10 Common Mistakes Fashion Startups Make | Liam Massaubi
Fact – the majority of fashion startups will never turn a profit.
After working with more than 50 fashion startups before retiring in 2015, when our company was acquired, I’ve learned a lot about what it takes for a fashion startup to thrive. I’ve worked with notable brands and celebrity lines. A few have succeeded; most disappeared.
Starting any business is difficult. Individuals are trying to build companies that benefit themselves and the economy. Many entrepreneurs have very little or no experience in the business world and failure takes a toll in many ways.