This Jewelry Company Is Using the Power of Words to Change Lives Here's why giving back is the key to success for Caitlin Crosby's social impact enterprise.

By Kristen Aldridge

Opinions expressed by Entrepreneur contributors are their own.

When singer/songwriter Caitlin Crosby turned her hotel key into a necklace, she had no idea it would be the start of a social impact company now known as The Giving Keys.

While on tour, Crosby started selling keys engraved with encouraging words at her merchandise tables. After the necklaces began outselling her albums, Crosby knew she had unlocked the key to success.

Since 2008, The Giving Keys has expanded from a one-woman business into a social enterprise dedicated to paying it forward. Crosby's pieces are sold in over 1,200 stores across the country, and she has built up a celebrity following through stars like Taylor Swift, Leonardo DiCaprio and Justin Bieber.

Today, keys that once opened doors now open so much more. The Giving Keys has provided more than 130 jobs to people transitioning out of homelessness, who make and assemble the products. "It's incredible to see the power of words, and the power of human connection, and how we all need each other," says Crosby.

Each handmade piece of jewelry comes engraved with a meaningful sentiment like Believe, Hope, Courage or a custom word, and wearers pay it forward by passing them on. Once a wearer gives their necklace to someone they know or meet who is in need, they are encouraged to send in the story to The Giving Keys' website, where hundreds of other collected tales can currently be read.

"I think the thing that makes people really special and interesting is their unique story," Crosby says. "We're all humans, we all need these words."

In this episode of How Brands Are Born, learn how Crosby took a passion project and turned it into a business focused on ending homelessness, one key at a time.

How Brands Are Born is presented by Cardone Ventures, in partnership with Original Stories Media. Learn how Grant Cardone and Brandon Dawson can help your business transform and scale to 10X levels HERE.

Kristen Aldridge

Founder of Original Stories Media, Journalist, Producer and Storyteller

Emmy-winning journalist and brand storytelling expert Kristen Aldridge is founder and CEO of Original Stories Media, a production company that specializes in capturing the origin stories behind the world’s most impactful brands. With over two decades of experience in the media industry, she has created content garnering millions of views for hugely successful platforms including Entrepreneur, ESPN, ABC, CBS, Yahoo!, and SHAPE.

Passionate about all things entrepreneurship, Aldridge created the original digital series How Brands Are Born to shine a light on all the remarkable people changing the world one big, bold dream at a time. Her mission is to help leaders reveal their most authentic selves so they can more effectively unleash their vision, inspire their culture, and bring deep value to the marketplace.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

More from How Brands Are Born

Why the Motto 'Better Not Bitter' Changed Everything for Beauty Bakerie Founder Cashmere Nicole

This Jewelry Company Is Using the Power of Words to Change Lives

The Future of Food: Beyond Meat Is Changing the Way People Eat

Growing a Business

How to Get Your Business Recommended by AI Tools Like ChatGPT — and Win More Clients

AI tools like ChatGPT are now recommending businesses — here's how to make sure yours gets picked.

Growing a Business

6 Unconventional Habits That Actually Help Entrepreneurs Find Work-Life Sanity

Tired of traditional work-life balance advice? Here are six unconventional strategies that help entrepreneurs prevent burnout, reclaim energy and align work with life in a way that actually works.

Business News

'You Will Have a Difficult Time Aligning Your Priorities With the Company': AT&T CEO Tells Employees to Comply With 5-Day Office Rule or Leave

In a memo to employees, AT&T CEO John Stankey made it clear that the company's future will not include remote-first flexibility — and those resisting the change may need to move on.

Growing a Business

The Biggest Mistake Entrepreneurs Make When Talking About Their Product

Communication is not a message — it's a transfer of reasoning.

Business News

Tesla Awards Elon Musk a Massive $29 Billion Pay Package to 'Retain and Incentivize' the CEO: 'More Important Than Ever Before'

The Tesla board announced it unanimously approved the pay package for Musk, as his 2018 pay package remains tied up in legal limbo.