working as a makeup artist at Sephora and in product development at L'Oreal, she left her career in 2013 to honor her close friend Christy Lamond, who died of cancer at age 24, by building a beauty brand with a mission to give back.
The path to retail acceptance came only after Thrive Causemetics proved itself online first—a lesson that many beauty founders since have learned: retailers want proof of consumer demand before they take the risk.
Karissa invested approximately $100,000 of her life savings into starting Thrive Causemetics. She also worked a full-time job in a different category to fund production and operations.
Karissa woke up in the middle of the night in Los Angeles during an L'Oreal trip in 2013 and thought about how Tom's had built an engine for giving back, which influenced her vision for Thrive Causemetics.
While volunteering as a makeup artist with Look Good, Feel Better, an organization providing makeup classes to women going through cancer, Karissa discovered the need for quality beauty products and support for cancer patients.