Creating a successful fashion business means that you need to focus on creating a sustainable fashion brand business. Creating a sustainable fashion brand business means that you need to know the fundamentals of creating, building, growing, and scaling a business. In this second instalment (see ep.30 for Part 1) of a conversation with business consultant Darryl Bannon we delve into:Episode Notes
What is the difference between "growth" and "scale" when it comes to building a thriving sustainable fashion brand business?
Why it is important to have people of value in your business and to document and create systems;
What holds fashion brands up when they think they are ready to bring in investors onboard?
What you need to be aware of when building a sustainable fashion brand business.
Why pre-sale is a good business model to develop.
Are all successful brands really "successful"? What are some of the signs that some brands may be struggling and all is not well?
How brands stay relevant to new generations of customers;
Can you grow a successful business if you are not profitable as a business?
... and much more. Mentioned Resources:
Online Accounting systems: Quickbooks, XeroProfit First by Mike Michalowicz Becoming Halston series (Netflix)
About the Podcast Host:*** If you would like to book a powerful Breakthrough Power Hour and work through a challenge or strategise how to launch or grow your fashion business, book an hour with Dessy here***
Dessy is the founder of Fashion Insiders & Co - an online platform supporting fashion and creative entrepreneurs who are in the process of launching and growing purpose-driven brands.Contact Method:Fashion Insiders & Coofficial website: http://fashioninsiders.co/Instagram: @fashioninsidersco
Discover more great content on our YouTube channel.
If you enjoyed this episode, please leave us a 5*star* rating and a review on iTunes - it helps us get this podcast discovered by more listeners just like yourself. Thank you.To submit any questions or get in touch with topic suggestions, write to us at [email protected]