How Rebecca Minkoff started her business with $10,000 and an appetite for risk

  • 📰 CNBC
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 72%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

How Rebecca Minkoff started her business with $10,000 and an appetite for risk. investinyou (In partnership with acorns.)

She didn't let it crush her. Instead, the fashion designer repurposed the fabric and made things that the two boutiques selling her clothing committed to taking on consignment.

," her new book. "I'd go to Union Square and I'd be like, 'New designer, up and coming designer, please go see her.'Risk-taking has always been a part of Minkoff's DNA. She moved to New York instead of going to college, and started her business after being fired from her first fashion job.She also was in touch with her consumer early on, despite being told it would damage her business.

"It would have been a lot easier, a lot less work to be like, 'Well, that was fun. … Just shut everything down, we'll be back in a year,'" she said. Fortunately for Minkoff, the retailers are back and are increasing their orders. Her direct-to-consumer business was up 10% in 2020from the prior year, she said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

acorns 10.000 u must had it to throw away if something went bad. .. a lot of ppl dont have that luxury

acorns wow

acorns SEC Commissioner Hester Peirce talks crypto regulations bitcoin cryptocurrencies

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines