185. McKenzie Bauer — From a Lost Wallet To Entrepreneurial Success

Business Elevated

Season 6 Episode 28: In this episode, Pete Codella, managing director of business services at the Governor's Office of Economic Opportunity, talks with McKenzie Bauer, co-founder of Thread Wallets.

A Utah native, Bauer studied international cultural studies and peacebuilding at BYU-Hawaii, an experience that shaped her marketing and storytelling approach. In 2014, she and her husband co-founded Thread Wallets. She recounts how the idea for her company emerged from her husband's need for a minimalist wallet and their realization that there was a market gap for expressive, functional designs. The conversation highlights the brand’s growth, its mission to inspire adventure and self-expression, and recent marketing efforts, including creating custom products for high-profile figures.

Bauer attributes Thread Wallets' rapid success to trusted mentors, a tight-knit business community, and Utah's entrepreneurial environment. She expresses her passion for supporting women in the workplace, highlighting Thread Wallets' commitment to a family-friendly, flexible work environment and equitable parental leave for both men and women. Bauer stresses the importance of maintaining simplicity in entrepreneurship, seeking mentorship, and taking incremental steps toward success.