You're watching...
Eco-Friendly Diaper Business Growing Rapidly
Details
-
Description
gDiapers President Kim Graham-Nye weighs in on the success of her disposable diaper business.
- Duration 4:11
- Date Oct 3, 2011
You're watching...
gDiapers President Kim Graham-Nye weighs in on the success of her disposable diaper business.
Also in this playlist...
Auto-advance: ON
Auto-advanceThis transcript is automatically generated
Innovators -- change -- and ground breakers and they are all women every year fortune honors ten women.
Who start up companies arm between one and 25 million dollars in revenues.
And our next guest is one of those women can -- denies the co-founder president of G diverse she joins me now via satellite and and can it's great to have you on the show first I want to talk to you about.
Of a company itself and explain to our viewers what it is that you created in this is biodegradable.
Diapers and Julie Roberts is when you're.
Biggest thing.
-- right when I was pregnant with my first son my husband and I read an article just one day over breakfast and realize that one disposable diapers.
Takes 500.
Years by a degree.
And -- just in the US alone -- putting fifty million a day into landfills.
Make this kind of struck us that you know day in day out fifty million it's really not a sustainable solutions that we were just trying to find something that was a little bit different.
And and ultimately what we have is and outer pants that -- little cheap and it's adorable it's cotton and soft and readable and who and then inside you put a biodegradable.
And -- is also possible as well if He -- the direction.
Welding industry itself this -- mean at let's talk at the four billion dollar.
Industry for disposable diapers the ones that are going to the landfills like you're saying but it's only -- twenty million dollar industry.
Four cloth diapers which is basically what you're doing here.
So in -- sense.
Really you've got a long way to go but it seems to me that because you're being recognized by fortune because -- one of these top ten -- entrepreneur ores.
And at that -- -- the company has flags are you looking for capital are you looking for VC money to come in and maybe -- the company out solo that warm.
It's you know let and we're not right -- -- beyond.
-- we always love meeting you know but it was investors who are looking -- -- kind of growth sustainability as a business.
But.
And you know we're six years in now almost.
And we are -- -- -- And and -- going it at 67%.
Year on year or so and that the clock markets that 200 million dollar market.
But ultimately for us and we see that it kind of going much beyond that.
And there's about 5% of the American families are interested in using -- -- a hunch is grace and that as you're pointing out you know 95%.
Are really looking for more and and the convenient disposable option so we're trying to kind of bridge that gap and offer parents and that's what.
The young -- had a -- let me talk about the event I do wanna get to that it's it's it's fortune's most powerful women summit this is coming up.
Actually -- this week and you're gonna be sitting down with a couple of big.
Folks one of them is mr.
Warren Buffett you're really gonna have a chance -- down mr.
Bob but I'm curious what you would ask him if you get the chance to talk to -- personal for us.
I'm ET we get we get a little bit of time I'm with him tomorrow afternoon and I'm very excited about it that you know it's.
I really curious to learn what He thinks his biggest mistake lives good -- and I I just feel that we learned so much from.
I'm mistakes my parents always said that mistake is something only you do wrong twice a -- so and you also make on that and you also are going to be Citadel.
Someone that I never ally Eds -- but the day earlier this year within -- she is the the CEO of PepsiCo you're also gonna be getting a chance to see her she's gonna be there.
I had to say that this is something that is near dead and this charge is also.
Mother and she's got two daughters I'm curious what you'd like to ask her as far as someone who is a woman -- -- -- a major leadership role right now.
I like to be honest I -- we parents a little bit more on the personal front with I think managing.
You know again family and where -- I think that's something that's on all of our minds I don't know any mountain in any.
Work environment -- feels like they figured an ounce I think we're all kind of struggling on that China feel like where.
Contributing to society from -- you know career but also really wanting to be to kind of parents who are around so.
And it's a home here up for working mountains and and I'm really looking forward to getting -- -- -- to talk to some of these women who are.
I'm doing some phenomenal things and who also privacy and our great parents so.
Now well and certainly at I would think so -- -- again congratulations a big honor for you for your company.
M grand night the co-founder president of -- diapers thanks for coming on the show thanks to my.