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If you’re a fashion student or recent grad who wants to start your own brand: I made this just for you.
Because I’ve been there, with the battle scars and $10k loss to prove it 😬
#fashionstudent #fashionindustry #fashionstartup
Transcript
I graduated from FIT in 2010. I started a brand immediately. I lost $10,000, and then I shut it down within eighteen months. And I want to explain why because this is still happening to fashion students all over the world. Fashion school taught me how to make a collection, but it didn't teach me how to find a customer for that collection. It didn't teach me how to price for margin. It didn't teach me what to do when buyers keep turning you down, and it didn't teach me how to manage cash flow when production worst hit before revenue does. What it did teach me was how do you think like a designer at a major luxury worse, how to construct a quality garment, how to turn an idea into a wearable piece of clothing, and that is all incredibly valuable. Don't get me wrong, but that is just step one in a multi step process. I just had a chat with a follower and this is still happening. Schools will send you out to designer boutiques to study construction, they'll tell you to browse runway photos, to hone your eye for silhouette, But then tier rarely, if better, talk about how to validate that there is a real market for the product you design. And then they almost never tell you what to do if your initial designs can't find an audience. And, honestly, that is why I spend so much time posting here about exactly those topics.