A Closer Look: Kraus,
Sherbrooke
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| Photograph by John Redmond |
FRESH OUT OF BUSINESS school, '94
classmates Janet Kraus and Kathy Apruzzese Sherbrooke drove across the country together
and talked about starting a company.
Kraus was going on to a job in strategy for the Body
Shop, and Sherbrooke was about to become product manager for a software company. But they
had become obsessed with the idea of launching a new kind of business: a company that
would take care of all those chores that no one seemed to have time for anymore. Their
product would be time.
"I was around people all the time who would say,
'I wish I could just pay someone to wait at home for the cable TV guy,'" says Kraus.
"Women would say, though men wouldn't have the guts, 'What I really need is a
wife.'"
Kraus and Sherbrooke envisioned a company that would
do all that dry cleaning and gift buying and running around town that had once been the
job of the so-called stay-at-home wife. In 1996, with funds raised from friends and
family, they founded Circles, a Boston-based company that runs errands for busy
professionals. At first targeted to individual consumers, today almost all of Circles'
business comes from corporations that offer the firm's services as a benefit to make their
employees' lives less hectic. Less frazzled employees are, they reason, happier, more
productive employees.
How does it work? A company pays Circles to offer any
or all of their basic services--from car care to shoe repair--to its employees. For less
regular errands, companies can ask Circles to make a concierge available. An employee who
can't find time to buy a wedding gift can call Circles--or go to its Web site at
www.circlesonline.com--and ask the concierge to do
it. A Circles concierge will also wait at home for the cable installer, pick up
prescriptions, get a bracelet fixed, or buy a bag of fertilizer. Circles makes its money
from the companies that hire it, as well as from the network of almost 1,000 service
providers who pay Circles to bring business their way.
The growing success of Circles is simplifying a lot
of lives--but not those of its founders. Kraus and Sherbrooke are increasingly busy and
overworked. The solution? Kraus has started using the Circles dog walker, while Sherbrooke
is now having her laundry picked up.
--BY JENNIFER REESE
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