Even though she’s planning her “fun” 40th birthday, Kate Hudson has business on the brain — specifically Fabletics. That’s because the actress was just acknowledged in the Fashion Entrepreneur category at the The Daily Front Row‘s fifth annual Fashion Los Angeles Awards on Sunday, March 17.

“If you would have told me 10 years ago that I would be accepting a Fashion Entrepreneur of the Year Award I would have been l ike, ‘There’s no way,'” Kate’s speech began. “Anyway, here I am and I have to say that starting Fabletics five years ago was one of the most exciting adventures I’ve ever been on.”

Kate Hudson
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The Almost Famous star retraced the company’s history, starting with how it began as something to fill a gap in the market. Kate said she started to really believe in and care about what they could do: bring color and fashion to activewear while making it affordable and available to everyone. Her goal was to “inspire people to get healthy and start to think about what matters to them,” something she noted is a “personal journey.” It took a lot of work from everyone involved but they realized they were onto something.

“This became a life journey and it’s been the most rewarding,” Kate added, revealing that the business has taken over her life more than anything she’s done before — except maybe for producing movies. Kate also called seeing the impact the company has on women “more inspiring to me than anything I’ve ever done.”

Kate Hudson
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One of the reasons Kate has likely been able to focus on Fabletics is just how easy she has been able to coparent with her kids’ dads. Luckily for Kate, ex-husband Chris Robinson, ex-fiancé Matt Bellamy and boyfriend Danny Fujikawa — who parented son Ryder Robinson, 15, son Bingham Hawn Bellamy, 7, and newborn daughter Rani Rose Hudson Fujikawa respectively — all get along and communicate well.

Kate has accomplished a lot with Fabletics in the last five years and we can’t wait to see what the next five years bring!