103. Rebecca Minkoff on How to Get Started Successfully in the Fashion Industry

the bossbabe podcast

Natalie Ellis

Self-improvement, Marketing, Education, Entrepreneurship, Business

4.9 • 2.6K Ratings

🗓️ 6 July 2020

⏱️ 39 minutes

🔗️ Recording | iTunes | RSS

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Summary

We’re joined by legendary businesswoman and award-winning fashion designer, Rebecca Minkoff. With 15 years of experience in the fashion industry, Rebecca is a wealth of knowledge and entrepreneurial wisdom that she’s sharing with us in today’s episode. It should also be no surprise that Rebecca is one of the ambassadors for the Pitch Your Biz Competition with ELLE. Rebecca’s no fluff, straight-forward approach to business is packed full of hustle, persistence, and unapologetic ambition. Tune in as we dive deep into the early days of Rebecca’s career, from how she started in the fashion industry to launching her first line at 21 and growing her brand and business into the iconic empire that it is today. Get ready to feel inspired and empowered with actionable business tips and entrepreneurial wisdom from Rebecca Minkoff. Important Moments with Rebecca Minkoff: [4:06 - 8:40]: Rebecca’s journey from fashion intern at 18 to launching her first line at 21 [9:26 - 9:51]: The biggest challenge that she faced in the early stages of her business [13:08 - 13:54]: Why consistent success is rare and what ‘real’ success truly looks like [15:10 - 16:00]: The power of networking pre-social media [16:55 - 17:15] Learning how to accept the possibility of rejections This episode is brought to you by ELLE, iconic lifestyle brand, and the world’s largest women’s fashion magazine. We’ve partnered with ELLE for their 75th anniversary to celebrate women entrepreneurship. Submit your business pitches to our Pitch Your Biz Competition at bossbabe.com/elle. Get two free months of Skillshare premium membership and receive access to unlimited to over 1000+ classes: www.skillshare.com/bossbabe Follow us: @bossbabe.inc @iamnatalie @rebeccaminkoff

Transcript

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0:00.0	Business is like the highest highs and the lowest lows and it doesn't matter how big you get or how long you've been around.
0:15.3	There are challenges all the time and there are huge successes and then huge losses.
0:22.0	You have to just love what you do so much that it doesn't matter if you're making money.
0:29.3	Welcome to the Boss Bay Podcast, a place where we share with you the real behind the scenes of building successful
0:34.2	businesses, achieving peak performance and learning how to balance it all.
0:38.1	I'm Natalie Ellis, CEO and co-founder of Boss Babe and your host for this week's episode. In case you missed our special announcement
0:44.4	about our partnership with L lifestyle and media brand Powerhouse L. L means she in French and for its 75th anniversary
0:51.2	L is partnering with Boss Babe to celebrate female entrepreneurship.
0:54.6	We believe that women are the future of entrepreneurship in this year more than ever.
0:58.3	We want to discover and reveal the faces that build tomorrow.
1:01.6	This is such a profound moment for us. I'm so so proud. We've always
1:05.2	been so impressed with how empowering their message has been and we're really happy to be
1:09.4	partnering in a way that can amplify our impact and mission in the world. I remember growing up reading
1:14.0	Earl magazine so it's a total pinch-me moment. So our guest today is actually one of our
1:18.1	role models for this partnership, Rebecca Minkoff. Now she doesn't really need much of an
1:22.4	introduction to be honest but the CEO of a
1:24.8	fashion empire that's been around for 15 years Rebecca Mincoff's name is
1:28.4	synonymous with sheik and trendy handbags and accessories. Today we're
1:32.1	going to hear from Rebecca on how she went from
1:34.0	hand-making t-shirts to developing a brand that's in well of over 900 stores worldwide.
1:39.7	We also talk about what kind of impact that had on her business when COVID hit, which was a pretty significant one, she said.
1:46.0	We'll also do a deep dive into a Begga's strategy for getting her brand in front of the right people by using influencer marketing and the importance of networking when building a business.
	...

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